Lowest-Rated StocksLowest-RatedNYSE:RKT Rocket Companies (RKT) Stock Price, News & Analysis → Incredible Opportunity to Retire FAST! (From Crypto 101 Media) (Ad) Free RKT Stock Alerts $13.99 +0.18 (+1.30%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$13.93▼$14.4750-Day Range$11.39▼$14.5552-Week Range$7.17▼$15.19Volume2.95 million shsAverage Volume2.47 million shsMarket Capitalization$27.78 billionP/E Ratio127.19Dividend YieldN/APrice Target$10.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Rocket Companies alerts: Email Address Rocket Companies MarketRank™ Stock AnalysisAnalyst RatingReduce1.57 Rating ScoreUpside/Downside24.3% Downside$10.60 Price TargetShort InterestHealthy15.38% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.57Based on 28 Articles This WeekInsider TradingAcquiring Shares$75,250 Bought Last QuarterProj. Earnings Growth107.69%From $0.26 to $0.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.55 out of 5 starsBusiness Services Sector178th out of 313 stocksMortgage Bankers & Correspondents Industry4th out of 7 stocks 1.8 Analyst's Opinion Consensus RatingRocket Companies has received a consensus rating of Reduce. The company's average rating score is 1.57, and is based on no buy ratings, 8 hold ratings, and 6 sell ratings.Amount of Analyst CoverageRocket Companies has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Rocket Companies' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted15.38% of the float of Rocket Companies has been sold short.Short Interest Ratio / Days to CoverRocket Companies has a short interest ratio ("days to cover") of 7.8.Change versus previous monthShort interest in Rocket Companies has recently decreased by 7.15%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldRocket Companies does not currently pay a dividend.Dividend GrowthRocket Companies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RKT. Previous Next 2.5 News and Social Media Coverage News SentimentRocket Companies has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 28 news articles for Rocket Companies this week, compared to 4 articles on an average week.Search InterestOnly 24 people have searched for RKT on MarketBeat in the last 30 days. This is a decrease of -4% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Rocket Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rocket Companies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $75,250.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders94.05% of the stock of Rocket Companies is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.59% of the stock of Rocket Companies is held by institutions.Read more about Rocket Companies' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Rocket Companies are expected to grow by 107.69% in the coming year, from $0.26 to $0.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rocket Companies is 127.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.20.Price to Earnings Ratio vs. SectorThe P/E ratio of Rocket Companies is 127.19, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 35.95.Price to Earnings Growth RatioRocket Companies has a PEG Ratio of 10.36. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRocket Companies has a P/B Ratio of 3.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Rocket Companies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeGold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! About Rocket Companies Stock (NYSE:RKT)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. It also offers Core Digital Media, a online marketing platform in the mortgage and personal financial product sectors; Rocket Money, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a software services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; Rock Connections, a sales and support platform specializing in contact center services; and Rocket Innovation Studio that recruits and mentors top technology talent. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. The company operates as a subsidiary of Rock Holdings Inc.Read More RKT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RKT Stock News HeadlinesMay 7, 2024 | americanbankingnews.comRocket Companies (NYSE:RKT) PT Raised to $11.00May 6, 2024 | pymnts.comRocket Companies Hires Shawn Malhotra to Drive ‘AI-Fueled Homeownership'May 8, 2024 | Unstoppable Prosperity (Ad)“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. May 6, 2024 | prnewswire.comRocket Companies Hires AI Innovator Shawn Malhotra as Chief Technology OfficerMay 5, 2024 | americanbankingnews.comRocket Companies (NYSE:RKT) PT Raised to $14.00May 5, 2024 | americanbankingnews.comRocket Companies (NYSE:RKT) Stock Rating