$28.38. Shares of Rocket Companies (NYSE:RKT) were slumping last month after the recent IPO turned in an earnings report, its first as a publicly traded company, that didn't quite live up to investor expectations. That’s certainly possible for Rocket Companies. Citigroup Inc. has the highest price target set, predicting RKT will reach $35.00 in the next twelve months. RKT still only has a tiny share in U.S. mortgage originations, and the auto/personal … Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The stock price of Rocket Companies Inc (NYSE: RKT) has received a price target decrease from $29 to $24 by Wells Fargo. Rocket Companies currently has 1 sell rating, 8 hold ratings and 6 buy ratings from Wall Street analysts. Fundamental This price target is based on 15 analysts offering 12 month price targets for Rocket Companies in the last 3 months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Seeking Alpha Catalyst Watch. Analyst Price Target for RKT. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Rocket Companies Stock Lost 29% Last Month @themotleyfool #stocks $RKT, 1 Financial Stock That Has a Killer Advantage, Copyright, Trademark and Patent Information. We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. New player Eat Beyond is poised to become a household name in the fast-growing plant-based food category! Returns as of 01/12/2021. Rocket Cos. Inc. analyst estimates, including RKT earnings per share estimates and analyst recommendations. 12/18 12:58. Wall Street analysts have a consensus price target for the stock at $24.79, which means that the shares’ value could jump 23.03% … The stock price of Rocket Companies Inc (NYSE: RKT) has received a price target decrease from $29 to $24 by Wells Fargo. Rocket Companies has 22,000 team members across the United States. The institutions have been accumulating big time. 12/19 20:03. i. Let’s start up with the current stock price of Rocket Companies Inc. (RKT), which is $21.94 to be very precise. RKT has a higher average analyst price target than 20.09% of stocks in the large … Other companies that are similar to Rocket Companies include PennyMac Financial Services, Gores Holdings IV, Ocwen Financial, Farmhouse, Mopals.com and PSM HOLDINGS IN/SH. The current consensus among 15 contributing investment analysts is to hold stock in Rocket Companies. A "hold" rating indicates that analysts believe investors should keep any existing positions they have in RKT, but not buy more shares or sell existing shares. According to data from S&P Global Market Intelligence, the stock finished the month down 29%. Their average twelve-month price target is $26.21, suggesting a possible upside of 32.1%. Yahoo. Get New Rocket Companies Analyst Ratings Delivered To Your Inbox. 12/18 15:30. company data provided by Morningstar and Zacks Investment Research. Despite the strong results, the stock fell 15% as investors seemed disappointed with the guidance, which called for closed loan volume to jump 105% to 112%, or $82 billion to $85 billion, but that represented a sequential slowdown from the 126% growth rate in the second quarter. The average price target represents a 32.13% upside from the last price of $19.84. Close price at the end of the last trading day (Friday, 8th Jan 2021) of the RKT stock was … On average, they anticipate … I write about consumer goods, the big picture, and whatever else piques my interest. Is RKT A Good Stock To Buy Now? What price target have analysts set for RKT? The Stock rose vividly during the last session to $22.64 after opening rate of $21.48 while the lowest price … Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. RKT updated stock price target summary. Despite the sell-off, Rocket is still trading above its $18 IPO price, showing that the pullback may be partially due to post-IPO euphoria. Bottom-line numbers were even more impressive as adjusted earnings before interest, taxation, depreciation, and amortization (EBITDA) rose by nearly 10 times to $3.86 billion, and adjusted net income was up almost 11 times to $2.89 billion. View today's stock price, news and analysis for Rocket Cos. Inc. (RKT). Sign-up to receive the latest news and ratings for RKT and its competitors with Analyst All rights reserved. sell any security. Keefe, Bruyette & Woods has the lowest price target set, forecasting a price of $19.00 for Rocket Companies in the next year. Rocket Companies, Inc. is a holding company that provides Rocket Mortgage online platform. Rocket Companies' physical mailing address is 1050 WOODWARD AVENUE, DETROIT MI, 48226. Dow Jones, a News Corp company News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services … Since 1985, Rocket Companies has been obsessed with helping its clients achieve the American dream of home ownership and financial freedom. Market data powered by FactSet and Web Financial Group. Ratings Network’s free daily newsletter. RKT - Rocket Companies Inc Stock quote - CNNMoney.com Markets Their forecasts range from $19.00 to $35.00. View real-time stock prices and stock quotes for a full financial overview. This … Stock Advisor launched in February of 2002. New Constructs has a $21.30 price target for RKT Stock. 326 E 8th St #105, Sioux Falls, SD 57103. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market. 14 Wall Street analysts have set twelve-month price targets for Rocket Companies in the last year. As the stock fell during the month, Susquehanna moved its rating back to neutral with a price target of $20, saying the stock was now appropriately valued. The demand for plant-based foods is skyrocketing while meat consumption has been on decline. 15 brokerages have issued twelve-month price targets for Rocket Companies' stock. From all the IPO, RKT is in a very good long position. RKT | Complete Rocket Cos. Inc. stock news by MarketWatch. $ 0.00 Based on analysts offering 12 month price targets for RKT in the last 3 months. Analyst Ratings Network (ARN) provides comprehensive coverage of stock ratings, including equities research analysts’ upgrades, downgrades, new coverage and price target Skyrocketing while Meat consumption has been on decline been on decline powered by FactSet and Web financial Group in. To hold stock in Rocket Companies ' stock ’ and solely for informational,. 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