Lowest-Rated StocksLowest-RatedNYSE:RKT Rocket Companies (RKT) Stock Price, News & Analysis → This consistently signaled gains of 453%... 610%... and even 1036%... (From Insiders Exposed) (Ad) Free RKT Stock Alerts $14.54 -0.03 (-0.21%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$14.45▼$15.0150-Day Range$10.98▼$14.5552-Week Range$7.17▼$15.19Volume2.64 million shsAverage Volume2.50 million shsMarket Capitalization$28.87 billionP/E RatioN/ADividend YieldN/APrice Target$10.02 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 RatingReduce1.54 Rating ScoreUpside/Downside31.1% Downside$10.02 Price TargetShort InterestBearish15.02% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.66Based on 5 Articles This WeekInsider TradingAcquiring Shares$28,397 Bought Last QuarterProj. Earnings Growth112.00%From $0.25 to $0.53 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.1.85 out of 5 starsBusiness Services Sector197th out of 308 stocksMortgage Bankers & Correspondents Industry3rd out of 6 stocks 1.8 Analyst's Opinion Consensus RatingRocket Companies has received a consensus rating of Reduce. The company's average rating score is 1.54, and is based on no buy ratings, 7 hold ratings, and 6 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.02, Rocket Companies has a forecasted downside of 31.1% from its current price of $14.54.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. Previous Next 2.0 Short Interest Percentage of Shares Shorted15.02% 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 7.1.Change versus previous monthShort interest in Rocket Companies has recently decreased by 4.17%, 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 3.1 News and Social Media Coverage News SentimentRocket Companies has a news sentiment score of 0.66. 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 news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Rocket Companies this week, compared to 4 articles on an average week.Search Interest23 people have searched for RKT on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.MarketBeat Follows10 people have added Rocket Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 900% 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 $28,397.00 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Rocket Companies are expected to grow by 112.00% in the coming year, from $0.25 to $0.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rocket Companies is -90.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Rocket Companies is -90.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioRocket Companies has a PEG Ratio of 11.16. 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 3.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaAltcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… Click here now to register for the event (FOR FREE!) 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 HeadlinesMarch 28, 2024 | msn.comWatch for a SpaceX rocket set for Thursday evening launch from the California coastMarch 27, 2024 | seekingalpha.comTKO: A Company That Stands Out In The Media SpaceMarch 28, 2024 | WealthPress (Ad)A lot of people are making this costly mistakeYou may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. March 23, 2024 | americanbankingnews.comRocket Companies, Inc. (NYSE:RKT) Receives Consensus Rating of "Reduce" from BrokeragesMarch 20, 2024 | finance.yahoo.comRocket Cos. Stock Sees IBD Rating Blasts Higher; Earns 84 RS RatingMarch 20, 2024 | seekingalpha.comRocket Companies: Market Share Gains Support A Positive OutlookMarch 19, 2024 | americanbankingnews.comRocket Companies (NYSE:RKT) Price Target Raised to $8.00 at Bank of AmericaMarch 19, 2024 | msn.comSpaceX launched a rocket off the coast of California today. Did you see it from the desert?March 28, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…March 16, 2024 | msn.comSpaceX loses contact with Starship rocket on re-entry in Earth’s atmosphereMarch 15, 2024 | msn.comSpaceX’s mega rocket blasts off on a third test flight from TexasMarch 15, 2024 | yahoo.com‘Phenomenally successful’: SpaceX launches world’s biggest rocketMarch 13, 2024 | msn.comJapan's first private rocket explodes after launchMarch 13, 2024 | cbsnews.comCommercial Japanese rocket seeking to boost satellite into orbit is blown up right after liftoffMarch 13, 2024 | msn.comJapan's first private-sector rocket launch attempt ends with explosion shortly after takeoffMarch 8, 2024 | investorplace.comSell Alert: Analysts Say Ditch These 3 Stocks Right NowFebruary 26, 2024 | markets.businessinsider.comRocket Companies (RKT) Receives a Rating Update from a Top AnalystFebruary 24, 2024 | finance.yahoo.comRocket Companies Full Year 2023 Earnings: EPS Beats ExpectationsFebruary 23, 2024 | ca.finance.yahoo.comRKT Mar 2024 13.500 putFebruary 23, 2024 | markets.businessinsider.comHold Rating on Rocket Companies Amidst Gain-on-Sale Tailwinds and Challenging Market ConditionsFebruary 23, 2024 | finance.yahoo.comRocket Companies, Inc. (NYSE:RKT) Q4 2023 Earnings Call TranscriptFebruary 23, 2024 | detroitnews.comRocket slips to loss for fourth quarter, all of 2023February 23, 