PennyMac Financial Services (PFSI) Expected to Announce Quarterly Earnings on Wednesday

PennyMac Financial Services (NYSE:PFSI) is projected to release its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to announce earnings of $2.25 per share and revenue of $581.7160 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

PennyMac Financial Services (NYSE:PFSI) last announced its earnings results on Tuesday, May 5th. The real estate investment trust reported $2.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.22 by ($0.03). The business had revenue of $544.98 million during the quarter, compared to analyst estimates of $546.17 million. PennyMac Financial Services had a net margin of 23.47% and a return on equity of 10.93%. The business’s revenue for the quarter was up 26.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.42 earnings per share. On average, analysts expect PennyMac Financial Services to post $10 EPS for the current fiscal year and $14 EPS for the next fiscal year.

PennyMac Financial Services Stock Performance

PennyMac Financial Services stock opened at $84.02 on Wednesday. The stock has a market cap of $4.36 billion, a P/E ratio of 8.93, a price-to-earnings-growth ratio of 0.59 and a beta of 1.44. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 3.63. The stock has a 50 day moving average of $83.72 and a 200-day moving average of $96.21. PennyMac Financial Services has a 52 week low of $77.67 and a 52 week high of $160.36.

PennyMac Financial Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Monday, May 18th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Monday, May 18th. PennyMac Financial Services’s payout ratio is 12.75%.

Insider Activity

In related news, CEO David Spector sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $87.99, for a total transaction of $879,900.00. Following the completion of the transaction, the chief executive officer owned 60,604 shares in the company, valued at $5,332,545.96. The trade was a 14.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Daniel Stanley Perotti sold 2,925 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $87.50, for a total value of $255,937.50. Following the transaction, the chief financial officer owned 210,625 shares of the company’s stock, valued at approximately $18,429,687.50. The trade was a 1.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 18,045 shares of company stock valued at $1,565,470. 15.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On PennyMac Financial Services

Hedge funds and other institutional investors have recently modified their holdings of the company. Invesco Ltd. boosted its holdings in shares of PennyMac Financial Services by 7.3% during the fourth quarter. Invesco Ltd. now owns 1,569,184 shares of the real estate investment trust’s stock valued at $206,881,000 after acquiring an additional 106,088 shares during the period. Basswood Capital Management L.L.C. increased its holdings in shares of PennyMac Financial Services by 5.9% in the 2nd quarter. Basswood Capital Management L.L.C. now owns 570,210 shares of the real estate investment trust’s stock worth $56,816,000 after acquiring an additional 31,743 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of PennyMac Financial Services by 43.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 400,788 shares of the real estate investment trust’s stock worth $39,935,000 after acquiring an additional 121,382 shares during the period. Two Sigma Investments LP lifted its position in PennyMac Financial Services by 1,148.7% in the 3rd quarter. Two Sigma Investments LP now owns 310,919 shares of the real estate investment trust’s stock valued at $38,517,000 after purchasing an additional 286,019 shares during the last quarter. Finally, Balyasny Asset Management L.P. lifted its position in PennyMac Financial Services by 145.1% in the 2nd quarter. Balyasny Asset Management L.P. now owns 286,123 shares of the real estate investment trust’s stock valued at $28,509,000 after purchasing an additional 169,395 shares during the last quarter. Institutional investors and hedge funds own 57.87% of the company’s stock.

Analysts Set New Price Targets

PFSI has been the topic of a number of research analyst reports. Piper Sandler reduced their price objective on shares of PennyMac Financial Services from $112.00 to $106.00 and set an “overweight” rating on the stock in a research note on Thursday, July 2nd. Keefe, Bruyette & Woods dropped their target price on shares of PennyMac Financial Services from $115.00 to $108.00 and set an “outperform” rating for the company in a research report on Friday, May 8th. Wells Fargo & Company cut their target price on shares of PennyMac Financial Services from $110.00 to $100.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. BTIG Research reduced their price target on shares of PennyMac Financial Services from $150.00 to $105.00 and set a “buy” rating on the stock in a research report on Tuesday, June 16th. Finally, Zacks Research downgraded PennyMac Financial Services from a “hold” rating to a “strong sell” rating in a research note on Friday, May 8th. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $114.62.

PennyMac Financial Services Company Profile

PennyMac Financial Services, Inc (NYSE: PFSI) is a leading mortgage banking company based in Westlake Village, California. The firm operates through two primary business segments: Production and Mortgage Servicing Rights (MSR). In its Production segment, PennyMac originates residential mortgage loans through retail, wholesale and correspondent channels, focusing on both purchase and refinance transactions. The MSR segment involves the acquisition and servicing of mortgage loans, whereby the company earns fees for managing loan portfolios on behalf of investors.

Since its founding in 2008, PennyMac has grown through a combination of organic origination and strategic acquisition of servicing rights, positioning itself as one of the largest residential mortgage loan servicers in the United States.