NYSE:PFSI PennyMac Financial Services - PFSI Stock Forecast, Price & News Adding Choose a watchlist: 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. $56.98 -0.35 (-0.61%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$56.84▼$57.5750-Day Range$55.82▼$72.5552-Week Range$38.53▼$73.79Volume358,555 shsAverage Volume480,689 shsMarket Capitalization$2.85 billionP/E Ratio6.79Dividend Yield1.40%Price Target$69.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability PennyMac Financial Services MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside22.0% Upside$69.50 Price TargetShort InterestBearish5.14% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.38Upright™ Environmental ScoreNews Sentiment-0.19Based on 2 Articles This WeekInsider TradingSelling Shares$7.09 M Sold Last QuarterProj. Earnings Growth55.03%From $6.76 to $10.48 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.48 out of 5 starsFinance Sector448th out of 891 stocksMortgage Bankers & Correspondents Industry1st out of 6 stocks 2.3 Analyst's Opinion Consensus RatingPennyMac Financial Services has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $69.50, PennyMac Financial Services has a forecasted upside of 22.0% from its current price of $56.98.Amount of Analyst CoveragePennyMac Financial Services has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.14% of the float of PennyMac Financial Services has been sold short.Short Interest Ratio / Days to CoverPennyMac Financial Services has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in PennyMac Financial Services has recently increased by 6.48%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldPennyMac Financial Services pays a meaningful dividend of 1.39%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPennyMac Financial Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PennyMac Financial Services is 9.54%. 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 7.63% next year. This indicates that PennyMac Financial Services will be able to sustain or increase its dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePennyMac Financial Services has received a 20.89% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", and "Mortgages provided by online banks" products. See details.Environmental SustainabilityThe Environmental Impact score for PennyMac Financial Services is -1.38. Previous Next 1.0 News and Social Media Coverage News SentimentPennyMac Financial Services has a news sentiment score of -0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for PennyMac Financial Services this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 3 people have added PennyMac Financial Services to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 3.3 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 $7,091,976.00 in company stock.Percentage Held by Insiders18.00% of the stock of PennyMac Financial Services is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions67.03% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for PennyMac Financial Services are expected to grow by 55.03% in the coming year, from $6.76 to $10.48 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennyMac Financial Services is 6.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.44.Price to Earnings Ratio vs. SectorThe P/E ratio of PennyMac Financial Services is 6.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 141.63.Price to Book Value per Share RatioPennyMac Financial Services has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PennyMac Financial Services (NYSE:PFSI) StockPennyMac Financial Services, Inc. operates as a holding company, which 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 is involved in 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.Read More Receive PFSI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PennyMac Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address PFSI Stock News HeadlinesMarch 20, 2023 | americanbankingnews.comAnalysts Set PennyMac Financial Services, Inc. (NYSE:PFSI) Target Price at $70.40March 14, 2023 | markets.businessinsider.comBTIG Keeps Their Buy Rating on PennyMac Financial (PFSI)March 29, 2023 | Investing Daily (Ad)A 100% Win Rate In 2022…The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. March 9, 2023 | finance.yahoo.comPennymac Announces Organizational ChangesMarch 2, 2023 | businesswire.comPennyMac Financial Services, Inc. Announces Doug Jones Joined Its Board of DirectorsFebruary 17, 2023 | finance.yahoo.comHere's What Saved the Day for PennyMac Financial Services InvestorsFebruary 5, 2023 | finance.yahoo.comPennyMac Financial Services, Inc. (NYSE:PFSI) Q4 2022 Earnings Call TranscriptFebruary 2, 2023 | finance.yahoo.comPennyMac Financial Services, Inc. Reports Fourth Quarter and Full-Year 2022 ResultsMarch 29, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …February 2, 2023 | finance.yahoo.comPennyMac Financial (PFSI) Q4 Earnings and Revenues Beat EstimatesFebruary 2, 2023 | finance.yahoo.comPennyMac Mortgage (PMT) Reports Q4 Loss, Misses Revenue EstimatesJanuary 26, 2023 | finance.yahoo.comPennyMac Financial Services, Inc. Announces Date for Release of Fourth Quarter and Full-Year 2022 ResultsJanuary 6, 2023 | benzinga.comWhat To Know About Barclays's Downgrade of PennyMac Financial ServsDecember 17, 2022 | finance.yahoo.comThings Could Be Looking Up for PennyMac