Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and eCommerce businesses in the United States and Canada. It operates in two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, an automotive retail marketplace that provides centralized and virtual car sales support to national car rental and online car purchasing platforms; and Rocket Loans, an online-based personal loans business. Its solutions also include Core Digital Media, a digital social and display advertiser in the mortgage, insurance, and education sectors; Nexsys, a fintech company, which offers a suite of essential tech solutions for mortgage origination and closing processes through digitization and automation; Lendesk, a technology services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; and Edison Financial, a digital mortgage startup. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. is a subsidiary of Rock Holdings, Inc.
IPO Year: 2020
Exchange: NYSE
Website: rocketcompanies.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2025 | $25.00 | Outperform | Oppenheimer |
| 9/10/2025 | $24.00 | Neutral → Buy | BofA Securities |
| 8/19/2025 | $25.00 | Buy | BTIG Research |
| 8/14/2025 | $16.00 | Equal-Weight | Morgan Stanley |
| 4/8/2025 | $14.00 | Underweight → Equal Weight | Barclays |
| 4/2/2025 | $16.00 | Hold → Buy | Deutsche Bank |
| 4/2/2025 | $14.00 | Underperform → Mkt Perform | Keefe Bruyette |
| 1/10/2025 | $11.50 | Sell → Neutral | UBS |
| 12/10/2024 | $16.00 → $11.50 | Mkt Perform → Underperform | Keefe Bruyette |
| 11/15/2024 | $15.00 | Underperform → Neutral | BofA Securities |
8-K - Rocket Companies, Inc. (0001805284) (Filer)
SCHEDULE 13G/A - Rocket Companies, Inc. (0001805284) (Subject)
SCHEDULE 13G/A - Rocket Companies, Inc. (0001805284) (Subject)
SCHEDULE 13G/A - Rocket Companies, Inc. (0001805284) (Subject)
SCHEDULE 13G/A - Rocket Companies, Inc. (0001805284) (Subject)
10-Q - Rocket Companies, Inc. (0001805284) (Filer)
SCHEDULE 13G/A - Rocket Companies, Inc. (0001805284) (Subject)
SCHEDULE 13G/A - Rocket Companies, Inc. (0001805284) (Subject)
SCHEDULE 13G/A - Rocket Companies, Inc. (0001805284) (Subject)
SCHEDULE 13G/A - Rocket Companies, Inc. (0001805284) (Subject)
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Oppenheimer initiated coverage of Rocket Companies with a rating of Outperform and set a new price target of $25.00
BofA Securities upgraded Rocket Companies from Neutral to Buy and set a new price target of $24.00
BTIG Research initiated coverage of Rocket Companies with a rating of Buy and set a new price target of $25.00
Morgan Stanley resumed coverage of Rocket Companies with a rating of Equal-Weight and set a new price target of $16.00
Barclays upgraded Rocket Companies from Underweight to Equal Weight and set a new price target of $14.00
Deutsche Bank upgraded Rocket Companies from Hold to Buy and set a new price target of $16.00
Keefe Bruyette upgraded Rocket Companies from Underperform to Mkt Perform and set a new price target of $14.00
UBS upgraded Rocket Companies from Sell to Neutral and set a new price target of $11.50
Keefe Bruyette downgraded Rocket Companies from Mkt Perform to Underperform and set a new price target of $11.50 from $16.00 previously
BofA Securities upgraded Rocket Companies from Underperform to Neutral and set a new price target of $15.00
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
Live finance-specific insights
Generated Q3'25 total revenue, net of $1.61 billion and adjusted revenue of $1.78 billion. Adjusted revenue came in above the high end of our guidance rangeReported Q3'25 GAAP net loss of $124 million and adjusted net income of $158 millionDelivered Q3'25 adjusted EBITDA of $349 millionDETROIT, Oct. 30, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE:RKT) ("Rocket Companies" or the "Company"), the Detroit-based homeownership platform company including mortgage, real estate, title and personal finance businesses, today announced results for the third quarter ended September 30, 2025. RKT) is a Detroit-based fintech platform
DETROIT, Oct. 16, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or "the Company"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, today announced that the Company will issue its third quarter 2025 earnings on October 30, 2025. Leadership will host a conference call to discuss results at 4:30 p.m. ET on that date. A press release detailing the Company's results will be issued prior to the call. RKT) is a Detroit-based fintech platform company including mortgage, real estate and personal finance businesses: Rocket Mortgage, Redfin, Rocket
