Financial Services · Financial - Mortgages
Price
$2.16
Market Cap
$3.3B
Employees
9,100
Beta
1.78
Avg Volume
20,013,929
CEO
Mathew R. Ishbia
Business Description
UWM Holdings Corporation is a U.S.-based enterprise specializing in the provision of residential mortgage financing. The company originates home loans predominantly through a wholesale distribution model, with its offerings primarily consisting of conforming and government-backed mortgages. Established in 1986, its corporate headquarters are situated in Pontiac, Michigan.
Business History
Price Overview
Price at report time · Jul 2, 3:37pm (0m ago)
$2.16
Change · Jul 2
-0.07 (-2.93%)
Day Range
$2.13 – $2.28
52-Week Range
$2.00 – $7.14
50-Day MA
$2.91
200-Day MA
$4.48
Volume
16,211,425.00
Right now · live
loading…
Real-time — the change above is the move since the report (over 0m).
Analyst Price Targets
Low
$3.75
Consensus
$5.19
High
$8.50
(20 analysts)
Share Structure
Outstanding
155,546,674.00
Float
132,462,925.00
Free Float
85.2%
High free float
— 85.2% of shares trade freely, ~14.8% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
9.49
Stock Price: $2.16
EPS (Diluted): 0.13
EPS (Diluted): 0.13
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
4.64
Stock Price: $2.16
Total Equity: $199.52M
Shares: 211,407,534
Total Equity: $199.52M
Shares: 211,407,534
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
18.49
Market Cap: $3.27B
Total Debt: $14.33B
Cash: $503.36M
EBITDA: $831.73M
Total Debt: $14.33B
Cash: $503.36M
EBITDA: $831.73M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$20.6B
Market Cap: $3.27B
Total Debt: $14.33B
Cash: $503.36M
Total Debt: $14.33B
Cash: $503.36M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
85.6%
Gross Profit: $2.71B
Revenue: $3.16B
Revenue: $3.16B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
58.0%
Operating Income: $1.83B
Revenue: $3.16B
Revenue: $3.16B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
0.9%
Net Income: $27.38M
Revenue: $3.16B
Revenue: $3.16B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
33.9%
Net Income: $27.38M
Total Equity: $199.52M
Total Equity: $199.52M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
6.4%
Operating Income: $1.83B
Tax Rate: 2.7%
Equity: $199.52M
Total Debt: $14.33B
Cash: $503.36M
Tax Rate: 2.7%
Equity: $199.52M
Total Debt: $14.33B
Cash: $503.36M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.67
Current Assets: $2.16B
Current Liabilities: $3.21B
Current Liabilities: $3.21B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
71.83
Short-Term Debt: $3.21B
Long-Term Debt: $11.12B
Total Debt: $14.33B
Total Equity: $199.52M
Long-Term Debt: $11.12B
Total Debt: $14.33B
Total Equity: $199.52M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$14.95
Revenue: $3.16B
Shares: 211,407,534
Shares: 211,407,534
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$0.94
Total Equity: $199.52M
Shares: 211,407,534
Shares: 211,407,534
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-12.87
Operating CF: -$2.65B
CapEx: -$74.05M
Shares: 211,407,534
CapEx: -$74.05M
Shares: 211,407,534
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
77.4%
Last Dividend: N/A
Stock Price: $2.16
Stock Price: $2.16
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $27.38M
Net Income: $27.38M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares UWMC against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jul 2, 2026 3:37pm (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.1B | $1.1B | $1.9B | $3.2B |
| Cost of Revenue | $350.0M | $336.4M | $358.9M | $534.2M | $454.5M |
| Gross Profit | $2.5B | $1.8B | $755.0M | $1.4B | $2.7B |
| Operating Expenses | $905.5M | $875.6M | $831.3M | $1.0B | $873.3M |
| Operating Income | $1.6B | $934.7M | -$76.3M | $336.0M | $1.8B |
| Net Income | $98.4M | $41.7M | -$13.2M | $14.4M | $27.4M |
| EBITDA | $1.6B | $984.1M | -$26.2M | $384.7M | $831.7M |
| EPS | $0.98 | $0.45 | $-0.14 | $0.13 | $0.13 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 2, 2026 3:37pm (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $731.1M | $704.9M | $497.5M | $507.3M | $503.4M |
| Total Current Assets | $1.2B | $1.3B | $1.2B | $925.3M | $2.2B |
| Total Assets | $22.5B | $13.6B | $11.9B | $15.7B | $16.9B |
| Current Liabilities | $17.0B | $7.8B | $6.8B | $10.1B | $3.2B |
| Long-Term Debt | $2.1B | $2.1B | $2.1B | $2.9B | $11.1B |
| Total Liabilities | $19.4B | $10.4B | $9.4B | $13.6B | $15.3B |
| Total Equity | $142.4M | $143.6M | $112.6M | $161.5M | $199.5M |
