Analysts have clear opinions on PMT.
Based on 5 analysts offering 12 month price targets for PMT in the last 3 months. The average price target is $23.20 with a high estimate of $24.00 and a low estimate of $23.00.
PennyMac Mortgage Investment Trust (PMT) is followed by 5 analysts on the street. Their average price target to be reached in the next 12 months has a
Mark Devries from Barclays rates it a Hold with a target of $23.00.
Similarly, yesterday Michael Kaye of Wells Fargo Reiterated a Hold with a target of $23.00.
The consensus on the street is Moderate Buy.
What does PennyMac Mortgage Investment Trust(PMT) do ?
PennyMac Mortgage Investment Trust is a finance company, which invests primarily in residential mortgage loans and mortgage-related assets. It operates through following segments: Correspondent Production, Credit Sensitive Strategies, Interest Rate Sensit
PennyMac Mortgage Investment Trust(PMT) Insider Trades
Multiple company employees have indulged in significant insider trading. PennyMac Mortgage Investment Trust disclosed in a document filed with the US Securities and Exchange Commission (SEC) that:
Chief Enterprise Ops Officer, Grogin Jeffrey : S – Sale(-$50,689) of PMT in the trading session of 2018-04-02.
Pres, CEO Spector David : S – Sale(-$721,459) of PMT in the trading session of 2019-03-20.
Dir Stewart Stacey D. : S – Sale(-$16,608) of PennyMac Mortgage Investment Trust in the trading session of 2019-03-14.
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