When is UWM Holdings Corporation (UWMC) going to be good investment?
UWM Holdings Corporation (NYSE:UWMC) has a beta value of 0 and has seen 4,480,744 shares traded in the last trading session. The company, currently valued at $12.86 Billion, closed the last trade at $8.01 per share which meant it lost -$0.21 on the day or -2.55% during that session. The UWMC stock price is -79.53% off its 52-week high price of $14.38 and 21.97% above the 52-week low of $6.25. If we look at the companys 10-day average daily trading volume, we find that it stood at 4.44 Million shares traded. The 3-month trading volume is 6.02 Million shares. The consensus among analysts is that UWM Holdings Corporation (UWMC) is an Overweight stock at the moment, with a recommendation rating of 2.4. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 5 out of 9 have rated it as a Hold, with 4 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.08. UWM Holdings Corporation (NYSE:UWMC) trade information  Despite being -2.55% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jun 28 when the UWMC stock price touched $9.55-1 or saw a rise of 16.13%. Year-to-date, UWM Holdings Corporation shares have moved -38.99%, while the 5-day performance has seen it change -14.79%. Over the past 30 days, the shares of UWM Holdings Corporation (NYSE:UWMC) have changed -11.1%. Short interest in the company has seen 11.31 Million shares shorted with days to cover at 1.88. Wall Street analysts have a consensus price target for the stock at $9.25, which means that the shares value could jump 15.48% from current levels. The projected low price target is $7.5 while the price target rests at a high of $12. In that case, then, we find that the current price level is +49.81% off the targeted high while a plunge would see the stock lose -6.37% from current levels. UWM Holdings Corporation (UWMC) estimates and forecasts  Earnings growth for 2021 is a modest +354.5% while over the next 5 years, the companys earnings are expected to increase by 79.59%. UWM Holdings Corporation (NYSE:UWMC)s Major holders  Insiders own 12.8% of the company shares, while shares held by institutions stand at 20.99% with a share float percentage of 24.07%. Investors are also buoyed by the number of investors in a company, with UWM Holdings Corporation having a total of 110 institutions that hold shares in the company. The top two institutional holders are King Street Capital Management, LP with over 7.1 Million shares worth more than $56.3 Million. As of March 30, 2021, King Street Capital Management, LP held 6.89% of shares outstanding. The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 3.34 Million shares as of March 30, 2021. The firms total holdings are worth over $26.52 Million and represent 3.24% of shares outstanding. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  Also the top two Mutual Funds that are holding companys shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of March 30, 2021, the former fund manager holds about 2.3% shares in the company for having 2373200 shares of worth $18.82 Million while later fund manager owns 787Thousand shares of worth $6.24 Million as of March 30, 2021, which makes it owner of about 0.76% of companys outstanding stock.