Summary
20.43 -0.25(-1.19%)09/18/2024
Rocket Companies Inc (RKT)
Rocket Companies Inc (RKT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -1.19 | 6.68 | 8.12 | 39.70 | 65.85 | 120.27 | 0.00 | -0.89 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 20.43 | |
| Open | 20.77 | |
| High | 21.38 | |
| Low | 20.24 | |
| Volume | 4,098,691 | |
| Change | -0.25 | |
| Change % | -1.19 | |
| Avg Volume (20 Days) | 2,873,889 | |
| Volume/Avg Volume (20 Days) Ratio | 1.43 | |
| 52 Week Range | 7.17 - 21.28 | |
| Price vs 52 Week High | -4.02% | |
| Price vs 52 Week Low | 184.87% | |
| Range | 2.80 | |
| Gap Up/Down | -0.38 | |
Fundamentals | ||
| Market Capitalization (Mln) | 2,906 | |
| EBIDTA | 8,775,216,128 | |
| PE Ratio | 5.2559 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 18.11 | |
| Book Value | 5.1290 | |
| Earnings Per Share | 3.0290 | |
| EPS Estimate Current Quarter | 0.4800 | |
| EPS Estimate Next Quarter | 0.3500 | |
| EPS Estimate Current Year | 2.3000 | |
| EPS Estimate Next Year | 1.5600 | |
| Diluted EPS (TTM) | 3.0290 | |
| Revenues | ||
| Profit Marging | 0.0260 | |
| Operating Marging (TTM) | 0.5654 | |
| Return on asset (TTM) | 0.1477 | |
| Return on equity (TTM) | 1.0353 | |
| Revenue TTM | 15,375,268,864 | |
| Revenue per share TTM | 118.5870 | |
| Quarterly Revenue Growth (YOY) | -0.3200 | |
| Quarterly Earnings Growth (YOY) | -0.0050 | |
| Gross Profit (TTM) | 15,980,705,000 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 5.2559 | |
| Forward PE | 11.5473 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 3.0993 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 138,400,000 | |
| Shares Float | 125,187,478 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 1.22 | |
| Institutions (%) | 54.76 | |
09/18 14:17 EST - marketwatch.com
HELOC demand from homeowners surging as Fed cuts interest rates
Mortgage lenders are reporting an uptick in interest from homeowners looking for ways to extract equity from their houses through home-equity lines of credit as mortgage rates are poised to fall.
HELOC demand from homeowners surging as Fed cuts interest rates
Mortgage lenders are reporting an uptick in interest from homeowners looking for ways to extract equity from their houses through home-equity lines of credit as mortgage rates are poised to fall.
09/17 14:17 EST - youtube.com
Rate cut is already baked into mortgage rates, says Rocket Companies CEO Varun Krishna
Rocket Companies CEO Varun Krishna joins ‘The Exchange' to discuss the Fed's impact on mortgage rates, the state of the housing market, and more.
Rate cut is already baked into mortgage rates, says Rocket Companies CEO Varun Krishna
Rocket Companies CEO Varun Krishna joins ‘The Exchange' to discuss the Fed's impact on mortgage rates, the state of the housing market, and more.
09/12 07:30 EST - marketbeat.com
3 Stocks to Watch as Call Option Activity Heats Up
Whenever investors think of how to get exposure to a stock's direction, they typically only think of buying or selling a stock. However, professionals tend to delve a bit deeper into their views through the use of stock options.
3 Stocks to Watch as Call Option Activity Heats Up
Whenever investors think of how to get exposure to a stock's direction, they typically only think of buying or selling a stock. However, professionals tend to delve a bit deeper into their views through the use of stock options.
09/12 07:09 EST - marketbeat.com
3 Key Reasons Why Rocket Companies Stock Will Rally Soon
Markets will always have a reason to keep the market going, and always come up with reasons as to why a stock might be falling, whether these reasons are valid or not. Today, investors need to cut out the noise as volatility starts to hit the S&P 500 and other baskets of stocks, especially the ones that carry the most potential tail risk for a new rally based on fundamental reasons as well as technical.
