PennyMac Financial Services, Inc. (NYSE:PFSI) sees sharp drop in short-term interest

PennyMac Financial Services, Inc. (NYSE: PFSI – Get Rating) saw a sharp drop in short-term interest in May. As of May 31, there was short interest totaling 2,710,000 shares, down 26.6% from the May 15 total of 3,690,000 shares. Approximately 5.7% of the company’s shares are sold short. Based on an average daily volume of … Read more

PennyMac Financial Services (NYSE:PFSI) sets new 12-month low at $44.12

PennyMac Financial Services, Inc. (NYSE: PFSI – Get Rating) hit a new 52-week low on Monday. The stock traded as low as $44.12 and last traded at $44.31, with volume at 20,900 shares. The stock had previously closed at $46.36. Several research firms have weighed in on PFSI. StockNews.com upgraded PennyMac Financial Services shares from … Read more

PennyMac Financial Services, Inc. (NYSE: PFSI) Director Joseph F. Mazzella sells 13,000 shares

PennyMac Financial Services, Inc. (NYSE: PFSI – Get Rating) Director Joseph F. Mazzella sold 13,000 shares of PennyMac Financial Services in a trade that took place on Thursday, May 26. The stock was sold at an average price of $50.12, for a total transaction of $651,560.00. Following the sale, the administrator now owns 351,331 shares … Read more

JMP Securities Cuts PennyMac Financial Services (NYSE:PFSI) Target Price to $65.00

PennyMac Financial Services (NYSE: PFSI – Get an Assessment) saw its price target lowered by stock analysts JMP Securities from $75.00 to $65.00 in a note issued to investors on Wednesday, reports The Fly. JMP Securities’ price target would suggest a potential upside of 31.15% from the company’s previous close. A number of other equity … Read more

PennyMac Financial Services, Inc. (NYSE: PFSI) Receives Consensus “Buy” Rating from Analysts

PennyMac Financial Services, Inc. (NYSE:PFSI – Get Rating) earned a consensus recommendation of “Hold” from the eight analysts who currently cover the company, Marketbeat.com reports. One equity research analyst rated the stock with a sell rating, two assigned a hold rating and four issued a buy rating on the company. The 12-month average target price … Read more

PennyMac Financial Services, Inc. (NYSE: PFSI) CIO Vandad Fartaj sells 2,500 shares

PennyMac Financial Services, Inc. (NYSE: PFSI – Get Rating) CIO Vandad Fartaj sold 2,500 shares in a trade that took place on Wednesday, May 11. The shares were sold at an average price of $45.16, for a total value of $112,900.00. Following the transaction, the executive now owns 108,634 shares of the company, valued at … Read more

PennyMac Financial Services, Inc. Announces Quarterly Dividend of $0.20 (NYSE: PFSI)

PennyMac Financial Services, Inc. (NYSE: PFSI – Get Rating) declared a quarterly dividend on Thursday, May 5, Zacks reports. Investors of record on Tuesday, May 17 will receive a dividend of 0.20 per share from the REIT on Friday, May 27. This represents an annualized dividend of $0.80 and a yield of 1.65%. The ex-date … Read more

PennyMac Financial Services, Inc. (NYSE: PFSI) expects quarterly dividend of $0.20

PennyMac Financial Services, Inc. (NYSE: PFSI – Get Rating) announced a quarterly dividend on Thursday, May 5, Zacks reports. Shareholders of record on Tuesday, May 17 will receive a dividend of 0.20 per share from the REIT on Friday, May 27. This represents an annualized dividend of $0.80 and a dividend yield of 1.65%. The … Read more

PennyMac Financial Services (PFSI) is expected to report results on Thursday

PennyMac Financial Services (NYSE:PFSI – Get Rating) is set to release earnings data after market close on Thursday, May 5. Analysts expect PennyMac Financial Services to post earnings of $2.88 per share for the quarter. PennyMac Financial Services (NYSE:PFSI – Get Rating) last released its quarterly results on Thursday, February 3. The real estate investment … Read more

PennyMac Financial Services (PFSI) is expected to report results on Thursday

PennyMac Financial Services (NYSE:PFSI – Get Rating) is set to release earnings data after market close on Thursday, May 5. Analysts expect PennyMac Financial Services to post earnings of $2.88 per share for the quarter. PennyMac Financial Services (NYSE:PFSI – Get Rating) last released quarterly earnings data on Thursday, February 3. The real estate investment … Read more