UP!
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Type
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Subsidiary of a public company |
|---|---|
| Traded as | NYSE: PFSI |
| Industry | Mortgage lending |
| Founded | 2008 |
| Headquarters | Westlake Village, California, United States |
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Area served
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United States |
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Key people
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The parent company (PFSI): Stan Kurland (CEO) David Spector, COO |
| Products | 30-year fixed-rate mortgages, 15-year fixed-rate mortgages, FHA loans, VA loans, ARM loans, jumbo loans |
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Number of employees
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2,918 (2017) |
| Website | PennyMacUSA.com |
PennyMac Loan Services, LLC, is an American residential mortgage company headquartered in Westlake Village, California and is the principal mortgage banking subsidiary of PennyMac Financial Services, Inc. PennyMac originated $22.0 billion in mortgage loans in 2012. On May 14, 2013, its parent (PennyMac Financial Services, Inc.) was listed on the New York Stock Exchange under the ticker PFSI with a market capitalization of $346.06 million as of the close of the market on January 10, 2014. At the time of its IPO, PennyMac had more than 600 employees at its Moorpark headquarters, making it one of the largest private employers and biggest tenants in the city. PennyMac does not have a "brick and mortar" branch network. The company conducts its business through a consumer-direct model, which relies on the Internet and call center-based staff to acquire and interact with customers across the country.
PennyMac was founded in 2008 and was set up initially to do workouts on distressed loans, then later began refinancing and originating mortgages online and buying loans from smaller lenders. PennyMac is a separate organization from PennyMac Mortgage Investment Trust (NYSE: PMT), a mortgage REIT. PennyMac is a member of the Russell 2000.
PennyMac Loan Services consists of three primary businesses:
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q3 2022 | 2022-11-02 | Future report Set alerts | |
| Q2 2022 | 2022-08-02 | 2.28 | 2.28 |
| Q1 2022 | 2022-05-05 | 2.94 | 2.94 |
| Q4 2021 | 2022-02-03 | 2.79 | 2.79 |
| Q3 2021 | 2021-11-04 | 3.80 | 3.80 |
| Q2 2021 | 2021-08-05 | 2.94 | 2.94 |
| Q1 2021 | 2021-05-06 | 5.15 | 5.15 |
| Q4 2020 | 2021-02-04 | 5.97 | 5.97 |
| Q3 2020 | 2020-11-05 | 0.00 | 0.00 |
| Q2 2020 | 2020-08-06 | 4.39 | 4.39 |
| 2016-07-12 | Upgrade | Bank of America Corp. | Neutral to Buy | |
| 2016-05-10 | Reiterated Rating | Piper Jaffray | Overweight | $19.00 to $18.00 |
| 2016-05-10 | Reiterated Rating | Piper Jaffray Cos. | Overweight | $19.00 to $18.00 |
| 2016-03-15 | Reiterated Rating | Compass Point | Buy | $21.00 to $17.00 |
| 2016-02-06 | Reiterated Rating | Barclays | Hold | |
| 2016-02-06 | Reiterated Rating | Barclays PLC | Hold | |
| 2016-02-05 | Lower Price Target | Keefe, Bruyette & Woods | Outperform | $20.50 to $17.00 |
| 2016-02-05 | Lower Price Target | Barclays | Overweight | $20.00 to $16.00 |
| 2016-02-05 | Reiterated Rating | Piper Jaffray | Overweight | $23.00 to $19.00 |
| 2016-02-04 | Lower Price Target | Credit Suisse | $18.00 to $15.00 | |
| 2016-02-04 | Lower Price Target | Citigroup Inc. | Buy | $21.00 to $15.00 |
| 2016-02-04 | Lower Price Target | Credit Suisse Group AG | $18.00 to $15.00 | |
| 2016-01-13 | Downgrade | Goldman Sachs | Buy to Neutral | $19.00 |
| 2016-01-13 | Downgrade | Goldman Sachs Group Inc. | Buy to Neutral | $19.00 |
| 2016-01-08 | Reiterated Rating | Compass Point | Buy | $23.00 to $21.00 |
| 2015-12-10 | Initiated Coverage | Barclays | Overweight | $20.00 |
| 2015-12-03 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $18.00 to $21.00 |
| 2015-05-26 | Reiterated Rating | Piper Jaffray | Overweight | $23.00 |
| 2015-05-08 | Reiterated Rating | Compass Point | Buy | $21.00 |
