PennyMac Financial Services, Inc. (PFSI)

NYSE: PFSI · IEX Real-Time Price · USD
79.78
+1.99 (2.56%)
Dec 1, 2023, 4:00 PM EST - Market closed
2.56%
Market Cap 3.98B
Revenue (ttm) 1.38B
Net Income (ttm) 219.12M
Shares Out 49.93M
EPS (ttm) 4.26
PE Ratio 18.73
Forward PE 9.13
Dividend $0.80 (1.00%)
Ex-Dividend Date Nov 10, 2023
Volume 224,827
Open 77.67
Previous Close 77.79
Day's Range 77.08 - 79.98
52-Week Range 54.00 - 82.92
Beta 1.52
Analysts Buy
Price Target 82.75 (+3.72%)
Earnings Date Feb 1, 2024

About PFSI

PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. It operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. It sources first-lien residential conventional and government-insured or guaranteed mortgage loans. The Servicing segment engages in the servicing of newly originated loans, and execution and management of early buyout transa... [Read more]

Sector Financials
IPO Date May 9, 2013
Employees 4,000
Stock Exchange NYSE
Ticker Symbol PFSI
Full Company Profile

Financial Performance

In 2022, PFSI's revenue was $1.99 billion, a decrease of -37.31% compared to the previous year's $3.17 billion. Earnings were $475.51 million, a decrease of -52.61%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for PFSI stock is "Buy." The 12-month stock price forecast is $82.75, which is an increase of 3.72% from the latest price.

Price Target
$82.75
(3.72% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PennyMac Financial Services, Inc. Reports Third Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $92.9 million for the third quarter of 2023, or $1.77 per share on a diluted basi...

5 weeks ago - Business Wire

PennyMac Financial Services, Inc. Announces Date for Release of Third Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended September 30, 2023, in a news release to be issued after the marke...

6 weeks ago - Business Wire

KBRA Releases Surveillance Report for Private National Mortgage Acceptance Company, LLC

NEW YORK--(BUSINESS WIRE)-- #KBRA--On August 18, 2023, KBRA affirmed the issuer rating of BBB- for Private National Mortgage Acceptance Company, LLC (PNMAC). The Outlook for the rating is Stable. PNMA...

3 months ago - Business Wire

Investors in This REIT Got a ‘Nasty' Surpise. Why It Pays to Read the Fine Print.

Investors in PennyMac's fixed-to-floating-rate preferred shares probably didn't expect the REIT to adhere strictly to the contract when Libor ceased to exist.

Other symbols: PMT
3 months ago - Barrons

PennyMac Financial Services, Inc. to Present at the 2023 Barclays Global Financial Services Conference

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that it will present jointly with PennyMac Mortgage Investment Trust (NYSE: PMT) at the 2023 B...

Other symbols: PMT
3 months ago - Business Wire

PennyMac Mortgage Investment Trust to Present at the 2023 Barclays Global Financial Services Conference

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that it will present jointly with PennyMac Financial Services, Inc. (NYSE: PFSI) at the 2023 B...

Other symbols: PMT
3 months ago - Business Wire

PennyMac Financial Services, Inc. Reports Second Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $58.3 million for the second quarter of 2023, or $1.11 per share on a diluted bas...

4 months ago - Business Wire

PennyMac Financial Services, Inc. Announces Date for Release of Second Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended June 30, 2023 in a news release to be issued after the market clos...

5 months ago - Business Wire

PennyMac Financial Services, Inc. Reports First Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $30.4 million for the first quarter of 2023, or $0.57 per share on a diluted basi...

7 months ago - Business Wire

PennyMac Financial Services, Inc. Announces Date for Release of First Quarter 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended March 31, 2023 in a news release to be issued after the market clo...

8 months ago - Business Wire

Pennymac Announces Organizational Changes

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that Vandy Fartaj is stepping down from his...

Other symbols: PMT
9 months ago - Business Wire

PennyMac Financial Services, Inc. Announces Doug Jones Joined Its Board of Directors

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that Doug Jones, President and Chief Mortgage Banking Officer, joined its Board of Directors e...

9 months ago - Business Wire

PennyMac Financial Services, Inc. Reports Fourth Quarter and Full-Year 2022 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $37.6 million for the fourth quarter of 2022, or $0.71 per share on a diluted b...

10 months ago - Business Wire

PennyMac Financial Services, Inc. Announces Date for Release of Fourth Quarter and Full-Year 2022 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter and year ended December 31, 2022 in a news release to be issued after ...

11 months ago - Business Wire

9 Best Stocks for Rising Interest Rates

The Federal Reserve has been aggressive in its rate hiking, and it's likely not done yet. Here are nine of the best stocks for rising interest rates.

Other symbols: AMGENBFICOFSLRHBILWMCK
11 months ago - Kiplinger

Pennymac Commemorates a Milestone Anniversary

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI), PennyMac Mortgage Investment Trust (NYSE: PMT) and their affiliates (collectively “Pennymac”) announced tod...

Other symbols: PMT
11 months ago - Business Wire

PennyMac Financial Services, Inc. Reports Third Quarter 2022 Results

WESTLAKE VILLAGE, Calif.

1 year ago - Business Wire

Pennymac TPO Introduces POWER+, the Next Generation in Broker Technology

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac) announced today the launch of POWER+ by Pennymac TPO, its next generation broker technology platfor...

1 year ago - Business Wire

Fintech Executive Jerry Halbrook Joins Pennymac's Leadership Team as Chief Mortgage Innovation Officer

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac) announced today the appointment of Jerry Halbrook as the organization's Chief Mortgage Innovation O...

1 year ago - Business Wire

PennyMac Mortgage Investment Trust to Present at the 2022 Barclays Global Financial Services Conference

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that it will present jointly with PennyMac Financial Services, Inc. (NYSE: PFSI) at the 2022 B...

Other symbols: PMT
1 year ago - Business Wire

PennyMac Financial Services, Inc. to Present at the 2022 Barclays Global Financial Services Conference

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that it will present jointly with PennyMac Mortgage Investment Trust (NYSE: PMT) at the 2022 B...

Other symbols: PMT
1 year ago - Business Wire

PennyMac Financial Services, Inc. Reports Second Quarter 2022 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $129.2 million for the second quarter of 2022, or $2.28 per share on a diluted ba...

1 year ago - Business Wire

PennyMac Financial Services, Inc. Announces Date for Release of Second Quarter 2022 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended June 30, 2022 in a news release to be issued after the market clos...

1 year ago - Business Wire

PennyMac Financial Services, Inc. Reports First Quarter 2022 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $173.6 million for the first quarter of 2022, or $2.94 per share on a diluted bas...

1 year ago - Business Wire