Is Rocket Companies Stock a Good Investment?
Rocket Companies Investment Advice | RKT |
- Examine Rocket Companies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Rocket Companies' leadership team and their track record. Good management can help Rocket Companies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Commercial & Residential Mortgage Finance space and any emerging trends that could impact Rocket Companies' business and its evolving consumer preferences.
- Compare Rocket Companies' performance and market position to its competitors. Analyze how Rocket Companies is positioned in terms of product offerings, innovation, and market share.
- Check if Rocket Companies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Rocket Companies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Rocket Companies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Rocket Companies is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Rocket Companies Stock
Researching Rocket Companies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 75.0% of the company shares are owned by institutional investors. The book value of Rocket Companies was at this time reported as 4.5. The company has Price/Earnings To Growth (PEG) ratio of 1.4. Rocket Companies last dividend was issued on the 7th of March 2022. The entity had 2:1 split on the August 28, 2014.
To determine if Rocket Companies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Rocket Companies' research are outlined below:
| Rocket Companies generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 3.61 B. Reported Net Loss for the year was (15.51 M) with profit before taxes, overhead, and interest of 6 B. | |
| About 75.0% of the company shares are owned by institutional investors |
Rocket Companies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Rocket Companies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Rocket Companies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Rocket Companies' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 27.05 B.Basic technical analysis of Rocket Stock
As of the 23rd of November, Rocket Companies holds the Coefficient Of Variation of (428.79), risk adjusted performance of (0.17), and Variance of 6.73. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rocket Companies, as well as the relationship between them.Rocket Companies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Rocket Companies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Rocket Companies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Rocket Companies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Rocket Companies' Outstanding Corporate Bonds
Rocket Companies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Rocket Companies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Rocket bonds can be classified according to their maturity, which is the date when Rocket Companies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US77314EAA64 Corp BondUS77314EAA64 | View | |
| US77310VAA26 Corp BondUS77310VAA26 | View | |
| US77313LAA17 Corp BondUS77313LAA17 | View | |
| US77313LAB99 Corp BondUS77313LAB99 | View |
Understand Rocket Companies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Rocket Companies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.17) | |||
| Market Risk Adjusted Performance | (7.28) | |||
| Mean Deviation | 1.94 | |||
| Coefficient Of Variation | (428.79) | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.73 | |||
| Information Ratio | (0.28) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | (7.29) | |||
| Maximum Drawdown | 13.97 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 3.01 | |||
| Skewness | (1.01) | |||
| Kurtosis | 2.4 |
| Risk Adjusted Performance | (0.17) | |||
| Market Risk Adjusted Performance | (7.28) | |||
| Mean Deviation | 1.94 | |||
| Coefficient Of Variation | (428.79) | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.73 | |||
| Information Ratio | (0.28) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | (7.29) | |||
| Maximum Drawdown | 13.97 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 3.01 | |||
| Skewness | (1.01) | |||
| Kurtosis | 2.4 |
Consider Rocket Companies' intraday indicators
Rocket Companies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Rocket Companies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Rocket Companies time-series forecasting models is one of many Rocket Companies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Rocket Companies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Rocket Stock media impact
Far too much social signal, news, headlines, and media speculation about Rocket Companies that are available to investors today. That information is available publicly through Rocket media outlets and privately through word of mouth or via Rocket internal channels. However, regardless of the origin, that massive amount of Rocket data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Rocket Companies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Rocket Companies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Rocket Companies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Rocket Companies alpha.
Rocket Companies Corporate Management
| Tim Birkmeier | President - Rocket Mortgage | Profile | |
| William Banfield | Executive Mortgage | Profile | |
| Nicole Beattie | Chief Amrock | Profile | |
| KimArie Yowell | Chief Officer | Profile | |
| Nancy Tellem | Independent Director | Profile |
Additional Tools for Rocket Stock Analysis
When running Rocket Companies' price analysis, check to measure Rocket Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rocket Companies is operating at the current time. Most of Rocket Companies' value examination focuses on studying past and present price action to predict the probability of Rocket Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocket Companies' price. Additionally, you may evaluate how the addition of Rocket Companies to your portfolios can decrease your overall portfolio volatility.