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Rocket Companies, established in 1985, has consistently been recognized for its workplace culture, making it onto Fortune magazine’s list of ‘100 Best Companies to Work For’ for 17 straight years. The company boasts a substantial workforce of 22,000 team members across its various brands.
The projected annual revenue for Rocket Companies stands at approximately $4.268 billion, coupled with a non-GAAP EPS (Earnings Per Share) of $0.02. A put/call ratio at 0.56 suggests a bullish sentiment in the market towards the company’s stock.
Recent movements in institutional investments show a mixed picture. While some funds have increased their positions, others have scaled back. Notably:
Overall, institutional ownership has decreased by 1.54%, totaling 97.222 million shares. This change reflects the dynamic nature of market participation among funds and institutions, with an average portfolio weight dedicated to Rocket Companies at 0.10%.
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