| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 07/31/2023 | 8.28% | Credit Suisse | $15 → $14 | Maintains | Outperform |
| 07/21/2023 | 16.01% | JMP Securities | $12.5 → $15 | Maintains | Outperform |
| 05/08/2023 | 0.54% | Wells Fargo | $15 → $13 | Maintains | Equal-Weight |
| 05/02/2023 | 0.54% | Keefe, Bruyette & Woods | $12 → $13 | Maintains | Market Perform |
| 04/24/2023 | -7.19% | Keefe, Bruyette & Woods | $14 → $12 | Maintains | Market Perform |
| 04/21/2023 | -3.33% | JMP Securities | $15 → $12.5 | Maintains | Outperform |
| 02/17/2023 | — | BTIG | Downgrades | Buy → Neutral | |
| 02/07/2023 | 16.01% | Piper Sandler | $16 → $15 | Downgrades | Overweight → Neutral |
| 11/30/2022 | — | JonesTrading | Downgrades | Buy → Hold | |
| 10/25/2022 | 16.01% | B. Riley Securities | $18 → $15 | Maintains | Buy |
| 10/20/2022 | 16.01% | JMP Securities | $16 → $15 | Maintains | Market Outperform |
| 09/30/2022 | 19.88% | Piper Sandler | $18 → $15.5 | Maintains | Overweight |
| 07/01/2022 | 39.21% | B. Riley Securities | $21 → $18 | Maintains | Buy |
| 06/28/2022 | 31.48% | Piper Sandler | $18 → $17 | Maintains | Overweight |
| 05/06/2022 | 39.21% | JonesTrading | $18.5 → $18 | Maintains | Buy |
| 04/26/2022 | 39.21% | JMP Securities | $22 → $18 | Maintains | Market Outperform |
| 04/05/2022 | 43.08% | Piper Sandler | $19 → $18.5 | Maintains | Overweight |
| 01/07/2022 | 58.55% | JonesTrading | → $20.5 | Initiates Coverage On | → Buy |
| 01/07/2022 | 43.08% | BTIG | → $18.5 | Upgrades | Neutral → Buy |
| 11/09/2021 | 52.75% | Keefe, Bruyette & Woods | $21 → $19.75 | Downgrades | Outperform → Market Perform |
| 10/18/2021 | 70.15% | JMP Securities | $20.5 → $22 | Maintains | Market Outperform |
| 09/09/2021 | 77.88% | B. Riley Securities | → $23 | Initiates Coverage On | → Buy |
| 06/07/2021 | 46.95% | Barclays | $18 → $19 | Maintains | Equal-Weight |
| 05/13/2021 | 54.68% | Wells Fargo | $19 → $20 | Maintains | Equal-Weight |
| 12/18/2020 | 54.68% | Keefe, Bruyette & Woods | → $20 | Upgrades | Market Perform → Outperform |
| 11/25/2020 | 43.08% | B of A Securities | $18 → $18.5 | Maintains | Neutral |
| 11/24/2020 | — | BTIG | Initiates Coverage On | → Neutral | |
| 10/09/2020 | 31.48% | Barclays | $16 → $17 | Maintains | Equal-Weight |
| 07/06/2020 | 70.15% | Credit Suisse | $19 → $22 | Maintains | Outperform |
| 06/15/2020 | 46.95% | Credit Suisse | $16 → $19 | Maintains | Outperform |
| 05/20/2020 | 23.74% | Credit Suisse | $14 → $16 | Maintains | Outperform |
| 05/15/2020 | -3.33% | 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 | 85.61% | Deutsche Bank | → $24 | Initiates Coverage On | → Buy |
| 09/23/2019 | 77.88% | B of A Securities | → $23 | Initiates Coverage On | → Buy |
| 05/24/2019 | 77.88% | Piper Sandler | → $23 | Initiates Coverage On | → Overweight |
| 03/27/2019 | 77.88% | Nomura | → $23 | Initiates Coverage On | → Buy |
| 02/25/2019 | 77.88% | Keefe, Bruyette & Woods | $22 → $23 | Upgrades | Market Perform → Outperform |
| 11/02/2018 | 62.41% | JMP Securities | $20 → $21 | Maintains | Market Outperform |
| 09/25/2018 | 70.15% | Credit Suisse | $20 → $22 | Maintains | Outperform |
| 09/18/2018 | 54.68% | Wells Fargo | → $20 | Reinstates | → Market Perform |
What is the target price for PennyMac Mortgage (PMT)?
The latest price target for PennyMac Mortgage (NYSE: PMT) was reported by Credit Suisse on July 31, 2023. The analyst firm set a price target for $14.00 expecting PMT to rise to within 12 months (a possible 8.28% upside). 12 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for PennyMac Mortgage (PMT)?
The latest analyst rating for PennyMac Mortgage (NYSE: PMT) was provided by Credit Suisse, and PennyMac Mortgage maintained their outperform rating.
When is the next analyst rating going to be posted or updated for PennyMac Mortgage (PMT)?
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 July 31, 2023 so you should expect the next rating to be made available sometime around July 31, 2024.
Is the Analyst Rating PennyMac Mortgage (PMT) correct?
While ratings are subjective and will change, the latest PennyMac Mortgage (PMT) rating was a maintained with a price target of $15.00 to $14.00. The current price PennyMac Mortgage (PMT) is trading at is $12.93, which is out of the analyst's predicted range.