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PennyMac Mortgage Investment Trust Declares Fourth Quarter 2024 Dividend for Its Common Shares
Business Wire (Fri, 13-Dec 8:00 AM ET)
PennyMac Mortgage Investment Trust Declares Fourth Quarter 2024 Dividends for Its Preferred Shares
Business Wire (Thu, 14-Nov 8:00 AM ET)
PennyMac Financial Services, Inc. Reports Third Quarter 2024 Results
Business Wire (Tue, 22-Oct 4:15 PM ET)
PennyMac Mortgage Investment Trust Reports Third Quarter 2024 Results
Business Wire (Tue, 22-Oct 4:15 PM ET)
PennyMac Mortgage Investment Trust Announces Date for Release of Third Quarter 2024 Results
Business Wire (Tue, 15-Oct 8:00 AM ET)
PennyMac Financial Services, Inc. Announces Date for Release of Third Quarter 2024 Results
Business Wire (Tue, 15-Oct 8:00 AM ET)
Pennymac Announces Organizational Changes
Business Wire (Thu, 3-Oct 4:30 PM ET)
PennyMac Mortgage Investment Trust Declares Third Quarter 2024 Dividend for Its Common Shares
Business Wire (Thu, 19-Sep 8:00 AM ET)
PennyMac Financial Services Inc is a United States-based financial services company primarily engaged in mortgage lending. The company operates through three segments: production, servicing, and investment management. The company's production and servicing segment together form the mortgage banking business that includes mortgage loan origination, acquisition, and sale activities; while the investment management segment includes investment manager's activities, such as performing diligence, and managing acquired assets. The company generates the majority of revenue from its mortgage banking business.
Pennymac Financial Servs trades on the NYSE stock market under the symbol PFSI.
As of December 13, 2024, PFSI stock price declined to $104.45 with 153,342 million shares trading.
PFSI has a beta of 1.03, meaning it tends to be more sensitive to market movements. PFSI has a correlation of 0.23 to the broad based SPY ETF.
PFSI has a market cap of $5.35 billion. This is considered a Mid Cap stock.
Last quarter Pennymac Financial Servs reported $412 million in Revenue and $3.49 earnings per share. This fell short of revenue expectation by $-100 million and exceeded earnings estimates by $.59.
In the last 3 years, PFSI traded as high as $119.13 and as low as $38.53.
The top ETF exchange traded funds that PFSI belongs to (by Net Assets): IWM, VTI, VB, VXF, VBR.
PFSI has underperformed the market in the last year with a price return of +27.3% while the SPY ETF gained +31.7%. PFSI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.8% and -2.3%, respectively, while the SPY returned +8.4% and +0.9%, respectively.
PFSI support price is $103.49 and resistance is $106.65 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PFSI shares will trade within this expected range on the day.