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PFSI

PFSI - PennyMac Financial Services Inc Stock Price, Fair Value and News

93.37USD+0.09 (+0.10%)Market Closed

Market Summary

PFSI
USD93.37+0.09
Market Closed
0.10%

PFSI Alerts

  • 2 major insider sales recently.

PFSI Stock Price

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PFSI RSI Chart

PFSI Valuation

Market Cap

4.8B

Price/Earnings (Trailing)

30.96

Price/Sales (Trailing)

3.39

EV/EBITDA

16.42

Price/Free Cashflow

6.08

PFSI Price/Sales (Trailing)

PFSI Profitability

EBT Margin

13.48%

Return on Equity

4.3%

Return on Assets

0.78%

Free Cashflow Yield

16.46%

PFSI Fundamentals

PFSI Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

0.92%

Rev. Growth (Qtr)

-15.55%

PFSI Earnings

Earnings (TTM)

153.6M

Earnings Growth (Yr)

29.4%

Earnings Growth (Qtr)

206.69%

Breaking Down PFSI Revenue

Last 7 days

0.1%

Last 30 days

8.1%

Last 90 days

5.6%

Trailing 12 Months

44.4%

How does PFSI drawdown profile look like?

PFSI Financial Health

PFSI Investor Care

Dividend Yield

0.86%

Dividend/Share (TTM)

0.8

Shares Dilution (1Y)

2.00%

Diluted EPS (TTM)

2.92

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.4B000
20231.6B1.5B1.4B1.4B
20222.9B2.6B2.3B2.0B
20213.9B3.8B3.5B3.2B
20202.0B2.5B3.2B3.7B
2019994.1M1.1B1.2B1.5B
2018989.2M1.0B1.0B984.6M
2017937.8M943.7M949.6M955.5M
2016000931.9M
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Tracking the Latest Insider Buys and Sells of PennyMac Financial Services Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 03, 2024
mazzella joseph f
sold
-1,493,930
90.7335
-16,465
-
Apr 26, 2024
nanji farhad
acquired
27,697
87.93
315
-
Apr 26, 2024
mazzella joseph f
acquired
29,632
87.93
337
-
Apr 09, 2024
spector david
sold
-907,209
90.7209
-10,000
chairman & ceo
Mar 25, 2024
stark derek
sold
-470,007
89.44
-5,255
chief legal officer
Mar 19, 2024
chang william herbert
sold (taxes)
-22,115
85.06
-260
chief capital markets officer
Mar 12, 2024
spector david
sold
-284,941
85.6709
-3,326
chairman & ceo
Mar 11, 2024
jones doug
sold
-1,470,470
86.0984
-17,079
director, president & cmbo
Mar 11, 2024
spector david
sold
-860,548
86.0548
-10,000
chairman & ceo
Mar 11, 2024
spector david
sold
-2,276,240
86.0548
-26,451
chairman & ceo

1–10 of 50

Which funds bought or sold PFSI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
HANCOCK WHITNEY CORP
reduced
-5.67
-11,949
419,651
0.01%
May 16, 2024
COMERICA BANK
reduced
-4.79
-292
14,487
-%
May 16, 2024
JANE STREET GROUP, LLC
added
1.94
199,927
4,138,400
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.5
18,638
3,728,590
-%
May 15, 2024
D. E. Shaw & Co., Inc.
new
-
918,005
918,005
-%
May 15, 2024
CAPTRUST FINANCIAL ADVISORS
sold off
-100
-291,974
-
-%
May 15, 2024
TWO SIGMA SECURITIES, LLC
new
-
224,355
224,355
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
reduced
-16.21
-646,504
4,096,230
-%
May 15, 2024
MARSHALL WACE, LLP
sold off
-100
-588,986
-
-%
May 15, 2024
AQR CAPITAL MANAGEMENT LLC
added
3.68
145,567
2,264,680
-%

1–10 of 35

Are Funds Buying or Selling PFSI?

