PennyMac Financial Services (PFSI) Stock Forecast, Price Target & Predictions
PFSI Stock Forecast
PennyMac Financial Services stock forecast is as follows: an average price target of $121.67 (represents a 19.68% upside from PFSI’s last price of $101.66) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
PFSI Price Target
The average price target for PennyMac Financial Services (PFSI) is $121.67 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $125.00 to $115.00. This represents a potential 19.68% upside from PFSI's last price of $101.66.
PFSI Analyst Ratings
According to 13 Wall Street analysts, PennyMac Financial Services's rating consensus is 'Buy'. The analyst rating breakdown for PFSI stock is 0 'Strong Buy' (0.00%), 6 'Buy' (46.15%), 5 'Hold' (38.46%), 2 'Sell' (15.38%), and 0 'Strong Sell' (0.00%).
PennyMac Financial Services Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 08, 2024 | Terry Ma | Barclays | $125.00 | $106.11 | 17.80% | 22.96% |
| Oct 01, 2024 | Kevin Barker | Piper Sandler | $125.00 | $113.97 | 9.68% | 22.96% |
| Jul 24, 2024 | Eric Hagen | BTIG | $115.00 | $97.71 | 17.70% | 13.12% |
| Apr 09, 2024 | Terry Ma | Barclays | $112.00 | $90.04 | 24.39% | 10.17% |
| Feb 03, 2023 | Barclays | $69.00 | $72.55 | -4.89% | -32.13% | |
| Jan 06, 2023 | Barclays | $58.00 | $58.55 | -0.94% | -42.95% | |
| Dec 06, 2022 | Wells Fargo | $75.00 | $57.09 | 31.37% | -26.22% | |
| Sep 27, 2022 | Mark DeVries | Barclays | $65.00 | $45.38 | 43.23% | -36.06% |
| Apr 21, 2022 | BTIG | $60.00 | $49.95 | 20.12% | -40.98% |
The latest PennyMac Financial Services stock forecast, released on Oct 08, 2024 by Terry Ma from Barclays, set a price target of $125.00, which represents a 17.80% increase from the stock price at the time of the forecast ($106.11), and a 22.96% increase from PFSI last price ($101.66).
PennyMac Financial Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $125.00 | $119.25 |
| Last Closing Price | $101.66 | $101.66 | $101.66 |
| Upside/Downside | -100.00% | 22.96% | 17.30% |
In the current month, the average price target of PennyMac Financial Services stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PennyMac Financial Services's last price of $101.66. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Oct 08, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
| Oct 08, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Oct 08, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 01, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 24, 2024 | BTIG | Buy | Buy | Hold |
| Jul 24, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 22, 2024 | Keefe, Bruyette & Woods | Underperform | Market Perform | Downgrade |
| Jul 18, 2024 | Jefferies | Buy | Buy | Hold |
| Jul 10, 2024 | Wedbush | Buy | Buy | Hold |
| Jul 10, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Apr 09, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 02, 2023 | Keefe, Bruyette & Woods | Outperform | Upgrade | |
| Feb 07, 2023 | Piper Sandler | Neutral | Downgrade | |
| Feb 03, 2023 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jan 06, 2023 | Barclays | Overweight | Equal-Weight | Downgrade |
| Dec 06, 2022 | UBS | Neutral | Downgrade | |
| Dec 06, 2022 | Scotiabank | Underperform | Downgrade | |
| Dec 06, 2022 | TD Securities | Reduce | Downgrade | |
| Dec 06, 2022 | BTIG | Neutral | Downgrade | |
| Dec 06, 2022 | Deutsche Bank | Sell | Downgrade | |
| Dec 06, 2022 | Morgan Stanley | Equal-Weight | Downgrade | |
| Dec 06, 2022 | Cowen & Co. | Outperform | Initialise | |
| Dec 06, 2022 | Wells Fargo | Overweight | Upgrade | |
| Nov 30, 2022 | JonesTrading | Hold | Downgrade | |
| Sep 27, 2022 | Barclays | Overweight | Overweight | Hold |
PennyMac Financial Services's last stock rating was published by Piper Sandler on Oct 23, 2024. The company gave PFSI a "Overweight" rating, the same as its previous rate.
