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NYSE:PFSI

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

PennyMac Financial Services logo
$105.68 +1.73 (+1.66%)
(As of 11/22/2024 ET)

About PennyMac Financial Services Stock (NYSE:PFSI)

Key Stats

Today's Range
$103.91
$105.77
50-Day Range
$99.39
$116.65
52-Week Range
$76.57
$119.13
Volume
166,459 shs
Average Volume
274,491 shs
Market Capitalization
$5.42 billion
P/E Ratio
33.55
Dividend Yield
1.14%
Price Target
$115.86
Consensus Rating
Moderate Buy

Company Overview

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.

PennyMac Financial Services Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

PFSI MarketRank™: 

PennyMac Financial Services scored higher than 86% of companies evaluated by MarketBeat, and ranked 83rd out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    PennyMac Financial Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    PennyMac Financial Services has only been the subject of 4 research reports in the past 90 days.

  • Read more about PennyMac Financial Services' stock forecast and price target.
  • Earnings Growth

    Earnings for PennyMac Financial Services are expected to grow by 20.29% in the coming year, from $11.88 to $14.29 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of PennyMac Financial Services is 33.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.99.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of PennyMac Financial Services is 33.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.77.

  • Price to Book Value per Share Ratio

    PennyMac Financial Services has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about PennyMac Financial Services' valuation and earnings.
  • Percentage of Shares Shorted

    2.68% of the float of PennyMac Financial Services has been sold short.
  • Short Interest Ratio / Days to Cover

    PennyMac Financial Services has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in PennyMac Financial Services has recently decreased by 1.52%, indicating that investor sentiment is improving.
  • Dividend Yield

    PennyMac Financial Services pays a meaningful dividend of 1.14%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    PennyMac Financial Services does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of PennyMac Financial Services is 38.10%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, PennyMac Financial Services will have a dividend payout ratio of 8.40% next year. This indicates that PennyMac Financial Services will be able to sustain or increase its dividend.

  • Read more about PennyMac Financial Services' dividend.
  • Percentage of Shares Shorted

    2.68% of the float of PennyMac Financial Services has been sold short.
  • Short Interest Ratio / Days to Cover

    PennyMac Financial Services has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in PennyMac Financial Services has recently decreased by 1.52%, indicating that investor sentiment is improving.
  • News Sentiment

    PennyMac Financial Services has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for PennyMac Financial Services this week, compared to 4 articles on an average week.
  • MarketBeat Follows

    1 people have added PennyMac Financial Services to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, PennyMac Financial Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,948,749.00 in company stock.

  • Percentage Held by Insiders

    16.60% of the stock of PennyMac Financial Services is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    57.87% of the stock of PennyMac Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about PennyMac Financial Services' insider trading history.
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PFSI Stock News Headlines

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PennyMac Financial price target raised to $125 from $110 at Wells Fargo
Q3 2024 PennyMac Financial Services Inc Earnings Call
See More Headlines

PFSI Stock Analysis - Frequently Asked Questions

PennyMac Financial Services' stock was trading at $88.37 at the beginning of the year. Since then, PFSI shares have increased by 19.6% and is now trading at $105.68.
View the best growth stocks for 2024 here
.

PennyMac Financial Services, Inc. (NYSE:PFSI) released its quarterly earnings results on Tuesday, October, 22nd. The real estate investment trust reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by $1.62. PennyMac Financial Services's quarterly revenue was up 2.9% on a year-over-year basis.

PennyMac Financial Services' top institutional investors include FMR LLC (2.28%), Senvest Management LLC (1.93%), State Street Corp (1.78%) and Geode Capital Management LLC (1.26%). Insiders that own company stock include Doug Jones, Daniel Stanley Perotti, David Spector, Vandad Fartaj, Joseph F Mazzella, Gregory L Hendry, Patrick Kinsella, William Herbert Chang, James K Hunt, Derek Stark, Steven Richard Bailey, James Follette, Donald J White, Anne Mccallion, Mfn Partners, Lp and Farhad Nanji.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that PennyMac Financial Services investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

Last Earnings
10/22/2024
Ex-Dividend for 11/27 Dividend
11/18/2024
Today
11/22/2024
Dividend Payable
11/27/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/06/2025

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$115.86
High Stock Price Target
$132.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+9.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$144.66 million
Pretax Margin
14.64%

Debt

Sales & Book Value

Annual Sales
$1.40 billion
Cash Flow
$7.25 per share
Book Value
$72.95 per share

Miscellaneous

Free Float
42,749,000
Market Cap
$5.41 billion
Optionable
Optionable
Beta
1.79

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This page (NYSE:PFSI) was last updated on 11/23/2024 by MarketBeat.com Staff
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