PFSI Stock Overview
PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States.
PennyMac Financial Services Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$49.56|
|52 Week High||US$71.52|
|52 Week Low||US$44.25|
|1 Month Change||2.40%|
|3 Month Change||-13.21%|
|1 Year Change||-18.87%|
|3 Year Change||118.71%|
|5 Year Change||203.12%|
|Change since IPO||152.86%|
Recent News & Updates
PennyMac Financial Services, Inc. (NYSE:PFSI) Analysts Just Cut Their EPS Forecasts Substantially
Today is shaping up negative for PennyMac Financial Services, Inc. ( NYSE:PFSI ) shareholders, with the analysts...
PennyMac Financial Services (NYSE:PFSI) Is Due To Pay A Dividend Of US$0.20
The board of PennyMac Financial Services, Inc. ( NYSE:PFSI ) has announced that it will pay a dividend on the 27th of...
|PFSI||US Mortgage||US Market|
Return vs Industry: PFSI exceeded the US Mortgage industry which returned -30.3% over the past year.
Return vs Market: PFSI underperformed the US Market which returned -12.3% over the past year.
|PFSI Average Weekly Movement||5.3%|
|Mortgage Industry Average Movement||3.8%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: PFSI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PFSI's weekly volatility (5%) has been stable over the past year.
About the Company
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.
PennyMac Financial Services Fundamentals Summary
|PFSI fundamental statistics|
Is PFSI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PFSI income statement (TTM)|
|Cost of Revenue||US$408.14m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||14.70|
|Net Profit Margin||24.21%|
How did PFSI perform over the long term?See historical performance and comparison
1.6%Current Dividend Yield
Is PennyMac Financial Services undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PFSI ($49.56) is trading below our estimate of fair value ($85.07)
Significantly Below Fair Value: PFSI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PFSI is good value based on its Price-To-Earnings Ratio (3.4x) compared to the US Mortgage industry average (12x).
PE vs Market: PFSI is good value based on its Price-To-Earnings Ratio (3.4x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: PFSI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PFSI is good value based on its Price-To-Book Ratio (0.8x) compared to the US Mortgage industry average (0.9x).
How is PennyMac Financial Services forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PFSI's earnings are forecast to decline over the next 3 years (-3.2% per year).
Earnings vs Market: PFSI's earnings are forecast to decline over the next 3 years (-3.2% per year).
High Growth Earnings: PFSI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PFSI's revenue is expected to decline over the next 3 years (-11% per year).
High Growth Revenue: PFSI's revenue is forecast to decline over the next 3 years (-11% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PFSI's Return on Equity is forecast to be high in 3 years time
How has PennyMac Financial Services performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PFSI has high quality earnings.
Growing Profit Margin: PFSI's current net profit margins (24.2%) are lower than last year (41.3%).
Past Earnings Growth Analysis
Earnings Trend: PFSI's earnings have grown significantly by 53.4% per year over the past 5 years.
Accelerating Growth: PFSI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PFSI had negative earnings growth (-53.4%) over the past year, making it difficult to compare to the Mortgage industry average (7.1%).
Return on Equity
High ROE: Whilst PFSI's Return on Equity (23.25%) is high, this metric is skewed due to their high level of debt.
How is PennyMac Financial Services's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score1/6
Financial Health Score 1/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: PFSI's Assets to Equity ratio (4.2x) is low.
Allowance for Bad Loans: Insufficient data to determine if PFSI has a sufficient allowance for bad loans.
Low Risk Liabilities: PFSI reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.
Loan Level: Insufficient data to determine if PFSI has an appropriate level of Loans to Assets ratio.
Low Risk Deposits: PFSI reports no customer deposits, loans are made up entirely of externally borrowed funds.
Level of Bad Loans: Insufficient data to determine if PFSI has an appropriate level of bad loans.
What is PennyMac Financial Services's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PFSI's dividend (1.61%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: PFSI's dividend (1.61%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PFSI has been paying a dividend for less than 10 years.
Growing Dividend: PFSI's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (6%), PFSI's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Spector (58 yo)
Mr. David A. Spector has been the Chief Executive Officer of PennyMac Financial Services, Inc. since January 1, 2017. He served as President at PennyMac Financial Services, Inc. since February 2013 to Febr...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD13.58M) is above average for companies of similar size in the US market ($USD6.83M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: PFSI's management team is considered experienced (2.5 years average tenure).
Experienced Board: PFSI's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PFSI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PennyMac Financial Services, Inc.'s employee growth, exchange listings and data sources
- Name: PennyMac Financial Services, Inc.
- Ticker: PFSI
- Exchange: NYSE
- Founded: 2008
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Implied Market Cap: US$2.698b
- Shares outstanding: 54.45m
- Website: https://ir.pennymacfinancial.com
Number of Employees
- PennyMac Financial Services, Inc.
- 3043 Townsgate Road
- Westlake Village
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/24 00:00|
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 here.