In today’s recent session, 0.65 million shares of the UWM Holdings Corporation (NYSE:UWMC) have been traded, and its beta is 1.80. Most recently the company’s share price was $4.66, and it changed around -$0.05 or -1.06% from the last close, which brings the market valuation of the company to $7.45B. UWMC at last check was trading at a discount to its 52-week high of $9.74, offering almost -109.01% off that amount. The share price’s 52-week low was $4.14, which indicates that the recent value has risen by an impressive 11.16% since then. We note from UWM Holdings Corporation’s average daily trading volume that its 10-day average is 9.37 million shares, with the 3-month average coming to 4.40 million.
UWM Holdings Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 2.45. If we narrow it down even further, the data shows that 1 out of 12 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 7 recommended UWMC as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. UWM Holdings Corporation is expected to report earnings per share of 0.05 for the current quarter.
UWM Holdings Corporation (NYSE:UWMC) trade information
Instantly UWMC has been showing red trend so far today with a performance of -1.06% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.84 on recent trading dayincreased the stock’s daily price by 3.72%. The company’s shares are currently down -20.61% year-to-date, but still up 0.87% over the last five days. On the other hand, UWM Holdings Corporation (NYSE:UWMC) is -24.84% down in the 30-day period. We can see from the shorts that 18.77 million shares have been sold at a short interest cover period of 4.51 day(s).
The consensus price target as assigned by Wall Street analysts is $6.5, which translates to bulls needing to increase their stock price by 28.31% from its current value. Analyst projections state that UWMC is forecast to be at a low of $6.5 and a high of $6.5.
UWM Holdings Corporation (UWMC) estimates and forecasts
The year-over-year growth rate is expected to be 28.35%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 558.8M in revenue for the current quarter. 4 analysts expect UWM Holdings Corporation to make 660.25M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 569.96M and 507.09M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -1.96%. Forecasts for the next quarter put sales growth at 30.20%.
UWM Holdings Corporation earnings are expected to increase by 117.68% in 2025, but the outlook is positive 59.80% per year for the next five years.
UWMC Dividends
UWM Holdings Corporation’s next quarterly earnings report is expected to be released on 2025-Feb-25. The annual dividend yield of the stock is 8.58 percent and its annual dividend per share was 0.40. It is important to note, however, that the 8.58% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
UWM Holdings Corporation (NYSE:UWMC)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 27.10% of UWM Holdings Corporation shares, and 59.87% of them are in the hands of institutional investors. The stock currently has a share float of 82.12%. UWM Holdings Corporation stock is held by 285.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.1232% of the shares, which is about 8.61 million shares worth $59.66 million.
FMR LLC, with 8.6046% or 8.21 million shares worth $56.88 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Fidelity Puritan Trust-Fidelity Balanced Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Feb 28, 2025 . The former held 4.56 shares worth $21.3 million, making up 2.88% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 4.41 shares worth around $20.63 million, which represents about 2.79% of the total shares outstanding.
