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RKT Overview

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0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
14.455
Open
13.690
VWAP
14.13
Vol
37.21M
Mkt Cap
40.18B
Low
13.680
Amount
525.67M
EV/EBITDA(TTM)
43.34
Total Shares
2.82B
EV
68.83B
EV/OCF(TTM)
--
P/S(TTM)
2.51
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)
2026-03-23
14:40:00
Rocket Companies Shares Rise 5.02% to $14.34
select

News

Newsfilter
8.5
03-31Newsfilter
PinnedRedfin Lists Cleveland's Rocket Arena for Sale, Unveiling Unique Open House Event
  • Unique Listing Event: Redfin, in partnership with the Cleveland Cavaliers, has launched the listing for Rocket Arena, covering 823,000 square feet, which is expected to attract a national audience and showcase Cleveland's sports culture.
  • Open House Celebration: The open house event on April 2 will offer unique experiences, with tickets priced at $2.16, and all proceeds benefiting the Cavaliers Community Foundation, reflecting Redfin's commitment to the community.
  • Grand Prize Sweepstakes: Participants have the chance to win exclusive experiences, including dinner on the Cavaliers' main court, demonstrating Redfin's strategy to enhance customer engagement through innovative events.
  • Giant Sign Display: A 46-foot tall Redfin sign has been erected outside Rocket Arena, becoming the most eye-catching open house invitation in the country, further elevating the visibility and impact of this listing event.
CNBC
4.5
12:03 PMCNBC
Mortgage Application Volume Continues to Decline Amid Rising Rates
  • Rising Mortgage Rates: The average contract interest rate for 30-year fixed-rate mortgages increased to 6.57% from 6.43% due to inflation fears stemming from the ongoing war with Iran, which burdens buyers and dampens market activity.
  • Significant Decline in Applications: Total mortgage application volume fell by 10.4% from the previous week, with refinance applications dropping 17%, indicating heightened sensitivity to current rates and a decline in buyer confidence.
  • Fluctuating Purchase Applications: While purchase applications were only 1% higher than the same week last year, they decreased by 3% this week, suggesting that economic uncertainty is impacting buyer confidence, particularly in the traditionally active spring housing market.
  • Uncertain Market Outlook: Although applications for FHA and VA loans are holding up better, the sharp rise in rates and overall economic uncertainty may further suppress buyer confidence, affecting future market performance.
CNBC
8.5
03-26CNBC
Fannie Mae Accepts Crypto-Backed Mortgages, Paving New Path for Homebuyers
  • Crypto Mortgage Innovation: Fannie Mae's collaboration with Better Home and Finance and Coinbase introduces a crypto-backed mortgage product, allowing homebuyers to use Bitcoin or USD Coin as collateral, marking a significant first under government conservatorship and likely attracting a large pool of younger buyers.
  • Loan Structure Innovation: Borrowers must open a Coinbase account and apply for a standard mortgage with Better alongside a second loan backed by crypto assets for the down payment; although this requires paying interest on two loans, Better offers lower rates than most competitors, enhancing affordability.
  • Significant Market Potential: This product aims to assist younger individuals with sufficient crypto assets who prefer not to sell to avoid tax liabilities, potentially driving innovation in the real estate market, especially as cryptocurrency becomes more mainstream, with Fannie Mae's backing likely facilitating the launch of more similar products.
  • Optimistic Future Outlook: The Federal Housing Finance Agency, overseeing Fannie Mae, has shown a bullish stance on cryptocurrency, suggesting that more asset classes (like Ethereum and Solana) may be included in mortgage products, with Tony Giordano predicting that the entire real estate industry will be blockchain-based within the next decade.
CNBC
8.5
03-25CNBC
Single Women Outpace Men in Homebuying Trends
  • Income Disparity Reversal: According to the National Association of Realtors, first-time single women homebuyers have a median income of $73,000, surpassing single men's $66,400, marking a potential shift in long-term homebuying trends favoring women.
  • Rising Homebuyer Proportion: Single women account for 25% of first-time homebuyers compared to 10% for single men, a significant increase from 11% and 9% in 1985, indicating a growing recognition of homeownership as a wealth-building tool among women.
  • Mismatch of Home Prices and Income: From 2000 to 2024, median household income rose by approximately 155%, while home prices surged by about 207%, creating substantial challenges for single buyers, particularly women relying on a single income to qualify for mortgages.
  • Financial Sacrifices for Goals: Among single women buyers, 41% reported making financial sacrifices to save for a down payment, compared to 31% of men, highlighting women's commitment to achieving homeownership and financial independence despite economic hurdles.
