Rocket Companies, Inc. (RKT)

Rocket Companies Statistics

Total Valuation

RKT has a market cap or net worth of $27.29 billion. The enterprise value is $23.53 billion.

Market Cap	27.29B
Enterprise Value	23.53B

Important Dates

The last earnings date was Tuesday, November 12, 2024, after market close.

Earnings Date	Nov 12, 2024
Ex-Dividend Date	n/a

Share Statistics

RKT has 1.99 billion shares outstanding. The number of shares has increased by 9.81% in one year.

Current Share Class	145.84M
Shares Outstanding	1.99B
Shares Change (YoY)	+9.81%
Shares Change (QoQ)	+1,334.53%
Owned by Insiders (%)	6.30%
Owned by Institutions (%)	71.34%
Float	136.59M

Valuation Ratios

PE Ratio	n/a
Forward PE	28.94
PS Ratio	0.44
Forward PS	4.60
PB Ratio	3.04
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	5.47
EV / EBITDA	80.15
EV / EBIT	128.33
EV / FCF	n/a

Financial Position

The company has a current ratio of 6.35, with a Debt / Equity ratio of 1.83.

Current Ratio	6.35
Quick Ratio	0.62
Debt / Equity	1.83
Debt / EBITDA	39.39
Debt / FCF	n/a
Interest Coverage	0.42

Financial Efficiency

Return on equity (ROE) is -2.91% and return on invested capital (ROIC) is 0.53%.

Return on Equity (ROE)	-2.91%
Return on Assets (ROA)	0.50%
Return on Capital (ROIC)	0.53%
Revenue Per Employee	$292,834
Profits Per Employee	-$1,030
Employee Count	14,700
Asset Turnover	0.19
Inventory Turnover	n/a

Taxes

Income Tax	-4.33M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +51.83% in the last 52 weeks. The beta is 2.44, so RKT's price volatility has been higher than the market average.

Beta (5Y)	2.44
52-Week Price Change	+51.83%
50-Day Moving Average	17.23
200-Day Moving Average	15.15
Relative Strength Index (RSI)	26.88
Average Volume (20 Days)	3,820,365

Short Selling Information

The latest short interest is 19.19 million, so 0.96% of the outstanding shares have been sold short.

Short Interest	19.19M
Short Previous Month	18.19M
Short % of Shares Out	0.96%
Short % of Float	14.05%
Short Ratio (days to cover)	6.29

Income Statement

In the last 12 months, RKT had revenue of $4.30 billion and -$15.14 million in losses. Loss per share was -$1.32.

Revenue	4.30B
Gross Profit	4.30B
Operating Income	183.36M
Pretax Income	27.32M
Net Income	-15.14M
EBITDA	293.59M
EBIT	183.36M
Loss Per Share	-$1.32

Balance Sheet

The company has $1.46 billion in cash and $15.29 billion in debt, giving a net cash position of -$13.84 billion or -$6.94 per share.

Cash & Cash Equivalents	1.46B
Total Debt	15.29B
Net Cash	-13.84B
Net Cash Per Share	-$6.94
Equity (Book Value)	8.35B
Book Value Per Share	4.50
Working Capital	12.65B

Cash Flow

In the last 12 months, operating cash flow was -$3.08 billion and capital expenditures -$48.25 million, giving a free cash flow of -$3.13 billion.

Operating Cash Flow	-3.08B
Capital Expenditures	-48.25M
Free Cash Flow	-3.13B
FCF Per Share	-$1.57

Margins

Gross margin is 100.00%, with operating and profit margins of 4.26% and -0.35%.

Gross Margin	100.00%
Operating Margin	4.26%
Pretax Margin	-5.80%
Profit Margin	-0.35%
EBITDA Margin	6.82%
EBIT Margin	4.26%
FCF Margin	-31.93%

Dividends & Yields

RKT does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-9.81%
Shareholder Yield	-9.81%
Earnings Yield	-0.06%
FCF Yield	-11.46%

Analyst Forecast

The average price target for RKT is $15.23, which is 11.33% higher than the current price. The consensus rating is "Sell".

Price Target	$15.23
Price Target Difference	11.33%
Analyst Consensus	Sell
Analyst Count	11
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

RKT has an Altman Z-Score of 0.88 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.88
Piotroski F-Score	3