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RKT Overview

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ET
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Intellectia

Loading chart...

High
17.360
Open
17.150
VWAP
16.72
Vol
15.01M
Mkt Cap
48.28B
Low
16.370
Amount
250.98M
EV/EBITDA(TTM)
49.79
Total Shares
2.82B
EV
79.06B
EV/OCF(TTM)
--
P/S(TTM)
3.19
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.
Show More

Events Timeline

(ET)
2026-04-06
14:40:00
Rocket Companies Shares Rise 1.1% to $15.12
select

News

Newsfilter
8.5
04-20Newsfilter
PinnedLate April: Optimal Time for Home Sales
  • Increased Selling Opportunities: According to an analysis by Redfin and Home Economics, homes listed in late April are 18% more likely to sell above the asking price compared to other times of the year, providing sellers with a stronger competitive edge.
  • Price Advantage: Homes listed at the end of April have a median sale price that is 4% higher than the annual average, reflecting increased buyer demand in the spring market, allowing sellers to achieve better sales prices.
  • Faster Sales: Homes listed in late April have a 17% chance of selling within two weeks, indicating that this period has the highest market activity, enabling sellers to complete transactions more quickly.
  • Reduced Competition: The number of homes available at the end of April is typically 8% lower than the peak in summer, which means sellers face less competition in the market, enhancing their chances of successful sales.
stocktwits
8.5
04-20stocktwits
BETR Shares Surge on Strong Mortgage Sales and Partnerships
  • Mortgage Sales Growth: The Mortgage Bankers Association reported a 1.8% increase in overall applications for the week ending April 10, marking the first rise in five weeks, indicating a rebound in market demand that is expected to further drive BETR's business growth.
  • Executive Share Purchases: BETR's CEO Vishal Garg and Chairman Harit Talwar purchased shares at market rates in early April, boosting investor confidence and pushing the stock to its highest level since December 2025, reflecting strong executive belief in the company's future.
  • Partnership with Coinbase: BETR's collaboration with cryptocurrency exchange Coinbase to offer token-backed mortgages allows Americans to use Bitcoin or stablecoins for cash down payments, a move expected to attract younger customers and expand market share.
  • Optimistic Market Sentiment: Sentiment on Stocktwits around BETR stock is deemed 'extremely bullish' with very high message volumes, reflecting strong confidence from retail investors in the company's future performance, with the stock up 40% year-to-date.
Newsfilter
7.5
04-16Newsfilter
Redfin Reports Decline in Pending Home Sales
  • Pending Home Sales Decline: For the four weeks ending April 12, U.S. pending home sales fell 4.1% year-over-year, marking the largest decline in over a year, particularly pronounced in areas like Providence, Houston, and Nassau County, indicating a significant slowdown in market demand.
  • Weakening Homebuying Demand: Geopolitical uncertainties and high housing costs have led to a notable decrease in homebuying demand, with mortgage rates slightly dropping to 6.3%, yet remaining higher than early March levels, causing many potential buyers to adopt a wait-and-see approach.
  • Decrease in New Listings: The number of new home listings declined by 1.4% year-over-year, reflecting sellers' hesitance in a low-demand environment, which could exacerbate supply-demand imbalances and lead to future price fluctuations in the housing market.
  • High Prices Impact Affordability: The median home sale price increased by 2.3% year-over-year to $393,059, and while mortgage rates have slightly decreased, high prices continue to pressure budget-conscious buyers, affecting overall market activity and participation.
Newsfilter
4.0
04-15Newsfilter
American Workers Cancel Major Purchases Due to Job Security Concerns
  • Purchase Plans Disrupted: According to a Redfin survey, 7% of American workers have canceled major purchases like homes or cars due to job security concerns, indicating a direct impact of economic uncertainty on consumer confidence.
  • Delay in Home Buying: Nearly one-third (30%) of respondents reported delaying major purchase plans, reflecting a cautious attitude towards future economic conditions, which could lead to weakened demand in the housing market.
  • Decline in Job Security Confidence: About 32% of workers express increased concerns about job security compared to six months ago, suggesting that changes in the economic environment may influence consumer spending decisions and subsequently affect overall economic growth.
  • Emergency Fund Status: While 55% of workers claim to have an emergency fund for housing payments, only 50% of those concerned about job security possess such funds, highlighting the impact of economic pressures on household financial security.
Newsfilter
2.0
04-09Newsfilter
Texas and Florida Home Sellers Most Likely to Cut Prices
  • Rising Price Cuts: According to Redfin's report, 34.2% of home sellers in February 2026 reduced their listing prices, up from 31.5% a year earlier, indicating increased market competition and a buyer's market compelling sellers to lower prices to attract buyers.
  • Texas and Florida Lead in Cuts: Among the 50 largest U.S. cities, 57.9% of sellers in San Antonio cut prices, followed by Austin at 55.2% and Dallas at 47.3%, reflecting the strong buyer's market in these states where excess supply gives buyers greater bargaining power.
  • Bay Area Sellers Cut Least: In San Francisco, only 7.4% of sellers reduced their prices, demonstrating that Bay Area homeowners tend to underprice their homes to spark bidding wars, effectively minimizing the likelihood of price cuts in a high-demand market.
  • Ownership Duration Affects Cuts: Data shows that only 31.8% of sellers who owned their homes for over seven years cut prices, compared to higher rates among those who owned for shorter periods, indicating that long-term owners are better at adapting to market fluctuations.
moomoo
4.0
04-09moomoo
Redfin Reports Largest Drop in Pending Home Sales in Three Months Due to High Rates and Iran Conflict Impacting Market
  • Home Sales Decline: Recent reports indicate that home sales have experienced the largest decline in three months, attributed to high interest rates affecting market activity.

