NYSE:RKT Rocket Companies (RKT) Stock Price, News & Analysis $19.87 -0.04 (-0.20%) (As of 11:15 AM ET) Add Compare Share Share Today's Range$19.60▼$20.0950-Day Range$13.16▼$19.9052-Week Range$7.17▼$20.09Volume662,016 shsAverage Volume2.66 million shsMarket Capitalization$39.53 billionP/E Ratio180.65Dividend YieldN/APrice Target$12.31 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Rocket Companies alerts: Email Address Rocket Companies MarketRank™ Stock AnalysisAnalyst RatingReduce1.58 Rating ScoreUpside/Downside37.8% Downside$12.31 Price TargetShort InterestBearish13.51% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.24Based on 4 Articles This WeekInsider TradingAcquiring Shares$53,455 Bought Last QuarterProj. Earnings Growth127.27%From $0.22 to $0.50 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.1.43 out of 5 starsBusiness Services Sector239th out of 300 stocksMortgage Bankers & Correspondents Industry7th out of 8 stocks 1.8 Analyst's Opinion Consensus RatingRocket Companies has received a consensus rating of Reduce. The company's average rating score is 1.58, and is based on no buy ratings, 7 hold ratings, and 5 sell ratings.Amount of Analyst CoverageRocket Companies has been the subject of 7 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 2.0 Short Interest Percentage of Shares Shorted13.51% 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 5.6.Change versus previous monthShort interest in Rocket Companies has recently decreased by 0.85%, indicating that investor sentiment is improving. 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 1.8 News and Social Media Coverage News SentimentRocket Companies has a news sentiment score of 0.24. 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 0.41 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Rocket Companies this week, compared to 4 articles on an average week.Search Interest27 people have searched for RKT on MarketBeat in the last 30 days. This is an increase of 170% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Rocket Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% 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 $53,455.00 in company stock and sold $0.00 in 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Rocket Companies are expected to grow by 127.27% in the coming year, from $0.22 to $0.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rocket Companies is 180.11, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 145.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Rocket Companies is 180.11, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 41.91.Price to Book Value per Share RatioRocket Companies has a P/B Ratio of 4.74. 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 Stansberry ResearchThe Strange Disappearance of MILLIONS of American JobsA former hedge fund manager who bought Apple at a split-adjusted 35 cents and Amazon at $2.40 (split adjusted) just went issued a major warning.You can watch our interview, here, free of charge. 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 HeadlinesAugust 17, 2024 | americanbankingnews.comRocket Companies (NYSE:RKT) Shares Down 3.7% August 16, 2024 | msn.comChart of the Day: Will Rocket Fizzle?August 22, 2024 | DTI (Ad)Air Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.August 14, 2024 | ca.finance.yahoo.comRKT Sep 2024 15.000 callAugust 14, 2024 | ca.finance.yahoo.comRKT Sep 2024 25.000 callAugust 13, 2024 | marketwatch.comRocket Cos. Inc. stock underperforms Tuesday when compared to competitors despite daily gainsAugust 13, 2024 | marketwatch.comRocket Cos. Inc. stock outperforms competitors despite losses on the dayAugust 9, 2024 | marketwatch.comRocket Cos. Inc. stock rises Friday, still underperforms marketAugust 22, 2024 | DTI (Ad)Air Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.August 6, 2024 | techcrunch.comDawn Aerospace’s rocket-propelled aircraft takes flightAugust 6, 2024 | prnewswire.comRocket Mortgage Announces "The Rocket Comedy Tour" in Partnership with Comedian Mike YoungAugust 5, 2024 | ca.finance.yahoo.comRKT Sep 2024 13.000 putAugust 5, 2024 | ca.finance.yahoo.comRKT Mar 2025 10.000 putAugust 4, 2024 | ca.finance.yahoo.comRKT Aug 2024 24.500 putAugust 3, 2024 | benzinga.comDeep Dive Into Rocket Companies Stock: Analyst Perspectives (4 Ratings)August 2, 2024 | markets.businessinsider.comAnalysts’ Top Financial Picks: MGIC Investment (MTG), Marathon Digital Holdings (MARA)August 2, 2024 | msn.comRocket Companies Q2 Earnings Highlights: Revenue Beat, EPS Beat, Investor Day Coming In SeptemberAugust 2, 2024 | msn.comRocket Companies (RKT) Q2 2024 Earnings Call TranscriptSee 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 Earnings8/01/2024Today8/22/2024Next Earnings (Estimated)11/07/2024Fiscal 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$12.31 High Stock Price Target$16.00 Low Stock Price Target$8.00 Potential Upside/Downside-38.1%Consensus RatingReduce Rating Score (0-4)1.