UWM Holding (UWMC)
NYSE:UWMC
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
0.16Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operational and strategic outlook: strong quarterly volume (+~41% YoY), robust gain‑on‑sale margins (~123 bps), successful in‑house servicing transition efforts, rapid AI deployment (Mia) driving substantial closings and refis, a live BILT partnership, and productive VantageScore rollout. Management also highlighted expense stabilization and an ambitious five‑year $1.3 trillion originations target. Notable risks discussed include market rate volatility and competition, near‑term leverage/ratio fluctuations tied to MSR trades, uncertainty around the Two Harbors transaction, and potential consumer impacts from the trigger lead rule. Overall, the positives (strong growth, margin performance, technology/partnership wins, and clear multi‑year plan) materially outweigh the operational and execution risks noted.Company Guidance
Strong Quarterly Volume and YoY Growth
Q1 originations were about $45 billion versus $32 billion in prior-year Q1, representing roughly a +41% year‑over‑year increase. Management noted Q1 is typically the slowest quarter, making the outperformance notable.
High Gain‑on‑Sale Margins
Reported gain‑on‑sale margin was ~123 basis points in Q1 (about 122 bps in Q4). Management expects margins to remain in current ranges into Q2 with potential upside if rates decline.
Servicing Brought In‑House
Transition to in‑house servicing is underway: fewer than 100,000 loans are on the new platform today, all new loans are being onboarded, and the company expects no subservicers by year‑end. Technology partners include Black Knight and BILT.
AI 'Mia' Driving Closings and Refinances
Mia attributed to approximately 80,000–100,000 closings over the past year and is a major driver of refinance flow: despite having only ~2%–3% of the servicing book, UWM did ~12%–13% of all refinances. Mia has a ~40% call pick‑up rate (e.g., ~16k live picks on a 40k-call day).
BILT Partnership and New Consumer Rewards
Partnership with BILT (over 6 million users) is live and rolling; unique offering allows consumers to earn rewards for making mortgage payments via ACH (no credit card required). BILT’s user base (8%–10% homebuying propensity) provides curated lead opportunities.
Broker Channel Leadership and Market Share Gains
UWM reiterated leadership: #1 originator four straight years and #1 wholesale lender eleven straight years. Pro channel market share was ~44.7%–44.8% last year. Broker channel share roughly doubled from ~14%–15% in early 2020 to ~28% today.
VantageScore Rollout Benefits Consumers and Brokers
Rapid rollout of VantageScore (pilot participation) delivered early wins: broader qualification (e.g., rent inclusion), improved borrower outcomes, potential savings (~$50 per credit report possible), and immediate positive feedback from borrowers and brokers. VA enabled, FHA coming soon.
Expenses Stabilizing with Long‑Term Growth Plan
Management reported expenses declined and are effectively stabilizing (Q1 quarterly run‑rate cited near $590M–$600M). They expect expenses to remain roughly flat even as volume more than doubles over time, and outlined a 5‑year north star of ~$1.3 trillion in mortgages (2027–2031) with ~20%–25% additional other revenue from ancillary products.
UWMC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
UWMC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $3.43 | $3.49 | +1.75% |
Feb 25, 2026 | $4.44 | $4.05 | -8.77% |
Nov 06, 2025 | $5.39 | $4.85 | -10.09% |
Aug 07, 2025 | $3.96 | $4.22 | +6.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does UWM Holding (UWMC) report earnings?
UWM Holding (UWMC) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is UWM Holding (UWMC) earnings time?
UWM Holding (UWMC) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UWMC EPS forecast?
UWMC EPS forecast for the fiscal quarter 2026 (Q2) is 0.11.