UWM Holdings Corporation (NYSE: UWMC) Hogging The Spotlight Today

Currently, there are 93.65M common shares owned by the public and among those 85.43M shares have been available to trade.

The company’s stock has a 5-day price change of -19.25% and -16.08% over the past three months. UWMC shares are trading -16.08% year to date (YTD), with the 12-month market performance up to 22.70% higher. It has a 12-month low price of $4.49 and touched a high of $7.75 over the same period. UWMC has an average intraday trading volume of 1.47 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -13.03%, -11.65%, and -0.37% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of UWM Holdings Corporation (NYSE: UWMC) shares accounts for 48.81% of the company’s 93.65M shares outstanding.

It has a market capitalization of $567.06M and a beta (3y monthly) value of 1.66. The earnings-per-share (ttm) stands at -$0.33. The company has a debt-to-equity ratio at 77.55. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.77% over the week and 4.23% over the month.

Analysts forecast that UWM Holdings Corporation (UWMC) will achieve an EPS of $0.05 for the current quarter, $0.08 for the next quarter and $0.42 for 2025. The lowest estimate earnings-per-share for the quarter is $0.03 while analysts give the company a high EPS estimate of $0.13. Comparatively, EPS for the current quarter was -$0.07 a year ago. Earnings per share for the fiscal year are expected to increase by 878.61%, and 34.43% over the next financial year. EPS should grow at an annualized rate of -8.56% over the next five years, compared to -277.33% over the past 5-year period.

Keefe Bruyette coverage for the UWM Holdings Corporation (UWMC) stock in a research note released on January 10, 2024 offered a Underperform rating with a price target of $6. UBS was of a view on December 06, 2023 that the stock is Sell, while Barclays gave the stock Underweight rating on November 15, 2023, issuing a price target of $4. BTIG Research on their part issued Buy rating on October 05, 2023.

Most Popular

Related Posts