Rocket Companies, Inc. (RKT)
|Net Income (ttm)||951.16M|
|Trading Day||January 22|
|Day's Range||19.75 - 20.14|
|52-Week Range||18.23 - 31.31|
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...
In the latest trading session, Rocket Companies (RKT) closed at $19.87, marking a +1.69% move from the previous day.
In the latest trading session, Rocket Companies (RKT) closed at $20.16, marking a +1.15% move from the previous day.
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)
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...
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Rocket Companies: After The Peak
Bull of the Day: Rocket Companies (RKT)
Rocket Companies has both a marketing and a cost edge over its competitors.
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The mortgage originator has some risk, but its earnings multiples are extremely low and Wall Street is underestimating it.
Alphabet, Amazon, Wynn Resorts and Rocket Companies were our top stock trades for Tuesday. Now, let's have a look at the charts now.
Investors need to pay close attention to Rocket Companies (RKT) stock based on the movements in the options market lately.
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Nexsys Technologies Releases Clear HOI, a Groundbreaking Homeowners Insurance Verification Tool, to All Mortgage Lenders
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...
All good things must come to an end. What happens then?
The mortgage titan is a major beneficiary of historically low interest rates.
Jon's latest options trades
"Halftime Report" trader Jon Najarian spots unusual options activity in Sabre Corp.
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...
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...
Are Wall Street analysts underestimating the opportunity of this mortgage originator specialist?
The company boasts a booming business and a low-single-digit multiple.
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.
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.
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...
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.
Although revenue and net income dropped slightly from Q2, the company serviced more customers than ever before.
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 ...
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...
Revenue skyrocketed 186 percent to $4.63 billion in the three-month period ended September 30
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...
Rocket Companies, Inc. (RKT) CEO Jay Farner on Q3 2020 Results - Earnings Call Transcript
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...
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 $...
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...
Rocket Mortgage Ranked #1 in the U.S. for Client Satisfaction in Mortgage Origination by J.D. Power for the 11th Straight Year
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 ...
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...
Rocket Companies (NYSE: RKT) subsidiary Lendesk announced Tuesday that it has acquired Finmo. Finmo is the fastest-growing mortgage origination platform in Canada.
Is the Street underestimating the mortgage lender's opportunity?
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.
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...
Is Wall Street underestimating the opportunity of this financial services company?
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 ...
Mint and Rocket Mortgage Reveal New Technology to Foster the Next Generation of Financial Empowerment
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...
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...
RKT will benefit from lower for longer as it pertains to interest rates.
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 ...
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...
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...]
|IPO Date |
Aug 6, 2020
Jay D. Farner
|Stock Exchange |
|Ticker Symbol |
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%.
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.