Wedbush Issues Negative Forecast for UWM Earnings

UWM Holdings Co. (NYSE:UWMC) – Stock analysts at Wedbush lowered their Q1 2025 earnings per share (EPS) estimates for shares of UWM in a research note issued to investors on Monday, March 3rd. Wedbush analyst J. Mccanless now anticipates that the company will earn $0.07 per share for the quarter, down from their prior estimate of $0.09. Wedbush currently has a “Neutral” rating and a $6.50 target price on the stock. The consensus estimate for UWM’s current full-year earnings is $0.20 per share. Wedbush also issued estimates for UWM’s Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.10 EPS, FY2025 earnings at $0.34 EPS and FY2026 earnings at $0.64 EPS.

UWM (NYSE:UWMC) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.06). The company had revenue of $560.21 million during the quarter, compared to analysts’ expectations of $645.75 million.

Several other brokerages also recently weighed in on UWMC. Morgan Stanley lowered their target price on UWM from $7.50 to $6.50 and set an “equal weight” rating on the stock in a research note on Thursday, December 19th. Keefe, Bruyette & Woods upgraded UWM from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $6.50 to $7.50 in a research note on Monday. Finally, The Goldman Sachs Group lowered their target price on UWM from $8.50 to $7.50 and set a “neutral” rating on the stock in a research note on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $7.25.

UWM Trading Up 4.8 %

Shares of UWMC stock opened at $6.58 on Tuesday. The business’s 50 day moving average is $6.09 and its two-hundred day moving average is $6.94. UWM has a twelve month low of $5.31 and a twelve month high of $9.74. The company has a market capitalization of $10.52 billion, a P/E ratio of -28.61 and a beta of 1.66. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 1.06.

Institutional Trading of UWM

Several hedge funds have recently modified their holdings of UWMC. First Trust Advisors LP lifted its holdings in shares of UWM by 886.9% in the 4th quarter. First Trust Advisors LP now owns 3,727,477 shares of the company’s stock valued at $21,880,000 after buying an additional 3,349,779 shares during the period. Vanguard Group Inc. raised its holdings in UWM by 37.6% during the fourth quarter. Vanguard Group Inc. now owns 11,764,910 shares of the company’s stock worth $69,060,000 after purchasing an additional 3,212,081 shares during the last quarter. Philadelphia Financial Management of San Francisco LLC acquired a new position in UWM during the third quarter worth $21,797,000. FMR LLC raised its holdings in UWM by 24.5% during the third quarter. FMR LLC now owns 10,218,728 shares of the company’s stock worth $87,064,000 after purchasing an additional 2,010,985 shares during the last quarter. Finally, Basswood Capital Management L.L.C. acquired a new position in UWM during the fourth quarter worth $6,602,000. 53.59% of the stock is owned by institutional investors and hedge funds.

UWM Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 20th will be issued a $0.10 dividend. The ex-dividend date is Thursday, March 20th. This represents a $0.40 annualized dividend and a dividend yield of 6.08%. UWM’s dividend payout ratio is currently 500.00%.

About UWM

UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company offers mortgage loans through wholesale channel. It originates primarily conforming and government loans. UWM Holdings Corporation was founded in 1986 and is headquartered in Pontiac, Michigan.