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 $100.67 (represents a -13.63% downside from PFSI’s last price of $116.56) 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 $100.67 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $115.00 to $75.00. This represents a potential -13.63% downside from PFSI's last price of $116.56.
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%), 7 'Buy' (53.85%), 4 'Hold' (30.77%), 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 |
|---|---|---|---|---|---|---|
| Jul 24, 2024 | Eric Hagen | BTIG | $115.00 | $97.71 | 17.70% | -1.34% |
| Apr 09, 2024 | Terry Ma | Barclays | $112.00 | $90.04 | 24.39% | -3.91% |
| Feb 03, 2023 | - | Barclays | $69.00 | $72.55 | -4.89% | -40.80% |
| Jan 06, 2023 | - | Barclays | $58.00 | $58.55 | -0.94% | -50.24% |
| Dec 06, 2022 | - | Wells Fargo | $75.00 | $57.09 | 31.37% | -35.66% |
| Sep 27, 2022 | Mark DeVries | Barclays | $65.00 | $45.38 | 43.23% | -44.23% |
| Apr 21, 2022 | - | BTIG | $60.00 | $49.95 | 20.12% | -48.52% |
The latest PennyMac Financial Services stock forecast, released on Jul 24, 2024 by Eric Hagen from BTIG, set a price target of $115.00, which represents a 17.70% increase from the stock price at the time of the forecast ($97.71), and a -1.34% decrease from PFSI last price ($116.56).
PennyMac Financial Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $115.00 | $113.50 |
| Last Closing Price | $116.56 | $116.56 | $116.56 |
| Upside/Downside | -100.00% | -1.34% | -2.63% |
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 $116.56. 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 |
|---|---|---|---|---|
| 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 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Jul 10, 2024 | Wedbush | Buy | Buy | 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 |
PennyMac Financial Services's last stock rating was published by BTIG on Jul 24, 2024. The company gave PFSI a "Buy" 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 | Jul 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 | - | $734.81M | $523.32M | $1.03B | $844.54M | $1.05B | $-239.25M | $1.31B | $874.30M | $784.19M | $546.21M | $492.66M |
| Avg Forecast | $607.28M | $623.43M | $604.74M | $540.92M | $565.64M | $580.40M | $564.49M | $500.27M | $500.41M | $503.78M | $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 | $632.48M | $649.30M | $629.83M | $563.36M | $589.11M | $604.48M | $587.91M | $521.03M | $521.17M | $516.38M | $489.13M | $448.66M | $448.30M | $423.30M | $415.50M | $358.64M | $363.21M | $433.72M | $482.36M | $660.01M | $804.22M | $862.60M | $840.69M | $1.09B | $1.09B | $1.01B | $687.14M | $608.62M | $473.87M | $402.75M |
| Low Forecast | $581.78M | $597.26M | $579.35M | $518.20M | $541.89M | $556.03M | $540.79M | $479.27M | $479.40M | $485.77M | $449.92M | $412.70M | $376.63M | $381.00M | $382.20M | $329.90M | $334.10M | $398.96M | $482.36M | $590.03M | $718.94M | $771.13M | $751.55M | $974.63M | $978.80M | $906.89M | $614.27M | $544.08M | $423.62M | $360.04M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.86% | 0.84% | 1.43% | 1.95% | 1.46% | 1.11% | - | 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 $412.70M, and a high forecast of $448.66M. 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $204.16M | $126.80M | $72.92M | $38.15M | $67.73M | $185.47M | - | $245.31M | $244.78M | $349.93M | $290.39M | $517.02M | $628.78M | $737.85M | $488.77M | $423.07M | $794.50M | $229.00M |
| Avg Forecast | $195.63M | $200.83M | $194.81M | $174.25M | $182.21M | $186.97M | $181.84M | $161.15M | $161.20M | $162.28M | $151.29M | $237.46M | $134.81M | $129.49M | $128.52M | $215.87M | $112.34M | $278.75M | $155.38M | $196.25M | $298.26M | $298.13M | $335.45M | $570.17M | $586.16M | $504.34M | $261.41M | $280.53M | $144.41M | $194.04M |
