Will PennyMac (PFSI) Beat Estimates Again in Its Next Earnings Report?
- PennyMac (PFSI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/12/2024
|
PennyMac (PFSI) Upgraded to Strong Buy: What Does It Mean for the Stock?
- 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).
- 04/05/2024
|
Best Momentum Stocks to Buy for April 5th
- TPL and PFSI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 5, 2023.
- 04/05/2024
|
Best Value Stocks to Buy for April 5th
- CSTM, GEF and PFSI made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 5, 2023.
- 04/05/2024
|
Value, Momentum, and Growth? This Mid-Cap Financial Stock has it All
- While going through the new additions to the Zacks Rank this morning I came across a particularly appealing stock – PennyMac Financial Services PFSI.
- 04/03/2024
|
Best Momentum Stocks to Buy for April 3rd
- VVI, DEC and PFSI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 3, 2023.
- 04/03/2024
|
Best Value Stocks to Buy for April 3rd
- VVI, CIB and PFSI made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 3, 2023.
- 04/03/2024
|
3 Mortgage & Related Services Stocks to Buy on Industry Recovery
- The Zacks Mortgage & Related Services industry players benefit from expected rate cuts, low competition from banks and strong servicing business. PennyMac Financial Services (PFSI), Federal Agricultural Mortgage (AGM) and Ocwen Financial (OCN) look well-placed for growth.
- 03/15/2024
|
Pennymac Promotes Senior Executives and Invests in its Servicing and Digital Future
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (“Pennymac”), today announced the promotions of Jim Follette to Chief Digital Officer and Mike Hogan to Chief Information Officer as they work together to further enhance the customer experience and accelerate growth in Pennymac's servicing and technology groups. Mr. Follette's new role was created to strengthen digital innovations and pursue commercial market opportunities, while empowering the developmen.
- 03/05/2024
|
Earnings Estimates Moving Higher for PennyMac (PFSI): Time to Buy?
- PennyMac (PFSI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 02/12/2024
|
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against PennyMac Financial Services, Inc. and Encourages Investors to Contact the Firm
- LOS ANGELES, CA / ACCESSWIRE / February 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in PennyMac Financial Services, Inc. ("PennyMac" or "the Company") (NYSE: PFSI) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the PennyMac board breached its fiduciary duties to shareholders.
- 02/03/2024
|
PennyMac Financial Services, Inc. (PFSI) Q4 2023 Earnings Call Transcript
- PennyMac Financial Services, Inc. (PFSI) Q4 2023 Earnings Call Transcript
- 02/01/2024
|
PennyMac (PFSI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
- While the top- and bottom-line numbers for PennyMac (PFSI) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 02/01/2024
|
PennyMac Financial (PFSI) Q4 Earnings Surpass Estimates
- PennyMac Financial (PFSI) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.89 per share a year ago.
- 02/01/2024
|
PennyMac Financial (PFSI) Earnings Expected to Grow: Should You Buy?
- PennyMac (PFSI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/25/2024
|
What Makes PennyMac (PFSI) a Good Fit for 'Trend Investing'
- PennyMac (PFSI) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
- 11/21/2023
|
PennyMac Financial Services, Inc. (PFSI) Q3 2023 Earnings Call Transcript
- PennyMac Financial Services, Inc. (NYSE:PFSI ) Q3 2023 Earnings Conference Call October 26, 2023 5:00 PM ET Company Participants David Spector - Chairman & Chief Executive Officer Dan Perotti - Chief Financial Officer Conference Call Participants Kevin Barker - Piper Sandler Bose George - KBW Michael Kaye - Wells Fargo Eric Hagen - BTIG Kyle Joseph - Jefferies Jay McCanless - Wedbush Securities Priya Rangarajan - RBC Capital Markets Kevin Barker - Piper Sandler Operator Good afternoon, and welcome to PennyMac Financial Services, Inc.'s Third Quarter 2023 Earnings Call. Additional earnings materials, including presentation slides that will be referred to in this call are available on PennyMac Financial's website at pfsi.pennymac.com.
