NYSE:PFSI PennyMac Financial Services Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding PennyMac Financial Services, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $45.59 +1.88 (+4.30%) (As of 07/1/2022 03:58 PM ET) Add Compare Share Today's Range$43.70▼$45.6150-Day Range$39.73▼$50.8152-Week Range$38.53▼$71.52Volume54,735 shsAverage Volume654,587 shsMarket Capitalization$2.53 billionP/E Ratio3.66Dividend Yield1.83%Price Target$75.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PFSI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PennyMac Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address PFSI Stock Forecast (MarketRank)Overall MarketRank™3.71 out of 5 starsFinance Sector12th out of 1,394 stocksMortgage Bankers & Correspondents Industry1st out of 8 stocksAnalyst Opinion: 4.4Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 3.8 5 -4 -3 -2 -1 - 4.4 Analyst's Opinion Consensus RatingPennyMac Financial Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $75.00, PennyMac Financial Services has a forecasted upside of 66.8% from its current price of $44.97.Amount of Analyst CoveragePennyMac Financial Services has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.5 Community Rank Outperform VotesPennyMac Financial Services has received 376 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPennyMac Financial Services has received 173 “underperform” votes. (Add your “underperform” vote.)Community SentimentPennyMac Financial Services has received 68.49% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about PennyMac Financial Services and other stocks. Vote “Outperform” if you believe PFSI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PFSI will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldPennyMac Financial Services pays a meaningful dividend of 1.83%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPennyMac Financial Services has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of PennyMac Financial Services is 6.42%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PennyMac Financial Services will have a dividend payout ratio of 9.48% next year. This indicates that PennyMac Financial Services will be able to sustain or increase its dividend. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PennyMac Financial Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,695,111.00 in company stock.Percentage Held by Insiders18.00% of the stock of PennyMac Financial Services is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions62.61% of the stock of PennyMac Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for PennyMac Financial Services are expected to grow by 23.57% in the coming year, from $6.83 to $8.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennyMac Financial Services is 3.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 43.15.Price to Earnings Ratio vs. SectorThe P/E ratio of PennyMac Financial Services is 3.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 52.58.Price to Book Value per Share RatioPennyMac Financial Services has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PennyMac Financial Services (NYSE:PFSI)PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. It operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. It sources first-lien residential conventional and government-insured or guaranteed mortgage loans. The Servicing segment engages in the servicing of newly originated loans, and execution and management of early buyout transactions and servicing of loans. It performs loan administration, collection, and default management activities, including the collection and remittance of loan payments, response to customer inquiries, accounting for principal and interest, holding custodial funds for the payment of property taxes and insurance premiums, counseling delinquent borrowers, and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs. The Investment Management segment is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing acquired assets. PennyMac Financial Services, Inc. was founded in 2008 and is headquartered in Westlake Village, California.Read More PFSI Stock News HeadlinesJuly 1, 2022 | americanbankingnews.comAnalyzing Guild (NYSE:GHLD) & PennyMac Financial Services (NYSE:PFSI)June 29, 2022 | americanbankingnews.comPennyMac Financial Services (NYSE:PFSI) Price Target Cut to $79.00 by Analysts at Piper SandlerJune 28, 2022 | markets.businessinsider.com6 Analysts Have This to Say About PennyMac Financial ServsJune 23, 2022 | americanbankingnews.comPennyMac Financial Services (NYSE:PFSI) Stock Price Passes Below 200-Day Moving Average of $56.36June 18, 2022 | americanbankingnews.comPennyMac Financial Services, Inc. (NYSE:PFSI) Receives $78.17 Average Price Target from BrokeragesJune 16, 2022 | stocknews.com5 Stocks to Avoid as Mortgage Demand Hits a 22-Year LowJune 15, 2022 | finance.yahoo.comMortgage rates: Homebuyers ‘have to change what their priorities are,’ housing expert saysJune 14, 2022 | nasdaq.comRelative Strength Alert For PennyMac Financial ServicesJune 10, 2022 | finance.yahoo.comReal estate CEO on housing market: 'I’m concerned for all the first-time buyers’May 13, 2022 | seekingalpha.comPennyMac Financial goes ex dividend tomorrowMay 11, 2022 | finance.yahoo.comThere's A Lot To Like About PennyMac Financial Services' (NYSE:PFSI) Upcoming US$0.20 DividendMay 9, 2022 | markets.businessinsider.comAnalyst Ratings for PennyMac Financial ServsMay 9, 2022 | finance.yahoo.comPennyMac Financial Services (NYSE:PFSI) Will Pay A Dividend Of US$0.20See More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Mortgage bankers & correspondents Sub-IndustryN/A SectorFinance Current SymbolNYSE:PFSI CUSIPN/A CIK1568669 Webwww.pennymacfinancial.com Phone(818) 224-7442FaxN/AEmployees6,900Year FoundedN/ACompany Calendar Last Earnings5/05/2022Ex-Dividend for 5/27 Dividend5/16/2022Dividend Payable5/27/2022Today7/01/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$75.00 High Stock Price Forecast$90.00 Low Stock Price Forecast$60.00 Forecasted Upside/Downside+64.5%Consensus RatingModerate Buy Rating Score (0-4)2.83333333333333 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$12.469990 Trailing P/E Ratio3.66 Forward P/E Ratio6.67 P/E GrowthN/ANet Income$1.00 billion Net Margins27.78% Pretax Margin37.76% Return on Equity25.12% Return on Assets4.53% Debt Debt-to-Equity Ratio1.63 Current Ratio0.31 Quick Ratio0.31 Sales & Book Value Annual Sales$3.17 billion Price / Sales0.80 Cash Flow$18.24 per share Price / Cash Flow2.50 Book Value$60.11 per share Price / Book0.76Miscellaneous Outstanding Shares55,423,000Free Float45,447,000Market Cap$2.53 billion OptionableOptionable Beta1.21 PennyMac Financial Services Frequently Asked Questions Should I buy or sell PennyMac Financial Services stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PennyMac Financial Services stock. View analyst ratings for PennyMac Financial Services or view top-rated stocks. What is PennyMac Financial Services' stock price forecast for 2022? 6 brokers have issued 12 month price targets for PennyMac Financial Services' shares. Their PFSI stock forecasts range from $60.00 to $90.00. On average, they predict PennyMac Financial Services' stock price to reach $75.00 in the next year. This suggests a possible upside of 64.5% from the stock's current price. View analysts' price targets for PennyMac Financial Services or view top-rated stocks among Wall Street analysts. How has PennyMac Financial Services' stock performed in 2022? PennyMac Financial Services' stock was trading at $69.78 at the start of the year. Since then, PFSI stock has decreased by 34.7% and is now trading at $45.59. View the best growth stocks for 2022 here. Are investors shorting PennyMac Financial Services? PennyMac Financial Services saw a decline in short interest in May. As of May 31st, there was short interest totaling 2,710,000 shares, a decline of 26.6% from the May 15th total of 3,690,000 shares. Based on an average daily trading volume, of 636,800 shares, the short-interest ratio is currently 4.3 days. Currently, 5.7% of the shares of the company are sold short. View PennyMac Financial Services' Short Interest. When is PennyMac Financial Services' next earnings date? PennyMac Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for PennyMac Financial Services. How were PennyMac Financial Services' earnings last quarter? PennyMac Financial Services, Inc. (NYSE:PFSI) issued its quarterly earnings results on Thursday, May, 5th. The real estate investment trust reported $2.94 earnings per share for the quarter, topping analysts' consensus estimates of $2.89 by $0.05. The real estate investment trust earned $657.50 million during the quarter, compared to analyst estimates of $622.14 million. PennyMac Financial Services had a net margin of 27.78% and a trailing twelve-month return on equity of 25.12%. PennyMac Financial Services's quarterly revenue was down 30.