Rocket Companies (RKT) Stock Price, News & Analysis

Company Overview

Rocket Companies, Inc. (NYSE:RKT) is a Detroit-based financial services holding company focused on mortgage origination, servicing and a suite of digital real estate and consumer lending solutions. Through its flagship brand Rocket Mortgage, the company offers an end-to-end online platform that streamlines the home loan process, providing borrowers with tools for rate comparisons, pre-approvals and closing document e-signatures. Rocket Companies also delivers title and closing services through Rocket Closing and a real estate search marketplace via Rocket Homes.

Founded in 1985 as Rock Financial and later known as Quicken Loans, the company has been a pioneer in digitizing the mortgage experience. Under the leadership of founder and chairman Dan Gilbert, Rocket Companies expanded its product set beyond mortgage lending into consumer finance, including personal loans through Rocket Loans and auto financing via Rocket Auto. The company transitioned from a private firm to a public entity in August 2020, when it launched one of the largest homegrown U.S. initial public offerings of the decade.

Rocket Mortgage remains the largest retail mortgage lender in the United States by origination volume and services a diverse customer base across all 50 states. Its integrated technology platform aims to reduce paperwork, accelerate loan approvals and enhance borrower transparency. In addition to traditional residential mortgages, the company supports refinancing and home equity loan products, catering to both first-time homebuyers and existing homeowners seeking to optimize their financing.

Headquartered in the city of Detroit, Michigan, Rocket Companies is governed by a board led by Dan Gilbert and senior executives with deep experience in finance and technology. The company has invested heavily in research and development to maintain its digital mortgage infrastructure and expand into adjacent markets. By leveraging data analytics and artificial intelligence, Rocket Companies continues to refine its customer experience and explore new opportunities in digital real estate and consumer lending.

Key Stats

• Today's Range: $16.21 to $16.79
• 50-Day Range: $14.73 to $21.18
• 52-Week Range: $10.06 to $22.56
• Volume: 36.34 million shs
• Average Volume: 45.09 million shs
• Market Capitalization: $34.16 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $17.04
• Consensus Rating: Hold

Rocket Companies Stock Analysis - MarketRank™

Rocket Companies scored higher than 39% of companies evaluated by MarketBeat, and ranked 757th out of 928 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: 2.4 / 5
• Analyst Rating: Hold

Consensus Rating

Rocket Companies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 8 hold ratings, and 4 sell ratings.

Upside/Downside

The consensus price target for Rocket Companies is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Rocket Companies has been the subject of 10 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 -324.60, 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 -324.60, 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 3.58. 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

5.72% of the outstanding shares of Rocket Companies have 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 2.04%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Rocket Companies does not currently pay a dividend.

Dividend Growth

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

Dividend Sustainability

Based on EPS estimates, Rocket Companies will have a dividend payout ratio of 261.63% in the coming year. This indicates that Rocket Companies may not be able to sustain their current dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

5.72% of the outstanding shares of Rocket Companies have 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 2.04%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.51

News Sentiment

Rocket Companies has a news sentiment score of 0.51. 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 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 29 news articles for Rocket Companies this week, compared to 18 articles on an average week.

Search Interest

129 people have searched for RKT on MarketBeat in the last 30 days. This is an increase of 119% compared to the previous 30 days.

MarketBeat Follows

32 people have added Rocket Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 113% 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 at the beginning of the year. Since then, RKT stock has increased by 44.1% and is now trading at $16.23.

How were Rocket Companies' earnings last quarter?

Rocket Companies, Inc. (NYSE:RKT) posted its quarterly earnings data on Thursday, July, 31st. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The firm's quarterly revenue was up 4.5% compared to the same quarter last year.
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 issued to shareholders after the market closes 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 these companies: Truebill, Amrock LLC, and Rocket Mortgage LLC.

When did Rocket Companies IPO?

Rocket Companies (RKT) raised $3.2 billion in an initial public offering (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.

Who are Rocket Companies' major shareholders?

Rocket Companies' top institutional investors include GFG Capital LLC (0.03%), HCR Wealth Advisors, Oak Thistle LLC and GAMMA Investing LLC. 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: 7/31/2025
• Today: 10/08/2025
• Next Earnings (Estimated): 11/11/2025
• 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: $17.04
• High Price Target: $25.00
• Low Price Target: $10.50
• Potential Upside/Downside: +5.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 108.20
• P/E Growth: N/A
• Net Income: $29.37 million
• Net Margins: -0.01%
• Pretax Margin: -0.44%
• Return on Equity: 3.18%
• Return on Assets: 1.01%

Debt

• Debt-to-Equity Ratio: 2.36
• Current Ratio: 18.74
• Quick Ratio: 18.74

Sales & Book Value

• Annual Sales: $5.10 billion
• Price / Sales: 6.70
• Cash Flow: $0.20 per share
• Price / Cash Flow: 79.72
• Book Value: $4.53 per share
• Price / Book: 3.58

Miscellaneous

• Outstanding Shares: 2,104,520,000
• Free Float: 154,893,000
• Market Cap: $34.16 billion
• Optionable: Optionable
• Beta: 2.23