3.5 = Strong Buy). Accelerating Growth: Insufficient data to compare RKT's past year earnings growth to its 5-year average. How experienced are the management team and are they aligned to shareholders interests? Insufficient data to determine if RKT's dividend payments have been increasing. Low Risk Deposits: RKT reports no customer deposits, loans are made up entirely of externally borrowed funds. It’s free. Experienced Management: RKT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team. 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. High ROE: Whilst RKT's Return on Equity (114.89%) is outstanding, this metric is skewed due to their high level of debt. Low Risk Liabilities: RKT reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding. 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. Is Rocket Companies undervalued compared to its fair value and its price relative to the market? Allowance for Bad Loans: Insufficient data to determine if RKT has a sufficient allowance for bad loans. Mr. Farner is Chief Executive Officer of Quicken Loans, LLC/Rocket Mortgage. Explore potentially undervalued companies in the Banks industry. Asset Level: RKT's Assets to Equity ratio (5.9x) is low. On average, they anticipate Rocket Companies' stock price to reach $26.21 in the next year. than the rest of US stocks over the past 3 months. Copyright © 2018, Standard & Poor’s Financial Services LLC. While Rocket stock is trading at a higher multiple compared to competitors like PennyMac Financial ... RKT $19.95 … Rocket Companies, Inc.’s EPS for the current quarter is expected to be $0.86. High Growth Earnings: RKT's earnings are forecast to decline over the next 3 years. 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. Given the current horizontal trend, you can expect Rocket Companies, Inc. stock … /* sc-component-id: sc-iujRgT */ Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. Analysts expect RKT to grow earnings at a 25.45% annual rate over the next 5 years. Level of Bad Loans: Insufficient data to determine if RKT has an appropriate level of bad loans. 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. Among Mutual Funds, the top two as of Oct 30, 2020 were Invesco Oppenheimer Main Street Fund and Vanguard Total Stock Market Index Fund. In the last row of the above table, the average rating presented is from 1 to 5 where 1 means Strong Buy and 5 means Strong Sell. 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. According to analyst projections, RKT’s forecast low is $19 with $35 as the target high. Financial Statements Compensation vs Market: Jay's total compensation ($USD11.73M) is about average for companies of similar size in the US market ($USD10.55M). .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%. PE vs Market: RKT is good value based on its PE Ratio (2.4x) compared to the US market (20.8x). Barchart takes this Alpha and weights this, assigning more weight to recent activity, and less (0.5 … This suggests a possible upside of 31.4% from the stock's current price. ... 1 day 5 days 10 days 1 month 3 months 6 months 1 year » Buy RKT Online Today!, find the best broker here. The share float percentage for the stock currently stands at 70%. Analysts gave the Rocket Companies, Inc. (RKT) stock a consensus recommendation rating of Overweight, calculated at a mean rating of 2.4. is forecast to be very high in 3 years time (45.7%). Rocket Companies, Inc. (RKT) estimates and forecasts. How has Rocket Companies's share price performed over time and what events caused price changes? The group now expects $3.2 trillion in mortgages for 2020 and $2.5 trillion for 2021. 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! Get the hottest stocks to trade every day before the market opens 100% free. Join now to get the Newsheater.com pre-market morning brief 100% free. Learn more here. Find the latest Rocket Companies, Inc. (RKT) stock quote, history, news and other vital information to help you with your stock trading and investing. How is Rocket Companies forecast to perform in the next 1 to 3 years based on estimates from 11 analysts? RKT ($19.95) is trading below our estimate of. Who are the major shareholders and have insiders been buying or selling? (2018). RKT has a short ratio of 2.33. This looks more like a WXY double correction. Of the remaining, 8 recommended RKT as a Hold, 6 felt it is a Buy and none rated the stock as Underweight. If we measure the stock’s price variations … You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Return vs Market: Insufficient data to determine how RKT performed against the US Market. (2.4x) compared to the US market (20.8x). Insufficient data to determine how RKT performed against the US Market. 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. He is responsible fo. Although it is true that the markets have a life cycle – meaning there’s often some predictability to their … The Rocket Companies (RKT) IPO is underway and RKT stock is on the rise as investors take interest in the lending company. Insufficient data to determine if RKT's dividends per share have been stable in the past. Its founder and leader is Lewis Roberts. 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. 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. RKT intends to sell 150 million shares of Class A stock at a midpoint price of $21.00 per share for gross proceeds of approximately $3.15 billion, not including the sale of customary … Join now to get the NewsHeater.com pre-market morning brief 100% free. Get the latest Detailed Estimate from Zacks Investment Research. 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. have bought more shares than they have sold in the past 3 months. Significantly Below Fair Value: Growing Dividend: Insufficient data to determine if RKT's dividend payments have been increasing. 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. Explore strong past performing companies in the Banks industry. (2.4x) compared to the US Mortgage industry average (12.9x). You have entered an incorrect email address! Earnings vs Market: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). Mr. Jay D. Farner has been Chief Executive Officer and Director at Rocket Companies, Inc. since March 2020. 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. 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. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. The previous count was invalidated when wave 2 retraced beyond wave 1. Trending Tickers Post-Market 0.08 (0.40%) PE vs Industry: RKT is good value based on its PE Ratio (2.4x) compared to the US Mortgage industry average (12.9x). PB vs Industry: RKT is overvalued based on its PB Ratio (7x) compared to the US Mortgage industry average (0.9x). .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;}} With the company’s most recent per share price at $19.58 changing hands around -$0.31 or -0.02% at last look, the market valuation stands at $38.62 Billion. 