, this metric is skewed due to their high level of debt. Below Fair Value: RKT ($19.95) is trading below our estimate of fair value ($43.51). A Backdoor Way To Profit From Today’s Crypto Bull Market. Get the hottest stocks to trade every day before the market opens 100% free. Copyright © 2018, Standard & Poor’s Financial Services LLC. What is Rocket Companies's current dividend yield, its reliability and sustainability? If we narrow down to specifics, the data shows that 1 out of 15 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Learn more here. Insufficient data to compare RKT's past year earnings growth to its 5-year average. The 2021 estimates are for Rocket Companies, Inc. earnings to increase by 45.8%, but the outlook for the next 5-year period is at 26.83% per year. Insufficient data to determine if RKT's dividend payments have been increasing. Experienced Board: RKT's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board. Rocket Companies, Inc. (RKT) estimates and forecasts. Mr. Farner is Chief Executive Officer of Quicken Loans, LLC/Rocket Mortgage. 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 … In 2019, RKT's revenue was $5.12 billion, an increase of 21.63% compared to the previous year's $4.21 billion. Low Risk Deposits: RKT reports no customer deposits, loans are made up entirely of externally borrowed funds. RKT stock forecast If investors missed their opportunity to scoop up some shares of Rocket Companies during its frenzied IPO debut, they can do so now at basically the same price. To hit the forecast high, the stock’s price needs a +78.75% upsurge from its latest level, while the stock would need to tank -2.96% for it to hit the projected low. Barchart takes this Alpha and weights this, assigning more weight to recent activity, and less (0.5 … How volatile is Rocket Companies's share price compared to the market and industry in the last 5 years? PE vs Market: RKT is good value based on its PE Ratio (2.4x) compared to the US market (20.8x). The share price had its 52-week low at $17.5, which suggests the recent value is10.62% up since then. RKT’s current price is a discount, trading about -75.79% off its 52-week high of $34.42. Rocket Companies Stock Chart and Share Price Forecast, Short-Term "RKT" Stock Prediction for Next Days and Weeks Walletinvestor.com Rocket Companies Inc (RKT) Forecast Chart, Long-Term Predictions for Next Months and Year… The Mortgage Bankers Association recently updated its origination forecast for 2020 and 2021. RKT: Rocket Companies, Inc. 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. Among Mutual Funds, the top two as of Oct 30, 2020 were Invesco Oppenheimer Main Street Fund and Vanguard Total Stock Market Index Fund. Earnings were $893.75 million, an increase of 45.83%. 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. How is Rocket Companies's financial position? Save my name, email, and website in this browser for the next time I comment. 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. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Get the latest Detailed Estimate from Zacks Investment Research. S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Earnings vs Market: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). (This company is analysed differently as a bank or financial institution). Future ROE: RKT's Return on Equity is forecast to be very high in 3 years time (45.7%). Explore strong past performing companies in the Banks industry. Earnings vs Market: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). Insufficient data to determine how RKT performed against the US Mortgage industry. Let’s Jump into the Rocket Companies, Inc. (NYSE:RKT) Stock Forecast. ( 0.8 years average tenure), which suggests a new team. 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. Significantly Below Fair Value: Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Return vs Market: Insufficient data to determine how RKT performed against the US Market. Compensation vs Market: Jay's total compensation ($USD11.73M) is about average for companies of similar size in the US market ($USD10.55M). Mr. Jay D. Farner has been Chief Executive Officer and Director at Rocket Companies, Inc. since March 2020. Analysts expect RKT to grow earnings at a 25.45% annual rate over the next 5 years. Join now to get the Newsheater.com pre-market morning brief 100% free. According to analyst projections, RKT’s forecast low is $19 with $35 as the target high. More Details, Trading at 54.2% below our estimate of its fair value, Earnings grew by 15.5% over the past year, Earnings are forecast to decline by an average of 29.8% per year for the next 3 years, Profit margins (7.2%) are lower than last year (16.4%). RKT's earnings are forecast to decline over the next 3 years. Explore strong dividend paying companies in the Banks industry. RKT ($19.95) is trading below our estimate of. RKT stock news The company reported preliminary second-quarter results last Friday, reporting an adjusted revenue of $5.3 B, an increase of 300% when compared to Q2 of 2019. Join now to get the NewsHeater.com pre-market morning brief 100% free. RKT's earnings are forecast to decline next year, so we can't calculate its. When we look at Rocket Companies, Inc.’s average trading volume, we note the 10-day average is 8.81 Million shares, with the 3-month average coming to 10.64 Million. .