UWM Holdings Corporation (UWMC)
| Market Cap | 6.42B |
| Revenue (ttm) | 2.68B |
| Net Income (ttm) | 72.49M |
| Shares Out | 1.61B |
| EPS (ttm) | 0.56 |
| PE Ratio | 7.19 |
| Forward PE | 10.70 |
| Dividend | $0.40 (10.00%) |
| Ex-Dividend Date | Sep 19, 2022 |
| Volume | 2,968,730 |
| Open | 4.05 |
| Previous Close | 4.00 |
| Day's Range | 3.97 - 4.38 |
| 52-Week Range | 3.14 - 7.94 |
| Beta | 1.02 |
| Analysts | Hold |
| Price Target | 3.86 (-3.5%) |
| Earnings Date | Aug 9, 2022 |
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 2021, UWM Holdings's revenue was $2.97 billion, a decrease of -39.86% compared to the previous year's $4.94 billion. Earnings were $98.45 million, a decrease of -97.09%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for UWMC stock is "Hold." The 12-month stock price forecast is 3.86, which is a decrease of -3.50% from the latest price.
News
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 (UWMC) Surpasses Q2 Earnings and Revenue Estimates
UWM Holdings Corporation (UWMC) delivered earnings and revenue surprises of 100% and 21.09%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
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 origin...
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 U....
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 York...
What Does the Current U.S. Interest Rate Mean for UWM Holdings?
Earnings are hovering near a low point, but the dividend might be a reason to stick around.
UWM Holdings Corporation (UWMC) Surpasses Q1 Earnings and Revenue Estimates
UWM Holdings Corporation (UWMC) delivered earnings and revenue surprises of 437.50% and 56.10%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
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 Amer...
Analysts Estimate UWM Holdings Corporation (UWMC) to Report a Decline in Earnings: What to Look Out for
UWM Holdings Corporation (UWMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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., will...
Deep Dive: These 10 dividend stocks with yields of at least 5% can help you take on stagflation or a recession
Word of progress in ceasefire talks between Russian and Ukrainian negotiators in Turkey on March 29 led to a positive reaction among investors. But even an immediate end to the hostilities wouldn't chan...
Here's Why United Wholesale Is Betting on Home Purchases
There's low multiple and high yield, but overall sentiment about this mortgage broker is downright awful.
UWM Holdings Corporation Announces Fourth Quarter & Full Year 2021 Results
PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC #earnings--UWM Holdings Corporation (NYSE: UWMC), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), the #1 wholesale mortgage lender in ...
UWM Holdings Corporation Announces 2021 Q4 and Full Year 2021 Earnings Conference Call
PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC #UWMC--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 wholesale and purchase mortgage lender i...
Should You Buy UWM Holdings (UWMC) Ahead of Earnings?
UWM Holdings (UWMC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
UWM Holdings Corporation (UWMC) Could Find Support Soon, Here's Why You Should Buy the Stock Now
After losing some value lately, a hammer chart pattern has been formed for UWM Holdings Corporation (UWMC), indicating that the stock has found support. This, combined with an upward trend in earnings e...
Blake Kolo Named UWM's New Head of Investor Relations
PONTIAC, Mich.--(BUSINESS WIRE)---- $UWMC--UWM Holding Corporation (NYSE: UWMC) today announced Blake Kolo (CPA, CVA, CFE, CFF) has been named Head of Investor Relations in addition to his current posit...
Wall Street Analysts Believe UWM Holdings Corporation (UWMC) Could Rally 34%: Here's is How to Trade
The consensus price target hints at a 34.2% upside potential for UWM Holdings Corporation (UWMC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in ear...
Why United Wholesale Mortgage CEO Matt Ishbia Is Betting His Company's Worth More
A canceled secondary stock sale might be good news for investors.
PreMarket Prep Stock Of The Day: UWM Holdings Corp
In this momentum-driven market, news can make you or break you. With respect to UWM Holdings Corp (NYSE: UWMC), a change of heart by the company has whipsawed shareholders something fierce over the past...
UWMC Stock Is Racing Higher on Share Buyback Plans. Here's What to Know.
Shareholders of UWMC stock are enjoying a 19% rise in share price after it was announced a secondary offering would be cancelled. The post UWMC Stock Is Racing Higher on Share Buyback Plans.
Why Shares of UWM Holdings Are Surging Today
The company chose not to pursue a recently announced proposed secondary offering.