Rocket Companies (RKT) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $13.46 to $14.05
• 50-Day Range: $11.11 to $14.94
• 52-Week Range: $10.06 to $21.38
• Volume: 19.65 million shs
• Average Volume: 6.82 million shs
• Market Capitalization: $27.08 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $14.38
• Consensus Rating: Reduce

Rocket Companies Stock Analysis - MarketRank™

Rocket Companies scored higher than 20% of companies evaluated by MarketBeat, and ranked 729th out of 901 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: 1.0 / 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, 9 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Rocket Companies has only been the subject of 4 research reports in the past 90 days.

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 -451.33, 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 -451.33, 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 2.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

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

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

• 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

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 and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.28

News Sentiment

Rocket Companies has a news sentiment score of 0.28. 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 0.74 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 24 news articles for Rocket Companies this week, compared to 10 articles on an average week.

Search Interest

27 people have searched for RKT on MarketBeat in the last 30 days. This is an increase of 108% compared to the previous 30 days.

MarketBeat Follows

8 people have added Rocket Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 60% 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 20.2% and is now trading at $13.54.

How were Rocket Companies' earnings last quarter?

Rocket Companies, Inc. (NYSE:RKT) announced its earnings results on Thursday, May, 8th. The company reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. The firm's revenue for the quarter was down 10.8% compared to the same quarter last year.
Read the conference call transcript.

When did Rocket Companies' stock split?

Shares of Rocket Companies split on the morning of Thursday, August 28th 2014.The 2-1 split was announced on Monday, July 28th 2014. The newly created 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.

Does Rocket Companies have any subsidiaries?

The following companies are subsidiaries of Rocket 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 $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 acted 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.

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: 7/08/2025
• 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
• CIK: 1805284
• Web: www.rocketcompanies.com
• Phone: 313-373-7990
• Fax: N/A
• Employees: 14,200
• Year Founded: 1985

Price Target and Rating

• Average Stock Price Target: $14.38
• High Stock Price Target: $18.00
• Low Stock Price Target: $10.50
• Potential Upside/Downside: +6.2%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.92
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 90.27
• 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: $4.59 billion
• Price / Sales: 5.91
• Cash Flow: $0.20 per share
• Price / Cash Flow: 67.01
• Book Value: $4.53 per share
• Price / Book: 2.99

Miscellaneous

• Outstanding Shares: 2,000,152,000
• Free Float: 147,211,000
• Market Cap: $27.08 billion
• Optionable: Optionable
• Beta: 2.28