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

6 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 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.

6 Wall Street analysts have issued 12 month price targets for PennyMac Financial Services' stock. Their PFSI share price forecasts range from $69.00 to $95.00. On average, they predict the company's share price to reach $83.00 in the next year. This suggests a possible upside of 23.6% from the stock's current price.
View analysts price targets for PFSI or view top-rated stocks among Wall Street analysts.

PennyMac Financial Services' stock was trading at $56.66 at the beginning of the year. Since then, PFSI stock has increased by 18.5% and is now trading at $67.17.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our PFSI earnings forecast.

PennyMac Financial Services, Inc. (NYSE:PFSI) announced its quarterly earnings results on Thursday, July, 27th. The real estate investment trust reported $1.11 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.11. The real estate investment trust earned $336.55 million during 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%.

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 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Monday, August 14th.
Read our dividend analysis for PFSI.

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

PennyMac Financial Services (NYSE:PFSI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.16%. 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.

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).

PennyMac Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "PFSI."

PennyMac Financial Services' stock is owned by a variety of institutional and retail investors. Top institutional investors include Senvest Management LLC (5.52%), Dimensional Fund Advisors LP (5.16%), BlackRock Inc. (4.03%), State Street Corp (1.79%), Epoch Investment Partners Inc. (1.43%) and Geode Capital Management LLC (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, Mfn Partners, Lp, Patrick Kinsella, Stanford L Kurland, Steven Richard Bailey, Stuart J Rowley and Vandad Fartaj.
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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.
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One share of PFSI stock can currently be purchased for approximately $67.17.

PennyMac Financial Services (NYSE:PFSI) has a market capitalization of $3.35 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.

The company employs 4,000 workers across the globe.

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.