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Rocket Companies Inc (RKT)
:RKT
RKT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$10.06 - $21.38
Previous CloseN/A
Volume777.71K
Average Volume (3M)3.09M
Market Cap
$25.39B
Enterprise Value$60.19B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta2.11
Next Earnings
Feb 27, 2025EPS Estimate
0.03Last Dividend Ex-Date
Mar 07, 2022Dividend YieldN/A
Share Statistics
EPS (TTM)-0.15
Shares Outstanding145,835,240
10 Day Avg. Volume2,724,742
30 Day Avg. Volume3,094,955
Standard Deviation0.17
R-Squared0.46
Alpha-0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)6.41
Price to Cash Flow (P/CF)-4.90
P/FCF Ratio0.00
Enterprise Value/Market Cap2.37
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit17.18
Enterprise Value/Ebitda205.01
Forecast
1Y Price Target
$12.19Price Target Upside-4.24% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering8
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Bulls Say, Bears Say
Bulls Say
Financial StabilityRocket Companies received an investment grade rating from Fitch, which is a positive for their funding.
Market PerformanceRocket Companies continues to gain market share in both refinancing and purchase segments.
Technology And InnovationRocket has developed an integrated, end-to-end technology platform that is streamlining originations and disrupting a $2T market.
Bears Say
Interest Rate ImpactInterest rates are up, putting pressure on the shares of Rocket Companies.
Revenue OutlookThe 4Q revenue guide came in worse than expected, significantly below consensus estimates.
Valuation ConcernsThe current valuation at 24x consensus 2025e EPS is considered too rich.
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Ownership Overview
3.46% Insiders
27.11% Mutual Funds
9.37% Other Institutional Investors
46.53% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RKT FAQ
What was Rocket Companies Inc’s price range in the past 12 months?
Rocket Companies Inc lowest stock price was $10.06 and its highest was $21.38 in the past 12 months.
What is Rocket Companies Inc’s market cap?
Rocket Companies Inc’s market cap is $25.39B.
When is Rocket Companies Inc’s upcoming earnings report date?
Rocket Companies Inc’s upcoming earnings report date is Feb 27, 2025 which is in 6 days.
How were Rocket Companies Inc’s earnings last quarter?
Rocket Companies Inc released its earnings results on Nov 12, 2024. The company reported $0.08 earnings per share for the quarter, the consensus estimate of $0.08 by $0.
Is Rocket Companies Inc overvalued?
According to Wall Street analysts Rocket Companies Inc’s price is currently Overvalued.
Does Rocket Companies Inc pay dividends?
Rocket Companies Inc pays a Annually dividend of $1.009 which represents an annual dividend yield of N/A. See more information on Rocket Companies Inc dividends here
What is Rocket Companies Inc’s EPS estimate?
Rocket Companies Inc’s EPS estimate is 0.03.
How many shares outstanding does Rocket Companies Inc have?
Rocket Companies Inc has 145,835,240 shares outstanding.
What happened to Rocket Companies Inc’s price movement after its last earnings report?
Rocket Companies Inc reported an EPS of $0.08 in its last earnings report, expectations of $0.08. Following the earnings report the stock price went down -9.073%.
Which hedge fund is a major shareholder of Rocket Companies Inc?
Currently, no hedge funds are holding shares in RKT
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Rocket Companies Stock Smart Score
Neutral
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Analyst Consensus
Moderate Sell
Average Price Target:
$12.19 (-4.24% Downside)
$12.19 (-4.24% Downside)
Blogger Sentiment
Neutral
RKT Sentiment 50%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 332.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.5%
Last 30 Days ▼ 5.7%
Last 30 Days ▼ 5.7%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
14.17%
12-Months-Change
Fundamentals
Return on Equity
-2.39%
Trailing 12-Months
Asset Growth
21.64%
Trailing 12-Months
Company Description
Rocket Companies Inc
Rocket Companies, Inc. is a personal finance company which helps its clients achieve the American dream of home ownership and financial freedom. Its flagship company, Rocket Mortgage, is the nation’s largest mortgage lender. The company’s other personal finance and consumer service brands include Rocket Homes, Rocket Loans, Rocket Auto, Amrock, Core Digital Media, Rock Connections, Rock Central, Lendesk and Edison Financial.
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RKT Company Deck
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RKT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected optimism with significant achievements in market share growth, financial performance, and technological advancements. Despite challenges with high mortgage rates and market volatility, the company remains confident in its strategic approach and future outlook.Read More>---
RKT Stock 12 Month Forecast
Average Price Target
$12.19
▼(-4.24% Downside)
Technical Analysis
Best Analysts Covering RKT
1 Year
1 Year Success Rate
11/18 ratings generated profit
1 Year Average Return
+2.47%
reiterated a sell rating 2 months ago
Copying Richard Shane's trades and holding each position for 1 Year would result in 61.11% of your transactions generating a profit, with an average return of +2.47% per trade.
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