In the last trading session, 9.59 million Rocket Companies Inc (NYSE:RKT) shares changed hands as the company’s beta touched 2.28. With the company’s per share price at $13.09 changed hands at $0.34 or 2.67% during last session, the market valuation stood at $26.18B. RKT’s last price was a discount, traded about -54.55% 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 27.27% 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’s EPS for the current quarter is expected to be 0.04.
Rocket Companies Inc (NYSE:RKT) trade information
Instantly RKT was in green as seen at the end of in last trading. With action 3.15%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 22.85%, with the 5-day performance at 3.15% in the green. However, in the 30-day time frame, Rocket Companies Inc (NYSE:RKT) is 17.82% up.
The consensus price target for the stock as assigned by Wall Street analysts is 16, meaning bulls need an upside of 18.19% 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 -22.23% plunge from its current level, while the stock would need to soar -22.23% for it to hit the projected low.
Rocket Companies Inc (RKT) estimates and forecasts
Year-over-year growth is forecast to reach 10.81% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 1.28B. 3 analysts are of the opinion that Rocket Companies Inc’s revenue for the current quarter will be 1.48B. The company’s revenue for the corresponding quarters a year ago was 1.23B and 1.32B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 4.42%. The estimates for the next quarter sales put growth at 12.17%. The 2025 estimates are for Rocket Companies Inc earnings to increase by 43.43%, but the outlook for the next 5-year period is at 63.72% per year.
Rocket Companies Inc (NYSE:RKT)’s Major holders
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 JPMorgan Trust II-JPMorgan Mid Cap Growth Fund. With 8.91 shares estimated at $116.58 million under it, the former controlled 5.88% of total outstanding shares. On the other hand, JPMorgan Trust II-JPMorgan Mid Cap Growth Fund held about 4.17% of the shares, roughly 6.31 shares worth around $82.56 million.
