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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

Stock Price Chart

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

Year201920182017
Revenue5,1204,2104,150
Revenue Growth21.63%1.44%-
Gross Profit5,1204,2104,150
Operating Income1,035745850
Net Income894613771
Operating Cash Flow-6,9591,426-243
Capital Expenditures87.98-64.47-67.78
Free Cash Flow-6,8711,362-311
Cash & Equivalents1,4121,1010.00
Total Debt15,1767,578-
Net Cash / Debt-13,764-6,4770.00
Assets20,07711,553-
Liabilities16,5748,773-
Book Value3,4982,775-
Numbers in millions USD, except per-share numbers.

Company Profile

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.