PennyMac Financial Services, Inc.
PennyMac Financial Services, Inc. (NYSE: PFSI) is trading at $65.46, about ₹6,276 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.31% today. Indian residents can buy PennyMac Financial Services from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$64.95
Today's high
$66.11
52 week low
$64.57
52 week high
$160.36
PFSI opened at $65.39, closed previously at $65.26, and has traded between $64.57 and $160.36 over the past 52 weeks.
About
PennyMac Financial Services, Inc. (PFSI), through its various subsidiaries, is actively engaged in mortgage banking and investment management activities across the United States. The company's operations are structured into three primary divisions: Production, Servicing, and Investment Management. The Production segment focuses on the creation, acquisition, and subsequent sale of loans. Its primary involvement is with first-lien residential mortgage loans, encompassing both conventional products and those insured or guaranteed by the government. The Servicing segment is responsible for the administration of newly originated loans, in addition to managing early buyout transactions and providing servicing for other loan portfolios. This involves a broad range of activities, such as general loan administration, payment collection, and managing defaults. Specific duties include processing loan payments, addressing customer inquiries, meticulously accounting for principal and interest, holding custodial funds for property taxes and insurance premiums, providing guidance to delinquent borrowers, and supervising foreclosure processes and property dispositions. Furthermore, this segment implements loss mitigation strategies, including loan modification and forbearance programs. The Investment Management segment's core functions include identifying potential investment assets, conducting thorough due diligence, submitting bids, and finalizing acquisitions. It also oversees the correspondent production operations for PennyMac Mortgage Investment Trust and manages the acquired asset base. PennyMac Financial Services, Inc. was established in 2008 and maintains its headquarters in Westlake Village, California.
Key statistics
Avg. volume
577.18K
Market cap
$3.40B
P/E Ratio
8.66
Price-to-sales ratio
0.67
Enterprise value
$26.87B
Free cash flow yield
-45.60%
Debt-to-equity ratio
5.46
Return on equity
9.14%
ROIC
1.31%
Beta
1.43
Dividend yield
1.83%
Last dividend
$1.20
Financial overview
Revenue
$4.42B
Earnings per share
$9.69
Free cash flow
-$1.41B
Net profit margin
7.79%
Gross margin
59.83%
EBITDA
$620.77M
Revenue growth
55.29%
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This is not an investment recommendation
How to buy PennyMac Financial Services from India
Indian residents can buy PennyMac Financial Services shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for PennyMac Financial Services and place an order
Find PennyMac Financial Services by name or by its ticker, PFSI, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. PennyMac Financial Services trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your PennyMac Financial Services position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in PennyMac Financial Services from India
Trading and taxes when buying PennyMac Financial Services from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. PennyMac Financial Services’ current yield is 1.83%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy PennyMac Financial Services stock?
Yes. PennyMac Financial Services (PFSI) has been listed on the New York Stock Exchange since 2013, in the Financial - Mortgages industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one PennyMac Financial Services share cost in rupees?
One PennyMac Financial Services share is $65.46 — about ₹6,276 at a USD/INR rate of 95.88 on 26 Sep 2026. Both the PennyMac Financial Services price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying PennyMac Financial Services from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of PennyMac Financial Services?
Yes. One PennyMac Financial Services share is $65.46, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in PennyMac Financial Services.
How are gains on PennyMac Financial Services shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the PennyMac Financial Services price. Paasa issues a capital-gains statement for your return.
Does PennyMac Financial Services pay a dividend, and how is it taxed in India?
Yes. PennyMac Financial Services pays a dividend and the current yield is 1.83%; the last declared dividend was $1.20 per share, about ₹115.06. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade PennyMac Financial Services from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on PennyMac Financial Services shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare PennyMac Financial Services shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your PennyMac Financial Services holding, its cost and its closing value.
How do I sell PennyMac Financial Services and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.