Rocket Companies, Inc. (NYSE:RKT - Free Report) - Wedbush lowered their Q2 2025 earnings estimates for shares of Rocket Companies in a note issued to investors on Tuesday, March 4th. Wedbush analyst J. Mccanless now anticipates that the company will post earnings per share of $0.11 for the quarter, down from their previous estimate of $0.12. Wedbush has a "Neutral" rating and a $13.00 price objective on the stock. The consensus estimate for Rocket Companies' current full-year earnings is $0.15 per share. Wedbush also issued estimates for Rocket Companies' Q3 2025 earnings at $0.12 EPS and FY2025 earnings at $0.47 EPS.
Other analysts also recently issued research reports about the company. Barclays dropped their price target on Rocket Companies from $14.00 to $13.00 and set an "underweight" rating on the stock in a research note on Wednesday, November 13th. The Goldman Sachs Group dropped their target price on Rocket Companies from $16.00 to $14.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 7th. Piper Sandler reduced their price target on Rocket Companies from $17.00 to $16.00 and set a "neutral" rating for the company in a research report on Thursday, November 14th. Morgan Stanley lowered their price objective on shares of Rocket Companies from $16.00 to $13.00 and set an "equal weight" rating on the stock in a report on Thursday, December 19th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Rocket Companies from $10.50 to $12.00 and gave the stock an "underperform" rating in a research report on Monday, March 3rd. Four equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. According to data from MarketBeat, Rocket Companies has an average rating of "Hold" and an average target price of $13.83.
Get Our Latest Stock Report on RKT
Rocket Companies Stock Up 6.1 %
RKT traded up $0.91 during trading on Thursday, hitting $15.76. The company had a trading volume of 7,851,655 shares, compared to its average volume of 3,091,818. The company has a market capitalization of $31.43 billion, a PE ratio of -98.47 and a beta of 2.39. The company has a quick ratio of 15.47, a current ratio of 15.47 and a debt-to-equity ratio of 1.51. Rocket Companies has a one year low of $10.06 and a one year high of $21.38. The firm's 50-day moving average price is $12.41 and its 200 day moving average price is $15.02.
Institutional Investors Weigh In On Rocket Companies
Hedge funds have recently bought and sold shares of the company. Capital Performance Advisors LLP bought a new stake in Rocket Companies in the third quarter valued at approximately $39,000. Itau Unibanco Holding S.A. acquired a new stake in Rocket Companies during the 4th quarter valued at $47,000. KBC Group NV boosted its position in Rocket Companies by 58.1% during the fourth quarter. KBC Group NV now owns 6,056 shares of the company's stock worth $68,000 after purchasing an additional 2,226 shares during the period. Sterling Capital Management LLC boosted its position in Rocket Companies by 57.2% during the fourth quarter. Sterling Capital Management LLC now owns 8,295 shares of the company's stock worth $93,000 after purchasing an additional 3,019 shares during the period. Finally, Caisse Des Depots ET Consignations acquired a new position in shares of Rocket Companies in the fourth quarter valued at $99,000. 4.59% of the stock is currently owned by institutional investors and hedge funds.
Rocket Companies Company Profile
(
Get Free Report)
Rocket Companies, Inc, a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.
Further Reading
Before you consider Rocket Companies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rocket Companies wasn't on the list.
While Rocket Companies currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
