Rocket Companies share price today

(RKT)

Rocket Companies share price is $11.11 & ₹946.55 as on 25 Dec 2024, 2.30 'hrs' IST

$11.11

▲

-0.24

(-2.11%)

Market is closed - opens 8 PM, 26 Dec 2024

View live Rocket Companies share price in Dollar and Rupees. Guide to invest in Rocket Companies from India. Also see the sentimental analysis on Indian investors investing in Rocket Companies. Get details on the Indian mutual funds that are investing in Rocket Companies. Get Analyst recommendations and forecasts along with all the Rocket Companies's financials.

Rocket Companies share price movements

Today's Low: $10.96
Today's High: $11.29
$11.11
1.4%
Downside
Day's Volatility :2.97%
Upside
1.59%
52 Weeks Low: $10.87
52 Weeks High: $21.38
$11.11
2.16%
Downside
52 Weeks Volatility :49.16%
Upside
48.04%

Rocket Companies Returns

Period	Rocket Companies, Inc.	Sector (Financials)	Index (Russel 2000)
3 Months	-40.97%	8.8%	0.0%
6 Months	-19.43%	19.4%	0.0%
1 Year	-26.13%	30.7%	0.0%
3 Years	-26.33%	26.2%	-21.1%

Rocket Companies Key Statistics

in dollars & INR

Previous Close	$11.35
Open	$11.32
Today's High	$11.29
Today's Low	$10.955
Market Capitalization	$22.1B
Today's Volume	$2.5M
52 Week High	$21.38
52 Week Low	$10.87
Revenue TTM	$4.3B
EBITDA	$293.6M
Earnings Per Share (EPS)	$-0.12
Profit Margin	-0.35%
Quarterly Earnings Growth YOY	-0.82%
Return On Equity TTM	-2.91%

How to invest in Rocket Companies from India?

It is very easy for Indian residents to invest directly in Rocket Companies from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Rocket Companies stock in both Indian Rupees (INR) and US Dollars (USD). Search for Rocket Companies or RKT on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Rocket Companies or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Rocket Companies shares which would translate to 0.077 fractional shares of Rocket Companies as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Rocket Companies, in just a few clicks!

Returns in Rocket Companies for Indian investors in Rupees

Investment Value

₹1,00,000

Rocket Companies investment value today

Current value as on today

₹76,108

Returns

₹23,892

(-23.89%)

Returns from Rocket Companies Stock

₹26,130 (-26.13%)

Dollar Returns

₹2,239 (+2.24%)

Indian investors sentiment towards Rocket Companies

46%

Period: Sep 26, 2024 to Dec 25, 2024. Change in 30 Days versus previous period

Search volume for Rocket Companies on INDmoney from India has grown in the last 30 days as on Dec 26, 2024. 46% more investors are searching Rocket Companies in the last 30 days versus the previous period.

Global Institutional Holdings in Rocket Companies

Vanguard Group Inc
8.29%
Boston Partners Global Investors, Inc
6.50%
JPMorgan Chase & Co
5.48%
FMR Inc
5.24%
Nuveen Asset Management, LLC
3.65%
BlackRock Inc
3.63%

Analyst Recommendation on Rocket Companies

Hold

0%Buy

52%Hold

47%Sell

Based on 21 Wall street analysts offering stock ratings for Rocket Companies(by analysts ranked 0 to 5 stars)

Based on 21 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Rocket Companies

What analysts predicted

Upside of 31.16%

Current:

$11.11

Target:

$14.57

Insights on Rocket Companies

Price Movement
In the last 7 days, RKT stock has moved down by -4.5%
Decreasing Revenue
Rocket Companies, Inc. has experienced a decline in revenue for the last three quarters. Specifically, revenue has dropped from $1.15 billion to $748.76 million, which represents an average decrease of 17.7% each quarter.
Decreasing Net Profit
Rocket Companies, Inc. has been experiencing a declining trend in its net profit over the last three quarters. The net profit dropped from $16.21 million to -$22.01 million, indicating a significant loss. On average, the company has seen a decrease of 945.9% in net profit each quarter.
RKT vs COOP (1 yr)
In the last 1 year, Mr. Cooper Group Inc. has given 43.8% return, outperforming this stock by 69.3%
RKT vs COOP (3 yr)
In the last 3 years, Mr. Cooper Group Inc. has given 127.9% return, outperforming this stock by 155.1%
Price to Sales
Rocket Companies, Inc. has a Price-to-Sales Ratio of 0.4, meaning investors are willing to pay $0.4 for every $1 of sales the company generates. In contrast, Mr. Cooper Group Inc. has a significantly higher Price-to-Sales Ratio of 3.1, indicating that investors are willing to pay $3.1 for every $1 of sales. This suggests that Rocket Companies is currently valued lower in relation to its sales compared to Mr. Cooper Group.

