Rocket Companies Inc Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 49.80
Dividend & YieldN/A$ (N/A)
Beta 1.97
Market capitalization 17.17B
Operating cash flow N/A
ESG Scores unknown

Company description

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, an automotive retail marketplace that provides centralized and virtual car sales support to online car purchasing platforms; and Rocket Loans, an online-based personal loans business. It also offers Core Digital Media, a digital social and display advertiser in the mortgage, insurance, and education sectors; Rocket Solar, which connect homeowners with digital financing solutions through a team of trained solar advisors; Rocket Money, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a technology services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; and Edison Financial, a digital mortgage broker. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings, Inc.

Sector: Financial Services - Industry: Mortgage Finance

Financial Ratios
Quick Ratio7.17
Working Capital0.01
Return On Equity0.46
Debt To Equity26.48
Fixed Asset Ratio0.04
Fixed Interest Cover13.57

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 64.67M 94.56M 11.17M -155.21M
Total Cashflows From Investing Activities 71.89M 517.2M -664.85M 578.74M
Net Borrowings 7.44B 6.94B -2.72B -10.5B
Total Cash From Financing Activities 7.23B 1.76B -6.92B -12.82B
Change To Operating Activities -29.88M -241.08M 125.48M -324.27M
Issuance Of Stock 1.75B 1.75B 41.98M 37.76M
Net Income 197.95M 308.21M 46.42M
Change In Cash 319.4M 598.38M 157.49M -1.42B
Effect Of Exchange Rate 877k 885k -115k -949k
Total Cash From Operating Activities -6.98B -1.68B 7.74B 10.82B
Depreciation 74.95M 74.32M 74.71M 94.02M
Change To Account Receivables
Other Cashflows From Financing Activities -210.94M -5.56B
Change To Netincome -7.99B -1.8B 7.22B 11.16B
Capital Expenditures -48.84M -106.35M -118.29M -93.12M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 904.44M 9.53B 6.18B 741.91M
Net Income 197.95M 308.21M 46.42M
Selling General Administrative 3.67B 5.24B 5.79B 4.65B
Gross Profit 5.2B 15.9B 13.18B 6B
Ebit 1.18B 9.96B 6.68B 1.06B
Operating Income 1.18B 9.96B 6.68B 1.06B
Interest Expense -271.77M -431.82M -491.89M -319.98M
Income Tax Expense 7.31M 132.38M 112.74M 41.98M
Total Revenue 5.2B 15.9B 13.18B 6B
Cost Of Revenue
Total Other Income ExpenseNet -271.77M -431.82M -491.89M -319.98M
Net Income From Continuing Ops 9.4B 9.4B 6.07B 699.93M
Net Income Applicable To Common Shares 197.95M 197.95M 308.06M 46.4M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 16.61B 29.65B 23.02B 11.61B
Total Stockholder Equity 3.51B 490.5M 665.66M 576.7M
Other Current Liabilities 43.79M 506.07M 19.91M 25.12M
Total Assets 20.12B 37.53B 32.77B 20.08B
Common Stock 3.51B 20k 20k 20k
Other Current Assets 13.48B 23.34B 19.48B 7.58B
Retained Earnings 207.42M 378M 300.39M
Treasury Stock -151k 317k 81k 69k
Cash 1.39B 1.97B 2.13B 722.29M
Total Current Liabilities 431.9M 998.22M 303.61M 1.52B
Other Stockholder Equity -151k 317k 81k 69k
Property, Plant, and Equipment 455.37M 449.71M 682.27M 640.38M
Total Current Assets 16.55B 33.45B 24.73B 10.6B
Net Tangible Assets 3.47B 443.27M -631.26M -682.22M
Net Receivables 1.04B 6.1B 2.44B 2.08B
Accounts Payable 157.4M 251.96M 271.54M 116.33M