Are funds buying PFSI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PFSI
No. of Funds

Unveiling PennyMac Financial Services Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
t. rowe price investment management, inc.
9.8%
4,912,601
SC 13G
Feb 13, 2024
vanguard group inc
5.23%
2,610,041
SC 13G
Feb 09, 2024
dimensional fund advisors lp
5.4%
2,691,513
SC 13G
Feb 09, 2024
senvest management, llc
2.4%
1,183,151
SC 13G/A
Feb 14, 2023
t. rowe price investment management, inc.
10.0%
4,992,531
SC 13G
Feb 14, 2023
price t rowe associates inc /md/
0.3%
150,248
SC 13G/A
Feb 09, 2023
vanguard group inc
4.84%
2,425,861
SC 13G/A
Jan 27, 2023
senvest management, llc
5.0%
2,524,675
SC 13G
Feb 24, 2022
blackrock inc.
3.5%
2,214,826
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
6.6%
3,916,901
SC 13G/A

Recent SEC filings of PennyMac Financial Services Inc

View All Filings
Date Filed Form Type Document
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 15, 2024
144
Notice of Insider Sale Intent
May 06, 2024
4
Insider Trading
May 03, 2024
144
Notice of Insider Sale Intent
May 01, 2024
10-Q
Quarterly Report
Apr 30, 2024
4
Insider Trading
Apr 30, 2024
4
Insider Trading
Apr 24, 2024
8-K
Current Report
Apr 19, 2024
ARS
ARS

Peers (Alternatives to PennyMac Financial Services Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
150.8B
67.8B
15.79% 41.90%
16.02
2.22
66.36% -10.82%
79.4B
9.7B
5.89% 27.54%
32.02
8.17
0.75% 71.75%
76.5B
5.7B
2.20% 17.16%
23.72
13.5
-1.46% 19.89%
50.4B
4.0B
-2.83% 244.72%
37.36
12.69
41.89% 159.36%
17.1B
2.2B
4.56% 14.05%
34.96
7.94
7.26% 9.28%
13.3B
6.1B
13.36% 63.50%
4.56
2.18
64.44% 33.59%
MID-CAP
10.0B
8.2B
14.98% 55.53%
34.69
1.22
17.04% -68.59%
8.6B
1.8B
9.27% 51.05%
33.31
4.69
0.16% -0.33%
7.8B
2.5B
9.73% 87.02%
30.35
3.19
-6.73% -35.85%
4.4B
1.4B
13.91% -9.89%
13.26
3.18
96.15% 398.80%
3.7B
283.6M
7.37% 280.52%
57.45
12.87
122.34% 153.34%
SMALL-CAP
1.9B
802.0M
5.79% 40.55%
18.98
2.36
-2.34% 8.49%
887.2M
10.3B
5.41% 4.50%
11.13
0.09
24.66% -47.53%
21.0M
92.7M
71.65% 67.62%
3.38
0.23
72.05% 185.64%
7.0M
3.2M
-14.60% -97.24%
-0.22
2.22
-44.67% -114.57%

PennyMac Financial Services Inc News

Latest updates
Defense World19 hours ago
Yahoo New Zealand News16 May 202405:28 pm
Yahoo New Zealand News16 May 202405:28 pm

