UWM (UWMC) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $7.29 to $7.42
• 50-Day Range: $7.26 to $9.52
• 52-Week Range: $4.77 to $9.74
• Volume: 2.23 million shs
• Average Volume: 1.82 million shs
• Market Capitalization: $703.45 million
• P/E Ratio: N/A
• Dividend Yield: 5.43%
• Price Target: $7.68
• Consensus Rating: Hold

UWM Stock Analysis - MarketRank™

UWM scored higher than 64% of companies evaluated by MarketBeat, and ranked 495th out of 910 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

UWM has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 5 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

UWM has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 84.62%

Earnings Growth

Earnings for UWM are expected to grow by 84.62% in the coming year, from $0.26 to $0.48 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of UWM is -368.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of UWM is -368.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

UWM has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

21.86% of the float of UWM has been sold short.

Short Interest Ratio / Days to Cover

UWM has a short interest ratio ("days to cover") of 6.7.

Change versus previous month

Short interest in UWM has recently increased by 17.93%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

UWM is a leading dividend payer. It pays a dividend yield of 5.42%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

UWM does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of UWM is 1,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, UWM will have a dividend payout ratio of 83.33% in the coming year. This indicates that UWM may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

21.86% of the float of UWM has been sold short.

Short Interest Ratio / Days to Cover

UWM has a short interest ratio ("days to cover") of 6.7.

Change versus previous month

Short interest in UWM has recently increased by 17.93%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.59

News Sentiment

UWM has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for UWM this week, compared to 2 articles on an average week.

Search Interest

7 people have searched for UWMC on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.

MarketBeat Follows

8 people have added UWM to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, UWM insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $55,690,000.00 in company stock.

Percentage Held by Insiders

94.11% of the stock of UWM is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

53.59% of the stock of UWM is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

UWMC Stock Analysis - Frequently Asked Questions

How have UWMC shares performed this year?

UWM's stock was trading at $7.15 at the beginning of the year. Since then, UWMC stock has increased by 2.9% and is now trading at $7.36.
View the best growth stocks for 2024 here.

How were UWM's earnings last quarter?

UWM Holdings Co. (NYSE:UWMC) issued its quarterly earnings results on Tuesday, August, 6th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.06 by $0.02. The firm had revenue of $507.09 million for the quarter, compared to analyst estimates of $540.31 million.

Who are UWM's major shareholders?

Top institutional investors of UWM include Inspire Investing LLC (0.19%), Creative Planning (0.05%), Wedmont Private Capital (0.02%) and SG Americas Securities LLC (0.02%). Insiders that own company stock include Robert Verdun, Ishbia Mat, Kelly Czubak, Laura Lawson, Melinda Wilner, Andrew Hubacker 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.

What other stocks do shareholders of UWM own?

Based on aggregate information from My MarketBeat watchlists, some other companies that UWM investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), NVIDIA (NVDA) and NIO (NIO).

Company Calendar

• Last Earnings: 8/06/2024
• Ex-Dividend for 10/10 Dividend: 9/19/2024
• Dividend Payable: 10/10/2024
• Today: 10/17/2024
• Next Earnings (Estimated): 11/13/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Mortgage bankers & correspondents
• Sub-Industry: Banking
• Current Symbol: NYSE:UWMC
• CUSIP: N/A
• CIK: 1783398
• Web: www.uwm.com
• Phone: 800-981-8898
• Fax: 310-209-3310
• Employees: 6,700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.68
• High Stock Price Target: $10.00
• Low Stock Price Target: $4.75
• Potential Upside/Downside: +4.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.03
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 28.31
• P/E Growth: N/A
• Net Income: $-13,230,000.00
• Net Margins: N/A
• Pretax Margin: 5.77%
• Return on Equity: 2.88%
• Return on Assets: 0.60%

Debt

• Debt-to-Equity Ratio: 0.87
• Current Ratio: 1.48
• Quick Ratio: 1.48

Sales & Book Value

• Annual Sales: $1.04 billion
• Price / Sales: 0.67
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $26.42 per share
• Price / Book: 0.28

Miscellaneous

• Outstanding Shares: 95,578,000
• Free Float: 5,632,000
• Market Cap: $703.45 million
• Optionable: Optionable
• Beta: 1.63