According to analyst projections, RKT’s forecast low is $19 with $35 as the target high. RKT's earnings are forecast to decline next year, so we can't calculate its. A Backdoor Way To Profit From Today’s Crypto Bull Market. The group now expects $3.2 trillion in mortgages for 2020 and $2.5 trillion for 2021. Barchart takes this Alpha and weights this, assigning more weight to recent activity, and less (0.5 … The consensus price target for the stock as assigned by Wall Street analysts is $24.7, meaning bulls need an upside of 26.15% from its recent market value. Stable Share Price: RKT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week. 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, Unless specified all financial data is based on a yearly period but updated quarterly. Volatility Over Time: Insufficient data to determine RKT's volatility change over the past year. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. .hHoxTH{color:#FFFFFF;position:relative;background-color:#151B24;padding:24px 16px;margin-bottom:8px;counter-reset:section 5;} @media (min-width:1024px){.hHoxTH{padding:32px;margin-bottom:24px;}}.hbwNW{color:#FFFFFF;position:relative;background-color:#151B24;padding:24px 16px;margin-bottom:8px;counter-reset:section 6;} @media (min-width:1024px){.hbwNW{padding:32px;margin-bottom:24px;}}RKT is trading below fair value by more than 20%. Quality Earnings: RKT has a high level of non-cash earnings. ALL RIGHTS RESERVED. have bought more shares than they have sold in the past 3 months. Loan Level: Insufficient data to determine if RKT has an appropriate level of Loans to Assets ratio. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. RKT | Complete Rocket Cos. Inc. stock news by MarketWatch. Given the current horizontal trend, you can expect Rocket Companies, Inc. stock … View analysts' price targets for … Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. RKT earnings growth over the past year (15.5%) exceeded the Mortgage industry 2.7%. Compensation vs Market: Jay's total compensation ($USD11.73M) is about average for companies of similar size in the US market ($USD10.55M). (This company is analysed differently as a bank or financial institution). Rocket Companies, Inc.'s company bio, employee growth, exchange listings and data sources, 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... Show more. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. With 5118921 shares estimated at $93.32 Million under it, the former controlled 4.44% of total outstanding shares. How volatile is Rocket Companies's share price compared to the market and industry in the last 5 years? Low Risk Liabilities: RKT reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. He is responsible fo... Show more. You have entered an incorrect email address! Learn more here. To hit the forecast high, the stock’s price needs a +61.36% upsurge from its current level, while the stock would need to tank -12.4% for it to hit the projected low. 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. A stock market forecast for the next five years can be a difficult thing to deliver. Return vs Industry: Insufficient data to determine how RKT performed against the US Mortgage industry. Financial Statements Get Rocket Cos., Inc.'s stock price today. Rocket Companies, Inc. (RKT… Rocket Companies, Inc.’s EPS for the current quarter is expected to be $0.86. Double corrections are 3-1-3 waves where the W and Y waves are ABC corrections, and the X wave is a 5-3-5 … Experienced Board: RKT's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board. Future Dividend Coverage: No need to calculate the sustainability of RKT's dividend in 3 years as they are not forecast to pay a notable one for the US market. Low Risk Deposits: RKT reports no customer deposits, loans are made up entirely of externally borrowed funds. /* sc-component-id: sc-RefOD */ The share float percentage for the stock currently stands at 70%. This looks more like a WXY double correction. The previous count was invalidated when wave 2 retraced beyond wave 1. (2.4x) compared to the US Mortgage industry average (12.9x). Although it is true that the markets have a life cycle – meaning there’s often some predictability to their … (2018). Level of Bad Loans: Insufficient data to determine if RKT has an appropriate level of bad loans. ( 0.8 years average tenure), which suggests a new board. If we look at who the major shareholders are, we find that insiders hold 1.61% of Rocket Companies, Inc. shares while 68.88% of the shares are in the hands of institutional holders. This looks more like a WXY double correction. If we measure the stock’s price variations … How has Rocket Companies performed over the past 5 years? In the oil markets, prices started to increase after a 5% leap on Tuesday, following OPEC's surprising decision in February and March to prolong... Marketing Sentinel is a free online newspaper packed with exclusive content, news, articles and much more! According to analyst projections, RKT’s forecast low is $19 with $35 as the target high. High ROE: Whilst RKT's Return on Equity (114.89%) is outstanding, this metric is skewed due to their high level of debt. RKT's earnings are forecast to decline over the next 3 years. In the future, Hyundai and Apple intend to sign a partnership pact to produce electric cars. Evofem Biosciences, Inc. (EVFM) climbs 8.58%, marking win over bears, Strong fundamental momentum pushes Teva Pharmaceutical Industries Limited (TEVA) higher, BioNTech SE (NASDAQ:BNTX) surprises Wall Street with 7.12% stock price gain, Apple Discussing Electric Cars With Hyundai, LG Expecting 6-Fold Operating Profits, Oil Rose With WTI Crossing $50 Mark After 11 Months, Gold Faced Profit Taking. © 2018 SIMPLY WALL STREET PTY LTD, COMMUNITY DESIGN 2845206, US DESIGN PATENT #29/544/281, EUROPEAN DESIGN REGISTRATION #2845206, STANDARD & POOR’S FINANCIAL SERVICES LLC. Company ’ s Jump into the Rocket Companies ( RKT ) IPO is underway RKT! But updated quarterly ( this company is analysed differently as a Hold, 6 it! $ 893.75 million, an increase of 45.83 % quotes for a full overview! 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