PennyMac Financial Services, Inc. a specialty financial services company, engages in the mortgage banking and investment management activities in the United States. It is involved in the origination, acquisition, and sale of mortgage loans. The company originates first-lien residential conventional and government-insured or guaranteed mortgage loans to allow customers to purchase or refinance their homes. It also engages in the servicing of newly originated mortgage loans, and execution and management of early buyout loans. The company 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, as well as services conventional and government-insured or guaranteed loans; and distressed mortgage loans. In addition, the company 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 for the advised entities. PennyMac Financial Services, Inc. was founded in 2008 and is based in Westlake Village, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Mortgage bankers & correspondents
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:PFSI
Previous Symbol
CUSIPN/A
Phone818-224-7442
Debt
Debt-to-Equity Ratio1.27
Current Ratio0.18
Quick Ratio0.18
Price-To-Earnings
Trailing P/E Ratio9.88
Forward P/E Ratio8.70
P/E Growth0.88
Sales & Book Value
Annual Sales$955.46 million
Price / Sales0.58
Cash Flow$14.3856 per share
Price / Cash Flow1.53
Book Value$73.09 per share
Price / Book0.30
Profitability
EPS (Most Recent Fiscal Year)$2.20
Net Income$100.75 million
Net Margins10.78%
Return on Equity3.66%
Return on Assets0.93%
Miscellaneous
Employees3,189
Outstanding Shares25,200,000
Market Cap$561.20 million
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 declared a special dividend on Friday, August 3rd. Stockholders 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 declared that its Board of Directors has initiated a stock buyback plan on Thursday, June 22nd 2017, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 137% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.
How were PennyMac Financial Services' earnings last quarter?
PennyMac Financial Services Inc (NYSE:PFSI) announced its quarterly earnings data on Thursday, November, 1st. The real estate investment trust reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.01. The real estate investment trust earned $250.93 million during the quarter, compared to the consensus estimate of $232.08 million. PennyMac Financial Services had a return on equity of 3.66% and a net margin of 10.78%. View PennyMac Financial Services' Earnings History.
When is PennyMac Financial Services' next earnings date?
What price target have analysts set for PFSI?
5 brokerages have issued 12-month price objectives for PennyMac Financial Services' shares. Their forecasts range from $21.00 to $30.00. On average, they anticipate PennyMac Financial Services' stock price to reach $24.25 in the next year. This suggests a possible upside of 10.2% from the stock's current price. View Analyst Price Targets for PennyMac Financial Services.
What is the consensus analysts' recommendation for PennyMac Financial Services?
5 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 3 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?
Press coverage about PFSI stock has been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PennyMac Financial Services earned a media sentiment score of 2.3 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 news coverage is extremely unlikely to have an impact on the company's share price in the immediate future.
Who are some of PennyMac Financial Services' key competitors?
Some companies that are related to PennyMac Financial Services include Xenia Hotels & Resorts (XHR), Washington Federal (WAFD), Metro Bank (MBNKF), Realogy (RLGY), WesBanco (WSBC), Urban Edge Properties (UE), Centerstate Bank (CSFL), ProAssurance (PRA), Brookfield Property Reit (BPR), Ares Management LP Unit (ARES), Moelis & Co (MC), Genworth Financial (GNW), Colony Credit Real Estate (CLNC), Washington Real Estate Investment Trust (WRE) and Agree Realty (ADC).
Who are PennyMac Financial Services' key executives?
PennyMac Financial Services' management team includes the folowing people:
- Mr. Stanford Lee Kurland, Exec. Chairman (Age 66)
- Mr. David A. Spector, Pres, CEO & Director (Age 55)
- Mr. Andrew S. Chang, Sr. MD & CFO (Age 41)
- Mr. Vandad Fartaj, Chief Capital Markets Officer & Sr. MD (Age 43)
- Mr. Douglas Jones, Sr. MD & Chief Mortgage Banking Officer (Age 61)
Who are PennyMac Financial Services' major shareholders?
PennyMac Financial Services' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.54%), Morgan Stanley (6.74%), Dimensional Fund Advisors LP (3.14%), Man Group plc (1.11%), Alliancebernstein L.P. (0.83%) and Hennessy Advisors Inc. (0.59%). Company insiders that own PennyMac Financial Services stock include Andrew S Chang, Anne Mccallion, Daniel Stanley Perotti, David M Walker, David Spector, Doug Jones, Gregory L Hendry, Jeffrey Grogin, Matthew Botein, Stanford L Kurland, Steven Richard Bailey 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 Renaissance Technologies LLC, Man Group plc, ClariVest Asset Management LLC, Nordea Investment Management AB, Morgan Stanley, Wells Fargo & Company MN, AQR Capital Management LLC and Hennessy Advisors Inc.. Company insiders that have sold PennyMac Financial Services company stock in the last year 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 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 Systematic Financial Management LP, Vanguard Group Inc., Martingale Asset Management L P, Alliancebernstein L.P., Franklin Resources Inc., Tokio Marine Asset Management Co. Ltd., Trexquant Investment LP and PNC Financial Services Group Inc.. 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 $22.01.
How big of a company is PennyMac Financial Services?
PennyMac Financial Services has a market capitalization of $561.20 million and generates $955.46 million in revenue each year. The real estate investment trust earns $100.75 million in net income (profit) each year or $2.20 on an earnings per share basis. PennyMac Financial Services employs 3,189 workers across the globe.
What is PennyMac Financial Services' official website?
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)
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.
