Rocket Companies (RKT) Stock Price
Rocket Companies Price
Revenue has compounded at 6.1% per year over the past 10 years to 6.88 B USD. Earnings per share have declined at 52.4% per year over the last 9 years. Rocket Companies's net margin stands at -1.0%, down from 2.3% several years earlier. Rocket Companies currently offers a dividend yield of about 7.00%. The dividend has grown at 5.8% per year over the past 10 years. Analysts set a median price target of 18.00 USD, implying 57.5% above the current price. Of 22 analysts, 12 rate the stock a buy — an overall Buy consensus.
Rocket Companies stock price
Rocket Companies business model & stock analysis
Frequently asked questions about Rocket Companies
Rocket Companies Inc. operates as a financial technology company in the United States. The company's business model primarily focuses on the provision of technology-driven solutions for the mortgage industry. Rocket Companies Inc. operates through its subsidiaries, providing an online platform that enables individuals to obtain and manage their mortgage loans through a streamlined and digital process. With a strong emphasis on technological innovation, Rocket Companies Inc. ensures efficient online mortgage origination and servicing, catering to the diverse needs of its customers. Through its commitment to technology and customer-centric approach, Rocket Companies Inc. has established itself as a leading player in the mortgage lending industry.
Rocket Companies Inc is primarily active in the mortgage industry.
Rocket Companies Inc faces competition from several major players in the market. Some of its main competitors include Quicken Loans, Wells Fargo, JPMorgan Chase, and Bank of America. These competitors also operate in the mortgage lending industry and offer similar services to customers. However, Rocket Companies Inc stands out through its innovative online platform, Rocket Mortgage, which has revolutionized the mortgage application process. With its advanced technology and exceptional customer service, Rocket Companies Inc continues to maintain a leading position in the market, maintaining healthy competition with these key competitors.
Rocket Companies Inc is a leading financial technology company that specializes in providing digital solutions for the mortgage and personal lending industries. Founded in 1985 by Dan Gilbert, the company has grown to become one of the largest mortgage lenders in the United States. Rocket Companies Inc revolutionized the lending process by introducing an online platform called Rocket Mortgage, which allows borrowers to apply for mortgages conveniently and efficiently. Rocket Companies Inc has a strong track record of providing innovative and consumer-friendly financial services, making them a trusted name in the industry. With its commitment to technological advancements and exceptional customer service, Rocket Companies Inc continues to shape the future of the lending industry.
Since its inception, Rocket Companies Inc has achieved various significant milestones. Notably, the company went public on August 6, 2020, under the ticker "RKT," marking a major achievement for the mortgage giant. Rocket Companies Inc has consistently demonstrated strong growth and innovation, leveraging technology to streamline the mortgage process. The company also celebrated its 35th anniversary in 2020, highlighting its long-standing presence and expertise in the industry. Additionally, Rocket Companies Inc has received numerous accolades, including being ranked #10 on Fortune's 2021 100 Best Companies to Work For list. These milestones showcase the company's commitment to excellence, customer satisfaction, and continued success in the financial sector.
Rocket Companies Inc, a leading provider of mortgage and personal lending services, is primarily present in the United States. With a strong focus on the American market, Rocket Companies Inc operates across various states and regions within the United States. As a technology-driven company, their online platform facilitates home loans, refinancing, and personal loans for customers nationwide. With their headquarters based in Detroit, Michigan, Rocket Companies Inc has established a significant presence in the American financial market and continues to expand its services to better serve customers throughout the United States.
Rocket Companies Inc represents a set of core values and a corporate philosophy that underpins its operations. The company upholds integrity, transparency, and excellence in everything it does. Rocket Companies Inc is committed to putting clients first, providing exceptional service, and delivering innovative financial solutions. The company takes pride in its technology-driven approach, aiming to continually revolutionize the home loan and personal finance industry. With a focus on empowering individuals and simplifying complex processes, Rocket Companies Inc remains dedicated to creating a seamless and accessible experience for all its clients.
Analysts currently set an average price target of 18.63 USD for the Rocket Companies stock (median: 18.00 USD), implying +63.1 % versus the latest price. The consensus is based on 22 analyst ratings.
22 analysts currently rate the Rocket Companies stock: 12 recommend buying, 10 holding and 0 selling. For 2026, analysts expect Rocket Companies to generate revenue of 10.96 B USD and earnings per share of 0.61 USD.
Converted at the current exchange rate, the Rocket Companies share trades at 10.19 EUR (11.43 USD).
The Rocket Companies share (RKT) is listed on 1 stock exchanges, including: NYSE (RKT).
Rocket Companies Inc is a leading financial company that offers a wide range of products and services to facilitate access to financing for American consumers. The company operates as a holding company for a variety of subsidiaries, including Quicken Loans, Rocket Homes, Rocket Auto, and Rocket Loans. One of the key divisions of Rocket Companies Inc is Quicken Loans. This is the largest online mortgage company in the US, providing customers with quick and easy access to mortgages. Quicken Loans allows consumers to apply for a mortgage online or via mobile, speeding up and simplifying the process. Another important division of Rocket Companies Inc is Rocket Homes. This is an online marketplace for buying and selling real estate. Rocket Homes provides a variety of tools and resources to help buyers and sellers achieve the best price for their property. The platform also offers a range of real estate programs and services, such as home inspections, financing advice, renovation projects, and moving services. Rocket Auto is another important division of Rocket Companies Inc. This company offers an innovative way to buy or finance a car online. Rocket Auto allows customers to search for cars online, compare financing options, and then buy or finance the car directly online. Rocket Loans is an online lending platform that offers consumers quick and easy loans. With Rocket Loans, consumers can apply for unsecured installment loans to pay off debt or finance unforeseen expenses. The platform also offers fast pre-approval and funding, making the process even easier for customers. Overall, the business model of Rocket Companies Inc is focused on providing American consumers with fast and easy access to financing options. The company utilizes innovative technology and risk-based methods to provide its customers with an effective and efficient financing solution. Rocket Companies Inc is an internet-based company aimed at providing customers with quick and easy access to financial solutions. The company has positioned itself as one of the leading companies in the industry, offering a wide range of products and services to meet customer needs. By leveraging technology, risk assessment, and innovative financing options, Rocket Companies Inc has developed a model that enables customers to access the financial support they need faster and easier.
The expected revenue of Rocket Companies is 10.96 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Rocket Companies is 1.72 B USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Rocket Companies is currently 18.85. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Rocket Companies stock.
The price-to-sales ratio (P/S) of Rocket Companies is currently 2.96. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Rocket Companies stock.
The Eulerpool Quality Score for Rocket Companies is 1/10.
The ISIN of Rocket Companies is US77311W1018. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Rocket Companies is A2P9R6. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Rocket Companies is RKT. The ticker symbol is used to trade Rocket Companies shares on the stock exchange.
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All fundamentals and in-depth analysis of Rocket Companies
Our stock analysis for Rocket Companies stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Rocket Companies. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.