After finishing at $4.90 in the prior trading day, UWM Holdings Corporation (NYSE: UWMC) closed at $4.89, down -0.20%. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 982703 shares were traded. UWMC stock price reached its highest trading level at $4.9000 during the session, while it also had its lowest trading level at $4.7800.
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Our goal is to gain a better understanding of UWMC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 59.40 whereas as Long-Term Debt/Eq ratio is at 58.58.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 21 when Czubak Kelly bought 2,439 shares for $4.09 per share. The transaction valued at 9,988 led to the insider holds 5,316 shares of the business.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UWMC now has a Market Capitalization of 458.06M. As of this moment, UWM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 57.53, and their Forward P/E ratio for the next fiscal year is 13.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.12 while its Price-to-Book (P/B) ratio in mrq is 3.68.
Stock Price History:
Over the past 52 weeks, UWMC has reached a high of $6.35, while it has fallen to a 52-week low of $2.84. The 50-Day Moving Average of the stock is 5.1828, while the 200-Day Moving Average is calculated to be 4.2217.
The stock has traded on average 1.30M shares per day over the past 3-months and 1.14M shares per day over the last 10 days, according to various share statistics. A total of 1.60B shares are outstanding, with a floating share count of 88.98M. Insiders hold about 4.39% of the company’s shares, while institutions hold 32.50% stake in the company. Shares short for UWMC as of Apr 27, 2023 were 21.88M with a Short Ratio of 21.88M, compared to 20.75M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 23.50% and a Short% of Float of 23.63%.
Dividends & Splits
In the trailing 12 months, UWMC’s forward annual dividend rate was 0.40, compared to 0.40 this year. Against a Trailing Annual Dividend Yield of 8.16%, it implies a Forward Annual Dividend Yield of 8.08%.
Its stock is currently analyzed by 9 different market analysts. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.04, while EPS last year was $0.1. The consensus estimate for the next quarter is $0.07, with high estimates of $0.09 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.3 and $0.09 for the fiscal current year, implying an average EPS of $0.19. EPS for the following year is $0.37, with 9 analysts recommending between $0.6 and $0.23.
5 analysts predict $457.54M in revenue for the current quarter. It ranges from a high estimate of $479.21M to a low estimate of $429M. As of the current estimate, UWM Holdings Corporation’s year-ago sales were $564.23M, an estimated decrease of -18.90% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $505.46M, a decrease of -26.10% less than the figure of -$18.90% in the same quarter last year. There is a high estimate of $557.42M for the next quarter, whereas the lowest estimate is $444M.
A total of 6 analysts have provided revenue estimates for UWMC’s current fiscal year. The highest revenue estimate was $1.89B, while the lowest revenue estimate was $1.49B, resulting in an average revenue estimate of $1.67B. In the same quarter a year ago, actual revenue was $2.37B, down -29.70% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $2.33B in the next fiscal year. The high estimate is $2.79B and the low estimate is $1.69B. The average revenue growth estimate for next year is up 39.90% from the average revenue estimate for this year.