# PennyMac Mortgage Investment Trust share price today (PennyMac Mortgage Investment Trust, PMT) > PennyMac Mortgage Investment Trust's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. PMT · Real Estate · REIT - Mortgage · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/pmt Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from the last 12 quarters - Price: $7.89 (−34.5% in a year) - P/E: 16.5×, over 1 year - Revenue (Jun 2026): $154 M (+6.1% on a year ago) - Profit (Jun 2026): $20.5 M - Operating margin: 10.9% (−0.8 points on a year ago) - ROE: 5%, FY25 - ROIC: 0.2%, against a 0.3% cost of capital: −0.1 points Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the PennyMac Mortgage Investment Trust share price today? PennyMac Mortgage Investment Trust's share price was $7.89 at the close on 3 November 2026. That is 23.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between $7 and $14, and at that close it sat 14% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 27 weeks running. Over the last 1 year the share price moved −37% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 1 May 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does PennyMac Mortgage Investment Trust pay? PennyMac Mortgage Investment Trust paid $1.60 per share over the last four reported quarters. The most recent declaration was $0.40 for Jun 2026. At today's price of $7.89 that is a yield of 20.28%, based on dividends already paid, not a forecast. ## Which stock lists is PennyMac Mortgage Investment Trust on? PennyMac Mortgage Investment Trust is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is PennyMac Mortgage Investment Trust profitable? PennyMac Mortgage Investment Trust earned $20.5 M of net profit in the Jun 2026 quarter. Full-year FY25 profit was $85.9 M. Over 4 years profit has grown 35.3% a year on average. That is 13.3% of the quarter's revenue. The same quarter a year earlier lost $3.1 M. 2 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $85.9 M (−27.7% on the year before). ## How much revenue does PennyMac Mortgage Investment Trust make, and is it growing? PennyMac Mortgage Investment Trust reported $154 M of revenue in the Jun 2026 quarter, +6.1% on the same quarter a year earlier. Over 4 years it has grown −1.2% a year on average. The last full year, FY25, came in at $721 M. The last four reported quarters add to $684 M. FY25 revenue was $721 M, +42.9% on the year before. Recent pace: the last four quarters grew +257.7% on average, against −1.2% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +11.3%, against +12.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +97.5%, against −7.5% a year (accelerating). ## How much of every $100 of sales does PennyMac Mortgage Investment Trust keep? PennyMac Mortgage Investment Trust's operating margin was 10.9% in the Jun 2026 quarter, 0.8 percentage points lower than the same quarter a year ago. Across 5 years it has been between −43.3% and 33.7%. The latest quarter is within that range. Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## Is PennyMac Mortgage Investment Trust's profit turning into cash? Over the last 3 years PennyMac Mortgage Investment Trust's operations used more cash than they brought in, so cash conversion was −2,369%, a gap worth watching. In FY25 its operations used $7.2 B of cash, against $85.9 M of profit. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does PennyMac Mortgage Investment Trust's cash go? PennyMac Mortgage Investment Trust does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is PennyMac Mortgage Investment Trust's P/E ratio, and how does it compare with its own history? PennyMac Mortgage Investment Trust's P/E is 16.5×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −27.8% while the price moved −34.5%. Earnings did better than the price, which pulled the multiple down within its own range. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the PennyMac Mortgage Investment Trust business getting better or worse? PennyMac Mortgage Investment Trust's business is turning around. Profit growth has swung from −44.0% at its low to +97.5%, improving for 4 quarters in a row, with ROCE steady at 0.5%. This is based on 10 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does PennyMac Mortgage Investment Trust earn on its capital? PennyMac Mortgage Investment Trust earned a ROE of 5% in FY25. That is up from a low of −6% in FY22. Its return on capital used (ROIC) is 0.