Lowest-Rated StocksLowest-RatedNYSE:RKT Rocket Companies (RKT) Stock Price, News & Analysis $16.61 +0.20 (+1.22%) (As of 03:45 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Rocket Companies Stock (NYSE:RKT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$16.33▼$16.7550-Day Range$16.33▼$20.8152-Week Range$7.17▼$21.38Volume798,648 shsAverage Volume2.80 million shsMarket Capitalization$33.04 billionP/E Ratio237.32Dividend YieldN/APrice Target$14.89Consensus RatingReduce Company OverviewRocket 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… Musk Says ‘Dollar Will Be Worth Nothing…’ (Ad)Elon Musk just issued an urgent warning… It's no secret that Musk is able to move markets with his words…All you have to do is claim your free ticket to the event now… Rocket Companies Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks24th Percentile Overall ScoreRKT MarketRank™: Rocket Companies scored higher than 24% of companies evaluated by MarketBeat, and ranked 816th out of 899 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.8 / 5Analyst RatingReduce Consensus RatingRocket Companies has received a consensus rating of Reduce. The company's average rating score is 1.55, and is based on no buy ratings, 6 hold ratings, and 5 sell ratings.Amount of Analyst CoverageRocket Companies has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Rocket Companies' stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth169.57% Earnings GrowthEarnings for Rocket Companies are expected to grow by 169.57% in the coming year, from $0.23 to $0.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rocket Companies is 237.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 129.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Rocket Companies is 237.18, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 50.87.Price to Book Value per Share RatioRocket Companies has a P/B Ratio of 3.97. 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. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted15.00% 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 5.2.Change versus previous monthShort interest in Rocket Companies has recently increased by 10.58%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldRocket Companies does not currently pay a dividend.Dividend GrowthRocket Companies does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted15.00% 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 5.2.Change versus previous monthShort interest in Rocket Companies has recently increased by 10.58%, indicating that investor sentiment is decreasing significantly. News and Social Media1.2 / 5News Sentiment0.22 News SentimentRocket Companies has a news sentiment score of 0.22. 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 lower news sentiment than the 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Rocket Companies this week, compared to 5 articles on an average week.Search InterestOnly 13 people have searched for RKT on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Rocket Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Rocket Companies insiders have not sold or bought any company stock.Percentage Held by Insiders93.07% 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. RKT Stock News HeadlinesReviewing Rocket Companies (NYSE:RKT) & Onity Group (NYSE:ONIT)October 22 at 3:01 AM | americanbankingnews.comRocket Cos. Inc. stock remains steady Friday, underperforms marketOctober 18, 2024 | marketwatch.comThe gold trades I'm making right nowBack in November, gold made a tiny move of 1.6%. But using a special type of gold trade, I saw a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there were smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period.October 24, 2024 | DTI (Ad)Rocket Companies, Inc. (NYSE:RKT) Forecasted to Post Q1 2025 Earnings of $0.13 Per ShareOctober 15, 2024 | americanbankingnews.comSpaceX pulls off unprecedented feat, grabs descending rocket with mechanical armsOctober 13, 2024 | cbsnews.comCramer Says Rocket Companies, Inc. (RKT) Is a Well-Run CompanyOctober 9, 2024 | msn.comRocket Mortgage Parent Appoints Former Venmo Exec Papanii Okai To Lead AI-Driven ProductsOctober 8, 2024 | finance.yahoo.comBarclays Remains a Sell on Rocket Companies (RKT)October 8, 2024 | markets.businessinsider.comSee More Headlines RKT Stock Analysis - Frequently Asked Questions How have RKT shares performed this year? Rocket Companies' stock was trading at $14.48 on January 1st, 2024. Since then, RKT shares have increased by 14.6% and is now trading at $16.60. View the best growth stocks for 2024 here. How were Rocket Companies' earnings last quarter? Rocket Companies, Inc. (NYSE:RKT) posted its earnings results on Thursday, August, 1st. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. Rocket Companies's revenue for the quarter was up 5.3% compared to the same quarter last year. When did Rocket Companies' stock split? Rocket Companies shares 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 distributed to shareholders after the market closes on Wednesday, August 27th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. Does Rocket Companies have any subsidiaries? Rocket Companies subsidiaries include these companies: Truebill, Amrock LLC, and Rocket Mortgage LLC. When did Rocket Companies IPO? Rocket Companies (RKT) raised $3.2 billion in an initial public offering (IPO) 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 acted 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? Top institutional shareholders of Rocket Companies include Raymond James & Associates (0.02%), Exchange Traded Concepts LLC (0.01%), Global Retirement Partners LLC and DMC Group LLC. Insiders that own company stock include Jay Farner, Matthew Rizik and Jonathan D Mariner. 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. What other stocks do shareholders of Rocket Companies own? Based on aggregate information from My MarketBeat watchlists, some other companies that Rocket Companies investors own include NVIDIA (NVDA), Zomedica (ZOM), Meta Platforms (META), Advanced Micro Devices (AMD), Salesforce (CRM), Humana (HUM) and American Water Works (AWK). Company Calendar Last Earnings8/01/2024Today10/24/2024Next Earnings (Estimated)11/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance 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$14.89 High Stock Price Target$20.00 Low Stock Price Target$10.75 Potential Upside/Downside-8.9%Consensus RatingReduce Rating Score (0-4)1.55 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$0.07 Trailing P/E Ratio233.46 Forward P/E Ratio71.04 P/E GrowthN/ANet Income$-15,510,000.00 Net Margins0.29% Pretax Margin7.97% Return on Equity0.90% Return on Assets0.36% Debt Debt-to-Equity Ratio1.27 Current Ratio13.18 Quick Ratio13.18 Sales & Book Value Annual Sales$3.80 billion Price / Sales8.56 Cash FlowN/A Price / Cash FlowN/A Book Value$4.18 per share Price / Book3.91Miscellaneous Outstanding Shares1,989,450,000Free Float137,869,000Market Cap$32.51 billion OptionableOptionable Beta2.44 Social Links This page (NYSE:RKT) was last updated on 10/24/2024 by MarketBeat.com Staff From Our Partners Is Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. 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