Financial Services - Financial - Mortgages - NYSE - US
$ 5.83
1.57 %
$ 9.44 B
Market Cap
-25.35
P/E
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.[ Read More ]
The intrinsic value of one UWMC stock under the base case scenario is HIDDEN Compared to the current market price of 5.83 USD, UWM Holdings Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart UWMC
FINANCIALS
2.17 B
REVENUE
1.09 B
OPERATING INCOME
-13.2 M
NET INCOME
165 M
OPERATING CASH FLOW
1.83 B
INVESTING CASH FLOW
-2.2 B
FINANCING CASH FLOW
526 M
REVENUE
450 M
OPERATING INCOME
31.9 M
NET INCOME
0
OPERATING CASH FLOW
0
INVESTING CASH FLOW
0
FINANCING CASH FLOW
Balance Sheet Decomposition
UWM Holdings Corporation
| Current Assets | 1.87 B |
| Cash & Short-Term Investments | 497 M |
| Receivables | 1.37 B |
| Other Current Assets | 0 |
| Non-Current Assets | 4.56 B |
| Long-Term Investments | 143 M |
| PP&E | 275 M |
| Other Non-Current Assets | 4.14 B |
| Current Liabilities | 0 |
| Accounts Payable | 168 M |
| Short-Term Debt | 1.66 B |
| Other Current Liabilities | -1.83 B |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 7.07 B |
| Other Non-Current Liabilities | -7.07 B |
EFFICIENCY
Earnings Waterfall
UWM Holdings Corporation
| Revenue | 2.17 B |
| Cost Of Revenue | 282 M |
| Gross Profit | 1.88 B |
| Operating Expenses | 917 M |
| Operating Income | 1.09 B |
| Other Expenses | 1.11 B |
| Net Income | -13.2 M |
RATIOS
86.97%
GROSS MARGIN
50.43%
OPERATING MARGIN
-0.61%
NET MARGIN
-11.75%
ROE
-0.11%
ROA
11.47%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
UWM Holdings Corporation
| Net Income | -13.2 M |
| Depreciation & Amortization | 50.1 M |
| Capital Expenditures | -26.4 M |
| Stock-Based Compensation | 13.8 M |
| Change in Working Capital | 1.54 B |
| Others | 115 M |
| Free Cash Flow | 139 M |
Wall Street Analysts Price Targets
UWM Holdings Corporation
Wall Street analysts predict an average 1-year price target for UWMC of $7.83 , with forecasts ranging from a low of $5 to a high of $10 .
UWMC Lowest Price Target
Wall Street Target
5 USD
-14.24%
UWMC Average Price Target
Wall Street Target
7.83 USD
34.36%
UWMC Highest Price Target
Wall Street Target
10 USD
71.53%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0.1 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
UWM Holdings Corporation
Sold
0-3 MONTHS
147 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 month ago
Oct 10, 2024
|
Sell 0 USD
|
Mat Ishbia
President and CEO |
- 15763086
|
0 USD |
|
1 month ago
Oct 01, 2024
|
Sell 0 USD
|
Mat Ishbia
President and CEO |
- 18644798
|
0 USD |
|
2 months ago
Sep 16, 2024
|
Sell 10.1 M USD
|
Mat Ishbia
President and CEO |
- 1200000
|
8.45 USD |
|
2 months ago
Sep 13, 2024
|
Sell 91.6 M USD
|
Mat Ishbia
President and CEO |
- 10842012
|
8.45 USD |
|
2 months ago
Aug 30, 2024
|
Sell 45.6 M USD
|
Mat Ishbia
President and CEO |
- 5000000
|
9.11 USD |
|
1 year ago
Sep 13, 2023
|
Bought 208 K USD
|
Verdun Robert
Director |
+ 40000
|
5.2 USD |
|
1 year ago
Nov 21, 2022
|
Bought 9.99 K USD
|
Czubak Kelly
Director |
+ 2439
|
4.095 USD |
|
2 years ago
May 12, 2022
|
Bought 1.01 M USD
|
Elezaj Alex
EVP, Chief Strategy Officer |
+ 277778
|
3.6362 USD |
|
2 years ago
Feb 02, 2022
|
Sell 34 K USD
|
Wilner Melinda
EVP, COO |
- 7135
|
4.765 USD |
|
2 years ago
Feb 02, 2022
|
Sell 30.2 K USD
|
Forrester Tim
EVP, CFO |
- 6342
|
4.766 USD |
|
2 years ago
Feb 02, 2022
|
Sell 28.8 K USD
|
Lawson Laura
EVP, Chief People Officer |
- 6035
|
4.766 USD |
|
2 years ago
Feb 02, 2022
|
Sell 7.56 K USD
|
Elezaj Alex
EVP, Chief Strategy Officer |
- 1575
|
4.798 USD |
|
2 years ago
Feb 02, 2022
|
Sell 1.71 K USD
|
Hubacker Andrew
SVP, CAO |
- 355
|
4.812 USD |
|
3 years ago
Jun 08, 2021
|
Bought 229 K USD
|
Verdun Robert
Director |
+ 25000
|
9.15 USD |
|
3 years ago
Jun 07, 2021
|
Bought 228 K USD
|
Verdun Robert
Director |
+ 25000
|
9.1 USD |
|
3 years ago
Mar 01, 2021
|
Bought 478 K USD
|
Verdun Robert
Director |
+ 60000
|
7.967 USD |
7. News
UWM Holdings Corporation (UWMC) Q3 2024 Earnings Call Transcript
UWM Holdings Corporation (NYSE:UWMC ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Blake Kolo - Chief Business Officer & Head, Investor Relations Mathew Ishbia - Chairman & Chief Executive Officer Andrew Hubacker - Chief Financial Officer Conference Call Participants Derek Sommers – Jefferies Bose George – KBW Eric Hagen – BTIG Jeffrey Adelson - Morgan Stanley Terry Ma – Barclays Brad Capuzzi - Piper Sandler Doug Harter – UBS Douglas Harter – UBS Jordan Jay - Philly Financial Operator Good morning. My name is Christina and I will be your conference operator today.