- 10/26/2023
|
Compared to Estimates, PennyMac (PFSI) Q3 Earnings: A Look at Key Metrics
- Although the revenue and EPS for PennyMac (PFSI) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 10/26/2023
|
PennyMac Financial (PFSI) Beats Q3 Earnings Estimates
- PennyMac Financial (PFSI) came out with quarterly earnings of $1.77 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $2.46 per share a year ago.
- 10/26/2023
|
PennyMac (PFSI) Reports Q2 Earnings: What Key Metrics Have to Say
- The headline numbers for PennyMac (PFSI) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 07/27/2023
|
PennyMac Financial (PFSI) Q2 Earnings Meet Estimates
- PennyMac Financial (PFSI) came out with quarterly earnings of $1.11 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2.28 per share a year ago.
- 07/27/2023
|
3 Mortgage & Related Services Stocks to Watch Amid Macro Woes
- Amid a soft mortgage environment, Mortgage & Related Services players like PFSI, AGM and VEL are focusing on servicing portfolio growth and diversifying business models to navigate choppy waters.
- 07/06/2023
|
New Strong Sell Stocks for May 26th
- BFIN, PFSI and RWT have been added to the Zacks Rank #5 (Strong Sell) List on May 26, 2023.
- 05/26/2023
|
New Strong Sell Stocks for May 15th
- ARGO, PFSI and LFCR have been added to the Zacks Rank #5 (Strong Sell) List on May 15, 2023.
- 05/15/2023
|
PennyMac Financial (PFSI) Lags Q1 Earnings and Revenue Estimates
- PennyMac Financial (PFSI) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $2.94 per share a year ago.
- 04/27/2023
|
3 Stocks to Watch in a Struggling Mortgage & Related Services Industry
- Despite a challenging mortgage environment, Mortgage & Related Services players like UWMC, PFSI and AGM are focusing on servicing portfolio growth, diversifying business models and technological enhancements.
- 04/21/2023
|
10 Banks' Profit Is About To Completely Fall Apart, Analysts Warn
- Just when you thought the banking crisis was over — you'd better brace for an onslaught of big drops in bank profit. The post 10 Banks' Profit Is About To Completely Fall Apart, Analysts Warn appeared first on Investor's Business Daily.
- 04/11/2023
|
Here's What Saved the Day for PennyMac Financial Services Investors
- Mortgage servicing offset the declines in mortgage origination.
- 02/09/2023
|
PFSI Stock: 8.63% Decrease Explained
- The stock price of PennyMac Financial Services Inc (NYSE: PFSI) fell by 8.63% in the most recent trading session. This is why.
- 02/06/2023
|
PennyMac Financial Services, Inc. (PFSI) Q4 2022 Earnings Call Transcript
- PennyMac Financial Services, Inc. (NYSE:PFSI ) Q4 2022 Earnings Conference Call February 2, 2023 5:30 PM ET Company Participants Isaac Garden - Vice President, Investor Relations David Spector - Chairman & Chief Executive Officer Doug Jones - President Dan Perotti - Senior Managing Director & Chief Financial Officer Isaac Garden Good afternoon, and welcome to the Fourth Quarter and Full Year 2022 Earnings Discussion for PennyMac Financial Services, Inc. The slides that accompany this discussion are available on PennyMac Financial's website at pfsi.pennymac.com. Before we begin, let me remind you that our discussion contains forward‐looking statements that are subject to risks identified on Slide 2 that could cause our actual results to differ materially, as well as non-GAAP measures that have been reconciled to their GAAP equivalent in our earnings presentation.
- 02/02/2023
|
PennyMac Financial (PFSI) Q4 Earnings and Revenues Beat Estimates
- PennyMac (PFSI) delivered earnings and revenue surprises of 4.71% and 4.21%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/02/2023
|
Things Could Be Looking Up for PennyMac Financial Services. Here's Why.
- Is the worst over in the mortgage market?
- 12/17/2022
|
3 Promising Stocks From the Mortgage & Related Services Industry (Revised)
- Despite a rise in mortgage rates and falling origination volumes, PFSI, UWMC and TSLX are likely to hold ground on robust servicing opportunities and technological enhancements.
