(UWMC) UWM Holdings - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US91823B1098

Stock: Mortgage, Wholesale, Conforming, Government

Total Rating 9

Risk 33

Buy Signal -1.93

Mortgage Finance -37.5
Commercial & Residential Mortgage Finance -14.7

Market Cap: 7,711m
Avg Trading Vol: 77.0M USD

ATR: 6.07%
Peers RS (IBD): 23.08

Risk 5d forecast
Volatility	50.0%
Relative Tail Risk	-8.79%

Reward TTM
Sharpe Ratio	-0.30
Alpha	-36.00

Character TTM
Beta	0.831
Beta Downside	0.945

Drawdowns 3y
Max DD	56.68%
CAGR/Max DD	0.19

EPS (Earnings per Share)

EPS CAGR: -15.99%
EPS Trend: -29.8%

Last SUE: -0.81
Qual. Beats: 0

Revenue

Rev. CAGR: -4.30%
Rev. Trend: -4.2%

Last SUE: -0.72
Qual. Beats: 0

Description: UWMC UWM Holdings January 06, 2026

UWM Holdings Corporation (NYSE:UWMC) is a U.S.-based mortgage lender that focuses on originating, selling, and servicing residential mortgage loans through a wholesale-only channel. Established in 1986 and headquartered in Pontiac, Michigan, the firm primarily underwrites conforming and government-backed loans, positioning itself as a key conduit between mortgage brokers and large-scale investors.

Recent performance metrics show UWM’s loan origination volume grew ~12% YoY in Q4 2023, driven by a rebound in housing demand as mortgage rates stabilized around 6.5% after the 2022-2023 peak. The company’s net interest margin (NIM) has compressed to 1.8% due to higher funding costs, while its efficiency ratio remains low at ~45%, reflecting strong cost control relative to peers. Macro-level, the sector’s outlook hinges on the Fed’s interest-rate policy, housing inventory constraints, and the pace of new home construction, all of which directly affect wholesale loan pipelines.

For a deeper dive into UWMC’s valuation dynamics and scenario modeling, consider exploring the analyst tools on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income: 16.9m TTM > 0 and > 6% of Revenue
FCF/TA: -0.20 > 0.02 and ΔFCF/TA 20.41 > 1.0
NWC/Revenue: -541.1% < 20% (prev -714.6%; Δ 173.5% < -1%)
CFO/TA -0.19 > 3% & CFO -3.29b > Net Income 16.9m
Net Debt (13.66b) to EBITDA (176.1m): 77.56 < 3
Current Ratio: 0.12 > 1.5 & < 3
Outstanding Shares: last quarter (221.4m) vs 12m ago 121.8% < -2%
Gross Margin: 70.60% > 18% (prev 0.62%; Δ 6998 % > 0.5%)
Asset Turnover: 11.79% > 50% (prev 8.37%; Δ 3.43% > 0%)
Interest Coverage Ratio: 0.23 > 6 (EBITDA TTM 176.1m / Interest Expense TTM 528.3m)

Altman Z'' -3.86

A: -0.60 (Total Current Assets 1.42b - Total Current Liabilities 11.68b) / Total Assets 17.02b
B: 0.01 (Retained Earnings 169.9m / Total Assets 17.02b)
C: 0.01 (EBIT TTM 123.6m / Avg Total Assets 16.07b)
D: 0.01 (Book Value of Equity 170.1m / Total Liabilities 15.44b)
Altman-Z'' Score: -3.86 = D

Beneish M -2.87

DSRI: 0.65 (Receivables 548.1m/561.9m, Revenue 1.90b/1.26b)
GMI: 0.88 (GM 70.60% / 62.11%)
AQI: 1.00 (AQ_t 0.90 / AQ_t-1 0.90)
SGI: 1.50 (Revenue 1.90b / 1.26b)
TATA: 0.19 (NI 16.9m - CFO -3.29b) / TA 17.02b)
Beneish M-Score: -2.87 (Cap -4..+1) = A

What is the price of UWMC shares?

