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Rocket Companies, Inc. (RKT)

12.80 +0.88 (+7.38%)
At close: October 30 at 4:00:03 PM EDT
12.79 -0.01 (-0.06%)
After hours: October 30 at 7:59:18 PM EDT
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RKT Q3 2026 earnings call
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37m ago
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Rocket Companies reported strong third-quarter 2026 results, supported by market-share gains, recurring servicing income, and Mr. Cooper cost synergies. Management expects a weaker fourth quarter, with adjusted revenue guided to $2.1 billion–$2.3 billionas refinance activity declines.

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  • Previous Close 11.92
  • Open 12.56
  • Bid 12.78 x 490000
  • Ask 12.75 x 460000
  • Day's Range 12.26 - 12.85
  • 52 Week Range 10.18 - 24.36
  • Volume 54,352,038
  • Avg. Volume 32,281,279
  • Market Cap (intraday) 36.245B
  • Beta (5Y Monthly) 2.25
  • PE Ratio (TTM) --
  • EPS (TTM) -0.03
  • Earnings Date Oct 29, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 15.68
  • Morningstar Rating Rating available with Stock Picks access

Rocket Companies, Inc., a fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada. It operates in two segments, Direct to Consumer and Partner Network. The company offers Rocket Mortgage, a mortgage lender service; Redfin, a digital real estate brokerage and home search platform; Rocket Close, a digital experience for appraisal management, settlement, and title services; Rocket Money, a finance app that offers a suite of financial wellness services including subscription cancellation, budget management and credit score improvement; and Rocket Loans, a platform for personal loan. It also originates, closes, sells, and services agency-conforming loans; and provides Rocket Pro that works with mortgage brokers, community banks, and credit unions, to maintain own brand and client relationships. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. was formerly a subsidiary of Rock Holdings Inc.

www.rocketcompanies.com

23,500

Full Time Employees

December 31

Fiscal Year Ends

Mortgage Finance

Industry

Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

RKT
33.88%
S&P 500 (^GSPC)
10.73%

1-Year Return

RKT
19.70%
S&P 500 (^GSPC)
11.11%

3-Year Return

RKT
85.04%
S&P 500 (^GSPC)
81.91%

5-Year Return

RKT
11.65%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 2.57B
Earnings 709M
Profit Margin 27.54%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
500M
1B
2B
2B
3B
5.0%
10.0%
15.0%
20.0%
25.0%

Analyst Insights

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Top Analyst

JP Morgan
50/100
Latest Rating
Neutral

Analyst Price Targets

12.50
15.68 Average
12.80 Current
20.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/30/2026
Analyst JP Morgan
Rating Action Maintains
Rating Neutral
Price Action Raises
Price Target 12.5 -> 13

Statistics

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Valuation Measures

Annual
As of 10/29/2026
  • Market Cap

    33.75B

  • Enterprise Value

    --

  • Trailing P/E

    46.28

  • Forward P/E

    16.56

  • PEG Ratio (current)

    --

  • Price/Sales (ttm)

    3.44

  • Price/Book (mrq)

    1.39

  • Enterprise Value/Revenue

    --

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    4.60%

  • Return on Assets (ttm)

    2.81%

  • Return on Equity (ttm)

    3.03%

  • Revenue (ttm)

    10.24B

  • Net Income Avi to Common (ttm)

    471M

  • Diluted EPS (ttm)

    -0.03

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    3.45B

  • Total Debt/Equity (mrq)

    140.91%

  • Levered Free Cash Flow (ttm)

    -3.57B

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Company Insights

Fair Value

12.80 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • Rocket Earnings: Better-Than-Feared Results, but the Worst Is Yet to Come

    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.

  • The Acquisitions of Mr. Cooper Group and Redfin Make Rocket a Mortgage Giant

    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.

  • The major stock indices are lower at midday, with the S&P 500 off by about 0.

    The major stock indices are lower at midday, with the S&P 500 off by about 0.40%, the DJIA off about 1.0%, and the Nasdaq lower by about 0.25%. New tariffs imposed by Canada, rising oil prices, and growing sentiment that the Fed is likely to raise rates next week are all dragging down the mood on Wall Street. Crude oil is at about $93 per barrel and the yield on the 10-year note is at 4.78%.

  • Mortgages rates remain elevated

    Detroit-based Rocket Companies has three main businesses: Rocket Mortgage, a mortgage lender; Rocket Money, a personal finance app; and Rocket Homes, a home search platform and real estate agent referral network. The company had approximately 7,400 employees.

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