- 12/01/2022
|
Is PennyMac Financial Services (PFSI) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/30/2022
|
Should Value Investors Buy PennyMac Financial Services (PFSI) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/11/2022
|
PennyMac Financial Services, Inc. (PFSI) Q3 2022 Earnings Call Transcript
- PennyMac Financial Services, Inc. (NYSE:PFSI ) Q3 2022 Results Conference Call October 27, 2022 5:00 PM ET Company Participants Isaac Garden - Vice President, Investor Relations David Spector - Chairman & Chief Executive Officer Doug Jones - President Dan Perotti - Senior Managing Director & Chief Financial Officer Isaac Garden Good afternoon and welcome to the third quarter earnings discussion for PennyMac Financial Services, Inc. The slides that accompany this discussion are available on PennyMac Financial's website at ir.pennymacfinancial.com. Before we begin, let me remind you that our discussion contains forward-looking statements that are subject to risks identified on Slide 2 that could cause our actual results to differ materially, as well as non-GAAP measures that have been reconciled to their GAAP equivalent in our earnings presentation.
- 10/30/2022
|
Why Shares of PennyMac Financial Services Popped Today
- The company reported better-than-expected third-quarter results.
- 10/28/2022
|
PennyMac Financial (PFSI) Q3 Earnings and Revenues Surpass Estimates
- PennyMac (PFSI) delivered earnings and revenue surprises of 119.64% and 13.51%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/27/2022
|
Are Investors Undervaluing PennyMac Financial Services (PFSI) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/26/2022
|
PennyMac Financial Services, Inc. Announces Date for Release of Third Quarter 2022 Results
- WESTLAKE VILLAGE, Calif.
- 10/20/2022
|
Short Sellers Pin PennyMac (PFSI) Stock at Heart of Looming Housing Crisis
- PennyMac Financial Services (NYSE: PFSI ) may be the torchbearer of the next great mortgage crisis, according to Roddy Boyd at the Foundation for Financial Journalism. Indeed the mortgage lender has been recognized as a potential source of a major mortgage default that may well send the entire housing market — and the greater economy — into a spiral.
- 10/11/2022
|
PennyMac Mortgage Investment Trust to Present at the 2022 Barclays Global Financial Services Conference
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that it will present jointly with PennyMac Financial Services, Inc. (NYSE: PFSI) at the 2022 Barclays Global Financial Services Conference. Chairman and Chief Executive Officer, David A. Spector, and Senior Managing Director and Chief Financial Officer, Daniel S. Perotti will participate in a fireside chat at 9:00 a.m. Eastern Time on Wednesday, September 14, 2022. A link to the live audio
- 09/07/2022
|
PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q2 2022 Results - Earnings Call Transcript
- PennyMac Financial Services, Inc. (NYSE:PFSI ) Q2 2022 Earnings Conference Call August 2, 2022 4:30 PM ET Company Participants Isaac Garden - Vice President, Investor Relations David Spector - Chairman & Chief Executive Officer Doug Jones - President Dan Perotti - Senior Managing Director & Chief Financial Officer Conference Call Participants Isaac Garden Good afternoon and welcome to the Second Quarter Earnings Discussion for PennyMac Financial Services Inc. The slides that accompany this discussion are available on PennyMac Financial's website at ir.pennymacfinancial.com. Before we begin, let me remind you that our discussion contains forward-looking statements that are subject to risks identified on slide two that could cause our actual results to differ materially as well as non-GAAP measures that have been reconciled to their GAAP equivalent in our earnings presentation.
- 08/03/2022
|
PennyMac Financial (PFSI) Surpasses Q2 Earnings and Revenue Estimates
- PennyMac (PFSI) delivered earnings and revenue surprises of 86.89% and 7.53%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/02/2022
|
PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q1 2022 Results - Earnings Call Transcript
- PennyMac Financial Services, Inc. (NYSE:PFSI ) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Participants David Spector - Chairman & Chief Executive Officer Doug Jones - President & Chief Mortgage Banking Officer Dan Perotti - Senior Managing Director & Chief Financial Officer Operator Good afternoon and welcome to the First Quarter Earnings Discussion for PennyMac Financial Services, Inc. The slides that accompany this discussion are available on PennyMac Financial's website at ir.pennymacfinancial.com. Before we begin, let me remind you that this discussion contains forward-looking statements that are subject to risks identified on Slide 2 that could cause our actual results to differ materially as well as non-GAAP measures that have been reconciled to their GAAP equivalent in our earnings presentation.
