During the recent session, UWM Holdings Corporation Class (NYSE:UWMC)’s traded shares were 1,173,595, with the beta value of the company hitting 0. At the last check, the stock’s price was $7.87, reflecting an intraday gain of 1.55% or $0.12. The 52-week high for the UWMC share is $14.38, that puts it down -82.72% from that peak though still a striking +8.01% gain since the share price plummeted to a 52-week low of $7.24. The company’s market capitalization is $12.59 Billion, and the average intraday trading volume over the past 10 days was 5.21 Million shares, and the average trade volume was 9.85 Million shares over the past three months.
UWM Holdings Corporation Class (UWMC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2. UWMC has a Sell rating from none of the analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 4 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.47.
UWM Holdings Corporation Class (NYSE:UWMC): Trading Information
UWM Holdings Corporation Class (UWMC) registered a 1.55% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.35% in intraday trading to $8.07- this Thursday, Apr 01, hitting a weekly high. The stock’s 5-day price performance is -0.63%, and it has moved by -3.43% in 30 days. Despite these dips, the overall price performance for the year is -39.98%. The short interest in UWM Holdings Corporation Class (NYSE:UWMC) is 9.7 Million shares and it means that shorts have 0.98 day(s) to cover.
The consensus price target of analysts on Wall Street is $11.2, which implies an increase of 42.31% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $13.5 respectively. As a result, UWMC is trading at a discount of 71.54% off the target high and 14.36% off the low.
UWM Holdings Corporation Class (UWMC) projections and forecasts
An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated 0%. While earnings are projected to return 0% in 2021, the next five years will return 35.65% per annum.
UWMC Dividend Yield
UWM Holdings Corporation Class is due to release its next quarterly earnings on February 03, 2021. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for UWM Holdings Corporation Class is 0.4, with the dividend yield indicating at 5.04 percent, continuing the trend of increasing dividends in recent years.