seekingalpha.com
- 1 week ago
UWM (UWMC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for UWM (UWMC) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 1 week ago
UWM Holdings Corporation (UWMC) Q3 Earnings Lag Estimates
UWM Holdings Corporation (UWMC) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.29 per share a year ago.
zacks.com
- 1 week ago
UWM Holdings: Paving The Path To Success In The Mortgage Lending Industry
UWMC is outpacing the S&P 500 with a 22% return YTD in 2024, positioning its share price to move higher with the next rate cut cycle. UWM's ability to excel in both purchase and refinance markets has fueled its growth, demonstrating resilience through the rate cycle and aligning itself for an oncoming refinancing & purchasing surge. While bullish on UWM's long-term, housing market softening, recession indicators, and the company's elevated payout ratio need improvement to ensure sustainable profitability for the company.
seekingalpha.com
- 1 month ago
HELOC demand from homeowners surging as Fed cuts interest rates
Mortgage lenders are reporting an uptick in interest from homeowners looking for ways to extract equity from their houses through home-equity lines of credit as mortgage rates are poised to fall.
marketwatch.com
- 1 month ago
Mark Cuban Foundation and United Wholesale Mortgage Bring Free AI Bootcamp to Pontiac Teens
PONTIAC, Mich., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp hosted by United Wholesale Mortgage (UWM) in Pontiac, Applications for the no-cost bootcamp are closing September 30.
globenewswire.com
- 1 month ago
Wedbush Just Raised its Price Target on These 7 Stocks: August 12, 2024
Investment bank Wedbush may be best-known for its sell-side coverage of high-profile tech stocks like Tesla (NASDAQ: TSLA ), but taking a look at the new Wedbush price targets, you'll find that the EV maker is not on this list. Neither are many of the other well-known names in tech.
investorplace.com
- 3 months ago
UWM Holdings Corporation (UWMC) Q2 2024 Earnings Call Transcript
UWM Holdings Corporation (NYSE:UWMC ) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Blake Kolo - Chief Business Officer & Head, Investor Relations Mat Ishbia - Chairman & Chief Executive Officer Andrew Hubacker - Chief Financial Officer Conference Call Participants Bose George - KBW Derek Summers - Jefferies Doug Harter - UBS Brad Capuzzi - Piper Sandler Eric Hagen - BTIG Mark DeVries - Deutsche Bank Terry Ma - Barclays Ryan Shelley - Bank of America Operator Ladies and gentlemen, good morning. My name is Abbie and I will be your conference operator today.
seekingalpha.com
- 3 months ago
UWM (UWMC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for UWM (UWMC) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 3 months ago
UWM Holdings Corporation (UWMC) Misses Q2 Earnings and Revenue Estimates
UWM Holdings Corporation (UWMC) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.11 per share a year ago.
zacks.com
- 3 months ago
UWM Holdings Corporation Announces Second Quarter 2024 Results
PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results for the second quarter ended June 30, 2024. Total loan origination volume for the second quarter 2024 was $33.6 billion, of which $27.2 billion was purchase volume. The Company reported 2Q24 net income of $76.3 million, inclusive of a $115.3 million decline in fair value of MSRs, net, and diluted earnings pe.
businesswire.com
- 3 months ago
Analysts Estimate UWM Holdings Corporation (UWMC) to Report a Decline in Earnings: What to Look Out for
UWM (UWMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 3 months ago
8. Profile Summary
UWM Holdings Corporation UWMC
COUNTRY
US
INDUSTRY
Financial - Mortgages
MARKET CAP
$ 9.44 B
Dividend Yield
0.00%
Description
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.
Contact
585 South Boulevard East, Pontiac, MI, 48341
https://www.uwm.com
IPO Date
May 1, 2020
Employees
6700
Officers
Ms. Melinda Wilner
Executive Vice President, Chief Operating Officer & Director
Mr. Jeff Midbo
Senior Vice President & Chief Compliance Officer
Ms. Sarah DeCiantis
Chief Marketing Officer
Ms. Kirstin A. Hammond
Executive Vice President & Head of Capital Markets
Mr. Blake Kolo CFE, CFF, CPA, CVA
Chief Business Officer & Head of Investor Relations
Mr. Alex Elezaj
Executive Vice President, Chief Strategy Officer & Director
Ms. Laura Lawson
Executive Vice President, Chief People Officer & Director
Mr. Allen Beydoun
Executive Vice President of Sales
Mr. Mathew R. Ishbia
Chairman, President & Chief Executive Officer
Mr. Jason Bressler
Chief Technology Officer