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

PennyMac Financial Services' stock was trading at $34.68 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PFSI stock has decreased by 36.2% and is now trading at $22.11. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street 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, resulting in a consensus recommendation of "Buy." View analyst ratings for PennyMac Financial Services.

PennyMac Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for PennyMac Financial Services.

PennyMac Financial Services Inc (NYSE:PFSI) announced its earnings results on Thursday, February, 6th. The real estate investment trust reported $1.88 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.57 by $0.31. The real estate investment trust earned $490.38 million during the quarter, compared to analyst estimates of $454.75 million. PennyMac Financial Services had a return on equity of 21.09% and a net margin of 26.60%. View PennyMac Financial Services' earnings history.

PennyMac Financial Services announced a quarterly dividend on Thursday, February 6th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.12 per share on Thursday, February 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, February 13th. View PennyMac Financial Services' dividend history.

7 equities research analysts have issued 12-month target prices for PennyMac Financial Services' shares. Their forecasts range from $25.00 to $44.00. On average, they expect PennyMac Financial Services' stock price to reach $35.71 in the next year. This suggests a possible upside of 61.5% from the stock's current price. View analysts' price targets for PennyMac Financial Services.

Press coverage about PFSI stock has been trending very negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PennyMac Financial Services earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View the latest news aboutPennyMac Financial Services.

PennyMac Financial Services saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,763,300 shares, an increase of 11.9% from the February 27th total of 2,470,000 shares. Based on an average daily trading volume, of 620,300 shares, the days-to-cover ratio is currently 4.5 days. Currently, 5.9% of the shares of the company are sold short. View PennyMac Financial Services' Current Options Chain.

Some companies that are related to PennyMac Financial Services include Erie Indemnity (ERIE), E*TRADE Financial (ETFC), Vornado Realty Trust (VNO), Klepierre (KLPEF), SONY FINL HOLDI/ADR (SNYFY), Fidelity National Financial (FNF), SCHRODERS/PAR VTG FPD 1 (SDR), GPT Group (GPT), CyrusOne (CONE), AEGON (AEG), Iron Mountain (IRM), American Homes 4 Rent (AMH), Equitable (EQH), Banco Santander-Chile (BSAC) and Regency Centers (REG).

Based on aggregate information from My MarketBeat watchlists, some companies that other PennyMac Financial Services investors own include Alibaba Group (BABA), Verizon Communications (VZ), Paycom Software (PAYC), Taiwan Semiconductor Mfg. (TSM), Advanced Micro Devices (AMD), Fortinet (FTNT), NVIDIA (NVDA), Xilinx (XLNX), ARBOR RLTY TR I/SH (ABR) and Home Depot (HD).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of PFSI stock can currently be purchased for approximately $22.11.

PennyMac Financial Services has a market capitalization of $1.74 billion and generates $1.48 billion in revenue each year. The real estate investment trust earns $392.96 million in net income (profit) each year or $4.89 on an earnings per share basis. PennyMac Financial Services employs 4,215 workers across the globe. View additional information about PennyMac Financial Services.

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

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]