UWM Holdings Corporation with ticker code (UWMC) now have 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between $8.50 and $4.50 calculating the mean target price we have $6.60. Given that the stocks previous close was at $7.10 this indicates there is a potential downside of -7.0%. It’s also worth noting that there is a 50 day moving average of $6.66 and the 200 day MA is $6.12. The company has a market capitalization of 11.10B. The stock price is currently at: $6.95 USD
The potential market cap would be $10,321,718,806 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 86.88, revenue per share of $24.06 and a 3.18% return on assets.
UWM Holdings Corporation is a residential mortgage lender in the United States. The Company operates as a wholesale mortgage lender and only originates, underwrites and closes mortgage loans arranged by an independent mortgage broker. It only focused on the wholesale channel. The Company is focused on propelling the wholesale mortgage broker channel forward. It provides independent mortgage brokers with a range of product offerings to address market conditions and bring awareness to the broker channel overall and the value that this channel provides to consumers. It originates primarily conforming and government loans across all 50 states and the District of Columbia. It has relationships with approximately 12,000 independent broker businesses throughout the United States, with over 45,000 associated loan officers, of which approximately 33,000 have submitted a loan to the Company.
