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Rocket Companies, Inc. (RKT)

Stock Price: $20.05 USD 0.08 (0.40%)
Updated Jan 22, 2021 4:00 PM EST - Market closed
After-hours: $20.14 +0.09 (0.45%) Jan 22, 7:59 PM
Market Cap 39.79B
Revenue (ttm) 13.17B
Net Income (ttm) 951.16M
Shares Out 106.27M
EPS (ttm) 8.95
PE Ratio 2.24
Forward PE 10.82
Dividend n/a
Dividend Yield n/a
Trading Day January 22
Last Price $20.05
Previous Close $19.97
Change ($) 0.08
Change (%) 0.40%
Day's Open 19.82
Day's Range 19.75 - 20.14
Day's Volume 5,069,992
52-Week Range 18.23 - 31.31

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InvestorPlace - 2 days ago

This week, Joe Biden will be inaugurated as the 46th president of the United States. While there concerns about riskier assets, including stocks under $20, heading into Election Day, it's clea...

Other stocks mentioned: CLOV, CNTY, GOEV, IGT, IPOF, MLCO
Zacks Investment Research - 3 days ago

In the latest trading session, Rocket Companies (RKT) closed at $19.87, marking a +1.69% move from the previous day.

Zacks Investment Research - 1 week ago

In the latest trading session, Rocket Companies (RKT) closed at $20.16, marking a +1.15% move from the previous day.

Zacks Investment Research - 2 weeks ago

The U.S. services sector has witnessed continued expansion and seems poised to carry on its good run, making it prudent to look at names like APi Group (APG), Black Knight (BKI) and IBEX (IBEX)

Other stocks mentioned: APG, BKI, DOCU, IBEX
Benzinga - 2 weeks ago

In light of Super Bowl LV, Rocket Companies Inc (NYSE: RKT) is bringing back the Rocket Mortgage Super Bowl Squares Sweepstakes. During its second iteration, Super Bowl Squares participants wi...

The Motley Fool - 2 weeks ago

Rocket to the First Horizon for 2021 with these cheap stocks.

Other stocks mentioned: FHN
CNBC Television - 3 weeks ago

Final Trades: Raytheon, Store Capital, DXC Technology & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other stocks mentioned: DXC, RTX, STOR, KFY
Seeking Alpha - 3 weeks ago

Rocket Companies: After The Peak

Zacks Investment Research - 3 weeks ago

Bull of the Day: Rocket Companies (RKT)

The Motley Fool - 3 weeks ago

Rocket Companies has both a marketing and a cost edge over its competitors.

InvestorPlace - 1 month ago

Investors already enjoying strong gains in the year may want to look at these short-term stocks to buy heading into the new year. The post 7 Short-Term Stocks To Buy for a Happy New Year   app...

Other stocks mentioned: GFF, MTZ, QCOM, QRVO, REGN, SWKS
Benzinga - 1 month ago

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts be...

The Motley Fool - 1 month ago

The mortgage originator has some risk, but its earnings multiples are extremely low and Wall Street is underestimating it.

InvestorPlace - 1 month ago

Alphabet, Amazon, Wynn Resorts and Rocket Companies were our top stock trades for Tuesday. Now, let's have a look at the charts now.

Other stocks mentioned: AMZN, GOOG, GOOGL, WYNN
Zacks Investment Research - 1 month ago

Investors need to pay close attention to Rocket Companies (RKT) stock based on the movements in the options market lately.

The Motley Fool - 1 month ago

This diverse group of stocks could offer investors peace of mind and profit in the years ahead.

Other stocks mentioned: MKL, MSFT
PRNewsWire - 1 month ago

DETROIT, Dec. 9, 2020 /PRNewswire/ -- Nexsys Technologies, a FinTech company and subsidiary of Rocket Companies (NYSE:RKT) that provides a suite of essential tech solutions for mortgage origin...

The Motley Fool - 1 month ago

All good things must come to an end. What happens then?

The Motley Fool - 1 month ago

The mortgage titan is a major beneficiary of historically low interest rates.

CNBC Television - 1 month ago

Jon's latest options trades

"Halftime Report" trader Jon Najarian spots unusual options activity in Sabre Corp.

Other stocks mentioned: SABR
PRNewsWire - 2 months ago

DETROIT, Nov. 19, 2020 /PRNewswire/ -- Rocket Mortgage, America's largest mortgage lender, and Amrock, one of the nation's largest providers of title insurance, property valuations and settlem...

PRNewsWire - 2 months ago

DETROIT, Nov. 16, 2020 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based holding company consisting of tech-driven real estate, mortgage...

The Motley Fool - 2 months ago

Are Wall Street analysts underestimating the opportunity of this mortgage originator specialist?

The Motley Fool - 2 months ago

The company boasts a booming business and a low-single-digit multiple.

Other stocks mentioned: PFSI
Pulse2 - 2 months ago

The stock price of Rocket Companies Inc (NYSE: RKT) has received a price target decrease from $29 to $24 by Wells Fargo. These are the details.

CNN Business - 2 months ago

It's an amazing time to be a mortgage lender. The pandemic has set off an epic rush to buy homes and an urgent need for mortgages.

CNBC Television - 2 months ago

Rocket Companies CEO on how technology drove record loan volume in Q3

Detroit-based lender Rocket Companies closed volume grew 122% from a year ago, bringing in a record $89 billion. CEO Jay Farner credits its nearly $500 million investments in technology over t...

CNBC - 2 months ago

Rocket Companies CEO Jay Farner said the lender saw $30 billion in closed volume in the month of October, double what it saw in the beginning of 2020.

The Motley Fool - 2 months ago

Although revenue and net income dropped slightly from Q2, the company serviced more customers than ever before.

Benzinga - 2 months ago

Rocket Companies Inc (NYSE: RKT) shares fell about 3.3% on Wednesday after the company reported a record third quarter on Tuesday afternoon. The Numbers: Rocket Companies, which is the parent ...

PRNewsWire - 2 months ago

DETROIT, Nov. 11, 2020 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT), a Detroit-based holding company consisting of tech-driven real estate, mortgage and financial services businesses – i...

The Dog of Wall Street - 2 months ago

Revenue skyrocketed 186 percent to $4.63 billion in the three-month period ended September 30

Benzinga - 2 months ago

Detroit-based Rocket Companies Inc (NYSE: RKT), home to Rocket Mortgage and Quicken Loans, the largest retail mortgage lender, reported a third-quarter earnings beat after Tuesday's close. Wha...

Seeking Alpha - 2 months ago

Rocket Companies, Inc. (RKT) CEO Jay Farner on Q3 2020 Results - Earnings Call Transcript

Market Watch - 2 months ago

Rocket Companies Inc. shares dipped 2% in after-hours trading Tuesday after the Quicken Loans' parent company and provider of technology services related to homeownership and other personal fi...

Benzinga - 2 months ago

Rocket Companies Inc (NYSE: RKT) reported third-quarter earnings after the close on Tuesday. Q3 Earnings: The parent company of Rocket Mortgage and Quicken Loans reported adjusted revenue of $...

Market Watch - 2 months ago

Rocket Companies Inc. shares dipped 1% in after-hours trading Tuesday after the Quicken Loans' parent company and provider of technology services related to homeownership and other personal fi...

PRNewsWire - 2 months ago

DETROIT, Nov. 9, 2020 /PRNewswire/ -- Rocket Mortgage by Quicken Loans, the nation's largest mortgage lender and a subsidiary of Rocket Companies (NYSE: RKT), was today named #1 in the nation ...

Seeking Alpha - 2 months ago

Demand for U.S. Mortgages has surged due to ultra-low interest rates and a shift in geographical preference by consumers. Rocket Companies (RKT), as of late, has been correlated to the overall...

Benzinga - 2 months ago

Rocket Companies (NYSE: RKT) subsidiary Lendesk announced Tuesday that it has acquired Finmo. Finmo is the fastest-growing mortgage origination platform in Canada.

The Motley Fool - 2 months ago

Is the Street underestimating the mortgage lender's opportunity?

Seeking Alpha - 3 months ago

The mortgage space is heating up and ripe for public offerings. Three residential mortgage lenders pricing in October: Guild Holdings, AmeriHome, and Caliber Home Loans.

Other stocks mentioned: GHIV
PRNewsWire - 3 months ago

DETROIT, Oct. 19, 2020 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based holding company consisting of tech-driven real estate, mortgage...

The Motley Fool - 3 months ago

Is Wall Street underestimating the opportunity of this financial services company?

Benzinga - 3 months ago

Rocket Mortgage continues to grow its product through partnerships with mortgage brokers and users outside its existing customer base. What Happened: Rocket Companies (NYSE: RKT) and Mint, an ...

PRNewsWire - 3 months ago

SAN DIEGO and DETROIT, Oct. 14, 2020 /PRNewswire/ -- Today, financial empowerment app Mint by Intuit Inc. (Nasdaq: INTU), and Rocket Companies (NYSE: RKT), announced a first-of-its kind partne...

Other stocks mentioned: INTU
Benzinga - 3 months ago

Detroit-based Rocket Companies continues to expand its mortgage business after going public in 2020. What Happened: Rocket Companies (NYSE: RKT) announced Monday the launch of “Rocket Pro Insi...

Seeking Alpha - 3 months ago

RKT will benefit from lower for longer as it pertains to interest rates.

PRNewsWire - 3 months ago

DETROIT, Oct. 12, 2020 /PRNewswire/ -- Rocket Companies (NYSE: RKT) today launched "Rocket Pro Insight", a new technology platform providing real estate agents real-time updates on the status ...

Benzinga - 3 months ago

Rocket Companies Inc (NYSE: RKT) shares traded slightly higher on Friday after a major Wall Street firm upgraded the stock. The Analyst: JPMorgan analyst Richard Shane upgraded Rocket Companie...

About RKT

Rocket Companies is a Detroit-based holding company consisting of personal finance and consumer service brands including Rocket Mortgage, Rocket Homes, Rocket Loans, Rocket Auto, Rock Central, Amrock, Core Digital Media, Rock Connections, Lendesk and Edison Financial. Since 1985, Rocket Companies has been obsessed with helping its clients achieve the American dream of home ownership and financial freedom. Rocket Companies offers an industry-leading client experience powered by our simple, fast, and trusted digital solutions. Rocket Companies ha... [Read more...]

Industry
Mortgage Finance
IPO Date
Aug 6, 2020
CEO
Jay D. Farner
Employees
22,000
Stock Exchange
NYSE
Ticker Symbol
RKT
Full Company Profile

Financial Performance

In 2019, RKT's revenue was $5.12 billion, an increase of 21.63% compared to the previous year's $4.21 billion. Earnings were $893.75 million, an increase of 45.83%.

Financial Statements

Analyst Forecasts

According to 15 analysts, the average rating for RKT stock is "Buy." The 12-month stock price forecast is 24.61, which is an increase of 22.74% from the latest price.

Price Target
$24.61
(22.74% upside)
Analyst Consensus: Buy