Is PennyMac Mortgage Investment Trust (PMT) overvalued or fairly valued?

MarketChacha shows PennyMac Mortgage Investment Trust's valuation in context — a trailing P/E of about 7.7, a forward P/E of about 5.1, a price-to-book of about 0.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is the share price of PennyMac Mortgage Investment Trust (PMT)?

PennyMac Mortgage Investment Trust last traded at $6.95 (+2.9% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

PennyMac Mortgage Investment Trust

PMT · NYSE · Real Estate · United States

Snapshot

TickerPMT

ExchangeNYSE

SectorReal Estate

IndustryREIT - Mortgage

CountryUnited States

HeadquartersWestlake Village, United States

Websitepmt.pennymac.com

Filings tracked12

About PennyMac Mortgage Investment Trust

PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in residential mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production segments. The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate and credit-linked mortgage-backed securities (MBS). The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, agency and senior non-agency MBS, and collateralized mortgage obligations (CMOs), as well as interest rate hedging activities. The Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit quality loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored enterprises. It has elected to be taxed as a real estate investment trust (REIT). It is not subject to U.S. federal income tax on the REIT taxable income it distributes to its shareholders. PennyMac Mortgage Investment Trust was incorporated in 2009 and is headquartered in Westlake Village, California.

Who owns it

Insiders1.2%
Institutions77.8%
Public & other21.0%

284 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.16.71%
T. Rowe Price Investment Management, Inc.7.28%
Vanguard Portfolio Management LLC5.77%
Vanguard Capital Management LLC4.40%
State Street Corporation4.07%
Invesco Ltd.3.51%
Geode Capital Management, LLC2.64%
Mirae Asset Global ETFs Holdings Ltd.1.96%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Over 3 years only -17.56× of reported profit became operating cash — the classic sign that headline earnings may be running ahead of the cash actually generated. Often explained by working capital funding growth; worth a closer look.

Cash conversion-17.56×

Return on equity6.8%

Latest ROE of 6.8% is on the low side — the business earns a modest return on shareholder capital.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $93.2M · EPS 0.31

Est. earnings growth -34.6%

Next fiscal year

Rev $387.4M · EPS 1.38

Est. earnings growth +30.7%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

ROE

6.8%

Profit CAGR (2y)

-20.0%

EPS (FY2025)

0.99

Net profit (FY2025)

$127.9M

Ask MarketChacha about PMT

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Net profit	EPS	ROE
FY2025	$127.9M	0.99	6.8%
FY2024	$161.0M	1.37	8.3%
FY2023	$199.7M	1.63	10.2%

Quarterly

Period	Net profit	EPS
2026Q2	$30.9M	0.23
2026Q1	$24.6M	0.16
2025Q3	$58.3M	0.55
2025Q2	$7.5M	-0.04
2025Q1	$9.7M	-0.01
2024Q3	$41.4M	0.36
2024Q2	$25.4M	0.17
2024Q1	$47.6M	0.39
2023Q3	$61.4M	0.51
2023Q2	$24.6M	0.16
2023Q1	$60.7M	0.50

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/4/2026
8-K — Results of operations, Exhibits
SEC7/29/2026material
8-K — Executive/director change, Shareholder vote results, Exhibits
SEC6/16/2026material
8-K — Results of operations, Exhibits
SEC5/5/2026material
10-Q filing
SEC5/5/2026
10-K filing
SEC2/18/2026
8-K — Results of operations, Exhibits
SEC1/29/2026material

2025

8-K — Material financial obligation, Exhibits
SEC12/22/2025material
8-K — Material financial obligation, Exhibits
SEC12/16/2025material
10-Q filing
SEC10/29/2025
8-K — Results of operations, Exhibits
SEC10/21/2025material
10-Q filing
SEC7/30/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.