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Rocket Companies Stock Forecast, Price & News

-0.30 (-1.33 %)
(As of 09/18/2020 09:37 PM ET)
Today's Range
Now: $22.27
50-Day Range N/A
52-Week Range
Now: $22.27
Volume14.45 million shs
Average Volume22.66 million shs
Market Capitalization$44.19 billion
P/E RatioN/A
Dividend YieldN/A
There is no company description available for Rocket Companies Inc.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.1Community Rank: 3.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.71 out of 5 stars

Industry, Sector and Symbol

Industry Mortgage bankers & correspondents



Sales & Book Value

Annual SalesN/A



Outstanding Shares1,984,452,000
Market Cap$44.19 billion
Next Earnings DateN/A
OptionableNot Optionable
-0.30 (-1.33 %)
(As of 09/18/2020 09:37 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Rocket Companies (NYSE:RKT) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of Rocket Companies?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rocket Companies in the last year. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Rocket Companies

When did Rocket Companies' stock split? How did Rocket Companies' stock split work?

Rocket Companies shares split before market open on Thursday, August 28th 2014. The 2-1 split was announced on Monday, July 28th 2014. The newly issued shares were distributed to shareholders after the market closes on Wednesday, August 27th 2014. An investor that had 100 shares of Rocket Companies stock prior to the split would have 200 shares after the split.

What guidance has Rocket Companies issued on next quarter's earnings?

Rocket Companies issued an update on its second quarter 2020 Pre-Market earnings guidance on Friday, August, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.312-5.312 billion.

What price target have analysts set for RKT?

13 analysts have issued 1 year price targets for Rocket Companies' shares. Their forecasts range from $20.00 to $35.00. On average, they expect Rocket Companies' share price to reach $28.38 in the next twelve months. This suggests a possible upside of 27.5% from the stock's current price.
View analysts' price targets for Rocket Companies

Who are some of Rocket Companies' key competitors?

What other stocks do shareholders of Rocket Companies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rocket Companies investors own include Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Boeing (BA), Moderna (MRNA), NIO (NIO), Johnson & Johnson (JNJ), Walmart (WMT), Square (SQ) and Docusign (DOCU).

When did Rocket Companies IPO?

(RKT) raised $3.2 billion in an IPO on Thursday, August 6th 2020. The company issued 150,000,000 shares at $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.

What is Rocket Companies' stock symbol?

Rocket Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "RKT."

When did the company's quiet period expire?

Rocket Companies' quiet period expired on Tuesday, September 15th. Rocket Companies had issued 100,000,000 shares in its public offering on August 6th. The total size of the offering was $1,800,000,000 based on an initial share price of $18.00. During the company's quiet period, underwriters and any insiders involved in the IPO were prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

How do I buy shares of Rocket Companies?

Shares of RKT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Rocket Companies' stock price today?

One share of RKT stock can currently be purchased for approximately $22.27.

How big of a company is Rocket Companies?

Rocket Companies has a market capitalization of $44.19 billion. Rocket Companies employs 20,000 workers across the globe.

What is Rocket Companies' official website?

The official website for Rocket Companies is www.rocketcompanies.com.

How can I contact Rocket Companies?

Rocket Companies' mailing address is 1050 WOODWARD AVENUE, DETROIT MI, 48226. The company can be reached via phone at 800-226-6308 or via email at [email protected]

This page was last updated on 9/21/2020 by MarketBeat.com Staff

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