- 05/08/2022
|
PennyMac Financial (PFSI) Tops Q1 Earnings and Revenue Estimates
- PennyMac (PFSI) delivered earnings and revenue surprises of 1.73% and 10.08%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/05/2022
|
Earnings Preview: PennyMac Financial (PFSI) Q1 Earnings Expected to Decline
- PennyMac (PFSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/28/2022
|
3 Preferred Stocks With 7%+ Yield, For Uncertain Times, And Big Income
- The news media would have you believe the end is near. We've seen this story before.
- 04/24/2022
|
Here's Why United Wholesale Is Betting on Home Purchases
- There's low multiple and high yield, but overall sentiment about this mortgage broker is downright awful.
- 03/05/2022
|
7 Insider Stocks to Buy as Execs Snap Them Up
- With equity prices soaring to record levels, many execs have cashed out. Here are the insider stocks where execs are cashing in.
- 02/18/2022
|
Insiders Buy More Than $18M Of 4 Stocks
- The Dow Jones jumped more than 400 points on Tuesday after Russia announced it would pull back some troops positioned on the Ukrainian border. Investors, meanwhile, focused on some notable insider trades.
- 02/16/2022
|
PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q4 2021 Results - Earnings Call Transcript
- PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q4 2021 Results - Earnings Call Transcript
- 02/03/2022
|
PennyMac Financial (PFSI) Tops Q4 Earnings Estimates
- PennyMac (PFSI) delivered earnings and revenue surprises of 15.88% and 11.05%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/03/2022
|
PennyMac Financial Services, Inc. Announces Date for Release of Fourth Quarter and Full-Year 2021 Results
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter and year ended December 31, 2021 in a news release to be issued after the market close on Thursday, February 3, 2022. The release will be available online at www.ir.pennymacfinancial.com. The Company's executives will review the results in a recorded presentation. The recording and accompanying slide presentation will be available on the Company's website concurrently
- 01/27/2022
|
PennyMac: Attractive Valuation But I Am Not Buying Yet
- PennyMac: Attractive Valuation But I Am Not Buying Yet
- 12/17/2021
|
How Much Upside is Left in PennyMac (PFSI)? Wall Street Analysts Think 28%
- The mean of analysts' price targets for PennyMac (PFSI) points to a 28% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 11/09/2021
|
GLQ: Heavy USA Exposure And High Leverage Pose Risks
- GLQ: Heavy USA Exposure And High Leverage Pose Risks
- 11/08/2021
|
PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q3 2021 Results - Earnings Call Transcript
- PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q3 2021 Results - Earnings Call Transcript
- 11/07/2021
|
PennyMac Financial (PFSI) Tops Q3 Earnings and Revenue Estimates
- PennyMac (PFSI) delivered earnings and revenue surprises of 14.80% and 1.61%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/04/2021
|
PennyMac Financial Services, Inc. Announces Date for Release of Third Quarter 2021 Results
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended September 30, 2021 in a news release to be issued after the market close on Thursday, November 4, 2021. The release will be available online at www.ir.pennymacfinancial.com. The Company's executives will review the results in a recorded presentation. The recording and accompanying slide presentation will be available on the Company's website concurrently with the
- 10/28/2021
|
PennyMac (PFSI) Upgraded to Strong Buy: What Does It Mean for the Stock?
- PennyMac (PFSI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 10/08/2021
|
New Strong Buy Stocks for October 8th
- CNXC, DLTH, NVEE, MRVI, and PFSI have been added to the Zacks Rank #1 (Strong Buy) List on October 8, 2021.