PennyMac Financial Services Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-15.5%3063624003373033404765126586947877429451,0421,120822722490436303248
Operating Expenses-37.1%262416274264265273291334423460447463439425392341307287270203187
EBITDA Margin0.3%0.17*0.17*0.26*0.28*0.30*0.33*0.34*0.35*0.36*0.41*0.48*0.54*---------
Interest Expenses-68.1%-9.34-5.5610.00-5.69-3.293.000.00-21.26-23.42-20.86-22.40-21.63-25.63-19.46-10.23-5.8911.0011.0027.0018.0021.00
Income Taxes126.3%5.00-17.3934.0015.008.0030.0050.0048.0061.0061.0090.0075.0012916419312810851.0045.0027.0014.00
Earnings Before Taxes180.9%44.00-54.2312773.0038.0068.0018517823523434028050661772848041520316610060.00
EBT Margin2.9%0.13*0.13*0.22*0.25*0.29*0.34*0.36*0.37*0.38*0.43*0.50*0.55*---------
Net Income206.7%39.00-36.8493.0058.0030.0038.0013512917417324920437745353535330615312173.0046.00
Net Income Margin6.0%0.11*0.10*0.16*0.18*0.20*0.24*0.26*0.27*0.28*0.32*0.36*0.41*---------
Free Cashflow-309.1%-898430-9762,228-3,265488-5891,7034,425-2081,4382,577---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets5.1%19,80218,84518,94917,98420,10316,82316,36214,27214,61818,77719,74523,88031,29831,59831,18123,22610,89110,2049,3038,3987,819
    Cash Equivalents-1.2%9279381,1771,5321,4981,3291,5591,415490340477324442533529910879189202232145
  Net PPE-5.6%18.0019.00--------------29.0030.0032.0033.0033.00
Liabilities6.0%16,23115,30615,37614,50616,65113,35212,88010,81111,17615,35816,24120,36627,83128,20828,16420,7478,5278,1437,3926,6196,118
Shareholder's Equity0.9%3,5703,5393,5733,4793,4523,4713,4823,4613,4423,4183,5043,5143,4673,3893,0172,4792,3642,0621,9121,7791,701
  Retained Earnings0.8%3,5433,5143,5613,4793,4523,4713,4823,4613,4423,2933,1322,8952,7052,3421,9011,3661,023726583462389
  Additional Paid-In Capital11.9%27.0024.0011.00------1253726187631,0471,1161,1131,3411,3351,3281,3171,312
Shares Outstanding1.1%51.0050.0050.0050.0050.0053.0054.0055.0056.0064.0062.0066.00---------
Float----1,521---1,244---2,465---1,740---553-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-308.7%-897,940430,289-975,9422,228,325-3,264,891489,409-587,6901,704,1524,427,364-207,0221,438,4852,579,614-1,248,016-2,275,407-4,289,1281,095,881-730,284-554,982-808,196-747,698-134,247
  Share Based Compensation-32.0%4,5836,7438,81437511,65011,8636,46614,9489,2759,1998,8248,89410,87718,8857,0956,75712,3685,6478,9415,6524,531
Cashflow From Investing-847.6%-782,612104,688-191,484-165,559-20,933-238,015-56,190-259,969-167,408-2,911-156,21978,279-223,518-141,565-61,538-130,0881,116,225-20,6348,977253,210-92,771
Cashflow From Financing315.7%1,669,575-773,910812,331-2,028,2733,455,191-481,537787,147-518,586-4,110,23173,505-1,129,931-2,775,6401,380,6862,420,5113,969,519-934,442304,519562,482768,925581,581216,007
  Dividend Payments-100.0%-10,24010,23210,19710,77710,41521,64211,13911,42512,25812,69813,56514,37511,1172929,8059,733----
  Buy Backs100.0%--84.00-26,21445,36151,32799,702113,645141,412257,401257,354154,920288,51989,2696,927237,1624,121--1,056-
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PFSI Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net gains on loans held for sale at fair value:  
Net gains on loans held for sale at fair value$ 162,441$ 104,385
Loan origination fees36,37131,390
Fulfillment fees from PennyMac Mortgage Investment Trust4,01611,923
Loan servicing fees:  
Loan servicing fees424,184338,057
Change in fair value of mortgage servicing rights and mortgage servicing liabilities(28,585)(236,447)
Mortgage servicing rights hedging results(294,645)47,227
Change in fair value of excess servicing spread financing payable to PennyMac Mortgage Investment Trust(323,230)(189,220)
Net loan servicing fees100,954148,837
Net interest expense:  
Interest income156,426128,478
Interest expense165,769131,771
Net interest expense(9,343)(3,293)
Management fees from PennyMac Mortgage Investment Trust7,1887,257
Change in fair value of investment in and dividends received from PennyMac Mortgage Investment Trust1026
Results of real estate acquired in settlement of loans406142
Other3,6172,195
Total net revenues305,660302,862
Expenses  
Compensation146,376147,935
Technology35,96736,038
Loan origination30,56827,086
Servicing16,10412,632
Professional services9,26221,007
Occupancy and equipment8,6768,820
Marketing and advertising3,6713,241
Other11,1537,956
Total expenses261,777264,715
Income before provision for income taxes43,88338,147
Provision for income taxes4,5757,769
Net income$ 39,308$ 30,378
Earnings per share  
Basic (in dollars per share)$ 0.78$ 0.61
Diluted (in dollars per share)$ 0.74$ 0.57
Weighted-average shares outstanding  
Basic (in shares)50,54750,154
Diluted (in shares)53,10053,352
Related Party  
Net gains on loans held for sale at fair value:  
Net gains on loans held for sale at fair value$ (353)$ (485)
Loan origination fees3591,410
Nonrelated Party  
Net gains on loans held for sale at fair value:  
Net gains on loans held for sale at fair value162,794104,870
Loan origination fees36,01229,980
Net interest expense:  
Interest expense165,769131,771
Non-affiliates | Nonrelated Party  
Loan servicing fees:  
Loan servicing fees358,026290,697
PennyMac Mortgage Investment Trust | Related Party  
Net gains on loans held for sale at fair value:  
Net gains on loans held for sale at fair value(353)(485)
Loan servicing fees:  
Loan servicing fees20,26220,449
Net interest expense:  
Change in fair value of investment in and dividends received from PennyMac Mortgage Investment Trust1026
Others | Nonrelated Party  
Loan servicing fees:  
Loan servicing fees$ 45,896$ 26,911

