Rocket Companies Stock Rises 9.65% to $23.29 Amid Mortgage-Bond Purchase Proposal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2026
0mins
Source: NASDAQ.COM
- Stock Surge: Rocket Companies' stock rose 9.65% to $23.29 on Friday, reflecting market optimism regarding President Trump's proposed $200 billion mortgage-bond purchase plan, which could alleviate the tight housing market.
- Volume Spike: Trading volume reached 69.9 million shares, about 111% above the three-month average of 33.4 million shares, indicating strong investor interest in the company's future prospects, potentially driving more capital inflow.
- Industry Response: Peers like PennyMac Financial Services and Manhattan Bridge Capital saw increases of 6.41% and 0.66%, respectively, suggesting that optimism surrounding potential policy support for housing credit is spreading, which may boost overall industry recovery.
- Analyst Ratings: Barclays and Jefferies set price targets of $22 and $25, respectively; while these data points may not be actionable for individual investors, they provide context for stock price movements, indicating sustained market attention on Rocket Companies.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like RKT with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on RKT
Wall Street analysts forecast RKT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RKT is 22.18 USD with a low forecast of 18.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
5 Buy
6 Hold
0 Sell
Moderate Buy
Current: 20.760
Low
18.00
Averages
22.18
High
25.00
Current: 20.760
Low
18.00
Averages
22.18
High
25.00
About RKT
Rocket Companies, Inc. is a fintech platform including mortgage, real estate and personal finance businesses: Rocket Mortgage, Redfin, Mr. Cooper, Rocket Homes, Rocket Close, Rocket Money, and Rocket Loans. The Company's full suite of products empowers its clients across financial wellness, personal loans, home search, mortgage finance, title and closing. Through these businesses, it delivers client solutions leveraging its Rocket platform. It operates in two segments: Direct to Consumer and Partner Network. In the Direct to Consumer segment, clients have the ability to interact with Rocket Mortgage digitally and/or with the Company's mortgage bankers. It provides client service and leverages its brand to strengthen its wholesale relationships, through Rocket Pro, as well as enterprise partnerships, both driving growth in its Partner Network segment. The Company's capabilities span the entirety of homeownership, such as home search, financing, title, closing and servicing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Record 33% of U.S. Rentals Now in Large Multifamily Buildings
- Market Structure Shift: According to Redfin's latest report, 33.1% of renter-occupied housing units in the U.S. are now in large multifamily buildings, marking the highest share since 2011, indicating a sustained demand for multifamily housing that could influence future construction investments.
- Decline in Single-Family Rentals: The share of single-family homes rented has fallen to 13.7%, the lowest on record, suggesting that low mortgage rates have led to more single-family homes being purchased, reducing the available rental stock and exacerbating market tightness.
- Significant Urban Disparities: New York City boasts a multifamily rental share of 69.1%, the highest among major U.S. metros, reflecting strong demand for multifamily housing in high-density areas, while Virginia Beach's share is only 22.6%, highlighting structural differences in rental markets across cities.
- Supply-Demand Dynamics: Although construction of multifamily buildings reached a new high in 2024, the surge in rental demand has resulted in more apartments available for rent than renters, keeping rent growth in check and potentially impacting investor return expectations.
Continue Reading
Lady Gaga Honors Fred Rogers in Rocket's Super Bowl LX Teaser
- Ad Debut: Rocket Companies and Redfin make their first appearance in Super Bowl LX with a teaser featuring Lady Gaga's rendition of 'Won't You Be My Neighbor?', marking a significant milestone in Redfin's 20-year history and aiming to resonate with themes of community and belonging.
- Emotional Resonance: Lady Gaga, a 14-time Grammy Award winner, reinterprets this classic song to convey values of care and connection, which is expected to enhance emotional ties between the brand and consumers, thereby increasing the ad's impact.
- Strategic Expansion: This year's ad builds on last year's 'Own the Dream' theme by introducing Redfin to the Super Bowl stage, broadening the narrative from a single home to an entire neighborhood, emphasizing the importance of shared humanity and further enhancing brand recognition.
- Market Impact: The community values showcased in the ad, combined with a revival of the American Dream, are expected to attract more consumer attention, boosting the brand's competitiveness in the real estate market, particularly in the current economic climate where a sense of belonging is increasingly appealing.
Continue Reading