Rocket Companies Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$4.1B	↑ 0.19%
Net Income	$612.9M	↓ 20.48%
Net Profit Margin	15.02%	↓ 3.91%

	FY19	Y/Y Change
Revenue	$5.0B	↑ 22.15%
Net Income	$893.8M	↑ 45.83%
Net Profit Margin	17.94%	↑ 2.92%

	FY20	Y/Y Change
Revenue	$15.5B	↑ 212.04%
Net Income	$9.4B	↑ 951.66%
Net Profit Margin	60.45%	↑ 42.51%

	FY21	Y/Y Change
Revenue	$12.7B	↓ 18.43%
Net Income	$6.1B	↓ 35.4%
Net Profit Margin	47.87%	↓ 12.58%

	FY22	Y/Y Change
Revenue	$5.7B	↓ 55.18%
Net Income	$699.9M	↓ 88.47%
Net Profit Margin	12.31%	↓ 35.56%

	FY23	Y/Y Change
Revenue	$3.6B	↓ 36.42%
Net Income	$-15.5M	↓ 102.22%
Net Profit Margin	-0.43%	↓ 12.74%

	Q2 FY23	Q/Q Change
Revenue	$1.2B	↑ 90.83%
Net Income	$7.4M	↓ 101.81%
Net Profit Margin	0.62%	↑ 66.17%

	Q3 FY23	Q/Q Change
Revenue	$1.2B	↓ 2.76%
Net Income	$6.2M	↓ 16.56%
Net Profit Margin	0.53%	↓ 0.09%

	Q4 FY23	Q/Q Change
Revenue	$854.3M	↓ 26.66%
Net Income	$-10.6M	↓ 271.37%
Net Profit Margin	-1.24%	↓ 1.77%

	Q1 FY24	Q/Q Change
Revenue	$1.2B	↑ 35.31%
Net Income	$16.2M	↓ 252.47%
Net Profit Margin	1.4%	↑ 2.64%

	Q2 FY24	Q/Q Change
Revenue	$1.1B	↓ 0.56%
Net Income	$1.3M	↓ 92.01%
Net Profit Margin	0.11%	↓ 1.29%

	Q3 FY24	Q/Q Change
Revenue	$748.8M	↓ 34.86%
Net Income	$-22.0M	↓ 1799.69%
Net Profit Margin	-2.94%	↓ 3.05%

	FY18	Y/Y Change
Profit	$3.5B	↑ 0.17%

	FY19	Y/Y Change
Profit	$4.9B	↑ 40.59%

	FY20	Y/Y Change
Profit	$15.5B	↑ 215.29%

	FY21	Y/Y Change
Profit	$12.6B	↓ 18.52%

	FY22	Y/Y Change
Profit	$5.6B	↓ 55.66%

	FY23	Y/Y Change
Profit	$3.5B	↓ 37.32%

	Q2 FY23	Q/Q Change
Profit	$1.2B	↑ 96.39%

	Q3 FY23	Q/Q Change
Profit	$1.1B	↓ 3.02%

	Q4 FY23	Q/Q Change
Profit	$827.7M	↓ 27.22%

	Q1 FY24	Q/Q Change
Profit	$1.1B	↑ 36.39%

	Q2 FY24	Q/Q Change
Profit	$1.1B	↓ 0.66%

	Q3 FY24	Q/Q Change
Profit	$748.8M	↓ 33.23%

	FY18	Y/Y Change
Operating Cash Flow	$1.4B	↓ 689.63%
Investing Cash Flow	$-94.5M	↑ 6.2%
Financing Cash Flow	$-1.7B	↓ 268.6%

	FY19	Y/Y Change
Operating Cash Flow	$-7.0B	↓ 586.26%
Investing Cash Flow	$71.9M	↓ 176.1%
Financing Cash Flow	$7.2B	↓ 530.29%

	FY20	Y/Y Change
Operating Cash Flow	$-1.7B	↓ 75.9%
Investing Cash Flow	$517.2M	↑ 619.4%
Financing Cash Flow	$1.8B	↓ 75.58%

	FY21	Y/Y Change
Operating Cash Flow	$7.7B	↓ 561.67%
Investing Cash Flow	$-664.9M	↓ 228.55%
Financing Cash Flow	$-6.9B	↓ 493.79%

