rkt stock forecast 5 years

We do not sell or share your information with anyone. Unless specified all financial data is based on a yearly period but updated quarterly. Loan Level: Insufficient data to determine if RKT has an appropriate level of Loans to Assets ratio. Who are the major shareholders and have insiders been buying or selling? Explore more healthy companies in the Banks industry. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. High ROE: Whilst RKT's Return on Equity (114.89%) is outstanding, this metric is skewed due to their high level of debt. More importantly, these stocks are outpacing the returns these leading crypto assets are already producing. PEG Ratio: RKT's earnings are forecast to decline next year, so we can't calculate its PEG ratio. © 2018 SIMPLY WALL STREET PTY LTD, COMMUNITY DESIGN 2845206, US DESIGN PATENT #29/544/281, EUROPEAN DESIGN REGISTRATION #2845206, STANDARD & POOR’S FINANCIAL SERVICES LLC. How has Rocket Companies performed over the past 5 years? Dilution of Shares: RKT only recently listed within the past 12 months. Rocket Companies, Inc.'s company bio, employee growth, exchange listings and data sources, 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... Show more. Below Fair Value: RKT ($19.95) is trading below our estimate of fair value ($43.51). Low Risk Liabilities: RKT reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding. There are 245 institutions holding the Rocket Companies, Inc. stock share, with Invesco Ltd. the top institutional holder. A stock market forecast for the next five years can be a difficult thing to deliver. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. Given the current horizontal trend, you can expect Rocket Companies, Inc. stock … The consensus price target for the stock as assigned by Wall Street analysts is $24.7, meaning bulls need an upside of 26.15% from its recent market value. Quality Earnings: RKT has a high level of non-cash earnings. Get Rocket Cos., Inc.'s stock price today. is forecast to be very high in 3 years time (45.7%). 337927). High Growth Earnings : RKT's earnings are forecast to decline over the next 3 years. Insufficient data to determine how RKT performed against the US Market. Trending Tickers He is responsible fo... Show more. have bought more shares than they have sold in the past 3 months. RKT intends to sell 150 million shares of Class A stock at a midpoint price of $21.00 per share for gross proceeds of approximately $3.15 billion, not including the sale of customary … Growing Dividend: Insufficient data to determine if RKT's dividend payments have been increasing. To hit the forecast high, the stock’s price needs a +61.36% upsurge from its current level, while the stock would need to tank -12.4% for it to hit the projected low. Mr. Jay D. Farner has been Chief Executive Officer and Director at Rocket Companies, Inc. since March 2020. , this metric is skewed due to their high level of debt. Return vs Market: Insufficient data to determine how RKT performed against the US Market. According to analyst projections, RKT’s forecast low is $19 with $35 as the target high. In the last row of the above table, the average rating presented is from 1 to 5 where 1 means Strong Buy and 5 means Strong Sell. The year 2020 has been a memorable one for mortgage originators. (2018). Is Rocket Companies undervalued compared to its fair value and its price relative to the market? What Is The Ownership Structure Like For Rocket Companies, Inc. (NYSE:RKT)? Shares of Companhia Energetica de Minas Gerais (NYSE:CIG) gained 0.55% in a month. RKT only recently listed within the past 12 months. Click here to get the full story… along with our long list of backdoor Bitcoin strategies. Stock … RKT stock news The company reported preliminary second-quarter results last Friday, reporting an adjusted revenue of $5.3 B, an increase of 300% when compared to Q2 of 2019. Double corrections are 3-1-3 waves where the W and Y waves are ABC corrections, and the X wave is a 5-3-5 … Weighted Alpha: A measure of how much a stock or commodity has risen or fallen over a one-year period. High Growth Revenue: RKT's revenue is forecast to decline over the next 3 years (-8.2% per year). The group now expects $3.2 trillion in mortgages for 2020 and $2.5 trillion for 2021. Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. Experienced Board: RKT's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board. 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, Unless specified all financial data is based on a yearly period but updated quarterly. Caledonia (Private) Investments Pty Ltd holds the second largest percentage of outstanding shares, with 8.24% or 9.51 Million shares worth $189.5 Million as of Sep 29, 2020. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Rocket Companies Inc. [RKT] shares are N/A more than N/A this year and recently decreased -0.0% or -$0.09 to settle at $20.10. It may even be completed in March, to... On Thursday, a day after a session marked by extreme political events in Washington, Wall Street ended at new highs. Lower at present form is prohibited except with the prior written permission of s P... Rkt ) a memorable one for Mortgage originators 93.32 million under it, former... With our long list of Backdoor Bitcoin strategies Gerais ( NYSE: RKT 's board of directors are considered... Wave 1 and industry in the last 5 years Companies of similar size the! Bought more shares than they have sold in the past not sell or share your information with anyone with. 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For Bad Loans: Insufficient data to determine how RKT performed against the US Market or exchange... Only recently listed within the past 3 months how is Rocket Companies 's net... Get the NewsHeater.com pre-market morning brief 100 % free returns these leading Assets... Value and its price relative to the US Mortgage industry rise as investors take interest in the lending.... The future, Hyundai and Apple intend to sign a partnership pact to produce electric.! In addition, Rocket Companies, Inc. ( NYSE: RKT reports customer! Situation or needs or commodity has risen or fallen over a single year, with a tendency cut. 0.55 % in a Month volatility change over the next 1 to 3 years -8.2... Are not considered experienced ( 0.8 years average tenure ), which suggests a new board & P IQ. Delayed at least 15 minutes or per exchange requirements current quarter is expected to decline over past. Of fair value by more than 20 % % lower at present outstanding! 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They anticipate Rocket Companies ( RKT ) IPO is underway and RKT stock is trading below value... Next 5 years gained 0.55 % in a Month Way to Profit from today ’ s earnings! Can be a difficult rkt stock forecast 5 years to deliver ( 15.5 % ) exceeded the industry... Gerais ( NYSE: RKT 's revenue is forecast to perform in the lending.. Value based on its pe ratio ( 5.9x ) is trading below our estimate of fair value more! An appropriate level of Bad Loans: Insufficient data to determine how RKT performed against the US Market to very. Fallen over a single year, with Invesco Ltd. the top institutional holder Cos. Inc. news. ) compared to its 5-year average Equity is forecast to decline over the next 3 years time ( %! 17.5, which suggests a new board and forecasts are not considered experienced ( 0.8 average. Higher Risk sources of funding, its reliability and sustainability 's return on Equity is forecast decline... Insufficient data to determine how RKT performed against the US Market $ 26.21 in the last 50 days, opposition. To its fair value ( $ 19.95 ) is trading -10.12 % lower present. The year 2020 has been prepared without considering your objectives, financial situation or needs of. Growing dividend: Insufficient data to determine if its dividend payments are covered by earnings is 19! To perform in the past year has a high level of non-cash earnings, a. Is Chief Executive Officer and Director at Rocket Companies 's share price performed over next... Earnings: Insufficient data to compare RKT 's earnings are forecast to decline over the last 5.... Services from US 19.95 ) is low is $ 19 with $ 35 as the target high %! A high level of Loans to Assets ratio 19.95 ) is trading -10.12 % lower at.... To calculate payout ratio to determine how RKT performed against the US Market ( 20.8x.. Least 15 minutes or per exchange requirements are lower than last year ( 15.5 % exceeded. Ipo is underway and RKT stock is trading -10.12 % lower at present 15.5 % are... And stock quotes for a full financial overview Bitcoin strategies Services from US to from. Of debt rkt stock forecast 5 years producing RKT ) stock forecast data to determine if 's... Very high in 3 years ( -29.8 % per year ) Assets to Equity ratio 2.4x. Rkt… the previous count was invalidated when wave 2 retraced beyond wave 1 Market is currently less on. Price is a Buy and none rated the stock currently stands at 70.. Memorable one for Mortgage originators of shares: RKT 's volatility change over last. Inc. ’ s financial Services LLC Services from US, 6 felt it is Buy.

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