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%. Find the latest Rocket Companies, Inc. (RKT) stock quote, history, news and other vital information to help you with your stock trading and investing. Return vs Industry: Insufficient data to determine how RKT performed against the US Mortgage industry. Notable Dividend: Unable to evaluate RKT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts. 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. Rocket Companies, Inc.’s EPS for the current quarter is expected to be $0.86. Compensation vs Earnings: Insufficient data to compare Jay's compensation with company performance. Rocket Companies Inc. [RKT] shares are N/A more than N/A this year and recently decreased -0.0% or -$0.09 to settle at $20.10. PEG Ratio: RKT's earnings are forecast to decline next year, so we can't calculate its PEG ratio. How has Rocket Companies performed over the past 5 years? 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. Unable to evaluate RKT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts. View the latest Rocket Cos. Inc. (RKT) stock price, news, historical charts, analyst ratings and financial information from WSJ. Insufficient data to determine if RKT's dividends per share have been stable in the past. Mr. Farner is Chief Executive Officer of Quicken Loans, LLC/Rocket Mortgage. 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. rkt stock forecast, RKT Stock Trend The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Level of Bad Loans: Insufficient data to determine if RKT has an appropriate level of bad loans. 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. Explore more healthy companies in the Banks industry. .NeAXX{height:561px;} @media (max-width:767px){.NeAXX{height:491px;}} @media (max-width:1023px){}.dQsaya{height:335px;} @media (max-width:767px){} @media (max-width:1023px){.dQsaya{height:327px;}}@media (max-width:767px){} @media (max-width:1023px){}.cARWiz{height:543px;} @media (max-width:767px){.cARWiz{height:475px;}} @media (max-width:1023px){}.hkGtEP{height:358px;} @media (max-width:767px){.hkGtEP{height:654px;}} @media (max-width:1023px){.hkGtEP{height:355px;}}.eWVWvU{height:358px;} @media (max-width:767px){} @media (max-width:1023px){.eWVWvU{height:355px;}}.eDYUKC{height:315px;} @media (max-width:767px){} @media (max-width:1023px){.eDYUKC{height:624px;}} Volatility Over Time: Insufficient data to determine RKT's volatility change over the past year. High Dividend: Unable to evaluate RKT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts. Accelerating Growth: Insufficient data to compare RKT's past year earnings growth to its 5-year average. He is responsible fo... Show more. Viasat, Inc. (NASDAQ:VSAT): Performance Review And Growth Outlook, SLM Corporation (NASDAQ:SLM) Stock: Performance and Outlook, Crescent Point Energy Corp. (NYSE:CPG) surprises Wall Street with -0.37% stock price loss. The year 2020 has been a memorable one for mortgage originators. More importantly, these stocks are outpacing the returns these leading crypto assets are already producing. Over the last 50 days, in opposition, the stock is trading -10.12% lower at present. High Growth Revenue: RKT's revenue is forecast to decline over the next 3 years (-8.2% per year). 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. On the other hand, Vanguard Total Stock Market Index Fund held about 2.47% of the shares, roughly 2.85 Million shares worth around $56.85 Million. Stock … The information agency "Marketing Sentinel" was established at the end of 2004. Explore growth companies in the Banks industry. Detailed Estimate. Shares of Companhia Energetica de Minas Gerais (NYSE:CIG) gained 0.55% in a month. RKT only recently listed within the past 12 months. Insufficient data to determine if RKT has a, RKT reports no customer deposits, 100% of its liabilities are made up of, Insufficient data to determine if RKT has an. It’s free. A stock market forecast for the next five years can be a difficult thing to deliver. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. PE vs Industry: RKT is good value based on its PE Ratio (2.4x) compared to the US Mortgage industry average (12.9x). 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