In the last trading session, 8.9 million Rocket Companies Inc (NYSE:RKT) shares changed hands as the company’s beta touched 2.27. With the company’s per share price at $13.17 changed hands at $0.22 or 1.70% during last session, the market valuation stood at $26.34B. RKT’s last price was a discount, traded about -53.61% off its 52-week high of $20.23. The share price had its 52-week low at $9.52, which suggests the last value was 27.71% up since then.
Analysts gave the Rocket Companies Inc (RKT) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.75. If we narrow down to specifics, the data shows that 2 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended RKT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Rocket Companies Inc (NYSE:RKT) trade information
Instantly RKT was in green as seen at the end of in last trading. With action 4.44%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 23.60%, with the 5-day performance at 4.44% in the green. However, in the 30-day time frame, Rocket Companies Inc (NYSE:RKT) is 14.03% up.
The consensus price target for the stock as assigned by Wall Street analysts is 16, meaning bulls need an upside of 17.69% from its current market value. According to analyst projections, RKT’s forecast low is 16 with 16 as the target high. To hit the forecast high, the stock’s price needs a -21.49% plunge from its current level, while the stock would need to soar -21.49% for it to hit the projected low.
The 2025 estimates are for Rocket Companies Inc earnings to increase by 44.00%, but the outlook for the next 5-year period is at 64.17% per year.
RKT Dividends
Rocket Companies Inc is expected to release its next quarterly earnings report in June.
FMR LLC holds the second largest percentage of outstanding shares, with 7.9925% or 11.16 million shares worth $152.91 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were John Hancock Funds III-John Hancock Disciplined Value Mid Cap Fund and College Retirement Equities Fund-Growth Account . With 8.91 shares estimated at $117.29 million under it, the former controlled 5.89% of total outstanding shares. On the other hand, College Retirement Equities Fund-Growth Account held about 3.29% of the shares, roughly 4.98 shares worth around $65.54 million.
