NYSE:PFSI - PennyMac Financial Services Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$23.02 +0.09 (+0.39 %)
(As of 03/19/2019 10:57 AM ET)
Previous Close$22.93
Today's Range$22.97 - $23.08
52-Week Range$18.77 - $24.50
Volume402 shs
Average Volume351,127 shs
Market Capitalization$1.78 billion
P/E Ratio8.89
Dividend YieldN/A
Beta0.45
PennyMac Financial Services, Inc. a specialty financial services company, engages in the mortgage banking and investment management activities in the United States. It is involved in the origination, acquisition, and sale of mortgage loans. The company originates first-lien residential conventional and government-insured or guaranteed mortgage loans to allow customers to purchase or refinance their homes. It also engages in the servicing of newly originated mortgage loans, and execution and management of early buyout loans. The company 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 mortgagors; and supervising foreclosures and property dispositions, as well as services conventional and government-insured or guaranteed loans; and distressed mortgage loans. In addition, the company is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing the acquired assets for the advised entities. PennyMac Financial Services, Inc. was founded in 2008 and is based in Westlake Village, California.

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.

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$984.63 million
Cash Flow$14.6624 per share
Book Value$73.09 per share

Profitability

Net Income$87.69 million

Miscellaneous

Employees3,189
Market Cap$1.78 billion
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

PennyMac Financial Services (NYSE:PFSI) Frequently Asked Questions

What is PennyMac Financial Services' stock symbol?

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

How often does PennyMac Financial Services pay dividends? What is the dividend yield for PennyMac Financial Services?

PennyMac Financial Services declared a special dividend on Friday, August 3rd. Investors of record on Monday, August 13th will be paid a dividend of $0.40 per share on Thursday, August 30th. The ex-dividend date is Friday, August 10th. View PennyMac Financial Services' Dividend History.

How will PennyMac Financial Services' stock buyback program work?

PennyMac Financial Services announced that its Board of Directors has authorized a stock buyback program on Thursday, June 22nd 2017, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 137% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board believes its shares are undervalued.

How were PennyMac Financial Services' earnings last quarter?

PennyMac Financial Services Inc (NYSE:PFSI) released its quarterly earnings results on Thursday, February, 7th. The real estate investment trust reported $0.63 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.08. The real estate investment trust had revenue of $251.20 million for the quarter, compared to the consensus estimate of $238.79 million. PennyMac Financial Services had a return on equity of 4.80% and a net margin of 8.91%. View PennyMac Financial Services' Earnings History.

When is PennyMac Financial Services' next earnings date?

PennyMac Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for PennyMac Financial Services.

What price target have analysts set for PFSI?

5 Wall Street analysts have issued 12 month price targets for PennyMac Financial Services' stock. Their predictions range from $21.00 to $25.00. On average, they expect PennyMac Financial Services' share price to reach $23.00 in the next year. This suggests that the stock has a possible downside of 0.1%. View Analyst Price Targets for PennyMac Financial Services.

What is the consensus analysts' recommendation for PennyMac Financial Services?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PennyMac Financial Services.

Has PennyMac Financial Services been receiving favorable news coverage?

Media coverage about PFSI stock has trended somewhat positive this week, according to InfoTrie. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PennyMac Financial Services earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future.

Are investors shorting PennyMac Financial Services?

PennyMac Financial Services saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 926,577 shares, an increase of 43.1% from the February 15th total of 647,402 shares. Based on an average daily volume of 484,931 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.5% of the shares of the stock are sold short. View PennyMac Financial Services' Current Options Chain.

Who are some of PennyMac Financial Services' key competitors?

What other stocks do shareholders of PennyMac Financial Services own?

Who are PennyMac Financial Services' key executives?

PennyMac Financial Services' management team includes the folowing people:
  • Mr. Stanford Lee Kurland, Exec. Chairman (Age 67)
  • Mr. David A. Spector, Pres, CEO & Director (Age 56)
  • Mr. Andrew S. Chang, Sr. MD & CFO (Age 42)
  • Mr. Vandad Fartaj, Chief Capital Markets Officer & Sr. MD (Age 44)
  • Mr. Douglas Jones, Sr. MD & Chief Mortgage Banking Officer (Age 62)

Who are PennyMac Financial Services' major shareholders?

PennyMac Financial Services' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Basswood Capital Management L.L.C. (5.33%), Bayview Asset Management LLC (3.17%), Dimensional Fund Advisors LP (3.09%), Dimensional Fund Advisors LP (3.09%), Geode Capital Management LLC (1.92%) and Geode Capital Management LLC (1.92%). Company insiders that own PennyMac Financial Services stock include Andrew S Chang, Anne Mccallion, Daniel Stanley Perotti, David M Walker, David Spector, Doug Jones, Gregory L Hendry, Jeffrey Grogin, Matthew Botein, Stanford L Kurland, Steven Richard Bailey and Vandad Fartaj. View Institutional Ownership Trends for PennyMac Financial Services.

Which major investors are selling PennyMac Financial Services stock?

PFSI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Basswood Capital Management L.L.C., Martingale Asset Management L P, Globeflex Capital L P, D. E. Shaw & Co. Inc., Hennessy Advisors Inc., Dimensional Fund Advisors LP and Dimensional Fund Advisors LP. Company insiders that have sold PennyMac Financial Services company stock in the last year include Anne Mccallion, David M Walker, David Spector, Doug Jones, Gregory L Hendry, Matthew Botein, Stanford L Kurland and Vandad Fartaj. View Insider Buying and Selling for PennyMac Financial Services.

Which major investors are buying PennyMac Financial Services stock?

PFSI stock was bought by a variety of institutional investors in the last quarter, including Bayview Asset Management LLC, Geode Capital Management LLC, Geode Capital Management LLC, Assenagon Asset Management S.A., Professional Planning, Northern Trust Corp, First Trust Advisors LP and Prudential Financial Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is PennyMac Financial Services' stock price today?

One share of PFSI stock can currently be purchased for approximately $23.02.

How big of a company is PennyMac Financial Services?

PennyMac Financial Services has a market capitalization of $1.78 billion and generates $984.63 million in revenue each year. The real estate investment trust earns $87.69 million in net income (profit) each year or $2.59 on an earnings per share basis. PennyMac Financial Services employs 3,189 workers across the globe.

What is PennyMac Financial Services' official website?

The official website for PennyMac Financial Services is http://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]


MarketBeat Community Rating for PennyMac Financial Services (NYSE PFSI)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  273 (Vote Outperform)
Underperform Votes:  247 (Vote Underperform)
Total Votes:  520
MarketBeat's community ratings are surveys of what our community members think about PennyMac Financial Services and other stocks. Vote "Outperform" if you believe PFSI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PFSI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/19/2019 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.

Yahoo Gemini Pixel