PMT Real Estate

PennyMac Mortgage Investment Trust

$7.89-1.74%

Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026

Basics

Sector: Real Estate
Industry: REIT - Mortgage
Country: United States
Market cap: 688.0M USD
Enterprise value: 2.0B USD

Overall health

Strength: growing faster than most peersgrowing faster than peers
Drawback: its share price swings more than most peers’ (beta 1.11 vs a peer median of 0.75)bigger price swings (beta 1.11 vs peers 0.75)
About average: risk (debt, liquidity and share-price swings)risk
Not enough data: profitability

Would rank #150 of 632 fully scored real estate companies (top 24%)

Partial overall score — 3/4 categories available.

See how it ranks against its peers

Worth knowing

Profitable, but burning cash. Reports a profit, but free cash flow is negative.
PennyMac Mortgage Investment Trust reports a profit but its free cash flow is negative: it spent more on investment and running the business than it brought in. That's common for companies building capacity, but it means the profit isn't yet turning into cash.
Valuation signals disagree. Cheaper than 92% of peers on earnings, but only 0% on free cash flow.
Relative to its earnings, PennyMac Mortgage Investment Trust looks cheaper than 92% of peers; relative to its free cash flow, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.

StockQuotient Score

65/ 100▼ 1 since Oct 27 close

Oct 5 64 → Nov 4 65 (+1)

Valuation

Is the price right?

75/100

Moderate▼ 3 since Oct 27 close

2/3 inputs reported · Partial data

Since last quarter: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 78 → 75

Peer companies moved-3

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Stronger than most peers on:

▲ Earnings yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield18.1%

SEC filings · 12 months to Jun 2026Reported value30% base weight · Z-score 2.63Sector median: 0.0535 · MAD: 0.0484

EBITDA yieldUnavailable

Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.0536 · MAD: 0.0204

Free cash flow yield-1463.9%

Yahoo Finance fallback · SEC cash flow or share count unavailable · trailing 12 months · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.46Sector median: 0.0650 · MAD: 0.0444

Other data (not scored)

Book yield269.4%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 1.1277 · MAD: 0.5490

Growth

Is it growing?

75/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ EPS growth
▲ Revenue growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth95.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 2.73Sector median: 0.1117 · MAD: 0.3101

3-year revenue growth-3.0%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score -0.91Sector median: 0.0378 · MAD: 0.0744

Revenue growth14.6%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.25Sector median: 0.0297 · MAD: 0.0927

Profitability

Does it earn well?

Insufficient data

Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.

Risk

Debt, liquidity, price swings

Moderate

Moderate relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Mixed versus peers:

▲ Current ratio
▼ Beta

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.11

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -1.12Sector median: 0.7490 · MAD: 0.3270

Current ratio1.80×

Yahoo Finance fallback · SEC figure unavailable or out of dateReported value33% base weight · Z-score 0.84Sector median: 1.1950 · MAD: 0.7210

Debt / equity0.84×

SEC filings · latest balance sheetReported value33% base weight · Z-score -0.10Sector median: 0.8040 · MAD: 0.3893

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about PennyMac Mortgage Investment Trust

Is PennyMac Mortgage Investment Trust getting weaker?: Its latest SEC filing (Aug 4, 2026) got stronger: net margin rose 6.5 points to 35.8%. Its overall score is 65/100, down 1 since Oct 28, 2026.
How is PennyMac Mortgage Investment Trust valued vs its peers?: Priced lower than most peers relative to what it earns. Valuation scores 75/100 against 762 real estate peers. Earnings yield 18.1% vs a peer median of 5.3% (stronger than 92% of peers).Earnings yield 18.1% vs peers 5.3% (stronger than 92% of peers). Free cash flow yield -1463.9% vs a peer median of 6.5% (weaker than 100% of peers).Free cash flow yield -1463.9% vs peers 6.5% (weaker than 100% of peers).
Is PennyMac Mortgage Investment Trust growing?: Yes, faster than most of its peers. Growth scores 75/100 against 762 real estate peers. Earnings per share growth 95.9% vs a peer median of 11.2% (stronger than 85% of peers).Earnings per share growth 95.9% vs peers 11.2% (stronger than 85% of peers). 3-year revenue growth -3.0% vs a peer median of 3.8% (weaker than 73% of peers).3-year revenue growth -3.0% vs peers 3.8% (weaker than 73% of peers).
How profitable is PennyMac Mortgage Investment Trust?: Insufficient data: 1 of 3 inputs reported (at least 2 needed).
How risky is PennyMac Mortgage Investment Trust?: Moderate risk relative to 762 real estate peers, judged on debt, liquidity and share-price swings. Current ratio 1.80× vs a peer median of 1.20× (stronger than 69% of peers).Current ratio 1.80× vs peers 1.20× (stronger than 69% of peers). Beta 1.11 vs a peer median of 0.75 (weaker than 78% of peers).Beta 1.11 vs peers 0.75 (weaker than 78% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 4, 2026 · compared with the quarter ended Mar 31, 2026

Got stronger

Net margin rose 6.5 points to 35.8%

	Previous quarter	Latest quarter	Change
Revenue (12 months)	345.1M USD	347.7M USD	+0.7%
Net income (12 months)	101.0M USD	124.4M USD	+23.1%
Debt	1.6B USD	1.6B USD	0.0%
Shares outstanding	87.2M	87.2M	0.0%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Real Estate · 124 companies

Valuations in Real Estate are within their usual range since 2016.