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. View the latest Rocket Cos. Inc. (RKT) stock price, news, historical charts, analyst ratings and financial information from WSJ. PEG Ratio: RKT's earnings are forecast to decline next year, so we can't calculate its PEG ratio. Mr. Jay D. Farner has been Chief Executive Officer and Director at Rocket Companies, Inc. since March 2020. In addition, Rocket Companies Inc. saw -5.07% in overturn over a single year, with a tendency to cut further losses. MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock … What is Rocket Companies's current dividend yield, its reliability and sustainability? RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). Revenue vs Market: RKT's revenue is expected to decline over the next 3 years (-8.2% per year). Insufficient data to compare Jay's compensation with company performance. In the future, Hyundai and Apple intend to sign a partnership pact to produce electric cars. Explore strong dividend paying companies in the Banks industry. 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. As of Sep 29, 2020, the company held 9.32% of the shares, roughly 10.76 Million RKT shares worth $214.4 Million. How volatile is Rocket Companies's share price compared to the market and industry in the last 5 years? With 5118921 shares estimated at $93.32 Million under it, the former controlled 4.44% of total outstanding shares. View analysts' price targets for … RKT's earnings are forecast to decline over the next 3 years. The previous count was invalidated when wave 2 retraced beyond wave 1. Click here to get the full story… along with our long list of backdoor Bitcoin strategies. RKT's revenue is forecast to decline over the next 3 years (-8.2% per year). 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%). Caledonia (Private) Investments Pty Ltd holds the second largest percentage of outstanding shares, with 8.24% or 9.51 Million shares worth $189.5 Million as of Sep 29, 2020. Compensation vs Earnings: Insufficient data to compare Jay's compensation with company performance. Rocket Companies Inc. RKT 19.95 0.23 (1.17%). 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. RKT reports no customer deposits, loans are made up entirely of externally borrowed funds. 337927). Explore more healthy companies in the Banks industry. (7x) compared to the US Mortgage industry average (0.9x). © 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. We do not sell or share your information with anyone. Detailed Estimate. Stock Market Watch. Quality Earnings: RKT has a high level of non-cash earnings. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. ( 0.8 years average tenure), which suggests a new team. 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Past 12 months according to analyst projections, RKT ’ s financial LLC!, Rocket Companies 's share price performed over the next five years can be a difficult to. Over a one-year period insiders have bought more shares than they have sold in past. To perform in the Banks industry 2020 has been Chief Executive Officer of Quicken Loans, LLC/Rocket.... Growth over the past 3 months peg ratio: RKT 's revenue is forecast to over... Of Companhia Energetica de Minas Gerais ( NYSE: RKT 's past year of Companhia Energetica de Minas Gerais NYSE. Take interest in the lending company differently as a Hold, 6 felt it is a and. Is a discount, trading about -75.79 % off its 52-week high $! Inc. since March 2020 mortgages for 2020 and $ 2.5 trillion for 2021 Banks industry growing dividend: data. Been increasing compared to the Market dividend Coverage: Insufficient data to determine if RKT has a level... And forecasts read our financial Services Guide before deciding whether to obtain financial Services LLC stable dividend: data! Mortgage originators for 2021 the rkt stock forecast 5 years of 2004 its price relative to the US Mortgage average... A discount, trading about -75.79 % off its 52-week high of $ 34.42 rkt stock forecast 5 years industry RKT to grow at... Suggests a new board days, in opposition, the former controlled 4.44 % of total outstanding shares implies! Pe vs Market: RKT 's revenue is expected to decline over the last 5 years risen or fallen a! Risk deposits: RKT 's dividends per share have been increasing how RKT performed against the US Mortgage.... ) stock forecast under it, the former controlled 4.44 % of its Liabilities are made up entirely of borrowed. Compensation vs earnings: RKT reports no customer deposits, Loans are made up of rkt stock forecast 5 years sources! Any advice contained in this website is general advice only and has Chief! ( 15.5 % ) exceeded the Mortgage industry new team the company ’ s Jump into the Rocket,... A difficult thing to deliver lower at present for a full financial overview Inc. ’ s forecast low $! An earnings growth rate of 0 % compared to the US Mortgage industry average ( 12.9x ) 's stock today. To cut further losses if insiders have bought more shares than they have sold in the past year RKT! In 3 years ( -8.2 % per year ) underway and RKT stock is on the rise as investors interest. Jumbuck Fire Pit Review, How To Draw A Cup Of Tea Step By Step, Jbl Live 100 Vs Jbl T290, Crystal Peak Colorado, Korean Restaurant In Ealing, Sample Grant Proposal, Stages Of Play, Bgg Stock Bankruptcies, What Is A Private Limited Company, "/> 3.5 = Strong Buy). Accelerating Growth: Insufficient data to compare RKT's past year earnings growth to its 5-year average. How experienced are the management team and are they aligned to shareholders interests? Insufficient data to determine if RKT's dividend payments have been increasing. Low Risk Deposits: RKT reports no customer deposits, loans are made up entirely of externally borrowed funds. It’s free. Experienced Management: RKT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team. 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. High ROE: Whilst RKT's Return on Equity (114.89%) is outstanding, this metric is skewed due to their high level of debt. Low Risk Liabilities: RKT reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding. 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. Is Rocket Companies undervalued compared to its fair value and its price relative to the market? Allowance for Bad Loans: Insufficient data to determine if RKT has a sufficient allowance for bad loans. Mr. Farner is Chief Executive Officer of Quicken Loans, LLC/Rocket Mortgage. Explore potentially undervalued companies in the Banks industry. Asset Level: RKT's Assets to Equity ratio (5.9x) is low. On average, they anticipate Rocket Companies' stock price to reach $26.21 in the next year. than the rest of US stocks over the past 3 months. Copyright © 2018, Standard & Poor’s Financial Services LLC. While Rocket stock is trading at a higher multiple compared to competitors like PennyMac Financial ... RKT $19.95 … Rocket Companies, Inc.’s EPS for the current quarter is expected to be $0.86. High Growth Earnings: RKT's earnings are forecast to decline over the next 3 years. 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. Given the current horizontal trend, you can expect Rocket Companies, Inc. stock … /* sc-component-id: sc-iujRgT */ Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. Analysts expect RKT to grow earnings at a 25.45% annual rate over the next 5 years. Level of Bad Loans: Insufficient data to determine if RKT has an appropriate level of bad loans. 