PennyMac Financial Services, Inc. (PFSI)
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]
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 StatementsAnalyst 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.
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...

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...

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...

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.

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...

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...

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...

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...

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...

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...

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...

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...

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...

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 ...

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...

PennyMac Financial Services, Inc. Reports Third Quarter 2022 Results
WESTLAKE VILLAGE, Calif.

PennyMac Financial Services, Inc. Announces Date for Release of Third Quarter 2022 Results
WESTLAKE VILLAGE, Calif.

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...

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...

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...

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...

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...

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...

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...