# PennyMac Mortgage (PMT) — Analyst Forecast

PMT · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/pmt/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Hold | 1 | 7 | 0 | 8 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $9.00 | $10.70 | $12.50 | 5 |

Last price $7.06 (as of Oct 16, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 15, 2026 | Citizens | Maintained | Market Outperform | $12.50 |
| Oct 9, 2026 | Piper Sandler | Maintained | Neutral | $9.00 |
| Aug 21, 2026 | UBS | Maintained | Neutral | $10.00 |
| Aug 17, 2026 | Deutsche Bank | Upgraded | Hold → Buy | $12.00 |
| Jul 31, 2026 | Wells Fargo | Maintained | Equal-Weight | $10.00 |
| Jul 30, 2026 | Piper Sandler | Maintained | Neutral | $10.00 |
| May 26, 2026 | Piper Sandler | Maintained | Neutral | $11.50 |
| May 8, 2026 | Keefe, Bruyette & Woods | Downgraded | Outperform → Market Perform | $12.00 |
| May 7, 2026 | Wells Fargo | Maintained | Equal-Weight | $12.00 |
| Apr 2, 2026 | Piper Sandler | Maintained | Neutral | $13.00 |
| Jan 22, 2026 | Citizens | Maintained | Market Outperform | $15.00 |
| Dec 18, 2025 | Keefe, Bruyette & Woods | Upgraded | Market Perform → Outperform | $13.50 |
| Oct 24, 2025 | UBS | Maintained | Neutral | $13.50 |
| Jul 25, 2025 | Keefe, Bruyette & Woods | Downgraded | Outperform → Market Perform | $13.50 |
| May 2, 2025 | Wells Fargo | Maintained | Equal-Weight | $13.00 |
| Apr 24, 2025 | Keefe, Bruyette & Woods | Maintained | Outperform | $14.50 |
| Apr 24, 2025 | Jones Trading | Maintained | Hold | — |
| Apr 16, 2025 | UBS | Maintained | Neutral | $13.00 |
| Jan 23, 2025 | JMP Securities | Maintained | Market Outperform | $15.50 |
| Oct 24, 2024 | Wedbush | Maintained | Neutral | $15.00 |

## 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 51.56% upside from the last price of $7.06.

### 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.

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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.

Data provided by [AInvest](https://www.ainvest.com).