PennyMac Financial Services Stock Price, News & Analysis (NYSE:PFSI) $79.78 +1.99 (+2.56%) (As of 12/1/2023 ET) Add Compare Share Share Today's Range$77.08▼$79.9850-Day Range$62.98▼$78.6752-Week Range$54.00▼$82.92Volume232,914 shsAverage Volume251,498 shsMarket Capitalization$3.98 billionP/E Ratio19.18Dividend Yield1.00%Price Target$85.14 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability PennyMac Financial Services MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside6.7% Upside$85.14 Price TargetShort InterestHealthy3.24% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.38Upright™ Environmental ScoreNews Sentiment0.33Based on 2 Articles This WeekInsider TradingSelling Shares$3.68 M Sold Last QuarterProj. Earnings Growth76.44%From $5.22 to $9.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.47 out of 5 starsFinance Sector202nd out of 853 stocksMortgage Bankers & Correspondents Industry1st out of 6 stocks 1.4 Analyst's Opinion Consensus RatingPennyMac Financial Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $85.14, PennyMac Financial Services has a forecasted upside of 6.7% from its current price of $79.78.Amount of Analyst CoveragePennyMac Financial Services has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.24% of the float of PennyMac Financial Services has been sold short.Short Interest Ratio / Days to CoverPennyMac Financial Services has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in PennyMac Financial Services has recently decreased by 23.98%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldPennyMac Financial Services pays a meaningful dividend of 1.03%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPennyMac Financial Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PennyMac Financial Services is 19.23%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PennyMac Financial Services will have a dividend payout ratio of 8.69% next year. This indicates that PennyMac Financial Services will be able to sustain or increase its dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePennyMac Financial Services has received a 20.89% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", and "Mortgages provided by online banks" products. See details.Environmental SustainabilityThe Environmental Impact score for PennyMac Financial Services is -1.38. Previous Next 2.4 News and Social Media Coverage News SentimentPennyMac Financial Services has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for PennyMac Financial Services this week, compared to 2 articles on an average week.Search Interest1 people have searched for PFSI on MarketBeat in the last 30 days. MarketBeat Follows5 people have added PennyMac Financial Services to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PennyMac Financial Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,676,616.00 in company stock.Percentage Held by Insiders17.40% of the stock of PennyMac Financial Services is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions59.12% of the stock of PennyMac Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for PennyMac Financial Services are expected to grow by 76.44% in the coming year, from $5.22 to $9.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennyMac Financial Services is 19.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.95.Price to Earnings Ratio vs. SectorThe P/E ratio of PennyMac Financial Services is 19.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 33.67.Price to Book Value per Share RatioPennyMac Financial Services has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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. It operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. It sources first-lien residential conventional and government-insured or guaranteed mortgage loans. The Servicing segment engages in the servicing of newly originated loans, and execution and management of early buyout transactions and servicing of loans. It 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 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. PennyMac Financial Services, Inc. was founded in 2008 and is headquartered in Westlake Village, California.Read More PFSI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PFSI Stock News HeadlinesDecember 1, 2023 | americanbankingnews.comPennyMac Financial Services (NYSE:PFSI) Upgraded