NYSE:PFSI PennyMac Financial Services (PFSI) Stock Forecast, Price & News $66.60 +0.15 (+0.23%) (As of 09/29/2023 06:40 PM ET) Add Compare Share Share Today's Range$66.47▼$67.7050-Day Range$65.74▼$81.7152-Week Range$41.76▼$82.92Volume163,900 shsAverage Volume335,936 shsMarket Capitalization$3.32 billionP/E Ratio13.73Dividend Yield1.20%Price Target$83.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability PennyMac Financial Services MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside24.6% Upside$83.00 Price TargetShort InterestHealthy4.80% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.38Upright™ Environmental ScoreNews Sentiment0.67Based on 4 Articles This WeekInsider TradingSelling Shares$3.89 M Sold Last QuarterProj. Earnings Growth82.06%From $4.96 to $9.03 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.2.73 out of 5 starsFinance Sector189th out of 871 stocksMortgage Bankers & Correspondents Industry1st out of 5 stocks 2.3 Analyst's Opinion Consensus RatingPennyMac Financial Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $83.00, PennyMac Financial Services has a forecasted upside of 24.6% from its current price of $66.60.Amount of Analyst CoveragePennyMac Financial Services has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.80% 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 8.3.Change versus previous monthShort interest in PennyMac Financial Services has recently decreased by 2.65%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldPennyMac Financial Services pays a meaningful dividend of 1.20%, 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 16.49%. 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 8.86% 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 2.0 News and Social Media Coverage News SentimentPennyMac Financial Services has a news sentiment score of 0.67. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for PennyMac Financial Services this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 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 2.5 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 $3,892,462.00 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 Institutions59.12% 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 82.06% in the coming year, from $4.96 to $9.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennyMac Financial Services is 13.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.66.Price to Earnings Ratio vs. SectorThe P/E ratio of PennyMac Financial Services is 13.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.90.Price to Book Value per Share RatioPennyMac Financial Services has a P/B Ratio of 0.96. 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., 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PFSI Stock News HeadlinesSeptember 29, 2023 | americanbankingnews.comPennyMac Financial Services (NYSE:PFSI) Lifted to Hold at StockNews.comSeptember 27, 2023 | stockhouse.comPennymac Earns Coveted Spot on Newsweek's 2023 List of Top 100 Most Loved Workplaces®October 2, 2023 | Edge On The Street (Ad)Gold Could Be Heading for Record Highs - But How to Play It?According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold. September 27, 2023 | finance.yahoo.comPennymac Earns Coveted Spot on Newsweek’s 2023 List of Top 100 Most Loved Workplaces®September 24, 2023 | americanbankingnews.comInsider Selling: PennyMac Financial Services, Inc. (NYSE:PFSI) CEO Sells $1,038,450.00 in StockSeptember 23, 2023 | americanbankingnews.comPennyMac Financial Services (NYSE:PFSI) Rating Lowered to Sell at StockNews.comSeptember 22, 2023 | msn.comPennyMac Financial Services CEO sells $1.04M in common stockSeptember 18, 2023 | finance.yahoo.comPennyMac Mortgage Investment Trust Announces Public Offering of Senior NotesOctober 2, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.September 11, 2023 | finance.yahoo.comThe total return for PennyMac Financial Services (NYSE:PFSI) investors has risen faster than earnings growth over the last five yearsSeptember 5, 2023 | benzinga.comPennyMac Mortgage Investment Trust to Present at the 2023 Barclays Global Financial Services ConferenceSeptember 5, 2023 | finance.yahoo.comPennyMac Financial Services, Inc. to Present at the 2023 Barclays Global Financial Services ConferenceAugust 2, 2023 | msn.comPennyMac Financial Services (PFSI) Price Target Increased by 17.50% to 88.89July 30, 2023 | finance.yahoo.comPennyMac Financial Services, Inc. (NYSE:PFSI) Analysts Just Slashed This Year's EstimatesJuly 29, 2023 | msn.comWedbush Maintains PennyMac Financial Services (PFSI) Outperform RecommendationJuly 28, 2023 | msn.comPennyMac Financial (PFSI) Q2 Earnings Meet EstimatesJuly 28, 2023 | stockhouse.comPennyMac Financial Services, Inc. Reports Second Quarter 2023 ResultsJuly 27, 2023 | seekingalpha.comPennyMac Financial Services, Inc. 2023 Q2 - Results - Earnings Call PresentationJuly 26, 2023 | benzinga.comA Preview Of PennyMac Financial Servs's EarningsJuly 17, 2023 | msn.comJefferies Initiates Coverage of PennyMac Financial Services (PFSI) with Buy RecommendationJuly 17, 2023 | finance.yahoo.comWill PennyMac Financial's Uptrend Continue?July 17, 2023 | markets.businessinsider.comJefferies Initiates a Buy Rating on PennyMac Financial (PFSI)July 13, 2023 | finance.yahoo.comPennyMac Financial