PENNYMAC MORTGAGE INVESTMENT (PMT) Fundamental Analysis & Valuation

NYSE:PMT • US70931T1034

12.06 USD
+0.06 (+0.5%)
At close: Mar 5, 2026
12.2752 USD
+0.22 (+1.78%)
After Hours: 3/5/2026, 5:15:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This PMT fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

Overall PMT gets a fundamental rating of 3 out of 10. We evaluated PMT against 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. Both the profitability and financial health of PMT have multiple concerns. PMT has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

2

1. PMT Profitability Analysis

1.1 Basic Checks

  • PMT had positive earnings in the past year.
  • In the past year PMT has reported a negative cash flow from operations.
  • The reported net income has been mixed in the past 5 years: PMT reported negative net income in multiple years.
  • In multiple years PMT reported negative operating cash flow during the last 5 years.
PMT Yearly Net Income VS EBIT VS OCF VS FCFPMT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B -2B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 0.43%, PMT is in line with its industry, outperforming 50.00% of the companies in the same industry.
  • PMT's Return On Equity of 4.24% is in line compared to the rest of the industry. PMT outperforms 47.06% of its industry peers.
  • The Return On Invested Capital of PMT (0.51%) is comparable to the rest of the industry.
  • PMT had an Average Return On Invested Capital over the past 3 years of 0.94%. This is in line with the industry average of 1.22%.
Industry RankSector Rank
ROA 0.43%
ROE 4.24%
ROIC 0.51%
ROA(3y)0.4%
ROA(5y)0.32%
ROE(3y)2.76%
ROE(5y)2.11%
ROIC(3y)0.94%
ROIC(5y)0.73%
PMT Yearly ROA, ROE, ROICPMT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5

1.3 Margins

  • PMT has a Profit Margin (7.09%) which is comparable to the rest of the industry.
  • PMT's Profit Margin has declined in the last couple of years.
  • The Operating Margin of PMT (10.03%) is comparable to the rest of the industry.
  • PMT's Operating Margin has declined in the last couple of years.
  • PMT has a worse Gross Margin (17.95%) than 70.59% of its industry peers.
  • PMT's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 10.03%
PM (TTM) 7.09%
GM 17.95%
OM growth 3Y30.21%
OM growth 5Y-10.92%
PM growth 3Y47.37%
PM growth 5Y-15.02%
GM growth 3Y21.41%
GM growth 5Y-6.35%
PMT Yearly Profit, Operating, Gross MarginsPMT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. PMT Health Analysis

2.1 Basic Checks

  • PMT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
PMT Yearly Shares OutstandingPMT Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
PMT Yearly Total Debt VS Total AssetsPMT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B

2.2 Solvency

  • PMT has an Altman-Z score of -0.43. This is a bad value and indicates that PMT is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of -0.43, PMT is in line with its industry, outperforming 42.65% of the companies in the same industry.
  • PMT has a Debt/Equity ratio of 8.66. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of PMT (8.66) is worse than 82.35% of its industry peers.
Industry RankSector Rank
Debt/Equity 8.66
Debt/FCF N/A
Altman-Z -0.43
ROIC/WACCN/A
WACCN/A
PMT Yearly LT Debt VS Equity VS FCFPMT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B

2.3 Liquidity

  • PMT has a Current Ratio of 0.04. This is a bad value and indicates that PMT is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of PMT (0.04) is worse than 82.35% of its industry peers.
  • A Quick Ratio of 0.04 indicates that PMT may have some problems paying its short term obligations.
  • PMT has a worse Quick ratio (0.04) than 82.35% of its industry peers.
Industry RankSector Rank
Current Ratio 0.04
Quick Ratio 0.04
PMT Yearly Current Assets VS Current LiabilitesPMT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. PMT Growth Analysis

3.1 Past

  • PMT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -26.32%.
  • The Earnings Per Share has been growing by 32.50% on average over the past years. This is a very strong growth
EPS 1Y (TTM)-26.32%
EPS 3YN/A
EPS 5Y32.5%
EPS Q2Q%17.07%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-13.31%

