UWM Holdings Corporation (UWMC): Why Is Reddit’s WallStreetBets Buying This Stock Now? (2024)

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UWM Holdings Corporation (UWMC): Why Is Reddit’s WallStreetBets Buying This Stock Now? (2024)

FAQs

Is UWMC a good stock to buy? ›

UWMC Stock Forecast FAQ

Currently there's no upside potential for UWMC, based on the analysts' average price target. Is UWMC a Buy, Sell or Hold? UWM Holding has a consensus rating of Hold which is based on 1 buy ratings, 3 hold ratings and 1 sell ratings.

Who are the largest shareholders of UWMC? ›

Largest shareholders include Vanguard Group Inc, Fmr Llc, Platinum Equity Llc, BlackRock Inc., Northern Trust Corp, FBALX - Fidelity Balanced Fund, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, NAESX - Vanguard Small-Cap Index Fund Investor Shares, FCTDX - Strategic Advisers Fidelity U.S. Total Stock ...

What is the future of UWMC? ›

Future Growth

UWM Holdings is forecast to grow earnings and revenue by 63.6% and 9.3% per annum respectively. EPS is expected to grow by 66.2% per annum. Return on equity is forecast to be 30.1% in 3 years.

What is the price target for UWMC? ›

Stock Price Targets
High$10.00
Median$8.25
Low$4.50
Average$7.55
Current Price$8.47

What is the strongest buy stock? ›

Sign up for Kiplinger's Free E-Newsletters
Company (ticker)Analysts' consensus recommendation scoreAnalysts' consensus recommendation
UnitedHealth Group (UNH)1.27Strong Buy
Emerson Electric (EMR)1.30Strong Buy
Microsoft (MSFT)1.32Strong Buy
Nvidia (NVDA)1.32Strong Buy
19 more rows

Does UWMC pay monthly dividends? ›

UWM Holdings Corporation ( UWMC ) pays dividends on a quarterly basis.

What kind of stock is UWMC? ›

About UWMC

UWM Holdings Corp. is a wholesale mortgage lender, which underwrites and provides closing documentation for residential mortgage loans originated by independent mortgage brokers, correspondents, small banks and local credit unions.

How much cash does UWMC have? ›

Cash on Hand as of September 2022 : $0.79 B

According to UWM Holdings 's latest financial reports the company has $0.79 B in cash and cash equivalents.

What does UWM Holdings do? ›

UWM Holdings Corporation is a residential mortgage lender in the United States, by closed loan volume, despite originating loans through the wholesale channel. It originates primarily conforming and government loans across all 50 states and the District of Columbia.

Who are the shareholders of UWM? ›

Top Mutual Fund Holders
HolderSharesDate Reported
Fidelity Balanced Fund3.03MMay 31, 2024
Vanguard Total Stock Market Index Fund2.98MMar 31, 2024
Vanguard Small-Cap Index Fund2.26MMar 31, 2024
Fidelity Strategic Advisers Fidelity U.S. Total Stock Fund1.98MJun 30, 2024
6 more rows

How many shares does UWM have? ›

Share Statistics

UWM Holdings has 95.61 million shares outstanding.

What is UWMC debt to equity ratio? ›

Debt Level: UWMC's net debt to equity ratio (362.9%) is considered high.

What is the rating of UWMC stock? ›

Based on 8 Wall Street analysts who have issued ratings for UWM in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 8 analysts, 2 have given a sell rating, 5 have given a hold rating, and 1 has given a buy rating for UWMC.

What are the earnings expectations for UWMC? ›

Earnings Estimate
CURRENCY IN USDCurrent Qtr. (Sep 2024)Next Year (2025)
Avg. Estimate0.080.41
Low Estimate0.050.3
High Estimate0.120.5
Year Ago EPS0.150.32
1 more row

What is the target margin price? ›

The target pricing method determines pricing based on a target profit margin. It is based on the costs of producing and delivering your product or service and what customers will pay for it. You first decide how much profit you need to make then set the price based on that.

What is UWMC earnings forecast? ›

Wedbush analyst J. Mccanless now anticipates that the company will post earnings of $0.40 per share for the year, up from their previous estimate of $0.35. Wedbush has a "Neutral" rating and a $8.50 price target on the stock. The consensus estimate for UWM's current full-year earnings is $0.28 per share.

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