RKT

Rocket Companies, Inc. [RKT] Stock Forecast

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RSI : 000

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In the News

12:30 29 May 2023 RKT

Lowe's cuts guidance, Rocket introduces 1% down program for home buyers

Yahoo Finance reporter Dani Romero discusses Lowe's Q1 earnings which indicate that homeowners are remodeling their homes less and breaks down which areas consumers are downsizing in.

08:38 29 May 2023 RKT

3 Housing Stocks That Will Crash as Housing Starts and Building Permits Plunge

The U.S. economy experienced an unprecedented disruption over the past few years. Many sectors were caught up in the sudden stoppage of the economy in 2020, followed by an incredible boom thereafter.

02:57 29 May 2023 RKT

7 Stocks to Sell if the Fed Keeps Raising Interest Rates

If we follow the common wisdom, the Federal Reserve raised interest rates in what could be its last major action against inflation, which would then make stocks to sell in a hawkish environment seem completely irrelevant. For what it's worth, I hope that this list of publicly traded enterprises to watch out for ages like milk.

03:07 29 May 2023 RKT

Dump These 7 Stocks Fast Before They Tank Your Portfolio

While no one invests in the capital markets to lose money, you can suffer the same result if you don't heed the warnings of stocks to dump fast before they tank your portfolio. True, this topic generates discomfort and usually anger.

09:17 29 May 2023 RKT

Compared to Estimates, Rocket Companies (RKT) Q1 Earnings: A Look at Key Metrics

The headline numbers for Rocket Companies (RKT) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

08:33 29 May 2023 RKT

Rocket Companies, Inc. (RKT) Q1 2023 Earnings Call Transcript

Start Time: 16:30 January 1, 0000 5:18 PM ET Rocket Companies, Inc. (NYSE:RKT ) Q1 2023 Earnings Conference Call May 04, 2023, 16:30 PM ET Company Participants Jay Farner - CEO Bill Emerson - Director Brian Brown - CFO and Treasurer Sharon Ng - VP, IR Conference Call Participants Ryan Nash - Goldman Sachs Kevin Barker - Piper Sandler Richard Shane - JPMorgan Donald Fandetti - Wells Fargo Kevin Kaczmarek - Zelman & Associates Operator Good afternoon. My name is David, and I'll be your conference operator today.

07:44 29 May 2023 RKT

Rocket Companies (RKT) Reports Q1 Loss, Misses Revenue Estimates

Rocket Companies (RKT) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to earnings of $0.15 per share a year ago.

07:37 29 May 2023 RKT

Rocket Companies to Announce First Quarter 2023 Results on May 4

DETROIT , April 21, 2023 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based fintech platform company consisting of tech-driven mortgage, real estate and financial services businesses – including Rocket Mortgage, Rocket Homes, Rocket Loans and Rocket Money – today announced the Company will issue its first quarter 2023 earnings on May 4, 2023. Leadership will host a conference call to discuss results at 4:30 p.m.

06:20 29 May 2023 RKT

7 Stocks to Sell as Banks Melt Down

Peruse the Internet for investment guidance and you're likely to hear the adage that you shouldn't consider stocks to sell when faced with volatility. Rather, you should buy up assets and securities when there's blood on the streets.

07:20 29 May 2023 RKT

Here's Why UWM Believes Brokers Are Better

UWM is best poised to succeed in the current purchase-driven market. The mortgage business is at the bottom of the cycle right now.

