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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
My Notes
NewNotes are coming soon
Rocket Companies, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.36 |
| 52 Week High | US$14.32 |
| 52 Week Low | US$5.97 |
| Beta | 1.79 |
| 1 Month Change | 33.71% |
| 3 Month Change | 35.65% |
| 1 Year Change | -24.33% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -56.49% |
Recent News & Updates
Rocket Companies Hunkers Down For Worsening Real Estate Contraction
Jan 13Rocket Companies marginally up as CEO buys $600K shares
Dec 15Rocket Companies stock drops 11% as Argus cuts to Hold on concerns over recent deals
Nov 16These Analysts Just Made An Incredible Downgrade To Their Rocket Companies, Inc. (NYSE:RKT) EPS Forecasts
Nov 06
Recent updates
These Analysts Just Made An Incredible Downgrade To Their Rocket Companies, Inc. (NYSE:RKT) EPS Forecasts
Nov 06Some Rocket Companies, Inc. (NYSE:RKT) Analysts Just Made A Major Cut To Next Year's Estimates
Aug 09Downgrade: Here's How Analysts See Rocket Companies, Inc. (NYSE:RKT) Performing In The Near Term
May 12These Analysts Think Rocket Companies, Inc.'s (NYSE:RKT) Sales Are Under Threat
May 08Industry Analysts Just Made A Captivating Upgrade To Their Rocket Companies, Inc. (NYSE:RKT) Revenue Forecasts
Feb 28Shareholder Returns
| RKT | US Mortgage | US Market | |
|---|---|---|---|
| 7D | 6.2% | 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
| RKT volatility | |
|---|---|
| RKT Average Weekly Movement | 8.0% |
| Mortgage Industry Average Movement | 3.5% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 17.3% |
| 10% least volatile stocks in US Market | 2.8% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 26,000 | Jay Farner | https://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
| RKT fundamental statistics | |
|---|---|
| Market Cap | US$18.45b |
| Earnings (TTM) | US$112.14m |
| Revenue (TTM) | US$8.14b |
10.2x
P/E Ratio2.0x
P/B RatioIs RKT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RKT income statement (TTM) | |
|---|---|
| Revenue | US$8.14b |
| Cost of Revenue | US$0 |
| Gross Profit | US$8.14b |
| Other Expenses | US$8.03b |
| Earnings | US$112.14m |
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.92 |
| Gross Margin | 100.00% |
| Net Profit Margin | 1.38% |
| Debt/Equity Ratio | 126.2% |
How did RKT perform over the long term?
See historical performance and comparison