Rocket Companies Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rocket Companies in the last twelve months. There are currently 2 sell ratings, 11 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Rocket Companies stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RKT, but not buy additional shares or sell existing shares.
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Rocket Companies saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 9,700,000 shares, a decrease of 54.8% from the March 15th total of 21,450,000 shares. Based on an average daily volume of 22,890,000 shares, the days-to-cover ratio is presently 0.4 days. Approximately 8.9% of the company's shares are short sold.
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Rocket Companies is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
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Rocket Companies will be holding an earnings conference call on Wednesday, May 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Rocket Companies, Inc. (NYSE:RKT) posted its earnings results on Thursday, February, 25th. The company reported $1.14 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.28. The company had revenue of $4.70 billion for the quarter, compared to analysts' expectations of $3.84 billion.
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Rocket Companies announced a dividend on Thursday, February 25th. Investors of record on Tuesday, March 9th will be given a dividend of $1.11 per share on Tuesday, March 23rd. The ex-dividend date of this dividend is Monday, March 8th.
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Rocket Companies shares 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 closing bell 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.

16 brokerages have issued 12 month price targets for Rocket Companies' shares. Their forecasts range from $19.00 to $35.00. On average, they expect Rocket Companies' share price to reach $25.32 in the next year. This suggests a possible upside of 15.8% from the stock's current price.
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Some companies that are related to Rocket Companies include PennyMac Financial Services (PFSI), Ocwen Financial (OCN), Farmhouse (FMHS), Mopals.com (PALS) and PSM HOLDINGS IN/SH (PSMH).
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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), The Boeing (BA), Square (SQ), DraftKings (DKNG), Zoom Video Communications (ZM), NIO (NIO), Walmart (WMT) and DocuSign (DOCU).

(RKT) raised $3.2 billion in an initial public offering 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 acted 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.

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

Rocket Companies' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Retirement Systems of Alabama (0.12%), Hillman Co. (0.06%), International Assets Investment Management LLC (0.00%), Landsberg Bennett & Dubbaneh LLC (0.00%), Telemus Capital LLC (0.00%) and Private Advisor Group LLC (0.00%).
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RKT stock was sold by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Private Advisor Group LLC, and NEXT Financial Group Inc.
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RKT stock was acquired by a variety of institutional investors in the last quarter, including Hillman Co., International Assets Investment Management LLC, Telemus Capital LLC, Global Retirement Partners LLC, Landsberg Bennett & Dubbaneh LLC, and Westside Investment Management Inc..
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Shares of RKT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RKT stock can currently be purchased for approximately $21.87.

Rocket Companies has a market capitalization of $43.40 billion.

Rocket Companies employs 24,000 workers across the globe.

Rocket Companies was founded in 1985.

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

Rocket Companies is headquartered at 1050 WOODWARD AVENUE, DETROIT MI, 48226.

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]