RKT Financial details

Company Rating
Neutral
Market Cap
15.48B
Income
-748.16M
Revenue
3.68B
Book val./share
4.62
Cash/share
7.16
Dividend
-
Dividend %
-
Employees
18.5K
Optionable
No
Shortable
Yes
Earnings
02 Aug 2023
P/E
-1.3
Forward P/E
-
PEG
0.12
P/S
4.21
P/B
1.69
P/C
1.08
P/FCF
23.45
Quick Ratio
1.47
Current Ratio
1.46
Debt / Equity
22.74
LT Debt / Equity
17.66
-
-
EPS (TTM)
-6.04
EPS next Y
-
EPS next Q
0.08
EPS this Y
-87.53%
EPS next Y
-
EPS next 5Y
-119.29%
EPS last 5Y
-1.02%
Revenue last 5Y
10.24%
Revenue Q/Q
41.87%
EPS Q/Q
-18.52%
-
-
-
-
SMA20
-11.11%
SMA50
-
SMA100
14.29%
Inst Own
4.42%
Inst Trans
-0.05%
ROA
-4%
ROE
-133%
ROC
-0.01%
Gross Margin
100%
Oper. Margin
-7%
Profit Margin
-20%
Payout
-
Shs Outstand
1.99B
Shs Float
120.02M
-
-
-
-
Target Price
14.62
52W Range
5.97-11.375
52W High
-29.59%
52W Low
+54.9%
RSI
35
Rel Volume
0.41
Avg Volume
2.36M
Volume
966.62K
Perf Week
-6.01%
Perf Month
-15.54%
Perf Quarter
-6.12%
Perf Half Y
4.95%
-
-
-
-
Beta
2.04069
-
-
Volatility
0.23%, 0.39%
Prev Close
1.11%
Price
7.745
Change
-2.46%

RKT Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
Revenue per share
34.7849.65138.9297.1447.15
Net income per share
6.118.983.9846.55.8
Operating cash flow per share
14.21-69.33-14.9959.389.76
Free cash flow per share
13.57-69.82-15.9456.9988.87
Cash per share
10.513.4617.6116.325.99
Book value per share
27.6434.854.385.14.78
Tangible book value per share
-4.455.8644.4223.562.24
Share holders equity per share
27.6434.854.385.14.78
Interest debt per share
83.1158.99200.01151.2878.64
Market cap
2.16B2.16B2.26B1.83B844.04M
Enterprise value
9.22B6.46B22.25B18.96B8.83B
P/E ratio
3.522.420.240.31.21
Price to sales ratio
0.620.430.150.140.15
POCF ratio
1.51-0.31-1.350.240.08
PFCF ratio
1.59-0.31-1.270.250.08
P/B Ratio
0.780.624.612.751.46
PTB ratio
0.780.624.612.751.46
EV to sales
2.641.31.431.491.55
Enterprise value over EBITDA
105.1826.619.234.63
EV to operating cash flow
6.46-0.93-13.262.450.82
EV to free cash flow
6.77-0.92-12.472.550.82
Earnings yield
0.280.414.153.320.83
Free cash flow yield
0.63-3.25-0.794.0712.7
Debt to equity
3.164.7460.4534.5820.13
Debt to assets
0.760.830.790.70.58
Net debt to EBITDA
7.663.4523.8917.3531.32
Current ratio
31.535.073.186.151.26
Interest coverage
04.311.761.860.5
Income quality
2.33-7.8-0.181.2815.46
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.660.550.280.360.65
Research and developement to revenue
00000
Intangibles to total assets
0.280.150.080.160.41
Capex to operating cash flow
-0.050.010.06-0.04-0.01
Capex to revenue
-0.02-0.01-0.01-0.02-0.02
Capex to depreciation
-0.84-0.65-1.43-4.05-1.15
Stock based compensation to revenue
0.010.010.010.010.04
Graham number
61.6383.569173.0324.99
ROIC
00.070.020.030.01
Return on tangible assets
0.070.050.270.220.06
Graham Net
-73.16-149.56-247.17-159.88-90.2
Working capital
7.87B1.31B1.37B1.78B149.73M
Tangible asset value
-446.62M587.69M5.02B4.37B269.68M
Net current asset value
-649.17M-14.94B-27.66B-20.88B-10.88B
Invested capital
2.921.6244.7628.9415.89
Average receivables
0391.65M152.46M15.96M10.27M
Average payables
0124.99M204.63M261.75M193.94M
Average inventory
00000
Days sales outstanding
52.3320.710.520.280.69
Days payables outstanding
00000
Days of inventory on hand
00000
Receivables turnover
6.9717.62701.281.3K526.57
Payables turnover
00000
Inventory turnover
00000
ROE
0.220.2619.169.121.21
Capex per share
-0.64-0.49-0.95-2.32-0.89

