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
0
Funds holding %
of 7,345 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
129% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 35
93% more call options, than puts
Call options by funds: $119M | Put options by funds: $61.7M
55% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 69
35% more capital invested
Capital invested by funds: $1.23B [Q4 2024] → $1.66B (+$428M) [Q1 2025]
17.93% more ownership
Funds ownership: 75.06% [Q4 2024] → 93.0% (+17.93%) [Q1 2025]
15% more funds holding
Funds holding: 268 [Q4 2024] → 307 (+39) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$14
25%
downside
Avg. target
$15.50
17%
downside
High target
$16
14%
downside
6 analyst ratings
0 positive
0%
6 neutral
100%
0 negative
0%
Morgan Stanley Jeffrey Adelson | 14%downside $16 | Equal-Weight Reinstated | 14 Aug 2025 |
UBS Douglas Harter | 14%downside $16 | Neutral Maintained | 5 Aug 2025 |
Keefe, Bruyette & Woods Bose George | 20%downside $15 | Market Perform Maintained | 5 Aug 2025 |
Barclays Terry Ma | 14%downside $16 | Equal-Weight Maintained | 1 Aug 2025 |
Jefferies Matthew Hurwit | 25%downside $14 | Hold Maintained | 22 Jul 2025 |
Financial journalist opinion
Based on 38 articles about RKT published over the past 30 days
Positive
Schwab Network
19 hours ago
RKT Soars 80% YTD: How It Served as a Housing Bright Spot
Rocket Companies (RKT) offers mortgage and real estate financial services. The stock also rallied about 80% so far in 2025 even as the rest of the industry underperformed.
Neutral
Business Wire
1 day ago
Permits to Build U.S. Apartments Have Fallen 23% Since the Pandemic Construction Boom
SEATTLE--(BUSINESS WIRE)--Developers obtained permits to build an average of 12.8 multifamily housing units for every 10,000 people in the U.S. over the past year, according to a new report from Redfin, the real estate brokerage powered by Rocket. That's down 23.1% from an average of 16.7 during the pandemic building boom, and down 1.1% from an average of 13 in the years leading up to the pandemic. This is according to a Redfin analysis of U.S. Census Bureau data covering building permits for m.
Neutral
Business Wire
1 day ago
Redfin Reports U.S. Apartment Asking Rents Post Biggest Increase in 2.5 Years
SEATTLE--(BUSINESS WIRE)-- #housingmarket--The median U.S. asking rent rose 1.7% ($30) year over year to $1,790 in July—the largest increase since January 2023. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. July marked the second-consecutive year-over-year increase (the median asking rent rose 0.4% in June) following over two years of declining or flat rents. The median asking rent climbed 0.8% on a month-over-month basis in July. “Asking rents may be climbing becaus.
Positive
Zacks Investment Research
1 day ago
Rate-Cut Bonanza Keeps Markets at Record Highs
Market participants continue to ride the narrative that interest rate cuts will be coming down.
Neutral
Business Wire
2 days ago
Redfin Survey: One in Five House Hunters Is Willing to Compromise Personal Safety to Afford a Home
SEATTLE--(BUSINESS WIRE)-- #housingmarket--Roughly one in five (22%) homebuyers are willing to compromise personal safety to afford a home, according to a new survey, commissioned by Redfin, the real estate brokerage powered by Rocket. Still, personal safety is the top non-negotiable for homebuyers, with 78% calling it a “must-have.” It's followed by two other safety-related location features: a low rate of crime, which 74% consider a must-have, and a low risk of natural disaster, which 68% have on their list o.
Neutral
PRNewsWire
3 days ago
Rocket Appoints Viral Nation as Social Media Agency of Record, Replacing Glossy Social Feeds with Real Stories
TORONTO , Aug. 12, 2025 /PRNewswire/ -- Viral Nation , a global leader in social-first transformation, today announced it has been named the Social Media Agency of Record for Rocket , the Detroit-based fintech platform including mortgage, real estate, title, and personal finance businesses. Rocket will leverage Viral Nation's influencer marketing, social strategy, community management, and social content creation abilities to deliver raw, relatable homeownership stories that break through social media's glossy facade.
Neutral
Business Wire
1 week ago
Buyers, Take Note: Mortgage Rates Are Falling, Home-Price Growth Is Cooling and Supply Is Outpacing Demand
SEATTLE--(BUSINESS WIRE)-- #housingmarket--House hunters got some relief this week as the daily average mortgage rate dropped to its lowest level in nearly a year after a softer-than-expected jobs report. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. A homebuyer on a $3,000 monthly budget can afford a $458,750 home with a 6.55% mortgage rate, roughly the daily average on Wednesday; that buyer has gained roughly $20,000 in purchasing power since mortgage rates hit a r.
Neutral
CNBC Television
1 week ago
Final Trades: Uber, Rocket Companies, Walmart and the XLF
The Investment Committee give you their top stocks to watch for the second half.
Neutral
Business Wire
1 week ago
Redfin Reports Homebuying Affordability Is Improving in These 11 Places
SEATTLE--(BUSINESS WIRE)-- #housingmarket--Homebuyers need to earn $112,131 per year to afford the $447,035 median priced U.S. home, little changed (+0.5%) from a year ago. But in 11 of the 50 most populous U.S. metropolitan areas, the income needed to afford a home has declined. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. U.S. Metro Income need to afford median-priced home YoY change in income required to afford median-priced home Oakland, CA $244,073 -4.6% West P.
Neutral
Business Wire
1 week ago
MR. COOPER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Mr. Cooper Group Inc. - COOP
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Mr. Cooper Group Inc. (NasdaqCM: COOP) to Rocket Companies (NYSE: RKT). Under the terms of the proposed transaction, shareholders of Mr. Cooper will receive 11.0 Rocket shares for each share of Mr. Cooper that they own. KSF is seeking to determine whether this consideration and the process that led.
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