The latest quarterly earnings report for UWMC is scheduled for Monday, May 4th, with a consensus estimate EPS of $0.06.
UWM Holdings Corporation (UWMC) experienced a price decline to $3.67, a decrease of 8 cents or -2.14% from the previous close. Notable insider trading activities by Mat Ishbia, the President and CEO, involved significant sales of $3.78 million on Monday, April 27th, and $3.70 million on Wednesday, April 22nd.
In the most recent quarterly earnings report on Tuesday, February 24th, UWMC reported an EPS of 7.56 cents, falling short of the consensus estimate of 9 cents.
UWMC offers a forward dividend yield of 10.91%, with a dividend per share of 10 cents MRQ and a total of 40 cents TTM.
The company's cash flow statement reveals $82 million in free cash flow, a debt repayment of $471.39 million, and a net change in cash of -$367.34 million.
UWMC generated revenues of $945.25 million with a gross profit of $816.41 million. Operating income stood at $559.5 million, resulting in a net income of $19.41 million.
Key ratios include a net profit margin of 2.05%, return on equity at 9.73%, and a price-to-earnings ratio of 14.49.
UWMC's balance sheet reflects total assets of $16.93 billion, total liabilities of $15.34 billion, and net debt of $13.94 billion.
Stay tuned for further developments as UWMC navigates the financial landscape.
UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company originates 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.