30% of months since 2016 were valued lower than now.
15% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +4% and earnings +25% (medians): earnings grew faster than prices.
Median price-to-sales is +112% vs the whole market, against a usual +154%.

2016Shaded: most expensive fifth of its range2026

Shown for Real Estate: too few REIT - Mortgage companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Net margin	13.5%	-24.1%	46.5%	48.2%	41.6%	▼ 6.6 pts
Return on assets (ROA)	0.4%	-0.5%	1.5%	1.1%	0.6%	▼ 0.5 pts
Return on equity (ROE)	2.4%	-3.7%	10.2%	8.3%	6.8%	▼ 1.5 pts
Debt to equity	1.90×	2.58×	2.63×	1.82×	1.74×	▼ 4.5%

PMT price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

Dear Life Co.,Ltd.3245.T95/ 100

Sakura Development Co.,Ltd2539.TW94/ 100

Millrose Properties, Inc.MRP94/ 100

Bringing the fundamentals into focus…

Overall health

Strength: growing faster than most peersgrowing faster than peers

Drawback: its share price swings more than most peers’ (beta 1.11 vs a peer median of 0.75)bigger price swings (beta 1.11 vs peers 0.75)

About average: risk (debt, liquidity and share-price swings)risk

Not enough data: profitability

Would rank #150 of 632 fully scored real estate companies (top 24%)

Partial overall score — 3/4 categories available.

See how it ranks against its peers

Worth knowing

Profitable, but burning cash. Reports a profit, but free cash flow is negative.

PennyMac Mortgage Investment Trust reports a profit but its free cash flow is negative: it spent more on investment and running the business than it brought in. That's common for companies building capacity, but it means the profit isn't yet turning into cash.

Valuation signals disagree. Cheaper than 92% of peers on earnings, but only 0% on free cash flow.

Relative to its earnings, PennyMac Mortgage Investment Trust looks cheaper than 92% of peers; relative to its free cash flow, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.

Questions investors ask about PennyMac Mortgage Investment Trust

Is PennyMac Mortgage Investment Trust getting weaker?

Its latest SEC filing (Aug 4, 2026) got stronger: net margin rose 6.5 points to 35.8%. Its overall score is 65/100, down 1 since Oct 28, 2026.

How is PennyMac Mortgage Investment Trust valued vs its peers?

Priced lower than most peers relative to what it earns. Valuation scores 75/100 against 762 real estate peers. Earnings yield 18.1% vs a peer median of 5.3% (stronger than 92% of peers).Earnings yield 18.1% vs peers 5.3% (stronger than 92% of peers). Free cash flow yield -1463.9% vs a peer median of 6.5% (weaker than 100% of peers).Free cash flow yield -1463.9% vs peers 6.5% (weaker than 100% of peers).

Is PennyMac Mortgage Investment Trust growing?

Yes, faster than most of its peers. Growth scores 75/100 against 762 real estate peers. Earnings per share growth 95.9% vs a peer median of 11.2% (stronger than 85% of peers).Earnings per share growth 95.9% vs peers 11.2% (stronger than 85% of peers). 3-year revenue growth -3.0% vs a peer median of 3.8% (weaker than 73% of peers).3-year revenue growth -3.0% vs peers 3.8% (weaker than 73% of peers).

How profitable is PennyMac Mortgage Investment Trust?

Insufficient data: 1 of 3 inputs reported (at least 2 needed).

How risky is PennyMac Mortgage Investment Trust?

Moderate risk relative to 762 real estate peers, judged on debt, liquidity and share-price swings. Current ratio 1.80× vs a peer median of 1.20× (stronger than 69% of peers).Current ratio 1.80× vs peers 1.20× (stronger than 69% of peers). Beta 1.11 vs a peer median of 0.75 (weaker than 78% of peers).Beta 1.11 vs peers 0.75 (weaker than 78% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

345.1M USD

347.7M USD

+0.7%

Net income (12 months)

101.0M USD

124.4M USD

+23.1%

Debt

1.6B USD

1.6B USD

0.0%

Shares outstanding

87.2M

87.2M

0.0%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Net margin

13.5%

-24.1%

46.5%

48.2%

41.6%

▼ 6.6 pts

Return on assets (ROA)

0.4%

-0.5%

1.5%

1.1%

0.6%

▼ 0.5 pts

Return on equity (ROE)

2.4%

-3.7%

10.2%

8.3%

6.8%

▼ 1.5 pts

Debt to equity

1.90×

2.58×

2.63×

1.82×

1.74×

▼ 4.5%