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UWM Holdings Corporation (NYSE: UWMC) closed the day trading at $6.02 down -2.75% from the previous closing price of $6.19. In other words, the price has decreased by -$2.75 from its previous closing price. On the day, 3.16 million shares were traded. UWMC stock price reached its highest trading level at $6.19 during the session, while it also had its lowest trading level at $5.99.
Ratios:
For a better understanding of UWMC, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 101.47 whereas as Long-Term Debt/Eq ratio is at 51.17.
On October 08, 2024, Barclays Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $6 to $8.
Keefe Bruyette Upgraded its Underperform to Mkt Perform on April 09, 2024, while the target price for the stock was maintained at $6.
Insider Transactions:
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 Sep 16 ’24 when Mat Ishbia sold 1,200,000 shares for $8.45 per share. The transaction valued at 10,140,000 led to the insider holds 0 shares of the business.
Mat Ishbia sold 10,842,012 shares of UWMC for $91,615,001 on Sep 13 ’24. The President and CEO now owns 0 shares after completing the transaction at $8.45 per share. On Aug 30 ’24, another insider, Mat Ishbia, who serves as the President and CEO of the company, sold 5,000,000 shares for $9.11 each. As a result, the insider received 45,550,000 and left with 0 shares of the company.
Valuation Measures:
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 9621465088 and an Enterprise Value of 14552962048. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.66 while its Price-to-Book (P/B) ratio in mrq is 5.71. Its current Enterprise Value per Revenue stands at 5.336 whereas that against EBITDA is 48.479.
Stock Price History:
Over the past 52 weeks, UWMC has reached a high of $9.74, while it has fallen to a 52-week low of $5.35. The 50-Day Moving Average of the stock is -21.24%, while the 200-Day Moving Average is calculated to be -18.40%.
Shares Statistics:
Over the past 3-months, UWMC traded about 2.68M shares per day on average, while over the past 10 days, UWMC traded about 3879980 shares per day. A total of 93.65M shares are outstanding, with a floating share count of 51.48M. Insiders hold about 46.16% of the company’s shares, while institutions hold 59.23% stake in the company. Shares short for UWMC as of 1728950400 were 12539609 with a Short Ratio of 4.45, compared to 1726185600 on 12547499. Therefore, it implies a Short% of Shares Outstanding of 12539609 and a Short% of Float of 7.99.
Dividends & Splits
UWMC’s forward annual dividend rate is 0.40, up from 0.4 a year ago. Against a Trailing Annual Dividend Yield of 0.06462035
