PFSI · PennyMac Financial Services, Inc.
$75.09
-0.65 (-0.86%)
At close · Aug 21
Market Cap
$3.90B
Shares
51.95M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$75.09
Open$76.02
Day$74.73–76.26
52W close$75.09–159.46
Avg vol 30d599K
Short int2.6M · 5.1% float · 4.0d
Short vol70%
Last earningsJul 29, 2026
DataJan 2020–Aug 2026
Filing10-Q · Aug 4
Up next
Next earnings call
Oct 31, 2026
Est · unconfirmed
· in 10 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 4, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Strong Sell
Momentum
Very Weak
Sentiment
Bearish
Fundamentals
Strong
Quant / Vol
Very High
Market backdrop
VIX 15.1 · calm
Equity put/call 0.58
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−26%
below
Price vs 50-day avg
−8%
below
RSI (14)
40
neutral
MACD trend
Negative
52-week position
0%
near low
Momentum
relative strength
1-month return
−9%
trailing
6-month return
−18%
trailing
YTD return
−43%
this year
Relative strength
−30%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $81 › 200d $101 — 200d above 50d
Institutional flow
Distributing
-3% holders QoQ · +33 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
5.06% of float · ▲ +9.3% MoM · 4.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
233 holders — mid 3-yr range
Squeeze score
59
elevated · 0–100
Fundamentals
Revenue growth
+3%
Y/Y
EPS growth
+59%
Y/Y
Free cash flow
$-1.7B
Valuation
P/E 10.3
below peers
Buyback
$200.0M
remaining
Balance sheet
$10.9B
net debt
Quant / Vol
risk profile
Volatility
47%
annualized · 1-yr
Max drawdown
−53%
past year
ATR
3.5%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Jun 30, 2026
annualized
Annualized cost savings
$60M
by the end of the third quarter
Processing costs to produce a loan (additional reduction)
20%
by year-end 2027
Origination tasks completed by automated logic or AI agents
80%
Prior guidance
period ended
· from the Earnings Call filed Sep 30, 2024
Annualized operating returns on equity
· 2025
17% – 20%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−26%
Bearish
Price vs 50-day avg
−8%
Bearish
RSI (14)
40
Neutral
MACD trend
Negative
Bearish
52-week position
0%
Bearish
Market signals — smart money & positioning
Bearish · 2 of 6
Trend (MA cross)
No cross
50d $81 › 200d $101 — 200d above 50d
Institutional flow
Distributing
-3% holders QoQ · +33 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
5.06% of float · ▲ +9.3% MoM · 4.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
233 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $75
Now $75 · 0%
Range high $159
vs 200-day avg -26%
vs 50-day avg -8%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| 60+ Day Delinquency (owned portfolio) | 4.1% | 2Q26 | — |
| Actual CPR (owned portfolio) | 11.6% | 2Q26 | — |
| Adjusted diluted EPS non-GAAP | $1.39 | 2Q26 | — |
| Adjusted EBITDA non-GAAP | $204M | 2Q26 | — |
GAAP → non-GAAP reconciliationGAAP Net income 22M
+10M Provision for (benefit from) income taxes
+14M Depreciation and amortization
-118M (Increase) decrease in fair value of MSRs and MSLs due to changes in valuation inputs used in the valuation model
+2M Principal-only stripped MBS valuation-related accretion changes
+186M Hedging losses (gains) associated with MSRs
-9M Valuation gains relating to investment in closely held entities
+8M Provision for (reversal of) losses on active loans
+4M Stock-based compensation
+1M Cenlar acquisition related expenses
+83M Interest expense on corporate debt
= Adjusted EBITDA 204M
|
|||
| Adjusted net income non-GAAP | $74M | 2Q26 | — |
GAAP → non-GAAP reconciliationGAAP Net income 22M
-118M (Increase) decrease in fair value of MSRs and MSLs due to changes in valuation inputs used in the valuation model
+2M Principal-only stripped MBS valuation-related accretion changes
+186M Hedging losses (gains) associated with MSRs
+8M Provision for (reversal of) losses on active loans
-9M Valuation gains relating to investment in closely held entities
+1M Cenlar acquisition related expenses
-18M Tax impacts of adjustments
= Adjusted net income 74M
|
|||
| Adjusted net revenues non-GAAP | $566M | 2Q26 | — |
