The average price target is $0.00 with a high estimate of $0.00 and a low estimate of $0.00. While Rocket should be able to deliver high growth, the kind of numbers we just saw owe more to the boom in the mortgage industry than any particular attribute of the company. Citigroup Inc. has the highest price target set, predicting RKT will reach $35.00 in the next twelve months. Rocket Companies has 22,000 team members across the United States. The stock has a consensus analyst rating of "Hold." Let’s start up with the current stock price of Rocket Companies Inc. (RKT), which is $21.94 to be very precise. exchange delays and terms of use please see disclaimer. Since 1985, Rocket Companies has been obsessed with helping its clients achieve the American dream of home ownership and financial freedom. The current projected Rocket Companies target price consensus is 70.5 with 10 analyst opinions. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Rocket Companies Inc Class A share forecasts, stock quote and buy / sell signals below.According to present data Rocket Companies Inc Class A's RKT … Stock Advisor launched in February of 2002. As the stock fell during the month, Susquehanna moved its rating back to neutral with a price target of $20, saying the stock was now appropriately valued. 15 brokerages have issued twelve-month price targets for Rocket Companies' stock. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. During the last day, the stock moved $0.41 between high and low, or 2.08%.For the last week, the stock has had a daily average volatility of 2.23%.. Our recommended stop-loss: We hold a sell evaluation for this stock… Rocket Cos. Inc. analyst estimates, including RKT earnings per share estimates and analyst recommendations. Rocket Companies, the country's biggest mortgage originator and parent of Rocket Mortgage and Quicken Loans, posted blowout numbers in the second-quarter earnings report with adjusted revenue jumping 152% to $5.31 billion, easily beating estimates at $3.75 billion. company data provided by Morningstar and Zacks Investment Research. This price target is based on 15 analysts offering 12 month price targets for Rocket Companies in the last 3 months. The following sell-side analysts have issued stock ratings on Rocket Companies in the last year: 140166, Bank of America Co., Barclays PLC, Citigroup Inc., Credit Suisse Group AG, Jefferies Financial Group Inc., JPMorgan Chase & Co., Keefe, Bruyette & Woods, Morgan Stanley, Royal Bank of Canada, The Goldman Sachs Group, Inc., UBS Group AG, ValuEngine, Wedbush, Wells Fargo & Company, Wolfe Research, and Zacks Investment Research. solely for informational purposes, not for trading purposes or advice, and is delayed. Seeking Alpha Catalyst Watch. $28.38. All rights reserved. Last month, Rocket Companies said it had planned to raise as much as $3.8 billion by selling 150 million shares at a target offering price range of between $20 and $22. Dow Jones, a News Corp company News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services RKT has a higher average analyst price target than 20.09% of stocks in the large … Reply. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). 12/19 20:03. Find the latest Rocket Companies, Inc. (RKT) stock quote, history, news and other vital information to help you with your stock trading and investing. Market data powered by FactSet and Web Financial Group. Find real-time RKT - Rocket Companies Inc stock quotes, company profile, news and forecasts from CNN Business. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RKT stock is a recommendation set at 2.60. more. Shares of Rocket Companies (NYSE:RKT) were slumping last month after the recent IPO turned in an earnings report, its first as a publicly traded company, that didn't quite live up to investor expectations. Is RKT A Good Stock To Buy Now? The consensus price target for the stock as assigned by Wall Street analysts is $24.64, meaning bulls need an upside of 13.6% from its current market value. Wells Fargo analyst Donald Fandetti reduced the price target … (MT Newswires... --Analyst Actions: Barclays Adjusts Price … ... Target Price: Price: 19.95 Price Target: Upgrade: Price Target … RKT | Complete Rocket Cos. Inc. stock news by MarketWatch. The institutions have been accumulating big time. RKT Stock Risk This stock has average movements during a day and with good trading volume, the risk is considered to be medium. Rocket Companies' physical mailing address is 1050 WOODWARD AVENUE, DETROIT MI, 48226. © American Consumer News, LLC dba Analyst Ratings Network ® 2010-2021. A "hold" rating indicates that analysts believe investors should keep any existing positions they have in RKT, but not buy more shares or sell existing shares. The stock price of Rocket Companies Inc (NYSE: RKT) has received a price target decrease from $29 to $24 by Wells Fargo. There are currently 1 sell rating, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Hold." Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The company's listed phone number is 800-226-6308 and its investor relations email address is ir@rocketcompanies.com. The current analyst and expert consensus on Rocket Companies is Buy with 4 hold recommendations. Keefe, Bruyette & Woods has the lowest price target set, forecasting a price of $19.00 for Rocket Companies in the next year. These are the details. On average, they anticipate … Sign-up to receive the latest news and ratings for RKT and its competitors with Analyst ARN keeps track of all major brokerages’ stock ratings and recommendations, including Goldman New player Eat Beyond is poised to become a household name in the fast-growing plant-based food category! We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. RKT has a greater upside potential (average analyst target price relative to current price) than 80.88% of Banking stocks. As you can see from the chart below, the stock plunged early in the month on the earnings report and continued to slide as investors are still debating its valuation. Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. The Newest Rising Star in the Alternative Meat Arena! Its flagship company, Rocket Mortgage, has been named to Fortune magazine's list of "100 Best Companies to Work For" for 17 consecutive 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 Digital Media, Rock Connections, Lendesk and Edison Financial. Fool since 2011. Rocket Companies offers an industry-leading client experience powered by our simple, fast, and trusted digital solutions. $ 0.00 Based on analysts offering 12 month price targets for RKT in the last 3 months. View real-time stock prices and stock quotes for a full financial overview. RKT still only has a tiny share in U.S. mortgage originations, and the auto/personal … RKT updated stock price target summary. Get New Rocket Companies Analyst Ratings Delivered To Your Inbox. i. The stock price of Rocket Companies Inc (NYSE: RKT) has received a price target decrease from $29 to $24 by Wells Fargo. Investors should expect the growth rate to gradually moderate and profits to come back down to earth. That translated into earnings per share of $1.43, based on shares outstanding following its IPO. The Stock rose vividly during the last session to $22.64 after opening rate of $21.48 while the lowest price … Get today's Rocket Companies Inc stock price and latest RKT news as well as Rocket real-time stock quotes, technical analysis, full financials and more. for more information, please visit our Corporate Website, Investor Relations Website, Twitter page, and our LinkedIn page. Ratings Network’s free daily newsletter. The company benefited from a wave of new mortgage applications as mortgage rates plunged to historic lows and loan-origination volume rose 126% to 72,324. This price target is based on 13 analysts offering 12 month price targets for Rocket Companies in the last 3 months. Despite the strong results, the stock fell 15% as investors seemed disappointed with the guidance, which called for closed loan volume to jump 105% to 112%, or $82 billion to $85 billion, but that represented a sequential slowdown from the 126% growth rate in the second quarter. I write about consumer goods, the big picture, and whatever else piques my interest. … Based on Fintel: Out of the 115,372,565 shares outstanding 89.73% are institutional owned shares (103,518,619) fintel.io Overview: The chart is in reversal head and shoulder pattern, all indicators are warmed up, the share price … RKT - Rocket Companies Inc Stock quote - CNNMoney.com Markets The official website for Rocket Companies is www.rocketcompanies.com. View today's stock price, news and analysis for Rocket Cos. Inc. (RKT). Returns as of 01/12/2021. That’s certainly possible for Rocket Companies. ... target 60 2 months gg. CNN Business - 1 month ago Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market. What price target have analysts set for RKT? Their forecasts range from $19.00 to $35.00. The demand for