Reaffirmed by WedbushMay 4, 2024 | sg.finance.yahoo.comRocket Companies Inc (RKT) Q1 2024 Earnings Call Transcript Highlights: Strategic Growth and ...May 4, 2024 | finance.yahoo.comRocket Companies First Quarter 2024 Earnings: Beats ExpectationsMay 8, 2024 | Unstoppable Prosperity (Ad)“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. May 3, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Rocket Companies (RKT) and Stronghold Digital Mining (SDIG)May 3, 2024 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: Rocket Companies (RKT), Trupanion (TRUP) and Apollo Global Management (APO)May 3, 2024 | finance.yahoo.comRocket Companies, Inc. (NYSE:RKT) Q1 2024 Earnings Call TranscriptMay 3, 2024 | finance.yahoo.comHeard on the Street: Rocket Manages Lending Lift Despite Soaring Mortgage RatesMay 3, 2024 | fool.comRocket Companies (RKT) Q1 2024 Earnings Call TranscriptMay 2, 2024 | msn.comNASA selects 9 companies to work on low-cost Mars projectsMay 2, 2024 | detroitnews.comRocket earnings rebound in first quarterMay 2, 2024 | sfgate.comRocket Companies: Q1 Earnings SnapshotMay 2, 2024 | msn.comRocket Companies Q1 earnings beat as loan originations top $20BMay 2, 2024 | finance.yahoo.comRocket Companies Inc (RKT) Surpasses Q1 Revenue Forecasts with Strong Earnings GrowthMay 2, 2024 | prnewswire.comRocket Companies Announces First Quarter 2024 ResultsApril 30, 2024 | seekingalpha.comRocket Lab: Winning Contracts And Neutron Coming, Prepare For TakeoffApril 24, 2024 | investorplace.comDump These 3 Stock Duds Before the Market Mayhem IntensifiesApril 23, 2024 | prnewswire.comRocket Companies Introduces Rocket Logic - Synopsis AI Tool to Analyze and Transcribe Calls, Personalizing Client InteractionsApril 23, 2024 | bizjournals.comCapital Region video game company to start multiple studios under new structureApril 20, 2024 | uk.investing.comRocket companies director buys shares worth $4,381April 18, 2024 | prnewswire.comRocket Companies to Announce First Quarter 2024 Results on May 2April 16, 2024 | finance.yahoo.comRocket Mortgage Celebrates the Everyday Dreammate: Inspiring Fans and Bringing Dreams to Life During the NFL Draft in DetroitSee More Headlines Receive RKT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rocket Companies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/22/2024Today5/07/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Mortgage bankers & correspondents Sub-IndustryN/A Current SymbolNYSE:RKT CUSIPN/A CIK1805284 Webwww.rocketcompanies.com Phone313-373-7990FaxN/AEmployees14,700Year Founded1985Price Target and Rating Average Stock Price Target$10.60 High Stock Price Target$14.00 Low Stock Price Target$6.00 Potential Upside/Downside-26.1%Consensus RatingReduce Rating Score (0-4)1.57 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$0.11 Trailing P/E Ratio127.56 Forward P/E Ratio53.96 P/E Growth10.36Net Income$-15,510,000.00 Net Margins0.43% Pretax Margin6.90% Return on Equity-1.05% Return on Assets-0.43% Debt Debt-to-Equity Ratio1.20 Current Ratio12.83 Quick Ratio9.78 Sales & Book Value Annual Sales$3.80 billion Price / Sales7.33 Cash FlowN/A Price / Cash FlowN/A Book Value$4.18 per share Price / Book3.36Miscellaneous Outstanding Shares1,985,640,000Free Float118,146,000Market Cap$27.86 billion OptionableOptionable Beta2.43 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Daniel B. Gilbert (Age 62)Founder & Chairman of the Board Mr. Varun Krishna (Age 41)CEO & Director Mr. William C. Emerson (Age 61)President, COO & Director Mr. Noah Edwards (Age 40)Chief Accounting Officer Ms. Sharon NgVice President of Investor RelationsMr. Jonathan Mildenhall (Age 56)Chief Marketing Officer Ms. KimArie YowellChief Diversity OfficerMr. William BanfieldChief Risk Officer of Rocket MortgageMs. LaQuanda SainExecutive Vice President-Servicing of Rocket MortgageMr. Brian WoodringChief Information Officer of Rocket MortgageMore ExecutivesKey CompetitorsLPL FinancialNASDAQ:LPLAMSCINYSE:MSCIMoody'sNYSE:MCOBetter Home & FinanceNASDAQ:BETRWFederal Agricultural MortgageNYSE:AGMView All CompetitorsInsiders & InstitutionsSwiss National BankBought 9,300 shares on 5/7/2024Ownership: 0.012%Wealthspire Advisors LLCSold 116,239 shares on 5/7/2024Ownership: 0.004%Sei Investments Co.Sold 10,474 shares on 5/7/2024Ownership: 0.003%Quantbot Technologies LPBought 77,833 shares on 5/6/2024Ownership: 0.006%Brooktree Capital ManagementSold 4,727 shares on 5/6/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions RKT Stock Analysis - Frequently Asked Questions Should I buy or sell Rocket Companies stock right now? 