- 10/08/2021
|
PennyMac Financial Services, Inc. Announces Receipt of Requisite Consents in Consent Solicitations for Each of Its 5.375% Senior Notes due 2025 and Its 4.250% Senior Notes due 2029
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced that it has received the requisite consents to implement the Proposed Amendments (as defined below) to the indentures (the “Indentures”) governing its (i) 5.375% Senior Notes due 2025 (the “2025 Notes”) and (ii) 4.250% Senior Notes due 2029 (the “2029 Notes” and together with the 2025 Notes, the “Notes”) in connection with its previously announced solicitations of consents (
- 10/08/2021
|
After Plunging 9.3% in 4 Weeks, Here's Why the Trend Might Reverse for PennyMac (PFSI)
- PennyMac (PFSI) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
- 09/29/2021
|
PennyMac Financial Services, Inc. Announces Commencement of Consent Solicitations for Each of Its 5.375% Senior Notes due 2025 and its 4.250% Senior Notes due 2029
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced that it is soliciting consents (the “Consent Solicitations”) from the holders of its (i) 5.375% Senior Notes due 2025 (the “2025 Notes”) and (ii) 4.250% Senior Notes due 2029 (the “2029 Notes” and together with the 2025 Notes, the “Notes”) for the adoption of proposed amendments (the “Proposed Amendments”) to the indentures governing the Notes (the “Indentures”) to conform t
- 09/27/2021
|
Here's My Top Value Stock to Buy Right Now
- This mortgage stock's value and income make a great combination.
- 09/18/2021
|
PennyMac Financial Services, Inc. Announces Pricing of Private Offering of $500 Million of Senior Notes
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced the pricing of its offering of $500 million aggregate principal amount of 5.750% Senior Notes due 2031 (the “Notes”). The Notes will bear interest at 5.750% per annum and will mature on September 15, 2031. Interest on the Notes will be payable semi-annually on March 15 and September 15 of each year, beginning on March 15, 2022. The Notes will be fully and unconditionally gua
- 09/13/2021
|
PennyMac Financial Services, Inc. Announces Proposed Private Offering of $500 Million of Senior Notes
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced that it intends to offer $500 million aggregate principal amount of Senior Notes due 2031 (the “Notes”). The Notes will be fully and unconditionally guaranteed on an unsecured senior basis by the Company's existing and future wholly owned domestic subsidiaries, other than certain excluded subsidiaries. The Company intends to use the net proceeds from this offering for genera
- 09/13/2021
|
PennyMac Financial Services, Inc. to Present at the 2021 Barclays Global Financial Services Conference
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that its Chairman and Chief Executive Officer, David A. Spector, and Senior Managing Director and Chief Financial Officer, Daniel S. Perotti, will participate in a fireside chat discussion at the Barclays Global Financial Services Conference at 12:45 p.m. Eastern Time on Wednesday, September 15, 2021. A link to the live audio webcast will be available on PennyMac Financial Services' Investo
- 09/08/2021
|
PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q2 2021 Results - Earnings Call Transcript
- PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q2 2021 Results - Earnings Call Transcript
- 08/08/2021
|
PennyMac Financial (PFSI) Q2 Earnings and Revenues Lag Estimates
- PennyMac (PFSI) delivered earnings and revenue surprises of -15.52% and -7.47%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 08/05/2021
|
Recap: PennyMac Financial Servs Q2 Earnings
- Shares of PennyMac Financial Servs (NYSE:PFSI) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 33.03% over the past year to $2.94, which missed the estimate of $3.54.
- 08/05/2021
|
PennyMac Financial Services, Inc. Reports Second Quarter 2021 Results
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $204.2 million for the second quarter of 2021, or $2.94 per share on a diluted basis, on revenue of $742.3 million. Book value per share increased to $54.49 from $51.78 at March 31, 2021. PFSI's Board of Directors declared a second quarter cash dividend of $0.20 per share, payable on August 26, 2021, to common stockholders of record as of August 16, 2021. PFSI's Board of Direct
- 08/05/2021
|
These 4 Stock Picks Appear Underestimated by the Market
- When searching for value opportunities, investors may want to consider the following stocks, since their prices are trading at a discount to the intrinsic value calculated by GuruFocus' earnings-based discounted cash flow (DCF) calculator.
