Rocket Companies Stock Forecast, Price & News

Rocket Companies (NYSE:RKT) Frequently Asked Questions

Is Rocket Companies a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rocket Companies in the last twelve months. There are currently 3 sell ratings, 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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.
View analyst ratings for Rocket Companies or view top-rated stocks.

When is Rocket Companies' next earnings date?

Rocket Companies is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for Rocket Companies.

How were Rocket Companies' earnings last quarter?

Rocket Companies, Inc. (NYSE:RKT) released its quarterly earnings results on Thursday, November, 4th. The company reported $0.57 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.48 by $0.09. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $2.96 billion. Rocket Companies had a net margin of 2.66% and a trailing twelve-month return on equity of 70.94%. Rocket Companies's revenue was down 33.3% compared to the same quarter last year. During the same period last year, the firm earned $0.96 EPS.
View Rocket Companies' earnings history.

How often does Rocket Companies pay dividends? What is the dividend yield for Rocket Companies?

Rocket Companies announced a dividend on Thursday, February 25th. Shareholders 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.
View Rocket Companies' dividend history.

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

Shares of Rocket Companies split on 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.

What price target have analysts set for RKT?

13 analysts have issued 1 year price objectives for Rocket Companies' shares. Their forecasts range from $12.00 to $24.00. On average, they anticipate Rocket Companies' share price to reach $18.79 in the next twelve months. This suggests a possible upside of 22.7% from the stock's current price.
View analysts' price targets for Rocket Companies or view top-rated stocks among Wall Street analysts.

Who are Rocket Companies' key executives?

Rocket Companies' management team includes the following people:

• Mr. Jay D. Farner, Vice Chairman & CEO (Age 47, Pay $11.73M)
• Mr. Robert Dean Walters Jr., Pres & COO (Age 56, Pay $258.1k)
• Ms. Julie R. Booth, CFO & Treasurer (Age 52, Pay $453.1k)
• Mr. Angelo V. Vitale, Gen. Counsel & Sec. (Age 62, Pay $403.1k)
• Mr. Daniel B. Gilbert, Founder & Chairman (Age 59)
• Mr. Brian Nicholas Brown, Chief Accounting Officer
• Ms. Trina Scott, Chief Diversity Officer

Who are some of Rocket Companies' key competitors?

Some companies that are related to Rocket Companies include PennyMac Financial Services (PFSI), UWM (UWMC), Home Point Capital (HMPT), Ocwen Financial (OCN), Finance Of America Companies (FOA), Farmhouse (FMHS), Mopals.com (PALS) and PSM HOLDINGS IN/SH (PSMH).
View all of RKT's 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), Square (SQ), DraftKings (DKNG), Zoom Video Communications (ZM), NIO (NIO), Walmart (WMT) 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 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.

What is Rocket Companies' stock symbol?

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

Who are Rocket Companies' major shareholders?

Rocket Companies' stock is owned by a number of retail and institutional investors. Top institutional investors include Invesco Ltd. (0.47%), Caledonia Private Investments Pty Ltd (0.47%), BlackRock Inc. (0.28%), Davis Selected Advisers (0.12%), Geode Capital Management LLC (0.08%) and Simplex Trading LLC (0.00%).
View institutional ownership trends for Rocket Companies.

Which major investors are selling Rocket Companies stock?

RKT stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Greylin Investment Mangement Inc., HAP Trading LLC, Jane Street Group LLC, Allianz Asset Management GmbH, IMC Chicago LLC, Caledonia Private Investments Pty Ltd, and Van ECK Associates Corp.
View insider buying and selling activity for Rocket Companies or view top insider-selling stocks.

Which major investors are buying Rocket Companies stock?

RKT stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., EMG Holdings L.P., Schonfeld Strategic Advisors LLC, Exencial Wealth Advisors LLC, Millennium Management LLC, K2 Principal Fund L.P., BlackRock Inc., and Simplex Trading LLC.
View insider buying and selling activity for Rocket Companies or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Rocket Companies' stock price today?

One share of RKT stock can currently be purchased for approximately $15.32.

How much money does Rocket Companies make?

Rocket Companies has a market capitalization of $30.40 billion and generates $15.74 billion in revenue each year. The company earns $197.95 million in net income (profit) each year or $3.10 on an earnings per share basis.

How many employees does Rocket Companies have?

Rocket Companies employs 2,020 workers across the globe.

When was Rocket Companies founded?

Rocket Companies was founded in 1985.

What is Rocket Companies' official website?

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

Where are Rocket Companies' headquarters?

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

How can I contact Rocket Companies?

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