RKT Stock - Rocket Companies, Inc.
Unlock GoAI Insights for RKT
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $5.40B | $4.01B | $6.00B | $13.18B | $15.90B |
| Gross Profit | $4.93B | $3.65B | $5.68B | $12.68B | $15.46B |
| Gross Margin | 91.3% | 91.0% | 94.7% | 96.3% | 97.3% |
| Operating Income | $668.05M | $-402,897,000 | $741.91M | $6.18B | $9.53B |
| Net Income | $29.37M | $-15,514,000 | $46.42M | $308.21M | $197.95M |
| Net Margin | 0.5% | -0.4% | 0.8% | 2.3% | 1.2% |
| EPS | $0.21 | $-0.12 | $0.39 | $2.36 | $1.77 |
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.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 19th 2025 | Jefferies | Initiation | Buy | $25 |
| November 13th 2025 | Oppenheimer | Initiation | Outperform | $25 |
| September 10th 2025 | BofA Securities | Upgrade | Buy | $24 |
| August 19th 2025 | BTIG Research | Initiation | Buy | $25 |
| August 14th 2025 | Morgan Stanley | Resumed | Equal Weight | $16 |
| April 8th 2025 | Barclays | Upgrade | Equal Weight | $14 |
| April 2nd 2025 | Deutsche Bank | Upgrade | Buy | $16 |
| April 2nd 2025 | Keefe Bruyette | Upgrade | Market Perform | $14 |
| January 10th 2025 | UBS | Upgrade | Neutral | $11.5 |
| December 10th 2024 | Keefe Bruyette | Downgrade | Underperform | $11.5← $16 |
| November 15th 2024 | BofA Securities | Upgrade | Neutral | $15 |
| November 5th 2024 | Morgan Stanley | Resumed | Equal Weight | $18← $11 |
| August 5th 2024 | Keefe Bruyette | Upgrade | Market Perform | - |
| January 16th 2024 | Citigroup | Downgrade | Sell | $10← $9 |
| January 10th 2024 | Deutsche Bank | Initiation | Hold | - |
Earnings History & Surprises
RKTEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Feb 26, 2026 | $0.08 | — | — | — |
Q4 2025 | Oct 30, 2025 | $0.04 | $0.07 | +55.8% | ✓ BEAT |
Q3 2025 | Jul 31, 2025 | $0.03 | $0.04 | +46.5% | ✓ BEAT |
Q2 2025 | May 8, 2025 | $0.04 | $0.04 | +4.2% | ✓ BEAT |
Q1 2025 | Feb 27, 2025 | $0.03 | $0.04 | +45.2% | ✓ BEAT |
Q4 2024 | Nov 12, 2024 | $0.08 | $0.08 | -0.1% | ✗ MISS |
Q3 2024 | Aug 1, 2024 | $0.05 | $0.06 | +21.9% | ✓ BEAT |
Q2 2024 | May 2, 2024 | $0.01 | $0.04 | +550.4% | ✓ BEAT |
Q1 2024 | Feb 22, 2024 | $-0.03 | $-0.06 | -100.0% | ✗ MISS |
Q4 2023 | Nov 2, 2023 | $-0.01 | $-0.01 | -100.0% | ✗ MISS |
Q3 2023 | Aug 3, 2023 | $-0.05 | $-0.02 | +60.0% | ✓ BEAT |
Q2 2023 | May 4, 2023 | $-0.10 | $-0.06 | +40.0% | ✓ BEAT |
Q1 2023 | Feb 28, 2023 | $-0.10 | $-0.10 | 0.0% | = MET |
Q4 2022 | Nov 3, 2022 | $-0.03 | $-0.08 | -194.8% | ✗ MISS |
Q3 2022 | Aug 4, 2022 | $-0.01 | $-0.03 | -239.0% | ✗ MISS |
Q2 2022 | May 10, 2022 | $0.18 | $0.15 | -16.7% | ✗ MISS |
Q1 2022 | Feb 24, 2022 | $0.37 | $0.32 | -13.5% | ✗ MISS |
Q4 2021 | Nov 4, 2021 | $0.48 | $0.57 | +18.7% | ✓ BEAT |
Q3 2021 | Aug 12, 2021 | $0.48 | $0.46 | -4.2% | ✗ MISS |
Latest News
Rocket Companies shares are trading higher after Jefferies initiated coverage on the stock with a Buy rating and announced a $25 price target.
📈 PositiveJefferies Initiates Coverage On Rocket Companies with Buy Rating, Announces Price Target of $25
📈 PositiveRocket shares are trading higher after Keefe, Bruyette & Woods maintained a Market Perform rating and raised its price target on the stock from $18 to $20.
📈 PositiveKeefe, Bruyette & Woods Maintains Market Perform on Rocket Companies, Raises Price Target to $20
📈 PositiveCNBC Halftime Report Final Trades: Rocket Companies, American Express Company, SLB, Parker-Hannifin
➖ NeutralWatching Rocket Companies; Hearing Investor Business Daily SwingTrader Buys Stock
📈 PositiveBTIG Reiterates Buy on Rocket Companies, Maintains $25 Price Target
📈 PositiveOppenheimer Initiates Coverage On Rocket Companies with Outperform Rating, Announces Price Target of $25
📈 PositiveWells Fargo Maintains Equal-Weight on Rocket Companies, Raises Price Target to $17
📈 PositiveCNBC Halftime Report Final Trades: Rocket Companies, Meta Platforms, Cleveland-Cliffs, Bristol-Myers Squibb
➖ NeutralRocket shares are trading higher after the company reported better-than-expected Q3 financial results and issued Q4 sales guidance above estimates.
📈 PositiveRocket shares are trading higher after the company reported better-than-expected Q3 financial results and issued Q4 sales guidance above estimates.
📈 PositiveRocket Companies Non-GAAP EPS of $0.07 beats by $0.02, revenue of $1.61B misses by $40M
➖ NeutralRocket Companies Sees Q4 Sales $2.100B-$2.300B vs $2.048B Est
📈 PositiveRocket Companies Q3 Adj. EPS $0.07 Beats $0.05 Estimate, Sales $1.783B Beat $1.668B Estimate
📈 PositiveGoldman Sachs Maintains Neutral on Rocket Companies, Raises Price Target to $22
➖ NeutralUBS Maintains Neutral on Rocket Companies, Raises Price Target to $17
➖ NeutralBTIG Reiterates Buy on Rocket Companies, Maintains $25 Price Target
📈 PositiveRBC Capital Maintains Sector Perform on Rocket Companies, Raises Price Target to $20
➖ NeutralBarclays Maintains Equal-Weight on Rocket Companies, Raises Price Target to $19
➖ NeutralFrequently Asked Questions about RKT
What is RKT's current stock price?
What is the analyst price target for RKT?
What sector is Rocket Companies, Inc. in?
What is RKT's market cap?
Does RKT pay dividends?
Similar Stocks
Financial Services SectorExplore stocks similar to RKT for comparison