3 Key Reasons Why Rocket Companies Stock Will Rally Soon
Markets will always have a reason to keep the market going, and always come up with reasons as to why a stock might be falling, whether these reasons are valid or not. Today, investors need to cut out the noise as volatility starts to hit the S&P 500 and other baskets of stocks, especially the ones that carry the most potential tail risk for a new rally based on fundamental reasons as well as technical.
09/10 08:00 EST - prnewswire.com
Rocket Companies Leaders Unveil Long-term Growth Strategy at Inaugural Investor Day
DETROIT , Sept. 10, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and other financial services businesses, will host its first Investor Day today at 9:00 a.m.
Rocket Companies Leaders Unveil Long-term Growth Strategy at Inaugural Investor Day
DETROIT , Sept. 10, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and other financial services businesses, will host its first Investor Day today at 9:00 a.m.
09/03 13:20 EST - prnewswire.com
Mortgage Technology Veteran Dan Sogorka to Lead Rocket's Broker Business Into AI-Driven Revolution
Sogorka, a former Business Unit President at Black Knight and CEO of mortgage technology firms Sagent and Cloudvirga, named General Manager of Rocket Mortgage's unit serving mortgage brokers Click here to download high resolution headshot DETROIT , Sept. 3, 2024 /PRNewswire/ -- Rocket Companies (NYSE: RKT) today announced it has named Dan Sogorka as General Manager of Rocket Pro Third Party Origination (TPO), the mortgage broker business of Rocket Mortgage, effective September 3.
Mortgage Technology Veteran Dan Sogorka to Lead Rocket's Broker Business Into AI-Driven Revolution
Sogorka, a former Business Unit President at Black Knight and CEO of mortgage technology firms Sagent and Cloudvirga, named General Manager of Rocket Mortgage's unit serving mortgage brokers Click here to download high resolution headshot DETROIT , Sept. 3, 2024 /PRNewswire/ -- Rocket Companies (NYSE: RKT) today announced it has named Dan Sogorka as General Manager of Rocket Pro Third Party Origination (TPO), the mortgage broker business of Rocket Mortgage, effective September 3.
08/26 16:05 EST - prnewswire.com
Rocket Companies to Host Investor Day on Tuesday, September 10, 2024
DETROIT , Aug. 26, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and other financial services businesses, today announced that the Company will host its first Investor Day on Tuesday, September 10, 2024 starting at 9:00 a.m. ET in Detroit, Michigan.
Rocket Companies to Host Investor Day on Tuesday, September 10, 2024
DETROIT , Aug. 26, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and other financial services businesses, today announced that the Company will host its first Investor Day on Tuesday, September 10, 2024 starting at 9:00 a.m. ET in Detroit, Michigan.
08/26 09:00 EST - prnewswire.com
Rocket Mortgage's "Welcome Home RateBreak" Unlocks the Door to Lower Mortgage Payments and Thousands in Savings for Homebuyers
New temporary buydown option eases the transition into homeownership with Rocket Mortgage covering the cost of a lower interest rate for two years DETROIT , Aug. 26, 2024 /PRNewswire/ -- Rocket Mortgage, the nation's largest mortgage lender and a part of Rocket Companies (NYSE: RKT), today introduced "Welcome Home RateBreak," a lender-paid 2-1 temporary buydown program. Buyers can enjoy significant savings with a mortgage rate reduced by two percentage points in the first year, then one percentage point in the second year before returning to the note rate in the third year and until the mortgage is paid off.
Rocket Mortgage's "Welcome Home RateBreak" Unlocks the Door to Lower Mortgage Payments and Thousands in Savings for Homebuyers
New temporary buydown option eases the transition into homeownership with Rocket Mortgage covering the cost of a lower interest rate for two years DETROIT , Aug. 26, 2024 /PRNewswire/ -- Rocket Mortgage, the nation's largest mortgage lender and a part of Rocket Companies (NYSE: RKT), today introduced "Welcome Home RateBreak," a lender-paid 2-1 temporary buydown program. Buyers can enjoy significant savings with a mortgage rate reduced by two percentage points in the first year, then one percentage point in the second year before returning to the note rate in the third year and until the mortgage is paid off.
