PennyMac Financial Services Inc (NYSE:PFSI) Announces Dividend of $0.12
PennyMac Financial Services Inc (NYSE:PFSI) announced a dividend on Thursday, October 31st, Fidelity reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.12 per share by the real estate investment trust on Friday, November 29th. The ex-dividend date of this dividend is Thursday, November 14th.
Shares of PennyMac Financial Services stock traded up $0.37 during trading on Tuesday, hitting $31.23. 450,226 shares of the company’s stock traded hands, compared to its average volume of 314,514. The company has a debt-to-equity ratio of 2.18, a current ratio of 0.18 and a quick ratio of 0.18. The firm’s fifty day moving average price is $31.27 and its 200 day moving average price is $26.29. PennyMac Financial Services has a twelve month low of $19.28 and a twelve month high of $33.46. The company has a market cap of $2.42 billion, a PE ratio of 12.06, a PEG ratio of 0.69 and a beta of 0.36.
PennyMac Financial Services (NYSE:PFSI) last issued its earnings results on Thursday, October 31st. The real estate investment trust reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.26. PennyMac Financial Services had a net margin of 22.54% and a return on equity of 15.84%. The business had revenue of $436.35 million for the quarter, compared to analyst estimates of $368.20 million. As a group, equities research analysts anticipate that PennyMac Financial Services will post 4.43 earnings per share for the current year.
In related news, Director Anne Mccallion sold 10,000 shares of PennyMac Financial Services stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $31.37, for a total transaction of $313,700.00. Also, insider Stanford L. Kurland sold 45,000 shares of PennyMac Financial Services stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $28.25, for a total transaction of $1,271,250.00. The disclosure for this sale can be found here. Insiders have sold a total of 235,000 shares of company stock valued at $7,164,050 over the last three months. 22.17% of the stock is currently owned by insiders.
PennyMac Financial Services Company Profile
PennyMac Financial Services, Inc, through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. It operates through three segments: Loan Production, Loan Servicing, and Investment Management. The Loan Production segment is involved in the origination, acquisition, and sale of mortgage loans.
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