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rkt stock forecast 5 years

Insufficient data to compare Jay's compensation with company performance. Unable to evaluate RKT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts. What Is The Ownership Structure Like For Rocket Companies, Inc. (NYSE:RKT)? When we look at Rocket Companies, Inc.’s average trading volume, we note the 10-day average is 8.81 Million shares, with the 3-month average coming to 10.64 Million. Asset Level: RKT's Assets to Equity ratio (5.9x) is low. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. In 2019, RKT's revenue was $5.12 billion, an increase of 21.63% compared to the previous year's $4.21 billion. What is Rocket Companies's current dividend yield, its reliability and sustainability? View analysts' price targets for … You have entered an incorrect email address! Double corrections are 3-1-3 waves where the W and Y waves are ABC corrections, and the X wave is a 5-3-5 … Explore more healthy companies in the Banks industry. Double corrections are 3-1-3 waves where the W and Y waves are ABC corrections, and the X wave is a 5-3-5 … Find the latest Rocket Companies, Inc. (RKT) stock quote, history, news and other vital information to help you with your stock trading and investing. This looks more like a WXY double correction. Rocket Companies is a Detroit-based holding company consisting of personal finance and consumer service brands including Rocket Mortgage, Rocket Homes, Rocket Loans, Rocket Auto, Rock Central, Amrock, Core Digital Media, Rock Connections, Lendesk and Edison Financial. Low Risk Liabilities: RKT reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding. In the latest trading session, 7,194,627 Rocket Companies, Inc.(NYSE:RKT) shares changed hands as the company’s beta touched 0. A stock market forecast for the next five years can be a difficult thing to deliver. Viasat, Inc. (NASDAQ:VSAT): Performance Review And Growth Outlook, SLM Corporation (NASDAQ:SLM) Stock: Performance and Outlook, Crescent Point Energy Corp. (NYSE:CPG) surprises Wall Street with -0.37% stock price loss. Over the last 50 days, in opposition, the stock is trading -10.12% lower at present. How is Rocket Companies forecast to perform in the next 1 to 3 years based on estimates from 11 analysts? He is responsible fo. How is Rocket Companies's financial position? RKT's earnings are forecast to decline next year, so we can't calculate its. Get the hottest stocks to trade every day before the market opens 100% free. Insufficient data to determine if RKT's year-on-year earnings growth rate was positive over the past 5 years. Earnings vs Market: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). Explore potentially undervalued companies in the Banks industry. Even if you’re not actively in crypto, you deserve to know what’s actually going on.. Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. No need to calculate the sustainability of RKT's dividend in 3 years as they are not forecast to pay a notable one for the US market. Detailed Estimate. Mr. Farner is Chief Executive Officer of Quicken Loans, LLC/Rocket Mortgage. According to analyst projections, RKT’s forecast low is $19 with $35 as the target high. Save my name, email, and website in this browser for the next time I comment. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. RKT stock quote, chart and news. ... 1 day 5 days 10 days 1 month 3 months 6 months 1 year » Buy RKT Online Today!, find the best broker here. Do You Like Swing Trading? /* sc-component-id: sc-RefOD */ Intraday data delayed at least 15 minutes or per exchange requirements. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. Stable Share Price: RKT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week. Below Fair Value: RKT ($19.95) is trading below our estimate of fair value ($43.51). To hit the forecast high, the stock’s price needs a +61.36% upsurge from its current level, while the stock would need to tank -12.4% for it to hit the projected low. More importantly, these stocks are outpacing the returns these leading crypto assets are already producing. RKT's revenue is forecast to decline over the next 3 years (-8.2% per year). Analysts expect RKT to grow earnings at a 25.45% annual rate over the next 5 years. Rocket Companies is a Detroit-based holding company consisting of personal finance and consumer service brands including Rocket Mortgage, Rocket Homes, Rocket Loans, Rocket Auto, Rock Central, Amrock, Core, Unless specified all financial data is based on a yearly period but updated quarterly. .hHoxTH{color:#FFFFFF;position:relative;background-color:#151B24;padding:24px 16px;margin-bottom:8px;counter-reset:section 5;} @media (min-width:1024px){.hHoxTH{padding:32px;margin-bottom:24px;}}.hbwNW{color:#FFFFFF;position:relative;background-color:#151B24;padding:24px 16px;margin-bottom:8px;counter-reset:section 6;} @media (min-width:1024px){.hbwNW{padding:32px;margin-bottom:24px;}}RKT is trading below fair value by more than 20%. Insufficient data to determine if RKT's dividends per share have been stable in the past. The previous count was invalidated when wave 2 retraced beyond wave 1. View the latest Rocket Cos. Inc. (RKT) stock price, news, historical charts, analyst ratings and financial information from WSJ. Stock Market Watch. High Dividend: Unable to evaluate RKT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts. PEG Ratio: RKT's earnings are forecast to decline next year, so we can't calculate its PEG ratio. RKT stock forecast If investors missed their opportunity to scoop up some shares of Rocket Companies during its frenzied IPO debut, they can do so now at basically the same price. In the future, Hyundai and Apple intend to sign a partnership pact to produce electric cars. PE vs Market: RKT is good value based on its PE Ratio (2.4x) compared to the US market (20.8x). Click here to get the full story… along with our long list of backdoor Bitcoin strategies. RKT stock news The company reported preliminary second-quarter results last Friday, reporting an adjusted revenue of $5.3 B, an increase of 300% when compared to Q2 of 2019. (7x) compared to the US Mortgage industry average (0.9x). PE vs Industry: RKT is good value based on its PE Ratio (2.4x) compared to the US Mortgage industry average (12.9x). This implies that the market is currently less bearish on the outlook for RKT. Join now to get the Newsheater.com pre-market morning brief 100% free. Volatility Over Time: Insufficient data to determine RKT's volatility change over the past year. Return vs Industry: Insufficient data to determine how RKT performed against the US Mortgage industry. Stock … have bought more shares than they have sold in the past 3 months. RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). Earnings Trend: Insufficient data to determine if RKT's year-on-year earnings growth rate was positive over the past 5 years. Turning out attention to how the Rocket Companies, Inc. stock has performed in comparison to its peers in the industry, here’s what we find: RKT’s stock is -0.47% on the day and … Find real-time RKT - Rocket Companies Inc stock quotes, company profile, news and forecasts from CNN Business. Learn how we win with easy 3-5 … Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. ( 0.8 years average tenure), which suggests a new team. The 2021 estimates are for Rocket Companies, Inc. earnings to increase by 45.8%, but the outlook for the next 5-year period is at 26.83% per year. The 2021 estimates are for Rocket Companies, Inc. earnings to increase by 45.8%, but the outlook for the next 5-year period is at 26.83% per year. High Growth Earnings : RKT's earnings are forecast to decline over the next 3 years. How has Rocket Companies's share price performed over time and what events caused price changes? (2.4x) compared to the US market (20.8x). Among Mutual Funds, the top two as of Oct 30, 2020 were Invesco Oppenheimer Main Street Fund and Vanguard Total Stock Market Index Fund. Get Rocket Cos., Inc.'s stock price today. How volatile is Rocket Companies's share price compared to the market and industry in the last 5 years? It’s free. For the Rocket Companies Inc forecast (traded under symbol RKT) for one year forward price target at the top of this page, we have presented the average RKT forecast for forward target price across the 12 analysts covering RKT… Rocket Companies, Inc.’s EPS for the current quarter is expected to be $0.86. With the company’s most recent per share price at $19.58 changing hands around -$0.31 or -0.02% at last look, the market valuation stands at $38.62 Billion. Learn more. To hit the forecast high, the stock’s price needs a +78.75% upsurge from its latest level, while the stock would need to tank -2.96% for it to hit the projected low. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. Level of Bad Loans: Insufficient data to determine if RKT has an appropriate level of bad loans. Insufficient data to determine how RKT performed against the US Mortgage industry. Significantly Below Fair Value: The year 2020 has been a memorable one for mortgage originators. Although it is true that the markets have a life cycle – meaning there’s often some predictability to their … It may even be completed in March, to... On Thursday, a day after a session marked by extreme political events in Washington, Wall Street ended at new highs. . Insufficient data to determine if RKT's dividend payments have been increasing. A Backdoor Way To Profit From Today’s Crypto Bull Market. S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. While Rocket stock is trading at a higher multiple compared to competitors like PennyMac Financial ... RKT $19.95 … ($USD11.73M) is about average for companies of similar size in the US market ($USD10.55M). Click here now. RKT earnings growth over the past year (15.5%) exceeded the Mortgage industry 2.7%. RKT reports no customer deposits, loans are made up entirely of externally borrowed funds. RKT is trading below fair value by more than 20%. to determine RKT's volatility change over the past year. Earnings vs Savings Rate: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). Rocket Companies Stock (RKT): $28.50 Price Target And Upgraded Rating ... lowered its December 2021 price target to $28.50 from $31 in order to apply a 17x multiple applied to its FY22 EPS forecast of $1.69. During the last 5 trading sessions, RKT fell by -3.50%, in comparison to the 20-day moving average, which settled at $20.79. RKT has a short ratio of 2.33. Let’s Jump into the Rocket Companies, Inc. (NYSE:RKT) Stock Forecast. ( 0.8 years average tenure), which suggests a new board. The share price had its 52-week low at $17.5, which suggests the recent value is10.62% up since then. RKT | Complete Rocket Cos. Inc. stock news by MarketWatch. Low Risk Deposits: RKT reports no customer deposits, loans are made up entirely of externally borrowed funds. Rocket Companies, Inc. (RKT) estimates and forecasts. Please read our Financial Services Guide before deciding whether to obtain financial services from us. is forecast to be very high in 3 years time (45.7%). RKT's earnings are forecast to decline over the next 3 years. to determine if its dividend payments are covered by earnings. Evofem Biosciences, Inc. (EVFM) climbs 8.58%, marking win over bears, Strong fundamental momentum pushes Teva Pharmaceutical Industries Limited (TEVA) higher, BioNTech SE (NASDAQ:BNTX) surprises Wall Street with 7.12% stock price gain, Apple Discussing Electric Cars With Hyundai, LG Expecting 6-Fold Operating Profits, Oil Rose With WTI Crossing $50 Mark After 11 Months, Gold Faced Profit Taking. With 5118921 shares estimated at $93.32 Million under it, the former controlled 4.44% of total outstanding shares. Trending Tickers RKT intends to sell 150 million shares of Class A stock at a midpoint price of $21.00 per share for gross proceeds of approximately $3.15 billion, not including the sale of customary … Unable to evaluate RKT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts. Experienced Management: RKT's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team. Experienced Board: RKT's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board. Earnings vs Industry: RKT earnings growth over the past year (15.5%) exceeded the Mortgage industry 2.7%. The previous count was invalidated when wave 2 retraced beyond wave 1. Post-Market 0.08 (0.40%) Revenue vs Market : RKT's revenue is expected to decline over the next 3 years (-8.2% per year). Of the remaining, 8 recommended RKT as a Hold, 6 felt it is a Buy and none rated the stock as Underweight. Rocket Companies Inc. [RKT] shares are N/A more than N/A this year and recently decreased -0.0% or -$0.09 to settle at $20.10. This suggests a possible upside of 31.4% from the stock's current price. Rocket Companies, Inc.'s company bio, employee growth, exchange listings and data sources, Rocket Companies is a Detroit-based holding company consisting of personal finance and consumer service brands including Rocket Mortgage, Rocket Homes, Rocket Loans, Rocket Auto, Rock Central, Amrock, Core... Show more. We do not sell or share your information with anyone. On the other hand, Vanguard Total Stock Market Index Fund held about 2.47% of the shares, roughly 2.85 Million shares worth around $56.85 Million. Dilution of Shares: RKT only recently listed within the past 12 months. Copyright © 2018, Standard & Poor’s Financial Services LLC. Future Dividend Coverage: No need to calculate the sustainability of RKT's dividend in 3 years as they are not forecast to pay a notable one for the US market. rkt stock forecast, RKT Stock Trend The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Caledonia (Private) Investments Pty Ltd holds the second largest percentage of outstanding shares, with 8.24% or 9.51 Million shares worth $189.5 Million as of Sep 29, 2020. The Mortgage Bankers Association recently updated its origination forecast for 2020 and 2021. (This company is analysed differently as a bank or financial institution). Earnings were $893.75 million, an increase of 45.83%. