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Rocket Companies (RKT)
NYSE:RKT
Holding RKT?
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RKT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.81 - $21.38
Previous Close$13.6
Volume3.76M
Average Volume (3M)3.47M
Market Cap
$27.13B
Enterprise Value$47.81B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$12.98B
Price to Earnings (P/E)―
Beta2.17
Next Earnings
Feb 20, 2025EPS Estimate
$0.03Last Dividend Ex-Date
Mar 07, 2022Dividend YieldN/A
Share Statistics
EPS (TTM)-0.15
Shares Outstanding1,994,714,718
10 Day Avg. Volume4,929,517
30 Day Avg. Volume3,472,337
Standard Deviation0.17
R-Squared0.48
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)35.79
Price to Sales (P/S)6.68
Price to Cash Flow (P/CF)-5.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.85
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$15.55Price Target Upside14.34% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering11
Rocket Companies News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRKT reported year-over-year increases in both its DTC channel (+16.9% Y/Y to $14.0B) and partner channel (+20.7% Y/Y to $12.4B).
Market Share ExpansionRocket 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
Market SensitivityRKT is trading at ~35x consensus ‘25e EPS, which is overextended compared to peers in the consumer finance landscape given execution risk, competition, and interest rate sensitivity.
Revenue ExpectationsThe 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
24.81% Mutual Funds
14.31% Other Institutional Investors
44.80% 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 $8.81 and its highest was $21.38 in the past 12 months.
What is Rocket Companies’s market cap?
Currently, no data Available
When is Rocket Companies’s upcoming earnings report date?
Rocket Companies’s upcoming earnings report date is Feb 20, 2025 which is in 89 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 $1.01 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?
Among the largest hedge funds holding Rocket Companies’s share is Davis Selected Advisers. It holds Rocket Companies’s shares valued at 44M.
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Rocket Companies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$15.55 (14.34% Upside)
$15.55 (14.34% Upside)
Blogger Sentiment
Bullish
RKT Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 29.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.60%
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
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RKT Stock 12 Month Forecast
Average Price Target
$15.55
▲(14.34% Upside)
Technical Analysis
Best Analysts Covering RKT
1 Year
1 Year Success Rate
6/16 ratings generated profit
1 Year Average Return
-5.01%
reiterated a sell rating 11 days ago
Copying Richard Shane's trades and holding each position for 1 Year would result in 37.50% of your transactions generating a profit, with an average return of -5.01% per trade.
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