NYSE: RKTRocket Companies Inc Stock
$14.40-0.20 (-1.37%)
Updated May 15, 2024
RKT Price
$14.40
Fair Value Price
N/A
Market Cap
$28.63B
52 Week Low
$7.17
52 Week High
$15.60
P/E
96x
P/B
43.96x
P/S
0.44x
PEG
N/A
Dividend Yield
N/A
Revenue
$4.52B
Earnings
$19.22M
Gross Margin
51.4%
Operating Margin
3.81%
Profit Margin
0.4%
Debt to Equity
20.89
Operating Cash Flow
-$2B
Beta
1.59
Next Earnings
Jun 18, 2024
Ex-Dividend
N/A
Next Dividend
N/A
RKT Overview
Rocket Companies, Inc. engages in the mortgage business in the United States. It is involved in originating, processing, underwriting, and servicing predominantly government sponsored enterprises-conforming mortgage loans, as well as Fair Housing Act, U.S. Department of Agriculture, and U.S. Department of Veteran's Affairs mortgage loans. The company offers its mortgage loans in 50 states through the internet, national television, and other marketing channels. It also offers title insurance, property valuation, and settlement services; online marketing and lead generation services; online-based personal loans; and car sales support services to car rental and online car purchasing platforms. The company also operates a digital platform for buying and selling homes; a sales and support platform that offers in inbound and outbound contact center services; and a loan origination platform. Rocket Companies, Inc. was founded in in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. is a subsidiary of Rock Holdings, Inc.
Zen Score
–
Industry Average (22)
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Due Diligence Checks
RKT was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
RKT is poor value based on its earnings relative to its share price (96x), compared to the US market average (31.36x)
P/E vs Market Valuation
RKT is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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Valuation
RKT price to earnings (PE)
For valuing profitable companies with steady earnings
Company
96x
Industry
67.43x
Market
31.36x
RKT is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
RKT is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation
RKT price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
43.96x
Industry
0.41x
RKT is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation
RKT's financial health
Profit margin
Revenue
$1.4B
Net Income
$16.2M
Profit Margin
1.2%
RKT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$22.2B
Liabilities
$13.6B
Debt to equity
20.89
RKT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
-$3.0B
Investing
$35.5M
Financing
$2.7B
RKT vs Mortgage Stocks
Rocket Companies Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.