Rocket Companies
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
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
8 analyst ratings
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 |
Barclays
Terry Ma
|
$16
|
Equal-Weight
Maintained
|
1 Aug 2025 |
Jefferies
Matthew Hurwit
|
$14
|
Hold
Maintained
|
22 Jul 2025 |
Goldman Sachs
Ryan Nash
|
$16
|
Neutral
Maintained
|
2 Jul 2025 |
Financial journalist opinion
Based on 38 articles about RKT published over the past 30 days