Walk through the cascade of pressures on the mortgage industry and UWMC: elevated rates, 10b5-1 selling plan, and a $603 million hedge loss tied to the failed Two Harbors deal that's driven the stock down nearly 70% YTD. The core business remained profitable underneath the Q2 loss, but the over-hedged derivatives and subsequent Oaktree Capital preferred raise have left common shareholders like myself with a much longer recovery timeline. Real progress on the preferred pay down, sustained operating results, and eventual restoration of capital returns will determine whether UWM can reclaim a healthier valuation of itself.
UWM NYSE: UWMC said it generated more than $180 million in adjusted EBITDA and approximately $40 billion of business during the second quarter, while outlining a proposed capital partnership with Oaktree and plans to suspend its regular dividend.
"We're taking decisive action to make UWM stronger, more liquid and better positioned to win for years to come," CEO Mat Ishbia said in a statement.
UWM Holdings Corporation (UWMC) Q2 2026 Earnings Call Transcript
UWM Holdings Corporation (UWMC) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of $0.07. This compares to earnings of $0.16 per share a year ago.
UWM (UWMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Even a good company can be a bad investment if you pay too much for the stock. The same sentiment is true for companies when they make acquisitions.
UWM Holdings has seen its shares fall to lifetime lows amid macro-driven and M&A headwinds. Q1 earnings results showed strong recovery as revenues soared and EPS beat expectations. UWM Holdings trades at just 5.4x forward earnings and offers a huge dividend that should be sustainable based on current EPS estimates.
UWM Holdings Corporation (UWMC) Q1 2026 Earnings Call Transcript
UWM Holdings Corporation (UWMC) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to a loss of $0.23 per share a year ago.
UWM (UWMC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
2,001,148 Class A shares were indirectly sold for a total value of approximately $7.49 million across two days at a weighted average price of around $3.75 per share. This disposition represented 12.72% of Ishbia's total disclosed holdings at the time of the transaction.