Quarterly Fundamentals Overview

Last date of statement is 2023-03-31 for Q1

Metric History 2022-03-312022-06-302022-09-302022-12-31 2023-03-31
Revenue per share
21.4511.410.563.635.03
Net income per share
8.450.50.81-4.05-3.3
Operating cash flow per share
71.5-18.4125.3710.01-10.63
Free cash flow per share
71.15-18.7225.1410-10.63
Cash per share
18.837.76.945.937.16
Book value per share
4.464.54.694.744.62
Tangible book value per share
8.1917.813.872.221.49
Share holders equity per share
4.464.54.694.744.62
Interest debt per share
104.0811790.5275.8685.9
Market cap
1.36B874.38M752.21M852.26M1.13B
Enterprise value
11.74B13.28B10.15B8.84B10.4B
P/E ratio
0.333.661.95-0.43-0.69
Price to sales ratio
0.520.650.61.931.8
POCF ratio
0.16-0.40.250.7-0.85
PFCF ratio
0.16-0.390.250.7-0.85
P/B Ratio
2.491.641.351.481.96
PTB ratio
2.491.641.351.481.96
EV to sales
4.469.818.0819.9716.57
Enterprise value over EBITDA
64.9110.5780.69285.05-25.11
EV to operating cash flow
1.34-6.073.367.25-7.85
EV to free cash flow
1.35-5.973.397.26-7.85
Earnings yield
0.760.070.13-0.58-0.36
Free cash flow yield
6.4-2.543.981.43-1.17
Debt to equity
30.2330.524.5120.1322.74
Debt to assets
0.660.650.610.580.62
Net debt to EBITDA
57.36103.2974.71257.56-22.38
Current ratio
8.041.251.231.261.46
Interest coverage
1.991.181.20.09-6.6
Income quality
8.46-36.631.38-2.473.22
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.430.730.71.621.27
Research and developement to revenue
00000
Intangibles to total assets
0.250.270.320.410.37
Capex to operating cash flow
00.02-0.0100
Capex to revenue
-0.02-0.03-0.0200
Capex to depreciation
-2.01-1.5-1.12-0.050
Stock based compensation to revenue
0.020.040.040.110.08
Graham number
29.127.149.2420.7718.51
ROIC
0.01000-0.02
Return on tangible assets
0.0600.01-0.04-0.03
Graham Net
-115.97-129.48-108.01-89.33-97.76
Working capital
2.03B185.61M152.46M149.73M279.56M
Tangible asset value
2.29B2.11B1.65B269.68M186.1M
Net current asset value
-14.23B-15.39B-12.86B-10.88B-12.2B
Invested capital
23.1925.8519.1415.8918.49
Average receivables
10.27M10.3M10.49M10.99M9.43M
Average payables
280.2M261.29M218.78M160.08M125.69M
Average inventory
00000
Days sales outstanding
0.370.650.82.21.16
Days payables outstanding
00000
Days of inventory on hand
00000
Receivables turnover
243.79138.19112.3940.9877.76
Payables turnover
00000
Inventory turnover
00000
ROE
1.890.110.17-0.85-0.71
Capex per share
-0.34-0.31-0.23-0.010

RKT Frequently Asked Questions

What is Rocket Companies, Inc. stock symbol ?

Rocket Companies, Inc. is a US stock , located in Detroit of Mi and trading under the symbol RKT

Is Rocket Companies, Inc. buy or a sell ?

8 stock analysts have 8 predictions with a medium analyst target price of $14.63. The lowest prediction is $8 and the highest is $23

What is RKT stock prediction ?

What is Rocket Companies, Inc. stock quote today ?

Rocket Companies, Inc. stock price is $7.745 today.

Is Rocket Companies, Inc. stock public?

Yes, Rocket Companies, Inc. is a publicly traded company.

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