- 07/20/2021
|
7 Stocks That Insiders Are Snapping Up Right Now
- Tracking stocks insiders are buying is always helpful. Tips for beating the market tend to come and go quickly, but this one has held up.
- 07/13/2021
|
PennyMac Financial Services: Continued Channel Growth Supports The Medium-Term Case
- PennyMac Financial Services: Continued Channel Growth Supports The Medium-Term Case
- 06/28/2021
|
PennyMac Mortgage Investment Trust Announces Update for Investor Day on June 17, 2021
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today announced an update regarding its combined virtual Investor Day with PennyMac Financial Services, Inc. (NYSE: PFSI) on Thursday, June 17, 2021. Registration for the event is now open and available on the Company's investor relations website at www.PennyMac-REIT.com. A live video webcast will be available on the Company's website concurrent with the event. For those unable to join the live video webca
- 06/10/2021
|
5 Stocks With High Guru and Insider Buys in the Past 3 Months
- According to the Double Buys page, a Premium feature of GuruFocus, five stocks that had multiple guru and insider buys during the second quarter are PennyMac Financial Services inc. ( PFSI , Financial), Sensei Biotherapeutics Inc. ( SNSE , Financial), Hayward Holdings Inc. ( HAYW , Financial), Vistra Corp. ( VST , Financial) and Peloton Interactive Inc. ( PTON , Financial).
- 06/09/2021
|
Can Rocket's Other Businesses Help It Overcome a Slowing Mortgage Market?
- The mortgage lender looks to diversify its revenue streams with its other Rocket companies.
- 05/30/2021
|
PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q1 2021 Results - Earnings Call Transcript
- PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q1 2021 Results - Earnings Call Transcript
- 05/09/2021
|
PennyMac (PFSI) to Report Q1 Earnings: What's in the Cards?
- PennyMac's (PFSI) Q1 earnings might have been positively impacted by low mortgage rates.
- 05/05/2021
|
PennyMac Financial Services, Inc. Announces Date for 2021 Annual Meeting of Stockholders
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today announced that it will hold its 2021 Annual Meeting of Stockholders at 11:00 a.m. Pacific Daylight Time on Thursday, June 3, 2021 virtually by means of a live webcast. Stockholders of record as of the close of business on April 6, 2021 are entitled to receive notice of, to attend, and to vote at the virtual annual meeting. Stockholders who wish to participate can visit www.virtualshareholdermeeting.c
- 04/14/2021
|
3 Stock Picks With a Low Shiller Price-Earnings Ratio
- Selecting securities with compelling Shiller price-earnings ratios increases the likelihood of identifying value opportunities, in my opinion. Thus, investors may want to consider the following companies, as their Shiller price-earnings ratios are standing below the S&P 500 Index's historical average of 16.81 as of Friday, April 9.
- 04/12/2021
|
5 Top-Ranked Stocks With Solid Sales Growth Worth Betting on
- Sales growth is an indicator of a company's future earnings performance. Let's check out Williams-Sonoma (WSM), Southern Copper (SCCO), Qorvo (QRVO), PennyMac Financial (PFSI) & Medical Properties Trust (MPW) that may see robust sales growth.
- 04/06/2021
|
Is UWM Holdings a Buy?
- A disconnect between the fundamentals and investor sentiment raises questions.
- 03/21/2021
|
The Past Week's Notable Insider Buys Include Coupang, Keurig Dr Pepper, IPOs And More
- Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. Some insiders took advantage of initial public offerings in the past week.
- 03/21/2021
|
5 Undervalued Stocks Below the Peter Lynch Value
- According to the GuruFocus All-in-One Screener, a Premium feature, as of March 15, the following companies are trading below their Peter Lynch fair values with wide margins of safety and have had positive performances over the past 12 months.
- 03/15/2021
|
Last Week's Notable Insider Buys: News Corp, Microsoft, Snowflake, Walmart And More
- Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. A media mogul was among the insiders making purchases this week.
- 03/13/2021
|
PennyMac (PFSI) Surges 7%: Is This an Indication of Further Gains?
