Rocket Companies, Inc. (RKT)
Stock Price:
$21.42 USD
-0.85 (-3.82%)
Updated Sep 21, 2020 4:00 PM EDT - Market closed
After-hours: $21.67 +0.25 (1.17%) Sep 21, 7:59 PM
Key Info
| Market Cap |
42.49B |
| Revenue (ttm) |
10.13B |
| Net Income (ttm) |
4.81B |
| Shares Out |
100.37M |
| EPS (ttm) |
8.57 |
| PE Ratio |
32.96 |
| Forward PE |
14.43 |
| Dividend |
n/a |
| Dividend Yield |
n/a |
Stock Quote
| Trading Day |
Sep 21, 2020 |
| Last Price |
$21.42 |
| Previous Close |
$22.27 |
| Change ($) |
-0.85 |
| Change (%) |
-3.82% |
| Day's Open |
21.46 |
| Day's Range |
21.11 - 22.09 |
| Day's Volume |
8,183,438 |
| 52-Week Range |
17.50 - 34.42 |
More Stats
| Market Cap |
42.49B |
| Enterprise Value |
59.42B |
| Earnings Date (est) |
Dec 2, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
100.37M |
| Float |
87.39M |
| EPS (basic) |
n/a |
| EPS (diluted) |
8.57 |
| FCF / Share |
n/a |
| Dividend |
n/a |
| Dividend Yield |
n/a |
| Earnings Yield |
n/a |
| FCF Yield |
n/a |
| Payout Ratio |
n/a |
| Shares Short |
3.55M |
| Short Ratio |
0.36 |
| Short % of Float |
11.71% |
| Beta |
n/a |
| PE Ratio |
32.96 |
| Forward PE |
14.43 |
| P/FCF Ratio |
n/a |
| PS Ratio |
4.20 |
| PB Ratio |
8.16 |
| Revenue |
10.13B |
| Operating Income |
n/a |
| Net Income |
4.81B |
| Free Cash Flow |
n/a |
| Net Cash |
-16.93B |
| Net Cash / Share |
-8.53 |
| Gross Margin |
51.89% |
| Operating Margin |
n/a |
| Profit Margin |
22.02% |
| FCF Margin |
n/a |
| ROA |
n/a |
| ROE |
n/a |
| ROIC |
n/a |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (12)
| Buy |
3 |
| Overweight |
0 |
| Hold |
8 |
| Underweight |
0 |
| Sell |
1 |
Analyst Consensus: Overweight
Price Target
$28.17*
(31.51% upside)
Low
20.0
Current: $21.42
High
35.0
Target: 28.17
*Average 12-month price target from 12 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 |
|---|
| Revenue | 5,120 | 4,210 | 4,150 |
| Revenue Growth | 21.63% | 1.44% | - |
| Gross Profit | 5,120 | 4,210 | 4,150 |
| Operating Income | 1,035 | 745 | 850 |
| Net Income | 894 | 613 | 771 |
| Operating Cash Flow | -6,959 | 1,426 | -243 |
| Capital Expenditures | 87.98 | -64.47 | -67.78 |
| Free Cash Flow | -6,871 | 1,362 | -311 |
| Cash & Equivalents | 1,412 | 1,101 | 0.00 |
| Total Debt | 15,176 | 7,578 | - |
| Net Cash / Debt | -13,764 | -6,477 | 0.00 |
| Assets | 20,077 | 11,553 | - |
| Liabilities | 16,574 | 8,773 | - |
| Book Value | 3,498 | 2,775 | - |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Rocket Companies, Inc. |
| Country |
United States |
| Employees |
20,000 |
| CEO |
Jay Farner |
Stock Information
| Ticker Symbol |
RKT |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Financial Services |
| Industry |
Mortgage Finance |
| Unique Identifier |
NYSE: RKT |
| IPO Date |
August 6, 2020 |
Description
Rocket Companies, Inc. engages in the mortgage business in the United States. It is involved in originating, processing, underwriting, and servicing predominantly government sponsored enterprises-conforming mortgage loans, as well as Fair Housing Act, U.S. Department of Agriculture, and U.S. Department of Veteran's Affairs mortgage loans. The company offers its mortgage loans in 50 states through the internet, national television, and other marketing channels. It also offers title insurance, property valuation, and settlement services; online marketing and lead generation services; online-based personal loans; and car sales support services to car rental and online car purchasing platforms. The company also operates a digital platform for buying and selling homes; a sales and support platform that offers in inbound and outbound contact center services; and a loan origination platform. Rocket Companies, Inc. was founded in in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. is a subsidiary of Rock Holdings, Inc.