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UWM Holdings: 6.5% Dividend While Waiting For Refinancing Boom
Seeking Alpha· 2025-01-26 19:50
UWM Holdings Corporation (NYSE: UWMC ) is the largest home mortgage lender in the U.S. It operates exclusively through the wholesale channel, which allows it to leverage an independent network of independent mortgage brokers and thusIndependent banking research focuses on financials, deep value, special situations, and financial arbitrage. Agnostic and apolitical approach for scouring the earth for durable and uncorrelated cashflows that work well in both inflationary and deflationary settings.See my tipran ...
UWM (UWMC) - 2024 Q3 - Quarterly Report
2024-11-07 20:15
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number 001-39189 UWM HOLDINGS CORPORATION (Exact name of registrant as specified in i ...
UWM (UWMC) - 2024 Q3 - Earnings Call Transcript
2024-11-07 16:53
UWM Holdings Corporation (NYSE:UWMC) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Blake Kolo - Chief Business Officer & Head, Investor Relations Mathew Ishbia - Chairman & Chief Executive Officer Andrew Hubacker - Chief Financial Officer Conference Call Participants Derek Sommers – Jefferies Bose George – KBW Eric Hagen – BTIG Jeffrey Adelson - Morgan Stanley Terry Ma – Barclays Brad Capuzzi - Piper Sandler Doug Harter – UBS Douglas Harter – UBS Jordan Jay - Philly Fina ...
UWM (UWMC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-07 16:00
UWM Holdings Corporation (UWMC) reported $526.43 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 22.3%. EPS of $0.01 for the same period compares to $0.29 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $517.02 million, representing a surprise of +1.82%. The company delivered an EPS surprise of -87.50%, with the consensus EPS estimate being $0.08.While investors closely watch year-over-year changes in headline numbers -- revenue a ...
UWM Holdings Corporation (UWMC) Q3 Earnings Lag Estimates
ZACKS· 2024-11-07 15:40
UWM Holdings Corporation (UWMC) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -87.50%. A quarter ago, it was expected that this company would post earnings of $0.06 per share when it actually produced earnings of $0.04, delivering a surprise of -33.33%.Over the last four quarters, t ...
UWM (UWMC) - 2024 Q3 - Quarterly Results
2024-11-07 13:50
Exhibit 99.1 UWM Holdings Corporation Announces Third Quarter 2024 Results Third Quarter Net Income of $31.9 Million. Loan Origination Volume of $39.5 Billion, Including Purchase Volume of $26.2 Billion. PONTIAC, MI, November 7, 2024 - UWM Holdings Corporation (NYSE: UWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage ("UWM"), today announced its results for the third quarter ended September 30, 2024. Total loan origination volume for the third quarter 2024 was $39.5 bill ...
UWM Holdings: Paving The Path To Success In The Mortgage Lending Industry
Seeking Alpha· 2024-10-01 05:51
In January this year I wrote an article on UWM Holdings Corporation (NYSE: UWMC ) UWM Holdings: Poised For Continued Dominance In 2024 Despite Cyclical Economics and since then, UWM has done just that. I believe the company has set I am a dividend growth & income investor with the goal of eliminating my emergency fund by generating income I own, continuously improving cash flow, and eliminating debt. I require high conviction in my portfolio of dividend-paying stocks and ETFs, which I select based on their ...
Mark Cuban Foundation and United Wholesale Mortgage Bring Free AI Bootcamp to Pontiac Teens
GlobeNewswire News Room· 2024-09-17 16:36
PONTIAC, Mich., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp hosted by United Wholesale Mortgage (UWM) in Pontiac, Applications for the no-cost bootcamp are closing September 30. The Mark Cuban Foundation, in partnership with UWM is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in Pontiac. With a custom and highly-relevant curriculum focused on teach ...
UWM (UWMC) - 2024 Q2 - Earnings Call Presentation
2024-08-09 15:54
August 2024 ■■■■ UNITED WHOLESALE MORTGAGE DISCLAIMER This presentation contains certain forward-looking statements and information, which reflect management's current beliefs and expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements include statements identified by such terms as "expect", "anticipate", "believe", "ability", "potential", "outlook", "may", "should", "target" or similar terms and variations thereof, statements reg ...
UWM (UWMC) - 2024 Q2 - Quarterly Report
2024-08-06 20:28
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number 001-39189 UWM HOLDINGS CORPORATION (Exact name of registrant as specified in its ch ...