Streetbeat News

UWMC

UWM Holdings Corporation

https://www.uwm.com

Industry

Financial - Mortgages

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

Open

6.26

Mkt cap

9.8B

Volume

3.1M

High

6.28

P/E Ratio

-26.17

52-wk high

9.74

Low

5.95

Div yield

0.07

52-wk low

5.67

UWM Holdings Corporation (UWMC) held its Q3 2024 earnings call on November 7, 2024. Key participants included Blake Kolo, Mathew Ishbia, and Andrew Hubacker. Analysts from Jefferies, KBW, BTIG, Morgan Stanley, Barclays, Piper Sandler, UBS, and Philly Financial participated.

Portfolio Pulse from

November 07, 2024 | 5:00 pm

UWM (UWMC) released its Q3 earnings report, providing insights into its performance for the quarter ending September 2024. The report includes comparisons of key metrics against Wall Street estimates and year-ago values.

Portfolio Pulse from

November 07, 2024 | 4:15 pm

UWM Holdings Corporation (UWMC) reported Q3 earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.08 per share. This is a significant decrease from the $0.29 per share reported a year ago.

Portfolio Pulse from

November 07, 2024 | 4:00 pm

The article highlights two oversold financial stocks, UWM Holdings Corp (NYSE:UWMC) and Gladstone Capital 7 75 Notes due 2028 (NASDAQ:GLADZ), which may present buying opportunities. UWM Holdings was recently upgraded by Barclays, while both stocks have RSI values indicating they are oversold.

Portfolio Pulse from Avi Kapoor

October 21, 2024 | 11:04 am

UWM Holdings (NYSE:UWMC) has been analyzed by six analysts, showing a range of opinions from bullish to bearish. The average 12-month price target has increased by 19.34% to $7.96. Analysts have raised their price targets, reflecting a more positive outlook despite the company's revenue challenges and high debt levels.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 6:00 pm

Barclays analyst Mark Devries has upgraded UWM Holdings (NYSE:UWMC) from Underweight to Equal-Weight and increased the price target from $6 to $8.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:54 pm

UWM Holdings (NYSE:UWMC) has been analyzed by six analysts, showing a range of opinions from bullish to bearish. The average 12-month price target has increased to $7.62, with a high of $10.00 and a low of $4.75. Recent analyst actions include several rating raises, reflecting changing market conditions. Despite challenges in revenue growth and net margin, UWM Holdings shows strong ROE but faces high debt levels.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 2:01 pm

UBS analyst Douglas Harter maintains a Sell rating on UWM Holdings (NYSE:UWMC) but raises the price target from $4.50 to $4.75.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:24 pm

Homebuyers are delaying purchases as they anticipate further declines in mortgage rates, causing slow home sales. Despite a slight increase in existing home sales, the market remains sluggish due to low inventory and homeowners holding onto lower mortgage rates. Mortgage companies and home builders saw modest stock movements.

Portfolio Pulse from Michael Juliano

August 29, 2024 | 7:49 pm

Jim Cramer shared his views on several stocks, recommending buying Dell Technologies and SoFi, while advising against B&G Foods, Symbotic, and Lucid Group. He also suggested waiting for a pullback on Johnson & Johnson and UWM Holdings.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 12:40 pm

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