UWM HoldingsUWMC
UWMC
About: UWM Holdings Corp engages in the origination, sale and servicing of residential mortgage loans. The company provides independent mortgage advisors across the states and the district of Columbia.
Employees: 6,700
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
147% more call options, than puts
Call options by funds: $27.2M | Put options by funds: $11M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
100% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 24
65% more capital invested
Capital invested by funds: $376M [Q2] → $621M (+$245M) [Q3]
57% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 53
19.2% more ownership
Funds ownership: 57.1% [Q2] → 76.29% (+19.2%) [Q3]
13% more funds holding
Funds holding: 192 [Q2] → 216 (+24) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$6.50
11%
upside
Avg. target
$7.25
23%
upside
High target
$8
36%
upside
4 analyst ratings
0 positive
0%
4 neutral
100%
0 negative
0%
Morgan Stanley James Faucette 77% 1-year accuracy 20 / 26 met price target | 11%upside $6.50 | Equal-Weight Maintained | 19 Dec 2024 |
Keefe, Bruyette & Woods Bose George 63% 1-year accuracy 22 / 35 met price target | 19%upside $7 | Market Perform Maintained | 10 Dec 2024 |
Goldman Sachs Ryan Nash 54% 1-year accuracy 15 / 28 met price target | 28%upside $7.50 | Neutral Maintained | 14 Nov 2024 |
Barclays Mark Devries 94% 1-year accuracy 29 / 31 met price target | 36%upside $8 | Equal-Weight Upgraded | 8 Oct 2024 |
Financial journalist opinion
Based on 4 articles about UWMC published over the past 30 days
Positive
Market Watch
2 days ago
Why one of the biggest U.S. mortgage lenders expects housing demand to double in 2025
Home buyers are expected to see more for-sale listings and lower mortgage rates in 2025.
Neutral
Business Wire
2 weeks ago
UWM Holdings Corporation Announces Pricing of Upsized Offering of $800 Million of 6.625% Senior Notes Due 2030
PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (“UWMC”) announced today that its direct subsidiary, UWM Holdings, LLC (“UWM Holdings”), priced its offering of $800 million aggregate principal amount of 6.625% senior notes due 2030 (the “Notes”). The aggregate principal amount of the offering was increased from the previously announced offering size of $500 million. The Notes will be guaranteed on a senior unsecured basis by UWM Holdings' wholly-owned subsidiary, United W.
Neutral
Business Wire
2 weeks ago
UWM Holdings Corporation Announces Offering of Senior Notes Due 2030
PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE: UWMC) (“UWMC”) announced today that its direct subsidiary, UWM Holdings, LLC (“UWM Holdings”), has commenced a private offering of $500 million aggregate principal amount of senior notes due 2030 (the “Notes”). The Notes will be guaranteed on a senior unsecured basis by UWM Holdings' wholly-owned subsidiary, United Wholesale Mortgage, LLC (“United Wholesale Mortgage”), and will rank pari passu in right of payment with United Whole.
Neutral
CNBC Television
3 weeks ago
United Wholesale Mortgage CEO talks mortgage refinancing demand
Mat Ishbia, United Wholesale Mortgage CEO, joins 'Closing Bell Overtime' to talk mortgage rates, refinancing demand, and more.
Neutral
Seeking Alpha
1 month ago
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.
Neutral
Zacks Investment Research
1 month 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.
Negative
Zacks Investment Research
1 month 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.
Neutral
Business Wire
1 month ago
UWM Holdings Corporation Announces Third 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 third quarter ended September 30, 2024. Total loan origination volume for the third quarter 2024 was $39.5 billion, of which $26.2 billion was purchase volume. The Company reported 3Q24 net income of $31.9 million, inclusive of a $446.1 million decline in fair value of MSRs and a $226.9 million gain.
Neutral
Business Wire
1 month ago
UWM Holdings Corporation Announces 3Q 2024 Earnings Conference Call
PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (NYSE:UWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), the #1 overall mortgage lender, wholesale and purchase mortgage lender in the U.S., will announce its third quarter 2024 results on Thursday, November 7, 2024. A press release with financial highlights will be available on the company's investor relations website https://investors.uwm.com in the earnings release section. UWM will host a conference call f.
Positive
Seeking Alpha
2 months 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.
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