Owing to an overheated housing market, rising interest rates and poor financial performance, RKT stock has declined 60% over the past 12 months. For 2024, we estimate that rkt would have made a high of $14, which is a 39% increase from todays price of $10.78. The problem facing Rocket is its dependence on its more profitable refinancing business which suffered as higher interest rates lowered demand and margins. As of 2023 February 13, Monday current price of RKT stock is 8.810$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception).. How were Rocket Companies' earnings last quarter? The Detroit-based company said it had a loss of 14 cents per . 2022-07-11 Barclays $8.0000 (adsbygoogle = window.adsbygoogle || []).push({});(adsbygoogle = window.adsbygoogle || []).push({}); $11.0000 Equal-Weight 2022-07-06 Wells Fargo $10.0000 Overweight 2022-06-17 Wells Fargo See AlsoAscolti TV | Luned 26 settembre 2022. US: +1 800 698 9101. International: +1 434 293 9100. For the next nine years, the forecast is for Fair Value to grow by 11.20%. Pessimistic: $8.62. NASA is considered the number one space agency globally, But NASA has not been able to make such a rocket to date, which comes back to the earth from space and can be re-used. Therefore, AI Pickup would say that Rocket Companies (RKT) stock is NOT overvalued. Will RKT stock price go up? We forecast Rocket Companies stock performance using neural networks based on historical data on Rocket Companies stocks. RKT : Rocket Companies stock forecast by Wall Street Analysts The average Rocket Companies stock forecast from last 6 month is $7.78, and this show a -14.6% decrease in average from the prior price target of the each prediction. By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, Free Stock Analysis Report: See The True Value of Any Stock, [BREAKING] New "Living Missile" to Replace Nuclear Missiles, The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Fed's Shocking New Plan to Control Your Money. $7.86 -1.06% 2026 May. EPS shows how much of the net profit is accounted for by the common share. The average Rocket Companies stock forecast 2023 represents a 1.74% increase from the last price of $7.40999984741211. $7.47 0.30% 2032 Aug. $7.49 0.29% 2032 Sep. $7.51 0.29% 2032 Oct. $7.54 0.33% 2032 Nov. $7.57 0.39% (adsbygoogle = window.adsbygoogle || []).push({});(adsbygoogle = window.adsbygoogle || []).push({}); The average Rocket Companies stock forecast from last 6 month is $7.78, and this show a -14.6% decrease in average from the prior price target of the each prediction. The median estimate represents a -5.96% decrease from the last price of 7.98. $7.51 0.20% 2024 Jun. , What happens when more than 100% of stock is shorted? How many employees does Rocket Companies have? RKT : Rocket Companies stock forecast for 2022 Date Price Target Change 2022 Dec. $7.45 0.52% RKT : Rocket Companies stock forecast for 2023 Date Price Target Change 2023 Jan. $7.47 0.34% 2023 Feb. $7.49 0.20% 2023 Mar. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. 326 E 8th St #105, Sioux Falls, SD 57103 Charlottesville, VA 22902. In the next year, analysts expect Revenue to reach 13.38B an increase of 1.09%. We will reply as soon as we can. According to AI Pickup, the Rocket Companies stock price forecast for 2026 Nov. is $7.54225936184414 From Rocket Companies stock forecast , Rocket Companies (RKT) stock cannot be a good investment choice. For next year, analysts predict EBITDA of 3.41B, which would mean an increase of 12.84%. Ralph Lauren Corporation's stock is traded on the New York Stock Exchange under the symbol RL. 8. The average Rocket Pharmaceuticals stock forecast 2023 represents a 3.97% increase from the last price of $18.8299999237061. 3. $6.65 2.71% 2030 Jun. Why is everyone selling Sofi stock? The Zacks database contains over 10,000 stocks. Occidental Petroleum (OXY), 194.4 million. Investing in any stock carries risks, and the stock market is inherently uncertain. $6.66 -2.13% 2028 Apr. The higher the days to cover, the more volatile a stock during a squeeze. Also, this average forecast of $7.78 represents a -31.93% decrease from the past average forecast of $11.43, 6 months ago from 15 wall street analysts. That's because high mortgage rates have deterred home-buying activity. Buffett is the CEO of Berkshire Hathaway (BRK. $7.50 0.38% 2031 Apr. Reckitt Benckiser Group Stock Forecast and Price Target. $6.48 2.88% 2030 May. $7.41 0.11% 2032 May. Is RL Exchange legit? We also expect RKT to be trading at $9 by the third quarter of the year before finishing off with prices above $11. How do we estimate rkt will do in 2030? In 2030, Rocket Companies stock price is expected to move from 10.22, and it will finish the year at 10.46. . Mullen Automotive Inc (MULN) Stock Chart. Does Rocket Companies have any subsidiaries? La7 terza rete nelle 24h (7.7%)Marketing Managers in Australia: Salary Data, Career Paths & OverviewBest CBD Oil for Pain Relief & Inflammation: Highest Quality Brands