Rocket Companies (RKT) Expected to Post Quarterly Earnings on Thursday

Key Points

• Rocket Companies is expected to report Q3 2026 results after market close on October 29, with analysts projecting $0.14 in earnings per share and $2.57 billion in revenue.
• In its prior quarter, Rocket reported $0.16 EPS and $2.76 billion in revenue, while quarterly revenue rose 91.9% year over year. Analysts expect full-year EPS of $0.48.
• Shares opened at $11.12, near the lower end of their 52-week range, while Wall Street’s consensus rating is “Moderate Buy” with an average price target of $19.12; insiders have sold $5.69 million of stock over the past 90 days.

Rocket Companies (NYSE:RKT - Get Free Report) is projected to issue its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to announce earnings of $0.1403 per share and revenue of $2.57 billion for the quarter. Parties may review the information on the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:30 PM ET.

Rocket Companies (NYSE:RKT - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.16 earnings per share for the quarter, meeting the consensus estimate of $0.16. The firm had revenue of $2.76 billion for the quarter, compared to analyst estimates of $2.81 billion. Rocket Companies had a return on equity of 5.13% and a net margin of 4.70%. Rocket Companies's quarterly revenue was up 91.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.04 earnings per share. On average, analysts expect Rocket Companies to post $0.48 EPS for the current fiscal year and $0.70 EPS for the next fiscal year.

Rocket Companies Stock Down 1.1%

Shares of Rocket Companies stock opened at $11.12 on Thursday. The stock has a 50-day moving average price of $12.74 and a 200 day moving average price of $13.76. The company has a current ratio of 4.85, a quick ratio of 4.85 and a debt-to-equity ratio of 1.16. The company has a market cap of $31.50 billion, a P/E ratio of 79.46, a P/E/G ratio of 3.36 and a beta of 2.23. Rocket Companies has a 1 year low of $10.18 and a 1 year high of $24.36.

Insiders Place Their Bets

In other Rocket Companies news, Rocket Mortgage CEO Jesse Bray sold 225,000 shares of the company's stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $13.11, for a total value of $2,949,750.00. Following the completion of the sale, the insider owned 7,953,027 shares of the company's stock, valued at approximately $104,264,183.97. This represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 450,000 shares of company stock worth $5,687,074. 57.68% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on RKT shares. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $16.00 target price (up from $15.00) on shares of Rocket Companies in a research report on Wednesday, August 12th. Wells Fargo & Company set a $13.00 price objective on shares of Rocket Companies and gave the company an "equal weight" rating in a research report on Tuesday, October 6th. Morgan Stanley set a $16.00 price objective on Rocket Companies and gave the company an "overweight" rating in a research note on Monday, October 12th. JPMorgan Chase & Co. lowered their price objective on shares of Rocket Companies from $14.00 to $12.50 and set a "neutral" rating on the stock in a research note on Monday, October 12th. Finally, Weiss Ratings upgraded shares of Rocket Companies from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, October 8th. Eight research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $19.12.

About Rocket Companies

Rocket Companies, Inc is a Detroit-based financial technology company that operates a portfolio of consumer finance and real estate businesses. Its platform is designed to simplify the homeownership process through digital applications, automated workflows and online customer support.

The company's principal business is Rocket Mortgage, a residential mortgage lender and servicer offering home purchase, refinance and home equity products. Its broader portfolio includes Rocket Homes, a real estate services platform; Rocket Money, a personal finance app that helps consumers manage subscriptions, budgets and bills; Rocket Loans, which provides personal loans; and Rocket Pro, which supports mortgage brokers and other partners.

Rocket Companies traces its history to 1985, when Dan Gilbert founded Rock Financial.

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