Rocket Companies, Inc. (RKT)
| Market Cap | 39.07B |
| Revenue (ttm) | 5.15B |
| Net Income (ttm) | -308,000 |
| Shares Out | 2.10B |
| EPS (ttm) | -0.01 |
| PE Ratio | n/a |
| Forward PE | 42.33 |
| Dividend | $0.80 (4.35%) |
| Ex-Dividend Date | Mar 20, 2025 |
| Volume | 12,797,647 |
| Open | 18.89 |
| Previous Close | 18.94 |
| Day's Range | 18.11 - 19.00 |
| 52-Week Range | 10.06 - 21.38 |
| Beta | 2.29 |
| Analysts | Hold |
| Price Target | 15.39 (-17.1%) |
| Earnings Date | Jul 31, 2025 |
About RKT
Rocket Companies, Inc., provides spanning mortgage, real estate, and personal finance services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company offers Rocket Mortgage, a mortgage lender service; Rocket Close, an appraisal management, settlement, and title service; Rocket Homes, a home search platform and real estate agent referral network that provides technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loa... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for RKT stock is "Hold." The 12-month stock price target is $15.39, which is a decrease of -17.10% from the latest price.
News
Redfin Reports Homebuyers Have Been Retreating, and Now Sellers Are Too
SEATTLE--(BUSINESS WIRE)--The U.S. housing market has lost about 14,000 home sellers over the past two months, with the total number of sellers falling to 1.95 million in July from a peak of 1.96 mill...
Redfin Reports the Mortgage Spread Has Dropped to a 3-Year Low. That's Good News for Homebuyers and Refinancers.
SEATTLE--(BUSINESS WIRE)--The gap between 10-year treasury yields and mortgage rates (known as the mortgage spread) has dropped to its lowest level in over three years, allowing mortgage rates to fall...
CORRECTING and REPLACING Two in Five American Workers are Delaying or Canceling a Major Purchase Like a Home or Car Due to Feelings About Job Security
SEATTLE--(BUSINESS WIRE)--Please replace the release dated Aug. 21, 2025 with the following corrected version due to multiple revisions, and replace the graphic with the accompanying corrected graphic...
Rocket, Oscar, Hims & Hers: Short Sellers Are Playing With Fire
Wall Street's most crowded shorts are starting to look like powder kegs. Rocket Companies Inc RKT, Oscar Health Inc OSCR, and Hims & Hers Health Inc HIMS are sitting at the top of the market's short-i...
Redfin Survey: Struggling Young Renters Forego Restaurants, Skip Meals to Afford Rent
SEATTLE--(BUSINESS WIRE)--Seven in 10 Gen Z and millennial renters struggle to afford their regular housing payments, as do 41% of homeowners in that age group, according to a new report from Redfin, ...
Redfin Survey: 44% of American Workers Delaying or Canceling Major Purchase Like a Home or Car Due to Feelings About Job Security
SEATTLE--(BUSINESS WIRE)--More than two in five (44%) American workers are delaying or canceling a major purchase like a home or car due to their feelings about job security. An additional 30% have ei...
Redfin Reports Home Purchases Are Getting Canceled at a Record Rate
SEATTLE--(BUSINESS WIRE)--Roughly 58,000 U.S. home-purchase agreements were canceled in July, equal to 15.3% of homes that went under contract last month, according to a new report from Redfin, the re...
Redfin Reports Mortgage Rates Drop to 10-Month Low, Pushing Down Monthly Housing Payments
SEATTLE--(BUSINESS WIRE)--The typical homebuyer's monthly mortgage payment is $2,614, the lowest level since January and down $224 from May's all-time high, according to a new report from Redfin, the ...
Rocket Companies: Not Cheap, But Not The Same Business, Either (Rating Upgrade)
Rocket Companies, Inc. is executing well on its strategy to become a one-stop home buying platform, integrating Redfin and Mr. Cooper with AI-driven efficiencies. Early results show improved customer ...
Final Trades: Rocket Companies, Cisco Systems, Insulet Corp and the IGV
The Investment Committee give you their top stocks to watch for the second half.
