What is PMT's dilution risk score?

PMT has a latest available DilutionScore record of 61/100, categorized as high dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for PMT, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for PMT?

DilutionWatch tracks 25 SEC filing types for PMT including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect PMT shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For PMT, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for PMT tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for PMT. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

PMT Dilution Risk Score: 61/100 (HIGH)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

⛈️

Warning

High probability of dilution event

model est. 48%

🔁 Convertible Conversion model 60%

• Major convertible overhang: 70% potential dilution

• Convertible risk score very high (85/100)

💰 Capital Raise model 55%

• Critical: only 0.6 months cash remaining

📉 Score Deterioration model 10%

• Score in HIGH risk zone (61/100)

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Market Data

Market Cap$614.78M

Shares Outstanding87.20M

Float72.36M

Cash$255.46M

Debt$8.57B

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	61/100	DilutionWatch score record
Shares Outstanding	87.20M	Verified float table or market cache
Public Float	72.36M	Verified float table or market cache
Market Cap	$614.78M	Market data cache
Cash Runway	0.6 months	DilutionWatch score inputs
Shelf Capacity	None in current score inputs	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	None in current score inputs	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 3.

Recent SEC source mix: FORM 4 2, XBRL 1.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 7.2% shares (2026Q1 vs prior)

223 institutional holders · 69.03M shares

#1 BlackRock, Inc. 13.86M shares

#2 VANGUARD CAPITAL MANAGEMENT LLC 7.62M shares

#3 T. Rowe Price Investment Management, Inc. 5.42M shares

+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest11.41M

Days to Cover5.2

% of Float15.8%

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL CONVERTIBLE 2026-02-18

Form 4 INSIDER TRANSACTION 2026-09-01

Form 4 INSIDER TRANSACTION 2026-08-03

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual PMT Dilution Snapshot

PennyMac Mortgage Investment Trust (PMT) has a DilutionScore of 61/100, rated High dilution risk. Score date: October 13, 2026.

Recent SEC activity tracked for PMT: Form 4 on 2026-09-01; Form 4 on 2026-08-03; xbrl on 2026-02-18.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

PMT's DilutionScore is currently 61/100 (High risk), with 3 score changes tracked over 89 days. The score improved from 60/100 (High risk).

Period	Score	Risk Level	Duration
Sep 16 – Oct 13, 2026	61/100	HIGH	28 days
Aug 22 – Sep 15, 2026	60/100	HIGH	25 days
Aug 14 – Aug 21, 2026	52/100	HIGH	7 days
Jul 16 – Aug 13, 2026	60/100	HIGH	29 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

PMT shares outstanding have increased 0.2% from 87.02M (Mar 2026) to 87.20M (May 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
May 18, 2026	87.20M	72.36M	▲ 0.40%
May 07, 2026	87.20M	72.07M	▲ 0.21%
May 01, 2026	87.20M	71.92M	▲ 0.04%
Apr 26, 2026	87.20M	71.89M	▲ 0.07%
Mar 28, 2026	87.02M	71.84M	▼ 0.01%
Mar 27, 2026	87.02M	71.85M	▲ 0.04%
Mar 23, 2026	87.02M	71.82M	▼ 0.04%
Mar 17, 2026	87.02M	71.84M	▼ 0.01%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

Track PMT Dilution Risk in Real-Time

DilutionWatch monitors SEC filings 24/7 and alerts you the moment PMT files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

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