Introduction
Rocket Companies Inc. listed on the New York Stock Exchange (NYSE: RKT), commonly known as Red Rock Real Estate, is one of the largest holding companies in the field of fintech, as well as offering financial and mortgage services in the United States and Canada. Since investors seek to invest and make money out of it, it is crucial to look at fundamentals, market, account and financial analysis, past and future stock price. To be precise, this article aims at presenting a financial and market analysis coupled with suggesting rocket stock price prediction.
Company Overview
Rocket Companies Inc. (NYSE: RKT: or Rocket Companies, Inc. is a fintech holding company which is engaged in Mortgage banking, title insurance, and real estate operations in the USA and Canada. They include Rocket Mortgage and Amrock Recommend it to: Homeowners Banks/Financial firms.
| Detail | Information |
| Company Name | Rocket Companies Inc. |
| Stock Symbol | NYSE: RKT |
| Industry | Fintech and Mortgage |
| Headquarters | Detroit, Michigan, USA |
| Key Subsidiaries | Rocket Mortgage, Amrock |
| Primary Services | Mortgage Lending, Real Estate Services, Title Insurance |
Current Market Analysis
Currently the stock is at $ 10.82, further down by 1.4600 as on January 7, 2025. The following results indicate that the market is rather average in volatility with the beta of 1.52. Analysts still see the grey areas for long term growth despite of existing decline trends due to diversified product portfolio.
Key Fundamentals
| Metric | Value |
| Market Cap | $21.9 Billion |
| 52-Week Range | $10.67 – $21.38 |
| bShares Outstanding | 144.92 Million |
| Public Float | 135.07 Million |
| Beta | 1.52 |
| Revenue Per Employee | $302.65K |
| EPS | -$0.15 |
| Yield | 0.00% |
| Dividend | $1.01 |
| Ex-Dividend Date | March 7, 2022 |
| Short Interest | 16.32 Million |
| % of Float Shorted | 12.08% |
| Average Volume | 3.35 Million |
Shareholding Pattern
Rocket Companies Inc. (NYSE: RKT has relatively significant ownership by institutions, insiders, and others, which is a feature distinguishing RKT from other competitors.
| Category | Percentage of Shares Held |
| Institutional Investors | 71.06% |
| Insiders | 6.30% |
| Public and Others | 22.64% |
Stock Performance
The stock performance of Rocket Companies Inc. has been moving up and down over time in reaction to market forces and investors’ perception. Although shortfalls are seen in the short run, the firm’s long run prospect is pegged on its operational efficiency and flexibility to address industry challenges.
| Metric | Value |
| Current Price | $10.82 |
| Change (Today) | -$0.16 (-1.46%) |
| After Hours Price | $10.95 (+1.20%) |
| Open Price | $10.95 |
| Day High | $11.14 |
| Day Low | $10.67 |
Financial Analysis
Rocket Companies Inc. has experienced operating and net income losses and revenue volatility. Nonetheless, the company has demonstrated the ability to stand its ground by having better cash flow and other operational strategies to sustain it in the facially competitive fintech and mortgage industry.
Income Statement
| Metric | 2023 Value |
| Revenue | $4.01B |
| Operating Expense | $4.05B |
| EBITDA | $67.35M |
Balance Sheet
| Metric | 2023 Value |
| Total Assets | $19.23B |
| Total Liabilities | $10.93B |
| Total Equity | $8.30B |
Cash Flow
| Metric | 2023 Value |
| Cash From Operations | $110.33M |
| Cash From Investing | $861.15M |
| Free Cash Flow | $1.76B |
Rocket Stock Price Prediction 2025 to 2030 Yearly
| Year | Minimum Price | Maximum Price |
| 2025 | $11.50 | $12.50 |
| 2026 | $13.0 | $14.00 |
| 2027 | $15.50 | $16.50 |
| 2028 | $17.50 | $19.00 |
| 2029 | $19.50 | $21.50 |
| 2030 | $22.50 | $24.00 |
Rocket Stock Price Prediction2025 Monthly Breakdown
| Month | Minimum Price | Maximum Price |
| January | $10.90 | $11.00 |
| February | $11.10 | $11.25 |
| March | $11.30 | $11.50 |
| April | $11.50 | $11.75 |
| May | $11.80 | $12.00 |
| June | $12.00 | $12.25 |
| July | $12.20 | $12.50 |
| August | $12.30 | $12.60 |
| September | $12.40 | $12.70 |
| October | $12.50 | $12.90 |
| November | $12.60 | $13.00 |
| December | $12.80 | $13.20 |
Rocket Stock Price Prediction 2025
Rocket Companies Inc. is predicted to experience a moderate degree of growth in the year 2025, having captured strategic business levels, through changes is market sentiment and efficiency in the financial technology as well as mortgage industry.
| Year | Minimum Price | Maximum Price |
| 2025 | $11.50 | $12.50 |
Rocket Stock Price Prediction 2026
Rocket Companies may record consistent growth for the year 2026 with optimum improvements in operations as reflected in the efficient cash flow and growth diversification policies.
| Year | Minimum Price | Maximum Price |
| 2026 | $13.00 | $14.00 |
Rocket Stock Price Prediction 2027
In 2027, Rocket Companies should be in a position to use its technologies to increase the company’s market fronts to enhance its stability.
| Year | Minimum Price | Maximum Price |
| 2027 | $15.50 | $16.50 |
Rocket Stock Price Prediction 2028
market leadership strategy and steady growth in demand for Rocket Companies’ unique services, analysts expect another round of stock price increase by 2028.
| Year | Minimum Price | Maximum Price |
| 2028 | $17.50 | $19.00 |
Rocket Stock Price Prediction 2029
The forecasted Rocket Companies in 2029 is expected to demonstrate steady growth, and continuous and ongoing growth in revenues while investors remaining confident in its business operations.
| Year | Minimum Price | Maximum Price |
| 2029 | $19.50 | $21.50 |
Rocket Stock Price Prediction 2030
Rocket Companies in the year 2030 is poised for greater heights with steady accretion of its financial strength, sustaining technological development and market expansion.
| Year | Minimum Price | Maximum Price |
| 2030 | $22.50 | $24.00 |
Factors Influencing Stock Price
Economic Indicators: Borrowing of mortgages is affected by difference interest rates and changes in the inflation rates.
Industry Performance: This is made worse by a competitive fintech structure which increases the vulnerability of price fluctuations.
Company-Specific Factors: All these changes can directly impact revenue growth and cost management and innovation in services translate to performance on the stock market.
Risks and Challenges
High Operating Costs: Cost remains higher than the income.
Market Volatility: It is very difficult to predict the short term volatility of a security’s prices.
Regulatory Risks: It means that there are possible changes in the financial regulations that affect the functioning of the company.
Future Growth Prospects
Rocket Companies is expected to bring efficiency changes in the mortgage and fintech industries using technology. Long-term growth is expected on the basis of such elements as significant investments and market diversification.
Conclusion
Rocket Companies Inc. has its strengths and weaknesses for investors. The company’s future is promising since it has great backing in the fintech niche and a diverse product offering. But to make smart decisions it is crucial to constantly monitor financial results and market environment. The enlarged findings and forecast of the stock prices in the period 2025-2030 enable a clear vision of possible growth.
Also Read: Unitech Share Price Target 2025-2030: Detailed Analysis, Predictions, and Growth Prospects
FAQs
1. What line of business is Rocket Companies Inc. in?
Rocket Companies deals mainly within the financial sector offering mortgage lending and a range of other services, and its two biggest units are Rocket Mortgage and Amrock.
2. Which parts of Rocket Companies face the most risk?
The company’s share has a moderate risk with a Beta of 1.52 which means that the company has on average market sensitivity.
3. Can you predict the stock price for the year 2025?
The stock will also be valued $15.50.
Disclaimer
The insights and predictions presented in this article are meant for educational and informational purposes only. They are not intended as a professional financial advice. You are advised to conduct your own analysis or consult with a professional trained in this field prior to making any investment decisions.
