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The closing price of Rocket Companies Inc (NYSE: RKT) was $13.19 for the day, down -10.03% from the previous closing price of $14.66. In other words, the price has decreased by -$10.03 from its previous closing price. On the day, 19.19 million shares were traded. RKT stock price reached its highest trading level at $15.26 during the session, while it also had its lowest trading level at $12.9.
Ratios:
Our analysis of RKT’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 19.89 whereas as Long-Term Debt/Eq ratio is at 15.19.
On April 02, 2025, Keefe Bruyette Upgraded its rating to Mkt Perform which previously was Underperform but kept the price unchanged to $14.
Deutsche Bank Upgraded its Hold to Buy on April 02, 2025, while the target price for the stock was maintained at $16.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 28 ’24 when Rizik Matthew bought 318 shares for $13.79 per share. The transaction valued at 4,385 led to the insider holds 707,528 shares of the business.
Rizik Matthew bought 316 shares of RKT for $4,361 on Jun 27 ’24. The Director now owns 707,210 shares after completing the transaction at $13.80 per share. On Jun 24 ’24, another insider, Rizik Matthew, who serves as the Director of the company, bought 310 shares for $14.01 each. As a result, the insider paid 4,343 and bolstered with 706,418 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RKT now has a Market Capitalization of 26212485120 and an Enterprise Value of 23209232384. As of this moment, Rocket’s Price-to-Earnings (P/E) ratio for their current fiscal year is 78.37, and their Forward P/E ratio for the next fiscal year is 16.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.65 while its Price-to-Book (P/B) ratio in mrq is 2.74. Its current Enterprise Value per Revenue stands at 4.285 whereas that against EBITDA is 18.564.
Stock Price History:
The Beta on a monthly basis for RKT is 1.98, which has changed by 0.072357774 over the last 52 weeks, in comparison to a change of -0.034466684 over the same period for the S&P500. Over the past 52 weeks, RKT has reached a high of $20.23, while it has fallen to a 52-week low of $9.52. The 50-Day Moving Average of the stock is 1.41%, while the 200-Day Moving Average is calculated to be -7.91%.
Shares Statistics:
RKT traded an average of 7.92M shares per day over the past three months and 21440810 shares per day over the past ten days. A total of 146.03M shares are outstanding, with a floating share count of 136.63M. Insiders hold about 9.00% of the company’s shares, while institutions hold 69.19% stake in the company. Shares short for RKT as of 1741910400 were 30599415 with a Short Ratio of 3.86, compared to 1739491200 on 20967881. Therefore, it implies a Short% of Shares Outstanding of 30599415 and a Short% of Float of 20.93.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
