UWM (UWMC) Stock Price, News & Analysis

$7.11
-0.40 (-5.33%)
(As of 05/10/2024 ET)
Today's Range
$7.02
$7.54
50-Day Range
$6.00
$7.62
52-Week Range
$4.49
$7.75
Volume
2.01 million shs
Average Volume
1.73 million shs
Market Capitalization
$675.09 million
P/E Ratio
N/A
Dividend Yield
5.63%
Price Target
$5.50

UWM MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
20.5% Downside
$5.65 Price Target
Short Interest
Bearish
22.33% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.08mentions of UWM in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
46.67%
From $0.30 to $0.44 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.12 out of 5 stars

Finance Sector

769th out of 876 stocks

Mortgage Bankers & Correspondents Industry

5th out of 7 stocks

UWMC stock logo

About UWM Stock (NYSE:UWMC)

UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company offers 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.

UWMC Stock Price History

UWMC Stock News Headlines

Barclays Reaffirms Their Sell Rating on UWM Holding (UWMC)
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UWM (UWMC) Scheduled to Post Earnings on Thursday
The mortgage rate pendulum swings yet again
KBW Reaffirms Their Sell Rating on UWM Holding (UWMC)
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Ex-Dividend for 4/11 Dividend
3/19/2024
Dividend Payable
4/11/2024
Today
5/10/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Mortgage bankers & correspondents
Sub-Industry
N/A
Employees
6,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.65
High Stock Price Target
$7.00
Low Stock Price Target
$4.00
Potential Upside/Downside
-23.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
10 Analysts

Profitability

Net Income
$-13,230,000.00
Pretax Margin
-5.82%

Debt

Sales & Book Value

Annual Sales
$1.31 billion
Book Value
$26.42 per share

Miscellaneous

Free Float
5,507,000
Market Cap
$679.84 million
Optionable
Optionable
Beta
1.62
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UWMC Stock Analysis - Frequently Asked Questions

Should I buy or sell UWM stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for UWM in the last year. There are currently 2 sell ratings, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UWMC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UWMC, but not buy additional shares or sell existing shares.
View UWMC analyst ratings
or view top-rated stocks.

What is UWM's stock price target for 2024?

10 brokerages have issued twelve-month price objectives for UWM's stock. Their UWMC share price targets range from $4.00 to $7.00. On average, they predict the company's stock price to reach $5.65 in the next twelve months. This suggests that the stock has a possible downside of 20.5%.
View analysts price targets for UWMC
or view top-rated stocks among Wall Street analysts.

How have UWMC shares performed in 2024?

UWM's stock was trading at $7.15 at the start of the year. Since then, UWMC stock has decreased by 0.6% and is now trading at $7.11.
View the best growth stocks for 2024 here
.

Are investors shorting UWM?

UWM saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 19,890,000 shares, an increase of 22.6% from the March 31st total of 16,220,000 shares. Based on an average daily volume of 1,790,000 shares, the days-to-cover ratio is currently 11.1 days. Currently, 23.3% of the shares of the stock are sold short.
View UWM's Short Interest
.

When is UWM's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our UWMC earnings forecast
.

How were UWM's earnings last quarter?

UWM Holdings Co. (NYSE:UWMC) announced its quarterly earnings data on Wednesday, February, 28th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $0.26. The firm had revenue of ($114.58) million for the quarter, compared to the consensus estimate of $402.14 million. UWM had a net margin of 0.79% and a trailing twelve-month return on equity of 2.45%.

How often does UWM pay dividends? What is the dividend yield for UWM?

UWM declared a quarterly dividend on Friday, May 10th. Stockholders of record on Thursday, June 20th will be given a dividend of $0.10 per share on Thursday, July 11th. This represents a $0.40 dividend on an annualized basis and a yield of 5.63%. The ex-dividend date of this dividend is Thursday, June 20th.
Read our dividend analysis for UWMC
.

Is UWM a good dividend stock?

UWM (NYSE:UWMC) pays an annual dividend of $0.40 per share and currently has a dividend yield of 5.88%. UWMC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for UWMC.

What ETFs hold UWM's stock?
Who are UWM's major shareholders?

UWM's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.83%), Cambridge Investment Research Advisors Inc. (0.30%), Quantbot Technologies LP (0.12%), Simplex Trading LLC (0.00%), Allspring Global Investments Holdings LLC (0.08%) and Inspire Investing LLC (0.06%). Insiders that own company stock include Andrew Hubacker, Kelly Czubak, Laura Lawson, Melinda Wilner, Robert Verdun and Tim Forrester.
View institutional ownership trends
.

How do I buy shares of UWM?

Shares of UWMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:UWMC) was last updated on 5/10/2024 by MarketBeat.com Staff

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