PennyMac Finl Svcs

Yahoo Finance • 5 days ago

Adjustable-rate mortgages are staging a comeback as buyers seek lower rates

A type of mortgage that fell out of favor in the aftermath of the financial crisis is catching on again. Adjustable-rate mortgage demand has surged this year, making up 12.9% of all originations last week, a postcrisis high. The loans all... Full story

Yahoo Finance • 17 days ago

Pennymac Selects Vesta to Supercharge Its Mortgage Platform, Setting a New Industry Standard in Origination Technology

WESTLAKE VILLAGE, Calif., September 08, 2025--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac) and Vesta Innovations, Inc. (Vesta) announced today a strategic partnership to streamline the mortgage application pro... Full story

Yahoo Finance • 17 days ago

2 Growth Stocks to Add to Your Roster and 1 We Turn Down

Growth is oxygen. But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle. Deciphering which businesses can sustain their... Full story

Yahoo Finance • 19 days ago

IREN tops week's financial gainers, Circle Internet falls the most

[Futuristic display screen with a bar graph and colorful spreadsheet financial data] matejmo This week's biggest movers among financial stocks included crypto-linked firms, fintechs and housing-related names. Overall, the Financial Selec... Full story

Yahoo Finance • last month

Wells Fargo assumes coverage on PennyMac Financial stock with Overweight rating

Investing.com - Wells Fargo has assumed coverage on PennyMac Financial (NYSE:PFSI) with an Overweight rating and a price target of $115.00 on Monday. The $5.68 billion market cap company has shown impressive momentum, with InvestingPro dat... Full story

Yahoo Finance • last month

PennyMac Mortgage Investment Trust Declares Third Quarter 2025 Dividends for Its Preferred Shares

WESTLAKE VILLAGE, Calif., August 14, 2025--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the third quarter of 2025 on its 8.125% Series A Preferre... Full story

Yahoo Finance • last month

Ex-Dividend Reminder: PennyMac Financial Services, United Rentals and Scorpio Tankers

Looking at the universe of stocks we cover at Dividend Channel, on 8/13/25, PennyMac Financial Services Inc (Symbol: PFSI), United Rentals Inc (Symbol: URI), and Scorpio Tankers Inc (Symbol: STNG) will all trade ex-dividend for their respe... Full story

Yahoo Finance • 2 months ago

PennyMac Financial proposes $650M senior notes offering

* PennyMac Financial Services (NYSE:PFSI [https://seekingalpha.com/symbol/PFSI]) and its subsidiaries plan to offer $650 million aggregate principal amount of Senior Notes due 2034. * Proceeds from the offering will be used to repay bo... Full story

Yahoo Finance • 2 months ago

PennyMac Financial Services, Inc. Bottom Line Rises In Q2

(RTTNews) - PennyMac Financial Services, Inc. (PFSI) announced a profit for its second quarter that Increases, from last year The company's bottom line totaled $136.46 million, or $2.54 per share. This compares with $98.25 million, or $1... Full story

Yahoo Finance • 2 months ago

PennyMac Financial earnings missed by $0.34, revenue fell short of estimates

Investing.com - PennyMac Financial (NYSE: PFSI) reported second quarter EPS of $2.54, $0.34 worse than the analyst estimate of $2.88. Revenue for the quarter came in at $444.73M versus the consensus estimate of $545.04M. PennyMac Financia... Full story

Yahoo Finance • 3 months ago

PennyMac Financial CEO Spector sells $504k in shares

David Spector, Chairman and CEO of PennyMac Financial Services, Inc. (NYSE:PFSI), a $5.2 billion financial services company currently trading near $100.57, sold 5,000 shares of common stock on July 7, 2025, for approximately $504,048. The... Full story

Yahoo Finance • 3 months ago

PFSI Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of PennyMac Financial Services Inc (Symbol: PFSI) crossed above their 200 day moving average of $102.17, changing hands as high as $103.45 per share. PennyMac Financial Services Inc shares are currently tra... Full story

Yahoo Finance • 7 months ago

PennyMac Mortgage Investment Trust Declares First Quarter 2025 Dividends for Its Preferred Shares and Announces 2024 Dividend Tax Information

WESTLAKE VILLAGE, Calif., February 12, 2025--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the first quarter of 2025 on its 8.125% Series A Prefer... Full story

Yahoo Finance • 7 months ago

Pennymac Debuts New "Bring It Home" Video Series to Support the Aspiration of Homeownership

Top Mortgage Lender Empowers Homebuyers and Homeowners Through a Fun, New Educational Video Series WESTLAKE VILLAGE, Calif., February 12, 2025--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac) announced today the... Full story

Yahoo Finance • 8 months ago

PennyMac Financial Services Inc (PFSI) Q4 2024 Earnings Call Highlights: Strong Growth in ...

Net Income: $104 million for the fourth quarter. Diluted Earnings Per Share: $1.95. Annualized Return on Equity (ROE): 11%. Loan Originations and Acquisitions: $36 billion in unpaid principal balance, up 13% from the prior quarter. Servici... Full story

Yahoo Finance • 2 years ago

PennyMac Financial Services (NYSE:PFSI) Will Pay A Dividend Of $0.20

The board of PennyMac Financial Services, Inc. (NYSE:PFSI) has announced that it will pay a dividend on the 23rd of February, with investors receiving $0.20 per share. Based on this payment, the dividend yield will be 0.9%, which is fairly... Full story

Yahoo Finance • 2 years ago

PennyMac Financial Services, Inc. Reports Fourth Quarter and Full-Year 2023 Results

WESTLAKE VILLAGE, Calif., February 01, 2024--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported a net loss of $36.8 million for the fourth quarter of 2023, or $(0.74) per share on a diluted basis, on revenue of... Full story

Yahoo Finance • 2 years ago

Insider Sell Alert: Chief Capital Markets Officer William Chang Sells Shares of PennyMac ...

In the realm of financial markets, insider trading activity is often scrutinized for clues about a company's financial health and the confidence that insiders have in the firm's future prospects. A recent transaction by a high-ranking exec... Full story

Yahoo Finance • 2 years ago

PennyMac Financial Services, Inc. Announces Proposed Private Offering of $650 Million of Senior Notes

WESTLAKE VILLAGE, Calif., December 06, 2023--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and its subsidiaries (the "Company") today announced that it intends to offer $650 million aggregate principal amount of Senior No... Full story

Yahoo Finance • 2 years ago

PennyMac Financial Services, Inc. Announces Date for Release of Second Quarter 2023 Results

Will Also Host Live Question & Answer Session WESTLAKE VILLAGE, Calif., July 13, 2023--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended June 30, 2023 in a news release to be issue... Full story