Rkt stock forecast traders watching RKT stock forecast

Traders watching RKT stock forecast note a tight consolidation zone, hinting at a possible breakout on any dovish Fed commentary. After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.7%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 6.8%. Price Action: According to data from Benzinga Pro , RKT shares are trading higher by 2.77% to $21.33 Wednesday afternoon. The stock has a 52-week high of $22.56 and a 52-week low of $10.06. Rocket Companies’ earnings guidance keeps RKT stock forecast supported, as EBITDA margins are holding steady at 15%. The market is watching closely for updates on new fintech partnerships.