While going through the new additions to the Zacks Rank this morning I came across a particularly appealing stock – PennyMac Financial Services (PFSI) .This stock seems to have it all with a top Zacks Rank, discount valuation, impressive growth, and a compelling technical momentum setup.Over the last five years PennyMac Financial Services has compounded at 31.8% annually, far outperforming both the broad market and its industry.Image Source: Zacks Investment ResearchCompany DescriptionPennyMac Financial Ser ...

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 development of solut ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-38727 PennyMac Financial Services, Inc. (Exact name of registrant as specified in its charter) Delaware (State or ot ...

PennyMac Financial (PFSI) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this mortgage banking and investment management company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows ...

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the first quarter of 2024 on its 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (NYSE: PMT PRA), its 8.000% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (NYSE: PMT PRB) and its 6.750% Series C Cumulative Redeemable Preferred Shares of Beneficia ...

PennyMac Financial Services, Inc. (NYSE:PFSI) Q4 2023 Results Conference Call February 1, 2024 5:00 PM ET Company Participants David Spector - Chairman and Chief Executive Officer Dan Perotti - Senior Managing Director and Chief Financial Officer Conference Call Participants Kevin Barker - Piper Sandler Michael Kaye - Wells Forgo Eric Hagen - BTIG Bose George - KBW Mark DeVries - Deutsche Bank Kyle Joseph - Jefferies Trevor Cranston - JMP Securities Kevin Barker - Piper Sandler Operator Good afternoon, and ...

For the quarter ended December 2023, PennyMac Financial (PFSI) reported revenue of $361.94 million, up 6.3% over the same period last year. EPS came in at $1.76, compared to $0.89 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $413.35 million, representing a surprise of -12.44%. The company delivered an EPS surprise of +74.26%, with the consensus EPS estimate being $1.01.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 74.26%. A quarter ago, it was expected that this mortgage banking and investment management company would post earnings of $1.57 per share when it actually produced earnings of $1.77, delivering a surprise of 12 ...

PennyMac Financial (PFSI) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38727 PennyMac Financial Services, Inc. (Exact name of registrant as specified in its charter) (State or ot ...