Pontiac, Michigan-based United Wholesale Mortgage, a wholesale mortgage lender, completed its merger with special purpose acquisition company Gores Holdings IV. Shares of United Wholesale Mortgage began trading on the New York Stock Exchange under the ticker symbol "UWMC" on Friday, January 22, 2021. The stock opened at $11.43 per share.
The merger values the newly combined company, which will now be called UMW Holdings Corporation, at $16 billion.
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| Latest market close | $8.79 |
|---|---|
| 52-week range | $4.30 - $9.74 |
| 50-day moving average | $8.11 |
| 200-day moving average | $7.04 |
| Wall St. target price | $7.89 |
| PE ratio | 313.3333 |
| Dividend yield | $0.4 (4.26%) |
| Earnings per share (TTM) | $0.03 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $8.79 from 2024-09-06
| 1 week (2024-08-30) | -6.49% |
|---|---|
| 1 month (2024-08-09) | 4.52% |
| 3 months (2024-06-07) | 19.59% |
| 6 months (2024-03-08) | 31.98% |
| 1 year (2023-09-08) | 66.48% |
|---|---|
| 2 years (2022-09-07) | 143.49% |
| 3 years (2021-09-09) | 23.63% |
| 5 years (2019-09-05) | N/A |
Valuing United Wholesale Mortgage stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of United Wholesale Mortgage's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
United Wholesale Mortgage's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 313x. In other words, United Wholesale Mortgage shares trade at around 313x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, United Wholesale Mortgage's P/E ratio is best considered in relation to those of others within the mortgage finance industry or those of similar companies.
United Wholesale Mortgage's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $521.9 million.
The EBITDA is a measure of a United Wholesale Mortgage's overall financial performance and is widely used to measure a its profitability.
To put United Wholesale Mortgage's EBITDA into context you can compare it against that of similar companies.
| Revenue TTM | $2.3 billion |
|---|---|
| Operating margin TTM | 29.66% |
| Gross profit TTM | $2.1 billion |
| Return on assets TTM | 2.33% |
| Return on equity TTM | 3.67% |
| Profit margin | 0.13% |
| Book value | $1.19 |
| Market Capitalization | $15 billion |
TTM: trailing 12 months
Dividend payout ratio: 8% of net profits
Recently United Wholesale Mortgage has paid out, on average, around 8% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.26% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), United Wholesale Mortgage shareholders could enjoy a 4.26% return on their shares, in the form of dividend payments. In United Wholesale Mortgage's case, that would currently equate to about $0.4 per share.
While United Wholesale Mortgage's payout ratio might seem low, this can signify that United Wholesale Mortgage is investing more in its future growth.
United Wholesale Mortgage's most recent dividend payout was on 9 October 2024. The latest dividend was paid out to all shareholders who bought their shares by 18 September 2024 (the "ex-dividend date").
United Wholesale Mortgage's dividend payout ratio is perhaps best considered in relation to those of similar companies.
Over the last 12 months, United Wholesale Mortgage's shares have ranged in value from as little as $4.3 up to $9.74. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while United Wholesale Mortgage's is 1.678. This would suggest that United Wholesale Mortgage's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
To put United Wholesale Mortgage's beta into context you can compare it against those of similar companies.
UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company offers mortgage loans through wholesale channel. It originates primarily conforming and government loans. UWM Holdings Corporation was founded in 1986 and is headquartered in Pontiac, Michigan. .
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