| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 09/30/2022 | 28.1% | Piper Sandler | $18 → $15.5 | Maintains | Overweight |
| 07/01/2022 | 48.76% | B. Riley Securities | $21 → $18 | Maintains | Buy |
| 06/28/2022 | 40.5% | Piper Sandler | $18 → $17 | Maintains | Overweight |
| 05/06/2022 | 48.76% | JonesTrading | $18.5 → $18 | Maintains | Buy |
| 04/26/2022 | 48.76% | JMP Securities | $22 → $18 | Maintains | Market Outperform |
| 04/05/2022 | 52.89% | Piper Sandler | $19 → $18.5 | Maintains | Overweight |
| 01/07/2022 | 69.42% | JonesTrading | → $20.5 | Initiates Coverage On | → Buy |
| 01/07/2022 | 52.89% | BTIG | → $18.5 | Upgrades | Neutral → Buy |
| 11/09/2021 | 63.22% | Keefe, Bruyette & Woods | $21 → $19.75 | Downgrades | Outperform → Market Perform |
| 10/18/2021 | 81.82% | JMP Securities | $20.5 → $22 | Maintains | Market Outperform |
| 09/09/2021 | 90.08% | B. Riley Securities | → $23 | Initiates Coverage On | → Buy |
| 06/07/2021 | 57.02% | Barclays | $18 → $19 | Maintains | Equal-Weight |
| 05/13/2021 | 65.29% | Wells Fargo | $19 → $20 | Maintains | Equal-Weight |
| 12/18/2020 | 65.29% | Keefe, Bruyette & Woods | → $20 | Upgrades | Market Perform → Outperform |
| 11/25/2020 | 52.89% | B of A Securities | $18 → $18.5 | Maintains | Neutral |
| 11/24/2020 | — | BTIG | Initiates Coverage On | → Neutral | |
| 10/09/2020 | 40.5% | Barclays | $16 → $17 | Maintains | Equal-Weight |
| 07/06/2020 | 81.82% | Credit Suisse | $19 → $22 | Maintains | Outperform |
| 06/15/2020 | 57.02% | Credit Suisse | $16 → $19 | Maintains | Outperform |
| 05/20/2020 | 32.23% | Credit Suisse | $14 → $16 | Maintains | Outperform |
| 05/15/2020 | 3.31% | Deutsche Bank | $24.5 → $12.5 | Maintains | Buy |
| 04/28/2020 | — | B of A Securities | Downgrades | Buy → Neutral | |
| 12/02/2019 | — | Compass Point | Initiates Coverage On | → Neutral | |
| 10/11/2019 | 98.35% | Deutsche Bank | → $24 | Initiates Coverage On | → Buy |
| 09/23/2019 | 90.08% | B of A Securities | → $23 | Initiates Coverage On | → Buy |
| 05/24/2019 | 90.08% | Piper Sandler | → $23 | Initiates Coverage On | → Overweight |
| 03/27/2019 | 90.08% | Nomura | → $23 | Initiates Coverage On | → Buy |
| 02/25/2019 | 90.08% | Keefe, Bruyette & Woods | $22 → $23 | Upgrades | Market Perform → Outperform |
| 11/02/2018 | 73.55% | JMP Securities | $20 → $21 | Maintains | Market Outperform |
| 09/25/2018 | 81.82% | Credit Suisse | $20 → $22 | Maintains | Outperform |
| 09/18/2018 | 65.29% | Wells Fargo | → $20 | Reinstates | → Market Perform |
| 07/25/2018 | 48.76% | Barclays | $15 → $18 | Maintains | Equal-Weight |
PennyMac Mortgage Questions & Answers
The latest price target for PennyMac Mortgage (NYSE: PMT) was reported by Piper Sandler on September 30, 2022. The analyst firm set a price target for $15.50 expecting PMT to rise to within 12 months (a possible 28.10% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for PennyMac Mortgage (NYSE: PMT) was provided by Piper Sandler, and PennyMac Mortgage maintained their overweight rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PennyMac Mortgage, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PennyMac Mortgage was filed on September 30, 2022 so you should expect the next rating to be made available sometime around September 30, 2023.
While ratings are subjective and will change, the latest PennyMac Mortgage (PMT) rating was a maintained with a price target of $18.00 to $15.50. The current price PennyMac Mortgage (PMT) is trading at is $12.10, which is out of the analyst's predicted range.