Who bought UWMC stock in the last quarter?
UWMC stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Victory Capital Management Inc., Balyasny Asset Management LLC, Balyasny Asset Management LLC, Renaissance Technologies LLC, Geode Capital Management LLC, Schonfeld Strategic Advisors LLC, and California State Teachers Retirement System.
Why did UWM Holdings stock jump 22% today?
Shares of the mortgage originator UWM Holdings (NYSE: UWMC) had jumped more than 22% as of 10:57 a.m. EST after the company said it had decided not to go through with a planned secondary offering. UWM also said that it would "accelerate" its previously announced share repurchase program.
What happened to UWMC/ghiv stock after the merger?
This is typical among SPAC stocks in their early stages as the units — generally at a per unit purchase price of $10 — are composed of one share of common stock and a fraction of a warrant to purchase a share of that stock. Now, you might expect that UWMC/GHIV stock would have taken an immediate rocket ride after the merger deal’s announcement.
Can UWM sustain or increase its dividend?
UWM does not have a long track record of dividend growth. Based on earnings estimates, UWM will have a dividend payout ratio of 55.56% next year. This indicates that UWM will be able to sustain or increase its dividend. In the past three months, UWM insiders have not sold or bought any company stock.
Is UWMC stock a good buy?
Out of 10 analysts, 0 (0%) are recommending UWMC as a Strong Buy, 1 (10%) are recommending UWMC as a Buy, 8 (80%) are recommending UWMC as a Hold, 0 (0%) are recommending UWMC as a Sell, and 1 (10%) are recommending UWMC as a Strong Sell. What is UWMC's earnings growth forecast for 2022-2023?
Is UWMC shorted?
What is UWM's current short interest? Short interest is the volume of UWM shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 20,380,000 shares of UWMC short. 24.79% of UWM's shares are currently sold short.
What does UWM holding do?
UWM Holdings Corp. operates as a wholesale mortgage lender. It underwrites and provides closing documentation for residential mortgage loans originated by independent mortgage brokers, correspondents, small banks and local credit unions.
How do I buy wholesale mortgage stock on United?
How to buy shares in UWMCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. Fund your account.Research the stock. ... Purchase now or later. ... Check in on your investment.
Is Uwmc a short squeeze?
High short interest and stock loan fee According to Ortex, 15% of UWMC's float was shorted, as per the latest estimate — see below. Such high numbers raise the possibility of a short squeeze, especially as UWMC stock has a small float of around 97 million shares and daily traded volume of only about 3 million.
What are the most shorted stocks?
Most Shorted StocksSymbol SymbolCompany NameFloat Shorted (%)ICPT ICPTIntercept Pharmaceuticals Inc.36.89%NKLA NKLANikola Corp.36.49%MSTR MSTRMicroStrategy Inc.36.48%HRTX HRTXHeron Therapeutics Inc.36.22%41 more rows
Is UWM Holdings a buy?
Valuation metrics show that UWM Holdings Corporation may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of UWMC, demonstrate its potential to outperform the market. It currently has a Growth Score of B.
What time is Uwmc earnings?
Next UWMC Earnings Date: UWMC is estimated to announce earnings between Aug 05, 2022 and Aug 15, 2022 (the company has not announced a date yet and the estimate is based on historical earnings dates). Effect. If earnings is Tuesday AMC, this is Tuesday close to Wednesday close.
What sector is Uwmc in?
Description. 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.
Can you buy Wish stock?
How and Where To Buy Wish Stock. If you want to buy ContextLogic Inc. stock, sign up to make an account on a trading platform and enter the requested personal information to open your brokerage account. Then you can buy the number of shares you want. The company operates under the ticker WISH.
Is UWM a buy right now?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UWM in the last twelve months. There are currently 1 sell rating, 9 hold...
When is UWM's next earnings date?
UWM is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022. View our earnings forecast for UWM .
How were UWM's earnings last quarter?
UWM Holdings Co. (NYSE:UWMC) issued its quarterly earnings data on Tuesday, May, 10th. The company reported $0.22 earnings per share for the quarte...
How often does UWM pay dividends? What is the dividend yield for UWM?
UWM announced a quarterly dividend on Tuesday, May 10th. Shareholders of record on Tuesday, June 21st will be given a dividend of $0.10 per share o...
Is UWM a good dividend stock?
UWM pays an annual dividend of $0.40 per share and currently has a dividend yield of 9.73%. UWMC has a dividend yield higher than 75% of all divide...
What price target have analysts set for UWMC?
11 equities research analysts have issued 12 month price targets for UWM's shares. Their forecasts range from $3.00 to $8.50. On average, they expe...
Who are UWM's key executives?
UWM's management team includes the following people: Mr. Mathew R. Ishbia , Chairman, Pres & CEO (Age 42, Pay $7.24M) Mr. Timothy Forrester , E...
Who are some of UWM's key competitors?
Some companies that are related to UWM include Home Point Capital (HMPT) , Ocwen Financial (OCN) , Finance Of America Companies (FOA) , Farmhou...
What is UWM's stock symbol?
UWM trades on the New York Stock Exchange (NYSE) under the ticker symbol "UWMC."
Who is the CEO of UWM?
What was UWMC's net income in 2Q21?
In his "Executive Decision" segment of Mad Money Friday night, Jim Cramer spoke with Matt Ishbia, chairman and CEO of UWM Holdings Corp. , the mortgage broker. The company announced on Friday an ambitious plan to become the No. 1 lender by 2024, a position currently held by Rocket Companies . When asked about the recent declines in their stock, Ishbia said that UWM got lumped in with other companies, like RKT, but in reality, UWMC is forecasting growth not weakness.
About UWM
UWMC reported 2Q21 net income of $138.7 million on $59.2 billion in total originations. The record loan origination volume for the quarter also included a quarterly record of $24.1 billion in purchase volume and net income for the second.
UWM (NYSE:UWMC) Frequently Asked Questions
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. The company was founded in 1986 and is headquartered in Pontiac, Michigan.
Mortgage Market and UWMC Stock
9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for UWM in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UWM stock.
Conclusion
Despite rather impressive results, UWMC has been put in the penalty box by investors right now. Perhaps this underperformance has something to do with the broad-based SPAC-related selling we’ve seen recently. However, it appears other more pressing concerns are at play for UWMC investors.
NASDAQ: AMED
In my view, UWMC stock represents a deep value play with excellent upside today. Yes, it’s not in favor with the market right now, but investors looking to pick up deep-value stocks need to be okay with being contrarian.
What happened
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So what
Shares of Amedisys ( AMED -0.37% ) were down 21.2% as of 11:29 a.m. EDT on Thursday. The big decline came after the home health and hospice company announced its second-quarter results following the market close on Wednesday.
Now what
Amedisys reported Q2 revenue of $564.2 million, up 16% year over year. The company posted adjusted earnings of $55.7 million, or $1.69 per share. Analysts' consensus estimate was for adjusted earnings of $1.67 per share. So why did the healthcare stock sink?
Premium Investing Services
The big wild card for Amedisys going forward continues to be COVID-19. The company acknowledged that any further disruptions -- including government actions, staff sidelined due to quarantines, and delays in elective procedures -- could make it harder to meet its guidance.