Stocks · Real Estate · REIT - Mortgage
PennyMac Mortgage Investment Trust PMTU
$25.21 +0.16% Close, Oct 2, 2026 · NYSE · Market cap $810.4M
Strong growthExpensive vs sectorLow risk
Next earnings report: Oct 22, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Revenue over the last four quarters was $1.65B, up 132.8% from a year earlier, slowing from 137.5% a quarter earlier.
- Diluted EPS over the last four quarters was $1.43, up 97.3% year over year.
- Operating margin widened to 67.8% from 27.4% a year earlier.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 5%
- EPS growth (TTM, YoY)Top 17%
- Revenue growth accelerationBottom 16%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 46%
- Gross marginTop 14%
- Operating marginTop 10%
- Cash conversion (OCF / net income)Bottom 4%
- Accruals (lower is better)Bottom 2%
- Net debt / EBITDA (lower is better)Bottom 12%
- Interest coverBottom 40%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 25%
- Free-cash-flow yieldBottom 1%
- EBITDA / enterprise valueBottom 25%
- Sales / enterprise valueBottom 17%
- P/E vs own 5-year history (lower is better)Top 43%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 45%
- 6-month returnTop 48%
- 1-year return vs S&P 500Top 39%
- Distance from 52-week highTop 4%
- Trend checklist (0–4)Top 41%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 44%
- Consecutive EPS beatsBottom 18%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 2%
- Maximum drawdown, 3 yearsTop 1%
- Beta vs S&P 500 (lower is better)Top 7%
- Net debt / EBITDA (lower is better)Bottom 12%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 137.5% | 132.8% | ↓ |
| EPS growth (YoY) | 25.1% | 97.3% | ↑ |
| Gross margin | 35.3% | 79.8% | ↑ |
| Operating margin | 27.4% | 67.8% | ↑ |
| FCF margin | -738.1% | -612.2% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 132.8% | 137.5% | ↓ | Top 5% |
| EPS growth (TTM, YoY) | 97.3% | 25.1% | ↑ | Top 17% |
| Gross margin | 79.8% | 35.3% | ↑ | Top 14% |
| Operating margin | 67.8% | 27.4% | ↑ | Top 10% |
| Net margin | 10.1% | 14.9% | ↓ | — |
| Free-cash-flow margin | -612.2% | -738.1% | ↑ | — |
| Return on invested capital | 4.4% | — | Top 46% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- -2.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 40.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +19090.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 23.34×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 17.20%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 17.20%
- Share count change, 1 year
- +0.2%
- Share count change, 3-year CAGR
- -0.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- -1.3%
- Average 2-day reaction, last 8
- +0.2%
- Positive 20 days after report
- 5 of 8
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | -24.5% | +0.0% | -0.4% | +0.1% | — |
| May 5, 2026 | -56.6% | +0.1% | -0.1% | +1.1% | +0.6% |
| Jan 29, 2026 | +20.8% | +0.8% | -0.7% | +0.2% | -0.0% |
| Oct 21, 2025 | +55.1% | -0.3% | +0.4% | -0.2% | -0.7% |
| Jul 22, 2025 | -111.2% | +0.1% | +0.4% | +1.2% | +1.4% |
| Apr 22, 2025 | -102.7% | +0.0% | +0.7% | +1.1% | +0.6% |
| Jan 30, 2025 | +14.7% | +0.4% | -1.2% | -0.2% | -1.9% |
| Oct 22, 2024 | +4.2% | +0.1% | -1.0% | -1.2% | -2.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $0.23 | $0.30 | -24.5% | $73.0M |