to "Hold" by StockNews.comNovember 25, 2023 | americanbankingnews.comPennyMac Financial Services (NYSE:PFSI) Downgraded by StockNews.com to "Sell"December 2, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 22, 2023 | americanbankingnews.comPennyMac Financial Services, Inc. (NYSE:PFSI) Given Average Recommendation of "Moderate Buy" by AnalystsNovember 21, 2023 | finance.yahoo.comWhat Makes PennyMac (PFSI) a Good Fit for 'Trend Investing'November 16, 2023 | tmcnet.comPennyMac Mortgage Investment Trust Declares Fourth Quarter 2023 Dividends for Its Preferred SharesNovember 16, 2023 | msn.comBarclays Initiates Coverage of PennyMac Financial Services (PFSI) with Overweight RecommendationNovember 14, 2023 | morningstar.comPennyMac Financial Services Inc Class ADecember 2, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 11, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: PennyMac Financial (PFSI), Logan Ridge Finance (LRFC) and WhiteHorse (WHF)October 30, 2023 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: T Rowe Price (TROW), PennyMac Financial (PFSI) and First Interstate Bancsystem (FIBK)October 30, 2023 | finance.yahoo.comPennyMac Financial Services (NYSE:PFSI) Is Paying Out A Dividend Of $0.20October 28, 2023 | benzinga.comPennyMac Financial Servs Stock (NYSE:PFSI), Analyst Ratings, Price Targets, PredictionsOctober 27, 2023 | msn.comPiper Sandler Maintains PennyMac Financial Services (PFSI) Overweight RecommendationOctober 27, 2023 | msn.comPennyMac Financial declares $0.20 dividendOctober 27, 2023 | finance.yahoo.comPennyMac Financial Services, Inc. (NYSE:PFSI) Q3 2023 Earnings Call TranscriptOctober 26, 2023 | finance.yahoo.comPennyMac Financial Services, Inc. Reports Third Quarter 2023 ResultsOctober 26, 2023 | finance.yahoo.comPennyMac Mortgage (PMT) Q3 Earnings and Revenues Surpass EstimatesOctober 26, 2023 | finance.yahoo.comPennyMac Financial (PFSI) Beats Q3 Earnings EstimatesOctober 26, 2023 | finance.yahoo.comServicing earnings prop up Pennymac’s Q3 performanceOctober 26, 2023 | finance.yahoo.comPennyMac Financial Services Inc (PFSI) Reports Q3 2023 EarningsOctober 26, 2023 | finance.yahoo.comCompared to Estimates, PennyMac (PFSI) Q3 Earnings: A Look at Key MetricsOctober 26, 2023 | markets.businessinsider.comPennyMac Financial Services earnings preview: what Wall Street is expectingOctober 21, 2023 | thestreet.comPennyMac Looks Iffy Despite UpgradesOctober 19, 2023 | stockhouse.comPennyMac Mortgage Investment Trust Announces Date for Release of Third Quarter 2023 ResultsOctober 19, 2023 | finance.yahoo.comPennyMac Financial Services, Inc. Announces Date for Release of Third Quarter 2023 ResultsOctober 3, 2023 | msn.comKeefe, Bruyette & Woods Upgrades PennyMac Financial Services (PFSI)See More Headlines Receive PFSI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PennyMac Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/26/2023Ex-Dividend for 11/22 Dividend11/10/2023Dividend Payable11/22/2023Today12/02/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/01/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Mortgage bankers & correspondents Sub-IndustryN/A SectorFinance Current SymbolNYSE:PFSI CUSIPN/A CIK1568669 Webwww.pennymacfinancial.com Phone(818) 224-7442FaxN/AEmployees4,000Year Founded2008Price Target and Rating Average Stock Price Target$85.14 High Stock Price Target$95.00 Low Stock Price Target$75.00 Potential Upside/Downside+6.7%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$4.16 Trailing P/E Ratio19.18 Forward P/E Ratio15.28 P/E GrowthN/ANet Income$475.51 million Net Margins15.88% Pretax Margin22.14% Return on Equity6.54% Return on Assets1.24% Debt Debt-to-Equity Ratio1.87 Current Ratio0.39 Quick Ratio0.39 Sales & Book Value Annual Sales$1.99 billion Price / Sales2.01 Cash Flow$11.38 per share Price / Cash Flow7.01 Book Value$71.56 per share Price / Book1.11Miscellaneous Outstanding Shares49,930,000Free Float41,239,000Market Cap$3.98 billion OptionableOptionable Beta1.53 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. David A. Spector (Age 60)CEO & Chairman Comp: $5.08MMr. Douglas Edward Jones (Age 66)President, Chief Mortgage Banking Officer & Director Comp: $3.42MMr. Daniel Stanley Perotti (Age 42)Senior MD & CFO Comp: $1.83MMr. James Follette (Age 50)Senior MD & Chief Mortgage Operations Officer Comp: $1.36MMr. Gregory L. Hendry (Age 62)Chief Accounting Officer Mr. Lior OfirSenior MD & Chief Information OfficerMr. Kevin ChamberlainExecutive Vice President of Investor RelationsMr. Derek W. Stark J.D. (Age 55)Senior MD, Chief Legal Officer & Secretary Ms. Susan Hallock SmithSenior MD & Chief Marketing OfficerMs. Jenny RhodesSenior MD & Chief Human Resources OfficerMore ExecutivesKey CompetitorsWhite Mountains Insurance GroupNYSE:WTMRadian GroupNYSE:RDNBlackstone Mortgage TrustNYSE:BXMTMr. Cooper GroupNASDAQ:COOPApple Hospitality REITNYSE:APLEView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 16,174 shares on 11/30/2023Ownership: 0.556%Deutsche Bank AGBought 1,587 shares on 11/24/2023Ownership: 0.027%Graham Capital Management L.P.Bought 18,573 shares on 11/22/2023Ownership: 0.037%Jacobs Levy Equity Management Inc.Bought 258,890 shares on 11/17/2023Ownership: 0.519%Public Employees Retirement System of OhioBought 12,929 shares on 11/16/2023Ownership: 0.027%View All Insider TransactionsView All Institutional Transactions PFSI Stock Analysis - Frequently Asked Questions Should I buy or sell PennyMac Financial Services stock right now? 7 Wall Street equities 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 equities 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 Wall Street research analysts have issued 1-year price targets for PennyMac Financial Services' stock. Their PFSI share price targets range from $75.00 to $95.00. On average, they anticipate the company's stock price to reach $85.14 in the next year. This suggests a possible upside of 6.7% 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 2023? PennyMac Financial Services' stock was trading at $56.66 at the start of the year. Since then, PFSI shares have increased by 40.8% and is now trading at $79.78. View the best growth stocks for 2023 here. Are investors shorting PennyMac Financial Services? PennyMac Financial Services saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 1,490,000 shares, a decline of 24.0% from the October 31st total of 1,960,000 shares. Based on an average trading volume of 253,800 shares, the short-interest ratio is currently 5.9 days. Approximately 3.2% of the company's shares are sold short. View PennyMac Financial Services' Short Interest. When is PennyMac Financial Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024. View our PFSI earnings forecast. How were PennyMac Financial Services' earnings last quarter? PennyMac Financial Services, Inc. (NYSE:PFSI) posted its earnings results on Thursday, October, 26th. The real estate investment trust reported $1.77 earnings per share for the quarter, beating analysts' consensus estimates of $1.57 by $0.20. The real estate investment trust earned $400.31 million during the quarter, compared to analysts' expectations of $401.96 million. PennyMac Financial Services had a trailing twelve-month return on equity of 6.54% and a net margin of 15.88%. The firm's revenue for the quarter was down 16.0% compared to the same quarter last year. During the same quarter last year, the firm posted $2.46 earnings per share. 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, October 26th. Investors of record on Monday, November 13th will be paid a dividend of $0.20 per share on Wednesday, November 22nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Friday, November 10th. 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 1.03%. The dividend payout ratio is 19.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFSI will have a dividend payout ratio of 8.69% 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), JPMorgan Active Small Cap Value ETF (JPSV), 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 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 a variety of retail and institutional investors. Top institutional shareholders include Senvest Management LLC (5.23%), Invesco Ltd. (0.98%), Epoch Investment Partners Inc. (0.85%), Northern Trust Corp (0.80%), Charles Schwab Investment Management Inc. (0.79%) and Saba Capital Management L.P. (0.00%). 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. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:PFSI) was last updated on 12/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PennyMac Financial Services, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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