Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Rocket Companies Inc (NYSE: RKT) closed at $11.90 up 0.17% from its previous closing price of $11.88. In other words, the price has increased by $0.17 from its previous closing price. On the day, 18.52 million shares were traded. RKT stock price reached its highest trading level at $11.9 during the session, while it also had its lowest trading level at $10.945.
Ratios:
For a deeper understanding of Rocket Companies Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 23648868352 and an Enterprise Value of 22693658624. As of this moment, Rocket’s Price-to-Earnings (P/E) ratio for their current fiscal year is 70.71, and their Forward P/E ratio for the next fiscal year is 15.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 2.47. Its current Enterprise Value per Revenue stands at 4.19 whereas that against EBITDA is 18.152.
Stock Price History:
The Beta on a monthly basis for RKT is 2.27, which has changed by 0.019708633 over the last 52 weeks, in comparison to a change of 0.059571505 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 -8.55%, while the 200-Day Moving Average is calculated to be -16.83%.
Shares Statistics:
For the past three months, RKT has traded an average of 8.70M shares per day and 26050920 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 69.20% stake in the company. Shares short for RKT as of 1743379200 were 25723519 with a Short Ratio of 2.96, compared to 1740700800 on 21434252. Therefore, it implies a Short% of Shares Outstanding of 25723519 and a Short% of Float of 17.599999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