| Retained Earnings | $141.8M | $142.5M | $110.7M | $157.8M | $189.4M |
Cash Flow (Annual)
Last updated: Jul 2, 2026 3:37pm (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$10.0B | $8.3B | $165.2M | -$6.2B | -$2.6B |
| Capital Expenditure | -$65.4M | -$26.6M | -$26.4M | -$39.5M | -$74.0M |
| Free Cash Flow | -$10.0B | $8.2B | $138.8M | -$6.3B | -$2.7B |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$81.6M | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$492.7M | -$26.2M | -$207.4M | $9.9M | -$4.0M |
Analyst Estimates (Annual)
Last updated: Jul 2, 2026 3:37pm (just now)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$2.5B $2.5B – $2.5B
|
$3.3B $3.0B – $3.5B
|
$3.7B $3.2B – $4.3B
|
$4.0B $4.0B – $4.0B
|
| EBITDA |
$733.3M $726.2M – $738.0M
|
$959.4M $868.0M – $1.0B
|
$1.1B $937.6M – $1.3B
|
$1.2B $1.2B – $1.2B
|
| Net Income |
$35.7M $27.2M – $44.2M
|
$81.9M $74.5M – $89.4M
|
$108.9M $97.9M – $117.0M
|
$132.3M $100.6M – $164.0M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 2, 2026 3:37pm (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -24.2% | -48.1% | +71.1% | +65.8% |
| Gross Profit Growth | -27.1% | -58.3% | +81.7% | +97.3% |
| Operating Income Growth | -40.8% | -108.2% | +540.4% | +445.5% |
| Net Income Growth | -57.6% | -131.7% | +208.9% | +90.1% |
| EBITDA Growth | -39.1% | -102.7% | +1,566.6% | +116.2% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-19 | Wilner Melinda | M-Exempt | 1,608,794.00 | $2.92 | $4.7M |
| 2026-05-19 | Wilner Melinda | F-InKind | 662,059.00 | $2.92 | $1.9M |
| 2026-05-19 | Wilner Melinda | M-Exempt | 1,608,794.00 | $0.00 | $0 |
| 2026-05-19 | Elezaj Alex | M-Exempt | 1,608,794.00 | $2.92 | $4.7M |
| 2026-05-19 | Elezaj Alex | F-InKind | 661,736.00 | $2.92 | $1.9M |
| 2026-05-19 | Elezaj Alex | M-Exempt | 1,608,794.00 | $0.00 | $0 |
| 2026-05-08 | Mat Ishbia | C-Conversion | 14,245.00 | $0.00 | $0 |
| 2026-05-07 | Mat Ishbia | C-Conversion | 14,245.00 | $0.00 | $0 |
| 2026-05-07 | Mat Ishbia | S-Sale | 1,003,333.00 | $3.39 | $3.4M |
| 2026-05-08 | Mat Ishbia | S-Sale | 1,003,333.00 | $3.39 | $3.4M |
| 2026-05-05 | Mat Ishbia | S-Sale | 1,003,333.00 | $3.45 | $3.5M |
| 2026-05-06 | Mat Ishbia | S-Sale | 1,003,333.00 | $3.66 | $3.7M |
| 2026-05-01 | Mat Ishbia | C-Conversion | 3,605,772.00 | $0.00 | $0 |
| 2026-05-01 | Mat Ishbia | C-Conversion | 3,605,772.00 | $0.00 | $0 |
| 2026-05-01 | Mat Ishbia | S-Sale | 1,001,024.00 | $3.62 | $3.6M |
| 2026-05-04 | Mat Ishbia | S-Sale | 1,003,333.00 | $3.57 | $3.6M |
| 2026-04-30 | Mat Ishbia | S-Sale | 934,061.00 | $3.53 | $3.3M |
| 2026-04-28 | Mat Ishbia | S-Sale | 986,644.00 | $3.66 | $3.6M |
| 2026-04-29 | Mat Ishbia | S-Sale | 1,000,574.00 | $3.50 | $3.5M |
| 2026-04-23 | Mat Ishbia | S-Sale | 1,000,574.00 | $3.65 | $3.7M |
Dividend History (Last 20)
Last updated: Jul 2, 2026 3:37pm (just now)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-18 | $0.10 | 2026-04-28 | 2026-06-18 | 2026-07-09 |
| 2026-03-19 | $0.10 | 2026-02-25 | 2026-03-19 | 2026-04-09 |
| 2025-12-18 | $0.10 | 2025-11-06 | 2025-12-18 | 2026-01-08 |
| 2025-09-18 | $0.10 | 2025-08-07 | 2025-09-18 | 2025-10-09 |
| 2025-06-18 | $0.10 | 2025-05-06 | 2025-06-18 | 2025-07-10 |
| 2025-03-20 | $0.10 | 2025-02-26 | 2025-03-20 | 2025-04-10 |
| 2024-12-19 | $0.10 | 2024-11-07 | 2024-12-19 | 2025-01-09 |
| 2024-09-19 | $0.10 | 2024-08-06 | 2024-09-19 | 2024-10-10 |
| 2024-06-20 | $0.10 | 2024-05-09 | 2024-06-20 | 2024-07-11 |
| 2024-03-19 | $0.10 | 2024-02-28 | 2024-03-20 | 2024-04-11 |
| 2023-12-19 | $0.10 | 2023-11-08 | 2023-12-20 | 2024-01-11 |
| 2023-09-19 | $0.10 | 2023-08-09 | 2023-09-20 | 2023-10-11 |
| 2023-06-20 | $0.10 | 2023-05-10 | 2023-06-21 | 2023-07-11 |
| 2023-03-09 | $0.10 | 2023-03-01 | 2023-03-10 | 2023-04-11 |
| 2022-12-08 | $0.10 | 2022-11-02 | 2022-12-09 | 2023-01-10 |
| 2022-09-19 | $0.10 | 2022-08-09 | 2022-09-20 | 2022-10-07 |
| 2022-06-17 | $0.10 | 2022-05-10 | 2022-06-21 | 2022-07-11 |
| 2022-03-11 | $0.10 | 2022-03-01 | 2022-03-14 | 2022-04-11 |
| 2021-12-09 | $0.10 | 2021-11-09 | 2021-12-10 | 2022-01-06 |
| 2021-09-09 | $0.10 | 2021-06-30 | 2021-09-10 | 2021-10-06 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for UWMC — it's generated by the pipeline (
market-narrative step).
No community reviews yet for UWMC.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
personal — only you see this
Sign in to save personal notes and rate your interest in this stock.
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.369 · ed375950 · 2026-07-02 14:37:41