UWM Holdings Corporation Class A Common Stock (UWMC)

FairStock Score: 63/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look first at business quality and consistency. UWM originates and services residential mortgages, mainly through the wholesale channel. Mortgage origination is cyclical, competitive, and capital-intensive; scale helps, but pricing is heavily influenced by interest rates and credit spreads. The filed record is not stable. In FY2023, the company lost $13.2M on $2.2B of revenue. In FY2024, it earned $14.4M on $2.7B of revenue. In FY2025, it earned $27.4M on $3.2B of revenue. But in Q1 2026, it earned $25.3M, and in Q2 2026, it lost $80.6M on $888.0M of revenue, with diluted EPS of -$0.24. One quarter erased the prior year's profit. At the 2026-10-13 close of $1.03, the FairStock calculations show a negative P/E of -10.30, P/B of 2.64, ROE of -7.68%, ROCE of 1.85%, D/E of 16.13, and a Piotroski F-Score of 2/9. The 24.54% dividend yield is a warning sign unless earnings recover quickly. The stock is near the low end of its 52-week range of $0.93-$6.15, and the market cap is $347.7M. The FairStock Lynch category is TURNAROUND, because it returned to profit after a loss within the last three years, but that is not a durable moat. I would want CET1, net interest margin, and credit/underwriting measures, but they are not in this data. A value case depends on the mortgage cycle turning and UWM restoring consistent profitability. At 2.64 times book with negative ROE, the price already assumes repair.

In plain English: UWM Holdings makes and services home loans, mostly through mortgage brokers. Its profits have been uneven: it has had some profitable years, but it lost money in the latest filed quarter and uses a lot of debt. The share price is very low at $1.03, but because earnings are weak and inconsistent, it is not clearly cheap.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer