Profile
Sector:
Financial ServicesIndustry:
Mortgage FinanceCountry:
United StatesIPO:
09 May 2013Website:
http://ir.pennymacfinancial.comNext earnings report:
26 July 2024Last dividends:
13 May 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:06:44 GMTAnalysts recommendations
Institutional Ownership
PFSI Latest News
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and its subsidiaries (the “Company”) today announced the pricing of its previously announced offering of $650 million aggregate principal amount of 7.125% Senior Notes due 2030 (the “Notes”). The Notes will bear interest at 7.125% per annum and will mature on November 15, 2030. Interest on the Notes will be payable semi-annually on May 15 and November 15 of each year, beginning on November 15, 2024. The No.
The key figures for PennyMac (PFSI) offer a glimpse into the company's performance in the first quarter of 2024, but it could be beneficial to assess certain important metrics against Wall Street projections and the figures from the same period last year.
PennyMac Financial Services, Inc. (NYSE:PFSI) held its Q1 2024 Earnings Conference Call on April 24, 2024 at 5:00 PM ET. The call featured Chairman and CEO David Spector and Chief Financial Officer Dan Perotti. Conference call participants included analysts from KBW, UBS, Piper Sandler, Jefferies, Barclays, and BTIG. The operator welcomed attendees to the call and directed them to additional earnings materials, including presentation slides, on the PennyMac Financial website at pfsi.pennymac.com.
PennyMac Financial (PFSI) ended the latest trading session at $87, reflecting a slight increase of +0.75% compared to the day before.
Lately, PennyMac (PFSI) has caught the attention of Zacks.com users, prompting a closer look at what the stock may offer.
PennyMac (PFSI) has a strong track record of beating earnings expectations and is well positioned to exceed them again in its upcoming quarterly report.
PennyMac (PFSI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
TPL and PFSI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 5, 2023.
While going through the new additions to the Zacks Rank this morning I came across a particularly appealing stock – PennyMac Financial Services PFSI.
PennyMac (PFSI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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What type of business is PennyMac Financial Services?
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.
What sector is PennyMac Financial Services in?
PennyMac Financial Services is in the Financial Services sector
What industry is PennyMac Financial Services in?
PennyMac Financial Services is in the Mortgage Finance industry
What country is PennyMac Financial Services from?
PennyMac Financial Services is headquartered in United States
When did PennyMac Financial Services go public?
PennyMac Financial Services initial public offering (IPO) was on 09 May 2013
What is PennyMac Financial Services website?
https://ir.pennymacfinancial.com
Is PennyMac Financial Services in the S&P 500?
No, PennyMac Financial Services is not included in the S&P 500 index
Is PennyMac Financial Services in the NASDAQ 100?
No, PennyMac Financial Services is not included in the NASDAQ 100 index
Is PennyMac Financial Services in the Dow Jones?
No, PennyMac Financial Services is not included in the Dow Jones index
When does PennyMac Financial Services report earnings?
The next expected earnings date for PennyMac Financial Services is 26 July 2024