Rocket Companies Sees Unusually Large Options Volume (NYSE:RKT)

Rocket Companies, Inc. (NYSE:RKT) was the target of some unusual options trading activity on Friday. Stock traders bought 142,503 call options on the stock. This represents an increase of 42% compared to the typical daily volume of 100,605 call options.

Insider Buying and Selling

In other Rocket Companies news, Director Matthew Rizik sold 2,500 shares of Rocket Companies stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $21.26, for a total value of $53,150.00. Following the completion of the sale, the director owned 1,046,036 shares in the company, valued at $22,238,725.36. The trade was a 0.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 32,500 shares of company stock worth $645,775 over the last 90 days. 92.64% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Rocket Companies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. ORG Partners LLC raised its position in Rocket Companies by 22.3% during the 4th quarter. ORG Partners LLC now owns 2,857 shares of the company’s stock worth $55,000 after purchasing an additional 520 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Rocket Companies by 18.4% in the second quarter. PNC Financial Services Group Inc. now owns 3,890 shares of the company’s stock valued at $55,000 after buying an additional 605 shares during the period. Manchester Capital Management LLC raised its position in shares of Rocket Companies by 0.5% during the fourth quarter. Manchester Capital Management LLC now owns 116,466 shares of the company’s stock worth $2,255,000 after acquiring an additional 618 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Rocket Companies by 3.5% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 18,817 shares of the company’s stock worth $365,000 after acquiring an additional 636 shares during the period. Finally, Miller Wealth Advisors LLC boosted its holdings in Rocket Companies by 65.0% in the third quarter. Miller Wealth Advisors LLC now owns 1,650 shares of the company’s stock valued at $32,000 after acquiring an additional 650 shares during the last quarter. 4.59% of the stock is currently owned by institutional investors and hedge funds.

Key Rocket Companies News

Here are the key news stories impacting Rocket Companies this week:

• Positive Sentiment: Q4 results beat expectations — adjusted EPS $0.11 vs. consensus ~$0.09 and revenue $2.44B, up 52% year‑over‑year; the market reacted strongly to those beats. Zacks — Q4 Earnings Beat
• Positive Sentiment: Management issued stronger Q1 revenue guidance ( ~$2.6B–$2.8B vs. Street ~ $2.3B ), signaling continued top‑line momentum into the new quarter. Company Q4 Press Materials
• Positive Sentiment: Strategic alliance with Compass / Redfin to surface Compass’s exclusive listings could materially expand Rocket’s addressable market and lead generation (company cites potential for ~500k additional listings). PR Newswire — Compass Alliance
• Neutral Sentiment: Analyst action: Wells Fargo raised its price target from $17 to $19 and kept an “equal weight” rating — a modest endorsement but not a buy upgrade. Benzinga — Wells Fargo PT Raise
• Neutral Sentiment: Management change: CFO Brian Brown was appointed President while remaining CFO/Treasurer — continuity in finance leadership but adds an execution watchpoint. PR Newswire — Earnings Release
• Negative Sentiment: Short interest surged in February (~54.4M shares short, ~35.1% of float), raising the risk of volatility and squeezes despite the low days‑to‑cover.
• Negative Sentiment: Full‑year profitability was pressured by heavy acquisition activity (profits fell on the year), which could weigh on margins even as Q4 shows recovery. Crain’s Detroit — Acquisition Impact

Rocket Companies Price Performance

Shares of NYSE RKT traded up $0.40 during mid-day trading on Friday, hitting $18.17. 54,245,617 shares of the stock traded hands, compared to its average volume of 32,463,313. The company has a market cap of $38.23 billion, a PE ratio of 227.12 and a beta of 2.31. Rocket Companies has a twelve month low of $10.94 and a twelve month high of $24.36. The company has a debt-to-equity ratio of 2.16, a current ratio of 19.68 and a quick ratio of 19.68. The firm has a 50 day simple moving average of $20.03 and a two-hundred day simple moving average of $18.92.

Rocket Companies (NYSE:RKT) last posted its earnings results on Thursday, February 26th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. Rocket Companies had a positive return on equity of 2.83% and a negative net margin of 1.77%.The firm had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.24 billion. The business’s quarterly revenue was up 52.2% on a year-over-year basis. During the same period last year, the company earned $0.04 earnings per share. As a group, equities research analysts forecast that Rocket Companies will post 0.15 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Rocket Companies in a research report on Monday, December 29th. Wall Street Zen downgraded shares of Rocket Companies from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. JPMorgan Chase & Co. started coverage on shares of Rocket Companies in a research note on Monday, January 12th. They issued a “neutral” rating and a $24.00 price objective on the stock. Barclays set a $22.00 target price on Rocket Companies and gave the stock an “equal weight” rating in a research note on Tuesday, January 6th. Finally, Oppenheimer started coverage on Rocket Companies in a research note on Thursday, November 13th. They issued an “outperform” rating and a $25.00 price target on the stock. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $20.64.

About Rocket Companies

Rocket Companies, Inc is a Detroit-based holding company whose businesses are centered on digital mortgage origination and related consumer finance and real estate services. The company grew out of the Quicken Loans franchise and completed an initial public offering in 2020. Founder Dan Gilbert remains a prominent figure associated with the firm, which operates a suite of brands that aim to simplify the home financing and buying experience through technology and scale.

The company’s core activity is mortgage lending through its Rocket Mortgage platform, which offers online application, underwriting and servicing for home purchase and refinance loans.