Rocket Companies Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $9.9025
- Today's High:
- $10.22
- Open Price:
- $10.11
- 52W Low:
- $5.97
- 52W High:
- $11.945
- Prev. Close:
- $10.18
- Volume:
- 1352075
Company Statistics
- Market Cap.:
- $20.23 billion
- Book Value:
- 4.647
- Revenue TTM:
- $3.83 billion
- Operating Margin TTM:
- -9.61%
- Gross Profit TTM:
- $6.00 billion
- Profit Margin:
- -0.57%
- Return on Assets TTM:
- -1%
- Return on Equity TTM:
- -7.8%
Company Profile
Rocket Companies Inc had its IPO on 2020-08-06 under the ticker symbol RKT.
The company operates in the Financial Services sector and Mortgage Finance industry. Rocket Companies Inc has a staff strength of 18,500 employees.
Stock update
Shares of Rocket Companies Inc opened at $10.11 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $9.9 - $10.22, and closed at $9.99.
This is a -1.87% slip from the previous day's closing price.
A total volume of 1,352,075 shares were traded at the close of the day’s session.
In the last one week, shares of Rocket Companies Inc have slipped by -5.04%.
Rocket Companies Inc's Key Ratios
Rocket Companies Inc has a market cap of $20.23 billion, indicating a price to book ratio of 1.8031 and a price to sales ratio of 1.9538.
In the last 12-months Rocket Companies Inc’s revenue was $3.83 billion with a gross profit of $6.00 billion and an EBITDA of $-264006000. The EBITDA ratio measures Rocket Companies Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Rocket Companies Inc’s operating margin was -9.61% while its return on assets stood at -1% with a return of equity of -7.8%.
In Q2, Rocket Companies Inc’s quarterly earnings growth was a positive 147.8% while revenue growth was a negative 10.8%.
Rocket Companies Inc’s PE and PEG Ratio
- Forward PE
- 1000
- Trailing PE
- 5.6493
- PEG
Its diluted EPS in the last 12-months stands at $1.802 per share while it has a forward price to earnings multiple of 1000 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Rocket Companies Inc’s profitability.
Rocket Companies Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.9538.
Rocket Companies Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $20.86 billion
- Total Liabilities
- $156.94 million
- Operating Cash Flow
- $583.11 million
- Capital Expenditure
- $13.02 million
- Dividend Payout Ratio
- 0%
Rocket Companies Inc ended 2024 with $20.86 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $20.86 billion while shareholder equity stood at $590.74 million.
Rocket Companies Inc ended 2024 with $0 in deferred long-term liabilities, $156.94 million in other current liabilities, 20000.00 in common stock, $288.52 million in retained earnings and $1.25 billion in goodwill. Its cash balance stood at $882.78 million and cash and short-term investments were $882.78 million. The company’s total short-term debt was $461,867,000 while long-term debt stood at $9.32 billion.
Rocket Companies Inc’s total current assets stands at $954.58 million while long-term investments were $8.68 billion and short-term investments were $0. Its net receivables were $71.79 million compared to accounts payable of $156.94 million and inventory worth $0.
In 2024, Rocket Companies Inc's operating cash flow was $583.11 million while its capital expenditure stood at $13.02 million.
Comparatively, Rocket Companies Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $9.99
- 52-Week High
- $11.945
- 52-Week Low
- $5.97
- Analyst Target Price
- $9.77
Rocket Companies Inc stock is currently trading at $9.99 per share. It touched a 52-week high of $11.945 and a 52-week low of $11.945. Analysts tracking the stock have a 12-month average target price of $9.77.
Its 50-day moving average was $10.45 and 200-day moving average was $9 The short ratio stood at 10.11 indicating a short percent outstanding of 0%.
Around 543.8% of the company’s stock are held by insiders while 7431.1% are held by institutions.
Frequently Asked Questions About Rocket Companies Inc
Similar Industry Stocks (Mortgage Finance)
Most Active
Top Gainers
Top Losers
About
Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company’s solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, a virtual marketplace where consumers can shop and compare vehicles of many makes and models from a wide network of dealers; and Rocket Loans, an online-based personal loans business. It also offers Core Digital Media, a digital, social, and display advertiser in the mortgage, insurance, and education sectors; Rocket Solar, a tech-driven, residential solar energy provider; Rocket Money, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a software services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; Rocket Central, a professional services organization that provides technology, data, marketing, communication and other services; Rock Connections, a sales and support platform specializing in contact center services; Rocket Innovation Studio that recruits and mentors top technology talent; and Edison Financial, a digital mortgage broker. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings Inc.