Lowest-Rated StocksLowest-RatedNYSE:RKT Rocket Companies (RKT) Stock Price, News & Analysis → Gold Mania (From Stansberry Research) (Ad) Free RKT Stock Alerts $13.30 +0.57 (+4.48%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$12.68▼$13.9450-Day Range$11.39▼$14.5552-Week Range$7.17▼$15.19Volume3.51 million shsAverage Volume2.46 million shsMarket Capitalization$26.41 billionP/E RatioN/ADividend YieldN/APrice Target$10.37 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/Downside22.1% Downside$10.37 Price TargetShort InterestHealthy15.38% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.67Based on 21 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.2.32 out of 5 starsBusiness Services Sector1141st out of 1,866 stocksMortgage Bankers & Correspondents Industry19th out of 36 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 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. 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 3.2 News and Social Media Coverage News SentimentRocket Companies has a news sentiment score of 0.67. 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 0.38 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Rocket Companies this week, compared to 4 articles on an average week.Search Interest26 people have searched for RKT on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Rocket Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% 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. Previous Next 1.9 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 -83.13, 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 -83.13, 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 9.63. 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 3.18. 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 Weiss RatingsThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-up before it’s too late. It’s urgent because it’s what we consider “The #1 Crypto for the AI World.”Learn more about it by watching THIS NOW. 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 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 4, 2024 | Paradigm Press (Ad)Never use this word on your phone (FBI could be watching)This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...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 4, 2024 | Paradigm Press (Ad)Never use this word on your phone (FBI could be watching)This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...May 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 25, 2024 | americanbankingnews.comRocket Companies (RKT) Set to Announce Earnings on ThursdayApril 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 DetroitApril 14, 2024 | investing.comRocket companies director buys $6.2k in class a sharesApril 13, 2024 | nasdaq.comInteresting RKT Put And Call Options For May 31stApril 11, 2024 | uk.investing.comRocket companies director Matthew Rizik buys shares worth $5,745April 10, 2024 | msn.comHousing market remains ‘stagnant’ as rates surge due to hotter-than-expected inflation, Rocket CEO saysApril 9, 2024 | finance.yahoo.comRocket launches patented AI-driven tech platformApril 9, 2024 | msn.com'Transforming The Home Buying Process': Rocket Mortgage Unveils AI-Based Rocket Logic PlatformSee 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 Earnings2/22/2024Today5/03/2024Next 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$10.37 High Stock Price Target$14.00 Low Stock Price Target$6.00 Potential Upside/Downside-22.1%Consensus RatingReduce Rating Score (0-4)1.57 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)($0.16) Trailing P/E RatioN/A Forward P/E Ratio51.15 P/E Growth9.63Net Income$-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 / Sales6.95 Cash FlowN/A Price / Cash FlowN/A Book Value$4.18 per share Price / Book3.18Miscellaneous Outstanding Shares1,985,640,000Free Float118,146,000Market Cap$26.41 billion OptionableOptionable Beta2.43 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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 & InstitutionsMatthew RizikBought 321 shares on 5/1/2024Total: $3,916.20 ($12.20/share)Commonwealth Equity Services LLCSold 28,689 shares on 4/30/2024Ownership: 0.003%Matthew RizikBought 355 shares on 4/29/2024Total: $4,384.25 ($12.35/share)Principal Financial Group Inc.Bought 10,324 shares on 4/29/2024Ownership: 0.001%Greylin Investment Management IncSold 5,573 shares on 4/25/2024Ownership: 0.012%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 analysts 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 stock price to reach $10.37 in the next year. This suggests that the stock has a possible downside of 22.1%. 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 at the beginning of the year. Since then, RKT stock has decreased by 8.1% and is now trading at $13.30. 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) released its earnings results on Thursday, February, 22nd. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.01. The firm had revenue of $885 million for the quarter, compared to analysts' expectations of $762.44 million. Rocket Companies had a negative net margin of 0.41% and a negative trailing twelve-month return on equity of 3.63%. The company's revenue was up 29.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($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), Playtech (PTEC), Point Bridge America First ETF (MAGA), First Trust US Equity Opportunities ETF (FPX) and ETC 6 Meridian Quality Growth ETF (SXQG).SPDR S&P Kensho New Economies Composite ETF (KOMP) and When did Rocket Companies' stock split? Rocket Companies shares split on Thursday, August 28th 2014. The 2-1 split was announced on Monday, July 28th 2014. The newly created shares were payable 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. What guidance has Rocket Companies issued on next quarter's earnings? Rocket Companies updated 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 variety of retail and institutional investors. Top institutional shareholders include Greylin Investment Management Inc (0.01%), Simplex Trading LLC (0.00%), Commonwealth Equity Services LLC (0.00%), Allspring Global Investments Holdings LLC (0.00%), DMC Group LLC (0.00%) and Atlas Capital 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 5/4/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? Porter & CompanyBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldUrgent Nvidia WarningAltimetryAutomatic Income (from home)Awesomely, LLCCould Your Accounts Be Frozen?Allegiance GoldGold ManiaStansberry ResearchThe Gold Grab of the CenturyColonial MetalsThe A.I. story nobody is telling you (Read ASAP)TradeSmith 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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