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RKT

Rocket Companies NYSE:RKT Stock Report

Last Price

US$9.36

Market Cap

US$18.4b

7D

6.2%

1Y

-24.3%

Updated

29 Jan, 2023

Data

Company Financials +

RKT Stock Overview

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.

RKT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance1/6
Financial Health1/6
Dividends2/6

My Notes

New

Notes are coming soon

Rocket Companies, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rocket Companies
Historical stock prices
Current Share PriceUS$9.36
52 Week HighUS$14.32
52 Week LowUS$5.97
Beta1.79
1 Month Change33.71%
3 Month Change35.65%
1 Year Change-24.33%
3 Year Changen/a
5 Year Changen/a
Change since IPO-56.49%

Recent News & Updates

Recent updates

These Analysts Just Made An Incredible Downgrade To Their Rocket Companies, Inc. (NYSE:RKT) EPS Forecasts

Nov 06
These Analysts Just Made An Incredible Downgrade To Their Rocket Companies, Inc. (NYSE:RKT) EPS Forecasts

Some Rocket Companies, Inc. (NYSE:RKT) Analysts Just Made A Major Cut To Next Year's Estimates

Aug 09
Some Rocket Companies, Inc. (NYSE:RKT) Analysts Just Made A Major Cut To Next Year's Estimates

Downgrade: Here's How Analysts See Rocket Companies, Inc. (NYSE:RKT) Performing In The Near Term

May 12
Downgrade: Here's How Analysts See Rocket Companies, Inc. (NYSE:RKT) Performing In The Near Term

These Analysts Think Rocket Companies, Inc.'s (NYSE:RKT) Sales Are Under Threat

May 08
These Analysts Think Rocket Companies, Inc.'s (NYSE:RKT) Sales Are Under Threat

Industry Analysts Just Made A Captivating Upgrade To Their Rocket Companies, Inc. (NYSE:RKT) Revenue Forecasts

Feb 28
Industry Analysts Just Made A Captivating Upgrade To Their Rocket Companies, Inc. (NYSE:RKT) Revenue Forecasts

Shareholder Returns

RKTUS MortgageUS Market
7D6.2%2.7%2.8%
1Y-24.3%-12.2%-9.2%

Return vs Industry: RKT underperformed the US Mortgage industry which returned -12.2% over the past year.

Return vs Market: RKT underperformed the US Market which returned -9.2% over the past year.

Price Volatility

Is RKT's price volatile compared to industry and market?
RKT volatility
RKT Average Weekly Movement8.0%
Mortgage Industry Average Movement3.5%
Market Average Movement6.9%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market2.8%

Stable Share Price: RKT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: RKT's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198526,000Jay Farnerhttps://www.rocketcompanies.com

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; Rocket Auto, an automotive retail marketplace that provides centralized and virtual car sales support to online car purchasing platforms; and Rocket Loans, an online-based personal loans business.

Rocket Companies, Inc. Fundamentals Summary

How do Rocket Companies's earnings and revenue compare to its market cap?
RKT fundamental statistics
Market CapUS$18.45b
Earnings (TTM)US$112.14m
Revenue (TTM)US$8.14b

10.2x

P/E Ratio

2.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RKT income statement (TTM)
RevenueUS$8.14b
Cost of RevenueUS$0
Gross ProfitUS$8.14b
Other ExpensesUS$8.03b
EarningsUS$112.14m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.92
Gross Margin100.00%
Net Profit Margin1.38%
Debt/Equity Ratio126.2%

How did RKT perform over the long term?

See historical performance and comparison

Dividends

10.8%

Current Dividend Yield

n/a

Payout Ratio