PENNYMAC FINANCIAL SERVICES INC (PFSI)
Financials · Non-bank mortgage origination and servicing · NYSE
Non-bank mortgage originator and servicer managing $733 billion in serviced loans with dual revenue streams from loan production and mortgage servicing, leveraging relationships with government-sponsored entities and its affiliated mortgage REIT.
What PENNYMAC FINANCIAL SERVICES INC does
PennyMac Financial Services is a specialty financial services firm that originates, acquires, and services U.S. residential mortgage loans through its non-bank subsidiary PennyMac Loan Services (PLS). The company operates across loan production (correspondent lending, broker direct, and consumer direct channels) and mortgage servicing for both its own account and external investors, with significant involvement managing investments in PennyMac Mortgage Investment Trust (PMT). The company is a seller/servicer for government-sponsored entities (Fannie Mae, Freddie Mac) and works with FHA, VA, and USDA lending programs.
Themes: ["Mortgage origination and production","Mortgage servicing","Non-bank mortgage lender","Mortgage investment management","Government-backed mortgage lending (FHA/VA/USDA)","GSE relationships (Fannie Mae/Freddie Mac)"]
Fundamentals
- Price$81.94 as of 2026-07-09 close
- Market cap$4.2B as of 2026-07-10
- 1-year return-19.9% as of 2026-07-09 close
- P/E8.35 as of 2026-07-10
- Net margin+16.0% as of 2026-07-10
- Gross margin+68.3% as of 2026-07-10
- ROE+12.0% as of 2026-07-10
- Debt / equity3.96 as of 2026-07-10
- Revenue growth (YoY)+22.6% as of 2026-07-10
- Revenue CAGR (3y)+17.5% SEC XBRL
- Beta1.44 as of 2026-07-10
Dividend: yield +1.5%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Interest rate changes and macroeconomic/real estate market volatility directly impact mortgage origination volume and profitability","Heavy reliance on government-sponsored entities (Fannie Mae, Freddie Mac, Ginnie Mae) and government programs (FHA, VA, USDA) whose policy changes, guarantees, or guidelines could materially affect business operations","Significant indebtedness and related financial covenants; substantial capital and liquidity requirements to maintain compliance and support mortgage servicing operations"]
Competitors & peers
- Rocket Companies (RKT)
- UWM Holdings (UWMC)
- Radian Group (RDN)
- New Residential Investment Corp (NRZ)
- Ellington Residential Mortgage REIT (EARN)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.