What is RKT stock price target?

What is RKT stock price target?

Rocket Companies Inc (NYSE:RKT)

The 14 analysts offering 12-month price forecasts for Rocket Companies Inc have a median target of 12.75, with a high estimate of 18.00 and a low estimate of 10.00. The median estimate represents a +35.06% increase from the last price of 9.44.

Similarly, What is the price of rocket mortgage stock?

Inc. Stock Quote (U.S.: NYSE) | MarketWatch.

$ 9.62.

Close Chg Chg %
$9.60 0.05 0.52%

How many shares of RKT are there? Share Statistics

Avg Vol (3 month) 3 5.61M
Shares Outstanding 5 138.4M
Implied Shares Outstanding 6 1.99B
Float 8 110.84M
% Held by Insiders 1 2.65%

Thereof, How do I buy stock in RKT?

Rocket Companies Inc (RKT) is a leading mortgage finance business based in the US.

How to buy shares in Rocket Companies

  1. Compare share trading platforms. …
  2. Open your brokerage account. …
  3. Confirm your payment details. …
  4. Research the stock. …
  5. Purchase now or later.

What is the current short interest in RKT?

What is Rocket Companies’ current short interest? Short interest is the volume of Rocket Companies shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 26,530,000 shares of RKT short. 23.60% of Rocket Companies’ shares are currently sold short.

Who owns RKT?

Top 10 Owners of Rocket Companies Inc

Stockholder Stake Shares owned
The Vanguard Group, Inc. 6.27% 7,588,091
BlackRock Fund Advisors 4.99% 6,037,160
SSgA Funds Management, Inc. 4.00% 4,847,708
Davis Selected Advisers LP 1.98% 2,399,153

Does RKT have debt?

As of Q2 2020, Rocket owes about $16B on debt secured by loans held for sale which is about 70% of its $23B total debt. Rocket owes $75M on debt secured by MSR contracts, a much smaller portion.

When did RKT go public?

On August 6, 2020, Rocket Companies, Inc. went public under the symbol RKT, raising $1.8 billion.

Is RKT a good investment?

We rate shares of RKT as a buy with a price target of $17.50 for the year ahead representing a forward P/E of 15x on the current consensus 2022 EPS. We believe the company will ultimately outperform expectations, benefiting from a stronger than expected housing market and demand for mortgages overall.

Will RKT have dividends?

RKT pays a dividend of $1.01 per share. RKT’s annual dividend yield is 9.15%.

Is RKT a buy right now?

RKT is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. Investors should also recognize that RKT has a P/B ratio of 3.64. The P/B is a method of comparing a stock’s market value to its book value, which is defined as total assets minus total liabilities.

Does RKT pay a dividend?

RKT pays a dividend of $1.01 per share. RKT’s annual dividend yield is 10.26%. ROCKET COMPANIES’s dividend is higher than the US industry average of 9.53%, and it is higher than the US market average of 4.15%.

What are the most shorted stocks?

Most Shorted Stocks Right Now

  • Nikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% …
  • Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. …
  • SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. …
  • Beyond Meat, Inc. (NASDAQ:BYND) …
  • Lemonade, Inc. (NYSE:LMND)

Who owns the most shares of $RKT?

Largest shareholders include Invesco Ltd., Caledonia (Private) Investments Pty Ltd, Vanguard Group Inc, BlackRock Inc., AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) – Invesco Oppenheimer Main Street Fund Class C, State Street Corp, Technology Crossover Management X, Ltd., VTSMX – Vanguard Total Stock Market Index Fund …

Does Citadel own RKT?

Class A Common Stock (RKT) Institutional Holdings | Nasdaq.

New and Sold Out Positions.

OWNER NAME CITADEL ADVISORS LLC
DATE 12/31/2021
SHARES HELD 1,047,737
CHANGE (SHARES) 899,550
CHANGE (%) 607.037%

Does BlackRock own rocket mortgage?

ownership in RKT / Rocket Companies Inc. 2021-02-10 – BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 5,506,751 shares of Rocket Companies Inc (US:RKT). This represents 4.8 percent ownership of the company.

Is Amrock owned by Quicken Loans?

“Quite simply, Quicken Loans and Amrock are related companies … they are sister companies and they are owned by the same parent, but they are not one and the same, » said Quicken’s lawyer Jeff Morganroth of Morganroth & Morganroth. Rock Holdings is the parent company of Quicken Loans and Amrock.

Is Quicken Loans owned by Intuit?

Intuit purchased the Quicken Loans business in December 1999.

Is Rocket Mortgage the same as Quicken?

One Giant Leap: Quicken Loans Announces It’s Changing Name to Rocket Mortgage. DETROIT, May 12, 2021 – Quicken Loans, America’s largest mortgage lender and a part of Rocket Companies (NYSE: RKT), today announced it will officially change its name to Rocket Mortgage on July 31.

How does RKT special dividend work?

Our Company’s Board of Directors declared a special dividend of $1.01 per share payable on March 22, 2022 to holders of our Class A common stock of record at the close of business on March 8, 2022. We will fund the special dividend from cash distributions of approximately $2.0 billion.

What is RKT ex-dividend date?

RKT has a dividend yield of 10.01% and paid $1.01 per share in the past year. The last ex-dividend date was Mar 7, 2022.

How much is RKT dividend?

Dividend History for Rocket Companies (RKT)

Ex-Div. Date Amount Yield
3/8/2021 $1.11 4.5%

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