PennyMac Financial Services stock weighs Q2 earnings miss

Published on 09/29/2026 at 16:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PennyMac Financial Services stock faces a Q2 EPS miss as adjusted earnings reached USD 1.39 versus USD 2.11 consensus on July 29. Analysts' average target is USD 104.88.

PFSI, US70931T1034, Illustration mit AI erstellt.

PennyMac Financial Services stock (ISIN US70931T1034) was trading at EUR 7.22 at Lang & Schwarz on September 29, 2026, plus 0.84 percent versus the prior close of EUR 7.16. The market is weighing a second-quarter earnings miss and a cautious analyst consensus ahead of the next scheduled report.

Q2 earnings missed expectations

According to StockTitan on July 29, 2026, PennyMac Financial Services reported USD 22.0 million in net income and diluted EPS of USD 0.41 for Q2 2026. Adjusted net income reached USD 74.0 million, while adjusted diluted EPS was USD 1.39 and adjusted net revenue was USD 566.0 million.

The comparison with expectations was unfavorable. MarketBeat reported on September 12, 2026 that quarterly EPS of USD 1.39 missed the USD 2.11 consensus estimate, even as revenue increased 11.8 percent year over year. Production pretax income fell 71.0 percent from the prior quarter to USD 38.0 million, according to the July 29 filing summary.

Analyst targets remain divided

MarketBeat said on September 12, 2026 that ten brokerages assigned PennyMac Financial Services a consensus Hold rating, with four buys, four holds and two sells. The average 12-month price target was USD 104.88.

The target dispersion reflects the earnings pressure. MarketBeat reported that Wells Fargo cut its target from USD 100.00 to USD 95.00 in a report dated July 30, 2026, while Keefe, Bruyette and Woods reduced its target from USD 108.00 to USD 100.00 on July 31, 2026.

Next report is dated October 20

MarketBeat lists October 20, 2026 as PennyMac Financial Services' Q3 2026 reporting date, with results scheduled after the market closes and a conference call at 5:00 p.m. ET. The listed consensus EPS is USD 1.58 and expected revenue is USD 557.70 million.

That date gives investors a defined checkpoint after the Q2 shortfall. PennyMac Financial Services operates in mortgage production, servicing and investment management, so the next report will show whether cost control and servicing income offset weaker origination conditions.

EUR 7.22 in trading

PennyMac Financial Services stock was trading at EUR 7.22 at Lang & Schwarz on September 29, 2026 at 4:07 p.m. CEST, plus 0.84 percent versus the prior close of EUR 7.16. The primary listing is on the NYSE, where finance data showed USD 64.23 on September 29, 2026 at 10:19 a.m. ET; the currencies and venues are not combined.