|Bid||8.80 x 800|
|Ask||8.81 x 800|
|Day's range||8.72 - 8.86|
|52-week range||5.97 - 11.70|
|Beta (5Y monthly)||2.00|
|PE ratio (TTM)||4.89|
|Earnings date||08 May 2023 - 12 May 2023|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||07 Mar 2022|
|1y target est||7.69|
The mortgage business is a feast-and-famine affair. The COVID-19 pandemic pushed the Federal Reserve to lower rates, which triggered an enormous refinancing boom. This gave the mortgage industry two fabulous years, in 2020 and 2021.
At this time, I would like to welcome everyone to the Rocket Companies, Inc. fourth quarter and full year 2022 earnings call. Good afternoon, everyone, and thank you for joining us for Rocket Companies earnings call covering the fourth quarter and full year of 2022. With us this afternoon are Rocket Companies CEO, Jay Farner; our current director and future interim CEO, Bill Emerson; our president and COO, Bob Walters; and our chief financial officer, Brian Brown.