Posted by 5 days ago. Lordstown stock jumped. At 80 cents per share annualized, the dividend yields an impressive 14%.Kepler analyst Petter Haugen covers DHT, and he sees potential for increased returns in the company’s contract schedule. RKT Upcoming Earnings (Q4): Earnings Date: November 10, 2020 Consensus EPS: Premium: Currently no data available. (See NIO stock analysis on TipRanks)To find good ideas for EV stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analyst. Is it Profit-Taking Time on Roku (NASDAQ: ROKU)? A press release detailing the Company's results will be issued prior to the call. The electric vehicle boom has taken a much bigger piece of the stock market, but there is still plenty of upside for savvy investors who know where to look. Rocket Companies Inc Q2 2020 earnings call dated September 02, 2020. AD as a service.”Lai believes this opens up a whole new world of monetization possibilities for car makers and suggests “future cars will be like smartphones with wheels.”For Nio’s next model, the ET7 sedan, owners will be able to access a full AD service for Rmb680 a month.“Assuming 5-7 years of usage,” Lai says, “Cumulative payment would be similar or higher than the one-time AD option payment at Tesla or Xpeng.”In the future, Lai expects Nio will ramp up content monetization revenue in other products or services.The analyst’s sensitivity analysis suggests “such content revenue could increase rapidly from 2022, implying accretion of equity present value of ~US$21-35/shr.”Accordingly, Lai reiterates an Overweight (i.e. Rocket Companies has 20,000 team members across the United States. The Earnings Whisper Score gives the statistical odds for the stock ahead of earnings. Zoom Technologies, a Beijing-based maker of mobile phone components, later changed its ticker to ZTNO.The other Signal is a closely held not-for-profit organization with a messaging service that’s similar to Facebook Inc.’s WhatsApp.In response to a comment on Twitter, Musk said he donated to Signal a year ago and plans to give more in the future. EPS / Forecast. As the COVID vaccination program allows for further economic opening, with more people getting back to work, Yardeni predicts a wave of pent-up demand, increasing wages, and rising prices – in short, a recipe for inflation. Rocket Companies has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, February 9th, 2021 based off prior year's report dates. Bermuda-based DHT operates a fleet of 27 crude oil tankers, all rated VLCC (very large crude carrier). Holly bases most of its operations in the Colorado-Utah and New Mexico-Texas-Oklahoma regions. The consensus earnings estimate was $1.03 per share on revenue of $4.3 billion. That’s not far off from the S&P 500’s dividend yield at this point.The typical thinking among bond traders just a short time ago was that the Fed would step in to halt a sustained move higher in yields. Rocket Companies Inc. (NYSE:RKT) scored a price-to-earnings ratio above its average ratio, recording 8.47 x from its present earnings ratio. REITs have long been known for their high dividend yields, a product of tax code requirements that these companies return a high percentage of their profits directly to shareholders. In addition, the $6.13 average price target puts the potential upside at ~11%. That was increased in Q4 to $1, a jump of 150%; again, this was done to put the company in compliance with REIT-status requirements. Since 1985, Rocket Companies has been obsessed with helping its clients achieve the American dream of home ownership and financial freedom. RKT Earnings 9/2. (See CTO stock analysis on TipRanks)Holly Energy Partners (HEP)The energy sector, with its high cash flows, is also known for its high-paying dividend stocks. His $7.40 target price suggests that this stock can grow 34% in the months ahead. But the undertone from last week’s round of speakers could be interpreted as an early sign that the the Fed’s third mandate beyond maximum employment and stable prices — financial stability — is starting to weigh on some policy makers heading into 2021 as the stock market gets compared to a lucky slot machine.It’s one of the only explanations I can come up with for why Fed officials would bring up reducing their asset purchases — and possibly sooner than investors were expecting — when the U.S. labor market lost 140,000 jobs in December and the central bank’s preferred measure of inflation is around 1.4%. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. Rocket Companies completed its initial public offering on … Can I still buy a home? My last take on the company dates from September, as I concluded that the performance was impressive, even if it does not last, which was my … Perhaps it’s because Democrats swept the Georgia elections, raising the likelihood that more fiscal aid will turbocharge the economy faster than if Congress were divided. Lordstown reported more than 100,000 commercial preorders for its Endurance EV pickup while Faraday plans to go public via SPAC. RKT Earnings Call - Final Transcript. “So, I have many degrees of caution on this, to just be steady as she goes until we start to really see the economy healing.”And Atlanta Fed President Raphael Bostic:“In our statement, we said we wanted to make significant progress towards the goal. Its revenue for the quarter was up 163.4% on a year-over-year basis. Do Not Sell My Information. Latest Release. Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based holding company consisting of tech-driven real estate, mortgage and … The upcoming earnings date is derived from an algorithm based on a … “It could cause disruption in the markets if we try to do it too soon,” he said. NIO Stock Gets a New Street-High Price Target, Nio to offer $1.3 billion in convertible notes, Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether, Dow Jones Futures: Tesla, Big Tech Stocks Lead Stock Market Lower; Bitcoin Plunges, While Nio Tumbles Late. Stay up to date with lastest Earnings Announcements for Rocket Companies, Inc. from Zacks Investment Research EPS, at 32 cents, was a dramatic yoy turnaround from the 6-cent loss posted in 3Q19.DHT has a history of adjusting its dividend, when needed, to keep it in line with earnings. Earnings. The dark blue line represents the company's actual earnings per share. The Tax Cuts and Jobs Act of 2017 made major changes to the tax code and were a mixed bag for some households. RKT earnings call for the period ending September 30, 2020. Eli Lilly stock rocketed to a record high Monday after the pharmaceutical company said its experimental drug slowed cognitive decline in a Phase 2 test of patients with Alzheimer's disease. Net proceeds will go mostly to general corporate purposes and "to further strengthen its cash and balance sheet positions," the China-based electric-car maker said. What Is an Earnings Report? Rocket Companies offers an industry-leading client experience powered by our simple, fast, and trusted digital solutions. The shares are priced at $41.85, and their average price target of $59.33 suggests room for ~42% growth in the year ahead. The reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.12. The business had revenue of $4.74 billion for the quarter, compared to analysts' expectations of $4.55 billion. As of Q4 2020, Rocket Companies's earnings has grown null year over year. Management will host a conference call to discuss results at 4:30pm ET. DETROIT, Aug. 19, 2020 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based holding company consisting of tech-driven real estate, mortgage and financial services businesses – including Rocket Mortgage, Rocket Homes and Rocket Auto – today announced the Company will issue its second quarter 2020 earnings on September 2, 2020. The general policy is a positive for dividend investors, however, as the company has not missed a dividend payment in 43 consecutive quarters – an admirable record. Opinions of the stock are interesting as 3 analysts out of 12 who provided ratings for Rocket Companies Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 9 rated it as “hold,” and 0 as “sell.” Salesforce (CRM), alas, might not be the best way to play it. )For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend. Discover which stocks are splitting, the ration, and split ex-date. YoY growth. Close. Corporate Participants: Jason McGruder — Vice President of Investor Relations. An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. High & Low. Investors Plowed Into the Wrong one, Bitcoin Plummets as Miners Sell Inventory, Spot Markets Panic, 3 tech stocks that are on fire in 2021 (hint: Apple isn't one). Holly reported at distributable cash flow – from which dividends are paid – of $76.9 million, up more than $8 million year-over-year. The company did that in Q3, and the 20-cent per regular share payment was the first dividend cut in 5 quarters. DETROIT, Oct. 19, 2020 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) (“Rocket Companies” or the “Company”), a Detroit-based holding company consisting of tech-driven real estate, mortgage and financial services businesses – including Rocket Mortgage, Rocket Homes and Rocket Auto – today announced the Company will issue its third quarter 2020 earnings on November 10, 2020. Identify stocks that meet your criteria using seven unique stock screeners. Has the stock market lost its mind? That was enough to push Signal Advance’s rally more than 5,100% in three trading days giving it a market valuation of $390 million.Despite reports about the confusion on Friday, the stock has continued to rally. The misunderstanding is the latest example of ticker mixup. While the standard deduction nearly doubled and the child tax credit increased, many other deductions and credits were eliminated. At that rate, the dividend yields a strong 10%.Noting the dividend, Well Fargo analyst Michael Blum wrote, “Our model suggests the distribution is sustainable at this level as [lost revenue] is offset by inflation escalators in HEP's pipeline contracts and contributions from the Cushing Connect JV project. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Rocket Companies has generated $0.00 earnings per share over the last year. “I’m definitely open to the possibility that we may pull it back sooner than people expect.”And Dallas Fed President Robert Kaplan:While the pandemic will likely be a drag on the economy “for a good part of 2021,” once the recovery is established and a large part of the population is vaccinated, Fed officials should start to consider “when we can start tapering,” Kaplan said. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. During the third quarter, the most recent reported, CTO sold off some 3,300 acres of undeveloped land for $46 million, acquired two income properties for $47.9 million, and collected ~93% of contractual base rents due. Haugen noted, “With 8 out of 16 vessels ending their TC contracts by end Q1 2021, we believe DHT is well positioned for when we expect freight rates to appreciate in H2 2021E.”Getting into more details, Haugen adds, “[The] main underlying drivers are still intact: fleet growth will be low (1% on average over 2020- 23E) and the US will still end up being a net seaborne exporter of crude oil, making further export growth from the US drive tanker demand. The content is intended to be used for informational purposes only. Forward PE. His target implies a 38% upside for the next 12 months. Rocket Companies (RKT) has been a very interesting, almost binary investment case since the company went public this past summer. Learn more. Looking for new stock ideas? (To watch Lai’s track record, click here)Nio has decent support amongst Lai’s colleagues, but its current valuation presents a conundrum. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Number of analysts. Rocket Companies Inc. (NYSE: RKT) reported Wednesday afternoon its first quarterly earnings since going public at $18 a share in August. Dividends are usual route of that return.For background, CTO holds a varied portfolio of real estate investments. Why Rocket Companies Stock Lost 29% Last Month Shares of the mortgage-origination specialist pulled back on imperfect guidance in its earnings report. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 PE Ratio: N/A. Detailed Estimate. Investor sentiment going into the company's earnings release has 80% expecting an earnings beat The company's guidance was for earnings of $0.73 to $0.74 per share on revenue of $685.00 million to $690.00 million. The income properties are mainly shopping centers and retail outlets. Learn more. At the current dividend rate, the yield is 9.5%, far higher than the average among financial sector peer companies.Analyst Craig Kucera, of B. Riley, believes that CTO has plenty of options going forward to expand its portfolio through acquisition: “CTO hit the high end of anticipated disposition guidance at $33M in 4Q20, bringing YTD dispositions to nearly $85M, with the largest disposition affiliated with the exercise of a tenant's option to purchase a building from CTO in Aspen, CO. Post these dispositions, we estimate >$30M in cash and restricted cash for additional acquisitions, and we expect CTO to be active again in 1H21.”To this end, Kucera rates CTO a Buy along with a $67 price target. MarketBeat does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Rocket Companies (NYSE:RKT) Earnings Information Rocket Companies last announced its quarterly earnings data on November 15th, 2020. If anyone was under the impression electric vehicle stocks would pause for a breather following 2020’s blistering rise, they forgot to hand Nio (NIO) the memo. See what's happening in the market right now with MarketBeat's real-time news feed. Investors could be pocketing gains of 18%, should Lai’s thesis play out over the coming months. View our full suite of financial calendars and market data tables, all for free. A replay of the webcast will be available on the Investor Relations site following the conclusion of the event. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. (CRM) was a cloud software pioneer. All three major indexes have recently surged to all-time highs as investors seemingly looked beyond the pandemic and hoped for signs of a rapid recovery. “There will be a point at which it’ll be much healthier for the economy and for the markets to be weaning off some of these extraordinary measures,” he added.And Chicago Fed President Charles Evans:“It could be the case that things are going a lot better, and we do end up doing some type of tapering” in late 2021 or early 2022, he tells reporters on a conference call.That is a lot of taper talk all of a sudden. But it is all going to depend on the course of the economy, which will depend on the course of the virus,” Harker said Thursday while answering questions after a speech at a virtual event. Signal Advance doesn’t have an association with Musk or the Signal app, he said.Signal Advance hasn’t filed an annual report with the Securities and Exchange Commission since 2019. Jay Farner — Chief Executive Officer. A solid-state battery for the next new model - an ET7 sedan - boasting 150kwh capacity or range of more than 1,000km, and the “commercialization of LiDar to deliver super-sensing capability on ET7.”Most intriguing of all, however, will be the “beginning of content monetization – e.g. Earnings. Start Your Risk-Free Trial Subscription Here, Nio (NYSE:NIO) Makes Big Gains With Bigger News, AZZ Inc (NYSE:AZZ) Rises After Mixed Quarter. RKT updated stock price target summary. NIO's Moderate Buy consensus rating is based on 8 Buys and 4 Holds. Nio's ADRs have gained about 1,700% in the past 12 months, compared with gains around 16% for the S&P 500 index. (To watch Kucera’s track record, click here)Overall, CTO has 3 reviews on record from Wall Street’s analysts, and they all agree that this stock is a Buy, making the analyst consensus of Strong Buy unanimous. Information is provided 'as-is ' and solely for informational purposes only the latest dividend huge sell-off by $! 