PFSI Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash$ 927,394$ 938,371
Short-term investment at fair value6910,268
Principal-only stripped mortgage-backed securities at fair value pledged to creditors524,576 
Loans held for sale at fair value (includes $5,127,134 and $4,329,501 pledged to creditors)5,200,3504,420,691
Derivative assets108,987179,079
Servicing advances, net (includes valuation allowance of $67,327 and $73,991; $271,947 and $354,831 pledged to creditors)499,955694,038
Mortgage servicing rights at fair value (includes $7,406,892 and $7,033,892 pledged to creditors)7,483,2107,099,348
Investment in PennyMac Mortgage Investment Trust at fair value1,1011,121
Receivable from PennyMac Mortgage Investment Trust$ 30,835$ 29,262
Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration]Affiliated entitiesAffiliated entities
Loans eligible for repurchase$ 4,401,896$ 4,889,925
Other (includes $16,175 and $15,653 pledged to creditors)623,368582,460
Total assets19,801,74118,844,563
LIABILITIES  
Assets sold under agreements to repurchase5,435,3543,763,956
Mortgage loan participation purchase and sale agreements363,798446,054
Notes payable secured by mortgage servicing assets1,972,0201,873,415
Unsecured senior notes2,521,0312,519,651
Derivative liabilities40,78453,275
Mortgage servicing liabilities at fair value1,7321,805
Accounts payable and accrued expenses263,338449,896
Payable to PennyMac Mortgage Investment Trust$ 127,993$ 208,210
Other Liability, Related Party, Type [Extensible Enumeration]Affiliated entitiesAffiliated entities
Payable to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement$ 26,099$ 26,099
Income taxes payable1,047,3371,042,886
Liability for loans eligible for repurchase4,401,8964,889,925
Liability for losses under representations and warranties29,97630,788
Total liabilities16,231,35815,305,960
Commitments and contingencies - Note 18
STOCKHOLDERS' EQUITY  
Common stock-authorized 200,000,000 shares of $0.0001 par value; issued and outstanding, 50,907,865 and 50,178,963 shares, respectively55
Additional paid-in capital27,17924,287
Retained earnings3,543,1993,514,311
Total stockholders' equity3,570,3833,538,603
Total liabilities and stockholders' equity$ 19,801,741$ 18,844,563
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 transactions and servicing of loans. It performs loan administration, collection, and default management activities, including the collection and remittance of loan payments, response to customer inquiries, accounting for principal and interest, holding custodial funds for the payment of property taxes and insurance premiums, counseling delinquent borrowers, and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs. The Investment Management segment is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing acquired assets. PennyMac Financial Services, Inc. was founded in 2008 and is headquartered in Westlake Village, California.
 CEO
 WEBSITEhttps://ir.pennymacfinancial.com
 INDUSTRYMortgage Finance
 EMPLOYEES4221

PennyMac Financial Services Inc Frequently Asked Questions


What is the ticker symbol for PennyMac Financial Services Inc? What does PFSI stand for in stocks?

PFSI is the stock ticker symbol of PennyMac Financial Services Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PennyMac Financial Services Inc (PFSI)?

As of Fri May 17 2024, market cap of PennyMac Financial Services Inc is 4.75 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PFSI stock?

You can check PFSI's fair value in chart for subscribers.

What is the fair value of PFSI stock?

You can check PFSI's fair value in chart for subscribers. The fair value of PennyMac Financial Services Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PennyMac Financial Services Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PFSI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PennyMac Financial Services Inc a good stock to buy?

The fair value guage provides a quick view whether PFSI is over valued or under valued. Whether PennyMac Financial Services Inc is cheap or expensive depends on the assumptions which impact PennyMac Financial Services Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PFSI.

What is PennyMac Financial Services Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, PFSI's PE ratio (Price to Earnings) is 30.96 and Price to Sales (PS) ratio is 3.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PFSI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on PennyMac Financial Services Inc's stock?

In the past 10 years, PennyMac Financial Services Inc has provided 0.205 (multiply by 100 for percentage) rate of return.