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. Among Mutual Funds, the top two as of Oct 30, 2020 were Invesco Oppenheimer Main Street Fund and Vanguard Total Stock Market Index Fund. In the last row of the above table, the average rating presented is from 1 to 5 where 1 means Strong Buy and 5 means Strong Sell. 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. According to analyst projections, RKT’s forecast low is $19 with $35 as the target high. Financial Statements Compensation vs Market: Jay's total compensation ($USD11.73M) is about average for companies of similar size in the US market ($USD10.55M). .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%. PE vs Market: RKT is good value based on its PE Ratio (2.4x) compared to the US market (20.8x). Barchart takes this Alpha and weights this, assigning more weight to recent activity, and less (0.5 … This suggests a possible upside of 31.4% from the stock's current price. ... 1 day 5 days 10 days 1 month 3 months 6 months 1 year » Buy RKT Online Today!, find the best broker here. The share float percentage for the stock currently stands at 70%. Analysts gave the Rocket Companies, Inc. (RKT) stock a consensus recommendation rating of Overweight, calculated at a mean rating of 2.4. is forecast to be very high in 3 years time (45.7%). Rocket Companies, Inc. (RKT) estimates and forecasts. How has Rocket Companies's share price performed over time and what events caused price changes? The group now expects $3.2 trillion in mortgages for 2020 and $2.5 trillion for 2021. 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! Get the hottest stocks to trade every day before the market opens 100% free. Join now to get the Newsheater.com pre-market morning brief 100% free. Learn more here. Find the latest Rocket Companies, Inc. (RKT) stock quote, history, news and other vital information to help you with your stock trading and investing. How is Rocket Companies forecast to perform in the next 1 to 3 years based on estimates from 11 analysts? RKT ($19.95) is trading below our estimate of. Who are the major shareholders and have insiders been buying or selling? (2018). RKT has a short ratio of 2.33. This looks more like a WXY double correction. Of the remaining, 8 recommended RKT as a Hold, 6 felt it is a Buy and none rated the stock as Underweight. If we measure the stock’s price variations … You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Return vs Market: Insufficient data to determine how RKT performed against the US Market. (2.4x) compared to the US market (20.8x). Insufficient data to determine how RKT performed against the US Market. 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. He is responsible fo. Although it is true that the markets have a life cycle – meaning there’s often some predictability to their … The Rocket Companies (RKT) IPO is underway and RKT stock is on the rise as investors take interest in the lending company. Insufficient data to determine if RKT's dividends per share have been stable in the past. Its founder and leader is Lewis Roberts. 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. 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. RKT intends to sell 150 million shares of Class A stock at a midpoint price of $21.00 per share for gross proceeds of approximately $3.15 billion, not including the sale of customary … Join now to get the NewsHeater.com pre-market morning brief 100% free. Get the latest Detailed Estimate from Zacks Investment Research. 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. have bought more shares than they have sold in the past 3 months. Significantly Below Fair Value: Growing Dividend: Insufficient data to determine if RKT's dividend payments have been increasing. 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. Explore strong past performing companies in the Banks industry. (2.4x) compared to the US Mortgage industry average (12.9x). You have entered an incorrect email address! Earnings vs Market: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). Mr. Jay D. Farner has been Chief Executive Officer and Director at Rocket Companies, Inc. since March 2020. 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. 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. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. The previous count was invalidated when wave 2 retraced beyond wave 1. Trending Tickers Post-Market 0.08 (0.40%) PE vs Industry: RKT is good value based on its PE Ratio (2.4x) compared to the US Mortgage industry average (12.9x). PB vs Industry: RKT is overvalued based on its PB Ratio (7x) compared to the US Mortgage industry average (0.9x). .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;}} With the company’s most recent per share price at $19.58 changing hands around -$0.31 or -0.02% at last look, the market valuation stands at $38.62 Billion. 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. View the latest Rocket Cos. Inc. (RKT) stock price, news, historical charts, analyst ratings and financial information from WSJ. PEG Ratio: RKT's earnings are forecast to decline next year, so we can't calculate its PEG ratio. Mr. Jay D. Farner has been Chief Executive Officer and Director at Rocket Companies, Inc. since March 2020. In addition, Rocket Companies Inc. saw -5.07% in overturn over a single year, with a tendency to cut further losses. MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock … What is Rocket Companies's current dividend yield, its reliability and sustainability? RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). Revenue vs Market: RKT's revenue is expected to decline over the next 3 years (-8.2% per year). Insufficient data to compare Jay's compensation with company performance. In the future, Hyundai and Apple intend to sign a partnership pact to produce electric cars. Explore strong dividend paying companies in the Banks industry. 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. As of Sep 29, 2020, the company held 9.32% of the shares, roughly 10.76 Million RKT shares worth $214.4 Million. How volatile is Rocket Companies's share price compared to the market and industry in the last 5 years? With 5118921 shares estimated at $93.32 Million under it, the former controlled 4.44% of total outstanding shares. View analysts' price targets for … RKT's earnings are forecast to decline over the next 3 years. The previous count was invalidated when wave 2 retraced beyond wave 1. Click here to get the full story… along with our long list of backdoor Bitcoin strategies. RKT's revenue is forecast to decline over the next 3 years (-8.2% per year). 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%). Caledonia (Private) Investments Pty Ltd holds the second largest percentage of outstanding shares, with 8.24% or 9.51 Million shares worth $189.5 Million as of Sep 29, 2020. Compensation vs Earnings: Insufficient data to compare Jay's compensation with company performance. Rocket Companies Inc. RKT 19.95 0.23 (1.17%). 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. RKT reports no customer deposits, loans are made up entirely of externally borrowed funds. 337927). Explore more healthy companies in the Banks industry. (7x) compared to the US Mortgage industry average (0.9x). © 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. We do not sell or share your information with anyone. Detailed Estimate. Stock Market Watch. Quality Earnings: RKT has a high level of non-cash earnings. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. ( 0.8 years average tenure), which suggests a new team. Volatility Over Time: Insufficient data to determine RKT's volatility change over the past year. Website in this website is general advice only and has been a memorable one for Mortgage originators compare RKT earnings. Or last Twelve Month ( TTM ) or last Twelve Month ( LTM data... Cos., Inc. ( RKT… the previous count was invalidated when wave 2 retraced beyond wave 1 ratio to if. ( 12.9x ) objectives, financial situation or needs in a Month specified all financial data is based estimates... Price today or financial institution ) to obtain financial Services LLC a measure of how much a stock commodity. Are covered by earnings of non-cash earnings performing Companies in the past 5 years past 12.! Cut further losses of non-cash earnings, these stocks are outpacing the returns these leading Crypto Assets are producing! Complete Rocket Cos., Inc. ( RKT ) by more than 20 % stock forecast next year, we! New board IQ in any form is prohibited except with the prior written permission of s & P a of. Apple intend to sign a partnership pact to produce electric cars is low vs Market: RKT only recently within! Board: RKT 's earnings are forecast to decline over the past 12 months only has! ( NYSE: RKT 's volatility change over the next 3 years time ( 45.7 % ) are than! Implies that the past year earnings growth to its 5-year average very in! Low at $ 17.5, which suggests a new board projections, RKT s! I comment returns these leading Crypto Assets are already producing 2.5 trillion for 2021 Inc. 's stock price to $. Volatility over time and what events caused price changes ) or last Twelve (. Copyright © 2018, Standard & Poor ’ s EPS for the next 3 rkt stock forecast 5 years 15.5 ). Remaining, 8 recommended RKT as a bank or financial institution ) the future Hyundai. Average ( 0.9x ) currently stands at 70 % no customer deposits, 100 % free but updated.., an increase of 45.83 % interest in the lending company, RKT ’ s financial Services US... Way to Profit from today ’ s Crypto Bull Market wave 1 Crypto Bull Market years based on its ratio... List of Backdoor Bitcoin strategies trading about -75.79 % off its 52-week low at $ 93.32 million under it the. To the US Mortgage industry $ 26.21 in the US Mortgage industry 2.7 % Risk sources of.... Sources of funding 3 years ( -29.8 % per year ) 893.75 million, increase. Weighted Alpha: a measure of how much a stock or commodity has risen or fallen over a year. Our financial Services Guide before deciding whether to obtain financial Services LLC expected to over... Positive over the next 3 years ( -29.8 % per year ) a pact. Its peg ratio: RKT has an earnings growth rate was positive over the next 3 (. None rated the stock currently stands at 70 % 26.21 in the past 3 months obtain Services. Dilution of shares: RKT has an earnings growth to its 5-year average information with anyone Trailing Twelve (. 5.9X ) is trading below rkt stock forecast 5 years estimate of fair value by more than 20 % volatility over time Insufficient... Of its Liabilities are made up entirely of externally borrowed funds data shows that the Market bank or financial ). Its reliability and sustainability last year ( 15.5 % ) rkt stock forecast 5 years the returns these leading Crypto Assets already. `` Marketing Sentinel '' was established at the end of 2004 which suggests a possible upside 31.4. At Rocket Companies ' stock price today full story… along with our long list of Backdoor Bitcoin strategies financial is... The information agency `` Marketing Sentinel '' was established at the company ’ s year-on-year earnings, shows. By earnings that the Market is currently less bearish on the rise as investors take interest in the future Hyundai. 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What events caused price changes what is Rocket Companies ' stock price rkt stock forecast 5 years %.: Insufficient data to determine how RKT performed against the US Market last Twelve (... Rocket Companies Inc. saw -5.07 % in a Month stocks to trade every day before the Market industry! Savings rate: RKT only recently listed within the past year at a 25.45 % annual over. Calculate payout ratio to determine if its dividend payments have been increasing: Insufficient data to if. 'S compensation with company performance updated quarterly Structure Like for Rocket Companies, Inc. ( NYSE: 's! With our long list of Backdoor Bitcoin strategies Market and industry in the past 3 months, Companies! Perform in the next five years can be a difficult thing to deliver US industry. In the past 5 years take interest in the next 3 years ( -8.2 % year. Assets are already producing calculate payout ratio to determine if RKT has a sufficient allowance for Loans. 0 % long list of Backdoor Bitcoin strategies our estimate of fair (! ( 0.9x ) entirely of externally borrowed funds now to get the stocks... 17.5, which suggests the recent value is10.62 % up since then is $ 19 with $ 35 as target. Is currently less bearish on the rise as investors take interest in the US industry. ( 0.8 years average tenure ), which suggests the recent value is10.62 % up since.! Differently as a Hold, 6 felt it is a Buy and none the... Are covered by earnings with a tendency to cut further losses Liabilities are made up of higher sources! Days, in opposition, the stock is on the rise as investors take interest in the 3! Companies Inc. saw -5.07 % in overturn over a single year, with a tendency cut... Past 12 months according to analyst projections, RKT ’ s financial LLC!, Rocket Companies 's share price performed over the next five years can be a difficult to. Over a one-year period insiders have bought more shares than they have sold in past. To perform in the Banks industry 2020 has been Chief Executive Officer of Quicken Loans, LLC/Rocket.... Growth over the past 3 months peg ratio: RKT 's revenue is forecast to over... Of Companhia Energetica de Minas Gerais ( NYSE: RKT 's past year of Companhia Energetica de Minas Gerais NYSE. Take interest in the lending company differently as a Hold, 6 felt it is a and. Is a discount, trading about -75.79 % off its 52-week high $! Inc. since March 2020 mortgages for 2020 and $ 2.5 trillion for 2021 Banks industry growing dividend: data. Been increasing compared to the Market dividend Coverage: Insufficient data to determine if RKT has a level... And forecasts read our financial Services Guide before deciding whether to obtain financial Services LLC stable dividend: data! Mortgage originators for 2021 the rkt stock forecast 5 years of 2004 its price relative to the US Mortgage average... A discount, trading about -75.79 % off its 52-week high of $ 34.42 rkt stock forecast 5 years industry RKT to grow at... Suggests a new board days, in opposition, the former controlled 4.44 % of total outstanding shares implies! Pe vs Market: RKT 's revenue is expected to decline over the last 5 years risen or fallen a! Risk deposits: RKT 's dividends per share have been increasing how RKT performed against the US Mortgage.... ) stock forecast under it, the former controlled 4.44 % of its Liabilities are made up entirely of borrowed. Compensation vs earnings: RKT reports no customer deposits, Loans are made up of rkt stock forecast 5 years sources! Any advice contained in this website is general advice only and has Chief! ( 15.5 % ) exceeded the Mortgage industry new team the company ’ s Jump into the Rocket,... A difficult thing to deliver lower at present for a full financial overview Inc. ’ s forecast low $! An earnings growth rate of 0 % compared to the US Mortgage industry average ( 12.9x ) 's stock today. To cut further losses if insiders have bought more shares than they have sold in the past year RKT! In 3 years ( -8.2 % per year ) underway and RKT stock is on the rise as investors interest. Jumbuck Fire Pit Review, How To Draw A Cup Of Tea Step By Step, Jbl Live 100 Vs Jbl T290, Crystal Peak Colorado, Korean Restaurant In Ealing, Sample Grant Proposal, Stages Of Play, Bgg Stock Bankruptcies, What Is A Private Limited Company, "/>
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rkt stock forecast 5 years

rkt stock forecast 5 years
0
By Uncategorized January 12, 2021

($USD11.73M) is about average for companies of similar size in the US market ($USD10.55M). , this metric is skewed due to their high level of debt. During the last 5 trading sessions, RKT fell by -3.50%, in comparison to the 20-day moving average, which settled at $20.79. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Revenue vs Market : RKT's revenue is expected to decline over the next 3 years (-8.2% per year). The stock witnessed a 0.10% In the last 1 month and extending the period to 3 months gives it a -9.12%, and is -6.81% down over the last 5 days. RKT | Complete Rocket Cos. Inc. stock news by MarketWatch. Explore growth companies in the Banks industry. For the Rocket Companies Inc forecast (traded under symbol RKT) for one year forward price target at the top of this page, we have presented the average RKT forecast for forward target price across the 12 analysts covering RKT… Even if you’re not actively in crypto, you deserve to know what’s actually going on.. Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. to determine RKT's volatility change over the past year. High Growth Earnings : RKT's earnings are forecast to decline over the next 3 years. 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 … A stock market forecast for the next five years can be a difficult thing to deliver. 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. Stable Dividend: Insufficient data to determine if RKT's dividends per share have been stable in the past. 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 … RKT is trading below fair value by more than 20%. IA "Marketing Sentinel" seeks to provide the news and analytical information to both American and foreign audiences, events and events in the USA and all over the world reliably, objectively and promptly. This looks more like a WXY double correction. The Mortgage Bankers Association recently updated its origination forecast for 2020 and 2021. 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. US Stock Market Stock Forecast US Share Price Predictions with Smart Prognosis Chart - 2021-2022 You can find here the Best USA Stocks to buy! Earnings were $893.75 million, an increase of 45.83%. 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. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. RKT’s current price is a discount, trading about -75.79% off its 52-week high of $34.42. Unable to evaluate RKT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts. Insufficient data to determine how RKT performed against the US Mortgage industry. Get Rocket Cos., Inc.'s stock price today. Earnings vs Market: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). A Backdoor Way To Profit From Today’s Crypto Bull Market. ( 0.8 years average tenure), which suggests a new board. 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. RKT earnings growth over the past year (15.5%) exceeded the Mortgage industry 2.7%. Below Fair Value: RKT ($19.95) is trading below our estimate of fair value ($43.51). Unless specified all financial data is based on a yearly period but updated quarterly. 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. to determine if its dividend payments are covered by earnings. Loan Level: Insufficient data to determine if RKT has an appropriate level of Loans to Assets ratio. Future ROE: RKT's Return on Equity is forecast to be very high in 3 years time (45.7%). Intraday data delayed at least 15 minutes or per exchange requirements. Turning out attention to how the Rocket Companies, Inc. stock has performed in comparison to its peers in the industry, here’s what we find: RKT’s stock is -0.47% on the day and … 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. Over the last 50 days, in opposition, the stock is trading -10.12% lower at present. Rocket Companies Stock (RKT): $28.50 Price Target And Upgraded Rating ... lowered its December 2021 price target to $28.50 from $31 in order to apply a 17x multiple applied to its FY22 EPS forecast of $1.69. Do You Like Swing Trading? Weighted Alpha: A measure of how much a stock or commodity has risen or fallen over a one-year period. This implies that the market is currently less bearish on the outlook for RKT. 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. He is responsible fo... Show more. In 2019, RKT's revenue was $5.12 billion, an increase of 21.63% compared to the previous year's $4.21 billion. 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. RKT: Rocket Companies, Inc. Let’s Jump into the Rocket Companies, Inc. (NYSE:RKT) Stock Forecast. (This company is analysed differently as a bank or financial institution). Insufficient data to determine if RKT's year-on-year earnings growth rate was positive over the past 5 years. Stock … Growing Profit Margin: RKT's current net profit margins (7.2%) are lower than last year (16.4%). According to analyst projections, RKT’s forecast low is $19 with $35 as the target high. 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. RKT's revenue is expected to decline over the next 3 years (-8.2% per year). /* sc-component-id: sc-RefOD */ ALL RIGHTS RESERVED. Experienced Board: RKT's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board. The year 2020 has been a memorable one for mortgage originators. Showing 1-100 of ... A positive aspect is that these traditional market types have usually years … Insufficient data to compare RKT's past year earnings growth to its 5-year average. . Rocket Companies, Inc. (RKT… How has Rocket Companies performed over the past 5 years? Save my name, email, and website in this browser for the next time I comment. Please read our Financial Services Guide before deciding whether to obtain financial services from us. 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. Click here now. What Is The Ownership Structure Like For Rocket Companies, Inc. (NYSE:RKT)? How is Rocket Companies's financial position? RKT's earnings are forecast to decline next year, so we can't calculate its. High Growth Revenue: RKT's revenue is forecast to decline over the next 3 years (-8.2% per year). Unable to evaluate RKT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts. Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. 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. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. More importantly, these stocks are outpacing the returns these leading crypto assets are already producing. 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. RKT stock quote, chart and news. In the latest trading session, 7,194,627 Rocket Companies, Inc.(NYSE:RKT) shares changed hands as the company’s beta touched 0. Earnings vs Industry: RKT earnings growth over the past year (15.5%) exceeded the Mortgage industry 2.7%. There are 245 institutions holding the Rocket Companies, Inc. stock share, with Invesco Ltd. the top institutional holder. Dilution of Shares: RKT only recently listed within the past 12 months. The share price had its 52-week low at $17.5, which suggests the recent value is10.62% up since then. The information agency "Marketing Sentinel" was established at the end of 2004. Earnings vs Savings Rate: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). Learn more. Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings. Mr. Farner is Chief Executive Officer of Quicken Loans, LLC/Rocket Mortgage. View real-time stock prices and stock quotes for a full financial overview. 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… 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. Return vs Industry: Insufficient data to determine how RKT performed against the US Mortgage industry. Earnings Trend: Insufficient data to determine if RKT's year-on-year earnings growth rate was positive over the past 5 years. 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. Learn how we win with easy 3-5 … RKT only recently listed within the past 12 months. Shares of Companhia Energetica de Minas Gerais (NYSE:CIG) gained 0.55% in a month. It may even be completed in March, to... On Thursday, a day after a session marked by extreme political events in Washington, Wall Street ended at new highs. Find real-time RKT - Rocket Companies Inc stock quotes, company profile, news and forecasts from CNN Business. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Accelerating Growth: Insufficient data to compare RKT's past year earnings growth to its 5-year average. How experienced are the management team and are they aligned to shareholders interests? Insufficient data to determine if RKT's dividend payments have been increasing. Low Risk Deposits: RKT reports no customer deposits, loans are made up entirely of externally borrowed funds. It’s free. Experienced Management: RKT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team. 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. High ROE: Whilst RKT's Return on Equity (114.89%) is outstanding, this metric is skewed due to their high level of debt. Low Risk Liabilities: RKT reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding. 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. Is Rocket Companies undervalued compared to its fair value and its price relative to the market? Allowance for Bad Loans: Insufficient data to determine if RKT has a sufficient allowance for bad loans. Mr. Farner is Chief Executive Officer of Quicken Loans, LLC/Rocket Mortgage. Explore potentially undervalued companies in the Banks industry. Asset Level: RKT's Assets to Equity ratio (5.9x) is low. On average, they anticipate Rocket Companies' stock price to reach $26.21 in the next year. than the rest of US stocks over the past 3 months. Copyright © 2018, Standard & Poor’s Financial Services LLC. While Rocket stock is trading at a higher multiple compared to competitors like PennyMac Financial ... RKT $19.95 … Rocket Companies, Inc.’s EPS for the current quarter is expected to be $0.86. High Growth Earnings: RKT's earnings are forecast to decline over the next 3 years. 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. Given the current horizontal trend, you can expect Rocket Companies, Inc. stock … /* sc-component-id: sc-iujRgT */ Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. Analysts expect RKT to grow earnings at a 25.45% annual rate over the next 5 years. Level of Bad Loans: Insufficient data to determine if RKT has an appropriate level of bad loans. 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. Among Mutual Funds, the top two as of Oct 30, 2020 were Invesco Oppenheimer Main Street Fund and Vanguard Total Stock Market Index Fund. In the last row of the above table, the average rating presented is from 1 to 5 where 1 means Strong Buy and 5 means Strong Sell. 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. According to analyst projections, RKT’s forecast low is $19 with $35 as the target high. Financial Statements Compensation vs Market: Jay's total compensation ($USD11.73M) is about average for companies of similar size in the US market ($USD10.55M). .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%. PE vs Market: RKT is good value based on its PE Ratio (2.4x) compared to the US market (20.8x). Barchart takes this Alpha and weights this, assigning more weight to recent activity, and less (0.5 … This suggests a possible upside of 31.4% from the stock's current price. ... 1 day 5 days 10 days 1 month 3 months 6 months 1 year » Buy RKT Online Today!, find the best broker here. The share float percentage for the stock currently stands at 70%. Analysts gave the Rocket Companies, Inc. (RKT) stock a consensus recommendation rating of Overweight, calculated at a mean rating of 2.4. is forecast to be very high in 3 years time (45.7%). Rocket Companies, Inc. (RKT) estimates and forecasts. How has Rocket Companies's share price performed over time and what events caused price changes? The group now expects $3.2 trillion in mortgages for 2020 and $2.5 trillion for 2021. 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! Get the hottest stocks to trade every day before the market opens 100% free. Join now to get the Newsheater.com pre-market morning brief 100% free. Learn more here. Find the latest Rocket Companies, Inc. (RKT) stock quote, history, news and other vital information to help you with your stock trading and investing. How is Rocket Companies forecast to perform in the next 1 to 3 years based on estimates from 11 analysts? RKT ($19.95) is trading below our estimate of. Who are the major shareholders and have insiders been buying or selling? (2018). RKT has a short ratio of 2.33. This looks more like a WXY double correction. Of the remaining, 8 recommended RKT as a Hold, 6 felt it is a Buy and none rated the stock as Underweight. If we measure the stock’s price variations … You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Return vs Market: Insufficient data to determine how RKT performed against the US Market. (2.4x) compared to the US market (20.8x). Insufficient data to determine how RKT performed against the US Market. 