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NYSE:PFSI

PennyMac Financial Services (PFSI) Stock Price, News & Analysis

$90.86
-0.44 (-0.48%)
(As of 05/28/2024 ET)
Today's Range
$90.16
$92.03
50-Day Range
$85.67
$94.07
52-Week Range
$60.37
$94.80
Volume
203,112 shs
Average Volume
237,608 shs
Market Capitalization
$4.63 billion
P/E Ratio
31.55
Dividend Yield
0.88%
Price Target
$97.75

PennyMac Financial Services MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
7.6% Upside
$97.75 Price Target
Short Interest
Healthy
2.25% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.38
Upright™ Environmental Score
News Sentiment
0.47mentions of PennyMac Financial Services in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$11.34 M Sold Last Quarter
Proj. Earnings Growth
18.10%
From $10.55 to $12.46 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.34 out of 5 stars

Finance Sector

251st out of 880 stocks

Mortgage Bankers & Correspondents Industry

1st out of 7 stocks

PFSI stock logo

About PennyMac Financial Services Stock (NYSE:PFSI)

PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. This segment sources residential conventional and government-insured or guaranteed mortgage loans through correspondent production, consumer direct lending, and broker direct lending. The Servicing segment performs loan servicing for both newly originated loans that are under holding for sale and loans services for others. The segment performs loan administration, collection, and default management activities, including the collection and remittance of loan payments; responds to customer inquiries; provides accounting for principal and interest; holds custodial funds for the payment of property taxes and insurance premiums; counsels delinquent borrowers; and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs. 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 acquired assets. The company was founded in 2008 and is headquartered in Westlake Village, California.

PFSI Stock Price History

PFSI Stock News Headlines

KBW Keeps Their Buy Rating on PennyMac Financial (PFSI)
Q1 2024 PennyMac Financial Services Inc Earnings Call
Pennymac posts first-quarter profit of $39M
PennyMac Financial Services, Inc. (PFSI)
PennyMac Financial Services, Inc.
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Ex-Dividend for 5/24 Dividend
5/13/2024
Dividend Payable
5/24/2024
Today
5/28/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Mortgage bankers & correspondents
Sub-Industry
N/A
Fax
N/A
Employees
3,900
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$97.75
High Stock Price Target
$112.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+7.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$144.66 million
Pretax Margin
13.48%

Debt

Sales & Book Value

Annual Sales
$1.40 billion
Cash Flow
$7.17 per share
Book Value
$70.52 per share

Miscellaneous

Free Float
42,470,000
Market Cap
$4.63 billion
Optionable
Optionable
Beta
1.68

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PFSI Stock Analysis - Frequently Asked Questions

Should I buy or sell PennyMac Financial Services stock right now?

7 Wall Street equities 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 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PFSI shares.
View PFSI analyst ratings
or view top-rated stocks.

What is PennyMac Financial Services' stock price target for 2024?

7 equities research analysts have issued 12 month target prices for PennyMac Financial Services' shares. Their PFSI share price targets range from $85.00 to $112.00. On average, they anticipate the company's stock price to reach $97.75 in the next year. This suggests a possible upside of 7.6% from the stock's current price.
View analysts price targets for PFSI
or view top-rated stocks among Wall Street analysts.

How have PFSI shares performed in 2024?

PennyMac Financial Services' stock was trading at $88.37 on January 1st, 2024. Since then, PFSI stock has increased by 2.8% and is now trading at $90.8550.
View the best growth stocks for 2024 here
.

When is PennyMac Financial Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our PFSI earnings forecast
.

How were PennyMac Financial Services' earnings last quarter?

PennyMac Financial Services, Inc. (NYSE:PFSI) released its quarterly earnings data on Wednesday, April, 24th. The real estate investment trust reported $2.48 EPS for the quarter, topping analysts' consensus estimates of $2.34 by $0.14. The real estate investment trust had revenue of $305.66 million for the quarter, compared to the consensus estimate of $422.87 million. PennyMac Financial Services had a trailing twelve-month return on equity of 10.48% and a net margin of 10.94%.

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

PennyMac Financial Services declared a quarterly dividend on Wednesday, April 24th. Investors of record on Tuesday, May 14th will be given a dividend of $0.20 per share on Friday, May 24th. This represents a $0.80 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Monday, May 13th.
Read our dividend analysis for PFSI
.

Is PennyMac Financial Services a good dividend stock?

PennyMac Financial Services (NYSE:PFSI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.88%. The dividend payout ratio is 27.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFSI will have a dividend payout ratio of 6.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PFSI.

What ETFs hold PennyMac Financial Services' stock?

ETFs with the largest weight of PennyMac Financial Services (NYSE:PFSI) stock in their portfolio include Fidelity Disruptive Finance ETF (FDFF) and JPMorgan Active Small Cap Value ETF (JPSV).JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE).

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 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).

Who are PennyMac Financial Services' major shareholders?

PennyMac Financial Services' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.19%), Epoch Investment Partners Inc. (0.68%), Boston Partners (0.61%), Principal Financial Group Inc. (0.30%), Jacobs Levy Equity Management Inc. (0.27%) and Price T Rowe Associates Inc. MD (0.22%). Insiders that own company stock include Anne Mccallion, Daniel Stanley Perotti, David Spector, Derek Stark, Donald J White, Doug Jones, Farhad Nanji, Gregory L Hendry, James Follette, James K Hunt, Joseph F Mazzella, Kurland Family Investments, Ll, Mfn Partners, Lp, Patrick Kinsella, Steven Richard Bailey, Stuart J Rowley, Vandad Fartaj and William Herbert Chang.
View institutional ownership trends
.

How do I buy shares of PennyMac Financial Services?

Shares of PFSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PFSI) was last updated on 5/29/2024 by MarketBeat.com Staff

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