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UWM Holdings ( NYSE: UWMC ) managed to deliver a Q1 earnings earnings beat even as mortgage originations declined from the previous quarter and the year-ago period with the increase in rising interest rates. UWMC stock rose 1.7% in Tuesday premarket trading. The parent o...
UWM Holdings press release ( NYSE: UWMC ): Q2 Non-GAAP EPS of $0.10 beats by $0.05 . Revenue of $564.23M (+16.4% Y/Y) beats by $64.45M . Loan origination volume for the quarter was $29.9B, which included $22.4B in purchase volume. We anticipate third quarte...
$215.4 million in 2Q22 Net Income; Second Quarter Loan Origination Volume of $29.9 billion, including Purchase Volume of $22.4 billion UWM Holdings Corporation ( NYSE: UWMC ) , the publicly traded indirect parent of United Wholesale Mortgage (“...
UWM Holdings ( NYSE: UWMC ) is scheduled to announce Q2 earnings results on Tuesday, August 9th, before market open. The consensus EPS Estimate is $0.05 (-28.6% Y/Y) and the consensus Revenue Estimate is $499.78M (+3.1% Y/Y). Over the last 3 months, EPS estimates have ...
UWM Holdings Corporation ( NYSE:UWMC ), the publicly traded indirect parent of United Wholesale Mortgage (UWM), #1 wholesale and purchase mortgage lender in the U.S., will announce its second quarter 2022 financial results on Tuesday, August 9, 2022. A press release with financi...
UWM to celebrate National Mortgage Brokers Day by ringing the closing bell at NYSE with mortgage brokers from across America for the second year in a row United Wholesale Mortgage ( NYSE:UWMC ), the #1 wholesale and purchase lender in America, announced it is bringin...
For further details see: Financials stocks dropped with broader market in H1, while insurers climbed
In the week that the Federal Reserve made its biggest rate hike in almost 30 years, two mortgage companies and two large private equity firms are among the financial stocks that declined the most. Shares in Rocket Companies (RKT), which runs Rocket Mortgage, fell the most in the week ended Ju...
UWM Holdings (NYSE:UWMC) stock is sliding 4.7% in Thursday premarket trading after Piper Sandler analyst Kevin Barker downgraded the wholesale mortgage company to Underweight as he expects it will be difficult for the company to generate earnings that exceed its current dividend rate. De...
One of the biggest economic stories over the past six months has been the outsized growth of inflation after a long slumber. This has caused the Federal Reserve to raise the Federal Funds rate in order to slow the economy and get inflation back under control. The mortgage banking se...
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UWM Holdings Corporation ( NYSE:UWMC ), the publicly traded indirect parent of United Wholesale Mortgage (UWM), the #1 overall mortgage lender, wholesale and purchase mortgage lender in the U.S., will announce its second quarter 2024 results on Tuesday August 6, 2024. A press release with...
2024-07-09 07:15:06 ET Barclays analyst issues UNDERWEIGHT recommendation for UWMC on July 9, 2024 05:52AM ET. The previous analyst recommendation was Underweight. UWMC was trading at $6.62 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...
2024-07-09 07:00:08 ET Terry Ma from Barclays issued a price target of $6.00 for UWMC on 2024-07-09 05:52:00. The adjusted price target was set to $6.00. At the time of the announcement, UWMC was trading at $6.62. The overall price target consensus is at $7.00 with high ...