PennyMac Financial Services Financial Forecast
PennyMac Financial Services Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $361.94M | $336.07M | $570.45M | $671.08M | $510.72M | $463.84M | $582.64M | $734.81M | $523.32M | $1.03B | $844.54M | $1.05B | $-239.25M | $1.31B | $874.30M | $784.19M | $546.21M | $492.66M |
| Avg Forecast | $649.02M | $687.86M | $667.45M | $613.32M | $622.77M | $629.77M | $589.77M | $529.62M | $533.46M | $513.12M | $469.64M | $430.79M | $418.49M | $401.96M | $398.95M | $344.36M | $348.74M | $416.44M | $482.36M | $624.39M | $760.81M | $816.05M | $795.32M | $1.03B | $1.04B | $959.71M | $650.05M | $575.78M | $448.30M | $381.01M |
| High Forecast | $693.14M | $734.62M | $712.82M | $655.01M | $665.10M | $672.59M | $629.87M | $558.05M | $577.04M | $520.04M | $469.64M | $430.79M | $448.30M | $423.30M | $426.07M | $367.76M | $372.45M | $416.44M | $482.36M | $624.39M | $760.81M | $816.05M | $795.32M | $1.03B | $1.04B | $959.71M | $650.05M | $575.78M | $448.30M | $381.01M |
| Low Forecast | $608.91M | $645.34M | $626.20M | $575.41M | $584.28M | $590.85M | $553.32M | $504.44M | $496.27M | $506.21M | $469.64M | $430.79M | $376.63M | $381.00M | $374.29M | $323.07M | $327.19M | $416.44M | $482.36M | $624.39M | $760.81M | $816.05M | $795.32M | $1.03B | $1.04B | $959.71M | $650.05M | $575.78M | $448.30M | $381.01M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.86% | 0.84% | 1.43% | 1.95% | 1.46% | 1.11% | 1.21% | 1.18% | 0.69% | 1.26% | 1.06% | 1.02% | -0.23% | 1.36% | 1.34% | 1.36% | 1.22% | 1.29% |
PennyMac Financial Services's average Quarter revenue forecast for Mar 24 based on 2 analysts is $430.79M, with a low forecast of $430.79M, and a high forecast of $430.79M. PFSI's average Quarter revenue forecast represents a 19.02% increase compared to the company's last Quarter revenue of $361.94M (Dec 23).
PennyMac Financial Services EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $204.16M | $126.80M | $72.92M | $38.15M | $67.73M | $185.47M | $177.53M | $245.31M | $244.78M | $349.93M | $290.39M | $517.02M | $628.78M | $737.85M | $488.77M | $423.07M | $794.50M | $229.00M |
| Avg Forecast | $221.57M | $234.82M | $227.86M | $209.38M | $212.60M | $214.99M | $201.34M | $180.80M | $182.11M | $175.17M | $160.33M | $237.46M | $142.87M | $137.22M | $136.20M | $215.87M | $328.09M | $134.15M | $155.38M | $196.25M | $245.08M | $262.88M | $256.20M | $570.17M | $333.67M | $309.15M | $209.40M | $280.53M | $144.41M | $122.74M |
| High Forecast | $236.63M | $250.79M | $243.35M | $223.61M | $227.06M | $229.61M | $215.03M | $190.51M | $196.99M | $177.53M | $160.33M | $284.95M | $153.04M | $144.51M | $145.45M | $259.05M | $393.71M | $134.15M | $155.38M | $235.50M | $245.08M | $262.88M | $256.20M | $684.20M | $333.67M | $309.15M | $209.40M | $336.63M | $144.41M | $122.74M |
| Low Forecast | $207.87M | $220.31M | $213.77M | $196.44M | $199.46M | $201.71M | $188.90M | $172.21M | $169.42M | $172.81M | $160.33M | $189.97M | $128.58M | $130.07M | $127.78M | $172.70M | $262.47M | $134.15M | $155.38M | $157.00M | $245.08M | $262.88M | $256.20M | $456.13M | $333.67M | $309.15M | $209.40M | $224.42M | $144.41M | $122.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.43% | 0.92% | 0.54% | 0.18% | 0.21% | 1.38% | 1.14% | 1.25% | 1.00% | 1.33% | 1.13% | 0.91% | 1.88% | 2.39% | 2.33% | 1.51% | 5.50% | 1.87% |
2 analysts predict PFSI's average Quarter EBITDA for Mar 24 to be $237.46M, with a high of $284.95M and a low of $189.97M. This is 16.31% upper than PennyMac Financial Services's previous annual EBITDA (Dec 23) of $204.16M.
