Headlines about PennyMac Financial Services (NYSE:PFSI) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PennyMac Financial Services earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 44.2026275595789 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of PennyMac Financial Services (NYSE PFSI) opened at $21.90 on Thursday. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.16 and a quick ratio of 0.16. The stock has a market capitalization of $512.35, a P/E ratio of 8.15, a price-to-earnings-growth ratio of 1.87 and a beta of 0.68. PennyMac Financial Services has a 52 week low of $15.65 and a 52 week high of $22.20.

PennyMac Financial Services (NYSE:PFSI) last released its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.71. The firm had revenue of $250.64 million for the quarter, compared to analyst estimates of $238.59 million. PennyMac Financial Services had a return on equity of 4.11% and a net margin of 6.47%. The business’s quarterly revenue was down 14.0% compared to the same quarter last year. equities research analysts forecast that PennyMac Financial Services will post 2.29 EPS for the current fiscal year.

Several research firms have issued reports on PFSI. Barclays set a $25.00 price objective on PennyMac Financial Services and gave the company a “buy” rating in a research note on Tuesday. ValuEngine upgraded PennyMac Financial Services from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 15th. Zacks Investment Research upgraded PennyMac Financial Services from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 17th. BidaskClub upgraded PennyMac Financial Services from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Finally, Piper Jaffray Companies restated a “buy” rating on shares of PennyMac Financial Services in a research note on Tuesday, September 19th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $21.50.

In other news, insider Stanford L. Kurland sold 11,702 shares of the stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $20.00, for a total transaction of $234,040.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jeffrey Grogin sold 9,000 shares of the stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $17.11, for a total value of $153,990.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 162,510 shares of company stock worth $3,049,271. 45.64% of the stock is owned by corporate insiders.

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About PennyMac Financial Services

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.

Insider Buying and Selling by Quarter for PennyMac Financial Services (NYSE:PFSI)

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