PennyMac Financial Services, Inc. (PFSI)

NYSE: PFSI · IEX Real-Time Price · USD
85.64
-1.76 (-2.01%)
Apr 30, 2024, 4:00 PM EDT - Market closed
-2.01%
Market Cap 4.32B
Revenue (ttm) 1.40B
Net Income (ttm) 144.66M
Shares Out 50.43M
EPS (ttm) 2.74
PE Ratio 31.26
Forward PE 8.06
Dividend $0.80 (0.93%)
Ex-Dividend Date May 13, 2024
Volume 215,780
Open 86.92
Previous Close 87.40
Day's Range 85.53 - 87.37
52-Week Range 56.16 - 94.78
Beta 1.68
Analysts Buy
Price Target 97.13 (+13.42%)
Earnings Date Apr 24, 2024

About 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 l... [Read more]

Sector Financials
IPO Date May 9, 2013
Employees 3,900
Stock Exchange NYSE
Ticker Symbol PFSI
Full Company Profile

Financial Performance

In 2023, PFSI's revenue was $1.40 billion, a decrease of -29.41% compared to the previous year's $1.99 billion. Earnings were $144.66 million, a decrease of -69.58%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for PFSI stock is "Buy." The 12-month stock price forecast is $97.13, which is an increase of 13.42% from the latest price.

Price Target
$97.13
(13.42% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PennyMac Financial Services, Inc. Reports First Quarter 2024 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $39.3 million for the first quarter of 2024, or $0.74 per share on a diluted basi...

6 days ago - Business Wire

PennyMac Financial Services, Inc. Announces Date for Release of First Quarter 2024 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended March 31, 2024, in a news release to be issued after the market cl...

13 days ago - Business Wire

Pennymac Promotes Senior Executives and Invests in its Servicing and Digital Future

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (“Pennymac”), today announced the promotions of Jim Follette to Chief Digital Officer and Mike Hogan to Chief ...

2 months ago - Business Wire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against PennyMac Financial Services, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in PennyMac Finan...

3 months ago - Accesswire

PennyMac Financial Services, Inc. Reports Fourth Quarter and Full-Year 2023 Results

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported a net loss of $36.8 million for the fourth quarter of 2023, or $(0.74) per share on a diluted b...

3 months ago - Business Wire

PennyMac Financial Services, Inc. Announces Date for Release of Fourth Quarter and Full-Year 2023 Results

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

3 months ago - Business Wire

IMPORTANT INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against PennyMac Financial Services, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in PennyMac Finan...

3 months ago - Accesswire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against PennyMac Financial Services, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in PennyMac Finan...

3 months ago - Accesswire

PennyMac Financial Services, Inc. Announces Upsizing and Pricing of Private Offering of $750 Million of Senior Notes

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and its subsidiaries (the “Company”) today announced the pricing of its previously announced offering of $750 ...

5 months ago - Business Wire

PennyMac Financial Services, Inc. Announces Proposed Private Offering of $650 Million of Senior Notes

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and its subsidiaries (the “Company”) today announced that it intends to offer $650 million aggregate principal...

5 months ago - Business Wire

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...

6 months 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 months 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...

8 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
8 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
8 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
8 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...

9 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...

10 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...

1 year 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...

1 year 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
1 year 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...

1 year 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...

1 year 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 ...

1 year 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
1 year ago - Kiplinger