In the last trading session, 19.65 million shares of the Rocket Companies Inc (NYSE:RKT) were traded, and its beta was 2.29. Most recently the company’s share price was $13.51, and it changed around -$0.73 or -5.13% from the last close, which brings the market valuation of the company to $28.42B. RKT currently trades at a discount to its 52-week high of $20.23, offering almost -49.74% off that amount. The share price’s 52-week low was $9.52, which indicates that the current value has risen by an impressive 29.53% since then. We note from Rocket Companies Inc’s average daily trading volume that its 10-day average is 15.82 million shares, with the 3-month average coming to 13.62 million.
Rocket Companies Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.75. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 11 recommended RKT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Rocket Companies Inc (NYSE:RKT) trade information
Instantly RKT has showed a red trend with a performance of -5.13% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 15.18 on recent trading dayincreased the stock’s daily price by 11.0%. The company’s shares are currently up 7.18% year-to-date, but still down -4.99% over the last five days. On the other hand, Rocket Companies Inc (NYSE:RKT) is 8.34% up in the 30-day period. We can see from the shorts that 65.47 million shares have been sold at a short interest cover period of 5.06 day(s).
The consensus price target as assigned by Wall Street analysts is $16, which translates to bulls needing to increase their stock price by 15.56% from its current value. Analyst projections state that RKT is forecast to be at a low of $16 and a high of $16.
Rocket Companies Inc earnings are expected to increase by 29.30% in 2025, but the outlook is positive 62.74% per year for the next five years.
RKT Dividends
Rocket Companies Inc’s next quarterly earnings report is expected to be released on 2025-May-08.
Rocket Companies Inc (NYSE:RKT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.89% of Rocket Companies Inc shares, and 98.02% of them are in the hands of institutional investors. The stock currently has a share float of 99.91%. Rocket Companies Inc stock is held by 401.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.6623% of the shares, which is about 12.1 million shares worth $165.73 million.
FMR LLC, with 7.9925% or 11.16 million shares worth $152.91 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
John Hancock Funds III-John Hancock Disciplined Value Mid Cap Fund and JPMorgan Trust II-JPMorgan Mid Cap Growth Fund were the top two Mutual Funds as of Apr 30, 2025 . The former held 10.66 shares worth $144.07 million, making up 7.04% of all outstanding shares. On the other hand, JPMorgan Trust II-JPMorgan Mid Cap Growth Fund held roughly 6.31 shares worth around $85.2 million, which represents about 4.16% of the total shares outstanding.
