UWM Holdings Corporation (UWMC)

NYSE: UWMC · IEX Real-Time Price · USD
5.65
-0.02 (-0.35%)
At close: Dec 6, 2023, 4:00 PM
5.52
-0.13 (-2.30%)
Pre-market: Dec 7, 2023, 6:07 AM EST
-0.35%
Market Cap 17.50B
Revenue (ttm) 1.73B
Net Income (ttm) 13.57M
Shares Out 93.65M
EPS (ttm) 0.10
PE Ratio 56.50
Forward PE 18.20
Dividend $0.40 (7.08%)
Ex-Dividend Date Dec 19, 2023
Volume 939,599
Open 5.60
Previous Close 5.67
Day's Range 5.60 - 5.78
52-Week Range 3.23 - 6.98
Beta 1.61
Analysts Hold
Price Target 5.45 (-3.54%)
Earnings Date Nov 8, 2023

About UWMC

UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company originates mortgage loans through wholesale channel. It originates primarily conforming and government loans. UWM Holdings Corporation was founded in 1986 and is headquartered in Pontiac, Michigan. [Read more]

Sector Financials
Founded 1986
Employees 6,000
Stock Exchange NYSE
Ticker Symbol UWMC
Full Company Profile

Financial Performance

In 2022, UWM Holdings's revenue was $2.37 billion, a decrease of -20.12% compared to the previous year's $2.97 billion. Earnings were $41.72 million, a decrease of -57.63%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for UWMC stock is "Hold." The 12-month stock price forecast is $5.45, which is a decrease of -3.54% from the latest price.

Price Target
$5.45
(-3.54% downside)
Analyst Consensus: Hold
Stock Forecasts

News

UWM Holdings Corporation Announces Third Quarter 2023 Results

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results fo...

4 weeks ago - Business Wire

UWM Holdings Corporation Announces Q3 2023 Earnings Conference Call

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 overall mortgage lender, wholesale and purchas...

6 weeks ago - Business Wire

Housing market creating 'good time to buy' despite higher rates, says UWM CEO Mat Ishbia

Mat Ishbia, CEO of United Wholesale Mortgage, joins 'Closing Bell: Overtime' to discuss the outlook for mortgage rates, the impact of inflation on the housing market next year, and more.

7 weeks ago - CNBC Television

3 Mortgage Companies To Watch On Rising Home Sales

The housing market in the United States has been calling the shots in a pivotal story; investors are witnessing a bottoming in everything surrounding Real Estate. These trends will challenge the risin...

Other symbols: COOPWD
3 months ago - MarketBeat

UWM Holdings Corporation Announces Second Quarter 2023 Results

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results fo...

4 months ago - Business Wire

UWM Holdings Corporation Announces Q2 2023 Earnings Conference Call

PONTIAC, Mich.--(BUSINESS WIRE)--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 overall mortgage lender, wholesale and purchase mortga...

4 months ago - Business Wire

How To Earn $500 A Month From UWM Holdings Corp Stock - UWM Hldgs (NYSE:UWMC)

Stocks reacted positively on Wednesday as annual consumer inflation fell to 3% in June, down from May's 4% reading and below estimates of 3.1%. The annual rate of inflation dropped for 12 consecutive ...

5 months ago - Benzinga

UWM Holdings Corporation Announces First Quarter 2023 Results

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results fo...

7 months ago - Business Wire

UWM Holdings Corporation Announces Q1 2023 Earnings Conference Call

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 overall mortgage lender, and the top wholesale...

8 months ago - Business Wire

Home purchase demand is strong despite weak supply, says United Wholesale Mortgage CEO

Mat Ishbia, United Wholesale Mortgage CEO and Phoenix Suns owner, joins 'Squawk Box' to discuss managing the housing slowdown, their dual strategy of purchases and finances, Kevin Durant's Phoenix Sun...

9 months ago - CNBC Television

UWM Holdings Corporation Announces Fourth Quarter & Full Year 2022 Results

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results fo...

10 months ago - Business Wire

UWM Holdings Corporation Announces Q4 2022 and Full Year 2022 Earnings Conference Call

PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC #UWM--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 overall mortgage lender, wholesale and ...

10 months ago - Business Wire

United Wholesale Mortgage CEO Mat Ishbia to buy Phoenix Suns & Mercury for $4 billion

Chairman and CEO of United Wholesale Mortgage CEO Mat Ishbia to buy Phoenix Suns and Mercury for $4 billion. CNBC's 'Squawk Box' team reports.

1 year ago - CNBC Television

UWMC CEO Mat Ishbia set to buy the Phoenix Suns in $4 billion purchase

Yahoo Finance Live's Dave Briggs reports on UWMC CEO Mat Ishbia's purchase of the Phoenix Suns NBA franchise.

1 year ago - Yahoo Finance

UWM Holdings Corporation Announces Third Quarter 2022 Results

PONTIAC, Mich--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results for...

1 year ago - Business Wire

The real challenge is how long these real estate market conditions last, says BofA's Bhatia

Bank of America Securities research analyst Mihir Bhatia joins 'Power Lunch' to discuss how much mortgage volumes will fall, if Bhatia's coverage universe can survive a fall in mortgage volumes and wh...

Other symbols: GHLDRKTTREE
1 year ago - CNBC Television

United Wholesale Mortgage Expands Massive NIL Deal With MSU Athletes

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWM--United Wholesale Mortgage (UWM), the No. 1 wholesale and No. 1 purchase mortgage lender in the country, today announced it is offering sponsorships to all Michi...

1 year ago - Business Wire

Purchase business is what's going to win for mortgage companies, says UWM CEO Mat Ishbia

Mat Ishbia, United Wholesale Mortgage CEO, joins 'The Exchange' to discuss the company's earnings beat despite a lending cooldown.

1 year ago - CNBC Television

UWM Holdings Corporation Announces Second Quarter 2022 Results

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), the #1 wholesale and #1 purchase mortgage orig...

1 year ago - Business Wire

UWM Holdings Corporation Announces 2022 Q2 Earnings Conference Call

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 wholesale and purchase mortgage lender in the ...

1 year ago - Business Wire

UWM to Return to New York Stock Exchange with 100 Independent Mortgage Brokers

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--United Wholesale Mortgage (NYSE:UWMC), the #1 wholesale and purchase lender in America, announced it is bringing 100 independent mortgage brokers to the New Yo...

1 year ago - Business Wire

Why UWM Holdings Shares Are Rising Today

UWM Holdings Corp (NYSE: UWMC) shares are trading higher Tuesday after the company announced better-than-expected financial results and issued guidance.  UWM Holdings reported first-quarter revenue of...

1 year ago - Benzinga

UWM Holdings Corporation Announces First Quarter 2022 Results

PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC #UWMC--UWM Holdings Corporation (NYSE: UWMC), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), the #1 wholesale mortgage lender in Am...

1 year ago - Business Wire

UWM Holdings Corporation Announces 2022 Q1 Earnings Conference Call

PONTIAC, Mich.--(BUSINESS WIRE)--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 wholesale and purchase mortgage lender in the U.S., wi...

1 year ago - Business Wire