Rocket Companies Future Growth
Future criteria checks 5/6
Rocket Companies is forecast to grow earnings and revenue by 113.2% and 23.3% per annum respectively. EPS is expected to grow by 57.3% per annum. Return on equity is forecast to be 15.4% in 3 years.
Key information
113.2%
Earnings growth rate
57.3%
EPS growth rate
| Diversified Financial earnings growth | -4.3% |
| Revenue growth rate | 23.3% |
| Future return on equity | 15.4% |
| Analyst coverage | Good |
| Last updated | 15 Nov 2024 |
Recent future growth updates
Recent updates
Rocket 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 16These Analysts Just Made An Incredible Downgrade To Their Rocket Companies, Inc. (NYSE:RKT) EPS Forecasts
Nov 06
Rocket Companies Q3 Earnings Preview - Quantitative Analysis
Oct 31Rocket Companies: Still Some Supply/Demand Downside, But Cheap - A Cautious Buy
Sep 30Some Rocket Companies, Inc. (NYSE:RKT) Analysts Just Made A Major Cut To Next Year's Estimates
Aug 09Rocket Companies: Shares Look To Keep Rebounding Off The June Low
Aug 08Hold: Rocket Companies Is Far From Its Doomsday
May 18Downgrade: Here's How Analysts See Rocket Companies, Inc. (NYSE:RKT) Performing In The Near Term
May 12Is 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 08Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 7,336 | 98 | N/A | N/A | 3 |
| 12/31/2025 | 6,161 | 64 | N/A | N/A | 4 |
| 12/31/2024 | 4,878 | 3 | N/A | N/A | 4 |
| 9/30/2024 | 4,305 | -15 | -3,430 | -3,079 | N/A |
| 6/30/2024 | 4,826 | 13 | -1,435 | -1,413 | N/A |
| 3/31/2024 | 4,740 | 19 | -755 | -1,571 | N/A |
| 12/31/2023 | 4,006 | -16 | 961 | 110 | N/A |
| 9/30/2023 | 3,784 | -23 | 862 | -65 | N/A |
| 6/30/2023 | 3,854 | -22 | 3,432 | 2,626 | N/A |
| 3/31/2023 | 3,994 | -26 | 1,132 | 720 | N/A |
| 12/31/2022 | 6,005 | 46 | 11,388 | 10,823 | N/A |
| 9/30/2022 | 8,137 | 112 | 14,477 | 14,012 | N/A |
| 6/30/2022 | 9,984 | 181 | 12,771 | 11,772 | N/A |
| 3/31/2022 | 11,281 | 238 | 11,111 | 10,243 | N/A |
| 12/31/2021 | 13,176 | 308 | 8,375 | 7,744 | N/A |
| 9/30/2021 | 15,290 | 400 | 6,062 | 5,321 | N/A |
| 6/30/2021 | 16,788 | 383 | 3,135 | 2,791 | N/A |
| 3/31/2021 | 19,097 | 322 | 4,494 | 4,215 | N/A |
| 12/31/2020 | 15,896 | 198 | -1,222 | -1,677 | N/A |
| 9/30/2020 | 13,105 | 58 | -4,366 | -4,738 | N/A |
| 6/30/2020 | 10,074 | N/A | -5,785 | -6,029 | N/A |
| 3/31/2020 | 6,003 | 299 | -4,509 | -4,754 | N/A |
| 12/31/2019 | 5,204 | N/A | -6,891 | -6,979 | N/A |
| 12/31/2018 | 4,309 | N/A | 1,367 | 1,431 | N/A |
| 12/31/2017 | 4,253 | 771 | N/A | -243 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RKT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).
Earnings vs Market: RKT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RKT is expected to become profitable in the next 3 years.
Revenue vs Market: RKT's revenue (23.3% per year) is forecast to grow faster than the US market (8.9% per year).
High Growth Revenue: RKT's revenue (23.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RKT's Return on Equity is forecast to be low in 3 years time (15.4%).