- PennyMac (PFSI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
- 03/08/2021
|
PennyMac Financial Services, Inc. Announces Appointment of President and Chief Mortgage Banking Officer
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today announced the appointment of Doug Jones as President and Chief Mortgage Banking Officer. Mr. Jones had previously served as the Company's Senior Managing Director and Chief Mortgage Banking Officer, as well as President of PennyMac Loan Services, the Company's mortgage banking subsidiary. In his new role, Mr. Jones continues to be responsible for all activities relating to the Company's loan producti
- 03/03/2021
|
PennyMac Financial Services, Inc. Announces Appointment of Chairman, Addition to Its Board of Directors, and Transition of Lead Independent Director
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today announced the appointment of David A. Spector as Chairman of the Board. Mr. Spector will continue to serve as Chief Executive Officer. The company also announced that Jonathon S. Jacobson, Founder of HighSage Ventures, has joined the Board of Directors. “I am honored that the Board has entrusted me with this additional responsibility, and I am excited to continue leading this great company forward,”
- 02/24/2021
|
PennyMac Crushes It on Record Mortgage Volume. Can the Party Continue?
- The Fed will want it to.
- 02/12/2021
|
PennyMac Financial Services, Inc. Announces Pricing of Upsized Private Offering of $650 Million of Senior Notes
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced the pricing of its offering of $650 million aggregate principal amount of 4.250% Senior Notes due 2029 (the “Notes”). The size of the offering was increased from the previously announced $500 million aggregate principal amount. The Notes will bear interest at 4.250% per annum and will mature on February 15, 2029. Interest on the Notes will be payable semi-annually on Februar
- 02/08/2021
|
PennyMac Financial Services, Inc. Announces Proposed Private Offering of $500 Million of Senior Notes
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced that it intends to offer $500 million aggregate principal amount of Senior Notes due 2029 (the “Notes”). The Notes will be fully and unconditionally guaranteed on an unsecured senior basis by the Company's existing and future wholly owned domestic subsidiaries, other than certain excluded subsidiaries. The Company intends to use the net proceeds from this offering for genera
- 02/08/2021
|
The Clough Closed-End Funds Continue To Perform
- The Clough funds all have impressive records. GLV previously paid a higher distribution yield even though it didn't earn as much as its two siblings, GLO and GLQ. That's been rectified with the big dividend increases (21%) for GLO and GLQ and the slight (4%) cut to GLV's payout.
- 02/06/2021
|
PennyMac Financial (PFSI) Surpasses Q4 Earnings Estimates
- PennyMac (PFSI) delivered earnings and revenue surprises of 0.84% and -1.59%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/04/2021
|
PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q4 2020 Results - Earnings Call Transcript
- PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q4 2020 Results - Earnings Call Transcript
- 02/04/2021
|
PennyMac Financial Services, Inc. Reports Fourth Quarter and Full-Year 2020 Results and Increases Quarterly Dividend
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $452.8 million for the fourth quarter of 2020, or $5.97 per share on a diluted basis, on revenue of $1.0 billion. Book value per share increased to $47.80 from $41.67 at September 30, 2020. PFSI's Board of Directors declared a fourth quarter cash dividend of $0.20 per share, a 33 percent increase from the prior quarter, payable on February 25, 2021, to common stockholders of re
- 02/04/2021
|
PennyMac (PFSI) to Report Q4 Earnings: What's in the Cards?
- PennyMac's (PFSI) Q4 results will likely display the positive impact of low mortgage rates.
- 02/03/2021
|
United Wholesale Merges With a SPAC: Should You Buy Into Mortgage Mania?
- United Wholesale is the only mortgage company expected to increase earnings this year.
- 01/27/2021
|
5 Banks Popular Among Gurus
- According to the GuruFocus All-in-One Screener as of Jan. 21, the following banks are popular among gurus.
- 01/21/2021
|
Top Ranked Momentum Stocks to Buy for January 5th
- Top Ranked Momentum Stocks to Buy for January 5th
- 01/05/2021
|
4 Top Momentum Stocks Powered by Driehaus Strategy
- Investors with a high-risk appetite might give the Driehaus strategy a thought to boost their returns.
