Rocket Companies Stock (NYSE:RKT)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$15.50

52W Range

$10.94 - $24.36

50D Avg

$19.39

200D Avg

$17.54

Market Cap

$42.78B

Avg Vol (3M)

$29.60M

Beta

2.31

Div Yield

$0.80 (5.28%)

RKT Company Profile


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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Industry

Financial - Mortgages

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

14,200

IPO Date

Aug 06, 2020

Website

RKT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 25Dec 24Dec 23
Direct To Customer Segment$4.79B$3.89B-
Partner Network Segment$668.00M$669.83M-
Closing Fees-$106.45M$77.90M
Subscription Revenue-$266.94M$178.77M
Real Estate Network Referral-$53.55M$49.67M
Appraisal Revenue-$35.53M$39.91M
Contact Center--$902.00K
Core Digital Media Lead Generation Revenue--$4.61M
Service--$8.01M

Fiscal year ends in Dec 25 | Currency in USD

RKT Financial Summary


Dec 25Dec 24Dec 23
Revenue$6.88B$5.40B$4.01B
Operating Income$600.00M$668.05M$-402.90M
Net Income$-68.00M$29.37M$-15.51M
EBITDA$890.00M$780.97M$-292.63M
Basic EPS$-0.05$0.21$-0.12
Diluted EPS$-0.05$0.21$-0.01

Fiscal year ends in Dec 25 | Currency in USD

Latest Earnings Call Transcripts


Q4 25Feb 26, 26 | 4:30 PM
Q3 25Oct 30, 25 | 4:30 PM
Q2 25Jul 31, 25 | 4:30 PM

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