UWM Holdings Corporation (UWMC)
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]
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 StatementsAnalyst 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.
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...

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...
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.

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...

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...

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...

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 ...

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...

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...
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...

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...

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 ...
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.
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.

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...

UWM Holdings Corporation Announces Q3 2022 Earnings Conference Call
PONTIAC, Mich.
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...

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...
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.

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...

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 ...

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...

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...

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...

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...