Rocket Companies (RKT) stock forecast for 2023
Last update: September 20, 2023 (11:25)
Sector: FinancialThe share price of Rocket Companies, Inc. (RKT) now
50/200 Day Moving Average: $10.5 / $9.04
This figure corresponds to the Average Price over the previous 50/200 days. For Rocket Companies stocks, the 50-day moving average is the resistance level today.
For Rocket Companies stocks, the 200-day moving average is the resistance level today.
Are you interested in Rocket Companies stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Rocket Companies stock price in 2023. How much will one Rocket Companies share be worth in 2023? Is it worth taking profit / loss on Rocket Companies stock now or waiting? What are analysts' forecasts for Rocket Companies stock?
We forecast Rocket Companies stock performance using neural networks based on historical data on Rocket Companies stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Rocket Companies stock prediction results are shown below and presented as a graph, table and text information.
Rocket Companies stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Rocket Companies analysts is $10.15.
Today 200 Day Moving Average is the support level (9.04 $).
50 Day Moving Average is the resistance level (10.5 $).
Historical and forecast chart of Rocket Companies stock
The chart below shows the historical price of Rocket Companies stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Rocket Companies stock price can be found in the table below.
Rocket Companies (RKT) Forecast for 2023
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Oct | 10.32 | 10.03 | 10.71 | 6.34 % |
| Nov | 11.43 | 10.60 | 12.46 | 14.90 % |
| Dec | 12.08 | 11.59 | 13.36 | 13.29 % |
Rocket Companies information and performance
Rocket Companies Inc operates from Detroit. The company specializes in simple and fast digital solutions for complex personal transactions. Rocket Companies serves clients in Michigan.
1050 WOODWARD AVENUE, DETROIT, MI, US
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Rocket Companies price target for 2023 by month
Target values for the price of one Rocket Companies share for Oct 2023.
In Oct, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 6.340% volatility is expected.
Pessimistic target level: 10.03
Optimistic target level: 10.71
Target values for the price of one Rocket Companies share for Nov 2023.
In Nov, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 14.904% volatility is expected.
Pessimistic target level: 10.60
Optimistic target level: 12.46
Target values for the price of one Rocket Companies share for Dec 2023.
In Dec, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 13.287% volatility is expected.
Pessimistic target level: 11.59
Optimistic target level: 13.36
Rocket Companies (RKT) stock dividend
Rocket Companies last paid dividends on 03/07/2022. The next scheduled payment will be on 03/22/2022. The amount of dividends is $0 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.