NYSE:PFSI

PennyMac Financial Services Stock Forecast, Price & News

$62.89
+0.63 (+1.01 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$62.23
$63.61
50-Day Range
$58.12
$63.88
52-Week Range
$46.56
$70.99
Volume461,560 shs
Average Volume616,704 shs
Market Capitalization$4.20 billion
P/E Ratio2.79
Dividend Yield1.28%
Beta1.16
30 days | 90 days | 365 days | Advanced Chart
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PennyMac Financial Services logo

About PennyMac Financial Services

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. 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. The company was founded in 2008 and is headquartered in Westlake Village, California.

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MarketRank

Overall MarketRank

3.02 out of 5 stars

Analyst Opinion: 3.4Community Rank: 4.7Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -
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PennyMac Financial Services (NYSE:PFSI) Frequently Asked Questions

Is PennyMac Financial Services a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PennyMac Financial Services stock.
View analyst ratings for PennyMac Financial Services
or view top-rated stocks.

What stocks does MarketBeat like better than PennyMac Financial Services?

Wall Street analysts have given PennyMac Financial Services a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but PennyMac Financial Services wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is PennyMac Financial Services' next earnings date?

PennyMac Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for PennyMac Financial Services
.

How were PennyMac Financial Services' earnings last quarter?

PennyMac Financial Services, Inc. (NYSE:PFSI) issued its earnings results on Thursday, May, 6th. The real estate investment trust reported $5.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.79 by $0.64. The real estate investment trust had revenue of $944.69 million for the quarter, compared to analysts' expectations of $982.06 million. PennyMac Financial Services had a net margin of 43.72% and a trailing twelve-month return on equity of 55.61%. The firm's quarterly revenue was up 30.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.73 earnings per share.
View PennyMac Financial Services' earnings history
.

How has PennyMac Financial Services' stock been impacted by Coronavirus?

PennyMac Financial Services' stock was trading at $34.68 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PFSI stock has increased by 81.3% and is now trading at $62.89.
View which stocks have been most impacted by COVID-19
.

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, May 6th. Shareholders of record on Monday, May 17th will be given a dividend of $0.20 per share on Thursday, May 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Friday, May 14th.
View PennyMac Financial Services' dividend history
.

Is PennyMac Financial Services a good dividend stock?

PennyMac Financial Services pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.28%. PennyMac Financial Services does not yet have a strong track record of dividend growth. The dividend payout ratio of PennyMac Financial Services is 3.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PennyMac Financial Services will have a dividend payout ratio of 6.82% next year. This indicates that PennyMac Financial Services will be able to sustain or increase its dividend.
View PennyMac Financial Services' dividend history.

What price target have analysts set for PFSI?

8 equities research analysts have issued 12 month price objectives for PennyMac Financial Services' stock. Their forecasts range from $70.00 to $97.00. On average, they anticipate PennyMac Financial Services' share price to reach $81.86 in the next twelve months. This suggests a possible upside of 30.2% from the stock's current price.
View analysts' price targets for PennyMac Financial Services
or view top-rated stocks among Wall Street analysts.

Who are PennyMac Financial Services' key executives?

PennyMac Financial Services' management team includes the following people:
  • Mr. David A. Spector, CEO & Chairman (Age 58, Pay $7.48M)
  • Mr. Douglas Edward Jones, Pres & Chief Mortgage Banking Officer (Age 64, Pay $4.88M)
  • Mr. Andrew S. Chang, Sr. MD & COO (Age 44, Pay $3.09M)
  • Mr. Vandad Fartaj, Sr. MD & Chief Investment Officer (Age 46, Pay $3.16M)
  • Mr. Jeffrey P. Grogin, Sr. MD & Chief Enterprise Operations Officer (Age 61, Pay $1.68M)
  • Mr. Daniel Stanley Perotti, Sr. MD & CFO (Age 40)
  • Mr. Gregory L. Hendry, Chief Accounting Officer (Age 60)
  • Mr. Lior Ofir, Sr. MD & Chief Information Officer
  • Mr. Isaac Garden, VP of Investor Relations
  • Mr. Derek W. Stark J.D., Sr. MD, Chief Legal Officer & Sec. (Age 53)

Who are some of PennyMac Financial Services' key 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 Alibaba Group (BABA), NVIDIA (NVDA), Taiwan Semiconductor Manufacturing (TSM), Advanced Micro Devices (AMD), Intel (INTC), Innovative Industrial Properties (IIPR), Verizon Communications (VZ), Fortinet (FTNT), Square (SQ) and AbbVie (ABBV).

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 many different retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (0.61%), Cutler Group LP (0.00%) and IFP Advisors Inc (0.00%). Company insiders that own PennyMac Financial Services stock include Andrew S Chang, Anne Mccallion, David M Walker, David Spector, Doug Jones, Emily Ann Youssouf, Farhad Nanji, Jeffrey Grogin, Joseph F Mazzella, Kurland Family Investments, Ll, Matthew Botein, Mfn Partners, Lp, Patrick Kinsella, Stanford L Kurland and Stuart J Rowley.
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 Alliancebernstein L.P., and IFP Advisors Inc. Company insiders that have sold PennyMac Financial Services company stock in the last year include David M Walker, David Spector, Doug Jones, Emily Ann Youssouf, Jeffrey Grogin, Joseph F Mazzella, Kurland Family Investments, Ll, Patrick Kinsella, Stanford L Kurland, and Stuart J Rowley.
View insider buying and selling activity for PennyMac Financial Services
or view top insider-selling stocks.

Which institutional investors are buying PennyMac Financial Services stock?

PFSI stock was acquired by a variety of institutional investors in the last quarter, including Cutler Group LP. Company insiders that have bought PennyMac Financial Services stock in the last two years include Andrew S Chang, Farhad Nanji, Mfn Partners, Lp, and Patrick Kinsella.
View insider buying and selling activity for PennyMac Financial Services
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is PennyMac Financial Services' stock price today?

One share of PFSI stock can currently be purchased for approximately $62.89.

How much money does PennyMac Financial Services make?

PennyMac Financial Services has a market capitalization of $4.20 billion and generates $3.71 billion in revenue each year. The real estate investment trust earns $1.65 billion in net income (profit) each year or $20.92 on an earnings per share basis.

How many employees does PennyMac Financial Services have?

PennyMac Financial Services employs 4,000 workers across the globe.

What is PennyMac Financial Services' official website?

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

Where are PennyMac Financial Services' headquarters?

PennyMac Financial Services is headquartered at 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA, 91361.

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 7/31/2021 by MarketBeat.com Staff
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