Barclays Issues Pessimistic Forecast for PennyMac Financial Services (NYSE:PFSI) Stock Price

PennyMac Financial Services (NYSE:PFSI) had its price objective reduced by research analysts at Barclays from $158.00 to $136.00 in a report issued on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the real estate investment trust’s stock. Barclays‘s price objective would indicate a potential upside of 40.16% from the company’s previous close.

A number of other equities research analysts also recently commented on the company. Keefe, Bruyette & Woods raised their target price on PennyMac Financial Services from $138.00 to $143.00 and gave the company a “market perform” rating in a report on Thursday, December 18th. Piper Sandler decreased their price objective on shares of PennyMac Financial Services from $168.00 to $137.00 and set an “overweight” rating on the stock in a report on Friday. Weiss Ratings lowered shares of PennyMac Financial Services from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, January 20th. Wells Fargo & Company reduced their price target on shares of PennyMac Financial Services from $150.00 to $135.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Jefferies Financial Group started coverage on PennyMac Financial Services in a research note on Friday, December 19th. They set a “buy” rating and a $160.00 price target on the stock. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, PennyMac Financial Services presently has a consensus rating of “Moderate Buy” and an average price target of $143.71.

PennyMac Financial Services Stock Performance

PFSI traded down $52.67 during trading on Friday, reaching $97.04. The company’s stock had a trading volume of 2,232,089 shares, compared to its average volume of 555,468. The company has a debt-to-equity ratio of 3.01, a quick ratio of 0.36 and a current ratio of 0.36. The company’s fifty day moving average price is $137.97 and its 200-day moving average price is $123.00. PennyMac Financial Services has a 52-week low of $85.74 and a 52-week high of $160.36. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of 10.52, a price-to-earnings-growth ratio of 0.67 and a beta of 1.57.

PennyMac Financial Services (NYSE:PFSI) last issued its earnings results on Thursday, January 29th. The real estate investment trust reported $1.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.23 by ($1.26). PennyMac Financial Services had a return on equity of 11.69% and a net margin of 25.21%.The business had revenue of $538.01 million for the quarter, compared to analysts’ expectations of $639.81 million. During the same period last year, the company posted $1.95 earnings per share. The business’s quarterly revenue was up 14.4% on a year-over-year basis. On average, equities analysts forecast that PennyMac Financial Services will post 13.77 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Doug Jones sold 23,453 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $127.56, for a total value of $2,991,664.68. Following the completion of the transaction, the director owned 19,056 shares of the company’s stock, valued at $2,430,783.36. The trade was a 55.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Daniel Stanley Perotti sold 8,775 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $126.67, for a total transaction of $1,111,529.25. Following the sale, the chief financial officer owned 216,475 shares in the company, valued at approximately $27,420,888.25. This trade represents a 3.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 80,076 shares of company stock worth $10,512,190. Company insiders own 15.80% of the company’s stock.

Institutional Investors Weigh In On PennyMac Financial Services

Several hedge funds have recently made changes to their positions in PFSI. EverSource Wealth Advisors LLC acquired a new position in PennyMac Financial Services in the second quarter valued at $26,000. Strs Ohio acquired a new stake in PennyMac Financial Services in the 1st quarter worth about $30,000. GAMMA Investing LLC grew its holdings in PennyMac Financial Services by 97.3% in the 4th quarter. GAMMA Investing LLC now owns 288 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 142 shares during the period. Bayforest Capital Ltd acquired a new position in shares of PennyMac Financial Services during the 2nd quarter valued at about $62,000. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of PennyMac Financial Services by 26.3% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 504 shares of the real estate investment trust’s stock worth $62,000 after acquiring an additional 105 shares during the period. Institutional investors and hedge funds own 57.87% of the company’s stock.

More PennyMac Financial Services News

Here are the key news stories impacting PennyMac Financial Services this week:

• Positive Sentiment: Wells Fargo lowered its price target from $150 to $135 but maintained an “overweight” rating, implying meaningful upside from current levels — a vote of confidence from a major analyst despite recent weakness. Wells Fargo lowers PT
• Positive Sentiment: The board declared a quarterly cash dividend of $0.30 per share (record Feb 16; payable Feb 26), supporting income investors and signaling management’s continued capital return policy. (Ex‑div Feb 13.)
• Positive Sentiment: Brokerage consensus remains constructive: aggregate coverage shows a “Moderate Buy” stance, which can limit downside if macro conditions stabilize. Consensus rating
• Neutral Sentiment: Company published its Q4 earnings materials and call transcript/slides — useful for digging into margin drivers, credit trends and capital allocation. Investors should review the slides and call transcript for management guidance. Press release / slides
• Negative Sentiment: PFSI missed Q4 estimates: EPS $1.97 vs. $3.23 expected and revenue $538.0M vs. $639.8M expected; net income $106.8M. Management flagged margin pressure and the miss triggered a sharp share decline. Earnings miss coverage
• Negative Sentiment: Unusually large put option activity — ~3,076 puts traded vs. a typical 462 — signals elevated short‑bias/speculative hedging from options traders, which can add selling pressure and volatility.

About PennyMac Financial Services

PennyMac Financial Services, Inc (NYSE: PFSI) is a leading mortgage banking company based in Westlake Village, California. The firm operates through two primary business segments: Production and Mortgage Servicing Rights (MSR). In its Production segment, PennyMac originates residential mortgage loans through retail, wholesale and correspondent channels, focusing on both purchase and refinance transactions. The MSR segment involves the acquisition and servicing of mortgage loans, whereby the company earns fees for managing loan portfolios on behalf of investors.

Since its founding in 2008, PennyMac has grown through a combination of organic origination and strategic acquisition of servicing rights, positioning itself as one of the largest residential mortgage loan servicers in the United States.