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New CBOE “special perk” helps traders target income every weekend (Ad)
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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
US joins in other nations in swearing off coal power to clean the climate
New CBOE “special perk” helps traders target income every weekend (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
Pentagon forges new high-tech agreement with Australia, United Kingdom, aimed at countering China
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
US joins in other nations in swearing off coal power to clean the climate
New CBOE “special perk” helps traders target income every weekend (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
Pentagon forges new high-tech agreement with Australia, United Kingdom, aimed at countering China
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
All the trading advice you’ve ever received boils down to this (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
US joins in other nations in swearing off coal power to clean the climate
New CBOE “special perk” helps traders target income every weekend (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
Pentagon forges new high-tech agreement with Australia, United Kingdom, aimed at countering China

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

$79.78
+1.99 (+2.56%)
(As of 12/1/2023 ET)
Compare
Today's Range
$77.08
$79.98
50-Day Range
$62.98
$78.67
52-Week Range
$54.00
$82.92
Volume
232,914 shs
Average Volume
251,498 shs
Market Capitalization
$3.98 billion
P/E Ratio
19.18
Dividend Yield
1.00%
Price Target
$85.14

PennyMac Financial Services MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
6.7% Upside
$85.14 Price Target
Short Interest
Healthy
3.24% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.38
Upright™ Environmental Score
News Sentiment
0.33mentions of PennyMac Financial Services in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$3.68 M Sold Last Quarter
Proj. Earnings Growth
76.44%
From $5.22 to $9.21 Per Share

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 stars

Finance Sector

202nd out of 853 stocks

Mortgage Bankers & Correspondents Industry

1st out of 6 stocks


PFSI stock logo

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.

PFSI Stock Price History

PFSI Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
You 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.
PennyMac Financial Services Inc Class A
New CBOE “special perk” helps traders target income every weekend
You 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.
PennyMac Financial declares $0.20 dividend
PennyMac Financial (PFSI) Beats Q3 Earnings Estimates
Servicing earnings prop up Pennymac’s Q3 performance
PennyMac Looks Iffy Despite Upgrades
See More Headlines
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Company Calendar

Last Earnings
10/26/2023
Ex-Dividend for 11/22 Dividend
11/10/2023
Dividend Payable
11/22/2023
Today
12/02/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/01/2024

Industry, Sector and Symbol

Industry
Mortgage bankers & correspondents
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
4,000
Year Founded
2008

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$475.51 million
Pretax Margin
22.14%

Debt

Sales & Book Value

Annual Sales
$1.99 billion
Cash Flow
$11.38 per share
Book Value
$71.56 per share

Miscellaneous

Free Float
41,239,000
Market Cap
$3.98 billion
Optionable
Optionable
Beta
1.53

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Key Executives















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 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

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