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NYSE:PFSIPennyMac Financial Services Stock Price, Forecast & News

$33.43
-1.37 (-3.94 %)
(As of 05/28/2020 04:00 PM ET)
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Today's Range
$33.30
Now: $33.43
$34.99
50-Day Range
$20.36
MA: $28.41
$34.80
52-Week Range
$13.14
Now: $33.43
$39.57
Volume604,661 shs
Average Volume901,176 shs
Market Capitalization$2.65 billion
P/E Ratio4.16
Dividend Yield1.38%
Beta1.14
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.6Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.14 out of 5 stars


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$1.48 billion
Cash Flow$12.91 per share
Book Value$29.84 per share

Profitability

Net Income$392.96 million

Miscellaneous

Employees4,215
Market Cap$2.65 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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PennyMac Financial Services (NYSE:PFSI) Frequently Asked Questions

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

PennyMac Financial Services' stock was trading at $34.68 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PFSI stock has decreased by 3.6% and is now trading at $33.43. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of PennyMac Financial Services?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for PennyMac Financial Services.

When is PennyMac Financial Services' next earnings date?

PennyMac Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for PennyMac Financial Services.

How were PennyMac Financial Services' earnings last quarter?

PennyMac Financial Services Inc (NYSE:PFSI) issued its quarterly earnings results on Thursday, May, 7th. The real estate investment trust reported $3.73 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $3.11 by $0.62. The real estate investment trust had revenue of $721.83 million for the quarter, compared to analysts' expectations of $664.45 million. PennyMac Financial Services had a return on equity of 32.19% and a net margin of 33.47%. 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 announced a quarterly dividend on Thursday, May 7th. Investors of record on Monday, May 18th will be paid a dividend of $0.12 per share on Thursday, May 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date is Friday, May 15th. View PennyMac Financial Services' dividend history.

What price target have analysts set for PFSI?

7 brokerages have issued twelve-month price targets for PennyMac Financial Services' shares. Their forecasts range from $35.00 to $44.00. On average, they expect PennyMac Financial Services' stock price to reach $38.86 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price. View analysts' price targets for PennyMac Financial Services.

Has PennyMac Financial Services been receiving favorable news coverage?

Headlines about PFSI stock have trended neutral recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PennyMac Financial Services earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutPennyMac Financial Services.

Who are some of PennyMac Financial Services' key competitors?

What other stocks do shareholders of PennyMac Financial Services own?

Who are PennyMac Financial Services' key executives?

PennyMac Financial Services' management team includes the following 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)

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 investors include BlackRock Inc. (10.50%), Senvest Management LLC (1.83%), Philadelphia Financial Management of San Francisco LLC (1.32%), Basswood Capital Management L.L.C. (1.14%), Grantham Mayo Van Otterloo & Co. LLC (1.00%) and State Street Corp (0.75%). Company insiders that own PennyMac Financial Services stock include Andrew S Chang, Anne Mccallion, David M Walker, David Spector, Doug Jones, Jeffrey Grogin, Joseph F Mazzella, Matthew Botein, Patrick Kinsella and Stanford L Kurland. 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 BlackRock Inc., Morgan Stanley, Legal & General Group Plc, Nuveen Asset Management LLC, Driehaus Capital Management LLC, IndexIQ Advisors LLC, Creative Planning, and Connor Clark & Lunn Investment Management Ltd.. Company insiders that have sold PennyMac Financial Services company stock in the last year include Anne Mccallion, David M Walker, David Spector, Doug Jones, Jeffrey Grogin, Joseph F Mazzella, Matthew Botein, and Stanford L Kurland. View insider buying and selling activity for PennyMac Financial Services.

Which major investors are buying PennyMac Financial Services stock?

PFSI stock was bought by a variety of institutional investors in the last quarter, including Philadelphia Financial Management of San Francisco LLC, Senvest Management LLC, Basswood Capital Management L.L.C., OCO Capital Partners L.P., Mesirow Financial Investment Management Equity Management, Monarch Partners Asset Management LLC, Alliancebernstein L.P., and Eagle Asset Management Inc.. Company insiders that have bought PennyMac Financial Services stock in the last two years include Andrew S Chang, and Patrick Kinsella. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is PennyMac Financial Services' stock price today?

One share of PFSI stock can currently be purchased for approximately $33.43.

How big of a company is PennyMac Financial Services?

PennyMac Financial Services has a market capitalization of $2.65 billion and generates $1.48 billion in revenue each year. The real estate investment trust earns $392.96 million in net income (profit) each year or $4.89 on an earnings per share basis. PennyMac Financial Services employs 4,215 workers across the globe.

What is PennyMac Financial Services' official website?

The official website for PennyMac Financial Services is 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]

This page was last updated on 5/29/2020 by MarketBeat.com Staff

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