PennyMac Financial Services, Inc. (PFSI)

NYSE: PFSI · Real-Time Price · USD
104.94
-4.38 (-4.01%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-4.01%
Market Cap 5.37B
Revenue (ttm) 1.92B
Net Income (ttm) 193.59M
Shares Out 51.19M
EPS (ttm) 3.66
PE Ratio 28.70
Forward PE 8.50
Dividend $0.90 (0.86%)
Ex-Dividend Date Aug 13, 2024
Volume 302,444
Open 109.16
Previous Close 109.32
Day's Range 104.74 - 109.16
52-Week Range 62.15 - 119.13
Beta 1.77
Analysts Buy
Price Target 104.63 (-0.3%)
Earnings Date Oct 22, 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 3,914
Stock Exchange NYSE
Ticker Symbol PFSI
Full Company Profile

Financial Performance

In 2023, PFSI's revenue was $2.01 billion, an increase of 23.16% compared to the previous year's $1.63 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 $104.63, which is a decrease of -0.30% from the latest price.

Price Target
$104.63
(-0.30% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended September 30, 2024, in a news release to be issued after the marke...

6 days 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 William Chang is stepping down from hi...

Other symbols: PMT
18 days ago - Business Wire

PennyMac Financial Services, Inc. Announces Changes to Its Board of Directors

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that Sunil Chandra, a technology and financial services expert, has joined its Board of Direct...

6 weeks ago - Business Wire

PennyMac Mortgage Investment Trust to Present at the 2024 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 2024 B...

Other symbols: PMT
7 weeks ago - Business Wire

PennyMac Financial Services, Inc. to Present at the 2024 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 2024 B...

Other symbols: PMT
7 weeks ago - Business Wire

PennyMac Financial Services, Inc. (PFSI) Q2 2024 Earnings Call Transcript

PennyMac Financial Services, Inc. (NYSE:PFSI) Q2 2024 Earnings Conference Call July 23, 2024 5:00 PM ET Company Participants David Spector - Chairman & Chief Executive Officer Dan Perotti - Chief Fin...

3 months ago - Seeking Alpha

PennyMac Financial Services, Inc. Reports Second Quarter 2024 Results and Increases Quarterly Dividend

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $98.3 million for the second quarter of 2024, or $1.85 per share on a diluted bas...

3 months ago - Business Wire

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

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended June 30, 2024, in a news release to be issued after the market clo...

3 months ago - Business Wire

Pennymac to Aid U.S. Army Veteran Career Transitions by Joining Forces with PaYS Program

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (“Pennymac”), today announced its participation in the U.S. Army Partnership for Your Success (PaYS) program. ...

3 months ago - Business Wire

PennyMac Financial Services, Inc. Announces Pricing of 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 the pricing of its previously announced offering of $650 ...

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. (PFSI) Q1 2024 Earnings Call Transcript

PennyMac Financial Services, Inc. (NYSE:PFSI) Q1 2024 Earnings Conference Call April 24, 2024 5:00 PM ET Company Participants David Spector - Chairman and CEO Dan Perotti - Chief Financial Officer Co...

6 months ago - Seeking Alpha

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 months 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...

6 months 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 ...

8 months ago - Business Wire

PennyMac Financial Services, Inc. (PFSI) Q4 2023 Earnings Call Transcript

PennyMac Financial Services, Inc. (PFSI) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

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...

9 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...

9 months ago - Business Wire

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 ...

11 months ago - Business Wire

PennyMac Financial Services, Inc. (PFSI) Q3 2023 Earnings Call Transcript

PennyMac Financial Services, Inc. (NYSE:PFSI) Q3 2023 Earnings Conference Call October 26, 2023 5:00 PM ET Company Participants David Spector - Chairman & Chief Executive Officer Dan Perotti - Chief ...

1 year ago - Seeking Alpha

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...

1 year 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...

1 year 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...

1 year 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
1 year ago - Barrons

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
1 year ago - Business Wire