Wells Fargo resumed coverage on PennyMac Mortgage with a new price target
$PMT
Real Estate Investment Trusts
Real Estate
Wells Fargo resumed coverage of PennyMac Mortgage with a rating of Equal Weight and set a new price target of $13.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/18/2025 | $13.50 | Mkt Perform → Outperform | Keefe Bruyette |
| 8/25/2025 | $13.00 | Equal Weight | Wells Fargo |
| 7/25/2025 | $13.50 | Outperform → Mkt Perform | Keefe Bruyette |
| 7/10/2024 | $15.00 → $15.50 | Mkt Perform → Outperform | Keefe Bruyette |
| 1/10/2024 | Hold | Deutsche Bank | |
| 12/6/2023 | $13.50 | Neutral | UBS |
| 2/17/2023 | Buy → Neutral | BTIG Research | |
| 2/7/2023 | $16.00 → $15.00 | Overweight → Neutral | Piper Sandler |
4 - PennyMac Mortgage Investment Trust (0001464423) (Issuer)
4 - PennyMac Mortgage Investment Trust (0001464423) (Issuer)
4 - PennyMac Mortgage Investment Trust (0001464423) (Issuer)
Keefe Bruyette upgraded PennyMac Mortgage from Mkt Perform to Outperform and set a new price target of $13.50
Wells Fargo resumed coverage of PennyMac Mortgage with a rating of Equal Weight and set a new price target of $13.00
Keefe Bruyette downgraded PennyMac Mortgage from Outperform to Mkt Perform and set a new price target of $13.50
8-K - PennyMac Mortgage Investment Trust (0001464423) (Filer)
10-Q - PennyMac Mortgage Investment Trust (0001464423) (Filer)
CERT - PennyMac Mortgage Investment Trust (0001464423) (Filer)
4 - PennyMac Mortgage Investment Trust (0001464423) (Issuer)
4 - PennyMac Mortgage Investment Trust (0001464423) (Issuer)
4 - PennyMac Mortgage Investment Trust (0001464423) (Issuer)
PennyMac Mortgage Investment Trust (NYSE:PMT) today reported net income attributable to common shareholders of $41.9 million, or $0.48 per common share for the fourth quarter of 2025, on net investment income of $93.6 million. PMT previously announced a cash dividend for the fourth quarter of 2025 of $0.40 per common share of beneficial interest, which was declared on December 10, 2025, and will be paid on January 23, 2026, to common shareholders of record as of December 26, 2025. Fourth Quarter 2025 Highlights Financial results: Net income attributable to common shareholders of $41.9 million; annualized return on average common shareholders' equity of 13 percent1 Strong results fr
PennyMac Financial Services, Inc. (NYSE:PFSI) today reported net income of $106.8 million for the fourth quarter of 2025, or $1.97 per share on a diluted basis, on total net revenues of $538.0 million. Book value per share increased to $82.77 from $81.12 at September 30, 2025. PFSI's Board of Directors declared a fourth quarter cash dividend of $0.30 per share, payable on February 26, 2026, to common stockholders of record as of February 16, 2026. Fourth Quarter 2025 Highlights Pretax income was $134.4 million, down from $236.4 million in the prior quarter and up from $129.4 million in the fourth quarter of 2024 Production segment pretax income was $127.3 million, up from $122.9 m
PennyMac Mortgage Investment Trust (NYSE:PMT) will announce results for the quarter and year ended December 31, 2025, in a news release to be issued after the market close on Thursday, January 29, 2026. Management will host a conference call and live audio webcast at 6:00 p.m. Eastern Time to review the results. The release, webcast, and accompanying materials will be available online at pmt.pennymac.com. A replay of the webcast will be available shortly after its conclusion. Individuals who are unable to access the website but would like to receive a copy of the materials should contact our Investor Relations department at 818.224.7028. About PennyMac Mortgage Investment Trust Penn
SC 13G - PennyMac Mortgage Investment Trust (0001464423) (Subject)
SC 13G/A - PennyMac Mortgage Investment Trust (0001464423) (Subject)
SC 13G/A - PennyMac Mortgage Investment Trust (0001464423) (Subject)
