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NYSE: RKT
Rocket Companies Inc Stock

$17.51-0.01 (-0.06%)
Updated Oct 7, 2024
RKT Price
$17.51
Fair Value Price
N/A
Market Cap
$34.84B
52 Week Low
$7.17
52 Week High
$21.38
P/E
175.1x
P/B
52.89x
P/S
0.42x
PEG
N/A
Dividend Yield
N/A
Revenue
$4.58B
Earnings
$13.08M
Gross Margin
52.7%
Operating Margin
3.95%
Profit Margin
0.3%
Debt to Equity
22.52
Operating Cash Flow
-$1B
Beta
1.52
Next Earnings
Oct 31, 2024
Ex-Dividend
N/A
Next Dividend
N/A

RKT Overview

Rocket Companies, Inc. engages in the mortgage business in the United States. It is involved in originating, processing, underwriting, and servicing predominantly government sponsored enterprises-conforming mortgage loans, as well as Fair Housing Act, U.S. Department of Agriculture, and U.S. Department of Veteran's Affairs mortgage loans. The company offers its mortgage loans in 50 states through the internet, national television, and other marketing channels. It also offers title insurance, property valuation, and settlement services; online marketing and lead generation services; online-based personal loans; and car sales support services to car rental and online car purchasing platforms. The company also operates a digital platform for buying and selling homes; a sales and support platform that offers in inbound and outbound contact center services; and a loan origination platform. Rocket Companies, Inc. was founded in in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. is a subsidiary of Rock Holdings, Inc.

Zen Score

Industry Average (22)
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Due Diligence Checks

RKT was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
RKT is poor value based on its earnings relative to its share price (175.1x), compared to the US market average (26.63x)
P/E vs Market Valuation
RKT is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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RKT News

Valuation

RKT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
175.1x
Industry
137.83x
Market
26.63x
RKT is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
RKT is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

RKT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
52.89x
Industry
0.44x
RKT is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

RKT's financial health

Profit margin

Revenue
$1.3B
Net Income
$1.3M
Profit Margin
0.1%
RKT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$23.6B
Liabilities
$14.8B
Debt to equity
22.52
RKT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$122.3M
Investing
-$261.5M
Financing
$827.5M

RKT vs Mortgage Stocks

TickerMarket Cap1d %P/EP/B
RKT$34.84B-0.06%175.10x52.89x
UWMC$11.76B-2.65%245.33x103.62x
COOP$5.89B-0.02%8.41x1.28x
PFSI$5.43B-0.52%27.70x1.48x
WD$3.73B-0.39%42.46x2.20x

Rocket Companies Stock FAQ

What is Rocket Companies's quote symbol?

(NYSE: RKT) Rocket Companies trades on the NYSE under the ticker symbol RKT. Rocket Companies stock quotes can also be displayed as NYSE: RKT.

If you're new to stock investing, here's how to buy Rocket Companies stock.

What is the 52 week high and low for Rocket Companies (NYSE: RKT)?

(NYSE: RKT) Rocket Companies's 52-week high was $21.38, and its 52-week low was $7.17. It is currently -18.1% from its 52-week high and 144.21% from its 52-week low.

How much is Rocket Companies stock worth today?

(NYSE: RKT) Rocket Companies currently has 1,989,448,225 outstanding shares. With Rocket Companies stock trading at $17.51 per share, the total value of Rocket Companies stock (market capitalization) is $34.84B.

Rocket Companies stock was originally listed at a price of $21.51 in Aug 6, 2020. If you had invested in Rocket Companies stock at $21.51, your return over the last 4 years would have been -18.6%, for an annualized return of -5.01% (not including any dividends or dividend reinvestments).

How much is Rocket Companies's stock price per share?

(NYSE: RKT) Rocket Companies stock price per share is $17.51 today (as of Oct 7, 2024).

What is Rocket Companies's Market Cap?

(NYSE: RKT) Rocket Companies's market cap is $34.84B, as of Oct 8, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Rocket Companies's market cap is calculated by multiplying RKT's current stock price of $17.51 by RKT's total outstanding shares of 1,989,448,225.
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