Overview

* UWM Holdings ( UWMC ) 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/Mis Actual Consensu

s s

Estimate

Q3 Beat $843.25 $702.50

Revenue mln mln (2

Analysts

)

Q3 Miss $0.01 $0.07 (7

Adjusted Analysts

EPS )

Q3 EPS -$0.01

Q3 $9.62

Adjusted mln

Net

Income

Q3 Net $12.09

Income mln

Q3 $211.07

Adjusted mln

EBITDA

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 ( UWMC ) 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:

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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.)