PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company operates through two segments, Production and Servicing. The Production segment is involved in the origination, acquisition, and sale of loans. This segment sources residential conventional and government-insured or guaranteed mortgage loans through correspondent production, consumer direct lending, and broker direct lending. The Servicing segment performs loan servicing for newly originated loans that are under holding for sale and loans services for others. The segment performs loan administration, collection, and default management activities, including the collection and remittance of loan payments; responds to customer inquiries; provides accounting for principal and interest; holds custodial funds for the payment of property taxes and insurance premiums; offers counseling for delinquent borrowers; and supervising foreclosures and property dispositions, as well as administers loss mitigation activities comprising modification and forbearance programs. The company was founded in 2008 and is headquartered in Westlake Village, California.
Future Outlook | Analysts project EPS growth with targets ranging from $112 to $132, reflecting optimism about PFSI's adaptability and potential in evolving market conditions |
Market Positioning | Delve into PFSI's strategic approach to interest rate fluctuations, competitive landscape, and efforts to maintain market share in origination and servicing |
Segment Dynamics | Explore PFSI's origination growth and servicing segment's consistent performance, balancing market pressures and opportunities in a volatile environment |
Resilient Performance | PennyMac Financial Services demonstrates strong financial results with a 20% operating ROE, surpassing analyst estimates amid challenging market conditions |
Metrics to compare | PFSI | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipPFSIPeersSector | |
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P/E Ratio | 14.1x | 4.1x | 8.8x | |
PEG Ratio | 0.11 | 0.01 | 0.03 | |
Price / Book | 1.3x | 0.3x | 1.0x | |
Price / LTM Sales | 1.5x | 3.0x | 2.7x | |
Upside (Analyst Target) | 32.0% | 15.8% | 13.7% | |
Fair Value Upside | Unlock | 1.7% | 3.7% | Unlock |