UWM Holdings Q3 revenue beats estimates on increased daily loan submissions

UWM Holdings

06/11/2025 13:39

Overview

UWM Holdings Q3 revenue of $843.3 mln beats analyst expectations

Loan origination volume in Q3 2025 reaches $41.7 bln, highest since 2021

Adjusted EPS for Q3 2025 misses analyst estimates

Outlook

Company anticipates Q4 loan origination volume between $43 bln and $50 bln

Company expects Q4 gain margin from 105 to 130 basis points

Result Drivers

RATE RALLY - Brief rate rally contributed to record rate locks and increased daily loan submissions

AI ASSISTANT - Mia, AI Loan Officer Assistant, generated over 14,000 loans for brokers

SERVICING IN-HOUSE - On track to bring servicing in-house, enhancing consumer experience through BILT partnership

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$843.25 mln
$702.50 mln (2 Analysts)
Q3 Adjusted EPS
Miss
$0.01
$0.07 (7 Analysts)
Q3 EPS
-$0.01
Q3 Adjusted Net Income
$9.62 mln
Q3 Net Income
$12.09 mln
Q3 Adjusted EBITDA
$211.07 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the consumer lending peer group is "buy."

Wall Street's median 12-month price target for UWM Holdings Corp is $6.50, about 12.9% above its November 5 closing price of $5.66

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw2fQRYxa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)