PennyMac Financial Services Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PennyMac Financial Services stock.
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PennyMac Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for PennyMac Financial Services.

PennyMac Financial Services, Inc. (NYSE:PFSI) posted its quarterly earnings data on Thursday, August, 5th. The real estate investment trust reported $2.94 earnings per share for the quarter, missing the Zacks' consensus estimate of $3.48 by $0.54. PennyMac Financial Services had a trailing twelve-month return on equity of 46.88% and a net margin of 40.76%.
View PennyMac Financial Services' earnings history.

PennyMac Financial Services' stock was trading at $34.68 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PFSI stock has increased by 86.1% and is now trading at $64.55.
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PennyMac Financial Services announced a quarterly dividend on Friday, August 6th. Stockholders of record on Monday, August 16th will be paid a dividend of $0.20 per share on Thursday, August 26th. This represents a $0.80 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend is Friday, August 13th.
View PennyMac Financial Services' dividend history.

PennyMac Financial Services pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.24%. The dividend payout ratio of PennyMac Financial Services is 3.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PennyMac Financial Services will have a dividend payout ratio of 6.24% next year. This indicates that PennyMac Financial Services will be able to sustain or increase its dividend.
View PennyMac Financial Services' dividend history.

8 equities research analysts have issued 12 month price objectives for PennyMac Financial Services' stock. Their forecasts range from $70.00 to $109.00. On average, they expect PennyMac Financial Services' stock price to reach $87.38 in the next twelve months. This suggests a possible upside of 35.4% from the stock's current price.
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Some companies that are related to PennyMac Financial Services include UWM (UWMC), Home Point Capital (HMPT), Finance Of America Companies (FOA), Ocwen Financial (OCN), Farmhouse (FMHS), Mopals.com (PALS) and PSM HOLDINGS IN/SH (PSMH).
View all of PFSI's competitors.

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), Square (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 number of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (6.53%), Jefferies Group LLC (0.00%), Vanguard Group Inc. (5.24%), BlackRock Inc. (3.86%), Basswood Capital Management L.L.C. (3.97%) and Senvest Management LLC (2.98%). Company insiders that own PennyMac Financial Services stock include Andrew S Chang, Anne Mccallion, David M Walker, David Spector, Doug Jones, Emily Ann Youssouf, Farhad Nanji, Jeffrey Grogin, Joseph F Mazzella, Kurland Family Investments, Ll, Matthew Botein, Mfn Partners, Lp, Patrick Kinsella, Stanford L Kurland and Stuart J Rowley.
View institutional ownership trends for PennyMac Financial Services.

PFSI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Price T Rowe Associates Inc. MD, Dimensional Fund Advisors LP, JPMorgan Chase & Co., State Street Corp, Vanguard Group Inc., Russell Investments Group Ltd., and Man Group plc. Company insiders that have sold PennyMac Financial Services company stock in the last year include David M Walker, David Spector, Doug Jones, Emily Ann Youssouf, Jeffrey Grogin, Joseph F Mazzella, Kurland Family Investments, Ll, Patrick Kinsella, Stanford L Kurland, and Stuart J Rowley.
View insider buying and selling activity for PennyMac Financial Services or view top insider-selling stocks.

PFSI stock was purchased by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Basswood Capital Management L.L.C., Goldman Sachs Group Inc., Marshall Wace North America L.P., Renaissance Technologies LLC, Kettle Hill Capital Management LLC, Morgan Stanley, and Morgan Stanley. Company insiders that have bought PennyMac Financial Services stock in the last two years include Andrew S Chang, Farhad Nanji, Mfn Partners, Lp, and Patrick Kinsella.
View insider buying and selling activity for PennyMac Financial Services or or view top insider-buying stocks.

Shares of PFSI 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 $64.55.

PennyMac Financial Services has a market capitalization of $4.01 billion and generates $3.71 billion in revenue each year. The real estate investment trust earns $1.65 billion in net income (profit) each year or $20.92 on an earnings per share basis.

PennyMac Financial Services employs 4,000 workers across the globe.

The official website for PennyMac Financial Services is www.pennymacfinancial.com.

PennyMac Financial Services is headquartered at 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA, 91361.

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].