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

Rocket Cos. Inc. (RKT): $11.56

0.58 (+5.28%)

POWR Rating

Component Grades

Momentum

C

Stability

F

Sentiment

Quality

B

RKT Price/Volume Stats

Current price $11.56 52-week high $15.19
Prev. close $10.98 52-week low $7.17
Day low $11.25 Volume 6,665,500
Day high $12.35 Avg. volume 2,483,119
50-day MA $12.59 Dividend yield N/A
200-day MA $10.02 Market Cap 22.92B

RKT Stock Price Chart Interactive Chart >

RKT POWR Grades

  • Momentum is the dimension where RKT ranks best; there it ranks ahead of 78.59% of US stocks.
  • The strongest trend for RKT is in Growth, which has been heading up over the past 26 weeks.
  • RKT ranks lowest in Value; there it ranks in the 2nd percentile.

RKT Stock Summary

  • With a one year PEG ratio of 1,655.94, ROCKET COMPANIES INC is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 97.97% of US stocks.
  • RKT's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 98.78% of US stocks.
  • As for revenue growth, note that RKT's revenue has grown -54.89% over the past 12 months; that beats the revenue growth of merely 4.22% of US companies in our set.
  • If you're looking for stocks that are quantitatively similar to ROCKET COMPANIES INC, a group of peers worth examining would be UWMC, BRLT, GCMG, STCN, and EE.
  • 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

  • In comparison to the median Financial Services stock, RKT's EV/EBIT ratio is 2624.69% higher, now standing at 325.6.
  • Over the past 41 months, RKT's price/earnings ratio has gone down 1345.8.

Below are key valuation metrics over time for RKT.

Stock Date P/S P/B P/E EV/EBIT
RKT 2023-12-22 8.1 47.7 -1298.0 325.6
RKT 2023-12-21 8.2 48.3 -1313.0 328.5
RKT 2023-12-20 7.9 46.3 -1260.1 318.2
RKT 2023-12-19 8.0 46.7 -1270.7 320.3
RKT 2023-12-18 7.7 45.4 -1233.7 313.1
RKT 2023-12-15 7.6 44.5 -1210.8 308.6

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.
  • 500 - Internal server error

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)

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)


RKT Latest News Stream


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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.

Mortgage Company Stocks Have More Than Doubled This Year

The Federal Reserve's new tune on interest rates has been good for mortgage company stocks. Shares in some of those firms have more than doubled this year, including a big run-up this month after the central bank [signaled it is done lifting rates](https://www.

Yahoo | December 27, 2023

15 Prominent NYSE Stocks That Hit 52-Week Highs This Week

In this article, we will take a look at the 15 prominent NYSE stocks that hit 52-week highs this week. To skip our analysis of the recent trends, and market activity, you can go directly to see the 5 Prominent NYSE Stocks That Hit 52-Week Highs This Week. The Wall Street ended another week in […]

Yahoo | December 24, 2023

Rocket Homes Launches First AI-Driven Apple CarPlay Feature to Fuel Homeownership

Rocket Homes, a tech-based real estate service provider and part of Rocket Companies (NYSE: RKT), today announced its iOS app is now available on car, truck and SUV infotainment screens through Apple CarPlay – turning the everyday commute into an exciting and natural part of the homebuying journey.

Yahoo | December 12, 2023

Agree Realty Announces Appointment of Linglong He to Board of Directors

Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that Linglong He will join the Company's Board of Directors (the "Board"), effective January 1, 2024.

Yahoo | December 11, 2023

Fintech Rocket Cos. Stock Scores Relative Price Strength Upgrade

On Thursday, Rocket Cos. stock earned a positive adjustment to its Relative Strength (RS) Rating, from 79 to 85. The Detroit-based fintech firm provides mortgage lending, title, and settlement services. Is Rocket Cos. Stock A Buy?

Yahoo | December 7, 2023

Read More 'RKT' Stories Here

RKT Price Returns

1-mo -4.70%
3-mo 28.02%
6-mo 10.73%
1-year 46.89%
3-year -43.11%
5-year N/A
YTD -20.17%
2023 106.86%
2022 -50.00%
2021 -30.76%
2020 N/A
2019 N/A

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