Currently, there are 144.92M common shares owned by the public and among those 135.07M shares have been available to trade.
The company’s stock has a 5-day price change of 2.40% and -37.54% over the past three months. RKT shares are trading -1.60% year to date (YTD), with the 12-month market performance down to -11.08% lower. It has a 12-month low price of $10.06 and touched a high of $21.38 over the same period. RKT has an average intraday trading volume of 3.30 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.07%, -15.34%, and -26.79% respectively.
Institutional ownership of Rocket Companies Inc (NYSE: RKT) shares accounts for 66.28% of the company’s 144.92M shares outstanding.
It has a market capitalization of $22.10B and a beta (3y monthly) value of 2.43. The earnings-per-share (ttm) stands at -$0.15. The company has a debt-to-equity ratio at 23.44. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.71% over the week and 4.24% over the month.
Earnings per share for the fiscal year are expected to increase by 400.01%, and 152.47% over the next financial year.
Looking at the support for the RKT, a number of firms have released research notes about the stock. UBS stated their Neutral rating for the stock in a research note on January 10, 2025, with the firm’s price target at $11.50. Keefe Bruyette coverage for the Rocket Companies Inc (RKT) stock in a research note released on December 10, 2024 offered a Underperform rating with a price target of $11.50. BofA Securities was of a view on November 15, 2024 that the stock is Neutral, while Morgan Stanley gave the stock Equal-Weight rating on November 05, 2024, issuing a price target of $11- $18. Keefe Bruyette on their part issued Mkt Perform rating on August 05, 2024.
