UWM (UWMC) Expected to Announce Quarterly Earnings on Thursday

UWM (NYSE:UWMC) will likely be announcing its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $558.80 million for the quarter.

UWM (NYSE:UWMC) last announced its earnings results on Wednesday, February 26th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.06). The firm had revenue of $560.21 million during the quarter, compared to analyst estimates of $645.75 million. On average, analysts expect UWM to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

UWM Stock Up 2.2 %

Shares of NYSE UWMC opened at $4.71 on Thursday. UWM has a 1 year low of $4.15 and a 1 year high of $9.74. The firm has a market cap of $7.53 billion, a price-to-earnings ratio of -20.48 and a beta of 1.64. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.40 and a current ratio of 1.40. The stock’s 50-day simple moving average is $5.41 and its 200-day simple moving average is $5.95.

UWM Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, March 20th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 8.49%. The ex-dividend date was Thursday, March 20th. UWM’s payout ratio is 500.00%.

Analyst Upgrades and Downgrades

UWMC has been the subject of several research analyst reports. Wedbush reissued a “neutral” rating and issued a $6.50 price objective on shares of UWM in a report on Monday, March 3rd. Keefe, Bruyette & Woods raised UWM from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $6.50 to $7.50 in a report on Monday, March 3rd. Finally, UBS Group raised UWM from a “sell” rating to a “neutral” rating and lowered their price objective for the company from $4.75 to $4.50 in a report on Wednesday, April 16th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $7.21.

UWM Company Profile

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.