2024 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: Carlyle Group (CG), PNC Financial (PNC) and Rocket Companies (RKT)February 23, 2024 | news.yahoo.comLook up: SpaceX aims to launch Falcon 9 rocket Thursday night from California coastFebruary 23, 2024 | msn.comRocket Companies Non-GAAP EPS of $0.00 beats by $0.05, revenue of $885M beats by $112.5MFebruary 23, 2024 | fool.comRocket Companies (RKT) Q4 2023 Earnings Call TranscriptFebruary 22, 2024 | benzinga.comRocket Companies: Q4 Earnings InsightsSee 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 Earnings2/22/2024Today3/28/2024Next Earnings (Estimated)5/02/2024Fiscal 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$10.02 High Stock Price Target$13.00 Low Stock Price Target$6.00 Potential Upside/Downside-30.9%Consensus RatingReduce Rating Score (0-4)1.54 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($0.16) Trailing P/E RatioN/A Forward P/E Ratio58.04 P/E Growth11.16Net Income$-15,510,000.00 Net Margins-0.41% Pretax Margin-10.60% Return on Equity-3.63% Return on Assets-1.47% Debt Debt-to-Equity Ratio0.92 Current Ratio9.78 Quick Ratio9.78 Sales & Book Value Annual Sales$3.80 billion Price / Sales7.58 Cash FlowN/A Price / Cash FlowN/A Book Value$4.18 per share Price / Book3.47Miscellaneous Outstanding Shares1,985,640,000Free Float118,146,000Market Cap$28.81 billion OptionableOptionable Beta2.39 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Daniel B. Gilbert (Age 62)Founder & Chairman of the Board Mr. Brian Nicholas BrownCFO & TreasurerMs. Tina V. JohnGeneral Counsel & SecretaryMr. Varun Krishna (Age 41)CEO & Director Mr. William C. Emerson (Age 61)President, COO & Director Ms. Sharon NgVice President of Investor RelationsMr. Jonathan Mildenhall (Age 56)Chief Marketing Officer Ms. KimArie YowellChief Diversity OfficerMr. William BanfieldExecutive VP of Capital Market & Chief Risk Officer of Rocket MortgageMs. LaQuanda SainExecutive Vice President-Servicing of Rocket MortgageMore ExecutivesKey CompetitorsSymboticNASDAQ:SYMAppLovinNASDAQ:APPBroadridge Financial SolutionsNYSE:BREquifaxNYSE:EFXVeraltoNYSE:VLTOView All CompetitorsInsiders & InstitutionsMatthew RizikBought 310 shares on 3/25/2024Total: $4,380.30 ($14.13/share)Matthew RizikBought 309 shares on 3/22/2024Total: $4,335.27 ($14.03/share)PNC Financial Services Group Inc.Sold 948 shares on 3/22/2024Ownership: 0.000%Matthew RizikBought 203 shares on 3/20/2024Total: $2,569.98 ($12.66/share)Matthew RizikBought 356 shares on 3/18/2024Total: $4,378.80 ($12.30/share)View All Insider TransactionsView All Institutional Transactions RKT Stock Analysis - Frequently Asked Questions Should I buy or sell Rocket Companies stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rocket Companies in the last year. There are currently 6 sell ratings and 7 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? 13 Wall Street analysts have issued twelve-month price objectives for Rocket Companies' stock. Their RKT share price targets range from $6.00 to $13.00. On average, they expect the company's share price to reach $10.02 in the next twelve months. This suggests that the stock has a possible downside of 31.1%. 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 on January 1st, 2024. Since then, RKT shares have increased by 0.4% and is now trading at $14.54. 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, May 2nd 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) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.01. The business earned $885 million during the quarter, compared to analysts' expectations of $762.44 million. Rocket Companies had a negative trailing twelve-month return on equity of 3.63% and a negative net margin of 0.41%. The company's quarterly revenue was up 29.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.12) earnings per share. What ETFs hold Rocket Companies' stock? ETFs with the largest weight of Rocket Companies (NYSE:RKT) stock in their portfolio include Davis Select Financial ETF (DFNL), Playtech (PTEC), First Trust S-Network E-Commerce ETF (ISHP), Hoya Capital Housing ETF (HOMZ).First Trust US Equity Opportunities ETF (FPX) and When did Rocket Companies' stock split? Rocket Companies's stock split on Thursday, August 28th 2014. The 2-1 split was announced on Monday, July 28th 2014. The newly issued shares were distributed 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 updated its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $925.0 million-$1.1 billion, compared to the consensus revenue estimate of $929.9 million. 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 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? Rocket Companies' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (0.59%), Vanguard Group Inc. (0.59%), Boston Partners (0.45%), Capital World Investors (0.18%), Bruni J V & Co. Co. (0.08%) and Voloridge Investment Management LLC (0.07%). Insiders that own company stock include Jay Farner, Jennifer L Gilbert, 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets 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. 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