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 |
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
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
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Luxury home sales increased 2.9% year over year, while non-luxury sales rose 0.7%; both remain near decade-low October levels. Luxury inventory climbed 6.4% year over year, compared with a 9.5% increase in non-luxury inventory, with both categories posting their highest October levels in at least five years. Luxury home prices rose most in Warren, MI (+14.9%), Milwaukee (+13.5%), and San Jose, CA (+11.9%). The only declines were in Tampa, FL (-2.9%) and Oakland, CA (-2.4%). U.S. luxury home sale prices rose 5.5% year over year to a median $1.28 million, a record high for the month of October, according to a new report from Redfin, the real estate brokerage powered by Rocket. Luxur
Would-be homebuyers are sitting on the sidelines, wary of economic uncertainty and still-high housing costs. A dwindling pool of supply is propping up prices. The median U.S. home-sale price rose 2.3% during the four weeks ending November 16, the biggest increase in seven months, according to a new report from Redfin, the real estate brokerage powered by Rocket. Sale prices are rising despite slow homebuying demand because total inventory is dwindling. Still, it's important to note that home prices are growing slower than wages and inflation, meaning homebuying is becoming slightly more affordable. Pending home sales fell 0.8% year over year, a modest decline but the biggest in four m
Rural homebuyers need to earn $75,000 to afford the typical home, up from $36,000 before the pandemic. The median home sale price in rural areas is up 61% from before the pandemic, compared with a 49% increase in suburban areas and a 46% gain in urban areas. The median household income in rural areas has climbed 33%, less than the 37% increase in suburban areas and the 39% uptick in urban areas. Homebuyers need to earn an annual income of $74,508 to afford the median-priced home in rural U.S. counties. That's up 105.8% from before the pandemic, when rural buyers needed to earn $36,206, according to a new report from Redfin, the real estate brokerage powered by Rocket. By compari
The number of homebuyers in the market is at the lowest level on record aside from the start of the pandemic amid high costs and economic uncertainty. Still, buyers hold negotiating power because they're outnumbered by sellers. The strongest buyer's markets are in Texas and Florida, while the strongest seller's markets are in the Tri-State area. San Francisco has shifted to a balanced market. There were an estimated 36.8% more home sellers than buyers in the U.S. housing market in October (or 528,769 more, in numerical terms)—the largest gap in records dating back to 2013. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Redfin defines a ma
Redfin reports California and Florida dominated October's ultra-luxury housing market, with oceanfront estates and celebrity homes going for more than $30 million A brand-new oceanfront estate in Delray Beach, FL was the most expensive home sale of October, bringing in $59 million. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. It's followed closely by the former home of Maroon 5 frontman Adam Levine and Behati Prinsloo, a Montecito, CA compound that fetched $57.3 million. Next are a sprawling ranch in San Diego County that sold for $53 million and a $50 million beachfront Miami-area estate purchased by The Weeknd. All in all, four of Octobe
Prices fell in 14 of the 50 most populous U.S. metros, down from 37 metros posting drops in July U.S. home prices climbed 0.3% month over month in October on a seasonally adjusted basis, following a 0.2% gain in September. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Prices rose 2.9% from a year earlier, ticking down from September's 3.1% year-over-year increase and continuing the gradual slowdown from earlier in the year, when prices were rising more than 5% annually. This is according to the Redfin Home Price Index (RHPI), which uses the repeat-sales pricing method to calculate seasonally adjusted changes in prices of single-family homes
56% of people who report spending less on decorations this year say it's because they're saving money, while 44% cite economic uncertainty Holiday cheer is colliding with financial fear, with 28% of Americans trimming their decorating budgets this year and 26% reining in gift spending, according to a new survey from Rocket Mortgage and Redfin, the real estate brokerage powered by Rocket. The pullback isn't due to a lack of holiday spirit. It's a sign of the times, with many people choosing to spend cautiously amid economic uncertainty. 28% of Americans are spending less on decor this year, and 26% are reducing gift budgets Nearly one-third (28%) of Americans are spending less money on
The AI feature allows home searchers to have a back-and-forth dialogue with Redfin, helping them discover homes that best suit their preferences Redfin (redfin.com), the real estate brokerage powered by Rocket, today launched AI-driven conversational home search. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251113066597/en/Redfin's new AI-powered conversational search feature lets homebuyers have a back and forth dialogue to refine their search Redfin.com now lets consumers find homes by describing what they want in their own words and engaging in a back-and-forth conversation to refine their search. On other major real esta
The homes that do sell are taking a long time to find buyers, who are wary of high housing costs and economic instability U.S. pending home sales fell 0.3% from a year earlier during the four weeks ending November 9, a tiny decline but the first in four months, according to a new report from Redfin, the real estate brokerage powered by Rocket. The homes that are selling are staying on the market longer: Homes are taking a median of 49 days to go under contract, the longest span for this time of year since 2019. House hunters are hesitant because costs are high and the economy is uncertain: The weekly average mortgage rate rose to 6.22% after dropping to a year-low of 6.17% a week e
Redfin reports 22% of U.S. home listings are affordable to the typical U.S. military veteran using a VA loan Nationwide, just over one in five (21.8%) home listings are affordable to the typical U.S. military veteran using a VA loan, while 26.5% are affordable to the typical veteran using a conventional loan. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Affordability has improved slightly over the last two years. Just 20.2% of listings were affordable to the typical veteran using a VA loan in 2023, and 25.5% were affordable to veterans using a conventional loan, the lowest shares on record. For comparison, a similar share (22.8%) of listings
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)
SCHEDULE 13G/A - Rocket Companies, Inc. (0001805284) (Subject)
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
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)
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)
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
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
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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.