Financial Services. Here's Why.December 6, 2022 | markets.businessinsider.comWhere PennyMac Financial Servs Stands With AnalystsDecember 6, 2022 | markets.businessinsider.com5 Analysts Have This to Say About PennyMac Financial ServsDecember 1, 2022 | finance.yahoo.com3 Promising Stocks From the Mortgage & Related Services Industry (Revised)November 30, 2022 | finance.yahoo.comIs PennyMac Financial Services (PFSI) a Great Value Stock Right Now?November 11, 2022 | msn.comShould Value Investors Buy PennyMac Financial Services (PFSI) Stock?November 9, 2022 | nasdaq.comZacks Industry Outlook Highlights UWM Holding, PennyMac Financial Services and Sixth Street Specialty LendingNovember 8, 2022 | finance.yahoo.comPennyMac Financial Services Third Quarter 2022 Earnings: Beats ExpectationsNovember 8, 2022 | finance.yahoo.com3 Promising Stocks From the Mortgage & Related Services IndustryNovember 5, 2022 | finance.yahoo.comShould You Buy PennyMac Financial Services, Inc. (NYSE:PFSI) For Its Upcoming Dividend?October 31, 2022 | finance.yahoo.comPennyMac Financial Services (NYSE:PFSI) Has Announced A Dividend Of $0.20October 30, 2022 | seekingalpha.comPennyMac Financial Services, Inc. (PFSI) Q3 2022 Earnings Call TranscriptOctober 29, 2022 | marketwatch.comPennyMac Financial Services Shares Up 17% on 3Q Earnings BeatOctober 29, 2022 | finance.yahoo.comWhy Shares of PennyMac Financial Services Popped TodaySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PFSI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PennyMac Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address PFSI Company Calendar Last Earnings2/02/2023Ex-Dividend for 2/24 Dividend2/13/2023Dividend Payable2/24/2023Today3/29/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Mortgage bankers & correspondents Sub-IndustryN/A SectorFinance Current SymbolNYSE:PFSI CUSIPN/A CIK1568669 Webwww.pennymacfinancial.com Phone(818) 224-7442FaxN/AEmployees4,000Year Founded2008Price Target and Rating Average Stock Price Forecast$69.50 High Stock Price Forecast$82.00 Low Stock Price Forecast$60.00 Forecasted Upside/Downside+22.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$8.39 Trailing P/E Ratio6.79 Forward P/E Ratio8.43 P/E GrowthN/ANet Income$475.51 million Net Margins23.95% Pretax Margin33.50% Return on Equity14.00% Return on Assets3.12% Debt Debt-to-Equity Ratio1.46 Current Ratio0.55 Quick Ratio0.55 Sales & Book Value Annual Sales$1.99 billion Price / Sales1.44 Cash Flow$11.00 per share Price / Cash Flow5.18 Book Value$69.44 per share Price / Book0.82Miscellaneous Outstanding Shares50,030,000Free Float41,027,000Market Cap$2.85 billion OptionableOptionable Beta1.49 Social Links Key ExecutivesDavid A. SpectorChairman & Chief Executive OfficerDoug JonesPresident & DirectorDaniel Stanley PerottiChief Financial Officer & Senior Managing DirectorLior OfirChief Information Officer & Senior MDVandad FartajChief Investment Officer & Senior MDKey CompetitorsSLMNASDAQ:SLMVirtu FinancialNASDAQ:VIRTCommunity Bank SystemNYSE:CBUUMB FinancialNASDAQ:UMBFJackson FinancialNYSE:JXNView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 1,416 shares on 3/23/2023Ownership: 0.028%Daniel Stanley PerottiSold 2,523 sharesTotal: $144,138.99 ($57.13/share)David SpectorSold 15,000 sharesTotal: $925,350.00 ($61.69/share)David SpectorSold 26,169 sharesTotal: $1.59 M ($60.64/share)Steven Richard BaileySold 13,604 sharesTotal: $825,762.80 ($60.70/share)View All Insider TransactionsView All Institutional Transactions PFSI Stock - Frequently Asked Questions Should I buy or sell PennyMac Financial Services stock right now? 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. What is PennyMac Financial Services' stock price forecast for 2023? 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. How have PFSI shares performed in 2023? 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. View the best growth stocks for 2023 here. When is PennyMac Financial Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our PFSI earnings forecast. How were PennyMac Financial Services' earnings last quarter? 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%. 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, 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. What ETFs hold PennyMac Financial Services' stock? 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). Is PennyMac Financial Services a good dividend stock? 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. 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), Block (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 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. How do I buy shares of PennyMac Financial Services? 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. Compare Top Brokerages Here. What is PennyMac Financial Services' stock price today? One share of PFSI stock can currently be purchased for approximately $56.98. How much money does PennyMac Financial Services make? 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. How many employees does PennyMac Financial Services have? The company employs 4,000 workers across the globe. How can I contact PennyMac Financial Services? 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. This page (NYSE:PFSI) was last updated on 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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