Mr. Cooper Group Inc. (NASDAQ:COOP) ("Mr. Cooper" or the "Company") today announced that at a special meeting of Company stockholders held earlier today, its stockholders voted to adopt the Company's merger agreement with Rocket Companies, Inc. ("Rocket") (NYSE:RKT). As previously announced, under the terms of the merger agreement, Mr. Cooper stockholders are entitled to receive 11 shares of Rocket Class A common stock for each share of Mr. Cooper common stock. Additionally, Mr. Cooper may declare and pay a dividend of $2.00 per share of Mr. Cooper common stock prior to the effective time of the transaction. The final voting results of the Company's special meeting will be reported in a
DETROIT, July 17, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE:RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, today announced that the Company will issue its second quarter 2025 earnings on July 31, 2025. Leadership will host a conference call to discuss results at 4:30 p.m. ET on that date and a press release detailing the Company's results will be issued prior to the call. RKT) is a Detroit-based fintech platform company including mortgage, real estate and personal finance businesses: Rocket Mortgage, Redfin, Rocket
Generated Q1'25 total revenue, net of $1.0 billion and adjusted revenue of $1.3 billion. Adjusted revenue came in at the high end of our guidance rangeReported Q1'25 GAAP net loss of $212 million, or $0.08 GAAP diluted loss per share and adjusted net income of $80 million, or $0.04 adjusted diluted earnings per shareDelivered Q1'25 adjusted EBITDA of $169 millionDETROIT, May 8, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE:RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate, title and personal finance businesses, today announced results for the first quarter ended March 31, 2025.
DETROIT, April 24, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, today announced that the Company will issue its first quarter 2025 earnings on May 8, 2025. Leadership will host a conference call to discuss results at 4:30 p.m. ET on that date and a press release detailing the Company's results will be issued prior to the call. RKT) is a Detroit-based fintech platform company including mortgage, real estate and personal finance businesses: Rocket Mortgage, Rocket Homes, R
Redfin Corporation (NASDAQ:RDFN) will release first-quarter 2025 results after the stock market closes on Tuesday, May 6, 2025. Given the pending acquisition of Redfin by Rocket Companies (NYSE:RKT) that was announced on March 10, 2025, Redfin will not be holding a conference call or live webcast to discuss Redfin's quarterly financial results. The financial results press release will be accessible on Redfin's Investor Relations website at http://investors.redfin.com. Forward-Looking Information This communication contains statements herein regarding the proposed transaction between Rocket Companies, Inc. ("Rocket") and Redfin Corporation ("Redfin"); future financial and operating results
Combined company to service more than $2.1 trillion in loan volumeIntegrating Rocket's originations-servicing recapture flywheel with Mr. Cooper's servicing platform will drive down costs and improve the experience for the companies' nearly 10 million combined clients, representing one in every six mortgagesTransaction is expected to generate annual run-rate revenue and cost synergies of approximately $500 million, contributing to organic revenue growth while increasing operating leverage and maintaining significant capital and liquidity. This announcement follows Rocket's recent agreement to acquire digital brokerage platform RedfinCompanies to host conference call and webcast today at 8:00
Most-visited real estate brokerage website joins with largest mortgage lenderConnects Redfin's nearly 50 million monthly visitors to Rocket's mortgage productsRocket Companies to collapse "Up-C" structure and declares a special cash dividend of $0.80 per share of Class A common stock to be paid on April 3Rocket to host conference call and webcast today at 8:00 a.m. ETDETROIT and SEATTLE, March 10, 2025 /PRNewswire/ -- Rocket Companies (NYSE: RKT), the Detroit-based fintech platform consisting of mortgage, real estate and personal finance businesses, today announced it has entered into an agreement to purchase Redfin (NASDAQ:RDFN), a leading digital real estate brokerage, in an all-stock tran
Generated Q4'24 total revenue, net of $1.8 billion and adjusted revenue of $1.2 billion. Adjusted revenue came in at the high end of our guidance rangeReported Q4'24 GAAP net income of $649 million, or $0.23 GAAP diluted earnings per share and adjusted net income of $85 million, or $0.04 adjusted diluted earnings per shareReported full year 2024 total revenue, net of $5.1 billion and adjusted revenue of $4.9 billion, representing 34% and 30% growth, respectively, year-over-yearReported full year 2024 GAAP net income of $636 million, or $0.21 GAAP diluted earnings per share and adjusted net income of $456 million, or $0.23 adjusted diluted earnings per shareDelivered full year adjusted EBITDA
