Keefe, Bruyette & Woods Cuts UWM (NYSE:UWMC) Price Target to $6.00

UWM (NYSE:UWMC) had its target price lowered by Keefe, Bruyette & Woods from $6.75 to $6.00 in a research report sent to investors on Friday morning,Benzinga reports. The firm currently has a market perform rating on the stock.

Several other brokerages have also recently commented on UWMC. Jefferies Financial Group set a $4.40 price objective on shares of UWM in a research note on Wednesday. Morgan Stanley set a $6.00 price target on shares of UWM in a report on Tuesday, December 16th. UBS Group boosted their price target on shares of UWM from $5.50 to $6.00 and gave the company a “neutral” rating in a research report on Wednesday, November 12th. Wall Street Zen downgraded UWM from a “hold” rating to a “strong sell” rating in a research report on Saturday, November 15th. Finally, The Goldman Sachs Group set a $5.00 price objective on UWM in a research note on Tuesday, January 6th. Two analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, UWM has a consensus rating of “Hold” and a consensus price target of $6.24.

UWM Price Performance

Shares of NYSE UWMC opened at $4.41 on Friday. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.52 and a current ratio of 1.52. UWM has a fifty-two week low of $3.79 and a fifty-two week high of $7.14. The stock has a market cap of $7.06 billion, a PE ratio of 73.57 and a beta of 1.90. The stock has a fifty day moving average of $4.99 and a 200-day moving average of $5.45.

UWM (NYSE:UWMC) last issued its earnings results on Wednesday, February 25th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). The company had revenue of $945.25 million during the quarter, compared to the consensus estimate of $759.12 million. UWM had a negative return on equity of 1.35% and a net margin of 0.87%. Equities research analysts anticipate that UWM will post 0.2 earnings per share for the current year.

UWM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Thursday, March 19th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date of this dividend is Thursday, March 19th. UWM’s payout ratio is currently 666.67%.

Insider Buying and Selling

In other UWM news, CEO Ishbia Mat sold 632,874 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $4.42, for a total transaction of $2,797,303.08. Following the sale, the chief executive officer owned 6,314,123 shares in the company, valued at $27,908,423.66. This trade represents a 9.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 19,735,765 shares of company stock valued at $100,294,166 over the last quarter. 94.11% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On UWM

Several institutional investors have recently modified their holdings of UWMC. Allworth Financial LP raised its holdings in shares of UWM by 5,681.9% during the 3rd quarter. Allworth Financial LP now owns 4,163 shares of the company’s stock valued at $25,000 after buying an additional 4,091 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of UWM by 408.7% during the third quarter. GAMMA Investing LLC now owns 5,407 shares of the company’s stock worth $33,000 after acquiring an additional 4,344 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of UWM during the second quarter worth approximately $35,000. Farther Finance Advisors LLC lifted its holdings in shares of UWM by 1,410.7% in the 4th quarter. Farther Finance Advisors LLC now owns 8,596 shares of the company’s stock worth $38,000 after acquiring an additional 8,027 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in shares of UWM in the 3rd quarter valued at $38,000. 53.59% of the stock is currently owned by institutional investors.

More UWM News

Here are the key news stories impacting UWM this week:

• Positive Sentiment: Revenue and volume beat — UWM reported roughly $945M in Q4 revenue and its highest quarterly loan origination volume since 2021, showing demand and market‑share execution that support topline momentum. Q4 Results
• Positive Sentiment: Quarterly dividend announced ($0.10/share; ~9% yield) — that payout can attract income‑oriented holders and provide a baseline of demand. Dividend Announcement
• Neutral Sentiment: Analyst note roundups — recent analyst commentaries summarize mixed views after Q4; some maintain overweight/hold ratings while re‑setting targets. These pieces consolidate opinion but don’t move consensus decisively. Benzinga Analysts Roundup Yahoo: What Analysts Are Saying
• Neutral Sentiment: Options flow spike — unusually high call buying was reported around earnings (large volume vs. average). This signals speculative positioning or hedging but is ambiguous for longer‑term direction. Options Activity
• Negative Sentiment: EPS miss and weak margins — reported EPS (~$0.06–$0.08) came below consensus (~$0.09) and net margin/ROE remain pressured; earnings disappointment was a primary trigger for selling. Earnings Call Transcript
• Negative Sentiment: Conservative, wide Q1 guidance — the $650M–$850M revenue band increases near‑term uncertainty and left some analysts and traders disappointed. Call Transcript
• Negative Sentiment: Insider selling — CEO Mat Ishbia sold a sizable block (~632,874 shares on Feb. 25; SEC filing), which amplified negative sentiment despite possible liquidity reasons. SEC Filing
• Negative Sentiment: Price target trims and market reaction — Barclays and Keefe, Bruyette & Woods lowered targets to $6.00 and moved ratings to market‑perform/overweight; the cuts and the EPS miss helped trigger a sharp intraday selloff (reports of a ~12% plunge and a new 12‑month low). MSN: Stock Plunge

About UWM

United Wholesale Mortgage (NYSE: UWMC) is a leading mortgage lender in the United States specializing in the wholesale channel. The company partners with independent mortgage brokers, community banks and credit unions to offer a full suite of residential mortgage products. Through its network of third-party originators, United Wholesale Mortgage underwrites, funds and closes loans, allowing its partners to focus on customer acquisition and service.

The company’s product offerings include conventional fixed- and adjustable-rate mortgages, Federal Housing Administration (FHA) loans, Veterans Affairs (VA) loans, U.S.