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$0.11 Trailing P/E Ratio180.93 Forward P/E Ratio90.45 P/E GrowthN/ANet Income$-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 / Sales10.42 Cash FlowN/A Price / Cash FlowN/A Book Value$4.18 per share Price / Book4.76Miscellaneous Outstanding Shares1,989,450,000Free Float137,793,000Market Cap$39.59 billion OptionableOptionable Beta2.43 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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 CompetitorsPennyMac Financial ServicesNYSE:PFSIGuildNYSE:GHLDNuveen Churchill Direct LendingNYSE:NCDLUWMNYSE:UWMCFinance of America CompaniesNYSE:FOAView All CompetitorsInsiders & InstitutionsSusquehanna International Group LLPSold 6,800 shares on 8/16/2024Ownership: 0.000%Algert Global LLCBought 12,565 shares on 8/16/2024Ownership: 0.001%Quarry LPBought 3,899 shares on 8/16/2024Ownership: 0.000%Northwestern Mutual Wealth Management Co.Sold 1,538 shares on 8/16/2024Ownership: 0.000%Kingfisher Capital LLCBought 2,606 shares on 8/15/2024Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions RKT Stock Analysis - Frequently Asked Questions How have RKT shares performed this year? Rocket Companies' stock was trading at $14.48 at the start of the year. Since then, RKT stock has increased by 36.8% and is now trading at $19.81. View the best growth stocks for 2024 here. How were Rocket Companies' earnings last quarter? Rocket Companies, Inc. (NYSE:RKT) issued its quarterly earnings results on Thursday, August, 1st. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.01. The company's quarterly revenue was up 5.3% compared to the same quarter last year. When did Rocket Companies' stock split? Rocket Companies's stock split before market open on Thursday, August 28th 2014. The 2-1 split was announced on Monday, July 28th 2014. The newly issued shares were payable 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. 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 a price of $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 investors of Rocket Companies include Davis Selected Advisers (0.16%), Renaissance Technologies LLC (0.12%), Marshall Wace LLP (0.04%) and Susquehanna International Group LLP. 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 Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Boeing (BA), Block (SQ), DraftKings (DKNG) and Zoom Video Communications (ZM). This page (NYSE:RKT) was last updated on 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredAir Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could becom...DTI | SponsoredMillionaire Investor Warns: “Brace for Apple Collapse”Apple stock has quadrupled over the past five years. But now even Warren Buffett is pulling the plug. The O...Stansberry Research | SponsoredTrump is sounding the alarmEurope is one of the latest to release a central bank digital currency and along with it, new cash rules. Chri...Preserve Gold | SponsoredUS developing “superweapon” to defeat China and Russia?Our new superweapon is a gift to every patriot. I predict the devastating new tech behind this weapon will cre...Paradigm Press | SponsoredGrab this ETF paying a huge 22% dividendImagine a world where you don't have to stress about inflation eroding your savings... Where your paycheck ...Investors Alley | SponsoredAmazon coin set to soar 25X – starting August 19thChris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | SponsoredAlex's "Next Magnificent Seven" StocksToday Alex Green is releasing his new breakdown of AI's "Next Magnificent Seven." So please make some time ...The Oxford Club | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Rocket Companies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Rocket Companies With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Free RKT Stock Alerts