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Rocket Companies (RKT)
NYSE:RKT
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RKT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$10.06 - $21.38
Previous CloseN/A
Volume777.71K
Average Volume (3M)3.26M
Market Cap
$23.42B
Enterprise Value$60.19B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta2.22
Next Earnings
Feb 20, 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. Volume3,314,848
30 Day Avg. Volume3,255,614
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)5.74
Price to Cash Flow (P/CF)-4.40
P/FCF Ratio0.00
Enterprise Value/Market Cap2.57
Enterprise Value/Revenue19.96
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$13.42Price Target Upside13.06% Upside
Rating ConsensusHold
Number of Analyst Covering13
Rocket Companies News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRocket Companies reported year-over-year increases in both its DTC channel and partner channel, showcasing strong growth momentum.
Market PositionRocket Companies continues to gain market share in both refinancing and purchase segments, solidifying its position as a leader in the industry.
Technology And InnovationRocket has developed an integrated, end-to-end technology platform that is streamlining originations and disrupting a $2T market.
Bears Say
Interest RatesInterest 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.
ValuationThe current valuation at 24x consensus 2025e EPS is considered too rich.
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Ownership Overview
3.46% Insiders
27.11% Mutual Funds
0.10% Other Institutional Investors
56.17% 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’s price range in the past 12 months?
Rocket Companies lowest stock price was $10.06 and its highest was $21.38 in the past 12 months.
What is Rocket Companies’s market cap?
Rocket Companies’s market cap is $23.42B.
When is Rocket Companies’s upcoming earnings report date?
Rocket Companies’s upcoming earnings report date is Feb 20, 2025 which is in 30 days.
How were Rocket Companies’s earnings last quarter?
Rocket Companies 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 overvalued?
According to Wall Street analysts Rocket Companies’s price is currently Undervalued.
Does Rocket Companies pay dividends?
Rocket Companies pays a Annually dividend of $1.009 which represents an annual dividend yield of N/A. See more information on Rocket Companies dividends here
What is Rocket Companies’s EPS estimate?
Rocket Companies’s EPS estimate is 0.03.
How many shares outstanding does Rocket Companies have?
Rocket Companies has 145,835,240 shares outstanding.
What happened to Rocket Companies’s price movement after its last earnings report?
Rocket Companies 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?
Currently, no hedge funds are holding shares in RKT
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Rocket Companies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$13.42 (13.06% Upside)
$13.42 (13.06% Upside)
Blogger Sentiment
Bullish
RKT Sentiment 60%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 138.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 5.4%
Last 30 Days ▲ 5.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
3.39%
12-Months-Change
Fundamentals
Return on Equity
-2.39%
Trailing 12-Months
Asset Growth
21.64%
Trailing 12-Months
Company Description
Rocket Companies
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
$13.42
▲(13.06% Upside)
Technical Analysis
PennyMac Financial
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Best Analysts Covering RKT
1 Year
1 Year Success Rate
11/18 ratings generated profit
1 Year Average Return
+7.74%
reiterated a sell rating last month
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 +7.74% per trade.
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