-8.82%
3.91%
5.33%
6.84%
16.75%
78.32%
208.27%
AI Spotlight on PFSI
Company Description
PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States.It operates through three segments: Production, Servicing, and Investment Management.The Production segment is involved in the origination, acquisition, and sale of loans.
It sources first-lien residential conventional and government-insured or guaranteed mortgage loans.The Servicing segment engages in the servicing of newly originated loans, and execution and management of early buyout transactions and servicing of loans.It performs loan administration, collection, and default management activities, including the collection and remittance of loan payments, response to customer inquiries, accounting for principal and interest, holding custodial funds for the payment of property taxes and insurance premiums, counseling delinquent borrowers, and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs.
The Investment Management segment is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing acquired assets.PennyMac Financial Services, Inc.was founded in 2008 and is headquartered in Westlake Village, California.
Market Data
| Last Price | 104.69 |
| Change Percentage | -8.82% |
| Open | 106.67 |
| Previous Close | 114.82 |
| Market Cap ( Millions) | 5366 |
| Volume | 1029959 |
| Year High | 119.13 |
| Year Low | 83.03 |
| M A 50 | 104.66 |
| M A 200 | 100.39 |
Financial Ratios
| FCF Yield | -40.93% |
| Dividend Yield | 0.96% |
| ROE | 8.42% |
| Debt / Equity | 136.12% |
| Net Debt / EBIDTA | 519.15% |
| Price To Book | 1.4 |
| Price Earnings Ratio | 17.24 |
| Price To FCF | -2.44 |
| Price To sales | 1.99 |
| EV / EBITDA | 10.79 |
News
- Jan -31 - PennyMac Financial Services, Inc. (PFSI) Q4 2024 Earnings Call Transcript
- Jan -31 - Here's What Key Metrics Tell Us About PennyMac (PFSI) Q4 Earnings
- Jan -30 - PennyMac Financial (PFSI) Q4 Earnings and Revenues Lag Estimates
- Dec -16 - Is the Options Market Predicting a Spike in PennyMac Financial (PFSI) Stock?
- Nov -18 - Momentum Alert: Top Financial Stocks Soar (PFSI, NTRS)
- Nov -14 - Zacks Industry Outlook PennyMac Financial, Lending Tree and Onity Group
- Nov -13 - 3 Stocks to Buy From Prospering Mortgage & Related Services Industry
- Oct -24 - Down -11.42% in 4 Weeks, Here's Why PennyMac (PFSI) Looks Ripe for a Turnaround
- Oct -23 - PennyMac Financial Services, Inc. (PFSI) Q3 2024 Earnings Call Transcript
- Oct -22 - PennyMac (PFSI) Reports Q3 Earnings: What Key Metrics Have to Say
- Oct -22 - PennyMac Financial (PFSI) Q3 Earnings Top Estimates
- Oct -22 - PennyMac Financial Services, Inc. Reports Third Quarter 2024 Results
- Oct -15 - PennyMac Financial Services, Inc. Announces Date for Release of Third Quarter 2024 Results
- Oct -03 - Pennymac Announces Organizational Changes
- Sep -27 - Plunge in Mortgage Rates Spurs Refinancing Surge - Consider PFSI, VEL, GHLD
- Sep -26 - Lower Mortgage Rates Driving Refinancing Activities: Three Stocks to Buy
- Sep -11 - 249% Average Growth Is Just One Reason To Watch This Stock. Here's Another.
- Sep -06 - PennyMac Financial Services, Inc. Announces Changes to Its Board of Directors
- Aug -30 - Billboard Company, Mortgage Provider Hit New Highs, Buy Points
- Aug -29 - PennyMac Mortgage Investment Trust to Present at the 2024 Barclays Global Financial Services Conference
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Mortgage Banking Servicing
Expected Growth : 10 %
What the company do ?
PennyMac Financial Services, Inc.'s Mortgage Banking Servicing segment specializes in managing and collecting payments on mortgage loans, providing customer service, and overseeing loan defaults and foreclosures.
