Lowest-Rated StocksLowest-RatedNYSE:RKT Rocket Companies (RKT) Stock Price, News & Analysis $15.91 +0.69 (+4.53%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$15.30▼$16.0050-Day Range$13.16▼$15.9152-Week Range$7.17▼$15.99Volume3.15 million shsAverage Volume2.51 million shsMarket Capitalization$31.63 billionP/E Ratio144.65Dividend YieldN/APrice Target$11.10 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Rocket Companies alerts: Email Address Rocket Companies MarketRank™ Stock AnalysisAnalyst RatingReduce1.54 Rating ScoreUpside/Downside30.3% Downside$11.10 Price TargetShort InterestHealthy13.62% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.08Based on 10 Articles This WeekInsider TradingAcquiring Shares$79,290 Bought Last QuarterProj. Earnings Growth117.39%From $0.23 to $0.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.21 out of 5 starsBusiness Services Sector201st out of 317 stocksMortgage Bankers & Correspondents Industry6th out of 8 stocks 1.8 Analyst's Opinion Consensus RatingRocket Companies has received a consensus rating of Reduce. The company's average rating score is 1.54, and is based on no buy ratings, 7 hold ratings, and 6 sell ratings.Amount of Analyst CoverageRocket Companies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Rocket Companies' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted13.62% of the float of Rocket Companies has been sold short.Short Interest Ratio / Days to CoverRocket Companies has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in Rocket Companies has recently decreased by 12.59%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldRocket Companies does not currently pay a dividend.Dividend GrowthRocket Companies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RKT. Previous Next 2.8 News and Social Media Coverage News SentimentRocket Companies has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Rocket Companies this week, compared to 4 articles on an average week.Search Interest12 people have searched for RKT on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.MarketBeat Follows7 people have added Rocket Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rocket Companies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $79,290.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders93.07% of the stock of Rocket Companies is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.59% of the stock of Rocket Companies is held by institutions.Read more about Rocket Companies' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Rocket Companies are expected to grow by 117.39% in the coming year, from $0.23 to $0.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rocket Companies is 144.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 143.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Rocket Companies is 144.65, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 22.24.Price to Book Value per Share RatioRocket Companies has a P/B Ratio of 3.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Rocket Companies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsNvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. About Rocket Companies Stock (NYSE:RKT)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. It also offers Core Digital Media, a online marketing platform in the mortgage and personal financial product sectors; Rocket Money, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a software services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; Rock Connections, a sales and support platform specializing in contact center services; and Rocket Innovation Studio that recruits and mentors top technology talent. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. The company operates as a subsidiary of Rock Holdings Inc.Read More RKT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RKT Stock News HeadlinesJuly 25 at 6:28 PM | msn.comAnalysis - Taiwanese rocket startup may be early test of Japan's space hub plansJuly 25 at 6:28 PM | marketwatch.comRocket Cos. Inc. stock underperforms Thursday when compared to competitors despite daily gainsJuly 27, 2024 | The Oxford Club (Ad)Don't Pay a Dime for Marc Lichtenfeld's Top AI PicksUsually, you'd have to plunk down a hefty sum to get your hands on Marc Lichtenfeld's latest income research... But today, the author of Get Rich with Dividends is feeling extra generous...July 25 at 8:13 AM | prnewswire.comA Decade of Excellence: Rocket Mortgage Named #1 for Client Satisfaction in Mortgage Servicing by J.D. Power for the 10th YearJuly 24 at 10:16 PM | msn.comDan Gilbert’s deposition in lawsuit reveals reasons for $500M stock saleJuly 22, 2024 | marketwatch.comRocket Cos. Inc. stock rises Monday, still underperforms marketJuly 20, 2024 | finance.yahoo.comRKT Aug 2024 16.000 call (RKT240816C00016000)July 20, 2024 | americanbankingnews.comRocket Companies (NYSE:RKT) Sets New 1-Year High at $15.88July 27, 2024 | The Oxford Club (Ad)Don't Pay a Dime for Marc Lichtenfeld's Top AI PicksUsually, you'd have to plunk down a hefty sum to get your hands on Marc Lichtenfeld's latest income research... But today, the author of Get Rich with Dividends is feeling extra generous...July 18, 2024 | prnewswire.comRocket Companies to Announce Second Quarter 2024 Results on August 1July 17, 2024 | investorplace.comTrade of the Day: Buy Near-Expiry Call Options on Rocket (RKT) StockJune 27, 2024 | investorplace.comSell Alert: 3 Stocks to Offload Before They Tumble Over 10%June 25, 2024 | businesswire.comInstabase Helps Rocket Mortgage Enhance Loan Approvals and Client Experience Through Artificial IntelligenceJune 24, 2024 | prnewswire.comThe Jeep® Wagoneer S Launch Edition Makes First Public Appearance at the Rocket Mortgage Classic in Detroit from June 25 - June 30June 21, 2024 | investorplace.com3 Stocks to Sell Faster Than the Market Can Say ‘Crash'June 13, 2024 | seekingalpha.comRocket Companies: Time To Cool The Jets (Rating Downgrade)May 29, 2024 | prnewswire.comRocket Companies CEO Varun Krishna to Present at Morgan Stanley U.S. Financials, Payments & CRE ConferenceMay 28, 2024 | msn.comVideo appears to show North Korean rocket burst into flamesSee More Headlines Receive RKT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rocket Companies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/02/2024Today7/27/2024Next Earnings (Confirmed)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Mortgage bankers & correspondents Sub-IndustryN/A Current SymbolNYSE:RKT CUSIPN/A CIK1805284 Webwww.rocketcompanies.com Phone313-373-7990FaxN/AEmployees14,700Year Founded1985Price Target and Rating Average Stock Price Target$11.10 High Stock Price Target$14.00 Low Stock Price Target$8.00 Potential Upside/Downside-30.3%Consensus RatingReduce Rating Score (0-4)1.54 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$0.11 Trailing P/E Ratio144.65 Forward P/E Ratio69.17 P/E GrowthN/ANet Income$-15,510,000.00 Net Margins0.43% Pretax Margin6.90% Return on Equity-1.05% Return on Assets-0.43% Debt Debt-to-Equity Ratio1.20 Current Ratio12.83 Quick Ratio12.83 Sales & Book Value Annual Sales$3.80 billion Price / Sales8.33 Cash FlowN/A Price / Cash FlowN/A Book Value$4.18 per share Price / Book3.81Miscellaneous Outstanding Shares1,988,360,000Free Float137,793,000Market Cap$31.63 billion OptionableOptionable Beta2.43 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Daniel B. Gilbert (Age 62)Founder & Chairman of the Board Mr. Varun Krishna (Age 41)CEO & Director Mr. William C. Emerson (Age 61)President, COO & Director Mr. Noah Edwards (Age 40)Chief Accounting Officer Ms. Sharon NgVice President of Investor RelationsMr. Jonathan Mildenhall (Age 56)Chief Marketing Officer Ms. KimArie YowellChief Diversity OfficerMr. William BanfieldChief Risk Officer of Rocket MortgageMs. LaQuanda SainExecutive Vice President-Servicing of Rocket MortgageMr. Brian WoodringChief Information Officer of Rocket MortgageMore ExecutivesKey CompetitorsPennyMac Financial ServicesNYSE:PFSINuveen Churchill Direct LendingNYSE:NCDLGuildNYSE:GHLDUWMNYSE:UWMCFinance of America CompaniesNYSE:FOAView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 3,840 shares on 7/26/2024Ownership: 0.015%Patriot Financial Group Insurance Agency LLCBought 10,515 shares on 7/26/2024Ownership: 0.001%Lakeshore Financial Planning Inc.Bought 1,000 shares on 7/25/2024Ownership: 0.001%Nisa Investment Advisors LLCSold 8,100 shares on 7/20/2024Ownership: 0.003%Raymond James & AssociatesBought 8,278 shares on 7/19/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions RKT Stock Analysis - Frequently Asked Questions How have RKT shares performed this year? Rocket Companies' stock was trading at $14.48 on January 1st, 2024. Since then, RKT shares have increased by 9.9% and is now trading at $15.91. View the best growth stocks for 2024 here. How were Rocket Companies' earnings last quarter? Rocket Companies, Inc. (NYSE:RKT) announced its quarterly earnings results on Thursday, May, 2nd. The company reported $0.07 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.08. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.02 billion. Rocket Companies had a net margin of 0.43% and a negative trailing twelve-month return on equity of 1.05%. When did Rocket Companies' stock split? Rocket Companies's stock split on the morning of Thursday, August 28th 2014. The 2-1 split was announced on Monday, July 28th 2014. The newly created shares were issued to shareholders after the market closes on Wednesday, August 27th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. Does Rocket Companies have any subsidiaries? Rocket Companies subsidiaries include these companies: Truebill, Amrock LLC, and Rocket Mortgage LLC. When did Rocket Companies IPO? Rocket Companies (RKT) raised $3.2 billion in an IPO on Thursday, August 6th 2020. The company issued 150,000,000 shares at a price of $20.00-$22.00 per share. Goldman Sachs, Morgan Stanley, Credit Suisse, J.P. Morgan, RBC Capital Markets, Allen & Co, BofA Securities, Barclays, Citigroup and UBS Investment Bank served as the underwriters for the IPO and Castle Oak Securities, Drexel Hamilton, Fifth Third Securities, Huntington Capital Markets, Loop Capital, Mischler Financial, Nomura, Ramirez & Co., Siebert Williams Shank and Zelman Partners were co-managers. Who are Rocket Companies' major shareholders? Top institutional shareholders of Rocket Companies include Greylin Investment Management Inc (0.02%), Bank of New York Mellon Corp (0.01%), QRG Capital Management Inc. (0.01%) and Raymond James & Associates (0.01%). Insiders that own company stock include Jay Farner, Matthew Rizik and Jonathan D Mariner. View institutional ownership trends. How do I buy shares of Rocket Companies? Shares of RKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Rocket Companies own? Based on aggregate information from My MarketBeat watchlists, some other companies that Rocket Companies investors own include Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Boeing (BA), Block (SQ), DraftKings (DKNG) and Zoom Video Communications (ZM). 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