Currently, there are 157.91M common shares owned by the public and among those 114.78M shares have been available to trade.
The company’s stock has a 5-day price change of -1.38% and -24.60% over the past three months. UWMC shares are trading -2.90% year to date (YTD), with the 12-month market performance down to -13.11% lower. It has a 12-month low price of $5.44 and touched a high of $9.74 over the same period. UWMC has an average intraday trading volume of 3.23 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 -3.81%, -7.46%, and -21.40% respectively.
Institutional ownership of UWM Holdings Corporation (NYSE: UWMC) shares accounts for 43.26% of the company’s 157.91M shares outstanding.
It has a market capitalization of $9.32B and a beta (3y monthly) value of 1.71. The earnings-per-share (ttm) stands at -$0.23. The company has a debt-to-equity ratio at 101.47. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.95% over the week and 4.46% over the month.
Earnings per share for the fiscal year are expected to increase by 568.97%, and 128.38% 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.
Looking at the support for the UWMC, a number of firms have released research notes about the stock. Morgan Stanley stated their Equal-Weight rating for the stock in a research note on November 05, 2024, with the firm’s price target at $6-$7.50. Barclays coverage for the UWM Holdings Corporation (UWMC) stock in a research note released on October 08, 2024 offered a Equal Weight rating with a price target of $8. Keefe Bruyette on their part issued Underperform rating on January 10, 2024.
