$UWMC crazy value here, analyst finally came out yesterday with
a $12 price target. Dividend yield near 5% at these prices. I have
warrants. One of the largest wholesale mortgage companies. As
always, I have the fundamentals to back it up:
UWM Holdings snags Buy rating from
Deutsche Bank on loan production, margins
Deutsche Bank analyst Ashish Sabadra initiates coverage of UWM
Holdings (
UWMC) with a Buy rating and
price target of $12.
"Robust loan production, along with industry-leading gain
margins, delivers solid profitability, and solid cash generation
and shareholder-friendly capital allocation make it an attractive
value proposition," Sabadra writes in a note.
Says UWMC's proprietary technology and focus on service empower
mortgage brokers and are catalysts to accelerate its shift to
wholesale mortgage origination.
Sees that shift, combined with share gains and increasing
services revenue, sustaining an accelerated growth profile.
Also, check this out from the last earnings report, look at the
earnings growth!:
UWM Holdings (NYSE:
UWMC) stock jumps 2.6% in
after-hours trading after the newly public company declares its
first quarterly dividend and
issues guidance for closed loan volume
growth of 23%-34% Y/Y in Q1 2021.
Expects Q1 closed loan volume of $52B-$57B vs. $42.4B in Q1
2020.
Sees total gain margin of 200-235 basis points vs. 95 bps in
the year-ago quarter.
Initiates quarterly dividend of 10 cents per share.
Posts record originations of $54.7B in loan volume in Q4,
rising 71% Y/Y.
Q4 total gain margin of 3.05% increased from 1.10% in the
year-ago quarter.
Q4 comparable net income of $1.00B jumped from $108.7M in Q4
2019.
$UWMC crazy value here, analyst
Posted by fundamentalvalues on 17th of Feb 2021 at 01:09 pm
$UWMC crazy value here, analyst finally came out yesterday with a $12 price target. Dividend yield near 5% at these prices. I have warrants. One of the largest wholesale mortgage companies. As always, I have the fundamentals to back it up:
UWM Holdings snags Buy rating from Deutsche Bank on loan production, margins
Feb. 16, 2021 1:23 PM ET UWM Holdings Corporation (UWMC) By: Liz Kiesche, SA News Editor 3 Comments
Also, check this out from the last earnings report, look at the earnings growth!:
UWMC Needs to find a bottom,
Posted by ridgetopab on 17th of Feb 2021 at 02:02 pm
UWMC
Needs to find a bottom, "smart money" selling -54% period to period and no insiders buying
Increasing mortgage risk a possible concern. One for the watch list.
If it gets cheaper, I'll
Posted by fundamentalvalues on 17th of Feb 2021 at 02:06 pm
If it gets cheaper, I'll increase my position, not going anywhere and been growing since 1986. Love it here. Risk/reward. Warrants for me.