UWM Holdings Corporation

UWMC

US91823B1098

Consumer Lending

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
6.39 ^USD	0.00%		+3.90%	-10.63%

Apr. 10	North American Morning Briefing : Traders Await -2-	DJ
Feb. 28	Transcript : UWM Holdings Corporation, Q4 2023 Earnings Call, Feb 28, 2024

UWM Holdings Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 28, 2024 at 09:00 am EST

UWM Holdings Corporation reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported negative revenue was USD 114.58 million compared to revenue of USD 302.43 million a year ago. Net loss was USD 27.08 million compared to USD 0.277 million a year ago.

Basic loss per share from continuing operations was USD 0.29. Diluted loss per share from continuing operations was USD 0.29 compared to USD 0.03 a year ago.

Latest news about UWM Holdings Corporation

North American Morning Briefing : Traders Await -2-	Apr. 10	DJ
Transcript : UWM Holdings Corporation, Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
UWM Holdings' Shares Fall After Company Posts Wider Q4 Loss	Feb. 28	MT
UWM Holdings Corporation Declares Cash Dividend, Payable on April 11, 2024	Feb. 28	CI
UWM Holdings Corporation Provides Production Guidance for the First Quarter 2024	Feb. 28	CI
UWM Holdings Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
UWM Holdings Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 28	CI
Deutsche Bank Initiates UWM Holdings at Hold Rating With $6 Price target	Jan. 10	MT
UBS Downgrades UWM Holdings to Sell From Neutral, Cuts Price Target to $4 From $6	Dec. 06	MT
Transcript : UWM Holdings Corporation, Q3 2023 Earnings Call, Nov 08, 2023	Nov. 08
Earnings Flash (UWMC) UWM HOLDINGS CORPORATION Reports Q3 Revenue $677.1M, vs. Street Est of $517.1M	Nov. 08	MT
Earnings Flash (UWMC) UWM HOLDINGS CORPORATION Posts Q3 EPS $0.15, vs. Street Est of $0.08	Nov. 08	MT
UWM Holdings Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 08	CI
UWM Holdings Corporation Provides Production Guidance for the Fourth Quarter and Full Year of 2023	Nov. 08	CI
UWM Holdings Corporation Declares Cash Dividend on Class A Common Stock, Payable on January 11, 2024	Nov. 08	CI
North American Morning Briefing : Stock Futures -2-	Nov. 08	DJ
North American Morning Briefing : Investors Await -2-	23-10-06	DJ
UWM Shares Rise After BTIG Upgrade	23-10-05	MT
BTIG Upgrades UWM Holdings to Buy From Neutral, Price Target is $6	23-10-05	MT
Goldman Sachs Trims Price Target on UWM Holdings to $5.50 From $6.50, Maintains Neutral Rating	23-10-03	MT
UWM Holdings Insider Bought Shares Worth $208,000, According to a Recent SEC Filing	23-09-14	MT
UBS Adjusts UWM Holdings Price Target to $6 From $4.50, Maintains Neutral Rating	23-08-30	MT
Sime Darby, UMW Shares Gain on Potential M&A	23-08-24	DJ
Morgan Stanley Raises Price Target on UWM Holdings to $6 From $5, Keeps Equalweight Rating	23-08-10	MT
Goldman Sachs Adjusts Price Target on UWM to $6.75 From $6, Maintains Neutral Rating	23-08-10	MT

Chart UWM Holdings Corporation

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Company Profile

UWM Holdings Corporation is a residential mortgage lender in the United States, by closed loan volume, despite originating loans through the wholesale channel. It originates primarily conforming and government loans across all 50 states and the District of Columbia. The Company is focused on the wholesale channel and has resulted in relationships with over 13,000 independent broker businesses throughout the United States, with over 53,000 associated loan officers, of which approximately 35,000 have submitted a loan to the Company. It also focuses primarily on originating conventional, agency-eligible loans that can be sold to Fannie Mae, Freddie Mac or transferred to Ginnie Mae pools for sale in the secondary market. Utilizing its proprietary system, Easiest Application System Ever (EASE), it is focused on client service, and loan quality throughout the entire loan origination, underwriting and closing processes.

Sector

Consumer Lending

Calendar

2024-05-06 - Q1 2024 Earnings Release (Projected)

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Ratings for UWM Holdings Corporation

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

6.39 USD

Average target price

6.25 USD

Spread / Average Target

-2.19%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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