PennyMac Financial Services - PFSI Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PFSI shares.
View PFSI analyst ratings or view top-rated stocks.

5 analysts have issued twelve-month price objectives for PennyMac Financial Services' stock. Their PFSI share price forecasts range from $60.00 to $79.00. On average, they expect the company's stock price to reach $68.60 in the next year. This suggests a possible upside of 42.0% 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 $69.78 on January 1st, 2022. Since then, PFSI shares have decreased by 30.8% and is now trading at $48.30.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our PFSI earnings forecast.

PennyMac Financial Services, Inc. (NYSE:PFSI) released its quarterly earnings results on Tuesday, August, 2nd. The real estate investment trust reported $2.28 EPS for the quarter, beating analysts' consensus estimates of $1.22 by $1.06. The real estate investment trust had revenue of $511.52 million for the quarter, compared to analysts' expectations of $475.70 million. PennyMac Financial Services had a trailing twelve-month return on equity of 23.04% and a net margin of 27.37%.

PennyMac Financial Services declared a quarterly dividend on Tuesday, August 2nd. Investors of record on Tuesday, August 16th will be given a dividend of $0.20 per share on Friday, August 26th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Monday, August 15th.
Read our dividend analysis for PFSI.

PennyMac Financial Services (NYSE:PFSI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.62%. The company 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 is 6.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFSI will have a dividend payout ratio of 11.43% 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 a number of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (8.91%), State Street Corp (2.27%), Group One Trading L.P. (0.00%), Basswood Capital Management L.L.C. (0.90%), Northern Trust Corp (0.78%) and Millennium Management LLC (0.78%). Insiders that own company stock include Andrew S Chang, Anne Mccallion, David M Walker, David Spector, Derek Stark, 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, Stuart J Rowley and Vandad Fartaj.
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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 $48.30.

PennyMac Financial Services (NYSE:PFSI) has a market capitalization of $2.68 billion and generates $3.17 billion in revenue each year. The real estate investment trust earns $1.00 billion in net income (profit) each year or $11.81 on an earnings per share basis.

The company employs 6,900 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.