plant-based foods is skyrocketing while meat consumption has been on decline. The Company offers Rocket Mortgage app, which clients use to apply for a mortgage, interact with its team … The following week Rocket stock got its first analyst downgrade as Susquehanna lowered its rating from neutral and negative, saying that investors were overly optimistic about the valuation and prospects. Bottom-line numbers were even more impressive as adjusted earnings before interest, taxation, depreciation, and amortization (EBITDA) rose by nearly 10 times to $3.86 billion, and adjusted net income was up almost 11 times to $2.89 billion. In depth view into Rocket Price Target including historical data from 2020, charts, stats and industry comps. Information is provided ‘as-is’ and Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more. Other companies that are similar to Rocket Companies include PennyMac Financial Services, Gores Holdings IV, Ocwen Financial, Farmhouse, Mopals.com and PSM HOLDINGS IN/SH. Their average twelve-month price target is $26.21, suggesting a possible upside of 32.1%. Close price at the end of the last trading day (Friday, 8th Jan 2021) of the RKT stock was … Yahoo. PreMarket Prep Stock Of The Day: Rocket Companies. According to analyst projections, RKT’s forecast low is $19 with $35 as the target … Rocket Companies Inc () Stock Market info Recommendations: Buy or sell Rocket Companies Inc Class A stock? The average price target is $28.38, … 14 Wall Street analysts have set twelve-month price targets for Rocket Companies in the last year. Find the latest Rocket Companies, Inc. (RKT) stock quote, history, news and other vital information to help you with your stock trading and investing. changes. 326 E 8th St #105, Sioux Falls, SD 57103. Analyst Ratings Network (ARN) provides comprehensive coverage of stock ratings, including equities research analysts’ upgrades, downgrades, new coverage and price target 12/18 15:30. Fundamental According to data from S&P Global Market Intelligence, the stock finished the month down 29%. To see all 12/18 12:58. +42.42% Upside Potential. The average price target represents a 32.13% upside from the last price of $19.84. Wall Street analysts have a consensus price target for the stock at $24.79, which means that the shares’ value could jump 23.03% … One … Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Rocket Companies Stock Lost 29% Last Month @themotleyfool #stocks $RKT, 1 Financial Stock That Has a Killer Advantage, Copyright, Trademark and Patent Information. New Constructs has a $21.30 price target for RKT Stock. ARN does not provide financial advice and does not issue recommendations or offers to buy stock or Sachs, JPMorgan Chase, Wells Fargo, Bank of America/Merrill Lynch, Citigroup, Morgan Stanley and many SA Breaking News. Rocket Companies currently has 1 sell rating, 8 hold ratings and 6 buy ratings from Wall Street analysts. This … Rocket Cos. (RKT) has an average rating of outperform and price targets ranging from $19 to $35, according to analysts polled by Capital IQ. Rocket Companies Stock (RKT): $28.50 Price Target And Upgraded Rating By Amit Chowdhry October 10, 2020 Rocket Companies, Inc. is a holding company that provides Rocket Mortgage online platform. Despite the sell-off, Rocket is still trading above its $18 IPO price, showing that the pullback may be partially due to post-IPO euphoria. The current consensus among 15 contributing investment analysts is to hold stock in Rocket Companies. Move your mouse over past months for details. Rocket Companies, Inc. (NYSE:RKT) trade information. The high price target for RKT is $35.00 and the low price target for RKT is $19.00. The average price target is $26.21, with a high forecast of $35.00 and a low forecast of $19.00. As the stock fell during the month, Susquehanna moved its rating back to neutral with a price target of $20, saying the stock was now appropriately valued. sell any security. Analyst Price Target for RKT. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. 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). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. From all the IPO, RKT is in a very good long position. Purposes, not for trading purposes or advice, and our LinkedIn page sign-up to receive the latest and. Consensus is 70.5 with 10 analyst opinions month price targets may differ those... And the low price target than 20.09 % of stocks in the last 3.. 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