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Rocket Companies is a mortgage finance business based in the US. Rocket Companies stocks (RKT.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $7.41 – an increase of 21.35% over the previous week. Rocket Companies employs 26,000 staff and has a trailing 12-month revenue of around $11.3 billion.
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| Latest market close | $7.73 |
|---|---|
| 52-week range | $6.27 - $19.36 |
| 50-day moving average | $8.67 |
| 200-day moving average | $12.99 |
| Wall St. target price | $8.54 |
| PE ratio | 3.535 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $1.80 |
Note: The dollar amounts in the table below are in Canadian dollars.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the close of $7.73 from 2022-06-24
| 1 week (2022-06-17) | 21.35% |
|---|---|
| 1 month (2022-05-24) | -11.66% |
| 3 months (2022-03-25) | -25.67% |
| 6 months (2021-12-27) | -48.74% |
| 1 year (2021-06-25) | -61.62% |
|---|---|
| 2 years (2020-06-23) | N/A |
| 3 years (2019-06-23) | N/A |
| 5 years (2017-06-23) | N/A |
Valuing Rocket Companies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Rocket Companies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Rocket Companies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Rocket Companies shares trade at around 4x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Rocket Companies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $5 billion.
The EBITDA is a measure of a Rocket Companies's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $11.3 billion |
|---|---|
| Operating margin TTM | 43.2% |
| Gross profit TTM | $13.2 billion |
| Return on assets TTM | 10.16% |
| Return on equity TTM | 50.94% |
| Profit margin | 2.11% |
| Book value | $4.58 |
| Market capitalisation | $12.7 billion |
TTM: trailing 12 months
Dividend payout ratio: 67.33% of net profits
Recently Rocket Companies has paid out, on average, around 67.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Rocket Companies shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Rocket Companies's case, that would currently equate to about $0 per share.
Rocket Companies's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Rocket Companies's most recent dividend payout was on 22 March 2022. The latest dividend was paid out to all shareholders who bought their shares by 7 March 2022 (the "ex-dividend date").
Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and e-Commerce businesses in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, an automotive retail marketplace that provides centralized and virtual car sales support to online car purchasing platforms; and Rocket Loans, an online-based personal loans business. It also offer Core Digital Media, a digital social and display advertiser in the mortgage, insurance, and education sectors; Rocket Solar, which connect homeowners with digital financing solutions through a team of trained solar advisors; Truebill, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a technology services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; and Edison Financial, a digital mortgage broker. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc.
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