Financhill
Sell
34

RKT Quote, Financials, Valuation and Earnings

Last price:
$12.94
Seasonality move :
7.62%
Day range:
$12.51 - $12.99
52-week range:
$10.06 - $21.38
Dividend yield:
0%
P/E ratio:
78.81x
P/S ratio:
2.74x
P/B ratio:
2.65x
Volume:
6.1M
Avg. volume:
13.6M
1-year change:
4.27%
Market cap:
$1.9B
Revenue:
$4.9B
EPS (TTM):
$0.16

Analysts' Opinion

  • Consensus Rating
    Rocket Companies has received a consensus rating of Hold. The company's average rating is a Hold based on 1 Buy rating, 11 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $14.50, Rocket Companies has an estimated upside of 14.99% from its current price of $12.94.
  • Price Target Downside
    According to analysts, the lowest downside price target is $11.50 representing 8.8% downside risk from its current price of $12.94.

Fair Value

  • According to the consensus of 12 analysts, Rocket Companies has 14.99% upside to fair value with a price target of $14.50 per share.

RKT vs. S&P 500

  • Over the past 5 trading days, Rocket Companies has overperformed the S&P 500 by 6.16% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • Rocket Companies does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Rocket Companies has grown year-over-year revenues for 1 quarter straight. In the most recent quarter Rocket Companies reported revenues of $1.7B.

Earnings Growth

  • Rocket Companies earnings have been falling on a year-over-year basis for 1 quarter in a row. In the most recent quarter Rocket Companies reported earnings per share of $0.23.
Enterprise value:
13.9B
EV / Invested capital:
--
Price / LTM sales:
2.74x
EV / EBIT:
12.26x
EV / Revenue:
2.83x
PEG ratio (5yr expected):
--
EV / Free cash flow:
-4.06x
Price / Operating cash flow:
--
Enterprise value / EBITDA:
--
Gross Profit (TTM):
--
Return On Assets:
0.13%
Net Income Margin (TTM):
0.6%
Return On Equity:
0.34%
Return On Invested Capital:
0.21%
Operating Margin:
--
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Income Statement
Revenue $5.7B $3.6B $4.9B $655.4M $1.7B
Gross Profit -- -- -- -- --
Operating Income -- -- -- -- --
EBITDA -- -- -- -- --
Diluted EPS $0.32 -$0.16 $0.16 -$0.09 $0.23
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Balance Sheet
Current Assets $10.2B $5.3B $3.1B $3.5B $5B
Total Assets $37.5B $32.8B $20.1B $19.2B $24.5B
Current Liabilities $20.6B $11.8B $5.2B $4.8B $9.1B
Total Liabilities $29.7B $23B $11.6B $10.9B $15.5B
Total Equity $7.9B $9.8B $8.5B $8.3B $9B
Total Debt $7.4B $9.3B $5.5B $4.9B $5B
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Cash Flow Statement
Cash Flow Operations $10.8B $110.3M -$2.6B $1.4B $1.8B
Cash From Investing $578.7M $861.2M -$495.5M $122.2M -$35.6M
Cash From Financing -$12.8B -$623.6M $3.3B -$1.4B -$1.8B
Free Cash Flow $10.7B -$51.2M -$3.4B $1.4B $1.7B
RKT
Sector
Market Cap
$1.9B
$601.7M
Price % of 52-Week High
58.98%
83.79%
Dividend Yield
0%
2.08%
Shareholder Yield
8.63%
3.96%
1-Year Price Total Return
2.11%
7.93%
Beta (5-Year)
--
0.555
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

Technicals

8-day SMA
Buy
Level $12.45
200-day SMA
Sell
Level $14.97
Bollinger Bands (100)
Buy
Level 11.56 - 14
Chaikin Money Flow
Sell
Level -396.1M
20-day SMA
Buy
Level $12.86
Relative Strength Index (RSI14)
Buy
Level 50.13
ADX Line
Buy
Level 10.72
Williams %R
Neutral
Level -61.3426
50-day SMA
Sell
Level $13.44
MACD (12, 26)
Sell
Level -0.24
25-day Aroon Oscillator
Sell
Level -16
On Balance Volume
Neutral
Level 239.7M

Financial Scores

Sell
Altman Z-Score (Annual)
Level (0.2382)
Sell
CA Score (Annual)
Level (-2.2991)
--
Beneish M-Score (Annual)
Level (--)
Buy
Momentum Score
Level (8)
Buy
Ohlson Score
Level (-0.366)
--
Piotroski F Score (Annual)
Level (--)
--
Quality Ratio Score
Level (--)
Sell
Fundamental Score
Level (2)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company’s mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company’s lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket’s origination process to offer loans to their customers. The company has rapidly gained market share in recent years and will also be the largest mortgage servicer in the US following its acquisition of the Mr. Cooper Group.

Stock Forecast FAQ

In the current month, RKT has received 1 Buy ratings 11 Hold ratings, and 0 Sell ratings. The RKT average analyst price target in the past 3 months is $14.50.

  • Where Will Rocket Companies Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Rocket Companies share price will rise to $14.50 per share over the next 12 months.

  • What Do Analysts Say About Rocket Companies?

    Analysts are divided on their view about Rocket Companies share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Rocket Companies is a Sell and believe this share price will drop from its current level to $11.50.

  • What Is Rocket Companies's Price Target?

    The price target for Rocket Companies over the next 1-year time period is forecast to be $14.50 according to 12 Wall Street analysts, 1 of them rates the stock a Buy, 0 rate the stock a Sell, and 11 analysts rate the stock a Hold.

  • Is RKT A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Rocket Companies is a Hold. 11 of 12 analysts rate the stock a Hold at this time.

  • How Can I Buy Shares Of RKT?

    You can purchase shares of Rocket Companies via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, tastytrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Rocket Companies shares.

  • What Is The Rocket Companies Share Price Today?

    Rocket Companies was last trading at $12.94 per share. This represents the most recent stock quote for Rocket Companies. Yesterday, Rocket Companies closed at $12.94 per share.

  • How To Buy Rocket Companies Stock Online?

    In order to purchase Rocket Companies stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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