PennyMac Financial Posts Strong EPS PennyMac Financial Posts Strong EPS but Misses Revenue Expectations for Q2 2024
PennyMac Financial Services, Inc. (NYSE: PFSI) delivered mixed results for Q2 2024. The company reported earnings per share (EPS) of $2.67, beating analyst expectations of $2.58. However, revenue came in at $406.1 mill
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6.10 USD
311.42 M USD
3.91 B USD
48.88 M
About PennyMac Financial Services, Inc.
Sector
Industry
CEO
David A. Spector
Website
Headquarters
Westlake Village
Founded
2008
FIGI
BBG00LMYX123
PennyMac Financial Services, Inc. is a holding company, which engages in the production and servicing of U.S. residential mortgage loans. It operates through the following segments: Loan Production, Loan Servicing, and Investment Management. The Loan Production segment is sourced through three channels: correspondent production, consumer direct lending, and broker direct lending. The Loan Servicing segment performs loan administration, collection, and default management activities. The Investment Management segment currently manages PennyMac Mortgage Investment Trust. The company was founded by Stanford L. Kurland on July 2, 2008 and is headquartered in Westlake Village, CA.
PFSI is warming up for some gainsNYSE:PFSI is trading in a tight ascending triangle and was holding very well in the past few weeks when the market pulled back. The stock is about break out higher, any increase in volume will be very good sign. The stock should target 90$, stop daily close below 61.5$.
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PFSI:NYSE - PENNYMAC - Benefiting from US housing boom.As mortgage brokers PennyMac has been benefiting from the strong USA housing resurgence. Existing home sales rose by 10.5% y-o-y to a seasonally adjusted annual rate of 6 million units in August 2020, according to the National Association of Realtors (NAR). Likewise, new homes sold soared 43.2% y-
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Displays a symbol's price movements over previous years to identify recurring trends.
PFSI5715154
PennyMac Financial Services, Inc. 7.875% 15-DEC-2029Yield to maturity
7.45%
Maturity date
Dec 15, 2029
PFSI5998814
PennyMac Financial Services, Inc. 6.875% 15-FEB-2033Yield to maturity
7.28%
Maturity date
Feb 15, 2033
PFSI5815562
PennyMac Financial Services, Inc. 7.125% 15-NOV-2030Yield to maturity
6.66%
Maturity date
Nov 15, 2030
PFSI5128128
PennyMac Financial Services, Inc. 4.25% 15-FEB-2029Yield to maturity
6.34%
Maturity date
Feb 15, 2029
PFSI5062056
PennyMac Financial Services, Inc. 5.375% 15-OCT-2025Yield to maturity
6.27%
Maturity date
Oct 15, 2025
PFSI5258293
PennyMac Financial Services, Inc. 5.75% 15-SEP-2031Yield to maturity
6.11%
Maturity date
Sep 15, 2031
PFSI5051239
PennyMac Financial Services, Inc. 5.375% 15-OCT-2025Yield to maturity
5.43%
Maturity date
Oct 15, 2025
PFSI5815561
PennyMac Financial Services, Inc. 7.125% 15-NOV-2030Yield to maturity
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Maturity date
Nov 15, 2030
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Frequently Asked Questions
The current price of PFSI is 97.36 USD — it has increased by 4.51% in the past 24 hours. Watch PennyMac Financial Services, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange PennyMac Financial Services, Inc. stocks are traded under the ticker PFSI.
PFSI stock has fallen by −7.54% compared to the previous week, the month change is a −4.14% fall, over the last year PennyMac Financial Services, Inc. has showed a 10.64% increase.
We've gathered analysts' opinions on PennyMac Financial Services, Inc. future price: according to them, PFSI price has a max estimate of 141.00 USD and a min estimate of 114.00 USD. Watch PFSI chart and read a more detailed PennyMac Financial Services, Inc. stock forecast: see what analysts think of PennyMac Financial Services, Inc. and suggest that you do with its stocks.
PFSI reached its all-time high on Sep 18, 2024 with the price of 119.13 USD, and its all-time low was 10.48 USD and was reached on Feb 4, 2016. View more price dynamics on PFSI chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
PFSI stock is 5.31% volatile and has beta coefficient of 0.32. Track PennyMac Financial Services, Inc. stock price on the chart and check out the list of the most volatile stocks — is PennyMac Financial Services, Inc. there?
Today PennyMac Financial Services, Inc. has the market capitalization of 5.01 B, it has decreased by −4.09% over the last week.
Yes, you can track PennyMac Financial Services, Inc. financials in yearly and quarterly reports right on TradingView.
PennyMac Financial Services, Inc. is going to release the next earnings report on May 1, 2025. Keep track of upcoming events with our Earnings Calendar.
PFSI earnings for the last quarter are 1.95 USD per share, whereas the estimation was 3.12 USD resulting in a −37.57% surprise. The estimated earnings for the next quarter are 2.76 USD per share. See more details about PennyMac Financial Services, Inc. earnings.
PennyMac Financial Services, Inc. revenue for the last quarter amounts to 470.11 M USD, despite the estimated figure of 525.98 M USD. In the next quarter, revenue is expected to reach 520.13 M USD.
PFSI net income for the last quarter is 104.49 M USD, while the quarter before that showed 69.37 M USD of net income which accounts for 50.63% change. Track more PennyMac Financial Services, Inc. financial stats to get the full picture.
Yes, PFSI dividends are paid quarterly. The last dividend per share was 0.30 USD. As of today, Dividend Yield (TTM)% is 1.13%. Tracking PennyMac Financial Services, Inc. dividends might help you take more informed decisions.
PennyMac Financial Services, Inc. dividend yield was 0.98% in 2024, and payout ratio reached 17.13%. The year before the numbers were 0.91% and 29.16% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 15, 2025, the company has 4.1 K employees. See our rating of the largest employees — is PennyMac Financial Services, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. PennyMac Financial Services, Inc. EBITDA is 1.23 B USD, and current EBITDA margin is 31.51%. See more stats in PennyMac Financial Services, Inc. financial statements.
Like other stocks, PFSI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade PennyMac Financial Services, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So PennyMac Financial Services, Inc. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating PennyMac Financial Services, Inc. stock shows the buy signal. See more of PennyMac Financial Services, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.