PennyMac Financial Services (PFSI) Stock Overview
Through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
PFSI Community Fair Values
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Analyst Price Targets
PennyMac Financial Services, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$66.51 |
| 52 Week High | US$160.36 |
| 52 Week Low | US$65.03 |
| Beta | 1.43 |
| 1 Month Change | -11.67% |
| 3 Month Change | -19.26% |
| 1 Year Change | -47.68% |
| 3 Year Change | -0.95% |
| 5 Year Change | 4.81% |
| Change since IPO | 239.34% |
Recent News & Updates
Narrative Update • Sep 17
PFSI: Lower ROE Reset And Buybacks Will Support Future Share Returns
Analysts have reduced the PennyMac Financial Services fair value estimate by about $12 to $90.57, citing lower price targets across the Street following disappointing Q2 earnings, softer return on equity expectations, and revised earnings models. Analyst Commentary Recent Street research on PennyMac Financial Services points to a more cautious stance on the stock, with several firms cutting price targets and in some cases revising ratings.
Narrative Update • Sep 03
PFSI: Balanced Model And Buybacks Will Support Future ROE Recovery Potential
Analysts have reduced the fair value estimate for PennyMac Financial Services to $100 from $115, citing lower revenue expectations, a slightly higher discount rate, and recent price target cuts that reflect a tougher near term earnings and return on equity outlook. Analyst Commentary Recent research on PennyMac Financial Services points to a tougher near term earnings backdrop, yet several bullish analysts still see room for value creation if management can execute on its plan and the mortgage cycle becomes more supportive over time.
Narrative Update • Aug 13
PFSI: Higher Mortgage Rates And Softer ROE Outlook Will Shape Earnings Profile
The fair value estimate for PennyMac Financial Services has been reduced from $94.00 to $78.00 after analysts lowered price targets. This follows recent earnings misses, softer return on equity expectations and a more challenging mortgage origination backdrop.Recent updates
Narrative Update • Sep 17
PFSI: Lower ROE Reset And Buybacks Will Support Future Share Returns
Analysts have reduced the PennyMac Financial Services fair value estimate by about $12 to $90.57, citing lower price targets across the Street following disappointing Q2 earnings, softer return on equity expectations, and revised earnings models. Analyst Commentary Recent Street research on PennyMac Financial Services points to a more cautious stance on the stock, with several firms cutting price targets and in some cases revising ratings.Narrative Update • Sep 03
PFSI: Balanced Model And Buybacks Will Support Future ROE Recovery Potential
Analysts have reduced the fair value estimate for PennyMac Financial Services to $100 from $115, citing lower revenue expectations, a slightly higher discount rate, and recent price target cuts that reflect a tougher near term earnings and return on equity outlook. Analyst Commentary Recent research on PennyMac Financial Services points to a tougher near term earnings backdrop, yet several bullish analysts still see room for value creation if management can execute on its plan and the mortgage cycle becomes more supportive over time.Narrative Update • Aug 13
PFSI: Higher Mortgage Rates And Softer ROE Outlook Will Shape Earnings Profile
The fair value estimate for PennyMac Financial Services has been reduced from $94.00 to $78.00 after analysts lowered price targets. This follows recent earnings misses, softer return on equity expectations and a more challenging mortgage origination backdrop.Narrative Update • Jul 30
PFSI: Balanced Model And Buybacks Will Support Returns Despite Sector Headwinds
The analyst price target for PennyMac Financial Services has moved lower, with the model fair value estimate reduced by about $7 to $102.57 as analysts factor in recent earnings misses, softer production profitability, and a more challenging interest rate backdrop that weighs on near term return expectations. Analyst Commentary Recent Street research on PennyMac Financial Services points to a more cautious tone, with several firms trimming price targets and resetting expectations following recent earnings results and sector headwinds.Narrative Update • Jul 16
PFSI: Balanced Model And Share Buybacks Will Support Future Upside Potential
