Rocket Companies Net Worth
Rocket Companies Net Worth Breakdown | RKT |
Rocket Companies Net Worth Analysis
Rocket Companies' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Rocket Companies' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Rocket Companies' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Rocket Companies' net worth analysis. One common approach is to calculate Rocket Companies' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Rocket Companies' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Rocket Companies' net worth. This approach calculates the present value of Rocket Companies' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Rocket Companies' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Rocket Companies' net worth. This involves comparing Rocket Companies' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Rocket Companies' net worth relative to its peers.
Enterprise Value |
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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' net worth research are outlined below:
| Rocket Companies generated a negative expected return over the last 90 days | |
| Rocket Companies has high likelihood to experience some financial distress in the next 2 years | |
| 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 | |
| Latest headline from investing.com: Rocket Companies SWOT analysis mortgage giant faces headwinds amid market volatility |
Rocket Companies Quarterly Good Will |
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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 |
Know Rocket Companies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Rocket Companies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Rocket Companies backward and forwards among themselves. Rocket Companies' institutional investor refers to the entity that pools money to purchase Rocket Companies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Renaissance Technologies Corp | 2024-09-30 | 2.8 M | Geode Capital Management, Llc | 2024-09-30 | 2 M | Voloridge Investment Management, Llc | 2024-09-30 | 1.6 M | Bruni J V & Co | 2024-09-30 | 1.5 M | J. Goldman & Co Lp | 2024-09-30 | 1.5 M | Hillman Co | 2024-09-30 | 1.3 M | First Trust Advisors L.p. | 2024-06-30 | 1.1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1 M | Alliancebernstein L.p. | 2024-06-30 | 855.3 K | Vanguard Group Inc | 2024-09-30 | 12.1 M | Boston Partners Global Investors, Inc | 2024-09-30 | 9.5 M |
Follow Rocket Companies' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 28.95 B.Market Cap |
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Project Rocket Companies' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Equity | (0.02) | (0.02) |
When accessing Rocket Companies' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Rocket Companies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Rocket Companies' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Rocket Companies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Rocket Companies. Check Rocket Companies' Beneish M Score to see the likelihood of Rocket Companies' management manipulating its earnings.
Evaluate Rocket Companies' management efficiency
Return On Tangible Assets is likely to gain to -0.0013 in 2024. Return On Capital Employed is likely to gain to -0.02 in 2024. At this time, Rocket Companies' Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 25.9 B in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 5.6 B in 2024. Rocket Companies' management efficiency ratios could be used to measure how well Rocket Companies manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 64.53 | 45.68 | |
| Tangible Book Value Per Share | 4.86 | 4.62 | |
| Enterprise Value Over EBITDA | 137.86 | 144.76 | |
| Price Book Value Ratio | 2.98 | 1.76 | |
| Enterprise Value Multiple | 137.86 | 144.76 | |
| Price Fair Value | 2.98 | 1.76 | |
| Enterprise Value | 9.3 B | 8.8 B |
Understanding the management dynamics of Rocket Companies allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Enterprise Value Revenue 1.6319 | Revenue 4.3 B | Quarterly Revenue Growth (0.41) | Revenue Per Share 31.189 | Return On Equity (0.03) |
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 Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 8th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 8th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 30th of August 2024 An amendment to a previously filed Form 8-K | ViewVerify |
Rocket Companies Earnings per Share Projection vs Actual
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.