PennyMac Financial Services (NYSE:PFSI) will be announcing its earnings results after the market closes on Thursday, February 8th. Analysts expect the company to announce earnings of $0.67 per share for the quarter.
PennyMac Financial Services (NYSE:PFSI) opened at $21.65 on Tuesday. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 1.66. The firm has a market cap of $519.32, a PE ratio of 8.26, a P/E/G ratio of 1.48 and a beta of 0.64. PennyMac Financial Services has a fifty-two week low of $15.65 and a fifty-two week high of $24.00.
In other news, insider Anne Mccallion sold 5,000 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $18.50, for a total transaction of $92,500.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Doug Jones sold 15,000 shares of the company’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $21.95, for a total value of $329,250.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 261,360 shares of company stock worth $5,692,717. Insiders own 45.64% of the company’s stock.
A number of equities analysts recently weighed in on PFSI shares. Zacks Investment Research downgraded shares of PennyMac Financial Services from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 25th. Keefe, Bruyette & Woods downgraded shares of PennyMac Financial Services from an “outperform” rating to a “market perform” rating in a report on Monday, January 8th. ValuEngine raised shares of PennyMac Financial Services from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 15th. Finally, Barclays set a $25.00 price target on shares of PennyMac Financial Services and gave the stock a “buy” rating in a report on Tuesday, December 12th. Four analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. PennyMac Financial Services currently has an average rating of “Buy” and a consensus target price of $23.50.
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PennyMac Financial Services Company Profile
PennyMac Financial Services, Inc (PFSI) is a financial services company. The Company is focused on the production and servicing of the United States residential mortgage loans and the management of investments related to the United States mortgage market. The Company operates through three segments: loan production, loan servicing and investment management.
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