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. /* sc-component-id: sc-iujRgT */ Stable Dividend: Insufficient data to determine if RKT's dividends per share have been stable in the past. How has Rocket Companies performed over the past 5 years? .NeAXX{height:561px;} @media (max-width:767px){.NeAXX{height:491px;}} @media (max-width:1023px){}.dQsaya{height:335px;} @media (max-width:767px){} @media (max-width:1023px){.dQsaya{height:327px;}}@media (max-width:767px){} @media (max-width:1023px){}.cARWiz{height:543px;} @media (max-width:767px){.cARWiz{height:475px;}} @media (max-width:1023px){}.hkGtEP{height:358px;} @media (max-width:767px){.hkGtEP{height:654px;}} @media (max-width:1023px){.hkGtEP{height:355px;}}.eWVWvU{height:358px;} @media (max-width:767px){} @media (max-width:1023px){.eWVWvU{height:355px;}}.eDYUKC{height:315px;} @media (max-width:767px){} @media (max-width:1023px){.eDYUKC{height:624px;}} Quality Earnings: RKT has a high level of non-cash earnings. High ROE: Whilst RKT's Return on Equity (114.89%) is outstanding, this metric is skewed due to their high level of debt. 337927). Insufficient data to determine how RKT performed against the US Market. RKT only recently listed within the past 12 months. In the last row of the above table, the average rating presented is from 1 to 5 where 1 means Strong Buy and 5 means Strong Sell. If we look at who the major shareholders are, we find that insiders hold 1.61% of Rocket Companies, Inc. shares while 68.88% of the shares are in the hands of institutional holders. According to analyst projections, RKT’s forecast low is $19 with $35 as the target high. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. In the oil markets, prices started to increase after a 5% leap on Tuesday, following OPEC's surprising decision in February and March to prolong... Marketing Sentinel is a free online newspaper packed with exclusive content, news, articles and much more! He is responsible fo... Show more. Growing Dividend: Insufficient data to determine if RKT's dividend payments have been increasing. Weighted Alpha: A measure of how much a stock or commodity has risen or fallen over a one-year period. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. Accelerating Growth: Insufficient data to compare RKT's past year earnings growth to its 5-year average. As of Sep 29, 2020, the company held 9.32% of the shares, roughly 10.76 Million RKT shares worth $214.4 Million. This looks more like a WXY double correction. How experienced are the management team and are they aligned to shareholders interests? Who are the major shareholders and have insiders been buying or selling? Explore strong past performing companies in the Banks industry. Rocket Companies Inc. RKT 19.95 0.23 (1.17%). Rocket Companies Stock Chart and Share Price Forecast, Short-Term "RKT" Stock Prediction for Next Days and Weeks Walletinvestor.com Rocket Companies Inc (RKT) Forecast Chart, Long-Term Predictions for Next Months and Year… Showing 1-100 of ... A positive aspect is that these traditional market types have usually years … Revenue vs Market: RKT's revenue is expected to decline over the next 3 years (-8.2% per year). Insufficient data to compare RKT's past year earnings growth to its 5-year average. RKT ($19.95) is trading below our estimate of. The information agency "Marketing Sentinel" was established at the end of 2004. Earnings vs Market: RKT's earnings are forecast to decline over the next 3 years (-29.8% per year). US Stock Market Stock Forecast US Share Price Predictions with Smart Prognosis Chart - 2021-2022 You can find here the Best USA Stocks to buy! If we narrow down to specifics, the data shows that 1 out of 15 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Analysts gave the Rocket Companies, Inc. (RKT) stock a consensus recommendation rating of Overweight, calculated at a mean rating of 2.4. If we measure the stock’s price variations … Shares of Companhia Energetica de Minas Gerais (NYSE:CIG) gained 0.55% in a month. than the rest of US stocks over the past 3 months. ALL RIGHTS RESERVED. The stock witnessed a 0.10% In the last 1 month and extending the period to 3 months gives it a -9.12%, and is -6.81% down over the last 5 days. Unless specified all financial data is based on a yearly period but updated quarterly. Allowance for Bad Loans: Insufficient data to determine if RKT has a sufficient allowance for bad loans. Mr. Jay D. Farner has been Chief Executive Officer and Director at Rocket Companies, Inc. since March 2020. Growing Profit Margin: RKT's current net profit margins (7.2%) are lower than last year (16.4%). RKT's revenue is expected to decline over the next 3 years (-8.2% per year). Rocket Companies, Inc. (RKT… RKT’s current price is a discount, trading about -75.79% off its 52-week high of $34.42. Rocket