Rocket Companies, Inc. (NYSE:RKT) Given Average Rating of "Hold" by Analysts

Key Points

• Analyst consensus: Eighteen brokerages give Rocket Companies a consensus "Hold" (1 Sell, 9 Hold, 8 Buy) with an average 1‑year price target of $20.25.
• Quarterly results: Rocket topped estimates with $0.11 EPS vs. $0.09 expected and revenue of $2.44B (up 52.2% year‑over‑year), while analysts forecast about $0.15 EPS for the current year.
• Market context and catalysts: shares traded near $14.81 (52‑week range $10.94–$24.36), and investor sentiment is mixed as a strategic alliance with Compass offers diversification upside but housing headwinds and recent price‑target cuts from firms like JPMorgan and Wells Fargo have pressured the stock.

Rocket Companies, Inc. (NYSE:RKT - Get Free Report) has earned a consensus rating of "Hold" from the eighteen brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $20.25.

Several research analysts have commented on the company. Weiss Ratings restated a "sell (d+)" rating on shares of Rocket Companies in a research note on Monday, December 29th. Jefferies Financial Group assumed coverage on Rocket Companies in a research note on Friday, December 19th. They issued a "buy" rating and a $25.00 target price for the company. Keefe, Bruyette & Woods upgraded Rocket Companies from a "market perform" rating to an "outperform" rating and raised their target price for the stock from $20.00 to $22.00 in a research note on Monday, March 16th. Citizens Jmp assumed coverage on Rocket Companies in a research note on Wednesday, March 25th. They issued a "market perform" rating for the company. Finally, Barclays upgraded Rocket Companies from an "equal weight" rating to an "overweight" rating and cut their target price for the stock from $22.00 to $19.00 in a research note on Monday, April 6th.

Rocket Companies Trading Down 1.4%

Shares of RKT opened at $14.81 on Friday. The business has a 50-day moving average of $16.32 and a 200 day moving average of $17.98. Rocket Companies has a fifty-two week low of $10.94 and a fifty-two week high of $24.36. The firm has a market cap of $41.75 billion, a P/E ratio of -113.89 and a beta of 2.34. The company has a debt-to-equity ratio of 1.07, a quick ratio of 70.90 and a current ratio of 70.90.

Rocket Companies (NYSE:RKT - Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.09 by $0.02. Rocket Companies had a positive return on equity of 3.04% and a negative net margin of 1.02%.The business had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter last year, the company earned $0.04 EPS. The firm's revenue was up 52.2% compared to the same quarter last year. As a group, research analysts forecast that Rocket Companies will post 0.15 EPS for the current year.

Key Headlines Impacting Rocket Companies

Here are the key news stories impacting Rocket Companies this week:

• Positive Sentiment: Strategic growth move — Rocket announced an alliance with Compass to expand U.S. listing inventory and cross‑promote listings across both platforms, which could help Redfin/real‑estate network effects and long‑term revenue diversification if execution succeeds. Rocket And Compass Alliance Puts Growth Plans And Risks In Focus
• Positive Sentiment: Analyst support — Bank of America reiterated a Buy rating with a $19 target, signaling that at least some sell‑side analysts view RKT as undervalued versus company growth and platform scale. BofA reiterates Rocket Cos stock Buy rating at $19 target
• Neutral Sentiment: Industry context — A Zacks piece flags mortgage headwinds from persistent high rates but highlights RKT’s servicing business, diversification and scale as stabilizing factors; this suggests mixed near‑term pressure but structural strengths longer term. Zacks Industry Outlook Highlights Rocket Companies, Federal Agricultural Mortgage and Lending Tree
• Negative Sentiment: Analyst downward moves weighing on sentiment — JPMorgan cut its price target from $24 to $16.50 (Neutral) and Wells Fargo trimmed its target to $17 (Equal Weight); those cuts are cited as a primary reason for today’s share weakness. Why Rocket Companies (RKT) Shares Are Falling Today
• Negative Sentiment: Weak housing signals — Redfin data show a decline in pending home sales and a record share of sellers cutting list prices, underscoring demand softness that could pressure mortgage originations and fees tied to transaction volume. Redfin Reports Pending Home Sales Post Biggest Decline in 3 Months as High Rates, Iran War Chill Market A Record 34% of February Home Sellers Cut Their List Price

Insider Buying and Selling

In other Rocket Companies news, Director Matthew Rizik sold 2,500 shares of the firm's stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $22.99, for a total value of $57,475.00. Following the completion of the transaction, the director owned 1,038,536 shares in the company, valued at $23,875,942.64. This trade represents a 0.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 92.64% of the stock is currently owned by corporate insiders.

Institutional Trading of Rocket Companies

Large investors have recently modified their holdings of the business. Cloud Capital Management LLC bought a new stake in shares of Rocket Companies during the 3rd quarter valued at about $25,000. Truvestments Capital LLC bought a new stake in shares of Rocket Companies during the 4th quarter valued at about $26,000. Acumen Wealth Advisors LLC bought a new stake in shares of Rocket Companies during the 4th quarter valued at about $26,000. Pinnacle Bancorp Inc. boosted its position in shares of Rocket Companies by 369.7% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,503 shares of the company's stock valued at $29,000 after acquiring an additional 1,183 shares during the last quarter. Finally, City State Bank bought a new stake in shares of Rocket Companies during the 4th quarter valued at about $30,000. Institutional investors own 4.59% of the company's stock.

Rocket Companies Company Profile

Rocket Companies, Inc is a Detroit-based holding company whose businesses are centered on digital mortgage origination and related consumer finance and real estate services. The company grew out of the Quicken Loans franchise and completed an initial public offering in 2020. Founder Dan Gilbert remains a prominent figure associated with the firm, which operates a suite of brands that aim to simplify the home financing and buying experience through technology and scale.

The company's core activity is mortgage lending through its Rocket Mortgage platform, which offers online application, underwriting and servicing for home purchase and refinance loans.

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