Rocket Companies (RKT) Stock Price, News & Analysis

Company Overview

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business. It also offers Core Digital Media, a online marketing platform in the mortgage and personal financial product sectors; Rocket Money, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a software services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; Rock Connections, a sales and support platform specializing in contact center services; and Rocket Innovation Studio that recruits and mentors top technology talent. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. The company operates as a subsidiary of Rock Holdings Inc.

Key Stats

• Today's Range: $15.04 to $16.00
• 50-Day Range: $12.27 to $16.19
• 52-Week Range: $10.06 to $21.38
• Volume: 15.01 million shs
• Average Volume: 11.35 million shs
• Market Capitalization: $30.23 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $14.42
• Consensus Rating: Reduce

Rocket Companies Stock Analysis - MarketRank™

Rocket Companies scored higher than 36% of companies evaluated by MarketBeat, and ranked 730th out of 921 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Reduce

Consensus Rating

Rocket Companies has received a consensus rating of Reduce. The company's average rating score is 1.92, and is based on 1 buy rating, 10 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Rocket Companies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 226.67%

Earnings Growth

Earnings for Rocket Companies are expected to grow by 226.67% in the coming year, from $0.15 to $0.49 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rocket Companies is -508.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rocket Companies is -508.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Rocket Companies has a P/B Ratio of 3.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

49.88% of the float of Rocket Companies has been sold short.

Short Interest Ratio / Days to Cover

Rocket Companies has a short interest ratio ("days to cover") of 5.5.

Change versus previous month

Short interest in Rocket Companies has recently increased by 12.16%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Rocket Companies does not currently pay a dividend.

Dividend Growth

Rocket Companies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

49.88% of the float of Rocket Companies has been sold short.

Short Interest Ratio / Days to Cover

Rocket Companies has a short interest ratio ("days to cover") of 5.5.

Change versus previous month

Short interest in Rocket Companies has recently increased by 12.16%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.70

News Sentiment

Rocket Companies has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.82 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for Rocket Companies this week, compared to 10 articles on an average week.

Search Interest

64 people have searched for RKT on MarketBeat in the last 30 days. This is an increase of 256% compared to the previous 30 days.

MarketBeat Follows

12 people have added Rocket Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Rocket Companies insiders have not sold or bought any company stock.

Percentage Held by Insiders

92.64% of the stock of Rocket Companies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 4.59% of the stock of Rocket Companies is held by institutions.

RKT Stock Analysis - Frequently Asked Questions

How have RKT shares performed this year?

Rocket Companies' stock was trading at $11.26 on January 1st, 2025. Since then, RKT shares have increased by 35.7% and is now trading at $15.2840.

How were Rocket Companies' earnings last quarter?

Rocket Companies, Inc. (NYSE:RKT) issued its quarterly earnings results on Thursday, May, 8th. The company reported $0.04 EPS for the quarter, meeting analysts' consensus estimates of $0.04. The company's revenue was down 10.8% on a year-over-year basis.
Read the conference call transcript.

When did Rocket Companies' stock split?

Rocket Companies's stock split before market open on Thursday, August 28th 2014.The 2-1 split was announced on Monday, July 28th 2014. The newly created shares were payable to shareholders after the closing bell on Wednesday, August 27th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Does Rocket Companies have any subsidiaries?

Rocket Companies subsidiaries include Truebill, Amrock LLC, and Rocket Mortgage LLC.

When did Rocket Companies IPO?

Rocket Companies (RKT) raised $3.2 billion in an IPO on Thursday, August 6th 2020. The company issued 150,000,000 shares at $20.00-$22.00 per share. Goldman Sachs, Morgan Stanley, Credit Suisse, J.P. Morgan, RBC Capital Markets, Allen & Co, BofA Securities, Barclays, Citigroup and UBS Investment Bank served as the underwriters for the IPO and Castle Oak Securities, Drexel Hamilton, Fifth Third Securities, Huntington Capital Markets, Loop Capital, Mischler Financial, Nomura, Ramirez & Co., Siebert Williams Shank and Zelman Partners were co-managers.

Who are Rocket Companies' major shareholders?

Top institutional investors of Rocket Companies include Philip James Wealth Mangement LLC (0.04%), Lincoln Capital Corp (0.01%), MFG Wealth Management Inc. (0.01%) and Missouri Trust & Investment Co. Insiders that own company stock include Jay Farner, Matthew Rizik and Jonathan D Mariner.
View institutional ownership trends.

How do I buy shares of Rocket Companies?

Shares of RKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Rocket Companies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rocket Companies investors own include NVIDIA (NVDA), Zomedica (ZOM), Meta Platforms (META), Advanced Micro Devices (AMD), Salesforce (CRM), Humana (HUM) and American Water Works (AWK).

Company Calendar

• Last Earnings: 5/08/2025
• Today: 7/24/2025
• Next Earnings (Estimated): 7/31/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN - MTG&REL SVS
• Sub-Industry: Banking
• Current Symbol: NYSE:RKT
• CIK: 1805284
• Web: www.rocketcompanies.com
• Phone: 313-373-7990
• Fax: N/A
• Employees: 14,200
• Year Founded: 1985

Price Target and Rating

• Average Price Target for Rocket Companies: $14.42
• High Price Target: $18.00
• Low Price Target: $10.50
• Potential Upside/Downside: -5.3%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.92
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 101.50
• P/E Growth: N/A
• Net Income: $29.37 million
• Net Margins: 0.06%
• Pretax Margin: 3.08%
• Return on Equity: 3.61%
• Return on Assets: 1.27%

Debt

• Debt-to-Equity Ratio: 1.37
• Current Ratio: 12.62
• Quick Ratio: 12.62

Sales & Book Value

• Annual Sales: $5.10 billion
• Price / Sales: 5.97
• Cash Flow: $0.20 per share
• Price / Cash Flow: 75.29
• Book Value: $4.53 per share
• Price / Book: 3.36

Miscellaneous

• Outstanding Shares: 2,000,150,000
• Free Float: 147,211,000
• Market Cap: $30.45 billion
• Optionable: Optionable
• Beta: 2.28