QQQ   299.62 (+0.20%)
AAPL   119.05 (+2.11%)
MSFT   214.07 (-0.54%)
FB   276.97 (-0.30%)
GOOGL   1,754.40 (-1.83%)
AMZN   3,168.04 (-0.85%)
TSLA   567.60 (-3.10%)
NVDA   536.06 (+1.06%)
BABA   263.36 (-4.75%)
CGC   28.80 (-0.69%)
GE   10.18 (-2.12%)
MU   64.09 (-0.22%)
AMD   92.66 (+6.27%)
T   28.75 (-0.96%)
NIO   50.53 (-6.43%)
F   9.08 (-0.11%)
ACB   11.68 (+11.56%)
NFLX   490.70 (-0.13%)
BA   210.71 (-2.67%)
GILD   60.67 (+1.07%)
DIS   148.01 (+0.60%)
QQQ   299.62 (+0.20%)
AAPL   119.05 (+2.11%)
MSFT   214.07 (-0.54%)
FB   276.97 (-0.30%)
GOOGL   1,754.40 (-1.83%)
AMZN   3,168.04 (-0.85%)
TSLA   567.60 (-3.10%)
NVDA   536.06 (+1.06%)
BABA   263.36 (-4.75%)
CGC   28.80 (-0.69%)
GE   10.18 (-2.12%)
MU   64.09 (-0.22%)
AMD   92.66 (+6.27%)
T   28.75 (-0.96%)
NIO   50.53 (-6.43%)
F   9.08 (-0.11%)
ACB   11.68 (+11.56%)
NFLX   490.70 (-0.13%)
BA   210.71 (-2.67%)
GILD   60.67 (+1.07%)
DIS   148.01 (+0.60%)
QQQ   299.62 (+0.20%)
AAPL   119.05 (+2.11%)
MSFT   214.07 (-0.54%)
FB   276.97 (-0.30%)
GOOGL   1,754.40 (-1.83%)
AMZN   3,168.04 (-0.85%)
TSLA   567.60 (-3.10%)
NVDA   536.06 (+1.06%)
BABA   263.36 (-4.75%)
CGC   28.80 (-0.69%)
GE   10.18 (-2.12%)
MU   64.09 (-0.22%)
AMD   92.66 (+6.27%)
T   28.75 (-0.96%)
NIO   50.53 (-6.43%)
F   9.08 (-0.11%)
ACB   11.68 (+11.56%)
NFLX   490.70 (-0.13%)
BA   210.71 (-2.67%)
GILD   60.67 (+1.07%)
DIS   148.01 (+0.60%)
QQQ   299.62 (+0.20%)
AAPL   119.05 (+2.11%)
MSFT   214.07 (-0.54%)
FB   276.97 (-0.30%)
GOOGL   1,754.40 (-1.83%)
AMZN   3,168.04 (-0.85%)
TSLA   567.60 (-3.10%)
NVDA   536.06 (+1.06%)
BABA   263.36 (-4.75%)
CGC   28.80 (-0.69%)
GE   10.18 (-2.12%)
MU   64.09 (-0.22%)
AMD   92.66 (+6.27%)
T   28.75 (-0.96%)
NIO   50.53 (-6.43%)
F   9.08 (-0.11%)
ACB   11.68 (+11.56%)
NFLX   490.70 (-0.13%)
BA   210.71 (-2.67%)
GILD   60.67 (+1.07%)
DIS   148.01 (+0.60%)
Log in
NYSE:PFSI

PennyMac Financial Services Stock Forecast, Price & News

$57.64
+0.18 (+0.31 %)
(As of 11/30/2020 12:00 AM ET)
Add
Compare
Today's Range
$56.98
Now: $57.64
$59.29
50-Day Range
$50.82
MA: $57.43
$66.80
52-Week Range
$13.14
Now: $57.64
$67.77
Volume1.07 million shs
Average Volume839,445 shs
Market Capitalization$4.18 billion
P/E Ratio5.01
Dividend Yield1.04%
Beta1.14
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: Loan Production, Loan Servicing, and Investment Management. The Loan Production segment is involved in the origination, acquisition, and sale of mortgage loans. This segment originates first-lien residential conventional, government-insured or guaranteed mortgage loans, and home equity loans. The Loan Servicing segment engages in the servicing of newly originated mortgage 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. This segment also services conventional and government-insured or guaranteed mortgage loans, and home equity loans; and distressed mortgage loans that have been acquired as investments by its advised entities. 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.
PennyMac Financial Services logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.79 out of 5 stars


Industry, Sector and Symbol

Industry Mortgage bankers & correspondents
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone818-224-7442
Employees6,019

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.48 billion
Cash Flow$11.50 per share
Book Value$26.26 per share

Profitability

Net Income$392.96 million

Miscellaneous

Market Cap$4.18 billion
Next Earnings Date2/4/2021 (Estimated)
OptionableOptionable
$57.64
+0.18 (+0.31 %)
(As of 11/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive PFSI News and Ratings via Email

Sign-up to receive the latest news and ratings for PFSI and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











PennyMac Financial Services (NYSE:PFSI) Frequently Asked Questions

How has PennyMac Financial Services' stock been impacted by COVID-19 (Coronavirus)?

PennyMac Financial Services' stock was trading at $34.68 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PFSI shares have increased by 66.2% and is now trading at $57.64.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of PennyMac Financial Services?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for PennyMac Financial Services
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than PennyMac Financial Services?

Wall Street analysts have given PennyMac Financial Services a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PennyMac Financial Services wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is PennyMac Financial Services' next earnings date?