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $5.15 EPS. View PennyMac Financial Services' earnings history. How often does PennyMac Financial Services pay dividends? What is the dividend yield for PennyMac Financial Services? PennyMac Financial Services declared a quarterly dividend on Thursday, May 5th. Stockholders of record on Tuesday, May 17th will be paid a dividend of $0.20 per share on Friday, May 27th. This represents a $0.80 annualized dividend and a dividend yield of 1.75%. The ex-dividend date of this dividend is Monday, May 16th. View PennyMac Financial Services' dividend history. Is PennyMac Financial Services a good dividend stock? PennyMac Financial Services(NYSE:PFSI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.83%. PennyMac Financial Services has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of PennyMac Financial Services is 6.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PennyMac Financial Services will have a dividend payout ratio of 9.48% next year. This indicates that PennyMac Financial Services will be able to sustain or increase its dividend. View PennyMac Financial Services' dividend history. Who are PennyMac Financial Services' key executives? PennyMac Financial Services' management team includes the following people: Mr. David A. Spector, CEO & Chairman (Age 59, Pay $9.94M) (LinkedIn Profile)Mr. Douglas Edward Jones, Pres & Chief Mortgage Banking Officer (Age 65, Pay $5.54M)Mr. Daniel Stanley Perotti, Sr. MD & CFO (Age 41, Pay $2.88M)Mr. Vandad Fartaj, Sr. MD & Chief Investment Officer (Age 47, Pay $3.88M)Mr. Gregory L. Hendry, Chief Accounting Officer (Age 61)Mr. Lior Ofir, Sr. MD & Chief Information OfficerMr. Isaac Garden, VP of Investor RelationsMr. Derek W. Stark J.D., Sr. MD, Chief Legal Officer & Sec. (Age 54)Ms. Jenny Rhodes, MD & Chief HR OfficerMr. Steven Richard Bailey, Chief Mortgage Operations Officer & Sr. Management Director (Age 60) Who are some of PennyMac Financial Services' key competitors? Some companies that are related to PennyMac Financial Services include Guild (GHLD), Home Point Capital (HMPT), UWM (UWMC), Ocwen Financial (OCN), Finance Of America Companies (FOA), Farmhouse (FMHS), Mopals.com (PALS) and PSM HOLDINGS IN/SH (PSMH). View all of PFSI's competitors. What other stocks do shareholders of PennyMac Financial Services own? Based on aggregate information from My MarketBeat watchlists, some companies that other PennyMac Financial Services investors own include Alibaba Group (BABA), NVIDIA (NVDA), Taiwan Semiconductor Manufacturing (TSM), Advanced Micro Devices (AMD), Intel (INTC), Innovative Industrial Properties (IIPR), Verizon Communications (VZ), Fortinet (FTNT), Square (SQ) and AbbVie (ABBV). What is PennyMac Financial Services' stock symbol? PennyMac Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "PFSI." How do I buy shares of PennyMac Financial Services? Shares of PFSI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is PennyMac Financial Services' stock price today? One share of PFSI stock can currently be purchased for approximately $45.59. How much money does PennyMac Financial Services make? PennyMac Financial Services (NYSE:PFSI) has a market capitalization of $2.53 billion and generates $3.17 billion in revenue each year. The real estate investment trust earns $1.00 billion in net income (profit) each year or $12.469990 on an earnings per share basis. How many employees does PennyMac Financial Services have? PennyMac Financial Services employs 6,900 workers across the globe. How can I contact PennyMac Financial Services? PennyMac Financial Services' mailing address is 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA, 91361. The official website for PennyMac Financial Services is www.pennymacfinancial.com. The real estate investment trust can be reached via phone at (818) 224-7442 or via email at [email protected]. This page (NYSE:PFSI) was last updated on 7/1/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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