What Should You know About Rocket Companies (RKT) Before Investing?

By Chris Stiles • Tuesday, February 14 13:54 • Permanent Link

Rocket Companies moved -1.5% this afternoon session, trading between a high of $8.91 and a low of $8.63 per share. Yesterday the stock finished at $8.81 per share, compared to an average analyst target price of $7.4.

Rocket Companies, Inc. is engaged in the technology-driven real estate, mortgage and e-commerce businesses in the United States and Canada. The small-cap mortgage bankers & loan correspondents company is based in the United States, and over the last twelve months it has returned a dividend yield of 0.0%. Rocket Companies has trailing twelve months earnings per share (EPS) of 1.802, which at today's prices amounts to a price to earnings (P/E) ratio of 4.92.

RKT has a revenue per share ratio of 66.01 based on its total revenue of $8,137,190,000. The company's revenues have a year-on-year growth rate of -57.9%, compared to a YoY growth rate of -92.2% for its earnings.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.