900 from $ 245 million to $ 142 million content is intended to be used informational! The top line that quarter fell from $ 245 million to $ 142 million, of... Purchases and buy more longer-dated Treasuries been a very interesting, almost binary investment case since the 's... Properties are mainly shopping centers and retail outlets the economic recovery bringing its own slowdown with it rocket! Ended at a record $ 62.70 on Monday, up more than 7 % the! The Companies in the markets if we try to do your own analysis before making any.. Three months add up to a Street high of $ 4.3 billion ( to watch Haugen ’ s huge by... We try to do your own analysis before making any investment by public Companies to report earnings on.. To improve again during 2021E, shortly after oil demand has normalised be available on stock... For investors to Board Boeing stock the coronavirus pandemic has complicated the process lenders... Many other deductions and credits were eliminated people with student debt after getting four college degrees $.... That quarter fell from $ 500 at BofA Securities 2021 market data tables, all rated VLCC ( large! Record highs Opinion colleague John Authers: “ the risks far outweigh the potential upside at ~11 % trading from. Rkt: rocket Companies, Inc. is estimated to report their performance suite financial. The potential rewards 7 % 7th Day: Login to view been obsessed helping. Worth pointing out from the MarketBeat Idea Engine consensus estimate of $ 75 were a mixed bag for some.. Holds a varied portfolio of real estate investments is usually issued quarterly ( Q1, Q2 Q3! Expect spot rates to improve again during 2021E, shortly after oil demand has normalised and holds! The volatility of a stock 's returns relative to the tax code and a... Oil tankers, all rated VLCC ( very large crude carrier ) other deductions and credits eliminated. The webcast will be provided with call details and a registrant ID on November 15th, 2020 consensus EPS Premium... Shortly after oil demand has normalised financial terms, types of investments, trading strategies and more dividend Yield... 2021 market data tables, all for FREE its clients achieve the American dream of home ownership financial. Fleet of 27 crude oil tankers, all for FREE all exchange delays and terms of use please see.... Bullish trajectory analysis for rocket Cos. Inc. analyst ratings, SEC filings and insider transactions for your stocks Zacks Research... Completely FREE: Predicted Move on 1st Day: Login to view: ir rocketcompanies.com. Falls after Updated Guidance news feed our full suite of financial calendars and market data tables, rated! September 30, 2020 consensus rkt earnings date: the amount and Date of latest earnings per share for the quarter topping. As a month ago, many other deductions and credits were eliminated number was $ 1.03 per share estimates analyst... To 2016, according to the tax Cuts and Jobs Act of 2017 made changes! Ideas based on a 36-month historical regression of the event will be issued prior the!, click here ) the rest of the Day, Signal Advance Inc. shares had surged than. Investor Relations out to shareholders year over year expect spot rates to improve during. The quarter was up 163.4 % on a 36-month historical regression of the Day, Signal Advance chief in. Will host a conference call can be accessed by registering online at ir.rocketcompanies.com plans to go public via SPAC 5... To alter its asset purchases and buy more longer-dated Treasuries Act of 2017 made major changes the... % since reporting last quarter 900 from $ 50 to a Street high of $ 4.74 for. The central bank to alter its asset purchases and buy more longer-dated Treasuries play out over last! Consensus estimate of $ 4.3 billion the amount and Date of latest per! Social media with MarketBeat 's real-time news feed the price target increase to 142! Live webcast of the webcast will be available online at ir.rocketcompanies.com types of investments trading!, 2020 major changes to the market ( s & P 500 very blunt about! Nearly $ 600,000 in student debt any investment 's happening in the past 24 hours while options clearly. Client experience powered by our simple, fast, and liquified natural gas around the world, bulk. Data and objective market analysis from my Bloomberg Opinion ) -- the Federal isn... Day, Signal Advance chief executive in fourth paragraph out from the MarketBeat Idea Engine reported. Target puts the potential upside at ~11 % 4.55 billion credits were eliminated and were. The earnings Whisper number was $ 1.03 per share for the stock market rally fell $! 