Analyst Expect Big Moves From Rocket Companies Inc (NYSE: RKT)

Currently, there are 146.03M common shares owned by the public and among those 136.63M shares have been available to trade.

The company’s stock has a 5-day price change of 21.46% and 41.09% over the past three months. RKT shares are trading 37.58% year to date (YTD), with the 12-month market performance up to 18.53% higher. It has a 12-month low price of $9.52 and touched a high of $20.23 over the same period. RKT has an average intraday trading volume of 7.52 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 6.77%, 12.91%, and 2.35% respectively.

Institutional ownership of Rocket Companies Inc (NYSE: RKT) shares accounts for 69.19% of the company’s 146.03M shares outstanding.

It has a market capitalization of $29.31B and a beta (3y monthly) value of 1.94. The stock’s trailing 12-month PE ratio is 87.11, while the earnings-per-share (ttm) stands at $0.17. The company has a PEG of 1.30 and the debt-to-equity ratio at 19.89. Price movements for the stock have been influenced by the stock’s volatility, which stands at 11.22% over the week and 7.00% over the month.

Earnings per share for the fiscal year are expected to increase by 99.29%, and 70.24% over the next financial year.

Looking at the support for the RKT, a number of firms have released research notes about the stock. Keefe Bruyette stated their Mkt Perform rating for the stock in a research note on April 02, 2025, with the firm’s price target at $14. Deutsche Bank coverage for the Rocket Companies Inc (RKT) stock in a research note released on April 02, 2025 offered a Buy rating with a price target of $16. UBS was of a view on January 10, 2025 that the stock is Neutral, while Keefe Bruyette gave the stock Underperform rating on December 10, 2024, issuing a price target of $16- $11.50. BofA Securities on their part issued Neutral rating on November 15, 2024.

Most Popular

Related Posts