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PennyMac Financial (PFSI)
NYSE:PFSI
Holding PFSI?
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PFSI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$62.15 - $117.67
Previous Close$116.56
Volume336.48K
Average Volume (3M)293.87K
Market Cap
$5.97B
Enterprise Value$7.69B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.72B
Price to Earnings (P/E)32.2
Beta1.46
Next Earnings
Oct 31, 2024EPS Estimate
$2.81Last Dividend Ex-Date
Aug 13, 2024Dividend Yield0.77%
Share Statistics
EPS (TTM)3.62
Shares Outstanding51,190,677
10 Day Avg. Volume323,059
30 Day Avg. Volume293,869
Standard Deviation0.12
R-Squared0.59
Alpha0.00810
Financial Highlights & Ratios
Price to Book (P/B)1.62
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-1.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-6.70
Enterprise Value/Gross Profit10.00T>
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$112.88Price Target Upside-2.83% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering8
PennyMac Financial News
PremiumCompany Announcements
PennyMac Financial to Present at Barclays Conference
PremiumCompany Announcements
PennyMac Financial Welcomes New Director, Bids Farewell to Veterans
Bulls Say, Bears Say
Bulls Say
DividendsThe quarterly dividend was increased by 50% to 30 cents per share.
EarningsPFSI reported 2Q24 GAAP EPS of $1.85, but core EPS was $2.67, above analysts' estimate of $2.61 and consensus of $2.60.
Stock ValuationThe stock valuation has strengthened near an all-time high of 1.4x tangible book value following an 8% rally.
Bears Say
Correspondent LocksCorrespondent locks were down -4% m/m, keep in mind its heavy purchase mix (92% in Q2) and that it declined less than the -10% purchase rate lock activity per Optimal Blue.
Production ResultsProduction results came in below expectations with weaker corresponding margins.
Stock ValuationStock valuation could become more sensitive to a higher default pipeline, especially in the FHA portfolio, with 60-day DQs already at 4.5%.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
PFSI FAQ
What was PennyMac Financial’s price range in the past 12 months?
PennyMac Financial lowest stock price was $62.15 and its highest was $117.67 in the past 12 months.
What is PennyMac Financial’s market cap?
Currently, no data Available
When is PennyMac Financial’s upcoming earnings report date?
PennyMac Financial’s upcoming earnings report date is Oct 31, 2024 which is in 42 days.
How were PennyMac Financial’s earnings last quarter?
PennyMac Financial released its earnings results on Jul 23, 2024. The company reported $1.85 earnings per share for the quarter, missing the consensus estimate of $2.564 by -$0.714.
Is PennyMac Financial overvalued?
According to Wall Street analysts PennyMac Financial’s price is currently Overvalued.
Does PennyMac Financial pay dividends?
PennyMac Financial pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 0.77%. See more information on PennyMac Financial dividends here
What is PennyMac Financial’s EPS estimate?
PennyMac Financial’s EPS estimate is $2.81.
How many shares outstanding does PennyMac Financial have?
PennyMac Financial has 51,190,678 shares outstanding.
What happened to PennyMac Financial’s price movement after its last earnings report?
PennyMac Financial reported an EPS of $1.85 in its last earnings report, missing expectations of $2.564. Following the earnings report the stock price went down -3.807%.
Which hedge fund is a major shareholder of PennyMac Financial?
Among the largest hedge funds holding PennyMac Financial’s share is Basswood Capital Management LLC. It holds PennyMac Financial’s shares valued at 43M.
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PennyMac Financial Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$112.88 (-2.83% Downside)
$112.88 (-2.83% Downside)
Hedge Fund Trend
Increased
By 13.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 8.8%
Last 30 Days ▲ 8.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
71.42%
12-Months-Change
Fundamentals
Return on Equity
5.42%
Trailing 12-Months
Asset Growth
19.98%
Trailing 12-Months
Company Description
PennyMac Financial
PennyMac Financial Services, Inc. is a holding company, which engages in the mortgage banking and investment management activities. It operates through the following segments: Production, Servicing, and Investment Management. The Production segment includes mortgage loan origination, acquisition, and sale activities. The Servicing segment servicing of newly originated mortgage loans; and execution and management of early buyout transactions. The Investment Management segment consists of sourcing, performing diligence, bidding and closing investment asset acquisitions, managing correspondent production activities, and managing the acquired assets. The company was founded by Stanford L. Kurland in 2008 and is headquartered in Westlake Village, CA.
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PFSI Company Deck
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PFSI Earnings Call
Q2 2024
0:00 / 0:00
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PFSI Stock 12 Month Forecast
Average Price Target
$112.88
▼(-2.83% Downside)
Technical Analysis
Best Analysts Covering PFSI
1 Year
1 Year Success Rate
18/19 ratings generated profit
1 Year Average Return
+51.25%
reiterated a buy rating 11 days ago
Copying Michael Kaye's trades and holding each position for 1 Year would result in 94.74% of your transactions generating a profit, with an average return of +51.25% per trade.
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