Chiron Capital Management LLC bought a new position in Rocket Companies in the first quarter valued at approximately $177,000. now owns 216,979 shares of the company’s stock valued at $3,038,000 after purchasing an additional 134,676 shares in the last quarter. grew its stake in Rocket Companies by 163.6% in the fourth quarter. Hedge funds have recently bought and sold shares of the stock. According to data from MarketBeat, Rocket Companies has an average rating of “Hold” and a consensus price target of $10.38. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company’s stock. Finally, Citigroup cut Rocket Companies from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $14.00 to $8.00 in a report on Wednesday, May 11th. The Goldman Sachs Group decreased their target price on Rocket Companies from $14.00 to $11.50 and set a “neutral” rating on the stock in a report on Monday, April 4th. Wells Fargo & Company upgraded Rocket Companies from an “equal weight” rating to an “overweight” rating and set a $10.00 target price on the stock in a report on Wednesday, July 6th. Keefe, Bruyette & Woods upgraded Rocket Companies from an “underperform” rating to a “market perform” rating and lowered their price target for the company from $10.00 to $7.00 in a research report on Sunday, May 15th. Morgan Stanley lowered their price target on Rocket Companies from $12.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 7th. Wall Street Analyst Weigh InĪ number of analysts have weighed in on the company. will post 0.26 EPS for the current fiscal year. On average, sell-side analysts expect that Rocket Companies, Inc.

During the same quarter in the previous year, the business posted $0.55 earnings per share. The firm’s quarterly revenue was down 52.2% compared to the same quarter last year. Rocket Companies had a return on equity of 31.45% and a net margin of 2.16%. The firm had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $2.24 billion. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04). Rocket Companies ( NYSE:RKT – Get Rating) last posted its quarterly earnings data on Tuesday, May 10th. The stock has a 50-day simple moving average of $8.25 and a 200 day simple moving average of $10.28. The company has a market cap of $18.99 billion, a PE ratio of 5.81, a PEG ratio of 3.52 and a beta of 1.41. The company has a debt-to-equity ratio of 1.40, a quick ratio of 13.54 and a current ratio of 13.54. The stock was bought at an average price of $7.15 per share, for a total transaction of $199,485.00.

On Thursday, June 23rd, Jay Farner purchased 27,900 shares of Rocket Companies stock.

The stock was bought at an average price of $7.73 per share, for a total transaction of $199,434.00.

On Monday, June 27th, Jay Farner purchased 25,800 shares of Rocket Companies stock.

The stock was bought at an average price of $7.22 per share, for a total transaction of $199,272.00.

On Wednesday, June 29th, Jay Farner purchased 27,600 shares of Rocket Companies stock.

The stock was bought at an average price of $7.61 per share, for a total transaction of $200,143.00.

On Friday, July 1st, Jay Farner purchased 26,300 shares of Rocket Companies stock.

The stock was bought at an average price of $7.85 per share, for a total transaction of $199,390.00.

On Tuesday, July 5th, Jay Farner purchased 25,400 shares of Rocket Companies stock.

The shares were purchased at an average price of $8.67 per share, for a total transaction of $199,410.00.

On Thursday, July 7th, Jay Farner acquired 23,000 shares of Rocket Companies stock.The shares were purchased at an average price of $8.64 per share, for a total transaction of $199,584.00. On Monday, July 11th, Jay Farner acquired 23,100 shares of Rocket Companies stock.The shares were purchased at an average price of $8.65 per share, for a total transaction of $199,815.00. On Wednesday, July 13th, Jay Farner acquired 23,100 shares of Rocket Companies stock.The shares were purchased at an average price of $8.91 per share, for a total transaction of $199,584.00. On Friday, July 15th, Jay Farner acquired 22,400 shares of Rocket Companies stock.The shares were purchased at an average price of $9.11 per share, for a total transaction of $199,509.00. On Monday, July 18th, Jay Farner acquired 21,900 shares of Rocket Companies stock.

Rocket companies stock