08/17 07:59 EST - invezz.com
Rocket Companies' insider buying surges amid analyst downgrades: Is it a buy?
An Insider at Rocket Companies is constantly buying shares even as analysts issue downgrades. Is there something he knows that the analysts don't?
Rocket Companies' insider buying surges amid analyst downgrades: Is it a buy?
An Insider at Rocket Companies is constantly buying shares even as analysts issue downgrades. Is there something he knows that the analysts don't?
08/06 09:00 EST - prnewswire.com
Rocket Mortgage Announces "The Rocket Comedy Tour" in Partnership with Comedian Mike Young
The 25-city showcase will spotlight both household names and featured acts in premiere clubs across the country, including Improv venues in multiple stops DETROIT , Aug. 6, 2024 /PRNewswire/ -- Rocket Mortgage – the nation's largest retail mortgage lender and part of Rocket Companies (NYSE: RKT) – today announced the launch of the Rocket Comedy Tour in partnership with comedian, writer and director Mike Young. The 25-stop nationwide tour is set to bring headlining acts alongside Young to intimate theaters across the country, kicking off in Phoenix on October 11, 2024.
Rocket Mortgage Announces "The Rocket Comedy Tour" in Partnership with Comedian Mike Young
The 25-city showcase will spotlight both household names and featured acts in premiere clubs across the country, including Improv venues in multiple stops DETROIT , Aug. 6, 2024 /PRNewswire/ -- Rocket Mortgage – the nation's largest retail mortgage lender and part of Rocket Companies (NYSE: RKT) – today announced the launch of the Rocket Comedy Tour in partnership with comedian, writer and director Mike Young. The 25-stop nationwide tour is set to bring headlining acts alongside Young to intimate theaters across the country, kicking off in Phoenix on October 11, 2024.
08/01 21:53 EST - seekingalpha.com
Rocket Companies, Inc. (RKT) Q2 2024 Earnings Call Transcript
Rocket Companies, Inc. (NYSE:RKT ) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Sharon Ng - Vice President of Investor Relations Varun Krishna - Chief Executive Officer Brian Brown - Chief Financial Officer Conference Call Participants Mark DeVries - Deutsche Bank Ryan McKeveny - Zelman & Associates Jeff Adelson - Morgan Stanley Derek Sommers - Jefferies Brad Capuzzi - Piper Sandler Doug Harter - UBS Rick Shane - JPMorgan Operator Thank you for standing by and welcome to the Rocket Companies Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
Rocket Companies, Inc. (RKT) Q2 2024 Earnings Call Transcript
Rocket Companies, Inc. (NYSE:RKT ) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Sharon Ng - Vice President of Investor Relations Varun Krishna - Chief Executive Officer Brian Brown - Chief Financial Officer Conference Call Participants Mark DeVries - Deutsche Bank Ryan McKeveny - Zelman & Associates Jeff Adelson - Morgan Stanley Derek Sommers - Jefferies Brad Capuzzi - Piper Sandler Doug Harter - UBS Rick Shane - JPMorgan Operator Thank you for standing by and welcome to the Rocket Companies Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
08/01 20:35 EST - zacks.com
Compared to Estimates, Rocket Companies (RKT) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Rocket Companies (RKT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Compared to Estimates, Rocket Companies (RKT) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Rocket Companies (RKT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
08/01 19:00 EST - zacks.com
Rocket Companies (RKT) Beats Q2 Earnings and Revenue Estimates
Rocket Companies (RKT) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.02 per share a year ago.
Rocket Companies (RKT) Beats Q2 Earnings and Revenue Estimates
Rocket Companies (RKT) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.02 per share a year ago.
08/01 16:49 EST - benzinga.com
Rocket Companies Q2 Earnings Highlights: Revenue Beat, EPS Beat, Investor Day Coming In September
Financial services company Rocket Companies RKT reported second-quarter financial results after market close Thursday.
Rocket Companies Q2 Earnings Highlights: Revenue Beat, EPS Beat, Investor Day Coming In September
Financial services company Rocket Companies RKT reported second-quarter financial results after market close Thursday.
08/01 16:05 EST - prnewswire.com
Rocket Companies Announces Second Quarter 2024 Results
Generated Q2'24 total revenue, net of $1.3 billion and adjusted revenue of $1.2 billion. Adjusted revenue exceeded the high end of guidance range and increased year-over-year for the fourth straight quarter Reported Q2'24 GAAP net income of $178 million, or $0.01 per GAAP diluted earnings per share and adjusted net income of $121 million, or $0.06 per adjusted diluted earnings per share Delivered Q2'24 adjusted EBITDA of $225 million, increasing year-over-year for the fifth straight quarter DETROIT , Aug. 1, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and personal finance businesses, today announced results for the second quarter ended June 30, 2024.
Rocket Companies Announces Second Quarter 2024 Results
Generated Q2'24 total revenue, net of $1.3 billion and adjusted revenue of $1.2 billion. Adjusted revenue exceeded the high end of guidance range and increased year-over-year for the fourth straight quarter Reported Q2'24 GAAP net income of $178 million, or $0.01 per GAAP diluted earnings per share and adjusted net income of $121 million, or $0.06 per adjusted diluted earnings per share Delivered Q2'24 adjusted EBITDA of $225 million, increasing year-over-year for the fifth straight quarter DETROIT , Aug. 1, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and personal finance businesses, today announced results for the second quarter ended June 30, 2024.
07/30 10:21 EST - zacks.com
Unveiling Rocket Companies (RKT) Q2 Outlook: Wall Street Estimates for Key Metrics
Evaluate the expected performance of Rocket Companies (RKT) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Unveiling Rocket Companies (RKT) Q2 Outlook: Wall Street Estimates for Key Metrics
Evaluate the expected performance of Rocket Companies (RKT) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
07/27 09:00 EST - investorplace.com
7 Risk-On Stocks to Buy as Rate Cut Fervor Intensifies
For years following the worst of the COVID-19 crisis, the Federal Reserve wrestled with blistering inflation. Unfortunately, it was a necessary evil.
7 Risk-On Stocks to Buy as Rate Cut Fervor Intensifies
For years following the worst of the COVID-19 crisis, the Federal Reserve wrestled with blistering inflation. Unfortunately, it was a necessary evil.
07/25 11:08 EST - zacks.com
Rocket Companies (RKT) Earnings Expected to Grow: Should You Buy?
Rocket Companies (RKT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Rocket Companies (RKT) Earnings Expected to Grow: Should You Buy?
Rocket Companies (RKT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
07/25 08:13 EST - prnewswire.com
A Decade of Excellence: Rocket Mortgage Named #1 for Client Satisfaction in Mortgage Servicing by J.D. Power for the 10th Year
Rocket earned a first place ranking in every category measured by the study DETROIT , July 25, 2024 /PRNewswire/ -- Rocket Mortgage, the country's largest retail mortgage lender and part of Rocket Companies (NYSE: RKT), was today ranked #1 in client satisfaction by J.D. Power in mortgage servicing.
A Decade of Excellence: Rocket Mortgage Named #1 for Client Satisfaction in Mortgage Servicing by J.D. Power for the 10th Year
Rocket earned a first place ranking in every category measured by the study DETROIT , July 25, 2024 /PRNewswire/ -- Rocket Mortgage, the country's largest retail mortgage lender and part of Rocket Companies (NYSE: RKT), was today ranked #1 in client satisfaction by J.D. Power in mortgage servicing.
07/18 16:05 EST - prnewswire.com
Rocket Companies to Announce Second Quarter 2024 Results on August 1
DETROIT , July 18, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and other financial services businesses, today announced that the Company will issue its second quarter 2024 earnings on August 1, 2024. Leadership will host a conference call to discuss results at 4:30 p.m.
Rocket Companies to Announce Second Quarter 2024 Results on August 1
DETROIT , July 18, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and other financial services businesses, today announced that the Company will issue its second quarter 2024 earnings on August 1, 2024. Leadership will host a conference call to discuss results at 4:30 p.m.