  • Impact of High Rates: The ongoing high interest rates are significantly influencing consumer behavior and market dynamics, leading to a slowdown in home buying.

  • Market Conditions: The current market conditions are characterized by a combination of high rates and geopolitical tensions, particularly related to the situation in Iran.

  • Future Outlook: Analysts are closely monitoring these trends to assess potential long-term impacts on the housing market and overall economic stability.

Wall Street analysts forecast RKT stock price to rise
11 Analyst Rating
Wall Street analysts forecast RKT stock price to rise
5 Buy
6 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
18.00
Averages
22.18
High
25.00
Current: 0.000
sliders
Low
18.00
Averages
22.18
High
25.00
Wells Fargo
Donald Fandetti
Equal Weight
downgrade
$19 -> $17
AI Analysis
2026-04-09
Reason
Wells Fargo
Donald Fandetti
Price Target
$19 -> $17
AI Analysis
2026-04-09
downgrade
Equal Weight
Reason
Wells Fargo analyst Donald Fandetti lowered the firm's price target on Rocket Companies to $17 from $19 and keeps an Equal Weight rating on the shares. With war risk receding, the next stock battle is AI job fears, where investors seem mostly bearish, the firm argues. Wells notes credit & card spend are tracking well, and stimulus will outweigh gas. The firm expects banks to reiterate a constructive tone on the consumer next week.
JPMorgan
Neutral
downgrade
$24
2026-04-09
Reason
JPMorgan
Price Target
$24
2026-04-09
downgrade
Neutral
Reason
JPMorgan lowered the firm's price target on Rocket Companies to $16.50 from $24 and keeps a Neutral rating on the shares. The firm adjusted targets in the consumer finance group as part of a Q1 earnings preview. The macroeconomic environment "remains volatile and unpredictable," the analyst tells investors in a research note. JPMorgan says "selectivity remains paramount" in this environment.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RKT
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Valuation Metrics

The current forward P/E ratio for Rocket Companies Inc (RKT.N) is 21.32, compared to its 5-year average forward P/E of 28.42. For a more detailed relative valuation and DCF analysis to assess Rocket Companies Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
28.42
Current PE
21.32
Overvalued PE
99.97
Undervalued PE
-43.13

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-40.56
Current EV/EBITDA
17.38
Overvalued EV/EBITDA
148.65
Undervalued EV/EBITDA
-229.78

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
0.98
Current PS
3.63
Overvalued PS
2.62
Undervalued PS
-0.66

Financials

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Whales Holding RKT

D
Durable Capital Partners, LP
Holding
RKT
+61.13%
3M Return
B
Boothbay Fund Management, LLC
Holding
RKT
+18.28%
3M Return
S
Slate Path Capital LP
Holding
RKT
+17.45%
3M Return
M
Maple Rock Capital Partners Inc.
Holding
RKT
+17.28%
3M Return
C
Coatue Management
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+10.42%
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Applied Finance Advisors, LLC
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+9.35%
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Frequently Asked Questions

What is Rocket Companies Inc (RKT) stock price today?

The current price of RKT is 16.425 USD — it has decreased -4.06

What is Rocket Companies Inc (RKT)'s business?

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.

What is the price predicton of RKT Stock?

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 is22.18 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.

What is Rocket Companies Inc (RKT)'s revenue for the last quarter?

Rocket Companies Inc revenue for the last quarter amounts to 2.82B USD, increased 52.53

What is Rocket Companies Inc (RKT)'s earnings per share (EPS) for the last quarter?

Rocket Companies Inc. EPS for the last quarter amounts to 0.02 USD, decreased -91.30

How many employees does Rocket Companies Inc (RKT). have?

Rocket Companies Inc (RKT) has 23500 emplpoyees as of April 21 2026.

What is Rocket Companies Inc (RKT) market cap?

Today RKT has the market capitalization of 48.28B USD.