Rocket Companies Inc. (RKT)
Rocket Companies Statistics
Share Statistics
Rocket Companies has 2B shares outstanding. The number of shares has increased by 0.41% in one year.
| Shares Outstanding | 2B |
| Shares Change (YoY) | 0.41% |
| Shares Change (QoQ) | 0.09% |
| Owned by Institutions (%) | 77.12% |
| Shares Floating | 1.82B |
| Failed to Deliver (FTD) Shares | 48.36K |
| FTD / Avg. Volume | 0.54% |
Short Selling Information
The latest short interest is 21.43M, so 1.07% of the outstanding shares have been sold short.
| Short Interest | 21.43M |
| Short % of Shares Out | 1.07% |
| Short % of Float | 1.18% |
| Short Ratio (days to cover) | 4.83 |
Valuation Ratios
The PE ratio is 54.07 and the forward PE ratio is 16.26. Rocket Companies's PEG ratio is -0.5.
| PE Ratio | 54.07 |
| Forward PE | 16.26 |
| PS Ratio | 0.31 |
| Forward PS | 3.1 |
| PB Ratio | 0.18 |
| P/FCF Ratio | -0.46 |
| PEG Ratio | -0.5 |
Enterprise Valuation
Rocket Companies has an Enterprise Value (EV) of 5.65B.
| EV / Sales | 1.11 |
| EV / EBITDA | 12.14 |
| EV / EBIT | -2.15 |
| EV / FCF | -1.65 |
Financial Position
The company has a current ratio of 7, with a Debt / Equity ratio of 0.59.
| Current Ratio | 7 |
| Quick Ratio | 7 |
| Debt / Equity | 0.59 |
| Debt / EBITDA | 11.47 |
| Debt / FCF | -1.55 |
| Interest Coverage | 7.21 |
Financial Efficiency
Return on Equity is 0.32% and Return on Invested Capital is 106.32%.
| Return on Equity | 0.32% |
| Return on Assets | 0.12% |
| Return on Invested Capital | 106.32% |
| Revenue Per Employee | $359.21K |
| Profits Per Employee | $2.07K |
| Employee Count | 14,200 |
| Asset Turnover | 0.21 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -32.22M |
| Effective Tax Rate | -4.82% |
Stock Price Statistics
The stock price has increased by 9.44% in the last 52 weeks. The beta is 2.36, so Rocket Companies's price volatility has been higher than the market average.
| Beta | 2.36 |
| 52-Week Price Change | 9.44% |
| 50-Day Moving Average | 13.5 |
| 200-Day Moving Average | 15.05 |
| Relative Strength Index (RSI) | 46.66 |
| Average Volume (20 Days) | 8.88M |
Income Statement
In the last 12 months, Rocket Companies had revenue of 5.1B and earned 29.37M in profits. Earnings per share was 0.21.
| Revenue | 5.1B |
| Gross Profit | 5.1B |
| Operating Income | 3.38B |
| Net Income | 29.37M |
| EBITDA | 465.38M |
| EBIT | 352.46M |
| Earnings Per Share (EPS) | 0.21 |
Balance Sheet
The company has 1.27B in cash and 5.34B in debt, giving a net cash position of -4.06B.
| Cash & Cash Equivalents | 1.27B |
| Total Debt | 5.34B |
| Net Cash | -4.06B |
| Retained Earnings | 312.83M |
| Total Assets | 24.51B |
| Working Capital | 1.09B |
Cash Flow
In the last 12 months, operating cash flow was -2.63B and capital expenditures -805.11M, giving a free cash flow of -3.43B.
| Operating Cash Flow | -2.63B |
| Capital Expenditures | -805.11M |
| Free Cash Flow | -3.43B |
| FCF Per Share | -24.35 |
Margins
Gross margin is 100%, with operating and profit margins of 66.33% and 0.58%.
| Gross Margin | 100% |
| Operating Margin | 66.33% |
| Pretax Margin | 13.1% |
| Profit Margin | 0.58% |
| EBITDA Margin | 9.12% |
| EBIT Margin | 66.33% |
| FCF Margin | -67.33% |
Dividends & Yields
RKT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 1.85% |
| FCF Yield | -216.26% |
Analyst Forecast
The average price target for RKT is $14.5, which is 15.8% higher than the current price. The consensus rating is "Hold".
| Price Target | $14.5 |
| Price Target Difference | 15.8% |
| Analyst Consensus | Hold |
| Analyst Count | 12 |
Scores
| Altman Z-Score | 1.39 |
| Piotroski F-Score | 6 |