Insider Transactions

Here are the insider transactions of stock shares related to Rocket Companies Inc Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
RIZIK MATTHEWPurchase at price 6.95 per share.D2022-12-27Director2k
RIZIK MATTHEWPurchase at price 7.30 - 7.31 per share.D2022-12-23Director5.9k
RIZIK MATTHEWPurchase at price 7.61 - 7.94 per share.D2022-12-21Director8.3k
FARNER JAYPurchase at price 7.91 per share.D2022-12-19Chief Executive Officer1k
RIZIK MATTHEWPurchase at price 7.90 - 8.00 per share.D2022-12-16Director5.5k
FARNER JAYPurchase at price 7.90 - 8.00 per share.D2022-12-16Chief Executive Officer50.2k
RIZIK MATTHEWPurchase at price 8.31 - 8.70 per share.D2022-12-14Director7.7k
FARNER JAYPurchase at price 8.31 - 8.70 per share.D2022-12-14Chief Executive Officer71k
RIZIK MATTHEWPurchase at price 8.46 per share.D2022-12-09Director5.2k
FARNER JAYPurchase at price 8.45 - 8.47 per share.D2022-12-09Chief Executive Officer47.2k
RIZIK MATTHEWPurchase at price 8.14 - 8.54 per share.D2022-12-07Director7.8k
FARNER JAYPurchase at price 8.15 - 8.54 per share.D2022-12-07Chief Executive Officer72k
RIZIK MATTHEWPurchase at price 8.33 - 8.43 per share.D2022-12-02Director5.2k
FARNER JAYPurchase at price 8.32 - 8.42 per share.D2022-12-02Chief Executive Officer47.7k
RIZIK MATTHEWPurchase at price 7.56 - 7.89 per share.D2022-11-30Director8.4k
FARNER JAYPurchase at price 7.56 - 7.89 per share.D2022-11-30Chief Executive Officer77.4k
RIZIK MATTHEWPurchase at price 7.71 per share.D2022-11-25Director2.8k
FARNER JAYPurchase at price 7.71 per share.D2022-11-25Chief Executive Officer25.9k
RIZIK MATTHEWPurchase at price 7.37 - 7.50 per share.D2022-11-23Director8.7k
FARNER JAYPurchase at price 7.38 - 7.50 per share.D2022-11-23Chief Executive Officer80.6k
RIZIK MATTHEWPurchase at price 7.48 - 7.50 per share.D2022-11-18Director5.8k
FARNER JAYPurchase at price 7.49 - 7.50 per share.D2022-11-18Chief Executive Officer53.4k
RIZIK MATTHEWPurchase at price 7.72 - 8.49 per share.D2022-11-16Director5.4k
FARNER JAYPurchase at price 7.72 - 8.49 per share.D2022-11-16Chief Executive Officer49.5k
RIZIK MATTHEWPurchase at price 7.34 - 8.03 per share.D2022-11-14Director8.4k
FARNER JAYPurchase at price 7.36 - 8.03 per share.D2022-11-14Chief Executive Officer77.9k
RIZIK MATTHEWPurchase at price 6.25 - 6.58 per share.D2022-11-09Director10k
FARNER JAYPurchase at price 6.23 - 6.62 per share.D2022-11-09Chief Executive Officer92.7k
RIZIK MATTHEWPurchase at price 6.33 - 6.41 per share.D2022-11-04Director6.8k
FARNER JAYPurchase at price 6.32 - 6.41 per share.D2022-11-04Chief Executive Officer62.8k
RIZIK MATTHEWPurchase at price 6.80 - 6.96 per share.D2022-11-02Director9.5k
FARNER JAYPurchase at price 6.80 - 6.96 per share.D2022-11-02Chief Executive Officer87.1k
RIZIK MATTHEWPurchase at price 6.51 - 6.60 per share.D2022-10-28Director6.6k
FARNER JAYPurchase at price 6.51 - 6.60 per share.D2022-10-28Chief Executive Officer60.9k
RIZIK MATTHEWPurchase at price 6.30 - 6.80 per share.D2022-10-26Director9.8k
FARNER JAYPurchase at price 6.30 - 6.81 per share.D2022-10-26Chief Executive Officer90.8k
RIZIK MATTHEWPurchase at price 6.23 - 6.56 per share.D2022-10-21Director6.8k
FARNER JAYPurchase at price 6.23 - 6.56 per share.D2022-10-21Chief Executive Officer62.5k
RIZIK MATTHEWPurchase at price 6.70 - 7.01 per share.D2022-10-19Director9.3k
FARNER JAYPurchase at price 6.71 - 7.01 per share.D2022-10-19Chief Executive Officer86.8k
RIZIK MATTHEWPurchase at price 6.65 - 6.76 per share.D2022-10-14Director6.1k
FARNER JAYPurchase at price 6.67 - 6.77 per share.D2022-10-14Chief Executive Officer59.4k
RIZIK MATTHEWPurchase at price 6.67 - 6.77 per share.D2022-10-12Director9.6k
FARNER JAYPurchase at price 6.66 - 6.77 per share.D2022-10-12Chief Executive Officer89.7k
RIZIK MATTHEWPurchase at price 6.57 - 7.03 per share.D2022-10-07Director6.4k
FARNER JAYPurchase at price 6.56 - 7.02 per share.D2022-10-07Chief Executive Officer58.8k
RIZIK MATTHEWPurchase at price 6.51 - 7.04 per share.D2022-10-05Director9.5k
FARNER JAYPurchase at price 6.51 - 7.03 per share.D2022-10-05Chief Executive Officer87.9k
RIZIK MATTHEWPurchase at price 6.35 - 6.39 per share.D2022-09-30Director6.9k
FARNER JAYPurchase at price 6.35 - 6.40 per share.D2022-09-30Chief Executive Officer62.7k
RIZIK MATTHEWPurchase at price 6.65 - 6.94 per share.D2022-09-28Director9.5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Rocket Companies Inc Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Rocket Companies Inc Class A