PennyMac Financial Services Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-36.84M | $92.87M | $58.25M | $30.38M | $37.62M | $135.13M | $129.16M | $173.59M | $173.08M | $249.31M | $204.23M | $376.87M | $452.80M | $535.16M | $352.68M | $306.24M | $152.66M | $121.47M |
| Avg Forecast | $206.88M | $224.34M | $217.84M | $193.42M | $198.46M | $200.20M | $183.92M | $164.00M | $165.93M | $143.34M | $136.53M | $168.04M | $-32.64M | $90.54M | $86.57M | $152.76M | $231.99M | $64.93M | $61.16M | $138.87M | $188.84M | $182.42M | $174.84M | $415.61M | $314.83M | $283.96M | $153.51M | $203.06M | $85.73M | $69.85M |
| High Forecast | $225.17M | $244.16M | $237.09M | $210.51M | $216.00M | $217.90M | $200.18M | $179.00M | $185.48M | $145.71M | $136.84M | $201.65M | $51.39M | $102.86M | $94.22M | $183.31M | $278.39M | $66.29M | $61.29M | $166.65M | $188.84M | $182.42M | $174.84M | $498.73M | $314.83M | $283.96M | $153.51M | $243.68M | $85.73M | $69.85M |
| Low Forecast | $190.26M | $206.31M | $200.34M | $177.87M | $182.51M | $184.12M | $169.15M | $147.45M | $150.08M | $140.97M | $136.21M | $134.43M | $-63.35M | $82.50M | $79.61M | $122.21M | $185.59M | $63.56M | $61.02M | $111.10M | $188.84M | $182.42M | $174.84M | $332.48M | $314.83M | $283.96M | $153.51M | $162.45M | $85.73M | $69.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 1.03% | 0.67% | 0.20% | 0.16% | 2.08% | 2.11% | 1.25% | 0.92% | 1.37% | 1.17% | 0.91% | 1.44% | 1.88% | 2.30% | 1.51% | 1.78% | 1.74% |
PennyMac Financial Services's average Quarter net income forecast for Dec 23 is $-32.64M, with a range of $-63.35M to $51.39M. PFSI's average Quarter net income forecast represents a -135.15% decrease compared to the company's last Quarter net income of $92.87M (Sep 23).