PennyMac Mortgage Investment Trust (NYSE:PMT) today reported net income attributable to common shareholders of $41.9 million, or $0.48 per common share for the fourth quarter of 2025, on net investment income of $93.6 million. PMT previously announced a cash dividend for the fourth quarter of 2025 of $0.40 per common share of beneficial interest, which was declared on December 10, 2025, and will be paid on January 23, 2026, to common shareholders of record as of December 26, 2025. Fourth Quarter 2025 Highlights Financial results: Net income attributable to common shareholders of $41.9 million; annualized return on average common shareholders' equity of 13 percent1 Strong results fr
PennyMac Financial Services, Inc. (NYSE:PFSI) today reported net income of $106.8 million for the fourth quarter of 2025, or $1.97 per share on a diluted basis, on total net revenues of $538.0 million. Book value per share increased to $82.77 from $81.12 at September 30, 2025. PFSI's Board of Directors declared a fourth quarter cash dividend of $0.30 per share, payable on February 26, 2026, to common stockholders of record as of February 16, 2026. Fourth Quarter 2025 Highlights Pretax income was $134.4 million, down from $236.4 million in the prior quarter and up from $129.4 million in the fourth quarter of 2024 Production segment pretax income was $127.3 million, up from $122.9 m
PennyMac Mortgage Investment Trust (NYSE:PMT) will announce results for the quarter and year ended December 31, 2025, in a news release to be issued after the market close on Thursday, January 29, 2026. Management will host a conference call and live audio webcast at 6:00 p.m. Eastern Time to review the results. The release, webcast, and accompanying materials will be available online at pmt.pennymac.com. A replay of the webcast will be available shortly after its conclusion. Individuals who are unable to access the website but would like to receive a copy of the materials should contact our Investor Relations department at 818.224.7028. About PennyMac Mortgage Investment Trust Penn
~ Board of Directors Issues Letter to Shareholders ~ ~ Urges Shareholders to Vote on WHITE Proxy Card FOR Erika Meinhardt, Barry B. Moullet, James B. Stallings, Jr., and Frank P. Willey ~ Cannae Holdings, Inc. (NYSE:CNNE) ("Cannae" or the "Company") today announced that it has filed its definitive proxy statement and WHITE proxy card with the U.S. Securities and Exchange Commission ("SEC") in connection with its upcoming 2025 Annual Meeting of Shareholders (the "Annual Meeting") to be held on December 12, 2025. Cannae is urging all shareholders to vote on the WHITE proxy card and to protect their investment by voting "FOR" ONLY Cannae's four highly qualified and experienced director nomi
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today announced the appointment of Doug Jones as President and Chief Mortgage Banking Officer, in conjunction with a similar announcement today by PennyMac Financial Services, Inc. (NYSE: PFSI), PMT’s manager and service provider. Mr. Jones had previously served as PMT’s Senior Managing Director and Chief Mortgage Banking Officer. In his new role, Mr. Jones continues to be responsible for all activities relating to the Company’s loan production and loan servicing businesses. “I am pleased to announce this promotion for Doug, which reflects the Company’s continued focus on succession planning,”
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today announced the appointment of David A. Spector as Chairman of the Board. Mr. Spector will continue to serve as Chief Executive Officer. “I am honored that the Board has entrusted me with this additional responsibility, and I am excited to continue leading this great company forward,” said PMT Chairman and CEO David A. Spector. “I would also like to take this opportunity to thank the Board and its Independent Lead Trustee, Preston DuFauchard, for their continued leadership, especially through the unique challenges of the past year.” About PennyMac Mortgage Investment Trust PennyMac Mortg