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In the latest session, PennyMac Financial Services Inc. (NYSE: PFSI) closed at $100.02 down -3.49% from its previous closing price of $103.64. In other words, the price has decreased by -$3.49 from its previous closing price. On the day, 0.75 million shares were traded. PFSI stock price reached its highest trading level at $104.63 during the session, while it also had its lowest trading level at $98.75.
Ratios:
For a deeper understanding of PennyMac Financial Services Inc.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 4.68 whereas as Long-Term Debt/Eq ratio is at 1.45.
On April 09, 2024, Keefe Bruyette Upgraded its rating to Outperform which previously was Mkt Perform and also upped its target price recommendation from $100 to $105.
On January 10, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $115.Deutsche Bank initiated its Buy rating on January 10, 2024, with a $115 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 14 ’24 when SPECTOR DAVID sold 10,000 shares for $107.57 per share. The transaction valued at 1,075,665 led to the insider holds 190,604 shares of the business.
David Spector bought 30,000 shares of PFSI for $3,244,800 on Oct 14 ’24. On Sep 26 ’24, another insider, Perotti Daniel Stanley, who serves as the Chief Financial Officer of the company, sold 10,500 shares for $112.93 each. As a result, the insider received 1,185,744 and left with 235,997 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PFSI now has a Market Capitalization of 5305400832 and an Enterprise Value of 22348517376. As of this moment, PennyMac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.75, and their Forward P/E ratio for the next fiscal year is 7.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 10.398.
Stock Price History:
Over the past 52 weeks, PFSI has reached a high of $119.13, while it has fallen to a 52-week low of $62.15. The 50-Day Moving Average of the stock is -6.95%, while the 200-Day Moving Average is calculated to be 5.37%.
Shares Statistics:
For the past three months, PFSI has traded an average of 283.69K shares per day and 293270 over the past ten days. A total of 50.18M shares are outstanding, with a floating share count of 48.44M. Insiders hold about 5.37% of the company’s shares, while institutions hold 88.23% stake in the company. Shares short for PFSI as of 1727654400 were 1738842 with a Short Ratio of 6.13, compared to 1724976000 on 1630915. Therefore, it implies a Short% of Shares Outstanding of 1738842 and a Short% of Float of 6.2.
Dividends & Splits
According to the company, the forward annual dividend rate for PFSI is 0.90, from 1.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.009648784
