Stocks of Rocket Companies Inc (NYSE:RKT) traded higher last session on Wall Street, up 2.12% to $14.48.
RKT stock price is now 11.54% away from the 50-day moving average and 7.35% away from the 200-day moving average. The market capitalization of the company currently stands at $28.96B.
With the price target maintained at $14, Barclays recently Upgraded its rating from Underweight to Equal Weight for Rocket Companies Inc (NYSE: RKT). On April 02, 2025, Keefe Bruyette Upgraded its previous ‘Underperform’ rating to ‘Mkt Perform’ on the stock keeping its target price maintained at $14, while ‘Deutsche Bank’ rates the stock as ‘Buy’
A total of 8.56% of the company’s stock is owned by insiders.
During the past 12 months, Rocket Companies Inc has had a low of $9.52 and a high of $20.23. As of last week, the company has a debt-to-equity ratio of 25.35, a current ratio of 0.35, and a quick ratio of 0.35. The fifty day moving average price for RKT is $12.982 and a two-hundred day moving average price translates $13.9912 for the stock.
The latest earnings results from Rocket Companies Inc (NYSE: RKT) was released for 2025-03-31. The net profit margin was 0.06% and return on equity was 0.45% for RKT. The company reported revenue of $1.04 billion for the quarter, compared to $1.38 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -25.04 percent.
