UWM Holdings Corporation (UWMC): Why Is Reddit’s WallStreetBets Buying This Stock Now? (2024)

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UWM Holdings Corporation (UWMC): Why Is Reddit’s WallStreetBets Buying This Stock Now? (2024)

FAQs

Is UWM a good stock to buy? ›

UWMC Stock Forecast FAQ

Currently there's no upside potential for UWMC, based on the analysts' average price target. Is UWMC a Buy, Sell or Hold? UWM Holding has a consensus rating of Hold which is based on 1 buy ratings, 3 hold ratings and 1 sell ratings.

Will UWMC stock go up? ›

If you are looking for stocks with good return, UWM Holdings Corporation - Class A can be a profitable investment option. UWM Holdings Corporation - Class A quote is equal to 8.090 USD at 2024-07-26. Based on our forecasts, a long-term increase is expected, the "UWMC" stock price prognosis for 2029-07-13 is 17.950 USD.

What is the price target for UWM Holdings? ›

Stock Price Targets
High$9.50
Median$7.00
Low$4.50
Average$6.80
Current Price$7.92

Who owns UWMC stock? ›

Largest shareholders include Vanguard Group Inc, Fmr Llc, Platinum Equity Llc, BlackRock Inc., Northern Trust Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, NAESX - Vanguard Small-Cap Index Fund Investor Shares, FBALX - Fidelity Balanced Fund, STFGX - State Farm Growth Fund, and Fidelity Central ...

How often does UWM pay dividends? ›

UWM Holdings Corporation ( UWMC ) pays dividends on a quarterly basis.

How many brokers use UWM? ›

On April 2, Hunterbrook Media reported that over 8,600 loan officers at independent brokerages sent UWM more than 99% of their mortgages in 2023, more than double the number of partners sending 99% of their loans to the lender in 2020.

How many shares of UWMC are there? ›

Share Statistics

UWM Holdings has 93.61 million shares outstanding.

What is the stock price forecast for UWMC in 2030? ›

In 2030, the UWM Holdings Corporation stock will reach $ 12.60 if it maintains its current 10-year average growth rate. If this UWM Holdings Corporation stock prediction for 2030 materializes, UWMC stock will grow 59.88% from its current price.

What is UWMC debt to equity ratio? ›

Compare UWMC With Other Stocks
UWM Holdings Debt/Equity Ratio Historical Data
DateLong Term DebtDebt to Equity Ratio
2021-06-30$14.16B5.27
2021-03-31$7.60B2.73
2020-12-31$9.12B3.84
16 more rows

What does UWM holdings do? ›

UWM Holdings Corporation is a residential mortgage lender in the United States, by closed loan volume, despite originating loans through the wholesale channel. It originates primarily conforming and government loans across all 50 states and the District of Columbia.

Is UWM a brokerage? ›

Instead of offering mortgages directly to consumers, UWM works exclusively with brokers to help them provide more home loan options than banks or retail lenders can offer. A better mortgage company is about more than our partnerships. It's also about our people.

What is the target stock price goal? ›

The average price target for Target is $176.76. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $209.00 ,the lowest forecast is $116.00.

Who is the owner of UWMC? ›

Discover Mat Ishbia's full biography, and how he led his team to become the #1 overall lender in the nation. Mat Ishbia is the President and CEO of United Wholesale Mortgage.

How much cash does UWMC have? ›

Cash on Hand as of September 2022 : $0.79 B

According to UWM Holdings 's latest financial reports the company has $0.79 B in cash and cash equivalents.

Who did United Wholesale Mortgage merge with? ›

In 2018, UWM settled a lawsuit from account executives who claimed they were not paid overtime while working for the company. United Wholesale Mortgage went public in January 2021 through a merger with Gores Holdings IV, and the formation of a special-purpose acquisition company.

Is it good to invest in United Breweries? ›

According to analyst recommendations, United Breweries Ltd Share has a "Buy" rating for the long term.

Is United Natural Foods stock a good buy? ›

United Natural Foods has 10.88% upside potential, based on the analysts' average price target. United Natural Foods has a consensus rating of Hold which is based on 0 buy ratings, 6 hold ratings and 1 sell ratings. The average price target for United Natural Foods is $14.17.

Is United Parcel Service a good stock to buy? ›

Out of 18 analysts, 7 (38.89%) are recommending UPS as a Strong Buy, 2 (11.11%) are recommending UPS as a Buy, 8 (44.44%) are recommending UPS as a Hold, 0 (0%) are recommending UPS as a Sell, and 1 (5.56%) are recommending UPS as a Strong Sell.

Is United Utilities a buy or sell? ›

United Utilities's analyst rating consensus is a Moderate Buy. This is based on the ratings of 6 Wall Streets Analysts.

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