Analytical look into recent insider purchases
Recently, there has been a series of insider purchases at Rocket Companies Inc. by Director Rizik Matthew. On 2024-06-21, Director Rizik Matthew made a purchase of $8,648 worth of shares, acquiring 622 units at a price of $13.90. This transaction increased his direct ownership by 0.09% to 706,108 units, as reported in SEC Form 4. This purchase indicates confidence from an insider in the company's prospects. Building up to this latest purchase, Rizik Matthew had also bought shares in the previous month. On 2024-05-31, he acquired $4,375 worth of shares (317 units at $13.80), increasing his direct ownership by 0.05% to 702,497 units. Following this, he made purchases on 2024-06-05, 2024-06-07
Rizik Matthew, a prominent figure at Rocket Companies Inc., has been steadily increasing his direct ownership in the company through a series of insider purchases over the past couple of months. The most recent purchase, which took place on June 7, 2024, saw Rizik Matthew acquiring $8,630 worth of shares, equivalent to 602 units at $14.34 per share. This transaction resulted in a marginal increase in his direct ownership by 0.09%, bringing his total direct ownership to 703,727 units as reported in the SEC Form 4. When we examine the pattern of Rizik Matthew's insider purchases leading up to the latest transaction, we can observe a consistent trend of incremental increases in direct ownershi
This live feed shows all institutional transactions in real time.
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It's harder to make a profit as a flipper or a landlord than it used to be; the share of investor-owned homes selling at a loss is sitting at its highest level in 2 years U.S. investor home purchases ticked up 1% year over year in the third quarter, coming in at a total of roughly 52,000. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Investor activity has flattened for the same reason the housing market as a whole is stagnant: Today's market conditions are essentially the opposite of those that fueled the pandemic investment boom, and the current environment means many buyers are priced out of the market. Investors face additional roadblocks, i
Redfin reports active listings of starter homes rose 13% year over year, pushing inventory to its highest October level since 2016 Starter-home sales jumped 4.9% year over year in October as buyers benefited from more choices and modest price growth. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Mid-priced (+0.7%) and high-priced (+0.8%) home sales also rose from a year earlier, a notable change after a long stretch of year-over-year declines. Housing Data By Home Price Tier (October 2025) Redfin Home Tiers Home Price Percentile Median Sale Price Median Sale Price YoY Homes Sold YoY Pending Sales YoY Active Listings YoY
Even though mortgage rates have come down from their peak, housing costs are still too high for many would-be buyers Housing inventory is losing momentum, with growth in total supply slowing down, new listings stalling and delistings becoming more common. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. The supply of U.S. homes for sale rose 5.1% year over year during the four weeks ending November 30, the smallest increase in nearly two years. New listings rose just 0.9%, the smallest uptick in two months, with many homeowners opting to stay put rather than put their home on the market when demand is slow. Some of the homes that are listed a
Homebuyers are getting cold feet due to high housing costs and economic uncertainty. Many are convinced they'll be able to find a home they like better because there are so many listings on the market. Homebuyers are most likely to walk away in Texas and Florida, and least likely in Nassau County, NY and the Bay Area. Roughly 53,000 U.S. home-purchase agreements were canceled in October, equal to 15.1% of homes that went under contract that month, according to a new report from Redfin, the real estate brokerage powered by Rocket. That's up from 14.3% a year earlier. This is based on a Redfin analysis of MLS pending-sales data. The data is seasonal, which is why this October is compare