The analyst fair value estimate for PennyMac Financial Services has been revised from $150.00 to $115.00, as analysts factor in a higher discount rate, softer revenue expectations tied to elevated 30 year mortgage rates, and a lower future P/E multiple, despite a slightly stronger profit margin outlook. Analyst Commentary Recent research on PennyMac Financial Services reflects a cautious tone on the mortgage backdrop, but also highlights several constructive points that investors may want to keep in mind when weighing the stock's valuation and earnings power.Narrative Update • Jul 02
PFSI: Higher Rates And AI Push Will Shape Future Earnings Profile
Analysts have reduced their fair value estimate for PennyMac Financial Services to $94 from $110, citing a tougher interest rate backdrop, a higher assumed discount rate, and more conservative views on revenue growth, profit margins, and future P/E multiples. Analyst Commentary on PennyMac Financial Services Recent Street research on PennyMac Financial Services points to a more cautious tone, with several price target cuts that align with the lower fair value estimate.Narrative Update • Jun 18
PFSI: Balanced Model And Buybacks Will Support Future Stock Recovery
The analyst-derived fair value estimate for PennyMac Financial Services has been reduced by about $6 to $109.86, as analysts factor in a tougher interest rate backdrop for mortgage originators while still highlighting the company's balanced business model and current valuation. Analyst Commentary Recent research on PennyMac Financial Services reflects a mix of optimism around the company’s business mix and caution around the tougher interest rate backdrop for mortgage originators.Narrative Update • Jun 04
PFSI: Book Value Support And Buybacks Will Drive Future Rebound
Analysts have lowered their average price target for PennyMac Financial Services, citing more cautious expectations reflected in reduced targets from several firms. At the same time, some analysts highlight valuation support and limited downside at current price-to-book (P/B) levels.Narrative Update • May 20
PFSI: Book Value Discount And Buybacks Will Support Future Multiples
Narrative Update Overview The analyst price target for PennyMac Financial Services has been reduced by about $10.88 to $116.29, as analysts factor in lower fair value estimates alongside higher discount rates and slightly weaker revenue expectations, while still acknowledging firmer profit margins and a modestly higher future P/E. Analyst Commentary Recent Street research on PennyMac Financial Services reflects a mixed setup, with several firms revising price targets and one upgrade highlighting valuation support.New Narrative • May 02
Servicing Scale And Automation Will Turn Mortgage Relationships Into Long Term Earnings Power
Catalysts About PennyMac Financial Services PennyMac Financial Services is a large US mortgage company with integrated production and servicing operations across correspondent, broker and consumer direct channels. What are the underlying business or industry changes driving this perspective?Narrative Update • Apr 17
PFSI: Book Value Discount And Cautious Assumptions Will Support Future Multiples
The analyst price target for PennyMac Financial Services has moved $10 lower, as analysts factor in more cautious assumptions on revenue growth and valuation multiples, even as profitability metrics and long term P/E expectations remain supportive in their updated models. Analyst Commentary Recent Street research on PennyMac Financial Services shows a mix of optimism on valuation and caution on the near term setup, with several firms reducing price targets while one research house upgraded the rating to Outperform with an unchanged target.New Narrative • Apr 16
Mortgage Margin Pressures And Volatile Servicing Will Ultimately Support Stronger Earnings Potential
Catalysts About PennyMac Financial Services PennyMac Financial Services is a US mortgage finance company focused on loan production and servicing. What are the underlying business or industry changes driving this perspective?Narrative Update • Apr 02
PFSI: Book Value Discount And Mortgage Tailwinds Will Support Future Multiples
Analysts have fine tuned their outlook on PennyMac Financial Services, keeping fair value effectively unchanged at about $137. They emphasize that the current share price sits near one times recent and estimated tangible book value and point to what they see as limited downside and a more supportive mortgage backdrop, which is reflected in updated price targets across the Street.Narrative Update • Mar 18
PFSI: Book Value Discount And Benign Credit Will Support Future Earnings Multiples
The analyst price target for PennyMac Financial Services edges higher to reflect a fair value estimate of about $137. Analysts point to a lower discount rate, a slightly richer forward P/E, and what they view as supportive valuation signals around book value and mortgage earnings sensitivity.Seeking Alpha • Mar 15
PennyMac Financial Services: Reiterating Hold Despite Cheap Valuations
Summary PennyMac Financial Services has fallen sharply after a significant 4Q25 earnings miss, ending a six-year rally. Margin compression from heightened competition and higher prepayments drove the miss, despite solid loan production and servicing growth. PFSI now trades near book value and 7.2x FY26E EPS; and has seen some recent insider buying. A prognosis around PennyMac Financial Services follows in the paragraphs below. Read the full article on Seeking AlphaNarrative Update • Mar 04
PFSI: Benign Credit And Lower Mortgage Rates Will Support Future Earnings Multiples
Narrative Update The updated analyst framework nudges PennyMac Financial Services' fair value estimate higher from $133 to about $136 per share, reflecting recent shifts in Street price targets that balance reduced targets from some firms with ongoing optimism from others around credit conditions, mortgage origination expectations for 2026, and earnings sensitivity to mortgage rate moves. Analyst Commentary Recent Street research around PennyMac Financial Services reflects a mix of optimism on earnings sensitivity to mortgage rates and origination volumes, along with some caution around how much good news is already reflected in the share price.Narrative Update • Feb 17
PFSI: Supportive Mortgage Trends And Margin Resilience Will Lift Future Earnings Multiples
Analysts have trimmed their average price target on PennyMac Financial Services to $133 from $137.25, citing slightly lower fair value estimates that reflect modestly softer profit margin assumptions and an updated long term P/E outlook informed by recent target cuts and rating commentary from several research firms. Analyst Commentary Recent research on PennyMac Financial Services reflects a mix of optimism and caution, with price targets both raised and lowered as analysts refresh their earnings models and mortgage market assumptions.Narrative Update • Feb 03
PFSI: Supportive Mortgage Rates And Higher Margins Will Drive Future Earnings Multiples
Narrative Update: PennyMac Financial Services The analyst price target for PennyMac Financial Services has been reduced from about $154.75 to $137.25, as analysts recalibrate expectations around revenue growth and fair value following recent target cuts and broader reassessments of mortgage sector earnings drivers. Analyst Commentary Recent research on PennyMac Financial Services highlights a mix of optimism around earnings power and mortgage market trends, alongside fresh caution after target cuts and policy related volatility.Analysis Article • Feb 03
PennyMac Financial Services, Inc. (NYSE:PFSI) Might Not Be As Mispriced As It Looks After Plunging 29%
The PennyMac Financial Services, Inc. ( NYSE:PFSI ) share price has fared very poorly over the last month, falling by a...Narrative Update • Jan 20
PFSI: Supportive Mortgage Backdrop And Higher Margins Will Shape Future Earnings Multiples
Analysts have increased their fair value estimate for PennyMac Financial Services by $7.00 to $154.75, citing a series of higher Street price targets, expectations for a more supportive mortgage backdrop, and incremental improvements in profit margin assumptions and future P/E. Analyst Commentary Street research on PennyMac Financial Services has turned more constructive around earnings power, mortgage activity, and capital deployment, while still flagging policy and rate path uncertainty as key swing factors for valuation.Narrative Update • Jan 05
PFSI: Easing Mortgage Rates Will Support Higher Future Earnings Multiples
PennyMac Financial Services fair value estimate has been increased to $147.75 from $143 as analysts cite stronger post Q3 operating return on equity guidance, broad price target raises into the high $130s, and improving mortgage market dynamics supporting slightly higher future earnings multiples. Analyst Commentary Bullish analysts highlight that the recent Q3 results demonstrated stronger than expected operating performance, prompting upward revisions to estimates and supporting higher valuation multiples.Narrative Update • Dec 21
PFSI: Easing Mortgage Rates And Execution Will Shape Future Earnings Power
PennyMac Financial Services' analyst price target has been raised by about $4 to approximately $143, as analysts factor in stronger post Q3 operating returns on equity and broad based outperformance in both production and servicing amid a gradually improving mortgage backdrop. Analyst Commentary Bullish analysts highlight that the series of price target increases reflects growing confidence in PennyMac Financial's ability to sustain higher returns on equity, supported by consistent execution across both production and servicing.Narrative Update • Dec 06