PennyMac Financial Services SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $139.32M | $25.47M | $33.53M | $33.07M | $29.88M | $35.13M | $43.17M | $51.98M | $84.89M | $33.82M | $33.86M | $22.32M | $28.39M | $26.80M | $20.79M | $21.44M | $18.82M | $16.94M |
| Avg Forecast | $45.39M | $48.11M | $46.68M | $42.90M | $43.56M | $44.05M | $41.25M | $37.04M | $37.31M | $35.89M | $32.85M | $50.31M | $29.27M | $28.11M | $27.90M | $45.74M | $75.94M | $21.86M | $25.32M | $41.58M | $39.94M | $42.84M | $41.75M | $24.62M | $54.37M | $50.38M | $34.12M | $26.89M | $23.53M | $20.00M |
| High Forecast | $48.48M | $51.38M | $49.86M | $45.81M | $46.52M | $47.04M | $44.05M | $39.03M | $40.36M | $36.37M | $32.85M | $60.37M | $31.36M | $29.61M | $29.80M | $54.89M | $91.13M | $21.86M | $25.32M | $49.90M | $39.94M | $42.84M | $41.75M | $29.54M | $54.37M | $50.38M | $34.12M | $32.26M | $23.53M | $20.00M |
| Low Forecast | $42.59M | $45.14M | $43.80M | $40.25M | $40.87M | $41.33M | $38.70M | $35.28M | $34.71M | $35.41M | $32.85M | $40.25M | $26.34M | $26.65M | $26.18M | $36.59M | $60.75M | $21.86M | $25.32M | $33.26M | $39.94M | $42.84M | $41.75M | $19.69M | $54.37M | $50.38M | $34.12M | $21.51M | $23.53M | $20.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.76% | 0.91% | 1.20% | 0.72% | 0.39% | 1.61% | 1.70% | 1.25% | 2.13% | 0.79% | 0.81% | 0.91% | 0.52% | 0.53% | 0.61% | 0.80% | 0.80% | 0.85% |
PennyMac Financial Services's average Quarter SG&A projection for Mar 24 is $50.31M, based on 2 Wall Street analysts, with a range of $40.25M to $60.37M. The forecast indicates a -63.89% fall compared to PFSI last annual SG&A of $139.32M (Dec 23).
PennyMac Financial Services EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.74 | $1.86 | $1.17 | $0.61 | $0.75 | $2.59 | $2.38 | $3.11 | $2.97 | $4.02 | $3.10 | $5.45 | $6.31 | $7.39 | $4.53 | $3.89 | $1.95 | $1.55 |
| Avg Forecast | $3.87 | $4.19 | $4.07 | $3.62 | $3.71 | $3.74 | $3.44 | $3.07 | $3.10 | $2.68 | $2.55 | $2.27 | $-0.61 | $1.69 | $1.62 | $1.06 | $1.08 | $1.22 | $1.15 | $2.38 | $3.55 | $3.43 | $3.29 | $5.74 | $5.92 | $5.34 | $2.89 | $2.94 | $1.61 | $1.31 |
| High Forecast | $4.21 | $4.56 | $4.43 | $3.94 | $4.04 | $4.07 | $3.74 | $3.35 | $3.47 | $2.72 | $2.56 | $2.27 | $0.96 | $1.92 | $1.76 | $1.16 | $1.17 | $1.25 | $1.15 | $2.38 | $3.55 | $3.43 | $3.29 | $5.74 | $5.92 | $5.34 | $2.89 | $2.94 | $1.61 | $1.31 |
| Low Forecast | $3.56 | $3.86 | $3.74 | $3.33 | $3.41 | $3.44 | $3.16 | $2.76 | $2.81 | $2.64 | $2.55 | $2.27 | $-1.18 | $1.54 | $1.49 | $0.98 | $0.99 | $1.19 | $1.15 | $2.38 | $3.55 | $3.43 | $3.29 | $5.74 | $5.92 | $5.34 | $2.89 | $2.94 | $1.61 | $1.31 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.21% | 1.10% | 0.72% | 0.57% | 0.70% | 2.12% | 2.07% | 1.31% | 0.84% | 1.17% | 0.94% | 0.95% | 1.07% | 1.38% | 1.57% | 1.32% | 1.21% | 1.18% |
According to 4 Wall Street analysts, PennyMac Financial Services's projected average Quarter EPS for Dec 23 is $-0.61, with a low estimate of $-1.18 and a high estimate of $0.96. This represents a -132.81% decrease compared to PFSI previous annual EPS of $1.86 (Sep 23).