PennyMac Financial Services (PFSI) Stock Forecast & Price Target

$101.09

-0.71 (-0.70%)

(As of 07/19/2024 ET)

PennyMac Financial Services - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for PennyMac Financial Services in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 1 has given a hold rating, and 5 have given a buy rating for PFSI.

Consensus Price Target

$102.33
1.23% Upside

High Forecast	$112.00
Average Forecast	$102.33
Low Forecast	$85.00

According to the 6 analysts' twelve-month price targets for PennyMac Financial Services, the average price target is $102.33. The highest price target for PFSI is $112.00, while the lowest price target for PFSI is $85.00. The average price target represents a forecasted upside of 1.23% from the current price of $101.09.

Type	Current Forecast 7/21/23 to 7/20/24	1 Month Ago 6/21/23 to 6/20/24	3 Months Ago 4/22/23 to 4/21/24	1 Year Ago 7/21/22 to 7/21/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	3 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$102.33	$97.75	$98.13	$80.60
Forecasted Upside	1.23% Upside	19.44% Upside	19.71% Upside	21.59% Upside

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PFSI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PFSI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

PennyMac Financial Services Stock vs. The Competition

Type	PennyMac Financial Services	Finance Companies	S&P 500
Consensus Rating Score	2.83	2.45	2.51
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	1.23% Upside	37.78% Upside	10.04% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
7/10/2024	Keefe, Bruyette & Woods 4 of 5 stars	Boost Target	Outperform ➝ Outperform	$100.00 ➝ $102.00	+12.11%
4/25/2024	Deutsche Bank Aktiengesellschaft 2 of 5 stars	Lower Target	Buy ➝ Buy	$115.00 ➝ $112.00	+31.53%
4/25/2024	Wedbush 3 of 5 stars	Reiterated Rating	Outperform ➝ Outperform	$110.00	+19.47%
4/9/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$103.00 ➝ $112.00	+24.28%
12/6/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$85.00	+5.96%
10/27/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$90.00 ➝ $93.00	+37.19%
Get the Latest News and Ratings for PFSI and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for PennyMac Financial Services and its competitors with MarketBeat's FREE daily newsletter.
7/18/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$65.00 ➝ $85.00	+11.74%
7/17/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$85.00	+15.27%
1/18/2023	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
12/6/2022	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$54.00 ➝ $75.00	+31.37%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:02 PM ET.

PFSI Forecast - Frequently Asked Questions

What is PennyMac Financial Services' forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for PennyMac Financial Services is $102.33, with a high forecast of $112.00 and a low forecast of $85.00.
Should I buy or sell PennyMac Financial Services stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PennyMac Financial Services in the last twelve months. There is currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PFSI shares.
Does PennyMac Financial Services's stock price have much upside?: According to analysts, PennyMac Financial Services's stock has a predicted upside of 21.26% based on their 12-month stock forecasts.
What analysts cover PennyMac Financial Services?: PennyMac Financial Services has been rated by research analysts at Deutsche Bank Aktiengesellschaft, Keefe, Bruyette & Woods, and Wedbush in the past 90 days.
Do Wall Street analysts like PennyMac Financial Services more than its competitors?: Analysts like PennyMac Financial Services more than other "finance" companies. The consensus rating for PennyMac Financial Services is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how PFSI compares to other companies.