Keefe, Bruyette & Woods Lowers UWM (NYSE:UWMC) Price Target to $6.00

UWM (NYSE:UWMC) had its target price decreased by stock analysts at Keefe, Bruyette & Woods from $6.75 to $6.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price indicates a potential upside of 35.93% from the stock’s previous close.

A number of other equities analysts also recently issued reports on the stock. Wall Street Zen downgraded shares of UWM from a “hold” rating to a “strong sell” rating in a report on Saturday, November 15th. Barclays cut their price target on shares of UWM from $7.00 to $6.00 and set an “overweight” rating on the stock in a report on Thursday. Jefferies Financial Group set a $4.40 price objective on shares of UWM in a research report on Wednesday. The Goldman Sachs Group set a $5.00 target price on shares of UWM in a research report on Tuesday, January 6th. Finally, Morgan Stanley set a $6.00 target price on UWM in a report on Tuesday, December 16th. Two investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, UWM has an average rating of “Hold” and an average target price of $6.24.

UWM Price Performance

UWMC stock opened at $4.41 on Friday. The company has a market capitalization of $7.06 billion, a P/E ratio of 73.57 and a beta of 1.85. UWM has a 52-week low of $3.79 and a 52-week high of $7.14. The business has a 50-day simple moving average of $4.99 and a two-hundred day simple moving average of $5.45. The company has a debt-to-equity ratio of 2.40, a quick ratio of 1.45 and a current ratio of 1.45.

UWM (NYSE:UWMC) last posted its earnings results on Wednesday, February 25th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). UWM had a net margin of 0.87% and a negative return on equity of 1.33%. The company had revenue of $945.25 million during the quarter, compared to the consensus estimate of $759.12 million. Research analysts expect that UWM will post 0.2 EPS for the current fiscal year.

Insider Activity

In related news, CEO Ishbia Mat sold 632,874 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $4.03, for a total value of $2,550,482.22. Following the transaction, the chief executive officer owned 3,330,659 shares in the company, valued at approximately $13,422,555.77. This represents a 15.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last ninety days, insiders have sold 20,348,052 shares of company stock worth $103,845,430. Company insiders own 87.50% of the company’s stock.

Institutional Trading of UWM

Several hedge funds have recently made changes to their positions in UWMC. Allworth Financial LP lifted its position in shares of UWM by 5,681.9% during the 3rd quarter. Allworth Financial LP now owns 4,163 shares of the company’s stock valued at $25,000 after buying an additional 4,091 shares during the last quarter. GAMMA Investing LLC boosted its position in UWM by 408.7% during the third quarter. GAMMA Investing LLC now owns 5,407 shares of the company’s stock worth $33,000 after purchasing an additional 4,344 shares during the period. Raymond James Financial Inc. purchased a new position in shares of UWM in the second quarter worth about $35,000. Farther Finance Advisors LLC increased its stake in shares of UWM by 1,410.7% in the fourth quarter. Farther Finance Advisors LLC now owns 8,596 shares of the company’s stock worth $38,000 after purchasing an additional 8,027 shares in the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of UWM in the third quarter valued at approximately $38,000. 53.59% of the stock is currently owned by institutional investors.

Key Headlines Impacting UWM

Here are the key news stories impacting UWM this week:

• Positive Sentiment: Revenue and volume beat — UWM reported roughly $945M in Q4 revenue and its highest quarterly loan origination volume since 2021, showing demand and market‑share execution that support topline momentum. Q4 Results
• Positive Sentiment: Quarterly dividend announced ($0.10/share; ~9% yield) — that payout can attract income‑oriented holders and provide a baseline of demand. Dividend Announcement
• Neutral Sentiment: Analyst note roundups — recent analyst commentaries summarize mixed views after Q4; some maintain overweight/hold ratings while re‑setting targets. These pieces consolidate opinion but don’t move consensus decisively. Benzinga Analysts Roundup Yahoo: What Analysts Are Saying
• Neutral Sentiment: Options flow spike — unusually high call buying was reported around earnings (large volume vs. average). This signals speculative positioning or hedging but is ambiguous for longer‑term direction. Options Activity
• Negative Sentiment: EPS miss and weak margins — reported EPS (~$0.06–$0.08) came below consensus (~$0.09) and net margin/ROE remain pressured; earnings disappointment was a primary trigger for selling. Earnings Call Transcript
• Negative Sentiment: Conservative, wide Q1 guidance — the $650M–$850M revenue band increases near‑term uncertainty and left some analysts and traders disappointed. Call Transcript
• Negative Sentiment: Insider selling — CEO Mat Ishbia sold a sizable block (~632,874 shares on Feb. 25; SEC filing), which amplified negative sentiment despite possible liquidity reasons. SEC Filing
• Negative Sentiment: Price target trims and market reaction — Barclays and Keefe, Bruyette & Woods lowered targets to $6.00 and moved ratings to market‑perform/overweight; the cuts and the EPS miss helped trigger a sharp intraday selloff (reports of a ~12% plunge and a new 12‑month low). MSN: Stock Plunge

About UWM

United Wholesale Mortgage (NYSE: UWMC) is a leading mortgage lender in the United States specializing in the wholesale channel. The company partners with independent mortgage brokers, community banks and credit unions to offer a full suite of residential mortgage products. Through its network of third-party originators, United Wholesale Mortgage underwrites, funds and closes loans, allowing its partners to focus on customer acquisition and service.

The company’s product offerings include conventional fixed- and adjustable-rate mortgages, Federal Housing Administration (FHA) loans, Veterans Affairs (VA) loans, U.S.