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Rocket Companies, Inc. (RKT)

Listed on NYSE • Financial Services / Financial - Mortgages
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Overview

Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and e-Commerce businesses in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, an automotive retail marketplace that provides centralized and virtual car sales support to online car purchasing platforms; and Rocket Loans, an online-based personal loans business. It also offer Core Digital Media, a digital social and display advertiser in the mortgage, insurance, and education sectors; Rocket Solar, which connect homeowners with digital financing solutions through a team of trained solar advisors; Truebill, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a technology services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; and Edison Financial, a digital mortgage broker. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings, Inc.

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Key Information

Symbol: RKT
CEO: Varun Krishna
Exchange: NYSE
CIK: 0001805284
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
16.3
Change
-0.46
Change %
-2.74%
Open
16.72
Previous Close
16.76
High
16.83
Low
16
Volume
28,150,892
Market Cap
45,890,084,864
EV/EBITDA
106.38

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
966,463,355
FloatShares
703,500,943
Float Ratio
72.79%
Shares Short
46,570,524
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
4.83%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
1.07 trading days
Held Percent Insiders
1.49%
Held Percent Institutions
29.40%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date 2025-10-30
Earnings Call 2025-10-30
Avg EPS Estimate 0.0791
Low EPS Estimate 0.05
High EPS Estimate 0.11
Revenue
Avg Revenue Forecast 2,224,500,000
Low Revenue Forecast 2,183,000,000
High Revenue Forecast 2,266,000,000

RKT Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$6,165,663,232Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio16.997The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio57.077The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$22,255,521,792Total liabilities, used together with cash and liquidity ratios to assess debt burden.

RKT Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$1,002,004,992EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$0Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$0Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin100.00%Gross margin; a higher value indicates stronger product profitability.
Operating Margin2.58%Operating margin; slightly negative, indicating high operating costs.
Profit Margin-1.68%Net profit margin, which reflects overall profitability.

RKT Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio251.43%Low leverage level, indicating the company has low debt pressure.
Total Debt$22,255,521,792Used together with cash and EBITDA to assess debt-paying ability.

RKT Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)126.50%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)0.00%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for RKT (Key ratios, margins, and cash flow)

Field Value Description
Current Price$16.3Latest stock trading price
Price Target (High)$25Analyst highest expected price
Price Target (Low)$12Analyst lowest expected price
Price Target (Average)$18.67Average target price across analysts
Price Target (Median)$18.5Median of target prices
Average Rating Score2.54Average analyst rating (1=Strong Buy, 5=Sell)
Consensus RecommendationholdConsensus rating
Analyst Coverage Count12Number of analysts providing estimates
Cash Holdings$6,165,663,232Total cash held by the company
Cash per Share$2.93Cash value per outstanding share
Total Debt$22,255,521,792Company's total debt
Quick Ratio16.997Ability to cover short-term liabilities (excludes inventory)
Current Ratio57.077Overall short-term liquidity
Debt/Equity Ratio251.43%Leverage ratio: Debt / Equity
EBITDA$1,002,004,992Earnings before interest, taxes, depreciation & amortization
Total Revenue$6,098,944,000Total company revenue
Revenue per Share$9.41Total revenue divided by shares outstanding
Gross Profit100.00%Revenue minus cost of goods sold
Return on Assets1.90%Net income / Total assets
Return on Equity4.03%Net income / Shareholder equity
Earnings Growth (YoY)0.00%Year-over-year EPS growth
Revenue Growth (YoY)126.50%Year-over-year revenue growth
Gross Margin100.00%Gross profit / Total revenue
EBITDA Margin16.43%EBITDA / Revenue
Operating Margin2.58%Operating income / Revenue
Profit Margin-1.68%Net income / Revenue
Free Cash Flow$0Cash left after capital expenditures
Operating Cash Flow$0Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo