Rocket Companies, Inc. (RKT)

US — Financial Services Sector
Peers: NDAQ  JPM  MET  ALL  AMP  AIG  MFC 

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Key Metrics & Ratings

  • symbol RKT
  • Rev/Share 29.9621
  • Book/Share 43.4497
  • PB 0.3669
  • Debt/Equity 2.7303
  • CurrentRatio 18.432
  • ROIC 0.002

 

  • MktCap 45014786093.0
  • FreeCF/Share 0.3633
  • PFCF 722.6763
  • PE -8872.4786
  • Debt/Assets 0.6699
  • DivYield 0.0502
  • ROE -0.0001

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 4
  • P/B Score 4
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade RKT BofA Securities Neutral Buy -- $24 Sept. 10, 2025
Initiation RKT BTIG Research -- Buy -- $25 Aug. 19, 2025
Resumed RKT Morgan Stanley -- Equal Weight -- $16 Aug. 14, 2025
Upgrade RKT Barclays Underweight Equal Weight -- $14 April 8, 2025
Upgrade RKT Deutsche Bank Hold Buy -- $16 April 2, 2025
Upgrade RKT Keefe Bruyette Underperform Market Perform -- $14 April 2, 2025
Upgrade RKT UBS Sell Neutral -- $11.5 Jan. 10, 2025
Downgrade RKT Keefe Bruyette Market Perform Underperform $16 $11.5 Dec. 10, 2024

News

Redfin On The Road To Buy Rocket, Wall Street Watches Spread
RDFN, RKT
Published: March 24, 2025 by: Benzinga
Sentiment: Positive

JPMorgan's Dae K Lee is raising Redfin Corp‘s RDFN stock price target from $7 to $12.50, matching Rocket Companies' RKT acquisition price.

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image for news Redfin On The Road To Buy Rocket, Wall Street Watches Spread
REDFIN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Redfin Corporation - RDFN
RDFN, RKT
Published: March 14, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Redfin Corporation (NasdaqGS: RDFN) to Rocket Companies, Inc. (NYSE: RKT). Under the terms of the proposed transaction, shareholders of Redfin will receive 0.7926 shares of Rocket for each share of Redfin that they own. KSF is seeking to determine whether this consideration and the process that.

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image for news REDFIN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Redfin Corporation - RDFN
Rocket-Redfin deal could make home buying more convenient — and more expensive
RDFN, RKT
Published: March 12, 2025 by: Market Watch
Sentiment: Positive

One of the biggest mortgage lenders in the U.S. said it would pay $1.75 billion to buy a well-known real-estate brokerage. The deal, once it goes through, could have major consequences for millions of home buyers.

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image for news Rocket-Redfin deal could make home buying more convenient — and more expensive
Redfin shares jump on $1.75B acquisition by Rocket Companies
RDFN, RKT
Published: March 10, 2025 by: Proactive Investors
Sentiment: Positive

Redfin Corp (NASDAQ:RDFN) shares surged more than 70% after the fintech company annoucned it is being acquired by Rocket Companies Inc (NYSE:RKT) in a transaction valued at $1.75 billion. In the all-stock transaction, Redfin will be acquired for $12.50 per share.

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image for news Redfin shares jump on $1.75B acquisition by Rocket Companies
Rocket Companies to buy real estate firm Redfin in $1.75B deal
RDFN, RKT
Published: March 10, 2025 by: Fox Business
Sentiment: Positive

Rocket Companies announced Monday it has reached an agreement to buy real estate listing platform Redfin. The deal is worth $1.75 billion, according to the companies.

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image for news Rocket Companies to buy real estate firm Redfin in $1.75B deal
Redfin shares soar, Rocket Companies sinks, on news of all-stock acquisition
RDFN, RKT
Published: March 10, 2025 by: Fast Company
Sentiment: Positive

Detroit-based fintech platform Rocket Companies (NYSE: RKT) has reached an agreement to acquire the Seattle mortgage services company Redfin (NASDAQ: RDFN) in an all-stock transaction valued at $1.75 billion, the companies announced on Monday.

