UWM Holdings Corporation (UWMC)

NYSE: UWMC · IEX Real-Time Price · USD
4.00
0.00 (0.00%)
Aug 11, 2022 4:00 PM EDT - Market closed
0.00%
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...]

Industry Thrifts & Mortgage Finance
Founded 1986
Employees 8,000
Stock Exchange NYSE
Ticker Symbol UWMC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$3.86
(-3.50% downside)
Analyst Consensus: Hold
Stock Forecasts

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.

What Are the Top 7 Penny Stocks? And Should You Buy?

Penny stocks carry considerable risk, but they can also generate life-changing returns. Here are some to consider buying today.

Other symbols: BGCPBTGOBSVSBTEF

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.

Top Real Estate News for Friday, Nov. 19, 2021: 2 REITs and More Fed Spending

Two REITs that could rock with more government spending, and a look at Zillow's flop.

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.