- 01/05/2021
|
PennyMac Financial's (PFSI) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in PennyMac Financial Services (PFSI).
- 12/28/2020
|
5 Top Stocks With Attractive Sales Growth to Keep an Eye on
- A steady sales growth is key to survival for any company. Let's check Broadcom (AVGO), PennyMac Financial (PFSI), ResMed (RMD) Williams-Sonoma (WSM) & Parker-Hannifin (PH) as these are likely to witness solid sales growth.
- 12/24/2020
|
4 Profitable Stocks Boasting Amazingly High Net Income Ratio
- A high net income ratio shows that the company is able to effectively manage all its business activities.
- 12/18/2020
|
How Risky Is Rocket Stock?
- The mortgage originator has some risk, but its earnings multiples are extremely low and Wall Street is underestimating it.
- 12/17/2020
|
PennyMac Financial Services, Inc. Announces Promotions of Executive Officers
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today announced that Andrew S. Chang, currently Senior Managing Director and Chief Financial Officer, will become Senior Managing Director and Chief Operating Officer of the Company. In this new role, Mr. Chang will continue to oversee the Company's finance division and will add responsibilities for enterprise operations, including marketing, human resources, corporate administration and regulatory relatio
- 12/16/2020
|
Can the Bunny Come Roaring Back?
- Perhaps you've seen the Energizer Bunny in a battery commercial. It is "still going" long after you'd expect it to fade.
- 12/14/2020
|
3 Potential Bargains for the Value Investor
- As of Nov. 20, three stocks appear to be undervalued by the market as their price-earnings ratios without non-recurring items trade below 20 while their price-earnings to growth (PEG) ratios are less than 1.
- 11/22/2020
|
In the Best of Times for Mortgage Originators, PennyMac Reports Record Earnings
- The company boasts a booming business and a low-single-digit multiple.
- 11/13/2020
|
Why These Top Real Estate Stocks Fell by Double Digits in October
- The market's hot thanks to low rates...but those rates may be a bit too low.
- 11/09/2020
|
7 A-Rated Stocks To Buy That Are All-Weather Winners
- Every portfolio needs all-weather winners, and regardless of the election shakes out, these stocks are well-positioned to make gains. The post 7 A-Rated Stocks To Buy That Are All-Weather Winners appeared first on InvestorPlace.
- 11/09/2020
|
PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q3 2020 Results - Earnings Call Transcript
- PennyMac Financial Services, Inc. (PFSI) CEO David Spector on Q3 2020 Results - Earnings Call Transcript
- 11/08/2020
|
PennyMac Financial Services, Inc. Reports Record Third Quarter 2020 Results
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $535.2 million for the third quarter of 2020, or $7.03 per share on a diluted basis, on revenue of $1.1 billion. Book value per share increased to $41.67 from $34.26 at June 30, 2020. PFSI's Board of Directors declared a third quarter cash dividend of $0.15 per share, payable on November 25, 2020, to common stockholders of record as of November 16, 2020. Third Quarter 2020 High
- 11/05/2020
|
Why PennyMac Financial Services (PFSI) Stock is a Compelling Investment Case
- Gator Capital Management recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 13.18% for the third quarter, outperforming its benchmark, the S&P 500 Index which returned 8.93% in the same quarter. You should check out Gator Capital Management's top 5 stock picks for investors to buy right now, which could be the biggest winners of this year.
- 10/30/2020
|
PennyMac Financial Services, Inc. Announces Date for Release of Third Quarter 2020 Results
- WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended September 30, 2020 in a news release to be issued after the market close on Thursday, November 5, 2020. The release will be available online at www.ir.pennymacfinancial.com. The Company's executives will review the results in a recorded presentation. The recording and accompanying slide presentation will be available on the Company's website concurrently with the
- 10/28/2020
|
Housing REITs: Our No. 1 Sector For 2021
- The residential housing market has been extraordinarily strong in 2020. We take a look at the dynamics and explain why we believe the market will remain strong.
- 10/26/2020
|
