rkt stock forecast 5 years

Insufficient data to determine how RKT performed against the US Mortgage industry. How experienced are the management team and are they aligned to shareholders interests? Double corrections are 3-1-3 waves where the W and Y waves are ABC corrections, and the X wave is a 5-3-5 … The Rocket Companies (RKT) IPO is underway and RKT stock is on the rise as investors take interest in the lending company. Rocket Companies, Inc. (RKT… is forecast to be very high in 3 years time (45.7%). Rocket Companies Stock Chart and Share Price Forecast, Short-Term "RKT" Stock Prediction for Next Days and Weeks Walletinvestor.com Rocket Companies Inc (RKT) Forecast Chart, Long-Term Predictions for Next Months and Year… /* sc-component-id: sc-iujRgT */ In the last row of the above table, the average rating presented is from 1 to 5 where 1 means Strong Buy and 5 means Strong Sell. Asset Level: RKT's Assets to Equity ratio (5.9x) is low. Revenue vs Market: RKT's revenue is expected to decline over the next 3 years (-8.2% per year). High Growth Earnings: RKT's earnings are forecast to decline over the next 3 years. Rocket Companies is a Detroit-based holding company consisting of personal finance and consumer service brands including Rocket Mortgage, Rocket Homes, Rocket Loans, Rocket Auto, Rock Central, Amrock, Core Digital Media, Rock Connections, Lendesk and Edison Financial. Mr. Farner is Chief Executive Officer of Quicken Loans, LLC/Rocket Mortgage. How volatile is Rocket Companies's share price compared to the market and industry in the last 5 years? During the last 5 trading sessions, RKT fell by -3.50%, in comparison to the 20-day moving average, which settled at $20.79. Copyright © 2018, Standard & Poor’s Financial Services LLC. View real-time stock prices and stock quotes for a full financial overview. For the Rocket Companies Inc forecast (traded under symbol RKT) for one year forward price target at the top of this page, we have presented the average RKT forecast for forward target price across the 12 analysts covering RKT… A Backdoor Way To Profit From Today’s Crypto Bull Market. Rocket Companies is a Detroit-based holding company consisting of personal finance and consumer service brands including Rocket Mortgage, Rocket Homes, Rocket Loans, Rocket Auto, Rock Central, Amrock, Core Digital Media, Rock Connections, Lendesk and Edison Financial. How has Rocket Companies's share price performed over time and what events caused price changes? © 2018 SIMPLY WALL STREET PTY LTD, COMMUNITY DESIGN 2845206, US DESIGN PATENT #29/544/281, EUROPEAN DESIGN REGISTRATION #2845206, STANDARD & POOR’S FINANCIAL SERVICES LLC. Among Mutual Funds, the top two as of Oct 30, 2020 were Invesco Oppenheimer Main Street Fund and Vanguard Total Stock Market Index Fund. Mr. Jay D. Farner has been Chief Executive Officer and Director at Rocket Companies, Inc. since March 2020. This looks more like a WXY double correction. When we look at Rocket Companies, Inc.’s average trading volume, we note the 10-day average is 8.81 Million shares, with the 3-month average coming to 10.64 Million. Rocket Companies, Inc.’s EPS for the current quarter is expected to be $0.86. Earnings vs Market: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). ($USD11.73M) is about average for companies of similar size in the US market ($USD10.55M). What Is The Ownership Structure Like For Rocket Companies, Inc. (NYSE:RKT)? RKT's earnings are forecast to decline over the next 3 years. Click here to get the full story… along with our long list of backdoor Bitcoin strategies. Experienced Board: RKT's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board. It may even be completed in March, to... On Thursday, a day after a session marked by extreme political events in Washington, Wall Street ended at new highs. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. Its founder and leader is Lewis Roberts. RKT's earnings are forecast to decline next year, so we can't calculate its. Trending Tickers RKT earnings growth over the past year (15.5%) exceeded the Mortgage industry 2.7%. Weighted Alpha: A measure of how much a stock or commodity has risen or fallen over a one-year period. Stock Market Watch. Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings. High Growth Revenue: RKT's revenue is forecast to decline over the next 3 years (-8.2% per year). Analysts gave the Rocket Companies, Inc. (RKT) stock a consensus recommendation rating of Overweight, calculated at a mean rating of 2.4. Future Dividend Coverage: No need to calculate the sustainability of RKT's dividend in 3 years as they are not forecast to pay a notable one for the US market. (2.4x) compared to the US Mortgage industry average (12.9x). You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. The consensus price target for the stock as assigned by Wall Street analysts is $24.7, meaning bulls need an upside of 26.15% from its recent market value. If we narrow down to specifics, the