What is Wall Street's Target Price for UWM Holdings Corp (UWMC) Stock Thursday?

Analysts who follow UWM Holdings Corp (UWMC) on average expect it to decline -5.51% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns the stock an Analyst Ranking of 3, which means it ranks higher than 3 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating UWMC a Hold today. Find out what this means to you and get the rest of the rankings on UWMC!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With UWM Holdings Corp Stock Today?

UWM Holdings Corp (UWMC) stock is lower by -0.39% while the S&P 500 has gained 0.3% as of 1:10 PM on Thursday, Feb 29. UWMC is down -$0.03 from the previous closing price of $6.37 on volume of 690,606 shares. Over the past year the S&P 500 has gained 28.69% while UWMC has gained 38.04%. UWMC earned $0.11 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 58.74. Click Here to get the full Stock Report for UWM Holdings Corp stock.