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Stock impact report

A Look At Rocket Companies (RKT) Valuation After Mr Cooper And Redfin Acquisitions [Yahoo! Finance]

Rocket Companies, Inc. Class A (RKT) 
Company Research Source: Yahoo! Finance
services, and on forecasts for higher net interest income and tangible book value. See our latest analysis for Rocket Companies. At a share price of $19.88, Rocket Companies has seen momentum build, with a 90-day share price return of 22.11% and a one year total shareholder return of 94.16%, as investors respond to the Mr Cooper and Redfin acquisitions and expectations for stronger earnings power. If you are comparing Rocket with other lenders and real estate finance names, it could be a good moment to widen the lens and look at fast growing stocks with high insider ownership as well. With the share price near US$19.88 and only a small discount to the current analyst price target, the key question now is whether Rocket is still mispriced or if the market is already pricing in those future gains. Compared with the last close of US$19.88, the most followed narrative points to a fair value of about US$19.92, with that small gap underpinned by detailed growth and margin assumpti Show less Read more
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