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.

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.

AnalystConsensusTarget has decreased revenue growth from 0.2% to -4.7%, increased profit margin from 32.5% to 43.0% and decreased future PE multiple from 8.6x to 7.3x.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has decreased revenue growth from 0.3% to 0.2% and increased shares outstanding growth rate from 0.0% to 0.0%.

AnalystConsensusTarget has increased revenue growth from 0.1% to 0.3%.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has decreased revenue growth from 3.1% to 0.1% and increased profit margin from 26.4% to 32.5%.