NYSE:PFSI PennyMac Financial Services (PFSI) Stock Forecast, Price & News $61.05 +0.12 (+0.20%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$60.37▼$61.7550-Day Range$55.82▼$65.9252-Week Range$38.53▼$73.79Volume343,402 shsAverage Volume340,353 shsMarket Capitalization$3.05 billionP/E Ratio10.14Dividend Yield1.31%Price Target$75.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability PennyMac Financial Services MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside23.4% Upside$75.33 Price TargetShort InterestBearish6.72% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.38Upright™ Environmental ScoreNews Sentiment0.43Based on 5 Articles This WeekInsider TradingSelling Shares$6.66 M Sold Last QuarterProj. Earnings Growth76.61%From $5.43 to $9.59 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.57 out of 5 starsFinance Sector392nd out of 901 stocksMortgage Bankers & Correspondents Industry1st out of 6 stocks 2.3 Analyst's Opinion Consensus RatingPennyMac Financial Services has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $75.33, PennyMac Financial Services has a forecasted upside of 23.4% from its current price of $61.05.Amount of Analyst CoveragePennyMac Financial Services has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.72% of the float of PennyMac Financial Services has been sold short.Short Interest Ratio / Days to CoverPennyMac Financial Services has a short interest ratio ("days to cover") of 7.4.Change versus previous monthShort interest in PennyMac Financial Services has recently increased by 9.09%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldPennyMac Financial Services pays a meaningful dividend of 1.32%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPennyMac Financial Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PennyMac Financial Services is 13.29%. 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 8.34% next year. This indicates that PennyMac Financial Services will be able to sustain or increase its dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePennyMac Financial Services has received a 20.89% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", and "Mortgages provided by online banks" products. See details.Environmental SustainabilityThe Environmental Impact score for PennyMac Financial Services is -1.38. Previous Next 1.9 News and Social Media Coverage News SentimentPennyMac Financial Services has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for PennyMac Financial Services this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for PFSI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added PennyMac Financial Services to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. 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 $6,660,642.00 in company stock.Percentage Held by Insiders17.40% 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 Institutions67.03% 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 76.61% in the coming year, from $5.43 to $9.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennyMac Financial Services is 10.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.56.Price to Earnings Ratio vs. SectorThe P/E ratio of PennyMac Financial Services is 10.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 163.88.Price to Book Value per Share RatioPennyMac Financial Services has a P/B Ratio of 0.88. 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) StockPennyMac Financial Services, Inc. operates as a holding company, which engages in the production and servicing of U.S. residential mortgage loans. It operates through the following segments: Production, Servicing, and Investment Management. The Production segment includes mortgage loan origination, acquisition, and sale activities. The Servicing segment offers servicing of originated mortgage loans and execution and management of early buyout transactions. The Investment Management segment is involved in sourcing, performing diligence, bidding and closing investment asset acquisitions, managing correspondent production activities and managing the acquired assets. The company was founded by Stanford L. Kurland on July 2, 2008 and is headquartered in Westlake Village, CA.Read More 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 News HeadlinesMay 21, 2023 | americanbankingnews.comPennyMac Financial Services, Inc. (NYSE:PFSI) CEO David Spector Sells 15,000 SharesMay 11, 2023 | americanbankingnews.comAnalysts Set PennyMac Financial Services, Inc. (NYSE:PFSI) PT at $73.00June 1, 2023 | Vantage Point (Ad)Instantly Find Hidden Trade OpportunitiesThere’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 10, 2023 | americanbankingnews.comPennyMac Financial Services (NYSE:PFSI) Downgraded by StockNews.com to SellMay 7, 2023 | finance.yahoo.comBearish Bets: 3 Stocks You Seriously Should Think About Shorting This WeekMay 3, 2023 | americanbankingnews.comStockNews.com Upgrades PennyMac Financial Services (NYSE:PFSI) to "Hold"May 2, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for PennyMac Financial Services, Inc. (NYSE:PFSI) Lowered by WedbushMay 1, 2023 | seekingalpha.comPennyMac Financial Services, Inc. 2023 Q1 - Results - Earnings Call PresentationJune 1, 2023 | Vantage Point (Ad)Instantly Find Hidden Trade OpportunitiesThere’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 1, 2023 | americanbankingnews.comPiper Sandler Trims PennyMac Financial Services (NYSE:PFSI) Target Price to $82.00April 30, 2023 | americanbankingnews.comPennyMac Financial Services (NYSE:PFSI) Shares Gap Down on Disappointing EarningsApril 28, 2023 | msn.comPennyMac Financial Services (PFSI) Declares $0.20 DividendApril 28, 2023 | markets.businessinsider.comPiper Sandler Keeps Their Buy Rating on PennyMac Financial (PFSI)April 27, 2023 | finance.yahoo.comPennyMac Financial Services, Inc. Reports First Quarter 2023 ResultsApril 25, 2023 | americanbankingnews.comPennyMac Financial Services (PFSI) Scheduled to Post Quarterly Earnings on ThursdayApril 24, 2023 | americanbankingnews.comPennyMac Financial Services (NYSE:PFSI) Lowered to "Sell" at StockNews.comApril 20, 2023 | technews.tmcnet.comPennyMac Mortgage Investment Trust Announces Changes to Its Board of TrusteesApril 20, 2023 | finance.yahoo.comPennyMac Mortgage Investment Trust Announces Date for Release of First Quarter 2023 ResultsApril 20, 2023 | finance.yahoo.comPennyMac Financial Services, Inc. Announces Date for Release of First Quarter 2023 ResultsApril 16, 2023 | americanbankingnews.comPennyMac Financial Services, Inc. (NYSE:PFSI) Given Average Rating of "Hold" by AnalystsApril 16, 2023 | americanbankingnews.comAnalysts Set PennyMac Financial Services, Inc. (NYSE:PFSI) Price Target at $70.40April 10, 2023 | msn.comUnusual Call Option Trade in PennyMac Financial Services (PFSI) Worth $246.00KApril 8, 2023 | americanbankingnews.comPennyMac Financial Services, Inc. (NYSE:PFSI) CEO Sells $895,650.00 in StockApril 5, 2023 | finance.yahoo.comPennymac Announces the Second Annual Stanford L. Kurland Memorial Golf Classic to Benefit the Neuro-Oncology Program at UCLA HealthApril 5, 2023 | americanbankingnews.comGregory L. Hendry Sells 2,018 Shares of PennyMac Financial Services, Inc. (NYSE:PFSI) StockApril 4, 2023 | finance.yahoo.comPennyMac Financial Services' (NYSE:PFSI) 47% CAGR outpaced the company's earnings growth over the same three-year periodMarch 14, 2023 | markets.businessinsider.comBTIG Keeps Their Buy Rating on PennyMac Financial (PFSI)See More Headlines 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 Company Calendar Last Earnings4/27/2023Ex-Dividend for 5/26 Dividend5/15/2023Dividend Payable5/26/2023Today5/31/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, 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/AEmployees4,000Year Founded2008Price Target and Rating Average Stock Price Forecast$75.33 High Stock Price Forecast$82.00 Low Stock Price Forecast$69.00 Forecasted Upside/Downside+23.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$6.02 Trailing P/E Ratio10.14 Forward P/E Ratio11.24 P/E GrowthN/ANet Income$475.51 million Net Margins20.37% Pretax Margin28.75% Return on Equity9.86% Return on Assets2.02% Debt Debt-to-Equity Ratio2.34 Current Ratio0.53 Quick Ratio0.53 Sales & Book Value Annual Sales$1.99 billion Price / Sales1.53 Cash Flow$11.20 per share Price / Cash Flow5.45 Book Value$69.15 per share Price / Book0.88Miscellaneous Outstanding Shares49,920,000Free Float41,238,000Market Cap$3.05 billion OptionableOptionable Beta1.47 Social Links Key ExecutivesDavid A. SpectorChairman & Chief Executive OfficerDoug JonesPresident, Director & Chief Mortgage BankingDaniel Stanley PerottiChief Financial Officer & Senior Managing DirectorLior OfirChief Information Officer & Senior MDSteven Richard BaileySenior Managing Director & Chief Servicing OfficerKey CompetitorsCousins PropertiesNYSE:CUZLXP Industrial TrustNYSE:LXPEPR PropertiesNYSE:EPRLufaxNYSE:LUAssured GuarantyNYSE:AGOView All CompetitorsInsiders & InstitutionsBrandywine Global Investment Management LLCBought 50,791 shares on 5/25/2023Ownership: 0.262%Doug JonesSold 19,820 sharesTotal: $1.24 M ($62.39/share)Putnam Investments LLCSold 10,588 shares on 5/22/2023Ownership: 0.049%JPMorgan Chase & Co.Bought 548,677 shares on 5/18/2023Ownership: 0.565%New York State Common Retirement FundSold 27,804 shares on 5/18/2023Ownership: 0.037%View All Insider TransactionsView All Institutional Transactions PFSI Stock - Frequently Asked Questions Should I buy or sell PennyMac Financial Services stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PFSI shares. View PFSI analyst ratings or view top-rated stocks. What is PennyMac Financial Services' stock price forecast for 2023? 