| May 5, 2026 | $0.16 | $0.37 | -56.6% | $82.1M |
| Jan 29, 2026 | $0.48 | $0.40 | +20.8% | $93.6M |
| Oct 21, 2025 | $0.55 | $0.35 | +55.1% | $99.2M |
| Jul 22, 2025 | -$0.04 | $0.36 | -111.2% | $70.2M |
| Apr 22, 2025 | -$0.01 | $0.38 | -102.7% | $44.5M |
| Jan 30, 2025 | $0.41 | $0.36 | +14.7% | $107.9M |
| Oct 22, 2024 | $0.36 | $0.35 | +4.2% | $80.9M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 17.6× | 20.5× | 25th | Top 25% |
| P/E (forward) | 24.9× | — | — | — |
| EV / EBITDA | 24.2× | — | — | Bottom 25% |
| EV / Sales | 14.29× | — | — | Bottom 17% |
| Free-cash-flow yield | -1242.81% | — | — | Bottom 1% |
| Earnings yield | 5.67% | — | — | Top 25% |
P/E over the past five years
Range 9.0× – 94.0× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -0.4%
- Earnings per share growth (TTM)
- +97.3%
- Change in P/E multiple
- -48.9%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -0.2%
- 200-day average slope (20 days)
- -0.1%
- Distance from 50-day average
- -1.6%
- Distance from 200-day average
- -1.4%
- RSI (14)
- 38.7
- Relative volume
- 0.30×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 8.1%
- Volatility vs own 5-year history
- 82th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.10
- Correlation with S&P 500
- 0.28
- Current drawdown from 1-year high
- -3.7%
- Maximum drawdown, 3 years
- -5.0%
Financial statements
- Market cap
- $810.4M
- P/E (TTM)
- 17.6
- EPS, diluted (TTM)
- $1.43
- Revenue (TTM)
- $1.65B
- Dividend yield
- 8.43%
- 52-week range
- $25.02 – $26.26
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $757.5M | -$145.7M | $725.9M | $504.6M | $1.74B |
| Gross profit | $448.7M | -$321.2M | $603.8M | $380.5M | $1.60B |
| Operating income | $394.0M | -$369.8M | $558.2M | $331.3M | $1.38B |
| Net income | $56.9M | -$73.3M | $199.7M | $161.0M | $127.9M |
| EPS (diluted) | $0.26 | -$1.26 | $1.63 | $1.37 | $0.99 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $265.8M | $14.7M | $189.2M | $237.2M | $290.5M | $425.9M | $451.2M | $477.6M |
| Net income | $41.4M | $46.5M | $9.7M | $7.5M | $58.3M | $52.4M | $24.6M | $31.0M |
| EPS (diluted) | $0.36 | $0.41 | -$0.01 | -$0.04 | $0.55 | $0.49 | $0.16 | $0.23 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$2.82B | $1.78B | $1.34B | -$2.70B | -$7.21B |
| Capital expenditure | $28.8M | $0 | -$14.6M | -$29.3M | $0 |
| Free cash flow | -$2.79B | $1.78B | $1.33B | -$2.73B | -$7.21B |
| Dividends paid | -$184.0M | -$173.5M | -$140.6M | -$139.3M | -$139.4M |
| Net share buybacks | -$56.9M | -$88.0M | -$28.5M | $0 | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $421.0M
- Total assets
- $25.09B
- Total liabilities
- $23.20B
- Total debt
- $22.92B
- Net debt
- $22.70B
- Shareholders’ equity
- $1.85B
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 15, 2026 | $0.53 | Sep 30, 2026 |
| Jun 15, 2026 | $0.53 | Jun 30, 2026 |
| Mar 13, 2026 | $0.53 | Mar 30, 2026 |
| Dec 15, 2025 | $0.53 | Dec 30, 2025 |
| Sep 15, 2025 | $0.53 | Sep 30, 2025 |
| Jun 13, 2025 | $0.53 | Jun 30, 2025 |
| Mar 14, 2025 | $0.53 | Mar 31, 2025 |
| Dec 13, 2024 | $0.53 | Dec 30, 2024 |
Short interest
- Shares sold short
- 1,116
- Days to cover
- 1.00
- Change vs previous report
- -7.8%
FINRA short interest, settlement date Sep 15, 2026.