Rocket Cos. Inc. (RKT): Price and Financial Metrics


Rocket Cos. Inc. (RKT): $9.34

-0.07 (-0.74%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

RKT POWR Grades

  • RKT scores best on the Quality dimension, with a Quality rank ahead of 88.44% of US stocks.
  • RKT's strongest trending metric is Growth; it's been moving down over the last 179 days.
  • RKT ranks lowest in Sentiment; there it ranks in the 0th percentile.

RKT Stock Summary

  • The capital turnover (annual revenue relative to shareholder's equity) for RKT is 14.23 -- better than 97.84% of US stocks.
  • RKT's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 99.27% of US stocks.
  • ROCKET COMPANIES INC's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 79.15%, greater than the shareholder yield of 97.78% of stocks in our set.
  • Stocks that are quantitatively similar to RKT, based on their financial statements, market capitalization, and price volatility, are GCMG, HGTY, SDC, TRKA, and RYAN.
  • RKT's SEC filings can be seen here. And to visit ROCKET COMPANIES INC's official web site, go to www.rocketcompanies.com.

RKT Valuation Summary

  • RKT's EV/EBIT ratio is 68.7; this is 518.92% higher than that of the median Financial Services stock.
  • Over the past 30 months, RKT's price/sales ratio has gone down 6.

Below are key valuation metrics over time for RKT.

Stock Date P/S P/B P/E EV/EBIT
RKT 2023-01-23 2.3 32.2 160.7 68.7
RKT 2023-01-20 2.2 31.1 154.9 67.0
RKT 2023-01-19 2.1 30.2 150.7 65.9
RKT 2023-01-18 2.1 30.2 150.3 65.8
RKT 2023-01-17 2.1 29.4 146.6 64.7
RKT 2023-01-13 2.0 29.1 145.0 64.3

RKT's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • RKT has a Quality Grade of C, ranking ahead of 42.02% of graded US stocks.
  • RKT's asset turnover comes in at 0.456 -- ranking 16th of 430 Banking stocks.
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The table below shows RKT's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.456 0.796 0.014
2021-03-31 0.546 0.821 0.078
2020-12-31 0.502 0.794 0.011

RKT Price Target

For more insight on analysts targets of RKT, see our RKT price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $19.23 Average Broker Recommendation 2 (Hold)

RKT Stock Price Chart Interactive Chart >

Price chart for RKT

RKT Price/Volume Stats

Current price $9.34 52-week high $14.31
Prev. close $9.41 52-week low $5.97
Day low $9.26 Volume 472,659
Day high $9.54 Avg. volume 2,613,977
50-day MA $8.08 Dividend yield N/A
200-day MA $8.14 Market Cap 18.41B

Rocket Cos. Inc. (RKT) Company Bio


Rocket Mortgage, LLC (formerly known as Quicken Loans LLC) is a mortgage loan provider. It is headquartered in the One Campus Martius building in the financial district of Downtown Detroit, Michigan. In January 2018, the company became the largest overall retail lender in the U.S. (it is also the largest online retail mortgage lender). Unlike other large mortgage lenders that depend on deposits, Rocket Mortgage relies on wholesale funding to make its loans and uses online applications rather than a branch system. Amrock and One Reverse Mortgage are also part of the Rocket Mortgage Family of Companies. The company closed more than $400 billion of mortgage volume across all 50 states from 2013 through 2017. (Source:Wikipedia)


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Latest RKT News From Around the Web

Below are the latest news stories about ROCKET COMPANIES INC that investors may wish to consider to help them evaluate RKT as an investment opportunity.

Can you now get a good deal on Rocket Companies Inc.’s shares?

The share price of Rocket Companies Inc. (NYSE:RKT) rose to $8.98 per share on Wednesday from $8.94. While Rocket Companies Inc. has overperformed by 0.45%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, RKT fell by -25.41%, with highs and lows ranging from $13.30 to $5.97, […]

US Post News | January 26, 2023

Is News Corp Selling At The Lows? What You Need To Know About Mortgage Industry M&A

Last week, Rocket Companies Inc (NYSE: RKT ) Chief Financial Officer Brian Brown predicted the expected reduction in home buying activity in 2023 will force more industry consolidation , as large industry players have been active in the mortgage company market, scooping up smaller lenders — or at the least, poaching a number of departing staff. Brown looks to be correct, as the executive’s predictions came just days before news broke of a multi-billion dollar consolidation deal in the depressed mortgage industry. What Happened: Rupert Murdoch’s News Corp. (NASDAQ: NWSA ) is in talks to … Full story available on Benzinga.com

Benzinga | January 25, 2023

Rocket Power: CFO Predicts Consolidation To Drive Buying And Lower Home Prices

As the mortgage industry braces for a decline in activity, Rocket Companies Inc (NYSE: RKT ) CFO Brian Brown predicts that consolidation will be necessary, but potential homebuyers may see a silver lining in the form of lower home prices. What Happened: According to an analysis by Fitch Ratings, home values in the U.S. could drop as much as 5% this year, while some economists call for a drop of as much as 20%. Despite the potential pain, the executive believes that a slight decrease in prices could be beneficial for first-time home buyers who have been priced out of the market. Read also: Full story available on Benzinga.com

Benzinga | January 24, 2023

Stocks Fall Despite Upbeat Inflation Data

The Dow Jones Industrial Average is down triple digits, while the Nasdaq Composite and S&P 500 Index are also in the red.

TalkMarkets.com | January 18, 2023

Rocket Companies Inc. (NYSE:RKT) Stock Is up 44.72% From Its Low, This Stock Is Just Warming Up

The trading price of Rocket Companies Inc. (NYSE:RKT) floating higher at last check on Wednesday, January 18, closing at $8.64, 3.60% higher than its previous close. Traders who pay close attention to intraday price movement should know that it has been fluctuating between $8.09 and $8.35. The company’s P/E ratio in the trailing 12-month period … Rocket Companies Inc. (NYSE:RKT) Stock Is up 44.72% From Its Low, This Stock Is Just Warming Up Read More »

Stocks Register | January 18, 2023

Read More 'RKT' Stories Here

RKT Price Returns

1-mo N/A
3-mo 43.47%
6-mo -6.13%
1-year -24.37%
3-year N/A
5-year N/A
YTD 33.43%
2022 -50.00%
2021 -30.76%
2020 N/A
2019 N/A
2018 N/A

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