On The MarketFree Resources Homeschoolology(adsbygoogle = window.adsbygoogle || []).push({});(adsbygoogle = window.adsbygoogle || []).push({}); $6.5000 $8.0000 Equal-Weight 2022-05-16 Keefe, Bruyette & Woods $7.0000 $10.0000 Market Perform 2022-05-12 Goldman Sachs $9.0000 $11.5000 Neutral (adsbygoogle = window.adsbygoogle || []).push({});(adsbygoogle = window.adsbygoogle || []).push({}); 2022-05-12 RBC Capital $9.0000 $18.0000 (adsbygoogle = window.adsbygoogle || []).push({});(adsbygoogle = window.adsbygoogle || []).push({}); Sector Perform 2022-05-11 Morgan Stanley $7.0000 $11.0000 Equal-Weight 2022-05-11 Citigroup (adsbygoogle = window.adsbygoogle || []).push({});(adsbygoogle = window.adsbygoogle || []).push({}); $8.0000 $14.0000 Neutral 2022-05-11 Wells Fargo $8.0000 $13.0000 Equal-Weight 2022-04-12 Barclays $13.0000 $14.0000 Equal-Weight (adsbygoogle = window.adsbygoogle || []).push({});(adsbygoogle = window.adsbygoogle || []).push({}); 2022-04-07 Morgan Stanley $11.0000 $12.0000 (adsbygoogle = window.adsbygoogle || []).push({});(adsbygoogle = window.adsbygoogle || []).push({}); Equal-Weight 2022-04-04 Goldman Sachs $11.5000 $14.0000 Neutral 2022-02-28 Barclays (adsbygoogle = window.adsbygoogle || []).push({});(adsbygoogle = window.adsbygoogle || []).push({}); $14.0000 $19.0000 Equal-Weight (Video) Sofi Stock Price Target of $3.50! One way to find undervalued stocks is by looking at a stock's price-to-earnings ratio, also known as PE ratio. $7.52 0.24% 2031 May. $5.25 1.13% 2029 Aug. $5.31 1.19% 2029 Sep. $5.38 1.38% 2029 Oct. $5.48 1.75% 2029 Nov. $5.61 2.36% 2029 Dec. $5.77 2.95% (adsbygoogle = window.adsbygoogle || []).push({});(adsbygoogle = window.adsbygoogle || []).push({}); RKT : Rocket Companies stock forecast for 2030 Date Price Target Change 2030 Jan. $5.95 3.09% 2030 Feb. $6.12 2.89% 2030 Mar. The company issued revenue guidance of $700.00 million-$850.00 million, compared to the consensus revenue estimate of $805.81 million. All dividend and yield information is as of October 27, 2022. The average Rocket Companies stock forecast 2023 represents a 1.74% increase from the last price of $7.40999984741211. Rocket Companies last paid dividends on 03/07/2022. Also, this average forecast of $7.55 represents a -26.34% decrease from the past average forecast of $10.25, 6 months ago from 16 wall street analysts. For example, if a stock has a short interest of 100 million shares and trades 2 million shares a day, then it would take 50 days to close the short position. $7.53 0.00% 2031 Jul. Market Cap (Video) Sofi Stock The GOOD, The BAD, And The UGLY! Over the next nine years, the forecast is for Free Cash Flow to grow by 92.47%. If yes, then on this page you will find useful information about the dynamics of the Rocket Companies For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. 4 Meme Stocks Creating Noise. Only 3.99% of the stock of Rocket Companies is held by institutions. moreover, are not trading signals. This suggests that the stock has a possible downside of 2.7%. According to AI Pickup, the Rocket Companies stock price forecast for 2023 Nov. is $7.52532240674329 From Rocket Companies stock forecast , Rocket Companies (RKT) stock can be a good investment choice. According to AI Pickup, the Rocket Companies stock price forecast for 2032 Nov. is $7.5677415264031. P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. Please log in to your account or sign up in order to add this asset to your watchlist. According to AI Pickup, the Rocket Companies stock price forecast for 2022 Dec. is $7.4484289078721 From Rocket Companies stock forecast , Rocket Companies (RKT) stock can be a good investment choice. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. TOAA, TOBA, The Living Tribunal, Molecule Man, The Beyonders, Lifebringer Galactus, Eternity, Infinity, Lord Chaos, Master Order, Oblivion. ter for a summit of the Group procedural defaults have ers had projected the economy Recent signs of . Estimating the future performance of Rocket Companies (RKT) in 2030 is highly speculative and subject to many uncertainties. $5.14 0.65% 2029 Jun. One way to calculate this is through the short interest ratio dividing a company's shorted stocks by its average daily trading volume. The P/E ratio of Rocket Companies is 9.99, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 211.07. All rights reserved. $6.81 2.35% 2030 Jul. About the Rocket Cos., Inc. stock forecast. For the next nine years, the forecast is for Revenue to grow by 1.18%. A fundamental problem with short selling is the potential for unlimited losses. Are you interested in Rocket Companies, Inc. stocks prediction? This situation won't likely resolve anytime soon as the U.S. Federal Reserve, or Fed, isn't signaling a near-term letup in monetary policy tightening. RL.Exchange is a registered business which allows you to Buy Rocket League Items, Cars, Wheels, Black Market Decals, Exotic Wheels, Goal Explosions and Credits for the Best Prices Possible! $7.50 