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PennyMac Financial (DE:1AC)
FRANKFURT:1AC
PennyMac Financial (1AC) Stock Price & Analysis
4 Followers
1AC Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€59.00 - €95.00
Previous Close€90.5
Volume0.00
Average Volume (3M)60.00
Market Cap
€4.68B
Enterprise Value€6.50B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.97B
Price to Earnings (P/E)―
Beta1.10
Next Earnings
Oct 31, 2024EPS Estimate
€2.56Next Dividend Ex-Date
Aug 13, 2024Dividend Yield0.8%
Share Statistics
EPS (TTM)N/A
Shares Outstanding50,922,737
10 Day Avg. Volume0
30 Day Avg. Volume60
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)-1.27
Price to Sales (P/S)8.13
Price to Cash Flow (P/CF)2.70
P/FCF Ratio2.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-5.97
Enterprise Value/Gross Profit10.00T>
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€102.88Price Target Upside13.68% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
PennyMac Financial News
Bulls Say, Bears Say
Bulls Say
DividendsThe quarterly dividend was increased by 50% to 30 cents per share, reflecting strong financial health and commitment to returning value to shareholders.
EarningsPFSI reported core EPS of $2.67, surpassing both analyst estimates and consensus, driven by better-than-expected operating expenses.
Mortgage IndustryMortgage industry fundamentals have improved with industry capacity down 35%, housing inventory up 37%, and servicing portfolios featuring a rising proportion of higher note rate loans.
Bears Say
Credit RiskStock valuation could become more sensitive to a higher default pipeline, especially in the FHA portfolio, with 60-day DQs already at 4.5%.
Industry ChallengesIndustry fundamentals are challenging as mortgage rates are well above 7% again.
ProductionProduction results came in below expectations with weaker corresponding margins.
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1AC FAQ
What was PennyMac Financial’s price range in the past 12 months?
PennyMac Financial lowest stock price was €59.00 and its highest was €95.00 in the past 12 months.
What is PennyMac Financial’s market cap?
Currently, no data Available
When is PennyMac Financial’s upcoming earnings report date?
PennyMac Financial’s upcoming earnings report date is Oct 31, 2024 which is in 94 days.
How were PennyMac Financial’s earnings last quarter?
PennyMac Financial released its earnings results on Jul 23, 2024. The company reported €1.702 earnings per share for the quarter, missing the consensus estimate of €2.358 by -€0.657.
Is PennyMac Financial overvalued?
According to Wall Street analysts PennyMac Financial’s price is currently Undervalued.
Does PennyMac Financial pay dividends?
PennyMac Financial pays a Quarterly dividend of €0.28 which represents an annual dividend yield of 0.8%. See more information on PennyMac Financial dividends here
What is PennyMac Financial’s EPS estimate?
PennyMac Financial’s EPS estimate is €2.56.
How many shares outstanding does PennyMac Financial have?
PennyMac Financial has 50,922,737 shares outstanding.
What happened to PennyMac Financial’s price movement after its last earnings report?
PennyMac Financial reported an EPS of €1.702 in its last earnings report, missing expectations of €2.358. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of PennyMac Financial?
Among the largest hedge funds holding PennyMac Financial’s share is Basswood Capital Management LLC. It holds PennyMac Financial’s shares valued at 40M.
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PennyMac Financial Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
€102.88 (13.68% Upside)
€102.88 (13.68% Upside)
Insider Transactions
Sold Shares
Worth $7.1M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.48%
12-Months-Change
Fundamentals
Return on Equity
5.42%
Trailing 12-Months
Asset Growth
19.98%
Trailing 12-Months
Company Description
PennyMac Financial
PennyMac Financial Services, Inc. is a holding company, which engages in the mortgage banking and investment management activities. It operates through the following segments: Production, Servicing, and Investment Management. The Production segment includes mortgage loan origination, acquisition, and sale activities. The Servicing segment servicing of newly originated mortgage loans; and execution and management of early buyout transactions. The Investment Management segment consists of sourcing, performing diligence, bidding and closing investment asset acquisitions, managing correspondent production activities, and managing the acquired assets. The company was founded by Stanford L. Kurland in 2008 and is headquartered in Westlake Village, CA.
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1AC Company Deck
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1AC Earnings Call
Q2 2024
0:00 / 0:00
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1AC Stock 12 Month Forecast
Average Price Target
€102.88
▲(13.68% Upside)
Technical Analysis
PennyMac Financial
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Rocket Companies
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World Acceptance
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Genworth Financial
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Credit Acceptance
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Best Analysts Covering 1AC
1 Year
1 Year Success Rate
16/18 ratings generated profit
1 Year Average Return
+45.27%
reiterated a buy rating 6 days ago
Copying Michael Kaye's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +45.27% per trade.
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