Services, Inc. Announces Date for Release of Second Quarter 2023 ResultsJuly 4, 2023 | finance.yahoo.comPFSI - PennyMac Financial Services, Inc.June 22, 2023 | finance.yahoo.comPennyMac Financial Services Reaches Key Resistance Point AgainJune 9, 2023 | finance.yahoo.comPennyMac Mortgage Investment Trust Declares Second Quarter 2023 Dividend for Its Common SharesMay 7, 2023 | finance.yahoo.comBearish Bets: 3 Stocks You Seriously Should Think About Shorting This WeekSee More Headlines 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 Earnings7/27/2023Ex-Dividend for 8/25 Dividend8/14/2023Dividend Payable8/25/2023Today10/02/2023Next Earnings (Estimated)10/26/2023Fiscal 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$83.00 High Stock Price Forecast$95.00 Low Stock Price Forecast$69.00 Forecasted Upside/Downside+24.6%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$4.85 Trailing P/E Ratio13.73 Forward P/E Ratio13.43 P/E GrowthN/ANet Income$475.51 million Net Margins17.95% Pretax Margin25.02% Return on Equity7.80% Return on Assets1.52% Debt Debt-to-Equity Ratio1.74 Current Ratio0.53 Quick Ratio0.53 Sales & Book Value Annual Sales$1.99 billion Price / Sales1.67 Cash Flow$11.08 per share Price / Cash Flow6.01 Book Value$69.44 per share Price / Book0.96Miscellaneous Outstanding Shares49,870,000Free Float41,196,000Market Cap$3.32 billion OptionableOptionable Beta1.50 Social Links The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. David A. Spector (Age 60)CEO & Chairman Comp: $5.08MMr. Douglas Edward Jones (Age 66)Pres, Chief Mortgage Banking Officer & Director Comp: $3.42MMr. Daniel Stanley Perotti (Age 42)Sr. MD & CFO Comp: $1.83MMr. James Follette (Age 50)Sr. MD & Chief Mortgage Operations Officer Comp: $1.36MMr. Gregory L. Hendry (Age 62)Chief Accounting Officer Mr. Lior OfirSr. MD & Chief Information OfficerMr. Kevin ChamberlainExec. VP of Investor RelationsMr. Derek W. Stark J.D. (Age 55)Sr. MD, Chief Legal Officer & Sec. Ms. Susan Hallock SmithSr. MD & Chief Marketing OfficerMs. Jenny RhodesSr. MD & Chief HR OfficerMore ExecutivesKey CompetitorsGlacier BancorpNASDAQ:GBCITFS FinancialNASDAQ:TFSLMain Street CapitalNYSE:MAINSt. JoeNYSE:JOENelnetNYSE:NNIView All CompetitorsInsiders & InstitutionsDavid SpectorSold 15,000 sharesTotal: $1.04 M ($69.23/share)Bluefin Capital Management LLCBought 40,000 shares on 9/11/2023Ownership: 0.000%Wolverine Trading LLCBought 31,800 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemSold 1,444 shares on 8/21/2023Ownership: 0.092%Daniel Stanley PerottiSold 7,600 sharesTotal: $550,012.00 ($72.37/share)View All Insider TransactionsView All Institutional Transactions PFSI Stock - 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 twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PFSI shares. View PFSI analyst ratings or view top-rated stocks. What is PennyMac Financial Services' stock price forecast for 2023? 6 Wall Street research analysts have issued 12 month price objectives for PennyMac Financial Services' shares. Their PFSI share price forecasts range from $69.00 to $95.00. On average, they expect the company's share price to reach $83.00 in the next year. This suggests a possible upside of 24.6% 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 start of the year. Since then, PFSI shares have increased by 17.5% and is now trading at $66.60. 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 Thursday, October 26th 2023. View our PFSI earnings forecast. How were PennyMac Financial Services' earnings last quarter? PennyMac Financial Services, Inc. (NYSE:PFSI) announced its earnings results on Thursday, July, 27th. The real estate investment trust reported $1.11 earnings per share for the quarter, meeting analysts' consensus estimates of $1.11. The real estate investment trust had revenue of $336.55 million for the quarter, compared to analysts' expectations of $391.93 million. PennyMac Financial Services had a net margin of 17.95% and a trailing twelve-month return on equity of 7.80%. 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, July 27th. Investors of record on Tuesday, August 15th will be paid a dividend of $0.20 per share on Friday, August 25th. This represents a $0.80 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Monday, August 14th. 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 JPMorgan Active Small Cap Value ETF (JPSV), Fidelity Disruptive Finance ETF (FDFF), Cambria Shareholder Yield ETF (SYLD), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Dimensional US Small Cap Value ETF (DFSV) and Principal U.S. Small-Cap Multi-Factor ETF (PSC).JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) and 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 1.20%. The dividend payout ratio is 16.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFSI will have a dividend payout ratio of 8.86% 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." 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 $66.60. How much money does PennyMac Financial Services make? PennyMac Financial Services (NYSE:PFSI) has a market capitalization of $3.32 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 $4.85 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 10/2/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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