4 equities research analysts have issued 12 month price targets for PennyMac Financial Services' shares. Their PFSI share price forecasts range from $69.00 to $82.00. On average, they expect the company's share price to reach $75.33 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price. View analysts price targets for PFSI or view top-rated stocks among Wall Street analysts. How have PFSI shares performed in 2023? PennyMac Financial Services' stock was trading at $56.66 at the beginning of 2023. Since then, PFSI stock has increased by 7.7% and is now trading at $61.05. View the best growth stocks for 2023 here. When is PennyMac Financial Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our PFSI earnings forecast. How were PennyMac Financial Services' earnings last quarter? PennyMac Financial Services, Inc. (NYSE:PFSI) released its quarterly earnings results on Thursday, April, 27th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by $0.63. The real estate investment trust earned $302.90 million during the quarter, compared to analyst estimates of $354.08 million. PennyMac Financial Services had a net margin of 20.37% and a trailing twelve-month return on equity of 9.86%. PennyMac Financial Services's revenue was down 53.9% on a year-over-year basis. During the same quarter last year, the company posted $2.94 EPS. How often does PennyMac Financial Services pay dividends? What is the dividend yield for PennyMac Financial Services? PennyMac Financial Services announced a quarterly dividend on Thursday, April 27th. Shareholders of record on Tuesday, May 16th will be paid a dividend of $0.20 per share on Friday, May 26th. This represents a $0.80 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Monday, May 15th. Read our dividend analysis for PFSI. What ETFs hold PennyMac Financial Services' stock? ETFs with the largest weight of PennyMac Financial Services (NYSE:PFSI) stock in their portfolio include SPDR S&P Bank ETF (KBE), First Trust Small Cap Value AlphaDEX Fund (FYT), Dimensional US Small Cap Value ETF (DFSV), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Vanguard U.S. Quality Factor ETF (VFQY), Principal U.S. Small-Cap Multi-Factor ETF (PSC), Nuveen ESG Small-Cap ETF (NUSC) and First Trust Small Cap Core AlphaDEX Fund (FYX). 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 1.32%. The dividend payout ratio is 13.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFSI will have a dividend payout ratio of 8.34% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PFSI. 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), Block (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." Who are PennyMac Financial Services' major shareholders? PennyMac Financial Services' stock is owned by a number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (4.85%), BlackRock Inc. (4.12%), State Street Corp (1.83%), Envestnet Asset Management Inc. (1.60%), Epoch Investment Partners Inc. (1.46%) and Basswood Capital Management L.L.C. (1.07%). Insiders that own company stock include Anne Mccallion, Daniel Stanley Perotti, David M Walker, David Spector, Derek Stark, Donald J White, Doug Jones, Emily Ann Youssouf, Farhad Nanji, Gregory L Hendry, James K Hunt, Jeffrey Grogin, Joseph F Mazzella, Kurland Family Investments, Ll, Matthew Botein, Mfn Partners, Lp, Patrick Kinsella, Stanford L Kurland, Steven Richard Bailey, Stuart J Rowley and Vandad Fartaj. View institutional ownership trends. How do I buy shares of PennyMac Financial Services? Shares of PFSI stock 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 $61.05. How much money does PennyMac Financial Services make? PennyMac Financial Services (NYSE:PFSI) has a market capitalization of $3.05 billion and generates $1.99 billion in revenue each year. The real estate investment trust earns $475.51 million in net income (profit) each year or $6.02 on an earnings per share basis. How many employees does PennyMac Financial Services have? The company employs 4,000 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 the company is www.pennymacfinancial.com. The real estate investment trust can be reached via phone at (818) 224-7442 or via email at pfsi_ir@pnmac.com. This page (NYSE:PFSI) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. Get 30 Days of MarketBeat All Access Free 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. 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