Analyst Price Target is $69.50
▲ +19.19% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for PennyMac Financial Services in the last 3 months. The average price target is $69.50, with a high forecast of $82.00 and a low forecast of $60.00. The average price target represents a 19.19% upside from the last price of $58.31.
Current Consensus is
Buy
The current consensus among 6 investment analysts is to buy stock in PennyMac Financial Services. This rating has held steady since October 2022, when it changed from a Hold consensus rating.
PennyMac Financial Services, Inc. operates as a holding company, which engages in the production and servicing of U.S. residential mortgage loans. It operates through the following segments: Production, Servicing, and Investment Management. The Production segment includes mortgage loan origination, acquisition, and sale activities. The Servicing segment offers servicing of originated mortgage loans and execution and management of early buyout transactions. The Investment Management segment is involved in sourcing, performing diligence, bidding and closing investment asset acquisitions, managing correspondent production activities and managing the acquired assets. The company was founded by Stanford L. Kurland on July 2, 2008 and is headquartered in Westlake Village, CA.
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