RKT icon

Rocket Companies

21.16 USD
+0.39
1.88%
At close Updated Sep 17, 4:00 PM EDT
Pre-market
After hours
21.33
+0.17
0.8%
1 day
1.88%
5 days
-0.98%
1 month
18.68%
3 months
60.42%
6 months
34.69%
Year to date
95.02%
1 year
2.37%
5 years
-6.25%
10 years
-1.63%
 

About: Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company's mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company's lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket's origination process to offer loans to their customers. The company has rapidly gained market share in recent years and will also be the largest mortgage servicer in the US following its acquisition of the Mr. Cooper Group.

Employees: 14,700

0
Funds holding %
of 7,463 funds
0
Analysts bullish %
of 8 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

120% more first-time investments, than exits

New positions opened: 123 | Existing positions closed: 56

100% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 6 (+3) [Q2]

97% more repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 70

80% more capital invested

Capital invested by funds: $1.66B [Q1] → $2.99B (+$1.33B) [Q2]

46.16% more ownership

Funds ownership: 93.0% [Q1] → 139.15% (+46.16%) [Q2]

21% more funds holding

Funds holding: 307 [Q1] → 370 (+63) [Q2]

0% more call options, than puts

Call options by funds: $317M | Put options by funds: $316M

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$14
34% downside
Avg. target
$17.75
16% downside
High target
$25
18% upside

8 analyst ratings

positive
25%
neutral
75%
negative
0%
B of A Securities
Mihir Bhatia
$24
Buy
Upgraded
10 Sep 2025
BTIG
Eric Hagen
$25
Buy
Initiated
19 Aug 2025
Morgan Stanley
Jeffrey Adelson
$16
Equal-Weight
Reinstated
14 Aug 2025
UBS
Douglas Harter
$16
Neutral
Maintained
5 Aug 2025
Keefe, Bruyette & Woods
Bose George
$15
Market Perform
Maintained
5 Aug 2025

Financial journalist opinion

Based on 38 articles about RKT published over the past 30 days

Neutral
Business Wire
2 days ago
Redfin Reports The Number of Canadians Searching For U.S. Homes Is Down 20% From Last Year
SEATTLE--(BUSINESS WIRE)--The number of Canadian Redfin.com users searching for homes to buy or rent in the U.S. dropped 19.5% year over year in August, according to a new report from Redfin, the real estate brokerage powered by Rocket. For comparison, the total number of prospective buyers and renters searching on Redfin.com declined, too, but by a fraction of the amount. The number of Canadians searching for U.S. homes started dropping significantly in February, when the White House implement.
Redfin Reports The Number of Canadians Searching For U.S. Homes Is Down 20% From Last Year
Positive
Benzinga
3 days ago
Plunging Mortgage Rates Could Light Up These 9 Stocks
Mortgage rates are dropping at their fastest pace in nearly a year which could give a much needed boost to the frozen housing market— as well as stocks tied to home loan servicers, builders and home retailers.
Plunging Mortgage Rates Could Light Up These 9 Stocks
Neutral
Schwab Network
5 days ago
The Big 4: OPEN, RKT, WULF, IREN
@Stockstotrade's Tim Bohen breaks the format of the Big 3 and gives us four stocks he believes investors need to watch. He says Opendoor (OPEN) still holds potential on a pullback despite its parabolic rally Thursday.
The Big 4: OPEN, RKT, WULF, IREN
Neutral
Business Wire
5 days ago
Redfin Reports New Apartments Are Increasingly Likely to Get Snapped Up Quickly as Construction Slows
SEATTLE--(BUSINESS WIRE)--Roughly half (48%) of newly built apartments completed in the first quarter of 2025 were rented within three months, according to a new report from Redfin, the real estate brokerage powered by Rocket. That is up from 47% in the fourth quarter of 2024 and 46% the quarter before that. This is according to a Redfin analysis of the U.S. Census Bureau's seasonally adjusted absorption rate data for unfurnished, unsubsidized, privately financed rental apartments in buildings.
Redfin Reports New Apartments Are Increasingly Likely to Get Snapped Up Quickly as Construction Slows
Neutral
CNBC Television
6 days ago
Final Trades: Rocket Companies, Delta Air Lines, Teck Resources and Tesla
The Investment Committee give you their top stocks to watch for the second half.
Final Trades: Rocket Companies, Delta Air Lines, Teck Resources and Tesla
Neutral
CNBC Television
8 days ago
Final Trades: Lennar, Rocket Companies and the MCHI
The Investment Committee give you their top stocks to watch for the second half.
Final Trades: Lennar, Rocket Companies and the MCHI
Neutral
MarketBeat
8 days ago
Mortgage Pressures Ease, 3 Stocks to Rally on Lower Rates
Everyone is talking about the potential for the Federal Reserve to cut rates in the United States, an event that has the entire stock market trading into new all-time highs, especially the names in the technology sector that make up most of the S&P 500 index today.
Mortgage Pressures Ease, 3 Stocks to Rally on Lower Rates
Neutral
Business Wire
8 days ago
Redfin Reports U.S. Asking Rents Rise Most Since 2022 As Apartment Construction Slows
SEATTLE--(BUSINESS WIRE)--The median U.S. asking rent rose 2.6% ($45) year over year to $1,790 in August—the largest increase since December 2022. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. It's now just $70 below the record high hit in the summer of 2022. August marked the third consecutive month of year-over-year increases following roughly two years of declining or flat rents. On a month-over-month basis, the median asking rent rose 0.3% in Aug.
Redfin Reports U.S. Asking Rents Rise Most Since 2022 As Apartment Construction Slows
Neutral
Seeking Alpha
9 days ago
Rocket Companies, Inc. (RKT) Presents At Barclays 23rd Annual Global Financial Services Conference Transcript
Rocket Companies, Inc. (NYSE:RKT ) Barclays 23rd Annual Global Financial Services Conference September 8, 2025 11:15 AM EDT Company Participants Brian Brown - CFO & Treasurer Conference Call Participants Terry Ma - Barclays Bank PLC, Research Division Presentation Terry Ma Research Analyst All right. I think we'll get started.
Rocket Companies, Inc. (RKT) Presents At Barclays 23rd Annual Global Financial Services Conference Transcript
Positive
Forbes
9 days ago
Rocket Companies: RKT Stock To $40?
Rocket Companies (NYSE: RKT), a fintech platform focused on homeownership and personal finance, has seen its stock climb a strong 85% year-to-date. This momentum reflects its transformative merger with Mr.
Rocket Companies: RKT Stock To $40?
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