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 11.9% net margin and 0.03× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 11.9% net margin × 0.03× asset turnover × 11.31× leverage (assets divided by equity) ≈ 4.0% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 0.2% − 0.3% = −0.1 percentage points. The 0.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does PennyMac Mortgage Investment Trust have too much debt? PennyMac Mortgage Investment Trust has total debt of $23.0 B against shareholder equity of $1.9 B as of Jun 2026, so its debt is 12.39× its equity. Year by year, that ratio went from 4.74 in FY21 to 10.14 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the PennyMac Mortgage Investment Trust shareholding pattern? 16.6% of PennyMac Mortgage Investment Trust's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 4.4 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is PennyMac Mortgage Investment Trust from balance-sheet trouble? For PennyMac Mortgage Investment Trust, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does PennyMac Mortgage Investment Trust rank in its industry? 51.1 out of 100, rank 9 of 25 in REIT - Mortgage, with 67% of the evidence available. PennyMac Mortgage Investment Trust scores 51.1 out of 100 against the 25 companies it is compared with in REIT - Mortgage, ranking 9. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 20 + 9.9 + 8.6 + 12.6 = 51.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is PennyMac Mortgage Investment Trust compared with? PennyMac Mortgage Investment Trust ranks 9 of 25 REIT - Mortgage companies on the 4-Factor Sector Score, with 51.1 out of 100. 1. [Ellington Financial Inc.](https://www.sectoralpha.in/us/stocks/efc) EFC · basing · Most evidence points up · 76% evidence 77.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.1/35 · Income 36.4% · Profit 71.7% · 71% evidence Capital efficiency 19.3/25 · ROA 2.2% · ROE 22.5% · GNPA n/a · 68% evidence Valuation 14.6/20 · P/BV 0.85× · P/BV÷ROE 0.04 · 70% evidence Relative strength 15.9/20 · Lead over its industry 20.6% · Lead over S&P 500 -17% · 1 year -15.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 28.1 + 19.3 + 14.6 + 15.9 = 77.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [NexPoint Real Estate Finance, Inc.](https://www.sectoralpha.in/us/stocks/nref) NREF · quiet · Most evidence points up · 76% evidence 68.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.6/35 · Income 24.8% · Profit 17% · 71% evidence Capital efficiency 16.6/25 · ROA 1.7% · ROE 10.8% · GNPA n/a · 68% evidence Valuation 16.5/20 · P/BV 0.34× · P/BV÷ROE 0.03 · 70% evidence Relative strength 14.5/20 · Lead over its industry 30.1% · Lead over S&P 500 -9.4% · 1 year 7.8% · 100% evidence · 5 of 12 weeks ahead Exact sum: 20.6 + 16.6 + 16.5 + 14.5 = 68.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Annaly Capital Management, Inc.](https://www.sectoralpha.in/us/stocks/nly) NLY · basing · Evidence leans up · 80% evidence 63.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.7/35 · Income -23.1% · Profit -29% · 81% evidence Capital efficiency 18.8/25 · ROA 2.3% · ROE 19.9% · GNPA n/a · 68% evidence Valuation 14.1/20 · P/BV 0.9× · P/BV÷ROE 0.04 · 70% evidence Relative strength 13.9/20 · Lead over its industry 15% · Lead over S&P 500 -21.2% · 1 year -16.8% · 100% evidence · 1 of 12 weeks ahead Exact sum: 16.7 + 18.8 + 14.1 + 13.9 = 63.5 · What this means: Relative strength against the index is -21.2%, and revenue and profit growth are weak. 4. [Adamas Trust, Inc.](https://www.sectoralpha.in/us/stocks/adam) ADAM · quiet · Evidence leans up · 67% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.2/35 · Income 86.3% · Profit 100% · 45% evidence Capital efficiency 19.0/25 · ROA 2.7% · ROE 24% · GNPA n/a · 68% evidence Valuation 16.1/20 · P/BV 0.57× · P/BV÷ROE 0.02 · 70% evidence Relative strength 3.5/20 · Lead over its industry -4.5% · Lead over S&P 500 -33.9% · 1 year -18.1% · 100% evidence · 1 of 12 weeks ahead Exact sum: 24.2 + 19 + 16.1 + 3.5 = 62.8 · What this means: Earnings are strong; relative strength in its sector is -4.5% and the one-year return is -18.1%. 5. [Ladder Capital Corp](https://www.sectoralpha.in/us/stocks/ladr) LADR · basing · Evidence leans up · 80% evidence 60.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/35 · Income 16.7% · Profit 26.6% · 81% evidence Capital efficiency 12.7/25 · ROA 1% · ROE 4.1% · GNPA n/a · 68% evidence Valuation 8.2/20 · P/BV 0.76× · P/BV÷ROE 0.18 · 70% evidence Relative strength 17.5/20 · Lead over its industry 24.5% · Lead over S&P 500 -14.6% · 1 year -13.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.9 + 12.7 + 8.2 + 17.5 = 60.