UBS upgraded Rocket Companies from Sell to Neutral and set a new price target of $11.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 11/5/2024 | $11.00 → $18.00 | Equal-Weight | Morgan Stanley |
| 8/5/2024 | Underperform → Mkt Perform | Keefe Bruyette | |
| 1/16/2024 | $9.00 → $10.00 | Neutral → Sell | Citigroup |
| 1/10/2024 | Hold | Deutsche Bank | |
| 1/4/2024 | $8.50 → $10.50 | Neutral → Underweight | JP Morgan |
425 - Rocket Companies, Inc. (0001805284) (Filed by)
425 - Rocket Companies, Inc. (0001805284) (Filed by)
425 - Rocket Companies, Inc. (0001805284) (Filed by)
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
DETROIT, Feb. 13, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and other financial services businesses, today announced that the Company will issue its fourth quarter and full year 2024 earnings on February 27, 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. A live webcast of the event will be available on the "Events & Prese
SC 13G/A - Rocket Companies, Inc. (0001805284) (Subject)
SC 13G/A - Rocket Companies, Inc. (0001805284) (Subject)
SC 13G/A - Rocket Companies, Inc. (0001805284) (Subject)
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
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,
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
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
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
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
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)
4 - Rocket Companies, Inc. (0001805284) (Issuer)