PennyMac Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for PennyMac Financial Services
.

How were PennyMac Financial Services' earnings last quarter?

PennyMac Financial Services, Inc. (NYSE:PFSI) issued its earnings results on Thursday, November, 5th. The real estate investment trust reported $7.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.92 by $1.11. The real estate investment trust earned $855.30 million during the quarter, compared to analysts' expectations of $928.98 million. PennyMac Financial Services had a net margin of 37.77% and a return on equity of 42.33%. The firm's revenue for the quarter was up 262.9% on a year-over-year basis.
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 announced a quarterly dividend on Thursday, November 5th. Stockholders of record on Monday, November 16th will be paid a dividend of $0.15 per share on Wednesday, November 25th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Friday, November 13th.
View PennyMac Financial Services' dividend history
.

What price target have analysts set for PFSI?

7 equities research analysts have issued twelve-month price objectives for PennyMac Financial Services' stock. Their forecasts range from $40.00 to $90.00. On average, they expect PennyMac Financial Services' stock price to reach $68.29 in the next year. This suggests a possible upside of 18.5% from the stock's current price.
View analysts' price targets for PennyMac Financial Services
.

Are investors shorting PennyMac Financial Services?

PennyMac Financial Services saw a drop in short interest in October. As of October 30th, there was short interest totaling 2,580,000 shares, a drop of 22.5% from the October 15th total of 3,330,000 shares. Based on an average daily trading volume, of 765,400 shares, the days-to-cover ratio is currently 3.4 days. Approximately 4.5% of the company's stock are sold short.
View PennyMac Financial Services' Short Interest
.

Who are some of PennyMac Financial Services' key competitors?

Some companies that are related to PennyMac Financial Services include Rocket Companies (RKT), Ocwen Financial (OCN), Farmhouse (FMHS), Mopals.com (PALS) and PSM HOLDINGS IN/SH (PSMH).
View all 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).

Who are PennyMac Financial Services' key executives?

PennyMac Financial Services' management team includes the following people:
  • Mr. Stanford Lee Kurland, Non-Exec. Chairman (Age 68, Pay $11.17M)
  • Mr. David A. Spector, Pres, CEO & Director (Age 57, Pay $8.12M)
  • Mr. Andrew S. Chang, Sr. MD & CFO (Age 43, Pay $3.31M)
  • Mr. Vandad Fartaj, Sr. MD & Chief Investment Officer (Age 45, Pay $3.39M)
  • Mr. Douglas Jones, Sr. MD & Chief Mortgage Banking Officer (Age 63, Pay $5.16M)
  • Mr. Jeffrey P. Grogin, Sr. MD & Chief Enterprise Operations Officer (Age 60)
  • Mr. Gregory L. Hendry, Chief Accounting Officer (Age 59)
  • Mr. Lior Ofir, Sr. MD & Chief Information Officer
  • Mr. Isaac Garden, VP of Investor Relations
  • Mr. Derek W. Stark J.D., Sr. MD, Chief Legal Officer & Sec.

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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.01%), State Street Corp (1.79%), Clough Capital Partners L P (1.79%), Boston Partners (0.62%), Soros Fund Management LLC (0.56%) and Morgan Stanley (0.50%). Company insiders that own PennyMac Financial Services stock include Andrew S Chang, Anne Mccallion, David M Walker, David Spector, Doug Jones, Farhad Nanji, Jeffrey Grogin, Joseph F Mazzella, Matthew Botein, Patrick Kinsella and Stanford L Kurland.
View institutional ownership trends for PennyMac Financial Services
.

Which institutional investors are selling PennyMac Financial Services stock?

PFSI stock was sold by a variety of institutional investors in the last quarter, including Philadelphia Financial Management of San Francisco LLC, Assenagon Asset Management S.A., Acadian Asset Management LLC, Clough Capital Partners L P, Denali Advisors LLC, Professional Planning, BlackRock Inc., and Hennessy Advisors Inc.. Company insiders that have sold PennyMac Financial Services company stock in the last year include Anne Mccallion, David M Walker, David Spector, Doug Jones, Farhad Nanji, Jeffrey Grogin, Joseph F Mazzella, Matthew Botein, Patrick Kinsella, and Stanford L Kurland.
View insider buying and selling activity for PennyMac Financial Services
.

Which institutional investors are buying PennyMac Financial Services stock?

PFSI stock was acquired by a variety of institutional investors in the last quarter, including AJO LP, State Street Corp, Boston Partners, Morgan Stanley, Wells Fargo & Company MN, Arrowstreet Capital Limited Partnership, AXA S.A., and Allianz Asset Management GmbH. Company insiders that have bought PennyMac Financial Services stock in the last two years include Andrew S Chang, and Patrick Kinsella.
View insider buying and selling activity for PennyMac Financial Services
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is PennyMac Financial Services' stock price today?

One share of PFSI stock can currently be purchased for approximately $57.64.

How big of a company is PennyMac Financial Services?

PennyMac Financial Services has a market capitalization of $4.18 billion and generates $1.48 billion in revenue each year. The real estate investment trust earns $392.96 million in net income (profit) each year or $4.89 on an earnings per share basis. PennyMac Financial Services employs 6,019 workers across the globe.

What is PennyMac Financial Services' official website?

The official website for PennyMac Financial Services is www.pennymacfinancial.com.

How can I contact PennyMac Financial Services?

PennyMac Financial Services' mailing address is 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA, 91361. The real estate investment trust can be reached via phone at 818-224-7442 or via email at [email protected]

This page was last updated on 11/30/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.