UWM (UWMC) Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for UWM in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" UWMC shares.
View UWMC analyst ratings or view top-rated stocks.

9 Wall Street analysts have issued 1 year price targets for UWM's stock. Their UWMC share price forecasts range from $4.00 to $7.00. On average, they anticipate the company's share price to reach $5.67 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price.
View analysts price targets for UWMC or view top-rated stocks among Wall Street analysts.

UWM's stock was trading at $3.31 at the start of the year. Since then, UWMC shares have increased by 42.6% and is now trading at $4.72.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our UWMC earnings forecast.

UWM Holdings Co. (NYSE:UWMC) announced its quarterly earnings results on Wednesday, August, 9th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.05 by $0.06. The business had revenue of $587.52 million for the quarter, compared to the consensus estimate of $509.01 million. UWM had a trailing twelve-month return on equity of 14.77% and a net margin of 0.41%.

UWM declared a quarterly dividend on Wednesday, August 9th. Shareholders of record on Wednesday, September 20th will be paid a dividend of $0.10 per share on Wednesday, October 11th. This represents a $0.40 dividend on an annualized basis and a yield of 8.47%. The ex-dividend date of this dividend is Tuesday, September 19th.
Read our dividend analysis for UWMC.

ETFs with the largest weight of UWM (NYSE:UWMC) stock in their portfolio include Invesco Dorsey Wright Financial Momentum ETF (PFI), First Trust Dow Jones Select Microcap Index Fund (FDM), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), AB US High Dividend ETF (HIDV) and Global X PropTech ETF (PTEC).

UWM (NYSE:UWMC) pays an annual dividend of $0.40 per share and currently has a dividend yield of 8.25%. UWMC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 800.16%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, UWMC will have a dividend payout ratio of 108.11% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for UWMC.

UWM trades on the New York Stock Exchange (NYSE) under the ticker symbol "UWMC."

Shares of UWMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of UWMC stock can currently be purchased for approximately $4.72.

UWM (NYSE:UWMC) has a market capitalization of $439.48 million and generates $2.37 billion in revenue each year. The company earns $41.72 million in net income (profit) each year or $0.05 on an earnings per share basis.

The company employs 6,000 workers across the globe.

UWM's mailing address is 585 South Boulevard E., Pontiac MI, 48341. The official website for the company is www.uwm.com. The company can be reached via phone at 800-981-8898, via email at investorrelations@uwm.com, or via fax at 310-209-3310.