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Wednesday, February 1, 2023

UWM Holdings Corporation (NYSE: UWMC) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for UWM Holdings Corporation (UWMC) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -0.55%, to $3.64. The UWM Holdings Corporation has recorded 1,273 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that UWM Holdings Corporation Announces Third Quarter 2022 Results.


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Stocks Info

The company is listed on the NYSE and operates within the Mortgage Finance industry segment. At the end of the last regular session, the stock closed at $3.66 and fluctuated between $3.7000 as its day high and $3.5400 as its day low. The current market capitalization of UWM Holdings Corporation is $5.97B. A total of 0.87 million shares were traded on the day, compared to an average of 1.22M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, UWMC has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 2,439 and the disposition of 0 shares. Over the last 12 months, there were 11 BUYs and 5 SELLs from insiders. Insiders purchased 351,282 shares during that period but sold 21,442.

In the most recent transaction, Czubak Kelly bought 2,439 shares of UWMC for 4.09 per share on Nov 21. After the transaction, the Director now owns 5,316 company shares. In a previous transaction on May 12, Elezaj Alex bought 277,778 shares at 3.64 per share. UWMC shares that EVP, Chief Strategy Officer owns now total 280,658.

Among the insiders who sold shares, Wilner Melinda disposed of 7,135 shares on Feb 02 at a per-share price of $4.76. This resulted in the EVP, COO holding 13,912 shares of UWMC after the transaction. In another insider transaction, Lawson Laura sold 6,035 shares at $4.77 per share on Feb 02. Company shares held by the EVP, Chief People Officer now total 14,012.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. UWM Holdings Corporation pays an annual dividend of $0.40, resulting in a dividend yield of 10.93%, and it has a price to earnings (P/E) ratio of 6.69. UWMC’s most recent ex-dividend date was 12/8/2022 when it declared a $0.10 quarterly dividend that was paid in cash on 1/10/2023. Previously, the company paid the dividend on 10/10/2022 with an ex-dividend date of 9/19/2022. The UWMC stock dividend was $0.10 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for UWMC in the last 3 months, the mean price target is $3.53 with high estimates of $4.00 and low estimates of $3.00. In terms of 52-week highs and lows, UWMC has a high of $6.09 and a low of $2.84.

As of this writing, UWMC has an earnings estimate of -$0.03 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.01 per share and a lower estimate of -$0.05. The company reported an EPS of $0.22 in the last quarter, which was 214.30% higher than expectations of $0.07.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 11 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for UWMC is Hold with a score of 2.91. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 7 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 4 thought it should be Sold.

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