PennyMac Financial Services Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PennyMac Financial Services stock.
View analyst ratings for PennyMac Financial Services or view top-rated stocks.

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PennyMac Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for PennyMac Financial Services.

PennyMac Financial Services, Inc. (NYSE:PFSI) posted its earnings results on Thursday, May, 6th. The real estate investment trust reported $5.15 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $5.79 by $0.64. The real estate investment trust earned $944.69 million during the quarter, compared to the consensus estimate of $982.06 million. PennyMac Financial Services had a net margin of 43.72% and a trailing twelve-month return on equity of 55.61%. PennyMac Financial Services's revenue was up 30.9% on a year-over-year basis. During the same period in the previous year, the business earned $3.73 EPS.
View PennyMac Financial Services' earnings history.

PennyMac Financial Services' stock was trading at $34.68 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PFSI shares have increased by 84.2% and is now trading at $63.87.
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PennyMac Financial Services declared a quarterly dividend on Thursday, May 6th. Investors of record on Monday, May 17th will be given a dividend of $0.20 per share on Thursday, May 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Friday, May 14th.
View PennyMac Financial Services' dividend history.

PennyMac Financial Services pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.27%. PennyMac Financial Services does not yet have a strong track record of dividend growth. The dividend payout ratio of PennyMac Financial Services is 3.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PennyMac Financial Services will have a dividend payout ratio of 6.94% next year. This indicates that PennyMac Financial Services will be able to sustain or increase its dividend.
View PennyMac Financial Services' dividend history.

8 equities research analysts have issued twelve-month price targets for PennyMac Financial Services' stock. Their forecasts range from $70.00 to $97.00. On average, they expect PennyMac Financial Services' share price to reach $81.86 in the next year. This suggests a possible upside of 28.2% from the stock's current price.
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Some companies that are related to PennyMac Financial Services include UWM Holdings Co. Class (UWMC), Home Point Capital (HMPT), Finance Of America Companies (FOA), Ocwen Financial (OCN), Farmhouse (FMHS), Mopals.com (PALS) and PSM HOLDINGS IN/SH (PSMH).
View all of PFSI's competitors.

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), Square (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 variety of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (7.07%), BlackRock Inc. (5.29%), Geode Capital Management LLC (0.98%), Northern Trust Corp (0.87%), JPMorgan Chase & Co. (0.84%) and Boston Partners (0.77%). Company insiders that own PennyMac Financial Services stock include Andrew S Chang, Anne Mccallion, David M Walker, David Spector, Doug Jones, Emily Ann Youssouf, Farhad Nanji, Jeffrey Grogin, Joseph F Mazzella, Kurland Family Investments, Ll, Matthew Botein, Mfn Partners, Lp, Patrick Kinsella and Stanford L Kurland.
View institutional ownership trends for PennyMac Financial Services.

PFSI stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Price T Rowe Associates Inc. MD, Arrowstreet Capital Limited Partnership, Renaissance Technologies LLC, Morgan Stanley, Northern Trust Corp, Professional Planning, and Grantham Mayo Van Otterloo & Co. LLC. Company insiders that have sold PennyMac Financial Services company stock in the last year include Anne Mccallion, David M Walker, David Spector, Doug Jones, Emily Ann Youssouf, Farhad Nanji, Jeffrey Grogin, Joseph F Mazzella, Kurland Family Investments, Ll, Matthew Botein, Patrick Kinsella, and Stanford L Kurland.
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PFSI stock was purchased by a variety of institutional investors in the last quarter, including Great Lakes Advisors LLC, Boston Partners, JPMorgan Chase & Co., Russell Investments Group Ltd., Goldman Sachs Group Inc., Acadian Asset Management LLC, Assenagon Asset Management S.A., and Amundi Asset Management US Inc.. Company insiders that have bought PennyMac Financial Services stock in the last two years include Andrew S Chang, Farhad Nanji, Mfn Partners, Lp, and Patrick Kinsella.
View insider buying and selling activity for PennyMac Financial Services or or view top insider-buying stocks.

Shares of PFSI 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 $63.87.

PennyMac Financial Services has a market capitalization of $4.26 billion and generates $3.71 billion in revenue each year. The real estate investment trust earns $1.65 billion in net income (profit) each year or $20.92 on an earnings per share basis.

PennyMac Financial Services employs 4,000 workers across the globe.

The official website for PennyMac Financial Services is www.pennymacfinancial.com.

PennyMac Financial Services is headquartered at 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA, 91361.

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]