NYSE: RKT
Rocket Companies, Inc. (NYSE: RKT), founded in 1985, is a homeownership platform spanning mortgage, real estate and personal finance.
Its businesses are:
- Rocket Mortgage, which originates mortgages.
- Redfin, a real estate search and brokerage business.
- Rocket Close, which provides title and settlement services.
- Rocket Money, a personal finance subscription app.
- Rocket Loans, a personal lending business.
The company reports two segments:
- **Mortgage** covers origination, servicing, title, closing and appraisal. It earns gain-on-sale revenue, servicing fees, changes in MSR fair value, interest income and title, closing and appraisal fees.
- **All Other** covers Redfin brokerage commissions and real estate referral fees, Rocket Money subscriptions, and Rocket Loans interest income.
Originations come through three channels: Direct to Consumer, Rocket Pro (broker/partner) and Correspondent.
Following its acquisitions of Redfin and Mr. Cooper, Rocket services a $2.0 trillion UPB portfolio of 9.1 million loans. It uses a recapture engine to win servicing clients' future refinance and purchase transactions.
The company is investing heavily in AI across lead conversion, credit pulls, servicing calls and personal finance. One example is Rowan, an AI financial agent built with Anthropic. Updated
Q4 adjusted revenue guidance of $2.1 billion to $2.3 billion marks a clear step down with mortgage rates at a three-year high, even after the Mr. Cooper servicing book lifted servicing fee income to $1.03 billion and carried revenue past expectations.
Rate-sensitive housing stocks are rallying as Treasury yields retreat, and Rocket Companies (NYSE:RKT | RKT Price Prediction) is out in front. Rocket Companies stock is at $13.96, up 9%, in late-day trading.…
Rocket Companies (NYSE:RKT | RKT Price Prediction) reports third-quarter results on October 29, 2026. Shares are down 39.41% year to date. I’ll be watching whether Rocket’s scale can hold up against three…
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The Fed just voted unanimously to keep money expensive, oil is spiking, and the housing recovery that was supposed to save Rocket Companies never showed up. Something has to give, and the…
Omor Ibne Ehsan The Federal Reserve has not touched interest rates in over seven months, yet mortgage rates just climbed to their highest level in years. Understanding why exposes a flaw in how most borrowers…
Rocket Companies keeps losing ground while mortgage peers swing wildly, and the gap between RKT's potential and its reality is growing harder to ignore. Whether a rate shift rescues the stock or…
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Billionaire Leon Cooperman holds three very different positions right now, and the gap between the best and worst setups is wider than it looks from the headlines.
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Shares of Opendoor Technologies (NASDAQ:OPEN) are trading higher by 7% to $4.96 in midday action, while fellow iBuyer Offerpad Solutions (NYSE:OPAD) is up 6% to $5.26. The two home-flipping platforms are the…
Pre-Market Stock Futures: Futures are trading lower after a big start to the holiday-shortened trading week, which saw every index trade higher, after the small-cap Russell 2000 eked out a tiny gain on…
Rocket Companies (NYSE:RKT | RKT Price Prediction) stock is up 13% in midday trading Wednesday, changing hands near $15.21. Opendoor Technologies (NASDAQ:OPEN) stock is climbing 5% to roughly $4.43. Both names are…
Rocket Companies, Inc. (NYSE: RKT), founded in 1985, is a homeownership platform spanning mortgage, real estate and personal finance.
24/7 Wall St.'s 12-month price target for RKT is $15.16, rated Buy. The Wall Street consensus target is $15.72. RKT price prediction →
