at uwm, we are younited to focus on you, not the transaction. everything we do is designed to support our clients’ business and make lending easy. we deliver the fastest turn times in the industry. we develop groundbreaking tools like uclose that give you the power to go from clear-to-close to closing in minutes instead of days. we provide our account executives with over 200 hours of training before they dial up your number. we give you direct access to our underwriters and support teams — and much more. we’re also committed to making uwm a great place to work for our own team members so that they can provide the world-class service you deserve. here, relationships come first. that’s why more brokers choose uwm than any other lender. nmls #3038
Company profile
Ticker
UWMC, UWMC-WT
Exchange
Website
CEO
Mat Ishbia
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Gores Holdings IV, Inc.
SEC CIK
Corporate docs
IRS number
842124167
UWMC stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
28 Feb 24
8-K
UWM Holdings Corporation Announces Fourth Quarter & Full Year 2023 Results
28 Feb 24
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
UWM Holdings Corporation Announces Third Quarter 2023 Results
8 Nov 23
10-Q
2023 FY
Quarterly report
9 Aug 23
8-K
UWM Holdings Corporation Announces Second Quarter 2023 Results
9 Aug 23
8-K
Departure of Directors or Certain Officers
30 Jun 23
8-K
Submission of Matters to a Vote of Security Holders
8 Jun 23
10-Q
2023 FY
Quarterly report
10 May 23
8-K
UWM Holdings Corporation Announces First Quarter 2023 Results
10 May 23
Transcripts
UWMC
Earnings call transcript
2023 Q4
28 Feb 24
UWMC
Earnings call transcript
2023 Q3
8 Nov 23
UWMC
Earnings call transcript
2023 Q2
9 Aug 23
UWMC
Earnings call transcript
2023 Q1
10 May 23
UWMC
Earnings call transcript
2023 Q1
10 May 23
UWMC
Earnings call transcript
2022 Q4
1 Mar 23
UWMC
Earnings call transcript
2022 Q3
4 Nov 22
UWMC
Earnings call transcript
2022 Q2
9 Aug 22
UWMC
Earnings call transcript
2022 Q1
10 May 22
UWMC
Earnings call transcript
2021 Q4
1 Mar 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jun 23 | Mar 23 | Dec 22 | Dec 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 729.62 mm | 729.62 mm | 729.62 mm | 729.62 mm | 729.62 mm | 729.62 mm |
Cash burn (monthly) | (no burn) | 5.83 mm | (no burn) | (no burn) | (no burn) | 170.84 mm |
Cash used (since last report) | n/a | 38.90 mm | n/a | n/a | n/a | 1.14 bn |
Cash remaining | n/a | 690.71 mm | n/a | n/a | n/a | -411.14 mm |
Runway (months of cash) | n/a | 118.5 | n/a | n/a | n/a | -2.4 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 170 |
Opened positions | 30 |
Closed positions | 21 |
Increased positions | 65 |
Reduced positions | 46 |
13F shares | Current |
---|---|
Total value | 220.20 bn |
Total shares | 1.57 bn |
Total puts | 619.60 k |
Total calls | 4.16 mm |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
SFS Holding | 1.50 bn | $0.00 |
Gores Sponsor IV | 10.55 mm | $0.00 |
Vanguard | 8.84 mm | $42.89 bn |
FMR | 6.08 mm | $29.47 bn |
AEG | 5.34 mm | $0.00 |
Platinum Equity | 4.89 mm | $23.74 bn |
BLK Blackrock | 3.99 mm | $19.37 bn |
Integrated Investment Consultants | 3.59 mm | $17.42 bn |
Susquehanna Securities | 2.87 mm | $0.00 |
Victory Capital Management | 2.04 mm | $9.92 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Alex Elezaj | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.57 | 4,925 | 32.36 k | 296,687 |
1 Mar 24 | Alex Elezaj | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 15,021 | 0.00 | 301,612 |
1 Mar 24 | Alex Elezaj | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 15,021 | 0.00 | 0 |
1 Mar 24 | Andrew Hubacker | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.57 | 2,283 | 15.00 k | 28,395 |
1 Mar 24 | Andrew Hubacker | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 7,844 | 0.00 | 30,678 |
1 Mar 24 | Andrew Hubacker | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 7,844 | 0.00 | 0 |
1 Mar 24 | Ishbia Mat | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.57 | 95,517 | 627.55 k | 171,520 |
1 Mar 24 | Ishbia Mat | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 267,037 | 0.00 | 267,037 |
1 Mar 24 | Ishbia Mat | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 267,037 | 0.00 | 0 |
1 Mar 24 | Laura Lawson | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.57 | 2,915 | 19.15 k | 47,811 |
News
Keefe, Bruyette & Woods Upgrades UWM Hldgs to Market Perform, Maintains $6 Price Target
9 Apr 24
Hunterbrook Media Shorts United Wholesale Mortgage: UWM Casts Doubt On New Firm's Integrity
3 Apr 24
UWM Holdings Responds To Hunterbrook's Short Report; Says 'Hunterbrook is not a news organization. It is a hedge fund sensationalizing public information to manipulate the stock market to enrich themselves and their investors'
2 Apr 24
UWM Hldgs's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
14 Mar 24
UWM Holdings Board Approved A Proportional Distribution To SFS Corp., Which Is Payable On Or About April 11, 2024
28 Feb 24
Press releases
UWM ALERT: Bragar Eagel & Squire, P.C. is Investigating UWM Holdings Corporation on Behalf of UWM Stockholders and Encourages Investors to Contact the Firm
15 Apr 24
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of UWM Holdings Corporation (UWMC) on Behalf of Investors
12 Apr 24
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of UWM Holdings Corporation (UWMC) on Behalf of Investors
12 Apr 24
The Law Offices of Frank R. Cruz Announces Investigation of UWM Holdings Corporation (UWMC) on Behalf of Investors
10 Apr 24
UWM Holdings Corporation Announces Q4 2023 and Full Year 2023 Earnings Conference Call
14 Feb 24