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Rocket Companies (RKT) Stock Price, News & Analysis

Rocket Companies logo
$14.19 -0.03 (-0.21%)
As of 03:58 PM Eastern

About Rocket Companies Stock (NYSE:RKT)

Key Stats

Today's Range
$13.93
$14.46
50-Day Range
$11.11
$14.94
52-Week Range
$10.06
$21.38
Volume
23.43 million shs
Average Volume
6.59 million shs
Market Capitalization
$28.38 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.21
Consensus Rating
Reduce

Company Overview

Rocket Companies, Inc. is a Detroit-based holding company primarily engaged in the origination and servicing of residential mortgages through its flagship brand, Rocket Mortgage. Leveraging proprietary digital platforms, the company offers a streamlined, online mortgage application process designed to simplify home purchase and refinance transactions for consumers across the United States. Its mortgage operations encompass both direct-to-consumer lending and wholesale channels, enabling it to serve a broad range of borrowers, from first-time homebuyers to refinancing homeowners.

In addition to mortgage services, Rocket Companies has expanded its portfolio to include related consumer finance and real estate offerings. Rocket Homes, its real estate marketplace, connects buyers and sellers with participating real estate agents and provides market data and insights. Rocket Loans delivers personal loan products for debt consolidation and other consumer needs, while Rocket Auto facilitates vehicle financing through retail and wholesale networks. These complementary businesses aim to create an integrated financial ecosystem, enhancing customer retention and cross-sell opportunities.

The company traces its roots to 1985, when it was founded as Rock Financial by Dan Gilbert. After rebranding to Rocket Mortgage in 2015 and completing its initial public offering in 2020, Rocket Companies accelerated its digital transformation and expanded into adjacent markets. Over the years, it has invested heavily in technology and data analytics, seeking to streamline processes, improve risk management, and deliver a differentiated customer experience in a competitive mortgage landscape.

Leadership at Rocket Companies is spearheaded by Chairman Dan Gilbert and President and Chief Executive Officer Jay Farner, who have overseen the company’s strategic expansion and innovation initiatives. Headquartered in Detroit, Michigan, the firm maintains regional offices and call centers across the country to support its national mortgage and consumer finance operations. As it continues to evolve, Rocket Companies remains focused on leveraging technology to reshape the home lending and real estate experience for consumers.

AI Generated. May Contain Errors.

Rocket Companies Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
48th Percentile Overall Score

RKT MarketRank™: 

Rocket Companies scored higher than 48% of companies evaluated by MarketBeat, and ranked 641st out of 938 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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, 9 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Rocket Companies has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Rocket Companies' stock forecast and price target.
  • 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 -473.00, 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 -473.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    Rocket Companies has a PEG Ratio of 0.91. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Rocket Companies has a P/B Ratio of 3.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Rocket Companies' valuation and earnings.
  • Percentage of Shares Shorted

    44.47% 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 4.8.
  • Change versus previous month

    Short interest in Rocket Companies has recently increased by 13.49%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Rocket Companies does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    44.47% 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 4.8.
  • Change versus previous month

    Short interest in Rocket Companies has recently increased by 13.49%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Rocket Companies has a news sentiment score of 0.38. 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 0.87 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 21 news articles for Rocket Companies this week, compared to 9 articles on an average week.
  • Search Interest

    19 people have searched for RKT on MarketBeat in the last 30 days. This is an increase of 111% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Rocket Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.
  • 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.

  • Read more about Rocket Companies' insider trading history.
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RKT Stock News Headlines

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Analyzing Rocket Companies (RKT) and The Competition
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RKT Stock Analysis - Frequently Asked Questions

Rocket Companies' stock was trading at $11.26 on January 1st, 2025. Since then, RKT stock has increased by 26.0% and is now trading at $14.19.
View the best growth stocks for 2025 here
.

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

Rocket Companies's stock split on Thursday, August 28th 2014.The 2-1 split was announced on Monday, July 28th 2014. The newly issued shares were distributed 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.

The following companies are subsidiaries of Rocket Companies: Truebill, Amrock LLC, and Rocket Mortgage LLC.

Rocket Companies (RKT) raised $3.2 billion in an IPO on Thursday, August 6th 2020. The company issued 150,000,000 shares at a price of $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.

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.

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

Record date for 4/3 Dividend
3/20/2025
Ex-Dividend for 4/3 Dividend
3/20/2025
Dividend Payable
4/03/2025
Last Earnings
5/08/2025
Today
6/30/2025
Next Earnings (Estimated)
7/30/2025
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
Fax
N/A
Employees
26,000
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$14.21
High Stock Price Target
$18.00
Low Stock Price Target
$10.50
Potential Upside/Downside
+1.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.92
Research Coverage
12 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
93.77
P/E Growth
0.91
Net Income
$29.37 million
Pretax Margin
3.08%

Debt

Sales & Book Value

Annual Sales
$5.10 billion
Cash Flow
$0.21 per share
Price / Cash Flow
66.92
Book Value
$4.53 per share
Price / Book
3.11

Miscellaneous

Outstanding Shares
2,000,150,000
Free Float
147,211,000
Market Cap
$28.13 billion
Optionable
Optionable
Beta
2.28

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This page (NYSE:RKT) was last updated on 6/30/2025 by MarketBeat.com Staff
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