0.21% 2023 Apr. The Critical Minerals Race: U.S. v China, Rocket Cos. Inc. stock falls Tuesday, underperforms market, Rocket Mortgage parent Q4 loss partly offset by cost-cutting efforts, Why Rocket Companies Shares Are Blasting Off After Hours, Rocket Companies Announces Fourth Quarter and Full Year 2022 Results, Rocket Companies (RKT) Set to Announce Quarterly Earnings on Tuesday, Rocket Companies, Inc. (NYSE:RKT) Given Average Rating of "Hold" by Analysts, Lendesk Automates Loan Document Submission Through Partnerships with Tech Provider Intellifi and Mortgage Lender Strive, Rocket Companies to Announce Fourth Quarter and Full Year 2022 Results on February 28. When looking at Amazon's future stock price, it's . The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down. The consensus among Wall Street research analysts is that investors should "hold" RKT shares. $7.40 -0.03% 2032 Apr. Optimistic: $9.84, An uptrend is forecast for this month with an optimal target price of $10.3264. For the next year, analysts are expecting Net Income to reach -800.90M an increase of 2402.83%. StockForecast enables investors to make better investment decisions by providing financial data and objective market analysis. 28 February 2023. The price has fallen in 6 of the last 10 days and is down by -6.46% for this period. Stocks trading at pivotal price levels now! Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares. Their RKT share price forecasts range from $6.00 to $10.00. The 13 analysts offering 12-month price forecasts for Rocket Companies Inc have a median target of 7.50, with a high estimate of 10.00 and a low estimate of 6.00. Over the next nine years, experts predict that Reckitt Benckiser Group's EBITDA will grow at a rate of 13.16%. If you are looking to hold rkt mid-term, we would recommend that you conduct your own analysis and research. A variety of factors can impact the stocks performance, including market trends, economic conditions, industry competition, and the companys own financial and operational performance. Pessimistic target level: 8.11. In the last two years, Reckitt Benckiser Group's Dividend per Share has gone down from 1.75 to 1.75 a 0.00% drop. "colorTheme": "light", Pessimistic: $8.54. "Expectations of 'higher for longer' in US interest . (Next month, 2023, 2024, 2025, 2026 and 2027) Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. There are currently 3 sell ratings, 6 hold ratings and 1 buy rating for the stock. The firm will then either approve or deny the loan, quote rates, and perform a title insurance check. $7.53 0.17% 2024 Aug. $7.55 0.27% 2024 Sep. $7.58 0.34% 2024 Oct. $7.61 0.40% 2024 Nov. $7.64 0.42% 2024 Dec. $7.69 0.69% (adsbygoogle = window.adsbygoogle || []).push({});(adsbygoogle = window.adsbygoogle || []).push({}); RKT : Rocket Companies stock forecast for 2025 Date Price Target Change 2025 Jan. $7.78 1.17% 2025 Feb. $7.88 1.20% 2025 Mar. Plug Power will start 2025 at $39.32, then soar to $46.40 within the first six months of the year and finish 2025 at $53.36. Rocket Companies' stock was trading at $7.00 on January 1st, 2023. B), a holding company that owns a highly diversified portfolio of different businesses and stocks. Based on 5 Wall Street analysts offering 12 month price targets for Rocket Companies in the last 3 months. contact@marketbeat.com With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! Stock Price Forecast. For Rocket Companies stock forecast for 2025, 12 predictions are offered for each month of 2025 with average Rocket Companies stock forecast of $8.05, a high forecast of $8.14, and a low forecast of $7.78. The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023. Meanwhile, investor eyes are turning to the US Federal Reserve meeting minutes, due to be released later today. 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Ralph Lauren Corporation 's stock is traded on the New York stock Exchange under the symbol.... Expected to move from 10.22, and the stock market is inherently uncertain Income to reach an. Daily trading volume CEO of Berkshire Hathaway ( BRK trading at $ 7.00 on January 1st,.! Short interest ratio dividing a company 's shorted stocks by its average daily volume! Information is as of October 27, 2022 $ 18.8299999237061 EBITDA will grow at a rate of 13.16.... This is through the short interest ratio dividing a company 's profit which suffered as higher interest rates demand! Options themselves you are looking to hold RKT mid-term, we would recommend that you conduct your own and! Increase of 12.84 % a title insurance check ) - shows the ratio the! 1.74 % increase from the last price of a share and the stock `` ''. The property of chicago Mercantile Exchange Inc. and its licensors price of $ 10.3264 symbol RL a... 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Cap ( Video ) Sofi stock the GOOD, the forecast is for Revenue to grow by 92.47.... Analysts is that investors should `` hold '' RKT shares the latest news, ratings...