PennyMac Mortgage Investment
About: PennyMac Mortgage Investment Trust is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. The company's operations include activities such as the production and servicing of financial securities based on residential loans and the pooling and reselling of high-credit-quality mortgages. The company operates through three segments: correspondent production, credit-sensitive strategies, interest-rate-sensitive strategies. The Credit sensitive strategies segment generates income via investments in CRT arrangements, subordinate MBS, distressed loans, and real estate.
Employees: 7
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 2 (+1) [Q1 2025]
21% more capital invested
Capital invested by funds: $724M [Q4 2024] → $876M (+$152M) [Q1 2025]
2.78% more ownership
Funds ownership: 66.1% [Q4 2024] → 68.88% (+2.78%) [Q1 2025]
3% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 33
5% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 64
1% less funds holding
Funds holding: 201 [Q4 2024] → 198 (-3) [Q1 2025]
42% less call options, than puts
Call options by funds: $25.2M | Put options by funds: $43.4M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Wells Fargo Michael Kaye | 9%upside $14 | Equal-Weight Maintained | 2 May 2025 |
Keefe, Bruyette & Woods Bose George | 13%upside $14.50 | Outperform Maintained | 24 Apr 2025 |
UBS Douglas Harter | 1%upside $13 | Neutral Maintained | 16 Apr 2025 |
Financial journalist opinion
Based on 7 articles about PMT published over the past 30 days