3.2 Future

  • The Earnings Per Share is expected to grow by 18.88% on average over the next years. This is quite good.
  • PMT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.96% yearly.
EPS Next Y67.25%
EPS Next 2Y31.43%
EPS Next 3Y18.88%
EPS Next 5YN/A
Revenue Next Year25.84%
Revenue Next 2Y13.45%
Revenue Next 3Y10.96%
Revenue Next 5YN/A

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
PMT Yearly Revenue VS EstimatesPMT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M 1B
PMT Yearly EPS VS EstimatesPMT Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 -1 2

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Find the best growth stocksShow best growing peers

5

4. PMT Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 12.31 indicates a correct valuation of PMT.
  • PMT's Price/Earnings ratio is a bit cheaper when compared to the industry. PMT is cheaper than 63.24% of the companies in the same industry.
  • PMT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.03.
  • PMT is valuated cheaply with a Price/Forward Earnings ratio of 7.36.
  • 77.94% of the companies in the same industry are more expensive than PMT, based on the Price/Forward Earnings ratio.
  • PMT is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.11, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.31
Fwd PE 7.36
PMT Price Earnings VS Forward Price EarningsPMT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
PMT Per share dataPMT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 -40 -60

4.3 Compensation for Growth

  • PMT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • PMT's earnings are expected to grow with 18.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)0.38
EPS Next 2Y31.43%
EPS Next 3Y18.88%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. PMT Dividend Analysis

5.1 Amount

  • PMT has a Yearly Dividend Yield of 13.00%, which is a nice return.
  • PMT's Dividend Yield is a higher than the industry average which is at 11.29.
  • PMT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 13%

5.2 History

  • The dividend of PMT has a limited annual growth rate of 0.26%.
  • PMT has been paying a dividend for at least 10 years, so it has a reliable track record.
  • The dividend of PMT decreased recently.
Dividend Growth(5Y)0.26%
Div Incr Years0
Div Non Decr Years1
PMT Yearly Dividends per sharePMT Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

  • PMT pays out 227.39% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of PMT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP227.39%
EPS Next 2Y31.43%
EPS Next 3Y18.88%
PMT Yearly Income VS Free CF VS DividendPMT Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B -2B
PMT Dividend Payout.PMT Dividend Payout, showing the Payout Ratio.PMT Dividend Payout.PayoutRetained Earnings

More info and screens

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PMT Fundamentals: All Metrics, Ratios and Statistics

PENNYMAC MORTGAGE INVESTMENT

NYSE:PMT (3/5/2026, 5:15:02 PM)

After market: 12.2752 +0.22 (+1.78%)

