PennyMac Mortgage Investment Tr (PMT) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.35
- Estimate
- $0.30
- Surprise
- +16.7%
- Score at report (before → after)
- 5.7 → 5.5/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
PennyMac Mortgage Investment Tr (PMT) beat the $0.30 estimate with adjusted EPS of $0.35 — a large 16.7% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.7/10) to Sell at 5.5/10 after the report — the engine's score fell despite the beat.
Coverage in the report window
- PennyMac Financial Announces President Doug Jones To Retire June 30, 2027; Kevin Ryan To Succeed Daniel Perotti As CFO E — benzinga, 2026-10-29
Where TrendMatrix's rating stands now
TrendMatrix currently rates PMT Sell at 5.5/10.
2 of the last 4 quarters beat the estimate; this quarter's +16.7% surprise compares with a -10.8% four-quarter average. Next scheduled report: 2027-01-28.
What supports the rating
- Attractive valuation
- Margin of safety: 77%
What argues against it
- Concentration risk — Counterparty: PennyMac Financial Services (PFSI) management and servicing
- Sector modifier (Real Estate): -1.2
- Consecutive earnings misses (2)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $7.38
- Price target
- $9.03
- Stop
- $6.88
- Upside to target
- +22.4%
- Reward-to-risk
- 2.4:1
At 5.1× trailing and 5.4× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
PMT at TrendMatrix's latest read
REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.
- Industry
- REIT - Mortgage
- Market cap
- $643.6M
- P/E (fwd)
- 5.4
- P/E (ttm)
- 5.1
- 52-week range
- $6.70–$13.81
- Off 52-week high
- 46.6%
- RSI (14)
- 51
- Volume vs avg
- 0.96×
- Score today
- 5.5/10