| Annualized adjusted ROE non-GAAP | 7% | 2Q26 | — |
| Average servicing portfolio UPB | $726.15B | 2Q26 | — |
| Book value per share | $83.49 | 2Q26 | — |
| Broker Direct fallout adjusted locks | 6.5B | 2Q26 | — |
| Broker direct lock volume | $8.5B | 2Q26 | — |
| Broker direct locks | $8.5B | 2Q26 | — |
| Broker direct originations | $7B | 2Q26 | — |
|
|
|||
| Consumer Direct fallout adjusted locks | 4.5B | 2Q26 | — |
| Consumer direct lock volume | $6.1B | 2Q26 | — |
| Consumer direct locks | $6.1B | 2Q26 | — |
| Consumer direct originations | 5.6B | 2Q26 | — |
| Conventional first-lien refinance recapture rate | 29% | 2Q26 | — |
| Correspondent acquisitions | $22.3B | 2Q26 | — |
| Correspondent fallout adjusted locks | 20.5B | 2Q26 | — |
| EBO loan volume | $1.22B | 2Q26 | — |
| Loans serviced | 2.75M | 2Q26 | — |
| Owned servicing portfolio | 488B | 2Q26 | — |
| PFSI correspondent lock volume | $18.6B | 2Q26 | — |
| Pretax income excluding valuation-related items non-GAAP | $99M | 2Q26 | — |
|
|
|||
| Production revenue margins | 77 | 2Q26 | — |
| Production segment pretax income | $38M | 2Q26 | — |
|
|
|||
| Servicing portfolio UPB | 488B | 2Q26 | — |
| Servicing pretax income net of valuation related changes non-GAAP | $99M | 2Q26 | — |
GAAP → non-GAAP reconciliationGAAP Servicing pretax income $22M
-$118M (Increase) decrease in fair value of MSRs and MSLs due to changes in valuation inputs used in the valuation model
+$187M Hedging (gains) losses associated with MSRs
+$8M Provision for (reversal of) losses on active loans
= Servicing pretax income net of valuation related changes $99M
|
|||
| Servicing segment pretax income | $22M | 2Q26 | — |
|
|
|||
| Subservicing UPB | 235B | 2Q26 | — |
|
|
|||
| Total acquisitions and originations | $34.9B | 2Q26 | — |
| Total fallout adjusted locks | 31.5B | 2Q26 | — |
| Total loan acquisitions and originations | 34.9B | 2Q26 | — |
| Total servicing portfolio UPB | 731B | 2Q26 | — |
| Total UPB | $731B | 2Q26 | — |
| UPB of completed modifications | $2.85B | 2Q26 | — |
| Adjusted return on equity (annualized) non-GAAP | 11% | the first quarter of 2026 | — |
| Production revenue margins, including fulfillment fees from PMT | 86 | the first quarter of 2026 | — |
| Return on equity (annualized) | 8% | the first quarter of 2026 | — |
| Servicing portfolio | $720.3B | the end of the first quarter of 2026 | — |
| Total correspondent acquisitions | $24.4B | the first quarter of 2026 | — |
| Total locks, including those for PMT | $44.8B | the first quarter of 2026 | — |
|
|
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| Correspondent acquisitions of conventional conforming and non-Agency eligible loans fulfilled fo | $3.7B | Q4 2025 | — |
| Correspondent lock volume for PMT's account | $4.1B | Q4 2025 | — |
| Correspondent locks for PFSI and direct lending IRLCs | $42.8B | Q4 2025 | — |
| Total loan production | $145.5B | Full-Year 2025 | — |
| Total loan production volume for PFSI's own account | $38.5B | Q4 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Mortgage Finance — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
PFSI
this stock
PennyMac Financial Services, Inc.
|
$3.90B | -43.0% | +3.1% | 10.3 | 5.1% |
|
RKT
Rocket Companies, Inc.
|
$40.20B | -28.0% | +31.2% | — | 3.5% |
|
FNMA
Federal National Mortgage Association Fannie Mae
|
$7.26B | -41.4% | -0.4% | 627.0 | 1.3% |
|
FMCC
Federal Home Loan Mortgage Corp
|
$3.72B | -43.7% | -2.7% | — | 1.5% |
|
UWMC
UWM Holdings Corp
|
$2.28B | -68.0% | +18.2% | — | 4.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| PFSI | -3.8% | -9.1% | -18.3% | -0.4% | -43.0% |
| SPY | -1.4% | +3.6% | +11.6% | +2.5% | +12.3% |
| vs SPY | -2.4% | -12.7% | -29.9% | -2.9% | -55.3% |
Capital returns
Latest dividend
$0.30
/ share · ex Aug 17, 2026
Paid (TTM)
$1.20
/ share · 4 payouts
Dividend yield (TTM, derived)
1.60%
Buyback program
· as of Jun 30, 2026
Authorized
$2.00B
Spent (derived)
$1.80B
Remaining
$200.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1745916
CUSIP
70932M107
13F (30d)
216 filings
211 filers
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