For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Rocket Companies Inc’s stock clocked out at $12.83, down -2.51% from its previous closing price of $13.16. In other words, the price has decreased by -$2.51 from its previous closing price. On the day, 9.34 million shares were traded. RKT stock price reached its highest trading level at $13.19 during the session, while it also had its lowest trading level at $12.715.
Ratios:
To gain a deeper understanding of RKT’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 25497059328 and an Enterprise Value of 22830655488. As of this moment, Rocket’s Price-to-Earnings (P/E) ratio for their current fiscal year is 76.23, and their Forward P/E ratio for the next fiscal year is 16.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.50 while its Price-to-Book (P/B) ratio in mrq is 2.67. Its current Enterprise Value per Revenue stands at 4.215 whereas that against EBITDA is 18.262.
Stock Price History:
The Beta on a monthly basis for RKT is 2.31, which has changed by 0.033843637 over the last 52 weeks, in comparison to a change of 0.07995045 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 -2.05%, while the 200-Day Moving Average is calculated to be -10.21%.
Shares Statistics:
It appears that RKT traded 9.70M shares on average per day over the past three months and 10255210 shares per day over the past ten days. A total of 146.03M shares are outstanding, with a floating share count of 137.29M. Insiders hold about 8.56% of the company’s shares, while institutions hold 69.63% stake in the company. Shares short for RKT as of 1744675200 were 43652400 with a Short Ratio of 4.50, compared to 1741910400 on 30599415. Therefore, it implies a Short% of Shares Outstanding of 43652400 and a Short% of Float of 29.860002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
