# PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest (PMT) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $9.64, market value $839 million.

## Valuation
- **P/E (trailing): 6.7×** (5-yr avg 15.9×, 3-yr avg 8.7×). PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest trades at 6.7× trailing earnings, well below its own five-year average of 15.9×: cheap by its own standards. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 7.0×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **Price / book: 0.6×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Earnings yield: 14.9%**. The inverse of the P/E: 14.9% of the price is earned each year.

## Profitability
- **Net margin: 41.6%**. 41.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 6.8%**. 6.8% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 0.8%**. Each dollar of assets produces 0.8% of profit.

## Growth
- **Revenue growth (1 yr): -8.0%** (3-yr 0.4%/yr, 5-yr -8.1%/yr). Revenue fell 8.0% over the last year, against -8.1% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -27.7%** (5-yr 29.7%/yr). Earnings per share fell 27.7%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.58**. Debt is 0.58 times equity, moderate leverage.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 16.60%** ($1.60 per share, trailing). PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest yields 16.60%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 109%**. The dividend exceeds earnings (109% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 1.0%/yr** (1-yr 0.0%). The dividend has grown 1.0% a year over five years.

## Price and momentum
- **Total return (1 yr): -12.0%** (YTD -17.4%, 3-mo -1.5%). The shares are down 12.0% over twelve months including dividends.
- **From 52-week high: -30.2%** (6.5% above the low). Trading 30% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): 0.52** (volatility 28%). Beta of 0.52 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PMT · Page: https://foliofundamentals.com/stocks/pmt

Not investment advice.