U.S. homebuyers will start to get some relief in 2026, with affordability improving as income growth outpaces home-price growth. Next year will mark the beginning of a long, slow recovery for the housing market. The Great Housing Reset will take shape in 2026. It won't be a quick price correction or recession, but a yearslong period of gradual increases in home sales and normalization of prices as affordability gradually improves. It will start next year, with incomes rising faster than home prices for a prolonged period for the first time since the Great Recession era, according to annual housing market predictions from Redfin, the real estate brokerage powered by Rocket. Prediction 1: M
U.S. home prices are increasing and mortgage rates ticked up last week after dipping to their lowest level in a year. Rising costs and widespread financial uncertainty are causing house hunters to retreat. U.S. pending home sales declined 2.1% year over year during the four weeks ending November 23, the biggest decline in eight months, according to the latest data from Redfin, the real estate brokerage powered by Rocket. Redfin's analysis is condensed this week due to the Thanksgiving holiday. Leading indicators Indicators of homebuying demand and activity Value (if applicable) Recent change Year-over-year change Source Daily average 30-year fixed mortgage rate
DETROIT, Nov. 26, 2025 /PRNewswire/ -- Rocket Companies (NYSE:RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and personal finance businesses, today announced that Chief Financial Officer Brian Brown will participate in a fireside chat at the 2025 UBS Global Technology and AI Conference in Scottsdale, Arizona. RKT) is a Detroit-based fintech platform company including mortgage, real estate and personal finance businesses: Rocket Mortgage, Redfin, Rocket Homes, Rocket Close, Rocket Money and Rocket Loans. (PRNewsfoto/Rocket Companies)" alt="Founded in 1985
The earnings shortfall is smallest in Cleveland, where the typical retail worker earns 33% less than they would need to afford the typical apartment. New York has the largest shortfall, at 71%. The typical retail worker in America earns $34,436 per year—51.6% less than they would need to afford the typical apartment. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. A renter would need to earn $71,172 to afford the typical apartment, which costs $1,779 per month. That means the typical retail worker earns $36,736 less than they would need to afford the typical apartment, though affordability has improved slightly in recent years. Redfin considers
Luxury home sale prices in West Palm Beach, FL have jumped 187.3% to a median $4.04 million over the past decade—the fastest growth among major U.S. metros. The Sun Belt is home to 8 of the 10 major metros with the fastest growth in luxury home prices since 2015. New York has posted the smallest price growth among major metros in the past 10 years, rising 15.4%—well below the national rise of 82.5%. West Palm Beach, FL is leading a Sun Belt luxury surge that is redefining the upper end of the U.S. housing market, according to a new report from Redfin, the real estate brokerage powered by Rocket. Luxury homes in the South Florida metro sold for a median of $4.04 million in October, u
Redfin reports the number of home listings that were pulled off the market rose to a historically high level in September. Many homeowners would rather stay put than accept a low offer, and this increase in delistings is propping up home prices. Nearly 85,000 U.S. sellers took their homes off the market in September, up 28% from a year earlier and the highest level for that month in eight years, according to a new report from Redfin, the real estate brokerage powered by Rocket. Delistings Have Been Rising For a Year and a Half This September is compared to past Septembers because delistings are seasonal, peaking in the winter months. But looking back over the last few years shows that de
Live Leadership Updates
NEW YORK, Oct. 1, 2025 /PRNewswire/ -- Bentley Systems Inc. (NASD: BSY) will replace Western Union Co. (NYSE:WU) in the S&P MidCap 400, and Western Union will replace Mr. Cooper Group Inc. (NASD: COOP) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 6. Rocket Companies Inc. (NYSE:RKT) acquired Mr. Cooper Group in a deal that closed today, October 1. Western Union's market capitalization is more representative of the small-cap market space. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector October 6, 2025 S&P MidCap
TORONTO, Aug. 12, 2025 /PRNewswire/ -- Viral Nation, a global leader in social-first transformation, today announced it has been named the Social Media Agency of Record for Rocket, the Detroit-based fintech platform including mortgage, real estate, title, and personal finance businesses. Rocket will leverage Viral Nation's influencer marketing, social strategy, community management, and social content creation abilities to deliver raw, relatable homeownership stories that break through social media's glossy facade. At a time when nearly 80% of social media users turn to their
