Figma Shares Indicated To Open $105/$110
PennyMac Mortgage Investment Trust (NYSE:PMT) (PMTU) stock has reached a 52-week low, dipping to $25.00, as investors navigate a complex economic landscape. Despite current market challenges, InvestingPro data shows the company maintains strong fundamentals with a 75.4% gross profit margin and has consistently paid dividends for 16 consecutive years. This price level reflects a notable decline from previous valuations, marking a challenging period for the real estate finance company. Over the past year, PMTU has experienced a modest decrease in its stock value, with a 1-year change showing a -0.67% adjustment. This downturn comes amidst broader market trends and reflects investor sentiment towards the mortgage investment sector as a whole. With a beta of 1.15 and current earnings per share of $1.37, three analysts have revised their earnings estimates upward for the upcoming period. Discover more valuable insights and 5 additional ProTips on InvestingPro.
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