Why we expect these perspectives ?
PennyMac Financial Services, Inc.'s 10% growth in Mortgage Banking Servicing is driven by increasing mortgage originations, expansion of servicing portfolio through acquisitions, and strong retention rates. Additionally, the company's focus on non-qualified mortgage products and growing demand for mortgage servicing rights also contribute to its growth.
Segment n°2 -> Mortgage Banking Production
Expected Growth : 11 %
What the company do ?
Mortgage Banking Production from PennyMac Financial Services, Inc. refers to the process of originating, selling, and servicing mortgage loans, generating revenue through loan sales and servicing fees.
Why we expect these perspectives ?
PennyMac Financial Services, Inc.'s 11% growth in Mortgage Banking Production is driven by increasing demand for mortgage loans, expansion of its correspondent lending channel, and strategic investments in technology to enhance operational efficiency. Additionally, the company's focus on customer retention and growth in its servicing portfolio have contributed to the strong growth.
Segment n°3 -> Investment Management
Expected Growth : 13 %
What the company do ?
PennyMac Financial Services, Inc.'s Investment Management offers a range of investment products and services, including mortgage-backed securities, to help clients achieve their financial goals.
Why we expect these perspectives ?
PennyMac Financial Services, Inc.'s 13% growth in Investment Management is driven by increasing demand for mortgage-backed securities, expansion of its servicing portfolio, and strategic acquisitions. Additionally, the company's focus on digital transformation, cost savings initiatives, and strong risk management practices have contributed to its growth.
Pennymac Financial Services, Inc. Products
| Product Range | What is it ? |
|---|---|
| Mortgage Lending | PennyMac Financial Services, Inc. offers a range of mortgage lending products, including conventional, FHA, VA, and USDA loans, to help individuals and families achieve their dream of homeownership. |
| Mortgage Servicing | PennyMac Financial Services, Inc. provides mortgage servicing solutions to manage and maintain mortgage loans, including payment processing, customer service, and loan modifications. |
| Investment Management | PennyMac Financial Services, Inc. offers investment management services, including mortgage-backed securities and other investment products, to help investors generate returns. |
| Whole Loan Trading | PennyMac Financial Services, Inc. engages in whole loan trading, buying and selling mortgage loans on the secondary market to provide liquidity and manage risk. |
PennyMac Financial Services, Inc.'s Porter Forces
Threat Of Substitutes
PennyMac Financial Services, Inc. operates in a highly competitive mortgage industry, where customers have multiple options for mortgage financing. However, the company's strong brand recognition and diversified product offerings mitigate the threat of substitutes.
Bargaining Power Of Customers
PennyMac Financial Services, Inc. has a large customer base, but individual customers do not have significant bargaining power due to the company's diversified customer base and lack of concentration.
Bargaining Power Of Suppliers
PennyMac Financial Services, Inc. has a diversified supplier base, and no single supplier has significant bargaining power over the company.
Threat Of New Entrants
While there are barriers to entry in the mortgage industry, new entrants can still disrupt the market. However, PennyMac Financial Services, Inc.'s established brand and scale of operations provide a competitive advantage.
Intensity Of Rivalry
The mortgage industry is highly competitive, with many established players competing for market share. PennyMac Financial Services, Inc. must continuously innovate and improve its offerings to maintain its market position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 79.22% |
| Debt Cost | 6.00% |
| Equity Weight | 20.78% |
| Equity Cost | 12.32% |
| WACC | 7.31% |
| Leverage | 381.31% |
PennyMac Financial Services, Inc. : Quality Control
PennyMac Financial Services, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| COOP | Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related to single-family residences in the United States. The company operates through two segments: Servicing and Originations. The Servicing segment … |
| WD | Walker & Dunlop, Inc., through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real … |
| PSEC | Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital … |
| BANF | BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. It operates through Metropolitan … |
| EVR | Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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BancFirst
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Prospect Capital
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Mr. Cooper Group
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4
Evercore
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5
Walker Dunlop
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1-Year Total Return ->
6
