NYSE:PFSI PennyMac Financial Services Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $55.98 -1.19 (-2.08 %) (As of 09/22/2020 12:00 AM ET) Add Compare Share Today's Range$55.69Now: $55.98▼$57.8350-Day Range$48.23MA: $52.21▼$59.0452-Week Range$13.14Now: $55.98▼$60.50Volume613,514 shsAverage Volume857,235 shsMarket Capitalization$4.05 billionP/E Ratio4.86Dividend Yield1.05%Beta1.22 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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: Loan Production, Loan Servicing, and Investment Management. The Loan Production segment is involved in the origination, acquisition, and sale of mortgage loans. This segment originates first-lien residential conventional and government-insured or guaranteed mortgage loans. The Loan Servicing segment engages in the servicing of newly originated mortgage loans, and execution and management of early buyout 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 mortgagors; and supervising foreclosures and property dispositions. This segment also services conventional and government-insured or guaranteed loans; and distressed mortgage loans that have been acquired as investments by its advised entities. 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 the acquired assets. PennyMac Financial Services, Inc. was founded in 2008 and is headquartered in Westlake Village, California.Read More Beat the Market (BTM) Rank™ 1.5 Analyst's Opinion Consensus RatingPennyMac Financial Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $56.63, PennyMac Financial Services has a forecasted upside of 1.2% from its current price of $55.98.Amount of Analyst CoveragePennyMac Financial Services has only been the subject of 4 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesPennyMac Financial Services has received 348 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPennyMac Financial Services has received 306 “underperform” votes. (Add your “underperform” vote.)Community SentimentPennyMac Financial Services has received 53.21% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldPennyMac Financial Services has a dividend yield of 1.05%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthPennyMac Financial Services has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of PennyMac Financial Services is 12.27%. 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 6.36% next year. This indicates that PennyMac Financial Services will be able to sustain or increase its dividend. Previous Next 1.0 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 $23,896,200.00 in company stock.Percentage Held by InsidersOnly 21.48% of the stock of PennyMac Financial Services is held by insiders.Percentage Held by Institutions53.11% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for PennyMac Financial Services are expected to decrease by -42.92% in the coming year, from $16.52 to $9.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennyMac Financial Services is 4.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.41.Price to Earnings Ratio vs. SectorThe P/E ratio of PennyMac Financial Services is 4.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.00.Price to Book Value per Share RatioPennyMac Financial Services has a P/B Ratio of 2.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.5Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.62 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Mortgage bankers & correspondents Sub-IndustryN/A SectorFinance Current SymbolNYSE:PFSI Previous Symbol CUSIPN/A CIK1568669 Webwww.pennymacfinancial.com Phone818-224-7442Debt Debt-to-Equity Ratio1.74 Current Ratio0.52 Quick Ratio0.52Price-To-Earnings Trailing P/E Ratio4.86 Forward P/E Ratio3.39 P/E GrowthN/A Sales & Book Value Annual Sales$1.48 billion Price / Sales2.74 Cash Flow$13.23 per share Price / Cash Flow4.23 Book Value$26.26 per share Price / Book2.13Profitability EPS (Most Recent Fiscal Year)$4.89 Net Income$392.96 million Net Margins37.77% Return on Equity42.33% Return on Assets6.96%Miscellaneous Employees4,215 Outstanding Shares72,391,000Market Cap$4.05 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $55.98 -1.19 (-2.08 %) (As of 09/22/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PFSI News and Ratings via Email Sign-up to receive the latest news and ratings for PFSI and its competitors with MarketBeat's FREE daily newsletter. PennyMac Financial Services (NYSE:PFSI) Frequently Asked Questions How has PennyMac Financial Services' stock been impacted by COVID-19? PennyMac Financial Services' stock was trading at $34.68 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PFSI shares have increased by 61.4% and is now trading at $55.98. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of PennyMac Financial Services? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for PennyMac Financial Services. When is PennyMac Financial Services' next earnings date? PennyMac Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for PennyMac Financial Services. How were PennyMac Financial Services' earnings last quarter? PennyMac Financial Services Inc (NYSE:PFSI) issued its quarterly earnings data on Thursday, August, 6th. The real estate investment trust reported $4.