As of February 23, 2026, the stock is trading at USD 4.62 with a total of 17,099,408 shares traded.
Over the past week, the price has changed by -4.55%, over one month by -20.34%, over three months by -10.15% and over the past year by -22.42%.

Is UWMC a buy, sell or hold?

UWM Holdings has received a consensus analysts rating of 3.55. Therefor, it is recommend to hold UWMC.

StrongBuy: 2
Buy: 2
Hold: 7
Sell: 0
StrongSell: 0

What are the forecasts/targets for the UWMC price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	6.6	42.6%
Analysts Target Price	6.6	42.6%

UWMC Fundamental Data Overview February 20, 2026

P/E Trailing = 43.6364
P/E Forward = 10.9051
P/S = 2.8528
P/B = 7.9335
Revenue TTM = 1.90b USD
EBIT TTM = 123.6m USD
EBITDA TTM = 176.1m USD
Long Term Debt = 3.07b USD (from longTermDebt, last quarter)
Short Term Debt = 11.33b USD (from shortTermDebt, last quarter)
Debt = 14.53b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 13.66b USD (from netDebt column, last quarter)
Enterprise Value = 21.37b USD (7.71b + Debt 14.53b - CCE 870.7m)
Interest Coverage Ratio = 0.23 (Ebit TTM 123.6m / Interest Expense TTM 528.3m)
EV/FCF = -6.37x (Enterprise Value 21.37b / FCF TTM -3.36b)
FCF Yield = -15.70% (FCF TTM -3.36b / Enterprise Value 21.37b)
FCF Margin = -177.0% (FCF TTM -3.36b / Revenue TTM 1.90b)
Net Margin = 0.89% (Net Income TTM 16.9m / Revenue TTM 1.90b)
Gross Margin = 70.60% ((Revenue TTM 1.90b - Cost of Revenue TTM 557.3m) / Revenue TTM)
Gross Margin QoQ = 70.75% (prev 81.74%)
Tobins Q-Ratio = 1.26 (Enterprise Value 21.37b / Total Assets 17.02b)
Interest Expense / Debt = 0.91% (Interest Expense 132.1m / Debt 14.53b)
Taxrate = 4.59% (582.0k / 12.7m)
NOPAT = 117.9m (EBIT 123.6m * (1 - 4.59%))
Current Ratio = 0.12 (Total Current Assets 1.42b / Total Current Liabilities 11.68b)
Debt / Equity = 81.76 (Debt 14.53b / totalStockholderEquity, last quarter 177.7m)
Debt / EBITDA = 77.56 (Net Debt 13.66b / EBITDA 176.1m)
Debt / FCF = -4.07 (negative FCF - burning cash) (Net Debt 13.66b / FCF TTM -3.36b)
Total Stockholder Equity = 170.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.11% (Net Income 16.9m / Total Assets 17.02b)
RoE = 9.93% (Net Income TTM 16.9m / Total Stockholder Equity 170.1m)
RoCE = 3.82% (EBIT 123.6m / Capital Employed (Equity 170.1m + L.T.Debt 3.07b))
RoIC = 3.29% (NOPAT 117.9m / Invested Capital 3.59b)
WACC = 3.68% (E(7.71b)/V(22.24b) * Re(8.98%) + D(14.53b)/V(22.24b) * Rd(0.91%) * (1-Tc(0.05)))
Discount Rate = 8.98% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 54.07%
Fair Price DCF = unknown (Cash Flow -3.36b)
EPS Correlation: -29.76 | EPS CAGR: -15.99% | SUE: -0.81 | # QB: 0
Revenue Correlation: -4.20 | Revenue CAGR: -4.30% | SUE: -0.72 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.08 | Chg30d=+0.008 | Revisions Net=+3 | Analysts=7
EPS next Year (2026-12-31): EPS=0.47 | Chg30d=+0.017 | Revisions Net=-1 | Growth EPS=+213.6% | Growth Revenue=+42.1%

Additional Sources for UWMC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle