RKT Stock Overview
A fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
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Rocket Companies, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.10 |
| 52 Week High | US$21.38 |
| 52 Week Low | US$10.87 |
| Beta | 2.35 |
| 1 Month Change | -22.59% |
| 3 Month Change | -41.36% |
| 1 Year Change | -23.34% |
| 3 Year Change | -20.71% |
| 5 Year Change | n/a |
| Change since IPO | -48.40% |
Recent News & Updates
Recent updates
Rocket Companies: Strong Bearish Trend And Weak Market Sentiments
Dec 19Rocket Companies: Sky-High Hopes, Grounded Reality
Sep 17Rocket Companies: Time To Cool The Jets (Rating Downgrade)
Jun 13Rocket Companies Is Materially Overpriced Considering The Interest Rate Outlook
Mar 28Rocket Companies: Market Share Gains Support A Positive Outlook
Mar 20Rocket Mortgage: Housing Market Recovery Creates Potential Opportunity
Oct 17Rocket Companies: Stabilization, Albeit At Very Low Levels
Sep 18Rocket Companies: Weak Near-Term Performance Puts Pressure On The Stock
Jul 11Rocket Recovery With Expected Increase In Home Buying
Jul 03Rocket Companies' Platform Is Strong; Depends On Interest Rate/Mortgage Convexity
Jun 09Rocket 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 16Rocket Companies Q3 Earnings Preview - Quantitative Analysis
Oct 31Rocket Companies: Still Some Supply/Demand Downside, But Cheap - A Cautious Buy
Sep 30Rocket Companies: Shares Look To Keep Rebounding Off The June Low
Aug 08Hold: Rocket Companies Is Far From Its Doomsday
May 18Is Rocket Companies Stock A Buy Or Sell After Recent Earnings? We're Bullish Into Low Expectations
Mar 03Rocket Companies Focuses On Revenue Diversification
Dec 23Rocket Companies: Uncertainties In Revenue Growth
Nov 08Shareholder Returns
| RKT | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | -6.1% | 0.3% | 0.6% |
| 1Y | -23.3% | 25.5% | 23.8% |
Return vs Industry: RKT underperformed the US Diversified Financial industry which returned 25.5% over the past year.
Return vs Market: RKT underperformed the US Market which returned 23.8% over the past year.
Price Volatility
| RKT volatility | |
|---|---|
| RKT Average Weekly Movement | 5.9% |
| Diversified Financial Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: RKT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: RKT's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 14,700 | Varun Krishna | 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; and Rocket Loans, an online-based personal loans business.
Rocket Companies, Inc. Fundamentals Summary
| RKT fundamental statistics | |
|---|---|
| Market cap | US$22.34b |
| Earnings (TTM) | -US$15.14m |
| Revenue (TTM) | US$4.30b |
0.4x
P/S Ratio-106.9x
P/E RatioIs RKT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RKT income statement (TTM) | |
|---|---|
| Revenue | US$4.30b |
| Cost of Revenue | US$0 |
| Gross Profit | US$4.30b |
| Other Expenses | US$4.32b |
| Earnings | -US$15.14m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.10 |
| Gross Margin | 100.00% |
| Net Profit Margin | -0.35% |
| Debt/Equity Ratio | 179.1% |
How did RKT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 22:50 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rocket Companies, Inc. is covered by 22 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark DeVries | Barclays |
| Terry Ma | Barclays |
| Mark DeVries | Barclays |