Regional Management Corp. (NYSE:RM), a diversified consumer finance company, today announced the appointment of Julie Booth to its Board of Directors, effective immediately. Ms. Booth most recently served as Chief Financial Officer and Treasurer of Rocket Companies (NYSE:RKT) ("Rocket"), the Detroit-based fintech platform company with mortgage, real estate, and personal finance businesses. Ms. Booth's appointment increases the size of Regional Management's Board of Directors from eight directors to nine directors. Ms. Booth will serve as a member of the Audit Committee of Regional Management's Board of Directors. "We are excited to welcome Julie to our Board," said Maria Contreras-Sweet,
Harnessing the power of social media, dreamers and their biggest advocates come together in support of Habitat for Humanity to help everyone experience home DETROIT, April 16, 2024 /PRNewswire/ -- Rocket Mortgage, the official mortgage partner of the 2024 NFL Draft and a champion of those dreaming of homeownership, today announced the launch of its "Dreammate" campaign – an inspirational, multi-media campaign celebrating the NFL Draft. Through the "Dreammate" movement, Rocket Mortgage aims to inspire those relentlessly chasing their dreams. The campaign acknowledges the valuab
This appointment of Rampell, along with the recent addition of CEO Varun Krishna to the Board, furthers the Company's fintech and AI-driven vision. DETROIT, Feb. 1, 2024 /PRNewswire/ -- Rocket Companies (NYSE: RKT), the Detroit-based fintech platform company including mortgage, real estate and other financial services businesses, today announced that Alex Rampell has been appointed as an independent director to the Company's Board of Directors. RKT) announced that Alex Rampell has been appointed as an independent director to the Company's Board of Directors." alt="Rocket Companies (NYSE:RKT) announced that Alex Rampell has b
Mildenhall is an internationally recognized marketing leader with decades of experience growing brands for public companies including Coca Cola and Airbnb. DETROIT, Jan. 4, 2024 /PRNewswire/ -- Rocket Companies (NYSE:RKT), the Detroit-based fintech platform company including mortgage, real estate and other financial services businesses, today announced that it has named Jonathan Mildenhall as its first ever group Chief Marketing Officer (CMO), effective January 8, 2024. In this new role, Mildenhall will be responsible for creating a unified and compelling voice for all busines
ROYAL OAK, Mich., Dec. 11, 2023 /PRNewswire/ -- Agree Realty Corporation (NYSE:ADC) (the "Company") today announced that Linglong He will join the Company's Board of Directors (the "Board"), effective January 1, 2024. Ms. He is currently the Chief Leadership Advisor at Rocket Central, where she is responsible for executive leadership development for Rocket Companies, Inc. (NYSE:RKT). She co-founded Rocket Central and previously served as President and Chief Operating Officer. Prior to that role, Ms. He served as Chief Information Officer of Rocket Mortgage, one of the nation's
Highly Accomplished Fintech Executive with Proven Track Record of Delivering Superior Performance and InnovationBob Walters, Rocket Companies Executive and Rocket Mortgage CEO to Retire Effective September 5Krishna to Succeed Walters as Rocket Mortgage CEO in dual role; Bill Emerson to Become President and Chief Operating Officer of Rocket CompaniesDETROIT, July 31, 2023 /PRNewswire/ -- Rocket Companies (NYSE: RKT), a Detroit-based fintech platform company consisting of tech-driven mortgage, real estate and financial services businesses, including Rocket Mortgage, Rocket Homes, Rocket Loans and Rocket Money, today announced that its Board of Directors has appointed accomplished fintech execu
Jay Farner to Retire June 1, 2023, After 27 Years with CompanyLongtime Rocket Executive Bill Emerson Named Interim CEO, Emerson Served 15 Years as Farner's Immediate Predecessor Rocket Initiates Search for Permanent SuccessorDETROIT, Feb. 13, 2023 /PRNewswire/ -- Rocket Companies (NYSE:RKT), a Detroit-based fintech platform company consisting of tech-driven mortgage, real estate and financial services businesses, including Rocket Mortgage, Rocket Homes, Rocket Loans and Rocket Money, today announced that following a 27-year career at the Company, Chief Executive Officer Jay Farner plans to retire from his position effective June 1, 2023.