12.06

+0.06 (+0.5%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)01-29
Earnings (Next)04-20
Inst Owners70.61%
Inst Owner Change-8.25%
Ins Owners0.96%
Ins Owner Change11.42%
Market Cap1.05B
Revenue(TTM)N/A
Net Income(TTM)79.68M
Analysts69.23
Price Target13.62 (12.94%)
Short Float %5.36%
Short Ratio3.61
Dividend
Industry RankSector Rank
Dividend Yield 13%
Yearly Dividend2.09
Dividend Growth(5Y)0.26%
DP227.39%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-30.1%
Min EPS beat(2)-110.78%
Max EPS beat(2)50.57%
EPS beat(4)2
Avg EPS beat(4)-37.54%
Min EPS beat(4)-110.78%
Max EPS beat(4)50.57%
EPS beat(8)4
Avg EPS beat(8)-18.79%
EPS beat(12)6
Avg EPS beat(12)-17.18%
EPS beat(16)6
Avg EPS beat(16)-72.42%
Revenue beat(2)1
Avg Revenue beat(2)-12.58%
Min Revenue beat(2)-26.28%
Max Revenue beat(2)1.12%
Revenue beat(4)2
Avg Revenue beat(4)-15.98%
Min Revenue beat(4)-52.49%
Max Revenue beat(4)13.74%
Revenue beat(8)2
Avg Revenue beat(8)-15.75%
Revenue beat(12)4
Avg Revenue beat(12)2.82%
Revenue beat(16)6
Avg Revenue beat(16)10.02%
PT rev (1m)0.81%
PT rev (3m)1.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.18%
EPS NY rev (1m)0%
EPS NY rev (3m)9.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.94%
Valuation
Industry RankSector Rank
PE 12.31
Fwd PE 7.36
P/S 0.93
P/FCF N/A
P/OCF N/A
P/B 0.56
P/tB N/A
EV/EBITDA N/A
EPS(TTM)0.98
EY8.13%
EPS(NY)1.64
Fwd EY13.59%
FCF(TTM)-63.53
FCFYN/A
OCF(TTM)-63.53
OCFYN/A
SpS12.92
BVpS21.6
TBVpS-20.56
PEG (NY)0.18
PEG (5Y)0.38
Graham Number21.82
Profitability
Industry RankSector Rank
ROA 0.43%
ROE 4.24%
ROCE 1.08%
ROIC 0.51%
ROICexc 0.51%
ROICexgc 0.66%
OM 10.03%
PM (TTM) 7.09%
GM 17.95%
FCFM N/A
ROA(3y)0.4%
ROA(5y)0.32%
ROE(3y)2.76%
ROE(5y)2.11%
ROIC(3y)0.94%
ROIC(5y)0.73%
ROICexc(3y)0.96%
ROICexc(5y)0.74%
ROICexgc(3y)1.45%
ROICexgc(5y)1.08%
ROCE(3y)2.12%
ROCE(5y)1.72%
ROICexgc growth 3Y52.36%
ROICexgc growth 5Y-5.33%
ROICexc growth 3Y46.74%
ROICexc growth 5Y-8.88%
OM growth 3Y30.21%
OM growth 5Y-10.92%
PM growth 3Y47.37%
PM growth 5Y-15.02%
GM growth 3Y21.41%
GM growth 5Y-6.35%
F-Score1
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 8.66
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 0.15
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.04
Quick Ratio 0.04
Altman-Z -0.43
F-Score1
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-26.32%
EPS 3YN/A
EPS 5Y32.5%
EPS Q2Q%17.07%
EPS Next Y67.25%
EPS Next 2Y31.43%
EPS Next 3Y18.88%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-13.31%
Revenue Next Year25.84%
Revenue Next 2Y13.45%
Revenue Next 3Y10.96%
Revenue Next 5YN/A
EBIT growth 1Y-11.75%
EBIT growth 3Y47.27%
EBIT growth 5Y-5.63%
EBIT Next Year551.59%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-520.02%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-520.02%
OCF growth 3YN/A
OCF growth 5YN/A

PENNYMAC MORTGAGE INVESTMENT / PMT FAQ

What is the ChartMill fundamental rating of PENNYMAC MORTGAGE INVESTMENT (PMT) stock?

ChartMill assigns a fundamental rating of 3 / 10 to PMT.


Can you provide the valuation status for PENNYMAC MORTGAGE INVESTMENT?

ChartMill assigns a valuation rating of 5 / 10 to PENNYMAC MORTGAGE INVESTMENT (PMT). This can be considered as Fairly Valued.


How profitable is PENNYMAC MORTGAGE INVESTMENT (PMT) stock?

PENNYMAC MORTGAGE INVESTMENT (PMT) has a profitability rating of 2 / 10.


What is the expected EPS growth for PENNYMAC MORTGAGE INVESTMENT (PMT) stock?

The Earnings per Share (EPS) of PENNYMAC MORTGAGE INVESTMENT (PMT) is expected to grow by 67.25% in the next year.


Is the dividend of PENNYMAC MORTGAGE INVESTMENT sustainable?

The dividend rating of PENNYMAC MORTGAGE INVESTMENT (PMT) is 6 / 10 and the dividend payout ratio is 227.39%.