Mortgage
PennyMac Mortgage Investment Trust (NYSE:PMT) has been given a “Hold” recommendation by analysts on average.
– PennyMac Mortgage Investment Trust has received a consensus recommendation of “Hold” from five research firms
– Three investment analysts have rated the stock as hold and two have assigned a buy rating
– The average twelve-month price target among analysts is $14.58
– Director Doug Jones sold 7,810 shares of the company’s stock
– Institutional investors, including Vanguard Group Inc. and T. Rowe Price Investment Management Inc., have increased their holdings in the company
– PennyMac Mortgage Investment Trust announced a quarterly dividend of $0.40 to be paid on April 26th
– The company primarily invests in mortgage-related assets in the United States through different segments
– Insider Buying and Selling: Director Doug Jones sold 7,810 shares at an average price of $14.34
– Hedge Funds: Institutional investors have increased their stake in PennyMac Mortgage Investment Trust
– Stock Performance: PMT opened at $14.68 on Friday, with a market cap of $1.27 billion, a PE ratio of 9.12, and a beta of 1.48. Its one year low is $10.52 and high is $15.89.
Source link