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 7,431 funds
0
Analysts bullish %
of 7 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]
94% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 70
78% more capital invested
Capital invested by funds: $1.66B [Q1] → $2.95B (+$1.29B) [Q2]
44.53% more ownership
Funds ownership: 93.0% [Q1] → 137.53% (+44.53%) [Q2]
20% more funds holding
Funds holding: 307 [Q1] → 368 (+61) [Q2]
5% less call options, than puts
Call options by funds: $284M | Put options by funds: $298M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$14
26%
downside
Avg. target
$16.86
10%
downside
High target
$25
33%
upside
7 analyst ratings
1 positive
14%
6 neutral
86%
0 negative
0%
BTIG Eric Hagen | 33%upside $25 | Buy Initiated | 19 Aug 2025 |
Morgan Stanley Jeffrey Adelson | 15%downside $16 | Equal-Weight Reinstated | 14 Aug 2025 |
UBS Douglas Harter | 15%downside $16 | Neutral Maintained | 5 Aug 2025 |
Keefe, Bruyette & Woods Bose George | 20%downside $15 | Market Perform Maintained | 5 Aug 2025 |
Barclays Terry Ma | 15%downside $16 | Equal-Weight Maintained | 1 Aug 2025 |
Financial journalist opinion
Based on 44 articles about RKT published over the past 30 days
Neutral
Business Wire
5 hours ago
Redfin Reports the Mortgage Spread Has Dropped to a 3-Year Low. That's Good News for Homebuyers and Refinancers.
SEATTLE--(BUSINESS WIRE)--The gap between 10-year treasury yields and mortgage rates (known as the mortgage spread) has dropped to its lowest level in over three years, allowing mortgage rates to fall more than treasury yields. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. The spread was 2.26 percentage points as of August 22, down from about 2.5 at the start of summer and 2.68 a year earlier. That's good news for house hunters and homeowners looking.
Neutral
Business Wire
18 hours ago
CORRECTING and REPLACING Two in Five American Workers are Delaying or Canceling a Major Purchase Like a Home or Car Due to Feelings About Job Security
SEATTLE--(BUSINESS WIRE)--Please replace the release dated Aug. 21, 2025 with the following corrected version due to multiple revisions, and replace the graphic with the accompanying corrected graphic. The updated release reads: TWO IN FIVE AMERICAN WORKERS ARE DELAYING OR CANCELING A MAJOR PURCHASE LIKE A HOME OR CAR DUE TO FEELINGS ABOUT JOB SECURITY Two-thirds (66%) of workers are confident about their job security, while 31% are concerned More than two in five (42%) American workers are del.
Positive
Benzinga
22 hours ago
Rocket, Oscar, Hims & Hers: Short Sellers Are Playing With Fire
Wall Street's most crowded shorts are starting to look like powder kegs. Rocket Companies Inc RKT, Oscar Health Inc OSCR, and Hims & Hers Health Inc HIMS are sitting at the top of the market's short-interest leaderboard, each with more than a quarter of their float sold short.
Neutral
Business Wire
1 day ago
Redfin Survey: Struggling Young Renters Forego Restaurants, Skip Meals to Afford Rent
SEATTLE--(BUSINESS WIRE)--Seven in 10 Gen Z and millennial renters struggle to afford their regular housing payments, as do 41% of homeowners in that age group, according to a new report from Redfin, the real estate brokerage powered by Rocket. This report is based on survey results from a Redfin-commissioned survey conducted by Ipsos in May 2025, fielded to more than 4,000 U.S. homeowners and renters. The report focuses on the nearly 2,000 respondents who said they struggle to afford housing,.
Positive
The Motley Fool
2 days ago
3 Brilliant Growth Stocks to Buy Now and Hold for the Long Term
Building long-term, sustainable wealth through the stock market requires patience, discipline, and the power of compounding. This is especially true when investing in growth stocks with strong potential over a multiyear horizon.
Neutral
Business Wire
5 days ago
Redfin Survey: 44% of American Workers Delaying or Canceling Major Purchase Like a Home or Car Due to Feelings About Job Security
SEATTLE--(BUSINESS WIRE)--More than two in five (44%) American workers are delaying or canceling a major purchase like a home or car due to their feelings about job security. An additional 30% have either already made a major purchase sooner than expected, or plan to, according to a new report from Redfin, the real estate brokerage powered by Rocket. This is based on a Redfin-commissioned survey conducted by Ipsos between August 7-8 and 13-14, 2025. The nationally representative survey was fiel.
Neutral
Business Wire
5 days ago
Redfin Reports Home Purchases Are Getting Canceled at a Record Rate
SEATTLE--(BUSINESS WIRE)--Roughly 58,000 U.S. home-purchase agreements were canceled in July, equal to 15.3% of homes that went under contract last month, according to a new report from Redfin, the real estate brokerage powered by Rocket. That's up from 14.5% a year earlier and marks the highest July rate in records dating back to 2017. This is based on a Redfin analysis of MLS pending-sales data. The data are seasonal, which is why Redfin compares this July to past Julys. Please note that home.
Neutral
Business Wire
5 days ago
Redfin Reports Mortgage Rates Drop to 10-Month Low, Pushing Down Monthly Housing Payments
SEATTLE--(BUSINESS WIRE)--The typical homebuyer's monthly mortgage payment is $2,614, the lowest level since January and down $224 from May's all-time high, according to a new report from Redfin, the real estate brokerage powered by Rocket. Housing payments are falling mainly because mortgage rates are falling. The weekly average mortgage rate dropped to a 10-month low of 6.58% last week in the wake of a weak July jobs report and a neutral inflation report. It's worth noting that another reason.
Neutral
Seeking Alpha
6 days ago
Rocket Companies: Not Cheap, But Not The Same Business, Either (Rating Upgrade)
Rocket Companies, Inc. is executing well on its strategy to become a one-stop home buying platform, integrating Redfin and Mr. Cooper with AI-driven efficiencies. Early results show improved customer conversion, faster processes, and real synergy potential, despite a tough housing market and integration risks. RKT valuation is steep, but projected profit growth and operating leverage could justify the premium if execution continues to deliver as forecast.
Neutral
CNBC Television
6 days ago
Final Trades: Rocket Companies, Cisco Systems, Insulet Corp and the IGV
The Investment Committee give you their top stocks to watch for the second half.
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