Rocket Companies Inc (NYSE:RKT) has a beta value of 2.29 and has seen 2.1 million shares traded in the recent trading session. The company, currently valued at $28.27B, closed the recent trade at $13.44 per share which meant it gained $0.13 on the day or 0.98% during that session. The RKT stock price is -50.52% off its 52-week high price of $20.23 and 29.17% above the 52-week low of $9.52. If we look at the company’s 10-day average daily trading volume, we find that it stood at 16.79 million shares traded. The 3-month trading volume is 12.98 million shares.
The consensus among analysts is that Rocket Companies Inc (RKT) is Hold stock at the moment, with a recommendation rating of 2.75. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 10 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Rocket Companies Inc (NYSE:RKT) trade information
Sporting 0.98% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the RKT stock price touched $13.44 or saw a rise of 4.75%. Year-to-date, Rocket Companies Inc shares have moved -0.89%, while the 5-day performance has seen it change -3.66%. Over the past 30 days, the shares of Rocket Companies Inc (NYSE:RKT) have changed -2.33%. Short interest in the company has seen 65.47 million shares shorted with days to cover at 5.06.
Wall Street analysts have a consensus price target for the stock at $16, which means that the shares’ value could jump 16.0% from the levels at last check today.. The projected low price target is $16.0 while the price target rests at a high of $16.0. In that case, then, we find that the latest price level in today’s session is -19.05% off the targeted high while a plunge would see the stock gain -19.05% from the levels at last check today..
Rocket Companies Inc (RKT) estimates and forecasts
The company’s shares have gained 36.30% over the past 6 months.
Earnings growth for 2025 is a modest 24.60% while over the next 5 years, the company’s earnings are expected to increase by 62.87%.
RKT Dividends
Rocket Companies Inc is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Rocket Companies Inc (NYSE:RKT)’s Major holders
Insiders own 1.89% of the company shares, while shares held by institutions stand at 98.02% with a share float percentage of 99.91%. Investors are also buoyed by the number of investors in a company, with Rocket Companies Inc having a total of 401.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 12.1 million shares worth more than $165.73 million. As of 2024-06-30, VANGUARD GROUP INC held 8.6623% of shares outstanding.
The other major institutional holder is FMR LLC, with the holding of over 11.16 million shares as of 2024-06-30. The firm’s total holdings are worth over $152.91 million and represent 7.9925% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are John Hancock Funds III-John Hancock Disciplined Value Mid Cap Fund and JPMorgan Trust II-JPMorgan Mid Cap Growth Fund . As of Apr 30, 2025 , the former fund manager holds about 7.04% shares in the company for having 10.66 shares of worth $143.73 million while later fund manager owns 6.31 shares of worth $85.0 million as of Mar 31, 2025 , which makes it owner of about 4.16% of company’s outstanding stock.