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.04 by $1.35. The real estate investment trust had revenue of $821.63 million for the quarter, compared to the consensus estimate of $621.75 million. PennyMac Financial Services had a return on equity of 42.33% and a net margin of 37.77%. The company's revenue for the quarter was up 171.2% on a year-over-year basis. View PennyMac Financial Services' earnings history. 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, August 6th. Shareholders of record on Monday, August 17th will be given a dividend of $0.15 per share on Friday, August 28th. This represents a $0.60 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend is Friday, August 14th. This is a boost from PennyMac Financial Services's previous quarterly dividend of $0.12. View PennyMac Financial Services' dividend history. What price target have analysts set for PFSI? 8 brokerages have issued 12 month price targets for PennyMac Financial Services' stock. Their forecasts range from $40.00 to $70.00. On average, they expect PennyMac Financial Services' stock price to reach $56.63 in the next year. This suggests a possible upside of 1.2% from the stock's current price. View analysts' price targets for PennyMac Financial Services. Are investors shorting PennyMac Financial Services? PennyMac Financial Services saw a decline in short interest in the month of August. As of August 14th, there was short interest totaling 2,880,000 shares, a decline of 12.7% from the July 30th total of 3,300,000 shares. Based on an average trading volume of 838,100 shares, the days-to-cover ratio is currently 3.4 days. Approximately 4.9% of the company's shares are sold short. View PennyMac Financial Services' Short Interest. Who are some of PennyMac Financial Services' key competitors? Some companies that are related to PennyMac Financial Services include Northern Trust (NTRS), Barclays (BARC), Ventas (VTR), Invitation Homes (INVH), CBRE Group (CBRE), Royalty Pharma (RPRX), Synchrony Financial (SYF), Nomura (NMR), NatWest Group (NWG), Royal Bank of Scotland Group (RBSPF), Fifth Third Bancorp (FITB), AVIVA PLC/ADR (AVVIY), Standard Chartered (SCBFF), Sun Communities (SUI) and Extra Space Storage (EXR). View all competitors. 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 Taiwan Semiconductor Mfg. (TSM), Alibaba Group (BABA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Fortinet (FTNT), Innovative Industrial Properties (IIPR), Square (SQ), AbbVie (ABBV) and Verizon Communications (VZ). Who are PennyMac Financial Services' key executives? PennyMac Financial Services' management team includes the following 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) What is PennyMac Financial Services' stock symbol? PennyMac Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "PFSI." Who are PennyMac Financial Services' major shareholders? PennyMac Financial Services' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.01%), Goldman Sachs Group Inc. (1.17%), Grantham Mayo Van Otterloo & Co. LLC (0.77%), Nuveen Asset Management LLC (0.73%), Bank of New York Mellon Corp (0.47%) and FMR LLC (0.48%). Company insiders that own PennyMac Financial Services stock include Andrew S Chang, Anne Mccallion, David M Walker, David Spector, Doug Jones, Farhad Nanji, Jeffrey Grogin, Joseph F Mazzella, Matthew Botein, Patrick Kinsella and Stanford L Kurland. View institutional ownership trends for PennyMac Financial Services. Which major investors are selling PennyMac Financial Services stock? PFSI stock was sold by a variety of institutional investors in the last quarter, including Strycker View Capital LLC, Marshall Wace LLP, Marshall Wace North America L.P., Grantham Mayo Van Otterloo & Co. LLC, Mesirow Financial Investment Management Equity Management, FMR LLC, Hennessy Advisors Inc., and ClariVest Asset Management LLC. Company insiders that have sold PennyMac Financial Services company stock in the last year include Anne Mccallion, David M Walker, David Spector, Doug Jones, Farhad Nanji, Jeffrey Grogin, Joseph F Mazzella, Matthew Botein, and Stanford L Kurland. View insider buying and selling activity for PennyMac Financial Services. Which major investors are buying PennyMac Financial Services stock? PFSI stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Goldman Sachs Group Inc., Mangrove Partners, Pennsylvania Capital Management Inc. ADV, Nuveen Asset Management LLC, Emerald Mutual Fund Advisers Trust, Bank of New York Mellon Corp, and SG Americas Securities LLC. Company insiders that have bought PennyMac Financial Services stock in the last two years include Andrew S Chang, and Patrick Kinsella. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is PennyMac Financial Services' stock price today? One share of PFSI stock can currently be purchased for approximately $55.98. How big of a company is PennyMac Financial Services? PennyMac Financial Services has a market capitalization of $4.05 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. What is PennyMac Financial Services' official website? The official website for PennyMac Financial Services is 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] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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