| 2015-05-07 | Boost Price Target | Citigroup Inc. | Buy | $18.00 to $21.00 |
| 2015-02-02 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $18.00 to $21.00 |
| 2015-01-28 | Boost Price Target | Piper Jaffray | Overweight | $20.00 to $24.00 |
| 2015-01-08 | Set Price Target | Compass Point | Buy | $18.00 to $21.00 |
| 2014-11-04 | Initiated Coverage | Keefe, Bruyette & Woods | Outperform | $19.00 |
| 2014-10-10 | Initiated Coverage | Imperial Capital | Overweight | $18.00 |
| 2014-10-10 | Initiated Coverage | JMP Securities | Outperform | $20.00 |
| 2014-10-09 | Initiated Coverage | Piper Jaffray | Hold to Overweight | $18.00 |
| 2014-06-13 | Initiated Coverage | Goldman Sachs | Buy | |
| 2014-05-13 | Reiterated Rating | Citigroup Inc. | Buy | $20.00 to $19.00 |
| 2014-05-09 | Lower Price Target | Jefferies Group | $20.00 to $18.00 | |
| 2014-05-08 | Upgrade | Compass Point | Neutral to Buy | $15.00 to $18.50 |
| 2014-04-16 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $17.00 |
| 2014-04-01 | Upgrade | Jefferies Group | Hold to Buy | $19.00 to $20.00 |
| 2014-03-28 | Upgrade | Wells Fargo & Co. | Market Perform to Outperform | $17.00 to $19.00 |
| 2014-03-28 | Upgrade | Wells Fargo | Market Perform to Outperform | $17.00 to $19.00 |
| 2014-01-10 | Downgrade | FBR & Co. | Outperform to Market Perform | $19.00 to $25.00 |
| 2013-11-11 | Lower Price Target | Compass Point | Neutral | $16.50 to $15.50 |
| 2013-10-15 | Downgrade | Wells Fargo & Co. | Outperform to Market Perform | |
| 2013-10-15 | Downgrade | Wells Fargo | Outperform to Market Perform | |
| 2013-10-03 | Lower Price Target | Compass Point | Neutral | $18.00 to $16.50 |
| 2016-07-12 | Upgrade | Bank of America Corp. | Neutral to Buy | |
| 2016-05-10 | Reiterated Rating | Piper Jaffray | Overweight | $19.00 to $18.00 |
| 2016-05-10 | Reiterated Rating | Piper Jaffray Cos. | Overweight | $19.00 to $18.00 |
| 2016-03-15 | Reiterated Rating | Compass Point | Buy | $21.00 to $17.00 |
| 2016-02-06 | Reiterated Rating | Barclays | Hold |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In PFSI 135 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| Vanguard Group, Inc | 2.66M |
| RIMA SENVEST MANAGEMENT, L.L.C. | 2.23M |
| BlackRock Inc. | 2.06M |
| Saba Capital Management, L.P. | 2.06M |
| DIMENSIONAL FUND ADVISORS LP | 1.86M |
| Omega Advisors Inc. | 1.07M |
| STATE STREET CORP | 1.06M |
| CITIGROUP INC | 0.86M |
| CITADEL ADVISORS LLC | 0.70M |
| Numeric Investors LLC | 0.60M |
| Epoch Investment Partners, Inc. | 0.55M |
| GEODE CAPITAL MANAGEMENT, LLC | 0.52M |
| SEVEN LOCKS CAPITAL MANAGEMENT LP | 0.49M |
| ALLIANCEBERNSTEIN L.P. | 0.44M |
| NORTHERN TRUST CORP | 0.42M |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| BlackRock Inc. | 8.37% (1800000) | BLK / NBN / PFSI / |
| COOPERMAN LEON G | 4.60% (990200) | ARP / ASPS / ATLS / ERS / FDC / KFN / NAO / NEWM / OCN / PFSI / REXI / RSO / WAC / |
| NANJI FARHAD | 0.27% (57872) | PFSI / |
| Chang Andrew S Chief Business Development Off | 0.25% (54799) | PFSI / PMT / |
| MAZZELLA JOSEPH F | 0.25% (54351) | PFSI / |
| Walker David M Chief Credit & Entrprs Risk Of | 0.20% (42426) | PFSI / PMT / |
| MCCALLION ANNE Chief Financial Officer | 0.18% (39700) | PFSI / PMT / |
| SPECTOR DAVID President & Chief Operating Of | 0.18% (39641) | PFSI / PMT / |
| Fartaj Vandad Chief Capital Markets Officer | 0.18% (37969) | PFSI / PMT / |
| Hunt James K | 0.17% (35557) | PFSI / TCRD / |
| Wiedman Mark | 0.15% (31557) | PFSI / |
| Youssouf Emily Ann | 0.13% (28842) | PFSI / |
| Kinsella Patrick | 0.12% (26885) | PFSI / |
| Botein Matthew | 0.12% (26621) | AHL / NBN / PFSI / PMT / |
| Jones Doug Chf Corr Lending Officer | 0.09% (19821) | PFSI / PMT / |
| KURLAND STANFORD L Chairman and CEO | 0.07% (15876) | PFSI / PMT / |
| TAYLOR JOHN | 0.05% (9954) | BBCN / KW / PFSI / WIBC / |
| Hendry Gregory L EVP, Chief Accounting Officer | 0.05% (9885) | PFSI / PMT / |
| Bailey Steven Richard Chief Mortgage Ops Officer | 0.04% (9002) | PFSI / PMT / |
| Tozer Theodore W | 0.03% (7223) | PFSI / |
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