How to Buy Rocket Companies Stock
Rocket Companies Inc
Rocket Companies, Inc. engages in the mortgage business in the United States.
Rocket Companies stock last closed at $12.04, down 1.71% from the previous day, and has increased 5.8% in one year. It has overperformed other stocks in the Mortgage Finance industry by 0.03 percentage points. Rocket Companies stock is currently +19.68% from its 52-week low of $10.06, and -43.69% from its 52-week high of $21.38.
As of Apr 17, 2025, there are 2B RKT shares outstanding. The market value of RKT is $24.03B. In the last 24 hours, 6.65M RKT shares were traded.
How to Buy Rocket Companies Stock
Wondering how to invest in Rocket Companies stock? Here's how.
- Figure out where to buy Rocket Companies stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Rocket Companies stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Select your method of payment and add your information.
- Research Rocket Companies stock: The Rocket Companies ticker symbol is RKT. Is Rocket Companies stock a good investment? Should you buy shares of RKT? How do RKT's underlying business fundamentals look? Do top analysts think Rocket Companies is a good buy? Why has RKT's stock price moved recently? (Hint: Our stock market research website can help you figure out if RKT is a good stock to buy).
- Make your RKT buy order: Decide if you will purchase RKT shares at the current market price or use a limit order to purchase RKT stock at a specific price.
- Get the latest news on your RKT position: Create a watchlist to track your investment in Rocket Companies stock.
Step 1: Figure out where to buy Rocket Companies stock
You will need a brokerage account in order to access the NYSE market and buy RKT shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal information so you are able to invest in RKT today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Put funds into your investment account
Now that you have finished signing up on the best stock broker app, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help transferring funds into your new investment account.
Step 4: Research Rocket Companies stock
After you have figured out the best place to buy Rocket Companies stock, it's very important to analyze their stock before you buy, so you truly comprehend the risk as well as the upside.
Rocket Companies quick stats
Fundamentals of Rocket Companies
WallStreetZen was designed to help average investors perform better fundamental analysis.
You can view all of the due diligence checks on RKT's stock page.
Is RKT stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge RKT's intrinsic value.
Using relative valuations metrics:
- RKT may be overvalued based on its P/E ratio of 57.33x, relative to Mortgage Finance industry P/E ratio of 30.97x
- RKT could be overvalued based on its P/B ratio of 34.21x, relative to Mortgage Finance industry P/B ratio of 0.35x
You can access more valuation research on RKT's stock here.
How do RKT Financials look?
Passed Health Checks:
- RKT profit margin has gone up from -0.4% to 0.6% in the past year.
Failed Health Checks:
- RKT has a relatively high debt to equity ratio of 22.02.
- Total RKT debt is higher than 5 years ago, relative to shareholder equity.
Is RKT stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 11 Equities analysts who give ratings on RKT, the consensus analyst rating on RKT is a Hold
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent RKT Analyst Ratings
Richard Shane, a top 11% analyst from JP Morgan maintains RKT with a strong sell rating and lowers their RKT price target from $14.00 to $10.50, on Jan 14, 2025.
Ryan Nash, a top 17% analyst from Goldman Sachs maintains RKT with a hold rating and lowers their RKT price target from $16.00 to $14.00, on Jan 7, 2025.
James Faucette, a top 11% analyst from Morgan Stanley maintains RKT with a hold rating and lowers their RKT price target from $16.00 to $13.00, on Dec 19, 2024.
Mihir Bhatia, a top 13% analyst from Bank of America upgrades RKT to a hold rating and maintains their RKT price target from $15.00 to $15.00, on Nov 15, 2024.
Brad Capuzzi, a top 43% analyst from Piper Sandler reiterates RKT with a hold rating and lowers their RKT price target from $17.00 to $16.00, on Nov 14, 2024.
You can dig deeper into what analysts are projecting on the Rocket Companies stock forecast page.
RKT Trading Indicators
RKT Earnings
Last year, RKT earnings were $29.37M. During the last 4 year, RKT's earnings have gone up by -41.31% per year. This was faster than the Mortgage Finance industry average of -41.43%.
Last year, RKT revenue was $5.10B. During the last 5 year, RKT's revenue has increased by 0.12% per year. This was slower than the Mortgage Finance industry average of 3.31%.
Dig into RKT's earnings and revenue performance here.
What are RKT executives and large shareholders up to?
Over the last year, insiders at RKT have sold more shares than they have bought.
William D. Banfield, Chief Business Officer of RKT, was the latest RKT insider to sell. They sold $753,727.15 worth of RKT shares on Mar 7, 2025.
Research more about who owns RKT shares here.
Does RKT provide a stable income stream?
Rocket Companies pays a dividend of 6.64%, compared to the Mortgage Finance industry's average dividend yield of 4.81%. If you owned $1,000 worth of RKT stock, you would have been paid $66.45 in the past year.
Rocket Companies dividend payments have not consistently grown over the past 5 years and have not remained stable.
Get more data about Rocket Companies dividend yield and history here.
What do other traders have to say about RKT?
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Step 5: Make your RKT buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, use a limit order.
Click the Open button and your broker will place your order.
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Step 6: Get the latest news on your RKT position
Now that you own some RKT shares, you'll want to stay up-to-date on your investment.
Add RKT to a watchlist to track the latest developments regarding your RKT stock.
RKT Feed
How to Buy Stock in Rocket Companies
To reiterate, here are the 6 steps to buy Rocket Companies stock:
- Figure out where to buy Rocket Companies stock
- Open your brokerage account
- Put funds into your investment account
- Research Rocket Companies stock
- Make your RKT buy order
- Get the latest news on your RKT position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Rocket Companies, add RKT to your watchlist by clicking the button below.
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