UWM Holdings Corporation Announces Fourth Quarter & Full Year 2023 Results [Yahoo! Finance]
UWM Holdings Corporation Class A (UWMC)
Company Research
Source: Yahoo! Finance
PONTIAC, Mich., February 28, 2024 BUSINESS WIRE UWM Holdings Corporation (NYSE: UWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage ("UWM"), today announced its results for the fourth quarter and full year ended December 31, 2023. Total loan origination volume for the fourth quarter 2023 was $24.4 billion, of which $20.7 billion was purchase volume. Total loan originations for full year 2023 were $108.3 billion, of which $93.9 billion was purchase volume. The Company reported 4Q23 net loss of $461.0 million, inclusive of a $634.4 million decline in fair value of MSRs, and diluted loss per share of $0.29. The Company reported full year 2023 loss of $69.8 million, inclusive of a $854.1 million decline in fair value of MSRs, and diluted loss per share of $0.14. Mat Ishbia, Chairman and CEO of UWMC, said, "2023 was one of the best years in our company history. We were the number one mortgage originator in America, number one in purchase origination a
Show less
Read more
Impact Snapshot
Event Time:
UWMC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UWMC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UWMC alerts
High impacting UWM Holdings Corporation Class A news events
Weekly update
A roundup of the hottest topics
UWMC
News
- Levi & Korsinsky Reminds UWM Holdings Corporation Investors of the Ongoing Investigation into Potential Violations of Securities Laws - UWMCAccesswire
- UWM Holdings Corporation (UWMC) Reports Next Week: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
- UWM Holdings Corporation Announces Q1 2024 Earnings Conference CallBusiness Wire
- UWMC ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you Lost Money on your UWM Holdings Corporation InvestmentAccesswire
- UWMC ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of UWM Holdings Corporation Shareholders Who Lost MoneyAccesswire
UWMC
Earnings
- 2/28/24 - Miss
UWMC
Analyst Actions
- 4/9/24 - Keefe, Bruyette & Woods
UWMC
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- UWMC's page on the SEC website