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rocket Companies in the last twelve months. There are currently 6 sell ratings and 8 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" RKT shares. View RKT analyst ratings or view top-rated stocks. What is Rocket Companies' stock price target for 2024? 14 brokerages have issued 12 month price objectives for Rocket Companies' stock. Their RKT share price targets range from $6.00 to $14.00. On average, they expect the company's share price to reach $10.60 in the next year. This suggests that the stock has a possible downside of 24.3%. View analysts price targets for RKT or view top-rated stocks among Wall Street analysts. How have RKT shares performed in 2024? Rocket Companies' stock was trading at $14.48 at the beginning of the year. Since then, RKT stock has decreased by 3.4% and is now trading at $13.99. View the best growth stocks for 2024 here. When is Rocket Companies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our RKT earnings forecast. How were Rocket Companies' earnings last quarter? Rocket Companies, Inc. (NYSE:RKT) issued its earnings results on Thursday, February, 22nd. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by $0.01. The company had revenue of $885 million for the quarter, compared to analysts' expectations of $762.44 million. Rocket Companies had a net margin of 0.43% and a negative trailing twelve-month return on equity of 1.05%. The firm's quarterly revenue was up 29.6% on a year-over-year basis. During the same period in the previous year, the company posted ($0.12) EPS. What ETFs hold Rocket Companies' stock? ETFs with the largest weight of Rocket Companies (NYSE:RKT) stock in their portfolio include Adaptiv Select ETF (ADPV), Davis Select Financial ETF (DFNL), Global X PropTech ETF (PTEC), First Trust US Equity Opportunities ETF (FPX), Point Bridge America First ETF (MAGA) and ETC 6 Meridian Quality Growth ETF (SXQG).SPDR S&P Kensho New Economies Composite ETF (KOMP) and When did Rocket Companies' stock split? Shares of Rocket Companies split on the morning of Thursday, August 28th 2014. The 2-1 split was announced on Monday, July 28th 2014. The newly minted shares were issued to shareholders after the closing bell on Wednesday, August 27th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What guidance has Rocket Companies issued on next quarter's earnings? Rocket Companies issued an update on its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.3 billion. What other stocks do shareholders of Rocket Companies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Rocket Companies investors own include Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Boeing (BA), Block (SQ), DraftKings (DKNG), Zoom Video Communications (ZM), NIO (NIO), Walmart (WMT) and DocuSign (DOCU). When did Rocket Companies IPO? Rocket Companies (RKT) raised $3.2 billion in an initial public offering on Thursday, August 6th 2020. The company issued 150,000,000 shares at $20.00-$22.00 per share. Goldman Sachs, Morgan Stanley, Credit Suisse, J.P. Morgan, RBC Capital Markets, Allen & Co, BofA Securities, Barclays, Citigroup and UBS Investment Bank served as the underwriters for the IPO and Castle Oak Securities, Drexel Hamilton, Fifth Third Securities, Huntington Capital Markets, Loop Capital, Mischler Financial, Nomura, Ramirez & Co., Siebert Williams Shank and Zelman Partners were co-managers. Who are Rocket Companies' major shareholders? Rocket Companies' stock is owned by a number of retail and institutional investors. Top institutional investors include Greylin Investment Management Inc (0.01%), Swiss National Bank (0.01%), Simplex Trading LLC (0.00%), Quantbot Technologies LP (0.01%), Brooktree Capital Management (0.01%) and Wealthspire Advisors LLC (0.00%). Insiders that own company stock include Jay Farner, Jonathan D Mariner and Matthew Rizik. View institutional ownership trends. How do I buy shares of Rocket Companies? Shares of RKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Rocket Companies have any subsidiaries? The following companies are subsidiares of Rocket Companies: Amrock LLC, Rocket Mortgage LLC, and Truebill.Read More This page (NYSE:RKT) was last updated on 5/8/2024 by MarketBeat.com Staff From Our PartnersShocking: One AI startup's revenue could surge 4,735%Manward PressThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorGold Set to EXPLODE!Gold Safe ExchangeConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsAI “wealth window” is closing June 25thParadigm Press[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsStock-Picking AI Predicts #1 Stock of 2024AltimetryElon Musk Secret Crypto Plot ExposedCrypto 101 Media Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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