UWM Holdings Corporation with ticker code (UWMC) now have 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $10.00 and $4.50 and has a mean share price target at $7.55. (at the time of writing). Given that the stocks previous close was at $8.41 this would imply there is a potential downside of -10.2%. Also worth taking note is the 50 day moving average now sits at $7.58 and the 200 day moving average is $6.75. The market capitalization for the company is 13.18B. The stock price is currently at: $8.25 USD
The potential market cap would be $11,832,995,974 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 275, revenue per share of $24.55 and a 2.33% 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.
