Rocket Companies, Inc. traded at $14.11 this Tuesday August 4th, increasing $0.43 or 3.14 percent since the previous trading session. Looking back, over the last four weeks, Rocket Companies gained 9.26 percent. Over the last 12 months, its price fell by 21.74 percent. Looking ahead, we forecast Rocket Companies, Inc. to be priced at 12.63 by the end of this quarter and at 11.84 in one year, according to Trading Economics global macro models projections and analysts expectations.
Rocket Companies, Inc. is a financial technology company consisting of mortgage, real estate, and personal finance business. The Company’s segments include Direct to Consumer, and Partner Network. In the Direct-to-Consumer segment, clients have the ability to interact with Rocket Mortgage online and/or with the Company’s mortgage bankers. The Company markets various brand campaigns and performance marketing channels to clients through its Direct-to-Consumer segment. It also includes title insurance, appraisals, and settlement services. Partner Network segment leverages its client service and brands to grow marketing and influencer relationships, and its mortgage broker partnerships through Rocket Pro third-party origination (TPO). The Company consists of personal finance and consumer technology brands, including Rocket Mortgage, Rocket Homes, Amrock, Rocket Money, Rocket Loans, Rocket Mortgage Canada, Lendesk, Core Digital Media, and Rocket Connections.