S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
New York lawmakers pass $237 billion budget with policies to jump-start housing market
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
NYSE:PFSI

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

$87.96
+0.96 (+1.10%)
(As of 04/19/2024 ET)
Today's Range
$86.66
$88.57
50-Day Range
$83.87
$92.09
52-Week Range
$56.16
$94.78
Volume
175,116 shs
Average Volume
192,979 shs
Market Capitalization
$4.44 billion
P/E Ratio
32.46
Dividend Yield
0.91%
Price Target
$98.13

PennyMac Financial Services MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
11.6% Upside
$98.13 Price Target
Short Interest
Bearish
2.09% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.38
Upright™ Environmental Score
News Sentiment
0.34mentions of PennyMac Financial Services in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$7.67 M Sold Last Quarter
Proj. Earnings Growth
18.73%
From $10.41 to $12.36 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.60 out of 5 stars

Finance Sector

122nd out of 858 stocks

Mortgage Bankers & Correspondents Industry

1st out of 6 stocks

PFSI stock logo

About PennyMac Financial Services Stock (NYSE:PFSI)

PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. This segment sources residential conventional and government-insured or guaranteed mortgage loans through correspondent production, consumer direct lending, and broker direct lending. The Servicing segment performs loan servicing for both newly originated loans that are under holding for sale and loans services for others. The segment performs loan administration, collection, and default management activities, including the collection and remittance of loan payments; responds to customer inquiries; provides accounting for principal and interest; holds custodial funds for the payment of property taxes and insurance premiums; counsels 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. The company was founded in 2008 and is headquartered in Westlake Village, California.

PFSI Stock Price History

PFSI Stock News Headlines

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PennyMac Financial Services, Inc. (PFSI)
PennyMac Financial Services, Inc.
PennyMac Financial Services Inc (PFSI)
PFSI Mar 2024 105.000 call
PennyMac Financial Services Inc.
PFSI Mar 2024 90.000 call
PennyMac Financial Servs: Dividend Insights
PennyMac Financial Services Inc Class A PFSI
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Ex-Dividend for 2/23 Dividend
2/12/2024
Dividend Payable
2/23/2024
Today
4/20/2024
Next Earnings (Confirmed)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Mortgage bankers & correspondents
Sub-Industry
N/A
Fax
N/A
Employees
3,900
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$98.13
High Stock Price Target
$115.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+11.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$144.66 million
Pretax Margin
13.10%

Debt

Sales & Book Value

Annual Sales
$1.40 billion
Cash Flow
$7.28 per share
Book Value
$70.52 per share

Miscellaneous

Free Float
41,654,000
Market Cap
$4.44 billion
Optionable
Optionable
Beta
1.67

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PFSI Stock Analysis - Frequently Asked Questions

Should I buy or sell PennyMac Financial Services stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

7 analysts have issued twelve-month target prices for PennyMac Financial Services' shares. Their PFSI share price targets range from $85.00 to $115.00. On average, they expect the company's share price to reach $98.13 in the next year. This suggests a possible upside of 11.6% 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 2024?

PennyMac Financial Services' stock was trading at $88.37 on January 1st, 2024. Since then, PFSI shares have decreased by 0.5% and is now trading at $87.96.
View the best growth stocks for 2024 here
.

When is PennyMac Financial Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our PFSI earnings forecast
.

How can I listen to PennyMac Financial Services' earnings call?

PennyMac Financial Services will be holding an earnings conference call on Wednesday, April 24th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were PennyMac Financial Services' earnings last quarter?

PennyMac Financial Services, Inc. (NYSE:PFSI) released its earnings results on Thursday, February, 1st. The real estate investment trust reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.75. The real estate investment trust earned $361.94 million during the quarter, compared to analyst estimates of $413.35 million. PennyMac Financial Services had a trailing twelve-month return on equity of 7.69% and a net margin of 10.32%.

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, February 1st. Stockholders of record on Tuesday, February 13th will be given a dividend of $0.20 per share on Friday, February 23rd. This represents a $0.80 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date is Monday, February 12th.
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 0.91%. The dividend payout ratio is 29.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFSI will have a dividend payout ratio of 6.47% next year. This indicates that the company will be able to sustain or increase its dividend.
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 Fidelity Disruptive Finance ETF (FDFF) and JPMorgan Active Small Cap Value ETF (JPSV).JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE).

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).

Who are PennyMac Financial Services' major shareholders?

PennyMac Financial Services' stock is owned by many different institutional and retail investors. Top institutional investors include Denali Advisors LLC (0.08%), MorganRosel Wealth Management LLC (0.02%) and Handelsinvest Investeringsforvaltning (0.00%). Insiders that own company stock include Anne Mccallion, Daniel Stanley Perotti, David Spector, Derek Stark, Donald J White, Doug Jones, Emily Ann Youssouf, Farhad Nanji, Gregory L Hendry, James Follette, James K Hunt, Joseph F Mazzella, Kurland Family Investments, Ll, Mfn Partners, Lp, Patrick Kinsella, Steven Richard Bailey, Stuart J Rowley, Vandad Fartaj and William Herbert Chang.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PFSI) was last updated on 4/21/2024 by MarketBeat.com Staff

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