13.85
0.53 (3.98%)
Market Trend
| Short Term | Medium Term | ||
| Industry | Mortgage Finance (US) | Bearish | Bullish |
| Mortgage Finance (Global) | Bearish | Bullish | |
| Stock | Rocket Companies, Inc. | Bearish | - |
Stockmoo Score
|
Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company’s mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company’s lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket’s origination process to offer loans to their customers. The company has rapidly gained market share in recent years and is now the largest mortgage originator in the U.S. as well as the servicer for more than 2 million loans. |
|
| Sector | Financial Services |
| Industry | Mortgage Finance |
| Investment Style | Small Value |
Ownership
| Name | Date | Shares Held |
|---|---|---|
| Bruni J V & Co /Co | 31 Mar 2024 | 1,642,947 |
| 52 Weeks Range | ||
| Price Target Range | ||
| High | 14.00 (RBC Capital, 1.08%) | Hold |
| Median | 13.00 (-6.14%) | |
| Low | 10.00 (Barclays, -27.80%) | Sell |
| Average | 12.70 (-8.30%) | |
| Total | 3 Hold, 2 Sell | |
| Avg. Price @ Call | 13.42 | |
| Firm | Date | Target Price | Call | Price @ Call |
|---|---|---|---|---|
| Barclays | 09 Jul 2024 | 10.00 (-27.80%) | Sell | 13.25 |
| JP Morgan | 08 Jul 2024 | 13.50 (-2.53%) | Sell | 13.27 |
| 03 May 2024 | 11.00 (-20.58%) | Sell | 13.30 | |
| Piper Sandler | 07 May 2024 | 13.00 (-6.14%) | Hold | 13.98 |
| RBC Capital | 03 May 2024 | 14.00 (1.08%) | Hold | 13.30 |
| Wedbush | 03 May 2024 | 13.00 (-6.14%) | Hold | 13.30 |
No data within this time range.
| Date | Type | Details |
|---|---|---|
| 25 Jul 2024 | Announcement | A Decade of Excellence: Rocket Mortgage Named #1 for Client Satisfaction in Mortgage Servicing by J.D. Power for the 10th Year |
| 18 Jul 2024 | Announcement | Rocket Companies to Announce Second Quarter 2024 Results on August 1 |
| 25 Jun 2024 | Announcement | Instabase Helps Rocket Mortgage Enhance Loan Approvals and Client Experience Through Artificial Intelligence |
| 24 Jun 2024 | Announcement | The Jeep® Wagoneer S Launch Edition Makes First Public Appearance at the Rocket Mortgage Classic in Detroit from June 25 - June 30 |
| 29 May 2024 | Announcement | Rocket Companies CEO Varun Krishna to Present at Morgan Stanley U.S. Financials, Payments & CRE Conference |
| 06 May 2024 | Announcement | Rocket Companies Hires AI Innovator Shawn Malhotra as Chief Technology Officer |
| 02 May 2024 | Announcement | Rocket Companies Announces First Quarter 2024 Results |
| 3Y Average Dividend Yield | 7.45% |
| Ex Date | Announcement Date | Payment Date | Details |
|---|---|---|---|
| 07 Mar 2022 | 24 Feb 2022 | 22 Mar 2022 | 1.01 Cash |
| 08 Mar 2021 | 25 Feb 2021 | 23 Mar 2021 | 1.11 Cash |
Annual Dividend Yield
| Year | Annual Dividend ($) | Frequency/Year | Yield % |
|---|---|---|---|
| 2022 | 1.01 | 1 | 14.43 |
| 2021 | 1.11 | 1 | 7.93 |
The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.
Portfolio
| Realized Profit | - |
| Unrealized Profit | - |
| Dividend Received 2024 | - |
| Total Profit | - |
| Avg. Return | - |
| Quantity (Buy) | - |
| Avg. Price (Buy) | - |
| Quantity (Sold) | - |
| Avg. Price (Sold) | - |