NYSE:PFSIPennyMac Financial Services Stock Price, Forecast & 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 $35.24 -0.48 (-1.34 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$35.03Now: $35.24▼$37.9350-Day Range$26.01MA: $29.93▼$35.2652-Week Range$13.14Now: $35.24▼$39.57Volume776,741 shsAverage Volume696,821 shsMarket Capitalization$2.79 billionP/E Ratio4.38Dividend Yield1.34%Beta1.16 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 2.5 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 7 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $38.86, PennyMac Financial Services has a potential upside of 10.3% from its current price of $35.24.Amount of Analyst CoveragePennyMac Financial Services has only been the subject of 3 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesPennyMac Financial Services has received 337 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPennyMac Financial Services has received 304 “underperform” votes. (Add your “underperform” vote.)Community SentimentPennyMac Financial Services has received 52.57% “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 3.3 Dividend Strength Dividend LeadershipPennyMac Financial Services is a leading dividend payer. It pays a dividend yield of 1.34%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPennyMac Financial Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PennyMac Financial Services is 9.82 %. 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 6.22 % 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 907.46% more of their company's stock than they have bought. Specifically, they have bought $698,955.00 in company stock and sold $7,041,679.00 in company stock.Percentage Held by InsidersOnly 21.48% of the stock of PennyMac Financial Services is held by insiders.Percentage Held by Institutions53.49% 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 -26.96% in the coming year, from $10.57 to $7.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennyMac Financial Services is 4.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.40.Price to Earnings Ratio vs. SectorThe P/E ratio of PennyMac Financial Services is 4.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.03.Price to Book Value per Share RatioPennyMac Financial Services has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.14 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 Ratio2.15 Current Ratio0.54 Quick Ratio0.54Price-To-Earnings Trailing P/E Ratio4.38 Forward P/E Ratio3.33 P/E GrowthN/A Sales & Book Value Annual Sales$1.48 billion Price / Sales1.89 Cash Flow$12.54 per share Price / Cash Flow2.81 Book Value$26.26 per share Price / Book1.34Profitability EPS (Most Recent Fiscal Year)$4.89 Net Income$392.96 million Net Margins33.47% Return on Equity32.19% Return on Assets6.73%Miscellaneous Employees4,215 Outstanding Shares79,230,000Market Cap$2.79 billion Next Earnings Date8/6/2020 (Estimated) OptionableOptionable PFSI Rates by TradingView 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 (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 shares have increased by 1.6% and is now trading at $35.24. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of PennyMac Financial Services? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last year. There are currently 7 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, August 6th 2020. View our earnings forecast for PennyMac Financial Services. How were PennyMac Financial Services' earnings last quarter? PennyMac Financial Services Inc (NYSE:PFSI) announced its quarterly earnings data on Thursday, May, 7th. The real estate investment trust reported $3.73 earnings per share for the quarter, topping the Zacks' consensus estimate of $3.11 by $0.62. The real estate investment trust had revenue of $721.83 million for the quarter, compared to analysts' expectations of $664.45 million. PennyMac Financial Services had a net margin of 33.47% and a return on equity of 32.19%. 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 announced a quarterly dividend on Thursday, May 7th. Investors of record on Monday, May 18th will be paid a dividend of $0.12 per share on Thursday, May 28th. This represents a $0.48 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Friday, May 15th. View PennyMac Financial Services' dividend history. What price target have analysts set for PFSI? 7 analysts have issued twelve-month target prices for PennyMac Financial Services' stock. Their forecasts range from $35.00 to $44.00. On average, they expect PennyMac Financial Services' stock price to reach $38.86 in the next year. This suggests a possible upside of 10.3% from the stock's current price. View analysts' price targets for PennyMac Financial Services. Has PennyMac Financial Services been receiving favorable news coverage? News headlines about PFSI stock have been trending extremely negative on Saturday, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PennyMac Financial Services earned a news impact score of -4.4 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the next few days. View the latest news aboutPennyMac Financial Services. Who are some of PennyMac Financial Services' key competitors? Some companies that are related to PennyMac Financial Services include E*TRADE Financial (ETFC), Sonic Healthcare (NNGRY), W. R. Berkley (WRB), Cboe Global Markets (CBOE), Everest Re Group (RE), Raymond James (RJF), NEW WORLD DEV L/ADR (NDVLY), BB Seguridade (BBSEY), Franklin Resources (BEN), Huntington Bancshares (HBAN), SONY FINL HOLDI/ADR (SNYFY), VICI Properties (VICI), SCHRODERS/PAR VTG FPD 1 (SHNWF), Cincinnati Financial (CINF) and GRUPO FINANCIER/ADR (GBOOY). 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 Alibaba Group (BABA), Fortinet (FTNT), ARBOR RLTY TR I/SH (ABR), Innovative Industrial Properties (IIPR), Taiwan Semiconductor Mfg. (TSM), Verizon Communications (VZ), Advanced Micro Devices (AMD), Intel (INTC), Paycom Software (PAYC) and JPMorgan Chase & Co. (JPM). 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.50%), Senvest Management LLC (1.83%), Philadelphia Financial Management of San Francisco LLC (1.32%), Basswood Capital Management L.L.C. (1.14%), Grantham Mayo Van Otterloo & Co. LLC (1.00%) and State Street Corp (0.75%). Company insiders that own PennyMac Financial Services stock include Andrew S Chang, Anne Mccallion, David M Walker, David Spector, Doug Jones, Jeffrey Grogin, Joseph F Mazzella, Matthew Botein, Patrick Kinsella and Stanford L Kurland. 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., Morgan Stanley, Legal & General Group Plc, Nuveen Asset Management LLC, Driehaus Capital Management LLC, IndexIQ Advisors LLC, Creative Planning, and Connor Clark & Lunn Investment Management Ltd.. Company insiders that have sold PennyMac Financial Services company stock in the last year include Anne Mccallion, David M Walker, David Spector, Doug Jones, Jeffrey Grogin, Joseph F Mazzella, Matthew Botein, and Stanford L Kurland. View insider buying and selling activity 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 Philadelphia Financial Management of San Francisco LLC, Senvest Management LLC, Basswood Capital Management L.L.C., OCO Capital Partners L.P., Mesirow Financial Investment Management Equity Management, Monarch Partners Asset Management LLC, Alliancebernstein L.P., and Eagle Asset Management Inc.. 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 $35.24. How big of a company is PennyMac Financial Services? PennyMac Financial Services has a market capitalization of $2.79 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 6/6/2020 by MarketBeat.com Staff