	FY22	Y/Y Change
Operating Cash Flow	$10.8B	↑ 39.77%
Investing Cash Flow	$578.7M	↓ 187.05%
Financing Cash Flow	$-12.8B	↑ 85.28%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$-286.2M	↓ 78.41%
Investing Cash Flow	$583.1M	↑ 894.58%
Financing Cash Flow	$-336.6M	↓ 123.45%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$328.4M	↓ 214.72%
Investing Cash Flow	$739.0M	↑ 26.73%
Financing Cash Flow	$-351.6M	↑ 4.46%

Rocket Companies Technicals Summary

Sell

Neutral

Buy

Rocket Companies is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Rocket Companies Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Rocket Companies, Inc.	-20.98%	-19.43%	-26.13%	-26.33%	-48.35%
Uwm Holdings Corp	-10.14%	-15.67%	-20.22%	-7.84%	-38.06%
Mr. Cooper Group Inc.	-3.43%	15.94%	43.6%	126.59%	658.75%
Pennymac Financial Services Inc	-3.93%	10.26%	14.63%	45.8%	205.56%
Walker & Dunlop, Inc.	-11.12%	2.09%	-13.15%	-35.69%	50.84%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Rocket Companies, Inc.	7.96	NA	1.4	0.21	-0.03	0.01	NA	4.5
Uwm Holdings Corp	206.33	NA	NA	0.21	-0.07	0.01	0.07	1.06
Mr. Cooper Group Inc.	12.03	12.03	NA	10.27	0.11	0.03	NA	72.49
Pennymac Financial Services Inc	32.13	32.13	4.67	11.69	0.05	0.01	0.01	72.95
Walker & Dunlop, Inc.	34.78	34.78	1.25	4.43	0.05	0.02	0.03	51.52

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Rocket Companies, Inc.	Hold	$22.1B	-48.35%	7.96	-0.35%
Uwm Holdings Corp	Hold	$9.9B	-38.06%	206.33	-0.79%
Mr. Cooper Group Inc.	Buy	$6.0B	658.75%	12.03	25.87%
Pennymac Financial Services Inc	Buy	$5.2B	205.56%	32.13	6.12%
Walker & Dunlop, Inc.	Buy	$3.3B	50.84%	34.78	9.63%

Rocket Companies Dividend announcements

Rocket Companies Dividends March, 2022
In the quarter ending March,2022. Rocket Companies has declared dividend of $1.01
Read More

About Rocket Companies

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. since 1985, rocket companies has been obsessed with helping its clients achieve the american dream of home ownership and financial freedom. rocket companies offers an industry-leading client experience powered by our simple, fast, and trusted digital solutions. rocket companies has 22,000 team members across the united states. its flagship company, rocket mortgage, has been named to fortune magazine's list of "100 best companies to work for" for 17 consecutive years. for more information, please visit our corporate website, investor relations website, twitter page, and our linkedin page.

Organization	Rocket Companies
Employees	14700
CEO	Mr. Daniel B. Gilbert
Industry	Finance

Management People of Rocket Companies

Name	Title
Mr. Daniel B. Gilbert	Founder & Chairman of the Board
Mr. Varun Krishna	CEO & Director
Mr. William C. Emerson	President & Director
Mr. Brian Nicholas Brown	CFO & Treasurer
Ms. Tina V. John J.D.	Executive Legal Counsel & Secretary
Ms. Heather Lovier	Chief Operating Officer
Mr. Noah Edwards	Chief Accounting Officer
Mr. Shawn Malhotra	Group Chief Technology Officer
Ms. Sharon Ng	Vice President of Investor Relations
Mr. Jonathan Mildenhall	Chief Marketing Officer

Important FAQs about investing in Rocket Companies from India :

What is Rocket Companies share price today?

Rocket Companies share price today stands at $11.11, Open: $11.32 ; Previous Close: $11.35 ; High: $11.29 ; Low: $10.96 ; 52 Week High: $21.38 ; 52 Week Low: $10.87. The stock opens at $11.32, after a previous close of $11.35. The stock reached a daily high of $11.29 and a low of $10.96, with a 52-week high of $21.38 and a 52-week low of $10.87.

Can Indians buy Rocket Companies shares?

Yes, Indians can invest in the Rocket Companies (RKT) from India.

With INDmoney, you can buy Rocket Companies at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Rocket Companies at zero transaction cost.

How can I buy Rocket Companies shares from India?

It is very easy to buy Rocket Companies from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Rocket Companies be purchased?

Yes, you can buy fractional shares of Rocket Companies with INDmoney app.

What are the documents required to start investing in Rocket Companies stocks?

To start investing in Rocket Companies, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.