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Rocket Companies NYSE:RKT Stock Report

Last Price

US$14.56

Market Cap

US$28.5b

7D

9.7%

1Y

43.2%

Updated

15 Jul, 2024

Data

Company Financials +

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.

RKT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance2/6
Financial Health3/6
Dividends0/6

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$14.56
52 Week HighUS$15.81
52 Week LowUS$7.17
Beta2.4
11 Month Change-0.89%
3 Month Change27.27%
1 Year Change43.17%
33 Year Change-15.98%
5 Year Changen/a
Change since IPO-32.31%

Recent News & Updates

Rocket Companies: Time To Cool The Jets (Rating Downgrade)

Jun 13

Rocket Companies Is Materially Overpriced Considering The Interest Rate Outlook

Mar 28

Recent updates

Rocket Companies: Time To Cool The Jets (Rating Downgrade)

Jun 13

Rocket Companies Is Materially Overpriced Considering The Interest Rate Outlook

Mar 28

Rocket Companies: Market Share Gains Support A Positive Outlook

Mar 20

Rocket Mortgage: Housing Market Recovery Creates Potential Opportunity

Oct 17

Rocket Companies: Stabilization, Albeit At Very Low Levels

Sep 18

Rocket Companies: Weak Near-Term Performance Puts Pressure On The Stock

Jul 11

Rocket Recovery With Expected Increase In Home Buying

Jul 03

Rocket Companies' Platform Is Strong; Depends On Interest Rate/Mortgage Convexity

Jun 09

Rocket Companies Hunkers Down For Worsening Real Estate Contraction

Jan 13

Rocket Companies marginally up as CEO buys $600K shares

Dec 15

Rocket Companies stock drops 11% as Argus cuts to Hold on concerns over recent deals

Nov 16

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

Rocket Companies Q3 Earnings Preview - Quantitative Analysis

Oct 31

Rocket Companies: Still Some Supply/Demand Downside, But Cheap - A Cautious Buy

Sep 30

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

Rocket Companies: Shares Look To Keep Rebounding Off The June Low

Aug 08

Hold: Rocket Companies Is Far From Its Doomsday

May 18

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

Is Rocket Companies Stock A Buy Or Sell After Recent Earnings? We're Bullish Into Low Expectations

Mar 03

Rocket Companies Focuses On Revenue Diversification

Dec 23

Rocket Companies: Uncertainties In Revenue Growth

Nov 08

Rocket Companies - Not Rocking, But Good Enough

Aug 18

WestRock (RKT) Presents At Deutsche Bank Conference - Slideshow

Jun 16

Rocket Mortgage stock gets Buy rating at Argus, Neutral at Piper

Jun 08

Shareholder Returns

RKTUS Diversified FinancialUS Market
7D9.7%3.6%1.3%
1Y43.2%15.7%22.0%

Return vs Industry: RKT exceeded the US Diversified Financial industry which returned 15.7% over the past year.

Return vs Market: RKT exceeded the US Market which returned 22% over the past year.

Price Volatility

Is RKT's price volatile compared to industry and market?
RKT volatility
RKT Average Weekly Movement5.3%
Diversified Financial Industry Average Movement4.6%
Market Average Movement5.8%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: RKT has not had significant price volatility in the past 3 months.

Volatility Over Time: RKT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198514,700Varun Krishnawww.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

How do Rocket Companies's earnings and revenue compare to its market cap?
RKT fundamental statistics
Market capUS$28.49b
Earnings (TTM)US$19.22m
Revenue (TTM)US$4.74b

105.6x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RKT income statement (TTM)
RevenueUS$4.74b
Cost of RevenueUS$0
Gross ProfitUS$4.74b
Other ExpensesUS$4.72b
EarningsUS$19.22m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin100.00%
Net Profit Margin0.41%
Debt/Equity Ratio139.2%

How did RKT perform over the long term?

See historical performance and comparison
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