CNBC
4.5
03-25CNBC
Impact of Iran War on US Housing Market
  • Rising Mortgage Rates: The average rate for a 30-year fixed mortgage has surged from 5.99% to 6.5% due to the war with Iran, severely undermining the anticipated improvement in housing affordability and leading to a 5% drop in mortgage applications.
  • Sales Forecast Downgrade: Zillow initially projected a 4.3% increase in existing home sales for 2026, but rising energy prices and inflation concerns have introduced new uncertainties, potentially reducing the sales growth to just 1.21%.
  • New Construction Market Struggles: KB Home has lowered its full-year sales forecast following disappointing quarterly earnings, citing that net orders in Q1 fell below necessary levels, reflecting heightened consumer challenges exacerbated by the Middle East conflict.
  • Supply-Demand Imbalance: The cancellation rate of home contracts has reached its highest since 2017, with approximately 13.7% of contracts canceled in February, resulting in over 600,000 more sellers than buyers in the market, creating a precarious and unstable housing environment.
Newsfilter
4.5
03-24Newsfilter
Record High Home Sale Cancellations Amid Buyer Power
  • Cancellation Phenomenon: According to Redfin's analysis, the home sale cancellation rate in the U.S. reached 13.7% in February 2023, up from 12.8% a year earlier, indicating a significant shift in buyer power that destabilizes overall real estate transactions.
  • Market Differentiation: In Tampa, 18.1% of purchase agreements were canceled, making it the highest among 47 major U.S. metros, while San Antonio followed closely at 17.9%, highlighting the abundance of options and negotiating power for buyers in these regions.
  • Economic Uncertainty Impact: Concerns over job security and inflation due to economic and geopolitical uncertainties have led to mortgage rate volatility, causing buyers to hesitate and cancel transactions, further complicating the housing market dynamics.
  • Rising Cancellations in Southern California: Los Angeles saw its cancellation rate rise from 12.1% last year to 15%, reflecting the pressures of a buyer's market in the region, as buyers are more likely to abandon deals under unfavorable conditions.
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
Citizens
Market Perform
initiated
AI Analysis
2026-03-25
Reason
Citizens
Price Target
AI Analysis
2026-03-25
initiated
Market Perform
Reason
Citizens initiated coverage of Rocket Companies with a Market Perform rating and no price target. The shares warrant a premium valuation as the company is the \"clear leader\" in the residential mortgage space, the analyst tells investors in a research note. However, Citizens is looking to the next few quarters for Rocket to execute on its revenue and expense synergy targets with respect to the Mr. Cooper deal and begin to grow earnings in a \"consistent and meaningful way.\"
Keefe Bruyette
Bose George
Market Perform -> Outperform
upgrade
$20 -> $22
2026-03-16
Reason
Keefe Bruyette
Bose George
Price Target
$20 -> $22
2026-03-16
upgrade
Market Perform -> Outperform
Reason
Keefe Bruyette analyst Bose George upgraded Rocket Companies to Outperform from Market Perform with a price target of $22, up from $20. The firm cites valuation for the upgrade with the shares down 25% year-to-date. Under Keefe's base case outlook for mortgage fundamentals and Rocket's earnings, the current shares "screen favorably," the analyst tells investors in a research note. The firm estimates a 50% total return over the next 12 months. The fundamental changes to Rocket's ecosystem and earnings mix create more durable long-term earnings potential, increasing the likelihood of sustained market share gains across both purchase and refinance over time, contends Keefe.
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 29.54, compared to its 5-year average forward P/E of 28.66. 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
28.66
Current PE
29.54
Overvalued PE
102.01
Undervalued PE
-44.69

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
-45.51
Current EV/EBITDA
23.55
Overvalued EV/EBITDA
147.20
Undervalued EV/EBITDA
-238.23

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
0.80
Current PS
5.73
Overvalued PS
2.30
Undervalued PS
-0.71

Financials

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Whales Holding RKT

M
Maple Rock Capital Partners Inc.
Holding
RKT
+20.32%
3M Return
S
Slate Path Capital LP
Holding
RKT
+13.83%
3M Return
C
Cartenna Capital LP
Holding
RKT
+5.80%
3M Return
W
Winton Capital Group Limited
Holding
RKT
+5.62%
3M Return
B
Boothbay Fund Management, LLC
Holding
RKT
+5.47%
3M Return
O
Omega Advisors, Inc.
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RKT
+0.05%
3M Return

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Frequently Asked Questions

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

The current price of RKT is 14.25 USD — it has increased 5.63

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 01 2026.

What is Rocket Companies Inc (RKT) market cap?

Today RKT has the market capitalization of 40.18B USD.