UWMC stock touches 52-week low at $4 amid market challenges

Published 21/05/2025, 19:06
UWMC stock touches 52-week low at $4 amid market challenges

In a challenging market environment, UWM Holdings Corporation (UWMC) stock has reached a 52-week low, dipping to the $4 mark. According to InvestingPro data, the company, currently valued at $6.43 billion, offers a substantial 9.43% dividend yield despite its recent performance challenges. This level represents a significant downturn for the company, which has been navigating through a tough financial landscape over the past year. The decline in UWMC’s stock price is part of a broader trend, with InvestingPro analysis showing a year-to-date return of -26.55% and a beta of 1.8, indicating higher volatility than the market. The 52-week low serves as a critical juncture for UWMC, as stakeholders and market watchers closely monitor the company’s performance and strategic responses to current market pressures. For deeper insights into UWMC’s volatility patterns and comprehensive analysis, investors can access the detailed Pro Research Report available on InvestingPro.

In other recent news, UWM Holdings Corporation reported its first-quarter earnings, which fell short of analyst expectations. The company posted a net loss of $247 million, or -$0.12 per share, against an analyst consensus estimate of $0.05 per share. However, revenue for the quarter was $613.37 million, surpassing expectations of $545.77 million and representing a 4.8% increase year-over-year. UWM’s loan origination volume reached $32.4 billion in the first quarter, marking a 17% year-over-year increase, although it was down 16% from the previous quarter. Purchase originations were relatively stable at $21.7 billion compared to $22.1 billion in the same period last year. The company’s total gain margin declined to 94 basis points from 108 basis points a year ago. UWM’s total equity decreased to $1.6 billion as of March 31, 2025, down from $2.1 billion at the end of 2024. The company has declared a cash dividend of $0.10 per share, payable on July 10, 2025, to stockholders of record as of June 18, 2025. Looking ahead, UWM anticipates second-quarter production to be between $38 billion and $45 billion, with a gain margin ranging from 90 to 115 basis points.

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