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image for news Redfin shares soar, Rocket Companies sinks, on news of all-stock acquisition
Rocket Companies, Inc. (RKT) Q4 2024 Earnings Call Transcript
RKT
Published: February 27, 2025 by: Seeking Alpha
Sentiment: Neutral

Rocket Companies, Inc. (NYSE:RKT ) Q4 2024 Earnings Conference Call February 27, 2025 4:30 PM ET Company Participants Sharon Ng - Head of Investor Relations Varun Krishna - Chief Executive Officer Brian Brown - Chief Financial Officer Conference Call Participants Jeff Adelson - Morgan Stanley Ryan McKeveny - Zelman Ryan Nash - Goldman Sachs Mark DeVries - Deutsche Bank Derek Sommers - Jefferies Doug Harter - UBS Operator Hello, and welcome to the Rocket Companies Inc. Fourth Quarter and Full-Year 2024 earnings call. All lines have been placed on mute to prevent any background noise.

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image for news Rocket Companies, Inc. (RKT) Q4 2024 Earnings Call Transcript
Rocket Companies (RKT) Reports Q4 Earnings: What Key Metrics Have to Say
RKT
Published: February 27, 2025 by: Zacks Investment Research
Sentiment: Neutral

While the top- and bottom-line numbers for Rocket Companies (RKT) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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image for news Rocket Companies (RKT) Reports Q4 Earnings: What Key Metrics Have to Say
Rocket Companies (RKT) Surpasses Q4 Earnings and Revenue Estimates
RKT
Published: February 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Rocket Companies (RKT) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to break-even earnings per share a year ago.

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image for news Rocket Companies (RKT) Surpasses Q4 Earnings and Revenue Estimates
Rocket Mortgage Unveils RocketRentRewards: Transforming Rent Payments Into Homeownership
RKT
Published: February 18, 2025 by: PRNewsWire
Sentiment: Neutral

RocketRentRewards is the first offer in the mortgage industry to provide up to $5,000 in closing cost credits for rent payments DETROIT , Feb. 18, 2025 /PRNewswire/ -- Rocket Mortgage, the nation's largest mortgage lender and a part of Rocket Companies (NYSE: RKT), today introduced RocketRentRewards – the homeownership industry's first offer to provide closing cost credits for renters. With a Rocket mortgage, homebuyers earn 10% back on the last 12 months of rental payments – receiving up to $5,000 in lender credits toward closing costs.

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image for news Rocket Mortgage Unveils RocketRentRewards: Transforming Rent Payments Into Homeownership
Mortgage Market Bottom? Why Rocket Companies Could Be a Buy
RKT
Published: February 18, 2025 by: MarketBeat
Sentiment: Positive

There have been recent developments in the real estate sector guiding investors to become fearful of investing in stocks related to the space. However, not all stocks may be exposed to this level of downside risk in the housing market, as some do carry better risk-to-reward setups behind them, and where today's opportunity for value and momentum investors comes from.

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image for news Mortgage Market Bottom? Why Rocket Companies Could Be a Buy
3 Undervalued Stocks You Don't Want to Overlook
INTC, RKT, W
Published: February 11, 2025 by: MarketBeat
Sentiment: Positive

Every once in a while, the stock market's attention will float away from stocks that deserve it and into areas in the rest of the market that might have been great investments at first but ultimately become too bloated to keep holding. Today's market fits that description in that most of the activity has been centered in the technology sector.

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image for news 3 Undervalued Stocks You Don't Want to Overlook
Rocket Makes Super Bowl History with Own the Dream Ad and Live In-Stadium Singalong
RKT
Published: February 09, 2025 by: PRNewsWire
Sentiment: Neutral

A first-of-its-kind Super Bowl moment blends an anthemic ad with a live stadium singalong, uniting Americans in a call to come home DETROIT , Feb. 9, 2025 /PRNewswire/ -- Rocket Companies (NYSE: RKT), the Detroit-based fintech platform company consisting of mortgage, real estate and personal finance businesses, tonight launched its Own the Dream integrated marketing campaign during the second quarter of Super Bowl LIX. The company's ad spot turned into a nationwide singalong, bringing millions of Americans together.

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image for news Rocket Makes Super Bowl History with Own the Dream Ad and Live In-Stadium Singalong

About Rocket Companies, Inc. (RKT)

  • IPO Date 2020-08-06
  • Website https://www.rocketcompanies.com
  • Industry Financial - Mortgages
  • CEO Varun Krishna
  • Employees 14200

Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and e-Commerce businesses in the United States and Canada. It operates through 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 online car purchasing platforms; and Rocket Loans, an online-based personal loans business. It also offer Core Digital Media, a digital social and display advertiser in the mortgage, insurance, and education sectors; Rocket Solar, which connect homeowners with digital financing solutions through a team of trained solar advisors; Truebill, a personal finance app that helps clients manage every aspect of their financial lives; 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 broker. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings, Inc.