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [TPG RE Finance Trust, Inc.](https://www.sectoralpha.in/us/stocks/trtx) TRTX · basing · Evidence leans up · 76% evidence 57.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.6/35 · Income -4.3% · Profit -20.8% · 71% evidence Capital efficiency 15.3/25 · ROA 1.7% · ROE 7.1% · GNPA n/a · 68% evidence Valuation 8.6/20 · P/BV 0.62× · P/BV÷ROE 0.09 · 70% evidence Relative strength 16.2/20 · Lead over its industry 16.4% · Lead over S&P 500 -20.7% · 1 year -23.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 17.6 + 15.3 + 8.6 + 16.2 = 57.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. Seven Hills Realty Trust SEVN · basing · Evidence leans up · 76% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.0/35 · Income -16.1% · Profit -26.7% · 71% evidence Capital efficiency 16.0/25 · ROA 2.2% · ROE 5.3% · GNPA n/a · 68% evidence Valuation 8.6/20 · P/BV 0.59× · P/BV÷ROE 0.11 · 70% evidence Relative strength 15.5/20 · Lead over its industry 12.8% · Lead over S&P 500 -23.1% · 1 year -26.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12 + 16 + 8.6 + 15.5 = 52.1 · What this means: Relative strength against the index is -23.1%, and revenue and profit growth are weak. 8. [Chicago Atlantic Real Estate Finance, Inc.](https://www.sectoralpha.in/us/stocks/refi) REFI · basing · Evidence leans up · 76% evidence 51.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.5/35 · Income -14.3% · Profit -23.7% · 71% evidence Capital efficiency 17.6/25 · ROA 4.5% · ROE 6.3% · GNPA n/a · 68% evidence Valuation 8.4/20 · P/BV 0.75× · P/BV÷ROE 0.12 · 70% evidence Relative strength 14.8/20 · Lead over its industry 6.1% · Lead over S&P 500 -27.7% · 1 year -31.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.5 + 17.6 + 8.4 + 14.8 = 51.3 · What this means: Relative strength against the index is -27.7%, and revenue and profit growth are weak. 9. PennyMac Mortgage Investment Trust this page PMT · basing · Evidence leans up · 67% evidence 51.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.0/35 · Income 11.2% · Profit 96.8% · 45% evidence Capital efficiency 9.9/25 · ROA 0.4% · ROE 5.2% · GNPA n/a · 68% evidence Valuation 8.6/20 · P/BV 0.53× · P/BV÷ROE 0.1 · 70% evidence Relative strength 12.6/20 · Lead over its industry 2.4% · Lead over S&P 500 -31% · 1 year -35.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20 + 9.9 + 8.6 + 12.6 = 51.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Rithm Capital Corp.](https://www.sectoralpha.in/us/stocks/ritm) RITM · basing · Evidence leans down · 80% evidence 48.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.6/35 · Income 20.7% · Profit -54% · 81% evidence Capital efficiency 10.2/25 · ROA 0.5% · ROE 2.9% · GNPA n/a · 68% evidence Valuation 8.6/20 · P/BV 0.52× · P/BV÷ROE 0.18 · 70% evidence Relative strength 17.7/20 · Lead over its industry 28.1% · Lead over S&P 500 -12.2% · 1 year -16.4% · 100% evidence · 3 of 12 weeks ahead Exact sum: 11.6 + 10.2 + 8.6 + 17.7 = 48.1 · What this means: Relative strength against the index is -12.2%, and revenue and profit growth are weak. 11. [Franklin BSP Realty Trust, Inc.](https://www.sectoralpha.in/us/stocks/fbrt) FBRT · basing · Evidence leans down · 76% evidence 44.0 out of 100 Growth Capital Valuation Relative 12. [Starwood Property Trust, Inc.](https://www.sectoralpha.in/us/stocks/stwd) STWD · basing · Evidence leans down · 76% evidence 43.4 out of 100 Growth Capital Valuation Relative 13. [Blackstone Mortgage Trust, Inc.](https://www.sectoralpha.in/us/stocks/bxmt) BXMT · basing · Too little evidence to rank firmly · 55% evidence 43.3 out of 100 Growth Capital Valuation Relative 14. TPG Mortgage Investment Trust, Inc. MITT · basing · Too little evidence to rank firmly · 55% evidence 42.8 out of 100 Growth Capital Valuation Relative 15. [Apollo Commercial Real Estate Finance, Inc.](https://www.sectoralpha.in/us/stocks/ari) ARI · quiet · Evidence leans down · 67% evidence 41.8 out of 100 Growth Capital Valuation Relative 16. [MFA Financial, Inc.](https://www.sectoralpha.in/us/stocks/mfa) MFA · basing · Evidence leans down · 64% evidence 41.1 out of 100 Growth Capital Valuation Relative 17. [Redwood Trust, Inc.](https://www.sectoralpha.in/us/stocks/rwt) RWT · basing · Too little evidence to rank firmly · 55% evidence 37.0 out of 100 Growth Capital Valuation Relative 18. [Invesco Mortgage Capital Inc.](https://www.sectoralpha.in/us/stocks/ivr) IVR · basing · Too little evidence to rank firmly · 55% evidence 37.0 out of 100 Growth Capital Valuation Relative 19. [BrightSpire Capital, Inc.](https://www.sectoralpha.in/us/stocks/brsp) BRSP · basing · Evidence leans down · 67% evidence 35.8 out of 100 Growth Capital Valuation Relative 20. Ares Commercial Real Estate Corporation ACRE · quiet · Too little evidence to rank firmly · 55% evidence 31.3 out of 100 Growth Capital Valuation Relative 21. [Chimera Investment Corporation](https://www.sectoralpha.in/us/stocks/cim) CIM · basing · Most evidence points down · 64% evidence 25.7 out of 100 Growth Capital Valuation Relative 22. [Arbor Realty Trust, Inc.](https://www.sectoralpha.in/us/stocks/abr) ABR · quiet · Most evidence points down · 76% evidence 24.5 out of 100 Growth Capital Valuation Relative 23. [Two Harbors Investment Corp.](https://www.sectoralpha.in/us/stocks/two) TWO · Too little evidence to rank firmly · 47% evidence 58.7 out of 100 Growth Capital Valuation Relative 24. Claros Mortgage Trust, Inc. CMTG · basing · Too little evidence to rank firmly · 48% evidence 33.1 out of 100 Growth Capital Valuation Relative 25. Ready Capital Corporation RC · quiet · Too little evidence to rank firmly · 48% evidence 32.5 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [REIT - Mortgage](https://www.sectoralpha.in/us/sectors/reit-mortgage), all 25 compared on one page. ## Which companies are close to PennyMac Mortgage Investment Trust in size? PennyMac Mortgage Investment Trust is the 13th largest of 29 REIT - Mortgage companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Ladder Capital Corp, Orchid Island Capital, Inc. and Chimera Investment Corporation. Just below it: MFA Financial, Inc., Invesco Mortgage Capital Inc. and Adamas Trust, Inc. ### REIT - Mortgage companies close in size 1. [Ladder Capital Corp](https://www.sectoralpha.in/us/stocks/ladr) $1.1 billion 2. [Orchid Island Capital, Inc.](https://www.sectoralpha.in/us/stocks/orc) $924 million 3. [Chimera Investment Corporation](https://www.sectoralpha.in/us/stocks/cim) $694 million 4. PennyMac Mortgage Investment Trust $688 million 5. [MFA Financial, Inc.](https://www.sectoralpha.in/us/stocks/mfa) $671 million 6. [Invesco Mortgage Capital Inc.](https://www.sectoralpha.in/us/stocks/ivr) $579 million 7. [Adamas Trust, Inc.](https://www.sectoralpha.in/us/stocks/adam) $517 million [All 29 REIT - Mortgage companies, largest first](https://www.sectoralpha.in/us/sectors/reit-mortgage#all-companies) ### Companies close in size in other industries 1. [VersaBank](https://www.sectoralpha.in/us/stocks/vbnk) $703 million · Banks - Regional 2. [Green Dot Corporation](https://www.sectoralpha.in/us/stocks/gdot) $700 million · Credit Services 3. PennyMac Mortgage Investment Trust $700 million 4. [Strawberry Fields REIT, Inc.](https://www.sectoralpha.in/us/stocks/strw) $700 million · REIT - Healthcare Facilities 5. [California BanCorp](https://www.sectoralpha.in/us/stocks/bcal) $699 million · Banks - Regional ## What else do people ask about PennyMac Mortgage Investment Trust? ### What were PennyMac Mortgage Investment Trust's latest quarterly results? PennyMac Mortgage Investment Trust reported revenue of $154 M and net profit of $20.5 M for the Jun 2026 quarter. Earnings per share were $0.23. The operating margin was 10.9%, 0.8 percentage points lower than a year earlier (as of 3 November 2026). ### What is PennyMac Mortgage Investment Trust's market cap? PennyMac Mortgage Investment Trust's market capitalisation is $688 M at a stock price of $7.89. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is PennyMac Mortgage Investment Trust performing? PennyMac Mortgage Investment Trust's latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 27 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will PennyMac Mortgage Investment Trust's stock price go up? This page does not forecast PennyMac Mortgage Investment Trust's stock price. What it shows instead: the stock price is $7.89. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Does PennyMac Mortgage Investment Trust have too much debt? Yes, PennyMac Mortgage Investment Trust has a lot of debt: its debt is 13.90× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is PennyMac Mortgage Investment Trust in its business cycle? PennyMac Mortgage Investment Trust's FY25 operating margin was 13.0%, against a 5-year range of −43.3% to 33.7%: the middle of its own range, neither a peak nor a low. The latest quarter was 10.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the PennyMac Mortgage Investment Trust story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is PennyMac Mortgage Investment Trust a stock worth studying right now? What the numbers show: PennyMac Mortgage Investment Trust's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.