Earnings Scheduled For August 9, 2022
Companies Reporting Before The Bell
• Cognition Therapeutics (NASDAQ:CGTX) is estimated to report earnings for its second quarter.
As Mortgage Demand Is Slashed Due To Rising Rates, So Are The Valuations Of These Companies
Between June 10 and 17, 11 publicly traded mortgage companies saw their market value decline by a combined $6.14 billion.
Expert Ratings for UWM Hldgs
UWM Hldgs (NYSE:UWMC) has observed the following analyst ratings within the last quarter:
Barclays Maintains Equal-Weight on UWM Hldgs, Lowers Price Target to $4
Barclays analyst Mark Devries maintains UWM Hldgs (NYSE:UWMC) with a Equal-Weight and lowers the price target from $5 to $4.
Looking Into UWM Holdings’s Return On Capital Employed
According to Benzinga Pro, during Q1, UWM Holdings (NYSE:UWMC) earned $453.29 million, a 89.01% increase from the preceding quarter. UWM Holdings also posted a total of $821.79 million in sales, a 35.73% increase since Q4.
Here’s What Jim Cramer Has To Say About Realty Income, Energy Transfer And More
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Energy Transfer LP (NYSE: ET) is "worth owning, because that whole group is going up and going up big."
JMP Securities Maintains Market Outperform on UWM Hldgs, Lowers Price Target to $5
JMP Securities analyst Steven Delaney maintains UWM Hldgs (NYSE:UWMC) with a Market Outperform and lowers the price target from $6 to $5.