Rocket Companies/$RKT

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About Rocket Companies

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.

Ticker

$RKT
Sector

Primary listing

NYSE

Employees

14,200

Rocket Companies Metrics

BasicAdvanced
$44B
-
-$0.01
2.29
$1.01
4.78%

What the Analysts think about Rocket Companies

Analyst ratings (Buy, Hold, Sell) for Rocket Companies stock.

Bulls say / Bears say

The acquisition of Mr. Cooper Group will add nearly 7 million clients, increase loan volume and recurring revenues, while lowering client acquisition costs. (Reuters)
Rocket’s all-stock purchase of Redfin for $1.75 billion integrates real estate listings into its platform, enhancing cross-selling opportunities for its mortgage products. (Reuters)
The Mr. Cooper deal is expected to generate an additional $100 million in pre-tax revenue and save $400 million through operational efficiencies, immediately accretive to adjusted EPS. (Reuters)
A bipartisan group of U.S. Senators has urged antitrust authorities to explain why they have not challenged Rocket’s $1.75 billion Redfin and $9.4 billion Mr. Cooper acquisitions, raising the risk of regulatory intervention or divestiture. (Reuters)
Sustained high U.S. mortgage rates, averaging 6.98%, and persistent housing affordability issues are projected to dampen homebuying demand and slow Rocket’s loan origination growth. (Reuters)
Lawmakers warned that the vertical integration of mortgage origination, servicing, and listings could allow Rocket to direct Redfin users to its products and potentially misuse consumer data, undermining consumer trust. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 2 Sept 2025.

Rocket Companies Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Rocket Companies Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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