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: $5.61 to $6.05
• 50-Day Range: $5.65 to $7.50
• 52-Week Range: $5.44 to $9.74
• Volume: 4.88 million shs
• Average Volume: 2.08 million shs
• Market Capitalization: $9.40 billion
• P/E Ratio: N/A
• Dividend Yield: 6.80%
• Price Target: $7.28
• Consensus Rating: Hold

UWM Stock Analysis - MarketRank™

UWM scored higher than 41% of companies evaluated by MarketBeat, and ranked 556th out of 937 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, 6 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

UWM has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 157.89%

Earnings Growth

Earnings for UWM are expected to grow by 157.89% in the coming year, from $0.19 to $0.49 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of UWM is -25.57, 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 -25.57, 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 3.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.84% of the outstanding shares of UWM have been sold short.

Short Interest Ratio / Days to Cover

UWM has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in UWM has recently increased by 10.15%, 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 6.64%, 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 Sustainability

Based on EPS estimates, UWM will have a dividend payout ratio of 81.63% 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

0.84% of the outstanding shares of UWM have been sold short.

Short Interest Ratio / Days to Cover

UWM has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in UWM has recently increased by 10.15%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: -0.04

News Sentiment

UWM has a news sentiment score of -0.04. 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 is a lower news sentiment than the 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for UWM this week, compared to 3 articles on an average week.

Search Interest

Only 3 people have searched for UWMC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added UWM to their MarketBeat watchlist in the last 30 days. This is a decrease of -70% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, UWM insiders have not sold or bought any 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 2024. Since then, UWMC stock has decreased by 17.8% and is now trading at $5.88.
View the best growth stocks for 2024 here.

How were UWM's earnings last quarter?

UWM Holdings Co. (NYSE:UWMC) released its earnings results on Tuesday, August, 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.02. The firm earned $507.09 million during the quarter, compared to analyst estimates of $540.31 million.

Who are UWM's major shareholders?

UWM's top institutional shareholders include FMR LLC (10.69%), Philadelphia Financial Management of San Francisco LLC (2.68%), State Street Corp (1.67%) and Geode Capital Management LLC (1.62%). 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
• Ex-Dividend for 1/9 Dividend: 12/19/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/09/2025

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: $7.28
• High Stock Price Target: $10.00
• Low Stock Price Target: $4.75
• Potential Upside/Downside: +23.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.23)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 30.95
• P/E Growth: N/A
• Net Income: $-13,230,000.00
• Net Margins: N/A
• Pretax Margin: -11.74%
• Return on Equity: -5.79%
• Return on Assets: -1.04%

Debt

• Debt-to-Equity Ratio: 1.06
• Current Ratio: 1.40
• Quick Ratio: 1.40

Sales & Book Value

• Annual Sales: $835.67 million
• Price / Sales: 11.25
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.55 per share
• Price / Book: 3.79

Miscellaneous

• Outstanding Shares: 1,598,246,000
• Free Float: 94,137,000
• Market Cap: $9.40 billion
• Optionable: Optionable
• Beta: 1.65