Citizens JMP Reiterates Market Perform Rating on PennyMac Financial (PFSI)

Citizens JMP analyst Trevor Cranston reiterated a Market Perform rating on PennyMac Financial (NYSE: PFSI).

The analyst commented, “With PFSI shares currently trading at 8.6x our fresh 2025 EPS estimate and 1.29x current book value, we reiterate our Market Perform rating on the stock and see the shares as fairly valued at this time. Thus far in 2025, PFSI shares have declined 4.7% versus an MOC peer median decline of 3.4% and a 3.6% drop in the Russell 2000 Index. We are projecting an ROE for 2025 of 14.6%, which we view as a solid result in a modest origination environment, and we continue to believe that companies such as PFSI that are solidly profitable today will be in a strong position to capture upside optionality if and when mortgage rates eventually decline, as the pool of loans originated at today's higher rates continues to grow over time.”

For an analyst ratings summary and ratings history on PennyMac Financial click here. For more ratings news on PennyMac Financial click here.

Shares of PennyMac Financial closed at $97.30 yesterday.

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