With 2.25 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.91 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $12.32 whereas the lowest price it dropped to was $12.0293. The 52-week range on PMT shows that it touched its highest point at $15.22 and its lowest point at $11.77 during that stretch. It currently has a 1-year price target of $14.00. With its current market cap of 1.05 billion, PMT has annualized dividend of $1.60 while the current yield stands at 13.26%. PMT paid its most recent dividend on 1744329600, while the ex-dividend date for that was 1744329600. Beta for the stock currently stands at 1.33.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PMT was down-trending over the past week, with a drop of -4.89%, but this was down by -17.61% over a month. Three-month performance dropped to -3.90% while six-month performance fell -12.60%. The stock lost -11.64% in the past year, while it has lost -4.13% so far this year. A look at the trailing 12-month EPS for PMT yields 0.93 with Next year EPS estimates of 1.57. For the next quarter, that number is 0.38. This implies an EPS growth rate of -3.51% for this year and 18.73% for next year. EPS is expected to grow by 5.28% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.82%.
Float and Shares Shorts:
At present, 87.01 million PMT shares are outstanding with a float of 85.56 million shares on hand for trading. On 2025-03-31, short shares totaled 4.21 million, which was 484.99998 higher than short shares on 1740700800. In addition to Mr. David A. Spector as the firm’s Chairman of the Board & CEO, Mr. Douglas Edward Jones serves as its President, Chief Mortgage Banking Officer & Director.
Institutional Ownership:
Through their ownership of 0.69801 of PMT’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PMT since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PMT analysts setting a high price target of 15.5 and a low target of 13.0, the average target price over the next 12 months is 14.0. Based on these targets, PMT could surge 28.42% to reach the target high and rise by 7.71% to reach the target low. Reaching the average price target will result in a growth of 15.99% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.27903 being high and $1.23967 being low. For PMT, this leads to a yearly average estimate of $1.26919. Based on analyst estimates, the high estimate for the next quarter is $0.39 and the low estimate is $0.34. The average estimate for the next quarter is thus $0.36.
