Recent Investment Analysts’ Ratings Changes for PennyMac Financial Services (PFSI)

Several brokerages have updated their recommendations and price targets on shares of PennyMac Financial Services (NYSE: PFSI) in the last few weeks:

• 5/11/2026 – PennyMac Financial Services had its price target lowered by Barclays PLC from $116.00 to $107.00. They now have an “overweight” rating on the stock.
• 5/9/2026 – PennyMac Financial Services was upgraded by Wall Street Zen from “sell” to “hold”.
• 5/8/2026 – PennyMac Financial Services was downgraded by Zacks Research from “hold” to “strong sell”.
• 5/8/2026 – PennyMac Financial Services had its price target lowered by Keefe, Bruyette & Woods from $115.00 to $108.00. They now have an “outperform” rating on the stock.
• 5/6/2026 – PennyMac Financial Services was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
• 5/6/2026 – PennyMac Financial Services had its price target lowered by Piper Sandler from $122.00 to $112.00. They now have an “overweight” rating on the stock.
• 5/6/2026 – PennyMac Financial Services had its price target lowered by Wells Fargo & Company from $110.00 to $100.00. They now have an “overweight” rating on the stock.
• 4/24/2026 – PennyMac Financial Services is now covered by Stephens. They set an “equal weight” rating and a $100.00 price target on the stock.
• 4/23/2026 – PennyMac Financial Services was upgraded by Stephens to “hold”.
• 4/11/2026 – PennyMac Financial Services was downgraded by Wall Street Zen from “hold” to “sell”.
• 4/9/2026 – PennyMac Financial Services had its price target lowered by Wells Fargo & Company from $135.00 to $110.00. They now have an “overweight” rating on the stock.
• 4/6/2026 – PennyMac Financial Services had its price target lowered by Barclays PLC from $136.00 to $116.00. They now have an “overweight” rating on the stock.
• 4/3/2026 – PennyMac Financial Services was upgraded by Zacks Research from “strong sell” to “hold”.
• 4/2/2026 – PennyMac Financial Services had its price target lowered by Piper Sandler from $137.00 to $122.00. They now have an “overweight” rating on the stock.

PennyMac Financial Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Monday, May 18th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $1.20 annualized dividend and a yield of 1.4%. PennyMac Financial Services’s dividend payout ratio is presently 12.75%.

Insider Buying and Selling

In related news, CEO David Spector sold 12,436 shares of the stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $86.39, for a total transaction of $1,074,346.04. Following the transaction, the chief executive officer owned 529,401 shares of the company’s stock, valued at approximately $45,734,952.39. This represents a 2.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Derek Stark sold 1,066 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $87.66, for a total value of $93,445.56. Following the completion of the sale, the insider directly owned 20,944 shares in the company, valued at $1,835,951.04. This represents a 4.84% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 46,427 shares of company stock valued at $4,095,829. Corporate insiders own 15.80% of the company’s stock.

PennyMac Financial Services, Inc (NYSE: PFSI) is a leading mortgage banking company based in Westlake Village, California. The firm operates through two primary business segments: Production and Mortgage Servicing Rights (MSR). In its Production segment, PennyMac originates residential mortgage loans through retail, wholesale and correspondent channels, focusing on both purchase and refinance transactions. The MSR segment involves the acquisition and servicing of mortgage loans, whereby the company earns fees for managing loan portfolios on behalf of investors.

Since its founding in 2008, PennyMac has grown through a combination of organic origination and strategic acquisition of servicing rights, positioning itself as one of the largest residential mortgage loan servicers in the United States.