Compare · LPRO vs RKT
LPRO vs RKT
Side-by-side comparison of Open Lending Corporation (LPRO) and Rocket Companies Inc. (RKT): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both LPRO and RKT operate in Finance: Consumer Services (Finance), so they compete in similar markets.
- RKT is the larger of the two at $41.14B, about 110.8x LPRO ($371.2M).
- Over the past year, LPRO is up 28.0% and RKT is down 3.2% - LPRO leads by 31.2 points.
- RKT has been more active in the news (17 items in the past 4 weeks vs 2 for LPRO).
- Both have 25 recent analyst ratings on file.
Open Lending Corporation
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.
Rocket Companies Inc.
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.
Latest LPRO
- Amendment: SEC Form SCHEDULE 13G/A filed by Open Lending Corporation
- SEC Form SC 14D9 filed by Open Lending Corporation
- Amendment: SEC Form SCHEDULE 13D/A filed by Open Lending Corporation
- SEC Form SC14D9C filed by Open Lending Corporation
- Open Lending Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Regulation FD Disclosure
- Open Lending Enters into Merger Agreement to be Acquired by ANV
- Open Lending Corporation filed SEC Form 8-K: Leadership Update
- SEC Form 3 filed by new insider Cavin William Dabbs
- Director Hart Todd C converted options into 13,933 shares (SEC Form 4)
- Director Chaudhary Abhijit converted options into 14,943 shares (SEC Form 4)
Latest RKT
- Rocket Companies Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Creation of a Direct Financial Obligation
- Rocket Companies upgraded by Morgan Stanley with a new price target
- Pending Home Sales Slip Amid Stubbornly High Housing Costs, Economic Uncertainty
- Redfin Reports Affordable, Inland College Towns Buck National Trends, Seeing Double-Digit Home Price Growth and Fast Sales
- Redfin Partners With The Weather Company to Bring Weather Data to Every Home Listing
- Better Weather Is the Top Reason Americans Are Planning Out-of-State Moves, Outranking Affordability
- Home Sellers Outnumber Buyers 2 to 1 in Miami, Nashville, and Much of Texas, The Nation’s Strongest Buyer’s Markets
- Redfin Reports U.S. Home Prices Hit All-Time High, Driven in Part By Big Upticks in San Francisco and West Palm Beach
- OpenAI, Anthropic Employees Could Buy Nearly One-Third of All Homes in San Francisco With IPO Earnings
- U.S. Pending Home Sales Rise to Highest Level in 6 Weeks