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Rocket Companies, Inc.

RKTNYSE
Financial Services
Financial - Mortgages
$14.57
$0.09(0.62%)

Rocket Companies, Inc. (RKT) Stock Overview

Explore Rocket Companies, Inc.’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

B

Score: 69.1/100

Key Financials

Market Cap29.2B
P/E Ratio786.81
EPS (TTM)$0.02
ROE0.00%
Fundamental Analysis

AI Price Forecasts

1 Week$12.79
1 Month$11.81
3 Months$15.35
1 Year Target$18.47

RKT Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of Rocket Companies, Inc. (RKT) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

Our forecasting models predict significant price movements, with a 12-month target of $18.47.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 786.81 and a market capitalization of 29.2B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Revenue Growth
41.12%
41.12%
Profit Growth
$0.02
289.31%
EPS Growth
$0.02
109.05%
Operating Margin
2.89%
1247.49%
ROE
0.43%
289.31%
Dividend Yield
0.00%

Analyst Recommendations

Strong Buy
0
Buy
1
Hold
1
Sell
2
Strong Sell
0

Price Targets

Low$16.00
Average$17.50
High$20.00

Company Profile

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. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings, Inc.

CEO

Varun Krishna

Employees

14,200

Headquarters

1050 Woodward Avenue, Detroit, MI

Founded

2020

Frequently Asked Questions

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