PennyMac Mortgage
PMT

PennyMac Mortgage (PMT) analyst forecast and price target

Analyst forecast

Hold

Consensus of 8 analyst ratings

Buy
1
Hold
7
Sell
0
Average price target
$10.70+48.71% vs. last price
Last $7.20
Low $9.00High $12.50

Based on 5 analyst targets

Recent analyst ratings

FirmActionRatingPrice targetDate
CitizensMaintainedMarket Outperform$12.50 from $15.00Oct 15, 2026
Piper SandlerMaintainedNeutral$9.00 from $10.00Oct 9, 2026
UBSMaintainedNeutral$10.00 from $11.25Aug 21, 2026
Deutsche BankUpgradedHold → Buy$12.00Aug 17, 2026
Wells FargoMaintainedEqual-Weight$10.00 from $12.00Jul 31, 2026
Piper SandlerMaintainedNeutral$10.00 from $11.50Jul 30, 2026
Piper SandlerMaintainedNeutral$11.50 from $13.00May 26, 2026
Keefe, Bruyette & WoodsDowngradedOutperform → Market Perform$12.00 from $13.50May 8, 2026
Wells FargoMaintainedEqual-Weight$12.00 from $13.00May 7, 2026
Piper SandlerMaintainedNeutral$13.00 from $13.50Apr 2, 2026
CitizensMaintainedMarket Outperform$15.00 from $15.50Jan 22, 2026
Keefe, Bruyette & WoodsUpgradedMarket Perform → Outperform$13.50Dec 18, 2025
UBSMaintainedNeutral$13.50 from $13.00Oct 24, 2025
Keefe, Bruyette & WoodsDowngradedOutperform → Market Perform$13.50 from $14.50Jul 25, 2025
Wells FargoMaintainedEqual-Weight$13.00 from $14.00May 2, 2025
Keefe, Bruyette & WoodsMaintainedOutperform$14.50 from $15.50Apr 24, 2025
Jones TradingMaintainedHold—Apr 24, 2025
UBSMaintainedNeutral$13.00 from $13.25Apr 16, 2025
JMP SecuritiesMaintainedMarket Outperform$15.50Jan 23, 2025
WedbushMaintainedNeutral$15.00Oct 24, 2024

Frequently asked questions

  • What is the price target for PMT stock?

    The average 12-month analyst price target for PennyMac Mortgage (PMT) is $10.70, with a high estimate of $12.50 and a low of $9.00, across 5 analysts.

  • Is PMT a buy, sell, or hold?

    Analysts covering PennyMac Mortgage currently average a Hold rating: 1 buy, 7 hold and 0 sell, from 8 analysts. Ratings reflect analyst opinion, not investment advice.

  • What upside do analysts see for PMT?

    The average price target of $10.70 implies 48.71% upside from the last price of $7.20.

  • What is the latest analyst rating on PMT?

    On Oct 15, 2026, Citizens maintained PennyMac Mortgage at Market Outperform with a price target of $12.50.

Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.