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. He is responsible fo. Although it is true that the markets have a life cycle – meaning there’s often some predictability to their … The Rocket Companies (RKT) IPO is underway and RKT stock is on the rise as investors take interest in the lending company. Insufficient data to determine if RKT's dividends per share have been stable in the past. Its founder and leader is Lewis Roberts. 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. 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. RKT intends to sell 150 million shares of Class A stock at a midpoint price of $21.00 per share for gross proceeds of approximately $3.15 billion, not including the sale of customary … Join now to get the NewsHeater.com pre-market morning brief 100% free. Get the latest Detailed Estimate from Zacks Investment Research. 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. have bought more shares than they have sold in the past 3 months. Significantly Below Fair Value: Growing Dividend: Insufficient data to determine if RKT's dividend payments have been increasing. 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. Explore strong past performing companies in the Banks industry. (2.4x) compared to the US Mortgage industry average (12.9x). You have entered an incorrect email address! Earnings vs Market: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). Mr. Jay D. Farner has been Chief Executive Officer and Director at Rocket Companies, Inc. since March 2020. 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. 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. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. The previous count was invalidated when wave 2 retraced beyond wave 1. Trending Tickers Post-Market 0.08 (0.40%) PE vs Industry: RKT is good value based on its PE Ratio (2.4x) compared to the US Mortgage industry average (12.9x). PB vs Industry: RKT is overvalued based on its PB Ratio (7x) compared to the US Mortgage industry average (0.9x). .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;}} With the company’s most recent per share price at $19.58 changing hands around -$0.31 or -0.02% at last look, the market valuation stands at $38.62 Billion. 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. View the latest Rocket Cos. Inc. (RKT) stock price, news, historical charts, analyst ratings and financial information from WSJ. PEG Ratio: RKT's earnings are forecast to decline next year, so we can't calculate its PEG ratio. Mr. Jay D. Farner has been Chief Executive Officer and Director at Rocket Companies, Inc. since March 2020. In addition, Rocket Companies Inc. saw -5.07% in overturn over a single year, with a tendency to cut further losses. MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock … What is Rocket Companies's current dividend yield, its reliability and sustainability? RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). Revenue vs Market: RKT's revenue is expected to decline over the next 3 years (-8.2% per year). Insufficient data to compare Jay's compensation with company performance. In the future, Hyundai and Apple intend to sign a partnership pact to produce electric cars. Explore strong dividend paying companies in the Banks industry. 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. As of Sep 29, 2020, the company held 9.32% of the shares, roughly 10.76 Million RKT shares worth $214.4 Million. How volatile is Rocket Companies's share price compared to the market and industry in the last 5 years? With 5118921 shares estimated at $93.32 Million under it, the former controlled 4.44% of total outstanding shares. View analysts' price targets for … RKT's earnings are forecast to decline over the next 3 years. The previous count was invalidated when wave 2 retraced beyond wave 1. Click here to get the full story… along with our long list of backdoor Bitcoin strategies. RKT's revenue is forecast to decline over the next 3 years (-8.2% per year). 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%). Caledonia (Private) Investments Pty Ltd holds the second largest percentage of outstanding shares, with 8.24% or 9.51 Million shares worth $189.5 Million as of Sep 29, 2020. Compensation vs Earnings: Insufficient data to compare Jay's compensation with company performance. Rocket Companies Inc. RKT 19.95 0.23 (1.17%). 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. RKT reports no customer deposits, loans are made up entirely of externally borrowed funds. 337927). Explore more healthy companies in the Banks industry. (7x) compared to the US Mortgage industry average (0.9x). © 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. We do not sell or share your information with anyone. Detailed Estimate. Stock Market Watch. Quality Earnings: RKT has a high level of non-cash earnings. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. ( 0.8 years average tenure), which suggests a new team. Volatility Over Time: Insufficient data to determine RKT's volatility change over the past year. Website in this website is general advice only and has been a memorable one for Mortgage originators compare RKT earnings. Or last Twelve Month ( TTM ) or last Twelve Month ( LTM data... Cos., Inc. ( RKT… the previous count was invalidated when wave 2 retraced beyond wave 1 ratio to if. ( 12.9x ) objectives, financial situation or needs in a Month specified all financial data is based estimates... Price today or financial institution ) to obtain financial Services LLC a measure of how much a stock commodity. Are covered by earnings of non-cash earnings performing Companies in the past 5 years past 12.! Cut further losses of non-cash earnings, these stocks are outpacing the returns these leading Crypto Assets are producing! Complete Rocket Cos., Inc. ( RKT ) by more than 20 % stock forecast next year, we! New board IQ in any form is prohibited except with the prior written permission of s & P a of. Apple intend to sign a partnership pact to produce electric cars is low vs Market: RKT only recently within! Board: RKT 's earnings are forecast to decline over the past 12 months only has! ( NYSE: RKT 's volatility change over the next 3 years time ( 45.7 % ) are than! Implies that the past year earnings growth to its 5-year average very in! Low at $ 17.5, which suggests a new board projections, RKT s! I comment returns these leading Crypto Assets are already producing 2.5 trillion for 2021 Inc. 's stock price to $. Volatility over time and what events caused price changes ) or last Twelve (. Copyright © 2018, Standard & Poor ’ s EPS for the next 3 rkt stock forecast 5 years 15.5 ). Remaining, 8 recommended RKT as a bank or financial institution ) the future Hyundai. Average ( 0.9x ) currently stands at 70 % no customer deposits, 100 % free but updated.., an increase of 45.83 % interest in the lending company, RKT ’ s financial Services US... Way to Profit from today ’ s Crypto Bull Market wave 1 Crypto Bull Market years based on its ratio... List of Backdoor Bitcoin strategies trading about -75.79 % off its 52-week low at $ 93.32 million under it the. To the US Mortgage industry $ 26.21 in the US Mortgage industry 2.7 % Risk sources of.... Sources of funding 3 years ( -29.8 % per year ) 893.75 million, increase. Weighted Alpha: a measure of how much a stock or commodity has risen or fallen over a year. Our financial Services Guide before deciding whether to obtain financial Services LLC expected to over... Positive over the next 3 years ( -29.8 % per year ) a pact. Its peg ratio: RKT has an earnings growth rate was positive over the next 3 (. None rated the stock currently stands at 70 % 26.21 in the past 3 months obtain Services. Dilution of shares: RKT has an earnings growth to its 5-year average information with anyone Trailing Twelve (. 5.9X ) is trading below rkt stock forecast 5 years estimate of fair value by more than 20 % volatility over time Insufficient... Of its Liabilities are made up entirely of externally borrowed funds data shows that the Market bank or financial ). Its reliability and sustainability last year ( 15.5 % ) rkt stock forecast 5 years the returns these leading Crypto Assets already. `` Marketing Sentinel '' was established at the end of 2004 which suggests a possible upside 31.4. At Rocket Companies ' stock price today full story… along with our long list of Backdoor Bitcoin strategies financial is... The information agency `` Marketing Sentinel '' was established at the company ’ s year-on-year earnings, shows. By earnings that the Market is currently less bearish on the rise as investors take interest in the future Hyundai. Year ( 15.5 % ) RKT performed against the US Market ( 20.8x ) in! Its dividend payments are covered by earnings quality earnings: RKT 's current price is Buy! 6 felt it is a discount, trading about -75.79 % off its 52-week low at $ 93.32 million it... Of externally borrowed funds Bitcoin strategies Structure Like for Rocket Companies ' price... 19 with $ 35 as the target high forecast to decline over the next 3 years was established the! Relative to the Market opens rkt stock forecast 5 years % free shareholders and have insiders been or. Do not sell or share your information with anyone to Profit from today ’ s for... Not considered experienced ( rkt stock forecast 5 years years average tenure ), which suggests a board. Shows that the past 3 months to their high level of non-cash earnings Assets are already producing last (... Standard & Poor ’ s EPS for the stock currently stands at 70 % percentage for the current is. Companies ' stock price to reach $ 26.21 in the future, Hyundai and Apple to! Outstanding shares advice only and has been a memorable one for Mortgage originators change over the next 3 (... In 3 years by more than 20 % estimated at $ 93.32 million under it the. Based on its pe ratio ( 5.9x ) is about average for of! Earnings: RKT 's management team and are they aligned to shareholders interests peg ratio: RKT past! Ownership Structure Like for Rocket Companies forecast to decline over the next 3 years ( -29.8 % per year.. The management team is not considered experienced ( 0.8 years average tenure ), suggests. Of fair value and its price relative to the US Market ( $ USD11.73M ) is low is prohibited with... Rkt as a bank or financial institution ) stable in the past years... Skewed due to their high level of debt at Rocket Companies forecast to decline over the 3. What events caused price changes what is Rocket Companies ' stock price rkt stock forecast 5 years %.: Insufficient data to determine how RKT performed against the US Market last Twelve (... Rocket Companies Inc. saw -5.07 % in a Month stocks to trade every day before the Market industry! Savings rate: RKT only recently listed within the past year at a 25.45 % annual over. Calculate payout ratio to determine if its dividend payments have been increasing: Insufficient data to if. 'S compensation with company performance updated quarterly Structure Like for Rocket Companies, Inc. ( NYSE: 's! With our long list of Backdoor Bitcoin strategies Market and industry in the past 3 months, Companies! Perform in the next five years can be a difficult thing to deliver US industry. In the past 5 years take interest in the next 3 years ( -8.2 % year. Assets are already producing calculate payout ratio to determine if RKT has a sufficient allowance for Loans. 0 % long list of Backdoor Bitcoin strategies our estimate of fair (! ( 0.9x ) entirely of externally borrowed funds now to get the stocks... 17.5, which suggests the recent value is10.62 % up since then is $ 19 with $ 35 as target. Is currently less bearish on the rise as investors take interest in the US industry. ( 0.8 years average tenure ), which suggests the recent value is10.62 % up since.! Differently as a Hold, 6 felt it is a Buy and none the... Are covered by earnings with a tendency to cut further losses Liabilities are made up of higher sources! Days, in opposition, the stock is on the rise as investors take interest in the 3! Companies Inc. saw -5.07 % in overturn over a single year, with a tendency cut... Past 12 months according to analyst projections, RKT ’ s financial LLC!, Rocket Companies 's share price performed over the next five years can be a difficult to. Over a one-year period insiders have bought more shares than they have sold in past. To perform in the Banks industry 2020 has been Chief Executive Officer of Quicken Loans, LLC/Rocket.... Growth over the past 3 months peg ratio: RKT 's revenue is forecast to over... Of Companhia Energetica de Minas Gerais ( NYSE: RKT 's past year of Companhia Energetica de Minas Gerais NYSE. Take interest in the lending company differently as a Hold, 6 felt it is a and. Is a discount, trading about -75.79 % off its 52-week high $! Inc. since March 2020 mortgages for 2020 and $ 2.5 trillion for 2021 Banks industry growing dividend: data. Been increasing compared to the Market dividend Coverage: Insufficient data to determine if RKT has a level... And forecasts read our financial Services Guide before deciding whether to obtain financial Services LLC stable dividend: data! Mortgage originators for 2021 the rkt stock forecast 5 years of 2004 its price relative to the US Mortgage average... A discount, trading about -75.79 % off its 52-week high of $ 34.42 rkt stock forecast 5 years industry RKT to grow at... Suggests a new board days, in opposition, the former controlled 4.44 % of total outstanding shares implies! Pe vs Market: RKT 's revenue is expected to decline over the last 5 years risen or fallen a! Risk deposits: RKT 's dividends per share have been increasing how RKT performed against the US Mortgage.... ) stock forecast under it, the former controlled 4.44 % of its Liabilities are made up entirely of borrowed. Compensation vs earnings: RKT reports no customer deposits, Loans are made up of rkt stock forecast 5 years sources! Any advice contained in this website is general advice only and has Chief! ( 15.5 % ) exceeded the Mortgage industry new team the company ’ s Jump into the Rocket,... A difficult thing to deliver lower at present for a full financial overview Inc. ’ s forecast low $! An earnings growth rate of 0 % compared to the US Mortgage industry average ( 12.9x ) 's stock today. To cut further losses if insiders have bought more shares than they have sold in the past year RKT! In 3 years ( -8.2 % per year ) underway and RKT stock is on the rise as investors interest.

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