NYSE · PFSI
PennyMac Financial Services, Inc.
Financial Services · Financial - Mortgages
$66.60▲ 0.36% ($0.24)at close
As of 4:00 PM ET
Market cap
$3.46B
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 45.32% over the last year. Revenue grew 51.27% over the trailing twelve months. Operating margin moved from 12.19% to 10.05%. Free cash flow grew 5.36% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 35th percentile of their historical P/E range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 10.05%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Performance
Return analysis
Company profile
PennyMac Financial Services, Inc. (PFSI), through its various subsidiaries, is actively engaged in mortgage banking and investment management activities across the United States.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
13
Buy
7
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Oct 20, 2026
Q4 FY26 · EPS est $1.66 · Revenue est $561.36M
View
Dividends
$1.20/shareQuarterly6yr growth streakAt RiskPFSI pays a dividend with a 1.8% dividend yield, 6 consecutive years of growth, growing at 9.86% annually, covered -22.6× by free cash flow.
Dividend Yield
1.8%
Annual Div / Share
$1.20
5yr CAGR
+9.86%
Doubles every ~7.4yr
Payout Ratio
16.11%
At Risk
Dividend Growth Rate
3yr CAGR
+14.47%
5yr CAGR
+9.86%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$2/mo
In 10 yrs
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$18/yr $2/mo | $29/yr+60% $2/mo | $46/yr+156% $4/mo |
Yield-on-cost grows from 1.8% → 4.61% over 10yr
Analysis
Dividend Strengths
Strong dividend growth rate
The 5-year CAGR of 9.86% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only -22.57× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.