Rocket Companies, Inc. [RKT] Stock Forecast

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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

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

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

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