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

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$22.86 +0.34 (+1.51 %)
(As of 02/19/2019 07:54 AM ET)
Previous Close$22.52
Today's Range$22.6550 - $22.92
52-Week Range$18.77 - $25.20
Volume195,431 shs
Average Volume240,359 shs
Market Capitalization$576.07 million
P/E Ratio8.83
Dividend YieldN/A
Beta0.4
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.

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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$15.0395 per share
Book Value$73.09 per share

Profitability

Net Income$87.69 million

Miscellaneous

Employees3,189
Market Cap$576.07 million
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 announced 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 of this dividend 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 has approved a share repurchase program on Thursday, June 22nd 2017, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 137% of its stock through open market purchases. Stock repurchase programs are generally 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) issued its quarterly earnings results on Thursday, February, 7th. The real estate investment trust reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.08. The real estate investment trust earned $251.20 million during the quarter, compared to analysts' expectations of $238.79 million. PennyMac Financial Services had a net margin of 8.91% and a return on equity of 4.80%. 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?

4 Wall Street analysts have issued 12 month price objectives for PennyMac Financial Services' shares. 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 twelve months. This suggests a possible upside of 0.6% from the stock's current price. View Analyst Price Targets for PennyMac Financial Services.

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

4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PennyMac Financial Services.

Has PennyMac Financial Services been receiving favorable news coverage?

News stories about PFSI stock have been trending somewhat positive on Tuesday, according to InfoTrie. InfoTrie scores the sentiment of media coverage by monitoring 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 nearest to five being the most favorable. PennyMac Financial Services earned a coverage optimism score of 1.4 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the near future.

Who are some of PennyMac Financial Services' key competitors?

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 number of of retail and institutional investors. Top institutional shareholders include Basswood Capital Management L.L.C. (5.33%), Bayview Asset Management LLC (3.17%), Dimensional Fund Advisors LP (3.09%), Geode Capital Management LLC (1.92%), BlackRock Inc. (1.86%) and Northern Trust Corp (1.34%). 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 institutional 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 IndexIQ Advisors LLC. Company insiders that have sold PennyMac Financial Services company stock in the last year include Anne Mccallion, Daniel Stanley Perotti, David M Walker, David Spector, Doug Jones, Gregory L Hendry, Jeffrey Grogin, Matthew Botein, Stanford L Kurland and Vandad Fartaj. View Insider Buying and Selling for PennyMac Financial Services.

Which institutional investors are buying PennyMac Financial Services stock?

PFSI stock was acquired by a variety of institutional investors in the last quarter, including Bayview Asset Management LLC, Geode Capital Management LLC, Assenagon Asset Management S.A., Professional Planning, Northern Trust Corp, First Trust Advisors LP, Prudential Financial Inc. and Bank of New York Mellon Corp. 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 $22.86.

How big of a company is PennyMac Financial Services?

PennyMac Financial Services has a market capitalization of $576.07 million 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:  271 (Vote Outperform)
Underperform Votes:  245 (Vote Underperform)
Total Votes:  516
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 2/19/2019 by MarketBeat.com Staff

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