Barclays Cuts PennyMac Financial Services (NYSE:PFSI) Price Target to $71.00

Posted by Francis Steltz on Oct 8th, 2026

PennyMac Financial Services (NYSE:PFSI – Free Report) had its price objective decreased by Barclays from $85.00 to $71.00 in a research note released on Monday morning,Benzinga reports. Barclays currently has an equal weight rating on the real estate investment trust’s stock.

Several other research analysts have also recently issued reports on the company. Keefe, Bruyette & Woods reduced their price objective on PennyMac Financial Services from $108.00 to $100.00 and set an “outperform” rating for the company in a research note on Friday, July 31st. BTIG Research decreased their target price on PennyMac Financial Services from $105.00 to $90.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Wells Fargo & Company cut their price target on shares of PennyMac Financial Services from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Weiss Ratings reissued a “sell (d+)” rating on shares of PennyMac Financial Services in a research report on Monday, August 3rd. Finally, Wall Street Zen cut shares of PennyMac Financial Services from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $103.12.

Read Our Latest Stock Analysis on PFSI

PennyMac Financial Services Price Performance

Shares of PFSI opened at $60.94 on Monday. The company has a debt-to-equity ratio of 3.22, a current ratio of 0.38 and a quick ratio of 0.38. The company’s fifty day moving average price is $71.12 and its 200-day moving average price is $80.77. PennyMac Financial Services has a 1-year low of $60.10 and a 1-year high of $160.36. The firm has a market capitalization of $3.17 billion, a PE ratio of 8.37, a price-to-earnings-growth ratio of 0.59 and a beta of 1.45.

PennyMac Financial Services (NYSE:PFSI – Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.72). PennyMac Financial Services had a return on equity of 11.18% and a net margin of 17.74%.The firm had revenue of $496.96 million during the quarter, compared to analysts’ expectations of $571.60 million. During the same quarter last year, the business earned $2.54 EPS. The business’s revenue was up 11.8% on a year-over-year basis. On average, equities research analysts predict that PennyMac Financial Services will post 7.36 EPS for the current year.

PennyMac Financial Services Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Monday, August 17th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Monday, August 17th. PennyMac Financial Services’s dividend payout ratio (DPR) is 16.48%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd grew its position in shares of PennyMac Financial Services by 7,600.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 231 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 228 shares during the period. QRG Capital Management Inc. raised its position in shares of PennyMac Financial Services by 7.5% during the 2nd quarter. QRG Capital Management Inc. now owns 3,881 shares of the real estate investment trust’s stock worth $338,000 after purchasing an additional 271 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in PennyMac Financial Services in the 2nd quarter valued at about $25,000. Pictet Asset Management Holding SA lifted its stake in PennyMac Financial Services by 6.3% in the 1st quarter. Pictet Asset Management Holding SA now owns 5,518 shares of the real estate investment trust’s stock valued at $482,000 after buying an additional 329 shares in the last quarter. Finally, Silvant Capital Management LLC acquired a new stake in PennyMac Financial Services in the 2nd quarter worth about $34,000. 57.87% of the stock is owned by institutional investors and hedge funds.

PennyMac Financial Services Company Profile

(Get Free Report)

PennyMac Financial Services, Inc (NYSE:PFSI) is a financial services company focused on the U.S. residential mortgage market. Through its operating subsidiaries, the company originates, acquires, services and manages investments in residential mortgage loans and related assets.

PennyMac’s business includes mortgage loan production through correspondent and consumer-direct channels, mortgage servicing and loan administration, and investment management activities. Its services support homeowners, mortgage originators and institutional investors across the residential lending lifecycle, including loan fulfillment, servicing and asset management.

The company was established in 2008 and serves customers and business partners throughout the United States.