On 2016-06-28, PennyMac Mortgage Investment Trust (NYSE:PMT) confirmed the dividend disbursement of $0.47 a share to shareholders as on record 2016-07-14. The firm will release dividend on 2016-07-28 while ex-dividend date is reported to be 2016-07-12.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, PennyMac Mortgage Investment Trust (NYSE:PMT) paid a total of $0.47 per share in dividends. This figure stood at $0.47 a share in the same period a year ago indicating a deviation of -27.7592%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $16 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $18 and $15, respectively.
Taking the mathematical rating formula, the price for PennyMac Mortgage Investment Trust (NYSE:PMT) stands at 3. Earnings Review PennyMac Mortgage Investment Trust (NYSE:PMT) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-02. For the period ending on 2016-09-30, experts are expecting EPS of $0.36.
Coming to the quarter ending on 2015-12-31, PennyMac Mortgage Investment Trust (NYSE:PMT) recorded EPS of $-0.08. The reported numbers came lower than the analysts’ estimates of $0.36, demonstrating a miss of $-0.44 as against reported figures.
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