As Mortgage Demand Is Slashed Due To Rising Rates, So Are The Valuations Of These Companies
Between June 10 and 17, 11 publicly traded mortgage companies saw their market value decline by a combined $6.14 billion.
Barclays Maintains Overweight on PennyMac Financial Servs, Lowers Price Target to $73
Barclays analyst Mark Devries maintains PennyMac Financial Servs (NYSE:PFSI) with a Overweight and lowers the price target from $90 to $73.
6 Analysts Have This to Say About PennyMac Financial Servs
Over the past 3 months, 6 analysts have published their opinion on PennyMac Financial Servs (NYSE:PFSI) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Piper Sandler Maintains Overweight on PennyMac Financial Servs, Lowers Price Target to $79
Piper Sandler analyst Kevin Barker maintains PennyMac Financial Servs (NYSE:PFSI) with a Overweight and lowers the price target from $82 to $79.
JMP Securities Maintains Market Outperform on PennyMac Financial Servs, Lowers Price Target to $65
JMP Securities analyst Trevor Cranston maintains PennyMac Financial Servs (NYSE:PFSI) with a Market Outperform and lowers the price target from $75 to $65.
Analyst Ratings for PennyMac Financial Servs
Over the past 3 months, 4 analysts have published their opinion on PennyMac Financial Servs (NYSE:PFSI) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Barclays Maintains Overweight on PennyMac Financial Servs, Lowers Price Target to $90
Barclays analyst Mark Devries maintains PennyMac Financial Servs (NYSE:PFSI) with a Overweight and lowers the price target from $103 to $90.
Earnings Scheduled For May 5, 2022
Companies Reporting Before The Bell
• Mirum Pharmaceuticals (NASDAQ:MIRM) is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million.
Earnings Preview For PennyMac Financial Servs
PennyMac Financial Servs (NYSE:PFSI) is set to give its latest quarterly earnings report on Thursday, 2022-05-05. Here's what investors need to know before the announcement.
Analysts estimate that PennyMac Financial Servs will report an earnings per share (EPS) of $2.45.
BTIG Initiates Coverage On PennyMac Financial Servs with Buy Rating, Announces Price Target of $60
BTIG analyst Eric Hagen initiates coverage on PennyMac Financial Servs (NYSE:PFSI) with a Buy rating and announces Price Target of $60.