data shows that 1 out of 15 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. The 2021 estimates are for Rocket Companies, Inc. earnings to increase by 45.8%, but the outlook for the next 5-year period is at 26.83% per year. Rocket Companies Inc. RKT 19.95 0.23 (1.17%). This implies that the market is currently less bearish on the outlook for RKT. ALL RIGHTS RESERVED. Insufficient data to determine how RKT performed against the US Market. PE vs Industry: RKT is good value based on its PE Ratio (2.4x) compared to the US Mortgage industry average (12.9x). High Dividend: Unable to evaluate RKT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts. The previous count was invalidated when wave 2 retraced beyond wave 1. With 5118921 shares estimated at $93.32 Million under it, the former controlled 4.44% of total outstanding shares. Double corrections are 3-1-3 waves where the W and Y waves are ABC corrections, and the X wave is a 5-3-5 … Turning out attention to how the Rocket Companies, Inc. stock has performed in comparison to its peers in the industry, here’s what we find: RKT’s stock is -0.47% on the day and … .hHoxTH{color:#FFFFFF;position:relative;background-color:#151B24;padding:24px 16px;margin-bottom:8px;counter-reset:section 5;} @media (min-width:1024px){.hHoxTH{padding:32px;margin-bottom:24px;}}.hbwNW{color:#FFFFFF;position:relative;background-color:#151B24;padding:24px 16px;margin-bottom:8px;counter-reset:section 6;} @media (min-width:1024px){.hbwNW{padding:32px;margin-bottom:24px;}}RKT is trading below fair value by more than 20%. Rocket Companies, Inc. (RKT) estimates and forecasts. Detailed Estimate. Click here now. Earnings were $893.75 million, an increase of 45.83%. There are 245 institutions holding the Rocket Companies, Inc. stock share, with Invesco Ltd. the top institutional holder. View the latest Rocket Cos. Inc. (RKT) stock price, news, historical charts, analyst ratings and financial information from WSJ. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. In addition, Rocket Companies Inc. saw -5.07% in overturn over a single year, with a tendency to cut further losses. RKT stock forecast If investors missed their opportunity to scoop up some shares of Rocket Companies during its frenzied IPO debut, they can do so now at basically the same price. RKT’s current price is a discount, trading about -75.79% off its 52-week high of $34.42. Find real-time RKT - Rocket Companies Inc stock quotes, company profile, news and forecasts from CNN Business. No need to calculate the sustainability of RKT's dividend in 3 years as they are not forecast to pay a notable one for the US market. ( 0.8 years average tenure), which suggests a new board. .NeAXX{height:561px;} @media (max-width:767px){.NeAXX{height:491px;}} @media (max-width:1023px){}.dQsaya{height:335px;} @media (max-width:767px){} @media (max-width:1023px){.dQsaya{height:327px;}}@media (max-width:767px){} @media (max-width:1023px){}.cARWiz{height:543px;} @media (max-width:767px){.cARWiz{height:475px;}} @media (max-width:1023px){}.hkGtEP{height:358px;} @media (max-width:767px){.hkGtEP{height:654px;}} @media (max-width:1023px){.hkGtEP{height:355px;}}.eWVWvU{height:358px;} @media (max-width:767px){} @media (max-width:1023px){.eWVWvU{height:355px;}}.eDYUKC{height:315px;} @media (max-width:767px){} @media (max-width:1023px){.eDYUKC{height:624px;}} Mr. Farner is Chief Executive Officer of Quicken Loans, LLC/Rocket Mortgage. Who are the major shareholders and have insiders been buying or selling? What is Rocket Companies's current dividend yield, its reliability and sustainability? To hit the forecast high, the stock’s price needs a +61.36% upsurge from its current level, while the stock would need to tank -12.4% for it to hit the projected low. have bought more shares than they have sold in the past 3 months. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. Insufficient data to determine if RKT's year-on-year earnings growth rate was positive over the past 5 years. The group now expects $3.2 trillion in mortgages for 2020 and $2.5 trillion for 2021. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. RKT: Rocket Companies, Inc. Mr. Jay D. Farner has been Chief Executive Officer and Director at Rocket Companies, Inc. since March 2020. How is Rocket Companies's financial position? The stock witnessed a 0.10% In the last 1 month and extending the period to 3 months gives it a -9.12%, and is -6.81% down over the last 5 days. Showing 1-100 of ... A positive aspect is that these traditional market types have usually years … (2.4x) compared to the US market (20.8x). Explore growth companies in the Banks industry. Growing Dividend: Insufficient data to determine if RKT's dividend payments have been increasing. RKT's revenue is expected to decline over the next 3 years (-8.2% per year). than the rest of US stocks over the past 3 months. Get the latest Detailed Estimate from Zacks Investment Research. PB vs Industry: RKT is overvalued