PennyMac Financial Services - PFSI Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PFSI shares.
View PFSI analyst ratings or view top-rated stocks.

6 Wall Street research analysts have issued 1 year price targets for PennyMac Financial Services' shares. Their PFSI share price forecasts range from $60.00 to $82.00. On average, they expect the company's share price to reach $69.50 in the next twelve months. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for PFSI or view top-rated stocks among Wall Street analysts.

PennyMac Financial Services' stock was trading at $56.66 at the beginning of 2023. Since then, PFSI shares have increased by 0.6% and is now trading at $56.98.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our PFSI earnings forecast.

PennyMac Financial Services, Inc. (NYSE:PFSI) released its quarterly earnings results on Thursday, February, 2nd. The real estate investment trust reported $0.89 EPS for the quarter, beating the consensus estimate of $0.85 by $0.04. The real estate investment trust had revenue of $340.45 million for the quarter, compared to analyst estimates of $326.70 million. PennyMac Financial Services had a net margin of 23.95% and a trailing twelve-month return on equity of 14.00%.

PennyMac Financial Services announced a quarterly dividend on Thursday, February 2nd. Investors of record on Tuesday, February 14th will be given a dividend of $0.20 per share on Friday, February 24th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date is Monday, February 13th.
Read our dividend analysis for PFSI.

ETFs with the largest weight of PennyMac Financial Services (NYSE:PFSI) stock in their portfolio include SPDR S&P Bank ETF (KBE), First Trust Small Cap Value AlphaDEX Fund (FYT), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Vanguard U.S. Quality Factor ETF (VFQY), Nuveen ESG Small-Cap ETF (NUSC), First Trust Small Cap Core AlphaDEX Fund (FYX), VictoryShares US Small Mid Cap Value Momentum ETF (USVM) and JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE).

PennyMac Financial Services (NYSE:PFSI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.39%. The dividend payout ratio is 9.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFSI will have a dividend payout ratio of 7.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PFSI.

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), Block (SQ) and AbbVie (ABBV).

PennyMac Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "PFSI."

PennyMac Financial Services' stock is owned by many different institutional and retail investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (9.97%), Senvest Management LLC (5.01%), Dimensional Fund Advisors LP (4.03%), Citigroup Inc. (0.00%), Susquehanna International Group LLP (0.00%) and Arrowstreet Capital Limited Partnership (1.08%). Insiders that own company stock include Anne Mccallion, Daniel Stanley Perotti, David M Walker, David Spector, Derek Stark, Donald J White, Doug Jones, Emily Ann Youssouf, Farhad Nanji, James K Hunt, Jeffrey Grogin, Joseph F Mazzella, Kurland Family Investments, Ll, Matthew Botein, Mfn Partners, Lp, Patrick Kinsella, Stanford L Kurland, Steven Richard Bailey, Stuart J Rowley and Vandad Fartaj.
View institutional ownership trends.

Shares of PFSI stock 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.
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One share of PFSI stock can currently be purchased for approximately $56.98.

PennyMac Financial Services (NYSE:PFSI) has a market capitalization of $2.85 billion and generates $1.99 billion in revenue each year. The real estate investment trust earns $475.51 million in net income (profit) each year or $8.39 on an earnings per share basis.

The company employs 4,000 workers across the globe.

PennyMac Financial Services' mailing address is 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA, 91361. The official website for the company is www.pennymacfinancial.com. The real estate investment trust can be reached via phone at (818) 224-7442 or via email at pfsi_ir@pnmac.com.