UWM Holdings Shares Up After Boosted Revenue Outlook Beats Estimates

Dow Jones03-11

By Amira McKee

Shares of UWM Holdings climbed after the company guided for first-quarter and full-year revenue that exceeded Wall Street's estimates.

The stock jumped 7.2% to $4.17 in Tuesday afternoon trading. The shares have retreated 31% in the past year.

The indirect parent of United Wholesale Mortgage expects to log revenue between $800 million and $900 million for the first quarter, up from previous guidance of $650 million and $850 million. For fiscal year 2026, the company anticipates revenue between $3.5 billion and $4.5 billion.

The outlook exceeds Wall Street's forecasts for revenue of $669.6 million for the first quarter and $3.13 billion for the full year, according to FactSet.

Chief Executive Officer Mat Ishbia said the guidance excludes the in-progress acquisition of Two Harbors Investment and reflects strong core business fundamentals.

Write to Amira McKee at amira.mckee@wsj.com

(END) Dow Jones Newswires

March 10, 2026 13:11 ET (17:11 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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