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NYSE:PFSI

PennyMac Financial Services (PFSI) Stock Forecast, Price & News

$65.58
+0.26 (+0.40%)
(As of 04:33 PM ET)
Compare
Today's Range
$64.45
$65.83
50-Day Range
$56.59
$65.92
52-Week Range
$38.53
$73.79
Volume
190,203 shs
Average Volume
382,407 shs
Market Capitalization
$3.27 billion
P/E Ratio
10.89
Dividend Yield
1.22%
Price Target
$75.33

PennyMac Financial Services MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
15.0% Upside
$75.33 Price Target
Short Interest
Bearish
6.72% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.38
Upright™ Environmental Score
News Sentiment
-0.80mentions of PennyMac Financial Services in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$4.95 M Sold Last Quarter
Proj. Earnings Growth
76.61%
From $5.43 to $9.59 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.51 out of 5 stars

Finance Sector

389th out of 862 stocks

Mortgage Bankers & Correspondents Industry

2nd out of 7 stocks


PFSI stock logo

About PennyMac Financial Services (NYSE:PFSI) Stock

PennyMac 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.

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PFSI Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Piper Sandler Keeps Their Buy Rating on PennyMac Financial (PFSI)
See More Headlines

PFSI Price History

PFSI Company Calendar

Last Earnings
4/27/2023
Ex-Dividend for 5/26 Dividend
5/15/2023
Dividend Payable
5/26/2023
Today
6/09/2023
Next Earnings (Estimated)
8/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Mortgage bankers & correspondents
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
4,000
Year Founded
2008

Price Target and Rating

Average Stock Price Forecast
$75.33
High Stock Price Forecast
$82.00
Low Stock Price Forecast
$69.00
Forecasted Upside/Downside
+15.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$475.51 million
Pretax Margin
28.75%

Debt

Sales & Book Value

Annual Sales
$1.99 billion
Cash Flow
$11.16 per share
Book Value
$69.44 per share

Miscellaneous

Free Float
41,238,000
Market Cap
$3.27 billion
Optionable
Optionable
Beta
1.48

Social Links


Key Executives

  • David A. Spector
    Chairman & Chief Executive Officer
  • Doug Jones
    President, Director & Chief Mortgage Banking
  • Daniel Stanley Perotti
    Chief Financial Officer & Senior Managing Director
  • Lior Ofir
    Chief Information Officer & Senior MD
  • Steven Richard Bailey
    Senior Managing Director & Chief Servicing Officer













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 Wall Street research analysts have issued 1 year price targets for PennyMac Financial Services' shares. Their PFSI share price forecasts range from $69.00 to $82.00. On average, they predict the company's share price to reach $75.33 in the next twelve months. This suggests a possible upside of 15.0% 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 the year. Since then, PFSI stock has increased by 15.6% and is now trading at $65.49.
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) posted its quarterly earnings results on Thursday, April, 27th. The real estate investment trust reported $0.57 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 analysts' expectations of $354.08 million. PennyMac Financial Services had a trailing twelve-month return on equity of 9.86% and a net margin of 20.37%. The firm's revenue was down 53.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.94 earnings per share.

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. Stockholders of record on Tuesday, May 16th will be given a dividend of $0.20 per share on Friday, May 26th. This represents a $0.80 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend is Monday, May 15th.
Read our dividend analysis for PFSI
.

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 1.23%. 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 retail and institutional 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 $65.49.

How much money does PennyMac Financial Services make?

PennyMac Financial Services (NYSE:PFSI) has a market capitalization of $3.27 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 6/9/2023 by MarketBeat.com Staff

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