S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:PFSI

PennyMac Financial Services Stock Forecast, Price & News

$67.81
-0.63 (-0.92%)
(As of 12/3/2021 04:00 PM ET)
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Compare
Today's Range
$67.09
$68.97
50-Day Range
$60.36
$68.44
52-Week Range
$55.11
$70.99
Volume
601,139 shs
Average Volume
742,788 shs
Market Capitalization
$4.00 billion
P/E Ratio
3.80
Dividend Yield
1.17%
Beta
1.19
30 days | 90 days | 365 days | Advanced Chart
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PennyMac Financial Services logo

About PennyMac Financial Services

PennyMac Financial Services, Inc. operates as a holding company. The firm engages in the production and servicing of U.S. residential mortgage loans. It operates through the following segments: Production, Servicing, and Investment Management. The Production segment includes mortgage loan origination, acquisition, and sale activities. The Servicing segment offers servicing of originated mortgage loans and execution and management of early buyout transactions. The Investment Management segment consists of sourcing, performing diligence, bidding and closing investment asset acquisitions, managing correspondent production activities and managing the acquired assets. The company was founded by Stanford L. Kurland on July 2, 2008 and is headquartered in Westlake Village, CA.

Headlines

How To YieldBoost PFSI To 7.3% Using Options
November 3, 2021 |  nasdaq.com
Should I Buy PennyMac Financial Services Inc (PFSI)?
October 19, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Mortgage bankers & correspondents
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
6,000
Year Founded
N/A

Sales & Book Value

Annual Sales
$3.71 billion
Cash Flow
$24.75 per share
Book Value
$59.37 per share

Profitability

Net Income
$1.65 billion
Pretax Margin
49.56%

Debt

Price-To-Earnings

Miscellaneous

Free Float
54,051,000
Market Cap
$4.00 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Ex-Dividend
11/12/2021
Dividend Payable
11/24/2021
Today
12/04/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/03/2022

MarketRank

Overall MarketRank

3.02 out of 5 stars

Finance Sector

63rd out of 1,339 stocks

Mortgage Bankers & Correspondents Industry

2nd out of 7 stocks

Analyst Opinion: 3.4Community Rank: 4.7Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -












PennyMac Financial Services (NYSE:PFSI) Frequently Asked Questions

Is PennyMac Financial Services a buy right now?

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

How has PennyMac Financial Services' stock price been impacted by Coronavirus (COVID-19)?

PennyMac Financial Services' stock was trading at $34.68 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PFSI shares have increased by 95.5% and is now trading at $67.81.
View which stocks have been most impacted by COVID-19
.

Are investors shorting PennyMac Financial Services?

PennyMac Financial Services saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 1,000,000 shares, a decrease of 37.1% from the October 31st total of 1,590,000 shares. Based on an average daily volume of 596,600 shares, the days-to-cover ratio is currently 1.7 days. Approximately 2.2% of the company's shares are short sold.
View PennyMac Financial Services' Short Interest
.

When is PennyMac Financial Services' next earnings date?

PennyMac Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, February 3rd 2022.
View our earnings forecast for PennyMac Financial Services
.

How were PennyMac Financial Services' earnings last quarter?

PennyMac Financial Services, Inc. (NYSE:PFSI) released its earnings results on Thursday, November, 4th. The real estate investment trust reported $3.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.31 by $0.49. The real estate investment trust had revenue of $786.61 million for the quarter, compared to analyst estimates of $832.20 million. PennyMac Financial Services had a trailing twelve-month return on equity of 36.99% and a net margin of 36.50%. PennyMac Financial Services's revenue was down 29.8% compared to the same quarter last year. During the same period last year, the firm earned $7.03 earnings per share.
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, November 4th. Shareholders of record on Monday, November 15th will be given a dividend of $0.20 per share on Wednesday, November 24th. This represents a $0.80 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Friday, November 12th.
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 1.17%. PennyMac Financial Services has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of PennyMac Financial Services is 4.48%. 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 6.16% 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 Wall Street analysts have issued 12-month price targets for PennyMac Financial Services' shares. Their forecasts range from $70.00 to $109.00. On average, they anticipate PennyMac Financial Services' share price to reach $87.38 in the next twelve months. This suggests a possible upside of 28.9% 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:
  • David A. Spector, Chairman & Chief Executive Officer (LinkedIn Profile)
  • Doug Jones, President & Chief Mortgage Banking Officer
  • Andrew S. Chang, Chief Operating Officer & Senior Managing Director
  • Daniel Stanley Perotti, Chief Financial Officer & Senior Managing Director
  • Lior Ofir, Chief Information Officer & Senior MD

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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.75%), Senvest Management LLC (3.25%), Clough Capital Partners L P (1.58%), BlueCrest Capital Management Ltd (0.98%), Geode Capital Management LLC (0.91%) and Boston Partners (0.85%). 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 major investors are selling PennyMac Financial Services stock?

PFSI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, BlackRock Inc., Goldman Sachs Group Inc., Assenagon Asset Management S.A., Allianz Asset Management GmbH, Geode Capital Management LLC, Navellier & Associates Inc., and Citigroup 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, Kurland Family Investments, Ll, Stanford L Kurland, and Stuart J Rowley.
View insider buying and selling activity for PennyMac Financial Services
or view top insider-selling stocks.

Which major investors are buying PennyMac Financial Services stock?

PFSI stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlueCrest Capital Management Ltd, Renaissance Technologies LLC, Citadel Advisors LLC, EMG Holdings L.P., Dimensional Fund Advisors LP, PEAK6 Investments LLC, and Man Group plc. 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 $67.81.

How much money does PennyMac Financial Services make?

PennyMac Financial Services has a market capitalization of $4.00 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 $17.86 on an earnings per share basis.

How many employees does PennyMac Financial Services have?

PennyMac Financial Services employs 6,000 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 12/4/2021 by MarketBeat.com Staff

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