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NYSE: RKT
Rocket Companies (RKT) stock, explained like you're 5
Rocket Companies trades on the New York Stock Exchange under the ticker RKT. It is a large cap company in the consumer services industry, part of the financial services sector, with a market value of about 32.5 billion dollars.
- Ticker
- RKT
- Exchange
- New York Stock Exchange
- Sector
- Financial Services
- Industry
- Consumer Services
- Size
- Large cap, about 32.5 billion dollars
Is Rocket Companies a small, medium or large cap company?
Yes. Rocket Companies is a large cap stock. Its market cap, which is the total value of all its shares, is about 32.5 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Rocket Companies makes money
- Interest earned on loans minus interest paid on deposits.
- Fees for payments, advice, trading and insurance.
- Investment returns on the money they manage.
What moves RKT stock
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
In the news lately
- Rocket Companies, Inc. (RKT) stock price, news, quote and history (Yahoo Finance Australia)
- Why Rocket Companies (RKT) Stock Is Down Today (Quiver Quantitative)
- RKT Stock Holds Support As Wall Street Trims Targets (Timothy Sykes)
- Rocket Companies: Buying The Bottom Of A Cycle (NYSE:RKT) (Seeking Alpha)
- Rocket Companies (RKT) Positions for Industry Recovery Driven by Tech Scale and Market Share Gains (Yahoo Finance)
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Questions about Rocket Companies stock
What does Rocket Companies do?
Rocket Companies trades on the New York Stock Exchange under the ticker RKT. It is a large cap company in the consumer services industry, part of the financial services sector, with a market value of about 32.5 billion dollars.
What is the ticker symbol for Rocket Companies?
Rocket Companies trades under the ticker RKT on the New York Stock Exchange.
What is Rocket Companies's market cap?
Rocket Companies is a large cap stock with a market cap of about 32.5 billion dollars.
How does Rocket Companies make money?
Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.
What moves RKT stock?
Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.
How can I follow RKT stock every day?
Add RKT to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.