| High Forecast | $203.74M | $209.16M | $202.89M | $181.48M | $189.77M | $194.72M | $189.39M | $167.84M | $167.89M | $166.34M | $157.56M | $284.95M | $144.41M | $136.36M | $133.85M | $259.05M | $117.00M | $334.50M | $155.38M | $235.50M | $357.92M | $357.76M | $402.54M | $684.20M | $703.39M | $605.20M | $313.69M | $336.63M | $152.65M | $232.84M |
| Low Forecast | $187.41M | $192.40M | $186.63M | $166.93M | $174.56M | $179.12M | $174.21M | $154.39M | $154.43M | $156.48M | $144.93M | $189.97M | $121.32M | $122.73M | $123.12M | $172.70M | $107.62M | $223.00M | $155.38M | $157.00M | $238.61M | $238.50M | $268.36M | $456.13M | $468.92M | $403.47M | $209.12M | $224.42M | $136.46M | $155.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.51% | 0.98% | 0.57% | 0.18% | 0.60% | 0.67% | - | 1.25% | 0.82% | 1.17% | 0.87% | 0.91% | 1.07% | 1.46% | 1.87% | 1.51% | 5.50% | 1.18% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-36.84M | $92.87M | $58.25M | $30.38M | $37.62M | $135.13M | - | $173.59M | $173.08M | $249.31M | $204.23M | $376.87M | $452.80M | $535.16M | $352.68M | $306.24M | $152.66M | $121.47M |
| Avg Forecast | $202.54M | $209.78M | $201.29M | $175.65M | $172.10M | $175.37M | $169.76M | $148.32M | $150.83M | $149.39M | $136.42M | $168.04M | $-32.47M | $90.05M | $86.10M | $152.76M | $57.31M | $198.60M | $61.04M | $138.87M | $210.90M | $212.40M | $235.92M | $415.61M | $448.98M | $365.79M | $188.62M | $203.06M | $128.16M | $102.93M |
| High Forecast | $213.47M | $221.09M | $212.14M | $185.13M | $181.38M | $184.82M | $178.92M | $156.32M | $158.97M | $154.78M | $143.78M | $201.65M | $51.11M | $102.30M | $90.74M | $183.31M | $60.40M | $238.32M | $61.04M | $166.65M | $253.08M | $254.88M | $283.10M | $498.73M | $538.78M | $438.95M | $226.35M | $243.68M | $153.79M | $123.51M |
| Low Forecast | $191.49M | $198.32M | $190.30M | $166.07M | $162.70M | $165.79M | $160.50M | $140.22M | $142.60M | $140.76M | $128.98M | $134.43M | $-63.01M | $82.05M | $81.40M | $122.21M | $54.18M | $158.88M | $61.04M | $111.10M | $168.72M | $169.92M | $188.74M | $332.48M | $359.18M | $292.63M | $150.90M | $162.45M | $102.53M | $82.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 1.03% | 0.68% | 0.20% | 0.66% | 0.68% | - | 1.25% | 0.82% | 1.17% | 0.87% | 0.91% | 1.01% | 1.46% | 1.87% | 1.51% | 1.19% | 1.18% |
PennyMac Financial Services's average Quarter net income forecast for Dec 23 is $-32.47M, with a range of $-63.01M to $51.11M. PFSI's average Quarter net income forecast represents a -134.96% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $139.32M | $25.47M | $33.53M | $33.07M | $29.88M | $35.13M | - | $51.98M | $84.89M | $33.82M | $33.86M | $22.32M | $28.39M | $26.80M | $20.79M | $21.44M | $18.82M | $16.94M |
| Avg Forecast | $31.88M | $32.73M | $31.75M | $28.40M | $29.69M | $30.47M | $29.63M | $26.26M | $26.27M | $26.45M | $24.65M | $50.31M | $21.97M | $21.10M | $20.94M | $45.74M | $18.31M | $26.94M | $25.32M | $41.58M | $69.03M | $28.81M | $39.12M | $24.62M | $70.38M | $38.11M | $22.84M | $26.89M | $28.83M | $31.63M |
| High Forecast | $33.20M | $34.08M | $33.06M | $29.57M | $30.92M | $31.73M | $30.86M | $27.35M | $27.36M | $27.11M | $25.68M | $60.37M | $23.53M | $22.22M | $21.81M | $54.89M | $19.07M | $32.33M | $25.32M | $49.90M | $82.84M | $34.57M | $46.94M | $29.54M | $84.46M | $45.74M | $27.40M | $32.26M | $34.59M | $37.95M |
| Low Forecast | $30.54M | $31.35M | $30.41M | $27.20M | $28.45M | $29.19M | $28.39M | $25.16M | $25.17M | $25.50M | $23.62M | $40.25M | $19.77M | $20.00M | $20.06M | $36.59M | $17.54M | $21.55M | $25.32M | $33.26M | $55.23M | $23.05M | $31.29M | $19.69M | $56.31M | $30.49M | $18.27M | $21.51M | $23.06M | $25.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 6.34% | 1.21% | 1.60% | 0.72% | 1.63% | 1.30% | - | 1.25% | 1.23% | 1.17% | 0.87% | 0.91% | 0.40% | 0.70% | 0.91% | 0.80% | 0.65% | 0.54% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.74 | $1.86 | $1.17 | $0.61 | $0.75 | $2.59 | - | $3.11 | $2.97 | $4.02 | $3.10 | $5.45 | $6.31 | $7.39 | $4.53 | $3.89 | $1.95 | $1.55 |
| Avg Forecast | $3.81 | $3.94 | $3.78 | $3.30 | $3.23 | $3.30 | $3.19 | $2.79 | $2.83 | $2.81 | $2.56 | $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 | $4.01 | $4.16 | $3.99 | $3.48 | $3.41 | $3.47 | $3.36 | $2.94 | $2.99 | $2.91 | $2.70 | $2.39 | $0.96 | $1.92 | $1.71 | $1.12 | $1.14 | $1.29 | $1.15 | $2.56 | $3.81 | $3.68 | $3.53 | $6.17 | $6.36 | $5.73 | $3.10 | $3.15 | $1.73 | $1.41 |
| Low Forecast | $3.60 | $3.73 | $3.58 | $3.12 | $3.06 | $3.12 | $3.02 | $2.64 | $2.68 | $2.65 | $2.42 | $2.14 | $-1.18 | $1.54 | $1.53 | $1.00 | $1.02 | $1.15 | $1.15 | $2.21 | $3.30 | $3.18 | $3.05 | $5.33 | $5.49 | $4.96 | $2.68 | $2.73 | $1.50 | $1.22 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.21% | 1.10% | 0.72% | 0.57% | 0.70% | 2.12% | - | 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).
PFSI Forecast FAQ
Is PennyMac Financial Services a good buy?
Yes, according to 13 Wall Street analysts, PennyMac Financial Services (PFSI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 53.85% of PFSI's total ratings.
What is PFSI's price target?
PennyMac Financial Services (PFSI) average price target is $100.67 with a range of $75 to $115, implying a -13.63% from its last price of $116.56. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will PennyMac Financial Services stock go up soon?
According to Wall Street analysts' prediction for PFSI stock, the company can go down by -13.63% (from the last price of $116.56 to the average price target of $100.67), down by -1.34% based on the highest stock price target, and down by -35.66% based on the lowest stock price target.
Can PennyMac Financial Services stock reach $200?
PFSI's average twelve months analyst stock price target of $100.67 does not support the claim that PennyMac Financial Services can reach $200 in the near future.
What are PennyMac Financial Services's analysts' financial forecasts?
PennyMac Financial Services's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.21B (high $2.3B, low $2.12B), average EBITDA is $712.17M (high $741.72M, low $682.27M), average net income is $665.54M (high $701.44M, low $629.21M), average SG&A $116.06M (high $120.87M, low $111.18M), and average EPS is $12.51 (high $13.18, low $11.83). PFSI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.38B (high $2.47B, low $2.28B), average EBITDA is $765.51M (high $797.26M, low $733.36M), average net income is $789.26M (high $831.82M, low $746.18M), average SG&A $124.75M (high $129.92M, low $119.51M), and average EPS is $14.83 (high $15.63, low $14.02).
Did the PFSI's actual financial results beat the analysts' financial forecasts?
Based on PennyMac Financial Services's last annual report (Dec 2023), the company's revenue was $1.4B, which missed the average analysts forecast of $1.56B by -10.37%. Apple's EBITDA was $709.98M, beating the average prediction of $608.68M by 16.64%. The company's net income was $144.66M, missing the average estimation of $296.44M by -51.20%. Apple's SG&A was $594.6M, beating the average forecast of $109.75M by 441.77%. Lastly, the company's EPS was $2.89, missing the average prediction of $3.76 by -23.18%. In terms of the last quarterly report (Dec 2023), PennyMac Financial Services's revenue was $361.94M, missing the average analysts' forecast of $418.49M by -13.51%. The company's EBITDA was $204.16M, beating the average prediction of $134.81M by 51.45%. PennyMac Financial Services's net income was $-36.842M, beating the average estimation of $-32.467M by 13.47%. The company's SG&A was $139.32M, beating the average forecast of $21.97M by 534.17%. Lastly, the company's EPS was $-0.74, beating the average prediction of $-0.61 by 21.26%