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Rocket Companies, Inc. (NYSE:RKT – Get Rating) CEO Jay Farner acquired 23,100 shares of Rocket Companies stock in a transaction dated Monday, June 6th. The shares were bought at an average cost of $8.66 per share, with a total value of $200,046.00. Following the transaction, the chief executive officer now owns 2,498,707 shares in the […]
A number of research firms have changed their ratings and price targets for Rocket Companies (NYSE: RKT): 5/19/2022 – Rocket Companies had its price target lowered by analysts at Credit Suisse Group AG to $9.00. They now have a “neutral” rating on the stock. 5/17/2022 – Rocket Companies had its price target lowered by analysts […]
Rocket Companies (NYSE:RKT – Get Rating) had its price objective decreased by stock analysts at Credit Suisse Group to $9.00 in a research note issued on Thursday, Stock Target Advisor reports. The brokerage presently has a “neutral” rating on the stock. Credit Suisse Group’s target price points to a potential upside of 0.45% from the […]
Origination volume dropped in Q1 but banks and non-bank lenders that sold off mortgage servicing rights saw the highest profits, earnings.
Investor sentiment is awful right now for the mortgage originators, but is there light at the end of the tunnel?