NYSE:PFSI - PennyMac Financial Services Stock Price, News, & Analysis

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$22.84 +0.03 (+0.13 %)
(As of 05/19/2019 04:48 AM ET)
Previous Close$22.84
Today's Range$22.67 - $23.17
52-Week Range$18.77 - $24.50
Volume150,576 shs
Average Volume214,767 shs
Market Capitalization$1.79 billion
P/E Ratio8.82
Dividend YieldN/A
Beta0.43
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.

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Industry, Sector and Symbol

Industry Mortgage bankers & correspondents
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone818-224-7442

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$984.63 million
Cash Flow$4.1005 per share
Book Value$21.72 per share

Profitability

Net Income$87.69 million

Miscellaneous

Employees3,460
Market Cap$1.79 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

PennyMac Financial Services (NYSE:PFSI) Frequently Asked Questions

What is PennyMac Financial Services' stock symbol?

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

How often does PennyMac Financial Services pay dividends? What is the dividend yield for PennyMac Financial Services?

PennyMac Financial Services announced a special dividend on Friday, August 3rd. Investors of record on Monday, August 13th will be paid a dividend of $0.40 per share on Thursday, August 30th. The ex-dividend date is Friday, August 10th. View PennyMac Financial Services' Dividend History.

How will PennyMac Financial Services' stock buyback program work?

PennyMac Financial Services announced that its board has authorized a stock repurchase plan on Thursday, June 22nd 2017, which allows the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 137% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management believes its stock is undervalued.

How were PennyMac Financial Services' earnings last quarter?

PennyMac Financial Services Inc (NYSE:PFSI) announced its earnings results on Thursday, May, 2nd. The real estate investment trust reported $0.58 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.62 by $0.04. The real estate investment trust had revenue of $247.71 million for the quarter, compared to analysts' expectations of $246.88 million. PennyMac Financial Services had a net margin of 11.79% and a return on equity of 6.57%. View PennyMac Financial Services' Earnings History.

When is PennyMac Financial Services' next earnings date?

PennyMac Financial Services is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for PennyMac Financial Services.

What price target have analysts set for PFSI?

4 equities research analysts have issued twelve-month price targets for PennyMac Financial Services' shares. Their predictions range from $23.00 to $25.00. On average, they anticipate PennyMac Financial Services' share price to reach $24.00 in the next year. This suggests a possible upside of 5.1% from the stock's current price. View Analyst Price Targets for PennyMac Financial Services.

What is the consensus analysts' recommendation for PennyMac Financial Services?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PennyMac Financial Services.

Has PennyMac Financial Services been receiving favorable news coverage?

News headlines about PFSI stock have been trending negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. PennyMac Financial Services earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future.

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 ANNALY CAP MGMT/SH (NLY), Albemarle (ALB), Comerica (CMA), salesforce.com (CRM), Discover Financial Services (DFS), Energy Transfer Equity LP Unit (ETE), Honda Motor (HMC), JPMorgan Chase & Co. (JPM), Multi-Color (LABL) and Enbridge Energy Partners (EEP).

Who are PennyMac Financial Services' key executives?

PennyMac Financial Services' management team includes the folowing 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)

Who are PennyMac Financial Services' major shareholders?

PennyMac Financial Services' stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (1.30%), Morgan Stanley (1.24%), Long Pond Capital LP (0.97%), Geode Capital Management LLC (0.67%), BlackRock Inc. (0.60%) and Bayview Asset Management LLC (0.47%). Company insiders that own PennyMac Financial Services stock include Anne Mccallion, Daniel Stanley Perotti, David M Walker, David Spector, Doug Jones, Gregory L Hendry, Jeffrey Grogin, Matthew Botein, Stanford L Kurland and Vandad Fartaj. 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 Bayview Asset Management LLC, Assenagon Asset Management S.A., American International Group Inc., Parametric Portfolio Associates LLC, Morgan Stanley, IndexIQ Advisors LLC, Man Group plc and O Shaughnessy Asset Management LLC. Company insiders that have sold PennyMac Financial Services company stock in the last year include Anne Mccallion, David M Walker, David Spector, Matthew Botein and Stanford L Kurland. View Insider Buying and Selling 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 Long Pond Capital LP, Dimensional Fund Advisors LP, Ellington Management Group LLC, Marshall Wace LLP, Weiss Asset Management LP, Renaissance Technologies LLC, EJF Capital LLC and Geode Capital Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is PennyMac Financial Services' stock price today?

One share of PFSI stock can currently be purchased for approximately $22.84.

How big of a company is PennyMac Financial Services?

PennyMac Financial Services has a market capitalization of $1.79 billion and generates $984.63 million in revenue each year. The real estate investment trust earns $87.69 million in net income (profit) each year or $2.59 on an earnings per share basis. PennyMac Financial Services employs 3,460 workers across the globe.

What is PennyMac Financial Services' official website?

The official website for PennyMac Financial Services is http://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]


MarketBeat Community Rating for PennyMac Financial Services (NYSE PFSI)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  281 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  536
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.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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