Page 5 - Rocket Auto News Today

The publicly traded parent company of Rocket Mortgage had experienced a major decline in business when mortgage rates started climbing in early 2022.

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Rocket Companies, Inc. (NYSE:RKT – Free Report) – Wedbush decreased their Q2 2023 earnings per share estimates for shares of Rocket Companies in a report released on Thursday, July 6th. Wedbush analyst H. Coffey now expects that the company will post earnings per share of ($0.07) for the quarter, down from their previous estimate of […]

Rocket Companies, Inc. (NYSE:RKT – Free Report) shot up 4.2% during trading on Wednesday . The stock traded as high as $9.36 and last traded at $9.35. 687,446 shares changed hands during trading, a decline of 72% from the average session volume of 2,460,443 shares. The stock had previously closed at $8.97. Analyst Ratings Changes […]

Rocket Companies, Inc. (NYSE:RKT – Free Report)’s share price dropped 4.1% during trading on Thursday . The company traded as low as $9.01 and last traded at $9.01. Approximately 1,154,736 shares changed hands during trading, a decline of 54% from the average daily volume of 2,484,904 shares. The stock had previously closed at $9.40. Wall […]

Shares of Rocket Companies, Inc. (NYSE:RKT – Free Report) have received an average rating of “Reduce” from the ten research firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and one has given a buy recommendation to […]

Shares of Rocket Companies, Inc. (NYSE:RKT – Get Rating) have been given a consensus recommendation of “Reduce” by the ten brokerages that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has issued a buy recommendation on the company. The […]

Junto Capital Management LP acquired a new stake in Rocket Companies, Inc. (NYSE:RKT – Get Rating) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 1,897,022 shares of the company’s stock, valued at approximately $13,279,000. Junto Capital Management LP owned about 0.10% of Rocket Companies […]

Argus upgraded shares of Rocket Companies (NYSE:RKT – Get Rating) from a sell rating to a hold rating in a research note issued to investors on Monday, The Fly reports. RKT has been the topic of a number of other research reports. Citigroup upped their target price on shares of Rocket Companies from $8.00 to […]

Rocket Companies (NYSE:RKT – Get Rating) had its price objective upped by Piper Sandler from $7.50 to $8.00 in a research report report published on Monday morning, The Fly reports. Several other analysts have also recently weighed in on the stock. Credit Suisse Group reissued an underperform rating and issued a $7.00 price target on […]