Calls of the Day: Robinhood, Rocket Companies, Gold
The Investment Committee discuss the latest Calls of the Day.
Home Prices Tick Down 0.1% in July, Fall in 39 of the Top 50 U.S. Metros
SEATTLE--(BUSINESS WIRE)--U.S. home prices nudged 0.1% lower in July on a seasonally adjusted basis—the third consecutive month that prices posted a monthly decline. That's according to a new report f...
Redfin Reports Homes Are Selling at the Slowest Summer Pace in a Decade
SEATTLE--(BUSINESS WIRE)--The typical home that went under contract in July was on the market for 43 days. That's up from 35 days a year earlier and is the longest span for any July since 2015, accord...
Rocket Companies Announces Early Tender Results of Cash Tender Offers and Consent Solicitations for Any and All of Nationstar Mortgage Holdings Inc.'s 5.125% Senior Notes Due 2030 and 5.750% Senior Notes Due 2031 and Receipt of Requisite Consents
DETROIT , Aug. 15, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) (the "Company" or "Rocket Companies"), the Detroit-based fintech platform including mortgage, real estate, title and personal...
Rocket Companies Announces Early Tender Results of Exchange Offers and Consent Solicitations for Any and All of Nationstar Mortgage Holdings Inc.'s 6.500% Senior Notes Due 2029 and 7.125% Senior Notes Due 2032 and Receipt of Requisite Consents
DETROIT , Aug. 15, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) (the "Company" or "Rocket Companies"), the Detroit-based fintech platform including mortgage, real estate, title and personal...
RKT Soars 80% YTD: How It Served as a Housing Bright Spot
Rocket Companies (RKT) offers mortgage and real estate financial services. The stock also rallied about 80% so far in 2025 even as the rest of the industry underperformed.
Permits to Build U.S. Apartments Have Fallen 23% Since the Pandemic Construction Boom
SEATTLE--(BUSINESS WIRE)--Developers obtained permits to build an average of 12.8 multifamily housing units for every 10,000 people in the U.S. over the past year, according to a new report from Redfi...
Redfin Reports U.S. Apartment Asking Rents Post Biggest Increase in 2.5 Years
SEATTLE--(BUSINESS WIRE)-- #housingmarket--The median U.S. asking rent rose 1.7% ($30) year over year to $1,790 in July—the largest increase since January 2023. That's according to a new report from R...
Redfin Survey: One in Five House Hunters Is Willing to Compromise Personal Safety to Afford a Home
SEATTLE--(BUSINESS WIRE)-- #housingmarket--Roughly one in five (22%) homebuyers are willing to compromise personal safety to afford a home, according to a new survey, commissioned by Redfin, the real ...
Rocket Appoints Viral Nation as Social Media Agency of Record, Replacing Glossy Social Feeds with Real Stories
TORONTO , Aug. 12, 2025 /PRNewswire/ -- Viral Nation , a global leader in social-first transformation, today announced it has been named the Social Media Agency of Record for Rocket , the Detroit-bas...
Buyers, Take Note: Mortgage Rates Are Falling, Home-Price Growth Is Cooling and Supply Is Outpacing Demand
SEATTLE--(BUSINESS WIRE)-- #housingmarket--House hunters got some relief this week as the daily average mortgage rate dropped to its lowest level in nearly a year after a softer-than-expected jobs rep...
Final Trades: Uber, Rocket Companies, Walmart and the XLF
The Investment Committee give you their top stocks to watch for the second half.
Redfin Reports Homebuying Affordability Is Improving in These 11 Places
SEATTLE--(BUSINESS WIRE)-- #housingmarket--Homebuyers need to earn $112,131 per year to afford the $447,035 median priced U.S. home, little changed (+0.5%) from a year ago. But in 11 of the 50 most po...
MR. COOPER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Mr. Cooper Group Inc. - COOP
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Mr. C...
Mortgage Rates Drop to Lowest Level in 10 Months, Upping Purchasing Power in a Buyer-Friendly Market
SEATTLE--(BUSINESS WIRE)--The daily average mortgage rate dropped to 6.57% on August 4, the lowest level in 10 months, according to a new report from Redfin, the real estate brokerage powered by Rocke...