PennyMac Financial Services Hits New 1-Year Low

Analysts Weigh In on Whether It's Time to Sell the Stock

Mar. 13, 2026 at 6:08pm

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PennyMac Financial Services, Inc. (NYSE:PFSI), a leading mortgage banking company based in Westlake Village, California, saw its share price reach a new 52-week low during mid-day trading on Friday. The stock traded as low as $84.10 before closing at $84.47, with a trading volume of 222,780 shares.

Why it matters

PennyMac Financial Services' new 1-year low raises questions about the company's performance and the outlook for the mortgage banking industry. Analysts have issued a mix of ratings and price targets, with some recommending a sell while others maintain a buy or hold rating.

The details

Several research analysts have weighed in on PennyMac Financial Services' stock. Zacks Research downgraded the shares from a "hold" rating to a "strong sell" rating, while Keefe, Bruyette & Woods decreased their price target from $143 to $115 and maintained a "market perform" rating. BTIG Research reaffirmed a "buy" rating, and Weiss Ratings lowered their rating from "buy (b-)" to "hold (c+)". Overall, the stock has an average rating of "Hold" and an average target price of $139.71.

  • PennyMac Financial Services' share price reached a new 52-week low during mid-day trading on Friday, March 13, 2026.

The players

PennyMac Financial Services, Inc.

A leading mortgage banking company based in Westlake Village, California, that operates through two primary business segments: Production and Mortgage Servicing Rights (MSR).

Zacks Research

A research firm that downgraded PennyMac Financial Services' stock from a "hold" rating to a "strong sell" rating.

Keefe, Bruyette & Woods

A research firm that decreased its price target for PennyMac Financial Services from $143 to $115 and maintained a "market perform" rating.

BTIG Research

A research firm that reaffirmed a "buy" rating on PennyMac Financial Services' stock.

Weiss Ratings

A research firm that lowered its rating on PennyMac Financial Services from "buy (b-)" to "hold (c+)".

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.