Rocket Companies, Inc. (NYSE:RKT) Receives $20.50 Consensus PT from Analysts

Shares of Rocket Companies, Inc. (NYSE:RKT) have earned a consensus rating of “Hold” from the sixteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $20.6429.

RKT has been the topic of several analyst reports. Jefferies Financial Group began coverage on shares of Rocket Companies in a research report on Friday, December 19th. They issued a “buy” rating and a $25.00 target price on the stock. Oppenheimer assumed coverage on shares of Rocket Companies in a research report on Thursday, November 13th. They set an “outperform” rating and a $25.00 price objective on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Rocket Companies in a report on Monday, December 29th. Wells Fargo & Company raised their target price on Rocket Companies from $17.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, BTIG Research reissued a “buy” rating and issued a $25.00 price objective on shares of Rocket Companies in a research note on Wednesday, November 19th.

Rocket Companies Stock Up 2.2%

Shares of Rocket Companies stock opened at $18.17 on Friday. Rocket Companies has a 12-month low of $10.94 and a 12-month high of $24.36. The firm has a market capitalization of $38.23 billion, a PE ratio of -139.75 and a beta of 2.31. The company has a quick ratio of 19.68, a current ratio of 19.68 and a debt-to-equity ratio of 2.16. The stock’s fifty day moving average is $20.01 and its 200-day moving average is $18.93.

Rocket Companies (NYSE:RKT) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. Rocket Companies had a positive return on equity of 4.38% and a negative net margin of 1.02%.The firm had revenue of $2.44 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter last year, the business posted $0.04 EPS. Rocket Companies’s revenue was up 52.2% on a year-over-year basis. Equities analysts anticipate that Rocket Companies will post 0.15 earnings per share for the current year.

Key Stories Impacting Rocket Companies

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

Insider Buying and Selling

In other Rocket Companies news, Director Matthew Rizik sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $21.26, for a total value of $53,150.00. Following the transaction, the director owned 1,046,036 shares in the company, valued at approximately $22,238,725.36. This represents a 0.24% decrease in their position. The transaction was disclosed in a filing 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 quarter. Insiders own 92.64% of the company’s stock.

Hedge Funds Weigh In On Rocket Companies

Several institutional investors and hedge funds have recently modified their holdings of the stock. T. Rowe Price Investment Management Inc. raised its holdings in shares of Rocket Companies by 19.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 5,406,444 shares of the company’s stock worth $104,669,000 after acquiring an additional 868,441 shares in the last quarter. Compound Planning Inc. acquired a new position in Rocket Companies in the 4th quarter worth about $327,000. Invesco Ltd. increased its position in Rocket Companies by 202.9% in the 4th quarter. Invesco Ltd. now owns 1,184,072 shares of the company’s stock worth $22,924,000 after purchasing an additional 793,160 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in shares of Rocket Companies by 148.2% during the 4th quarter. Axxcess Wealth Management LLC now owns 36,126 shares of the company’s stock worth $699,000 after purchasing an additional 21,573 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in shares of Rocket Companies by 101.1% during the 4th quarter. Corient Private Wealth LLC now owns 129,632 shares of the company’s stock valued at $2,510,000 after buying an additional 65,161 shares during the last quarter. 4.59% of the stock is currently owned by hedge funds and other institutional investors.

Rocket Companies Company Profile

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.