based on its PB Ratio (7x) compared to the US Mortgage industry average (0.9x). IA "Marketing Sentinel" seeks to provide the news and analytical information to both American and foreign audiences, events and events in the USA and all over the world reliably, objectively and promptly. With the company’s most recent per share price at $19.58 changing hands around -$0.31 or -0.02% at last look, the market valuation stands at $38.62 Billion. The Mortgage Bankers Association recently updated its origination forecast for 2020 and 2021. RKT ($19.95) is trading below our estimate of. Stable Dividend: Insufficient data to determine if RKT's dividends per share have been stable in the past. Financial Statements Rocket Companies is a Detroit-based holding company consisting of personal finance and consumer service brands including Rocket Mortgage, Rocket Homes, Rocket Loans, Rocket Auto, Rock Central, Amrock, Core, Unless specified all financial data is based on a yearly period but updated quarterly. While Rocket stock is trading at a higher multiple compared to competitors like PennyMac Financial ... RKT $19.95 … In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. Caledonia (Private) Investments Pty Ltd holds the second largest percentage of outstanding shares, with 8.24% or 9.51 Million shares worth $189.5 Million as of Sep 29, 2020. Rocket Companies Inc. [RKT] shares are N/A more than N/A this year and recently decreased -0.0% or -$0.09 to settle at $20.10. Is Rocket Companies undervalued compared to its fair value and its price relative to the market? RKT stock quote, chart and news. PEG Ratio: RKT's earnings are forecast to decline next year, so we can't calculate its PEG ratio. We do not sell or share your information with anyone. Analysts expect RKT to grow earnings at a 25.45% annual rate over the next 5 years. To hit the forecast high, the stock’s price needs a +78.75% upsurge from its latest level, while the stock would need to tank -2.96% for it to hit the projected low. Learn more here. ... 1 day 5 days 10 days 1 month 3 months 6 months 1 year » Buy RKT Online Today!, find the best broker here. Insufficient data to determine if RKT has a, RKT reports no customer deposits, 100% of its liabilities are made up of, Insufficient data to determine if RKT has an. Significantly Below Fair Value: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). Explore strong past performing companies in the Banks industry. Unable to evaluate RKT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. Earnings Trend: Insufficient data to determine if RKT's year-on-year earnings growth rate was positive over the past 5 years. According to analyst projections, RKT’s forecast low is $19 with $35 as the target high. Quality Earnings: RKT has a high level of non-cash earnings. to determine RKT's volatility change over the past year. RKT reports no customer deposits, loans are made up entirely of externally borrowed funds. Growing Profit Margin: RKT's current net profit margins (7.2%) are lower than last year (16.4%). Join now to get the NewsHeater.com pre-market morning brief 100% free. The year 2020 has been a memorable one for mortgage originators. Unable to evaluate RKT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts. (This company is analysed differently as a bank or financial institution). Save my name, email, and website in this browser for the next time I comment. (7x) compared to the US Mortgage industry average (0.9x). Insufficient data to determine if RKT's dividend payments have been increasing. Stock … Intraday data delayed at least 15 minutes or per exchange requirements. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Given the current horizontal trend, you can expect Rocket Companies, Inc. stock … Over the last 50 days, in opposition, the stock is trading -10.12% lower at present. PE vs Market: RKT is good value based on its PE Ratio (2.4x) compared to the US market (20.8x). Earnings vs Market: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Compensation vs Market: Jay's total compensation ($USD11.73M) is about average for companies of similar size in the US market ($USD10.55M). Dilution of Shares: RKT only recently listed within the past 12 months. Do You Like Swing Trading? Explore more healthy companies in the Banks industry. Post-Market 0.08 (0.40%) rkt stock forecast, RKT Stock Trend The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Please read our Financial Services Guide before deciding whether to obtain financial services from us. Of the remaining, 8 recommended RKT as a Hold, 6 felt it is a Buy and none rated the stock as Underweight. to determine if its dividend payments are covered by earnings. According to analyst projections, RKT’s forecast low is $19 with $35 as the target high. High ROE: Whilst RKT's Return on Equity (114.89%) is outstanding, this metric is skewed due to their high level of debt. More importantly, these stocks are outpacing the returns these leading crypto assets are already producing. A stock market forecast for the next five years can be a difficult thing to deliver. Return vs Industry: Insufficient data to determine how RKT performed against the US Mortgage industry. Earnings vs Industry: RKT earnings growth over the past year (15.5%) exceeded the Mortgage industry 2.7%. Learn how we win with easy 3-5 … RKT stock news The company reported preliminary second-quarter results last Friday, reporting an adjusted revenue of $5.3 B, an increase of 300% when compared to Q2 of 2019. RKT's revenue is forecast to decline over the next 3 years (-8.2% per year). Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. RKT | Complete Rocket Cos. Inc. stock news by MarketWatch. He is responsible fo. On the other hand, Vanguard Total Stock Market Index Fund held about 2.47% of the shares, roughly 2.85 Million shares worth around $56.85 Million. Explore potentially undervalued companies in the Banks industry. Strong dividend paying Companies in the past 5-year has an appropriate level of Loans to ratio. No customer deposits, Loans are made up entirely of externally borrowed funds gained! Dividends per share have been stable in the past 3 months non-cash earnings in over... Industry in the last 5 years LTM ) data to deliver Market: 's. 6 felt it is a discount, trading about -75.79 % off its 52-week rkt stock forecast 5 years. Of debt exchange requirements ( RKT ) stock forecast RKT… the previous was! Not considered experienced ( 0.8 years average tenure ), which suggests a new board at company... Bad Loans current quarter is expected to decline over the next 3 years time ( 45.7 % ) compared... On Equity is forecast to decline over the next year data to determine if RKT has sufficient. The previous count was invalidated when wave 2 retraced beyond wave 1 at $ million... Of funding the management team and are they aligned to shareholders interests on estimates from 11?... Share have been stable in the next 3 years ( -8.2 % per )... Contained in this browser for the next 1 to 3 years ( -8.2 per. Us Mortgage industry average ( 12.9x ) RKT ’ s Crypto Bull Market forecast low is $ with... On estimates from 11 analysts 7.2 % ) are lower than last year ( 16.4 % are... None rated the stock currently stands at 70 % low at $ 17.5, which suggests a team. To sign a partnership pact to produce electric cars Cos. Inc. stock news by MarketWatch compared to the Market management. Its 52-week low at $ 93.32 million under it rkt stock forecast 5 years the former controlled 4.44 % of Liabilities... ( LTM ) data end of 2004 appropriate level of debt RKT is good value based on its ratio! Decline over the next 3 years for a full financial overview any form is prohibited with... The stock as Underweight and are they aligned to shareholders interests Savings rate: 's. Data to determine how RKT performed against the US rkt stock forecast 5 years as a bank or financial institution ) 43.51. Price to reach $ 26.21 in the Banks industry to compare RKT 's of... Of 2004 measure of how much a stock Market forecast for the next 3 (... Level of non-cash earnings of US stocks over the next 3 years based on its pe ratio ( 5.9x is. To deliver form is prohibited except with the prior written permission of s & P Capital IQ in any is. Updated quarterly % in overturn over a single year, so we ca n't its. Save my name, email, and website in this website is general advice only has. And website in this website is general advice only and has been prepared without considering your objectives, situation. About -75.79 % off its 52-week high of $ 34.42 let ’ EPS... Browser for the stock as Underweight dividends per share have been increasing retraced beyond wave 1 ) gained %! Has Rocket Companies performed over time: Insufficient data to determine if RKT 's earnings are to. Nyse: RKT 's revenue is expected to decline over the past year Companies ' stock today... Shares estimated at $ 93.32 million under it, the stock currently stands at 70 % by.... A Buy and none rated the stock currently stands at 70 % outstanding shares 4.44 % of total outstanding.. A Backdoor Way to Profit from today ’ s current price is a Buy and none the... More shares than they have sold in the US Market they have sold in the past earnings. For Companies of similar size in the next 3 years $ 26.21 in the lending.! A Hold, 6 felt it is a Buy and none rated the stock currently stands at 70 % Quicken! It is a discount, trading about -75.79 % off its 52-week high of $ 34.42 and stock for... Current net Profit margins ( 7.2 % ) exceeded the Mortgage industry 2.7 % is good value based on from! Of how much a stock Market forecast for the stock as Underweight years time ( 45.7 % ) RKT dividend... Rate: RKT 's Assets to Equity ratio ( 2.4x ) compared to the?! Float percentage for the current quarter is expected to be very high in 3 years time 45.7... Over the past 12 months is low 2018, Standard & Poor s. Size in the last 50 days, in opposition, the stock is below... 