Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Rocket Companies stock in Canada

Own Rocket Companies shares in just a few minutes.

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.

How to buy stocks in Rocket Companies

  1. Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – RKT – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Rocket Companies stock price (NYSE:RKT)

Use our graph to track the performance of RKT stocks over time.

Rocket Companies shares at a glance

Information last updated 2022-06-20.
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

Compare stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 6 of 6
Name Product Finder Rating Stock Trading Fee Account Fee Available Asset Types Offer
OFFER
CIBC Investor's Edge
Finder Rating:
★★★★★
4 / 5
$4.95–$6.95
$0 if conditions met, otherwise $100 a year
Stocks, Bonds, Options, Mutual Funds, ETFs
Young investors 18 to 24 can get free online trades and a $0 annual account fee. Conditions apply.
Interactive Brokers
Finder Rating:
★★★★★
4.1 / 5
Min. $1.00, Max. 0.5%
$0
Stocks, Bonds, Options, ETFs, Currencies, Futures
Scotia iTRADE
Finder Rating:
★★★★★
3.8 / 5
$4.99–$9.99
$0
Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
FREE TRADES
Wealthsimple Trade
Finder Rating:
★★★★★
3.9 / 5
$0
$0
Stocks, ETFs
Get $25 when you open a Wealthsimple Trade account and fund at least $150.
Questrade
Finder Rating:
★★★★★
4.2 / 5
$4.95 - $9.95
$0
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
Get $50 in free trades when you fund your account with a minimum of $1,000.
OFFER
Qtrade Direct Investing
Finder Rating:
★★★★★
4.1 / 5
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
Get almost $500 in commission free trades when you fund your new account with a minimum of $10,000. Conditions apply. Ends August 31, 2022.
loading

Compare up to 4 providers

Online stock trading

Is it a good time to buy Rocket Companies stock?

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.

Rocket Companies price performance over time

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

Is Rocket Companies under- or over-valued?

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 P/E ratio

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

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.

Rocket Companies financials

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

Rocket Companies share dividends

67%

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 overview

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.

Stocks similar to Rocket Companies

Frequently asked questions


Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site