(RKT) Rocket Companies - Ratings and Ratios

Rocket Companies, Inc. (NYSE: RKT) is a leading provider of mortgage, real estate, and personal finance services in the United States and Canada. The company operates through two primary segments: Direct to Consumer and Partner Network. Through its subsidiaries, Rocket Companies offers a comprehensive suite of financial services, including Rocket Mortgage, one of the largest mortgage lenders in the U.S., known for its digital-first approach. Amrock provides appraisal, settlement, and title services, while Rocket Homes serves as a home search platform and real estate agent referral network. Rocket Loans offers online personal loans, and Rocket Money provides financial wellness tools, including subscription cancellation, budget management, and credit score services. Additionally, Lendesk delivers a point-of-sale system for mortgage professionals and loan origination solutions for private lenders. The company also originates, closes, sells, and services agency-conforming loans. Founded in 1985 and headquartered in Detroit, Michigan, Rocket Companies operates as a subsidiary of Rock Holdings Inc., emphasizing technological innovation to enhance the user experience across its platforms.

3-Month Forecast: Based on the provided data, Rocket Companies stock (NYSE: RKT) is expected to face headwinds due to its high P/E ratio of 56.67 and relatively low Return on Equity (RoE) of 0.32. However, the forward P/E of 27.55 suggests potential growth. Technically, the stock is in a downtrend, trading below its 20-day, 50-day, and 200-day SMAs. The Average True Range (ATR) of 1.06 indicates moderate volatility. Forecasted price action is likely to remain range-bound between $10.50 and $12.50, with potential resistance at the 50-day SMA of $13.05 and support at the recent lows around $10.00. Investors should monitor earnings reports and macroeconomic trends in the mortgage and real estate sectors for potential catalysts.