$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

    • 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.
    • UWM Holdings initiated a dividend earlier in the month and issued guidance for strong loan volume growth in Q1.


    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.
    • Conference callon Feb. 4 at 10:00 AM ET.

    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. 

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