Rocket Companies Stock (NYSE:RKT)


ForecastRevenueOwnershipFinancialsChartTranscripts

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$14.99

52W Range

$10.06 - $21.38

50D Avg

$13.74

200D Avg

$13.56

Market Cap

$31.64B

Avg Vol (3M)

$15.74M

Beta

2.29

Div Yield

$0.80 (5.32%)

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 24Dec 23Dec 22
Subscription Revenue$266.94M$178.77M$118.34M
Real Estate Network Referral$53.55M$49.67M$48.21M
Closing Fees$106.45M$77.90M$157.85M
Appraisal Revenue$35.53M$39.91M$65.08M
Contact Center-$902.00K$17.48M
Core Digital Media Lead Generation Revenue-$4.61M$9.05M
Service-$8.01M$12.11M

Fiscal year ends in Dec 24 | Currency in USD

RKT Financial Summary


Dec 24Dec 23Dec 22
Revenue$5.10B$3.61B$5.68B
Operating Income$3.38B$-294.87M$160.92M
Net Income$700.28M$-15.51M$699.93M
EBITDA$465.38M$67.35M-
Basic EPS$4.97$-2.32$5.80
Diluted EPS$0.01$-0.15$0.36

Fiscal year ends in Dec 24 | Currency in USD

Latest Earnings Call Transcripts


Q1 25May 08, 25 | 4:30 PM
Q4 24Feb 27, 25 | 4:30 PM
Q3 24Nov 12, 24 | 4:30 PM

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