Here is the result of two systematic investment strategies applied to Rocket Companies Inc Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Rocket Companies Inc Class A

The following chart shows the equity curve of the two systematic investment strategies applied to Rocket Companies Inc Class A:

Rocket Companies Inc Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -57.19% on the backtest period.

Performance at glance

Performance

-57.19 %

Latent gain

-1293.95 $

Invested capital

2262.55 $

Annualized return

-13.81 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Rocket Companies Inc Class A

This is the result of two momentum investment strategies applied to Rocket Companies Inc Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Rocket Companies Inc Class A

The following chart shows all the entries opened by the momentum investment system on Rocket Companies Inc Class A:

Rocket Companies Inc Class A momentum entries
  • The first momentum investment strategy would give -45.07% of return on Rocket Companies Inc Class A. That represents -2617.28$ of latent gain with 5806.98$ of employed capital.
  • The second momentum investment strategy would give -48.81% of return on Rocket Companies Inc Class A. That represents -1337.62$ of latent gain with 2740.42$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-45.07 %

Latent gain

-2617.28 $

Invested capital

5806.98 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-48.81 %

Latent gain

-1337.62 $

Invested capital

2740.42 $

Annualized return

-13.34 %

Momentum equity curve on Rocket Companies Inc Class A

The following chart shows the equity curve of the two momentum strategies applied to Rocket Companies Inc Class A:

Rocket Companies Inc Class A momentum equity

Note: the dividends potentially given by Rocket Companies Inc Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Rocket Companies Inc Class A

The following chart shows the employed capital evolution of the two momentum strategies on Rocket Companies Inc Class A since the beginning:

Rocket Companies Inc Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Rocket Companies Inc Class A

Buy the dip entry openings on Rocket Companies Inc Class A

Rocket Companies Inc Class A

The performance achieved by the robo-advisor on Rocket Companies Inc Class A is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Rocket Companies Inc Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Rocket Companies Inc Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Rocket Companies Inc Class A

The following chart shows the result of the investment strategy applied to Rocket Companies Inc Class A:

Rocket Companies Inc Class A

Note: the dividends potentially given by Rocket Companies Inc Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Rocket Companies Inc Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on Rocket Companies Inc Class A:

Rocket Companies Inc Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Rocket Companies Inc Class A

In this section, I will compare the three previous investment strategies applied to Rocket Companies Inc Class A.

Equity curve comparison on Rocket Companies Inc Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Rocket Companies Inc Class A investment strategy comparison

Employed capital comparison on Rocket Companies Inc Class A

Rocket Companies Inc Class A investment comparison

Performance comparison on Rocket Companies Inc Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -57.19% -1293.95$ 2262.55$ -13.81%
Momentum 1 quarter -45.07% -2617.28$ 5806.98$ -11.56%
Momentum 2 quarters -48.81% -1337.62$ 2740.42$ -13.34%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

-13.81 %

Momentum 1Q

-13.34 %

Momentum 2Q

-13.34 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Rocket Companies Inc Class A:

Positive correlations

Most correlated stocks this year

  • Rocket Companies Inc Class A

  • Most correlated stocks last 3 months

  • Rocket Companies Inc Class A
  • MECOM POWER

  • Note: The algorithm computes the probability of correlation between Rocket Companies Inc Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of Rocket Companies Inc Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Rocket Companies Inc Class A
    Country United States
    City Detroit
    Address 1050 Woodward Avenue
    Phone 313 373 7990
    Website www.rocketcompanies.com
    FullTime employees
    Industry Mortgage Finance
    Sector Financial Services
    Exchange XNYS
    Ticker RKT
    Market www.nyse.com

    Rocket Companies Inc Class A ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown