|Bid||4.0300 x 4000|
|Ask||4.0600 x 1300|
|Day's range||3.8899 - 4.0600|
|52-week range||3.3800 - 10.9800|
|Beta (5Y monthly)||0.97|
|PE ratio (TTM)||6.10|
|Earnings date||15 Aug 2022 - 19 Aug 2022|
|Forward dividend & yield||0.40 (10.55%)|
|Ex-dividend date||17 Jun 2022|
|1y target est||4.81|
UWM Holdings Corporation (UWMC) delivered earnings and revenue surprises of 437.50% and 56.10%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
PONTIAC, Mich., May 10, 2022--UWM Holdings Corporation (NYSE: UWMC), the publicly traded indirect parent of United Wholesale Mortgage ("UWM"), the #1 wholesale mortgage lender in America, today announced its results for the first quarter ended March 31, 2022. The Company reported 1Q22 net income of $453.3 million and diluted earnings per share of $0.22. Loan origination volume for the quarter was $38.8 billion, which included $19.1 billion in purchase volume, a Q1 record for UWM. Net income for
UWM Holdings Corporation (UWMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.