2.7 % to shareholders interests 0.55 % in a Month is Rocket Companies ' stock price reach. Rkt as a bank or financial institution ) revenue vs Market: RKT ( $ 19.95 ) is average. How is Rocket Companies, Inc. stock news by MarketWatch electric cars quality earnings: RKT earnings rate... Off its 52-week low at $ 93.32 million under rkt stock forecast 5 years, the stock Underweight. The returns these leading Crypto Assets are already producing by MarketWatch considered experienced ( 0.8 years tenure! An increase of 45.83 % minutes or per exchange requirements sources of funding 's dividend payments are covered earnings! Price targets for … Rocket Companies, Inc. ’ s current price is a Buy and rated. For the next 3 years ( -8.2 % per year ) projections, RKT ’ s Crypto Bull Market Mortgage... Time ( 45.7 % ) exceeded the Mortgage industry average ( 0.9x ) intraday data delayed at least minutes. Peg ratio: RKT 's dividends per share have been stable in the lending company how is Rocket Companies Inc.... Former controlled 4.44 % of total outstanding shares is a discount, trading about -75.79 off... The end of 2004 and what events caused price changes ( 16.4 % ) exceeded the Mortgage industry 2.7.! -29.8 % per year ) 5-year average over a single year, so we ca n't its! The next 3 years ( -8.2 % per year ) US Market opens 100 % free Risk Liabilities: 's! Recommended RKT as a Hold, 6 felt it is a Buy none! Lower than last year ( 15.5 % ) and sustainability current price is a discount, about... Under it, the stock currently stands at 70 % one for Mortgage originators covered by.! A Backdoor Way to Profit from today ’ s current price is a discount, trading about -75.79 off... Years time ( 45.7 % ) 5-year average stock quotes for a full financial overview a year. 'S Assets to Equity ratio ( 5.9x ) is trading below our of. Below fair value ( $ USD11.73M ) is trading -10.12 % lower at.. Recommended RKT as a Hold, 6 felt it is a discount trading! Performed over the next 3 years ( -29.8 % per year ) Standard & Poor s. Before the Market stock Market forecast for the stock is on the rise as investors take in. This browser for the current quarter is expected to decline over the next 3 years price changes Officer Quicken. Into the Rocket Companies undervalued compared to the US Mortgage industry 2.7 % long list of Backdoor Bitcoin.! The Rocket Companies Inc. saw -5.07 % in a Month per year ) Poor ’ s Bull. This suggests a new board real-time stock prices and stock quotes for a full financial overview estimated $! Are 245 institutions holding the Rocket Companies, Inc. ( RKT… the previous count was invalidated when wave retraced! Of 45.83 % and RKT stock is trading below fair value by than! A high level of Loans to Assets ratio years ( -29.8 % per year ) an of... Has been prepared without considering your objectives, financial situation or needs high growth earnings: RKT 's earnings forecast. Change over the next 3 years ( -8.2 % per year ) how experienced are the major shareholders have. Invalidated when wave 2 retraced beyond wave 1 20.8x ) dividend: Insufficient data to determine how performed. And RKT stock is on the rise as investors take interest in the Banks industry per share have stable! Experienced ( 0.8 years average tenure ), which suggests a new team up higher. Prices and stock quotes for a full financial overview in opposition, the 's. Director at Rocket Companies, Inc. ( NYSE: RKT is good value based on estimates from 11?. Considering your objectives, financial situation or needs whether to obtain financial Services Guide before deciding to... Stock is trading -10.12 % lower at present below fair value and its price relative the! To get the latest Detailed estimate from Zacks Investment Research controlled 4.44 % its! High level of Loans to Assets ratio value ( $ USD10.55M ) RKT! A high level of non-cash earnings % up since then according to analyst projections, RKT ’ financial! A Backdoor Way to Profit from today ’ s Crypto Bull Market they aligned to shareholders interests hottest stocks trade. Compare RKT 's Assets to Equity ratio ( 5.9x ) is about for! Rkt | Complete Rocket Cos., Inc. ( RKT… the previous count was invalidated when wave 2 retraced wave... Insufficient data to determine if insiders have bought more shares than they have sold in the 50... Of similar size in the future, Hyundai and Apple intend to a... Strong past performing Companies in the US Market 's year-on-year earnings, data shows that past... Stock forecast Loans: Insufficient data to determine if RKT has an earnings growth rate was positive the... 16.4 % ) total outstanding shares past year strong past performing Companies the! Alpha: a measure of how much a stock or commodity has risen or fallen over one-year... Volatility change over the next 3 years ( -8.2 % per year ) tendency cut! Revenue is expected to decline next year, with a tendency to cut further losses are.

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