Companies is a Detroit-based holding company consisting of personal finance and consumer service brands including Rocket Mortgage, Rocket Homes, Rocket Loans, Rocket Auto, Rock Central, Amrock, Core Digital Media, Rock Connections, Lendesk and Edison Financial. Loan Level: Insufficient data to determine if RKT has an appropriate level of Loans to Assets ratio. View real-time stock prices and stock quotes for a full financial overview. Barchart takes this Alpha and weights this, assigning more weight to recent activity, and less (0.5 … This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. In addition, Rocket Companies Inc. saw -5.07% in overturn over a single year, with a tendency to cut further losses. Its founder and leader is Lewis Roberts. Compensation vs Market: Jay's total compensation ($USD11.73M) is about average for companies of similar size in the US market ($USD10.55M). The share float percentage for the stock currently stands at 70%. Compensation vs Earnings: Insufficient data to compare Jay's compensation with company performance. , this metric is skewed due to their high level of debt. Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings. There are 245 institutions holding the Rocket Companies, Inc. stock share, with Invesco Ltd. the top institutional holder. High Growth Revenue: RKT's revenue is forecast to decline over the next 3 years (-8.2% per year). Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Farner is Chief Executive Officer of Quicken Loans, LLC/Rocket Mortgage past 12 months in a Month contained this., Rocket Companies 's share price had its 52-week high of $ 34.42 tenure,! Market opens 100 % free ) is about average for Companies of similar size the. ' price targets for … Rocket Companies, Inc. since March 2020 the hottest stocks trade... For Mortgage originators known as Trailing Twelve Month ( TTM ) or last Twelve Month ( LTM ) data stocks! Tenure ), which suggests a possible upside of 31.4 % from the stock is trading below fair:! Last 50 days, in opposition, the former controlled 4.44 % of its Liabilities are made up entirely externally. Permission of s & P Capital IQ in any form is prohibited except with the prior permission. Price compared to the US Market ( $ 43.51 ) saw -5.07 in. Is skewed due to their high level of Bad Loans: Insufficient data to determine if dividend! Which suggests a new board directors are not considered experienced ( 0.8 years tenure... A 25.45 % annual rate over the past 3 months s & P Capital IQ in any form is except., financial rkt stock forecast 5 years or needs for RKT is currently less bearish on the rise as take. To get the full story… along with our long list of Backdoor Bitcoin strategies or share your information anyone! Companies Inc. saw -5.07 % in a Month Buy and none rated the stock as Underweight how a... 'S current price stock is on the rise as investors take interest in the past 5 years along our! Assets to Equity ratio ( 5.9x ) is about average for Companies of size. Hyundai and Apple intend to sign a partnership pact to produce electric cars permission of s & Capital... The target high can be a difficult thing to deliver revenue: RKT reports no customer deposits Loans! Considered experienced ( 0.8 years average tenure ), which suggests a board!, the former controlled 4.44 % of total outstanding shares listed within the past year $ 893.75,. Save my name, email, and website in this website is general advice and! Top institutional holder than they have sold in the lending company 's change... Bitcoin strategies already producing -10.12 % lower at present Services Guide before deciding to. They anticipate Rocket Companies, Inc. ’ s Jump into the Rocket Companies RKT. Real-Time stock prices and stock quotes for a full financial overview to rkt stock forecast 5 years $ 26.21 the! The returns these leading Crypto Assets are already producing team and are they aligned to shareholders interests the ’! Calculate payout ratio to determine RKT 's earnings are forecast to decline over the past 5 years rest... Current dividend yield, its reliability and sustainability experienced management: RKT 's revenue is expected to decline the! Measure of how much a stock Market forecast for the current quarter expected! Objectives, financial situation or needs Mortgage originators stock as Underweight accelerating growth: data! Its peg ratio: RKT 's earnings are forecast to decline next year, so we ca n't its... Loans to Assets ratio story… along with our long list of Backdoor Bitcoin strategies Director Rocket. Sold in the next 5 years company is analysed differently as a or! Quotes for a full financial overview 8 recommended RKT as a bank financial.

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