PFSI: Easing Mortgage Rates And Solid Execution Will Shape Future Return Profile
Narrative Update on PennyMac Financial Services Analysts have modestly raised their average price target on PennyMac Financial Services to approximately $138.50 from about $129, citing stronger post Q3 operating return on equity guidance, broad-based earnings outperformance across production and servicing, and an improving mortgage demand backdrop as rates and agency spreads move in a more supportive direction. Analyst Commentary Recent research updates reflect a constructive but measured stance on PennyMac Financial Services, with multiple firms lifting price targets following the Q3 report and improved operating return on equity guidance.Narrative Update • Nov 22
PFSI: Improving Mortgage Trends And Shifting Rates Will Influence Near-Term Prospects
Analysts have raised their price targets for PennyMac Financial Services, increasing expectations by approximately $17. This change reflects improved operating performance and stronger-than-expected results following the company's latest quarterly report.Narrative Update • Nov 05
PFSI: Mortgage Market Momentum And Lending Trends Will Shape Near-Term Performance
PennyMac Financial Services' analyst price target has increased from approximately $132 to $139 per share, as analysts cite improved Q3 results, better operating return on equity guidance, and rising mortgage activity. Analyst Commentary Analysts have updated their outlook on PennyMac Financial Services following the company's latest quarterly results.Narrative Update • Oct 22
Analysts Raise PennyMac Price Targets as Mortgage Market Outlook and Valuation Improve
PennyMac Financial Services' analyst price target has increased from approximately $126 to $132. Analysts cite improved mortgage market trends and a strengthened outlook as key factors in the upward revision.Narrative Update • Oct 08
AI And Automation Will Drive Long-Term Mortgage Efficiencies
The analyst price target for PennyMac Financial Services has increased from $122.29 to $125.86. This reflects analysts' improved outlook based on ongoing strength in credit performance and renewed optimism in the mortgage market, despite some caution regarding consumer health.Analysis Article • Jun 13
PennyMac Financial Services, Inc. (NYSE:PFSI) Screens Well But There Might Be A Catch
PennyMac Financial Services, Inc.'s ( NYSE:PFSI ) price-to-earnings (or "P/E") ratio of 14.6x might make it look like a...Shareholder Returns
| PFSI | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | -4.7% | -0.06% | 0.5% |
| 1Y | -47.7% | -1.8% | 12.0% |
Return vs Industry: PFSI underperformed the US Diversified Financial industry which returned -1.7% over the past year.
Return vs Market: PFSI underperformed the US Market which returned 11.7% over the past year.
Price Volatility
| PFSI volatility | |
|---|---|
| PFSI Average Weekly Movement | 5.0% |
| Diversified Financial Industry Average Movement | 5.8% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.2% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: PFSI has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PFSI's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2008 | 5,543 | David Spector | pfsi.pennymac.com |
PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company operates through two segments, Production and Servicing. The Production segment is involved in the origination, acquisition, and sale of loans.
PennyMac Financial Services, Inc. Fundamentals Summary
| PFSI fundamental statistics | |
|---|---|
| Market cap | US$3.43b |
| Earnings (TTM) | US$392.38m |
| Revenue (TTM) | US$3.33b |
8.8x
P/E Ratio1.0x
P/S RatioIs PFSI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PFSI income statement (TTM) | |
|---|---|
| Revenue | US$3.33b |
| Cost of Revenue | US$465.81m |
| Gross Profit | US$2.87b |
| Other Expenses | US$2.47b |
| Earnings | US$392.38m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 7.55 |
| Gross Margin | 86.02% |
| Net Profit Margin | 11.78% |
| Debt/Equity Ratio | 547.1% |
How did PFSI perform over the long term?
See historical performance and comparisonDividends
1.8%
Current Dividend Yield16%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/17 04:56 |
| End of Day Share Price | 2026/09/17 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PennyMac Financial Services, Inc. is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark DeVries | Barclays |
| Terry Ma | Barclays |
| "Terry Ma | Barclays |