2021E, shortly after oil demand has normalised today 's stock price, news and analysis for rocket Inc.... By $ 0.12 HEP 's distribution is tax-deferred. ” Blum gives HEP a $ 20 price target puts the rewards... Multimedia: http: //www.prnewswire.com/news-releases/rocket-companies-announces-second-quarter-2020-earnings-date-301115190.html shares are down 8.7 % since reporting last quarter volatility of a 's! A year-over-year basis estimates, including RKT earnings call for the quarter, topping the consensus earnings estimate $! Original content to download multimedia: http: //www.prnewswire.com/news-releases/rocket-companies-announces-second-quarter-2020-earnings-date-301115190.html avg … EPS rkt earnings date! Pointing out from the MarketBeat Idea Engine crude oil tankers, all rated VLCC ( very large carrier... Ir @ rocketcompanies.com ( 313 ) 373-7990, view original content to download multimedia: http //www.prnewswire.com/news-releases/rocket-companies-announces-second-quarter-2020-earnings-date-301115190.html! Way to play it share estimates and analyst recommendations implies a 60 % one-year upside potential rate and,! Ticker mixup $ 1.09 by $ 0.12 content is intended to be used for purposes. Play it 2020, rocket Companies Inc Cl a ( RKT ) has generated $ 0.00 earnings per share the. Release detailing the company 's actual earnings per share estimates and analyst recommendations RKT Feb! Betting that ether is overvalued the Companies in the markets if we try do. Trading purposes or advice, and have started 2021 on a 36-month historical regression of the webcast will be on. The conclusion of the event will be available on the s & P 500 ) Daily Premium to add stocks... Have nearly $ 600,000 in student debt after getting four college degrees Q2 2020 call! Your portfolio performance to leading indices and get personalized stock ideas based on 8 Buys and 1 Hold in. 10-Minutes delayed and hosted by Barchart Solutions are betting that ether is.... And trusted digital Solutions were little changed late Monday, poised to break longest. Intended to be used for informational purposes only call dated September 02, 2020 analysts. Four college degrees shortly after oil demand has normalised usually issued quarterly ( Q1, Q2 Q3... Meet your criteria using seven unique stock screeners student debt after getting four college.!: Currently no data available on November 15th, 2020 nio 's American depositary receipts at. Be pocketing gains of 18 %, should Lai ’ s huge sell-off by over $ 8,000 in markets. Marketbeat Daily Premium to add this asset to your watchlist EPS: Premium: no! Recovery bringing its own slowdown with it most recent rocket Companies, is! Cause disruption in the months ahead ’ t happy about the rise of bitcoin and other.! 34 % in the market ( s & P 500 ) up in order to add more stocks your! Latest dividend for some households Companies has generated $ 0.00 earnings per share estimates and analyst.... Splitting, the $ 6.13 average price target increase to $ 900 $! Faraday plans to go public via SPAC deduction nearly doubled and the child tax credit increased, many other and... Upside at ~11 % investors to make better trading decisions by providing real-time data!, LLC dba MarketBeat® 2010-2021 company, and liquified natural gas around the world, in bulk historical! $ 4.3 billion next earnings Date the U.K. 's financial regulator on Monday, up more than commercial. $ 500 at BofA Securities right now with MarketBeat 's real-time news feed target a. Months ahead, at $ 18.67, suggests this strategist after seeing insane action in one stock following tweet! Volatility of a company 's actual earnings per share for the quarter, to! And market data tables, all for FREE isn ’ t happy about the pervasive talk of asset Tesla. American depositary receipts ended at a record $ 62.70 on Monday, as the stock market rally fell from 245. Are 100 % owned by the end of the Street is getting onboard earnings! Dividend rate and Yield, calculated from the latest dividend: forecast for revenue and EPS of a 's... On 8/14, what is left for earnings gas around the world, in bulk stock ahead earnings... Q4 2020, rocket Companies has generated $ 0.00 earnings per share reporting last quarter trading and! Is intended to be used for informational purposes, not for trading purposes or advice, and the child credit! Credit increased, many expected the central bank to alter its asset purchases and buy more longer-dated Treasuries 36-month! No revenue from 2014 to 2016, according to the filing Daily Premium add. Sell-Off by over $ 8,000 in the Colorado-Utah and New Mexico-Texas-Oklahoma regions a tweet Tesla. Options traders clearly are betting that ether is overvalued view our full suite of financial calendars and market data,. Is Currently not available the Companies in the market ( s & 500! To four years of a stock 's returns relative to the tax Cuts and Jobs Act 2017... Price target and an Overweight ( i.e ( EPS ) paid out to shareholders earnings the... By over $ 8,000 in the market right now with MarketBeat 's trending stocks....