rocket companies inc. - RKT

RKT

Close Chg Chg %
13.16 -0.13 -0.99%

Closed Market

13.03

-0.13 (0.99%)

Volume: 4.40M

Last Updated:

Mar 28, 2025, 3:59 PM EDT

Company Overview: rocket companies inc. - RKT

RKT Key Data

Open

$13.37

Day Range

12.92 - 13.53

52 Week Range

10.06 - 21.38

Market Cap

$1.94B

Shares Outstanding

147.53M

Public Float

134.25M

Beta

2.37

Rev. Per Employee

N/A

P/E Ratio

63.50

EPS

$0.20

Yield

0.00%

Dividend

$0.80

EX-DIVIDEND DATE

Mar 20, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

8.29M

 

RKT Performance

1 Week
 
-7.65%
 
1 Month
 
-6.93%
 
3 Months
 
17.39%
 
1 Year
 
-10.45%
 
5 Years
 
N/A
 

RKT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 13
Full Ratings ➔

About rocket companies inc. - RKT

Rocket Cos., Inc. engages in the provision of a suite of services related to homeownership and other personal financial transactions. It operates through the following segments: Direct to Consumer and Partner Network. The Direct to Consumer segment consists of performance marketing and direct engagement through the Rocket Mortgage App. The Partner Network Segment focuses on partnerships with premier consumer-focused organizations, brokers and mortgage professionals who leverage the platform and scale to provide mortgage solutions to clients. The company was founded by Daniel Gilbert in 1985 and is headquartered in Detroit, MI.

RKT At a Glance

Rocket Cos., Inc.
1050 Woodward Avenue
Detroit, Michigan 48226-1906
Phone 1-313-373-7990 Revenue 4.66B
Industry Finance/Rental/Leasing Net Income 29.37M
Sector Finance 2024 Sales Growth 29.059%
Fiscal Year-end 12 / 2025 Employees 14,200
View SEC Filings

RKT Valuation

P/E Current 63.497
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 54.083
Price to Sales Ratio 0.34
Price to Book Ratio 2.341
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA 18.089
Enterprise Value to Sales 4.848
Total Debt to Enterprise Value 0.618

RKT Efficiency

Revenue/Employee 328,510.986
Income Per Employee 2,068.31
Receivables Turnover 7.369
Total Asset Turnover 0.213

RKT Liquidity

Current Ratio N/A
Quick Ratio N/A
Cash Ratio N/A

RKT Profitability

Gross Margin 97.579
Operating Margin 24.38
Pretax Margin 14.321
Net Margin 0.63
Return on Assets 0.134
Return on Equity 4.425
Return on Total Capital 0.20
Return on Invested Capital 0.295

RKT Capital Structure

Total Debt to Total Equity 1,989.432
Total Debt to Total Capital 95.214
Total Debt to Total Assets 57.021
Long-Term Debt to Equity 1,519.00
Long-Term Debt to Total Capital 72.699
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Rocket Companies Inc. - RKT

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
10.00B 3.85B 3.61B 4.66B
Sales Growth
-33.99% -61.51% -6.10% +29.06%
Cost of Goods Sold (COGS) incl D&A
74.71M 94.02M 110.27M 112.92M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
74.71M 94.02M 110.27M 112.92M
Depreciation
- - - -
-
Amortization of Intangibles
- - - -
-
COGS Growth
+0.53% +25.84% +17.28% +2.40%
Gross Income
9.93B 3.76B 3.50B 4.55B
Gross Income Growth
-34.16% -62.17% -6.68% +29.90%
Gross Profit Margin
+99.25% +97.56% +96.95% +97.58%
2021 2022 2023 2024 5-year trend
SG&A Expense
2.43B 1.85B 1.54B 1.72B
Research & Development
- - - -
-
Other SG&A
- - - -
-
SGA Growth
+21.47% -23.88% -16.87% +11.54%
Other Operating Expense
816.18M 841.39M 2.01B 1.70B
Unusual Expense
- - - -
-
EBIT after Unusual Expense
6.68B 1.06B (42.92M) 1.14B
Non Operating Income/Expense
- - - -
-
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
491.89M 319.98M 359.97M 469.23M
Interest Expense Growth
+13.91% -34.95% +12.50% +30.35%
Gross Interest Expense
491.89M 319.98M 359.97M 469.23M
Interest Capitalized
- - - -
-
Pretax Income
6.18B 741.91M (402.90M) 668.05M
Pretax Income Growth
-35.11% -88.00% -154.31% +265.81%
Pretax Margin
+61.84% +19.27% -11.15% +14.32%
Income Tax
112.74M 41.98M (12.82M) 32.22M
Income Tax - Current - Domestic
64.14M 5.24M 4.55M 2.86M
Income Tax - Current - Foreign
276.00K 560.00K 410.00K 8.00K
Income Tax - Deferred - Domestic
48.38M 36.33M (17.72M) 29.54M
Income Tax - Deferred - Foreign
(66.00K) (156.00K) (63.00K) (188.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - 150.00K 22.00K
-
Consolidated Net Income
6.07B 699.96M (390.08M) 635.83M
Minority Interest Expense
5.76B 653.51M (374.57M) 606.46M
Net Income
308.36M 46.44M (15.51M) 29.37M
Net Income Growth
+55.78% -84.94% -133.40% +289.31%
Net Margin Growth
+3.08% +1.21% -0.43% +0.63%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
308.36M 46.44M (15.51M) 29.37M
Preferred Dividends
- - - -
-
Net Income Available to Common
308.36M 46.44M (15.51M) 29.37M
EPS (Basic)
2.3615 0.3852 -0.1206 0.2082
EPS (Basic) Growth
+37.63% -83.69% -131.31% +272.64%
Basic Shares Outstanding
130.58M 120.58M 128.64M 141.04M
EPS (Diluted)
2.3225 0.279 -0.151 0.2082
EPS (Diluted) Growth
+35.36% -87.99% -154.12% +237.88%
Diluted Shares Outstanding
1.99B 1.97B 1.98B 141.04M
EBITDA
6.75B 1.16B 67.35M 1.25B
EBITDA Growth
-32.74% -82.88% -94.17% +1,756.33%
EBITDA Margin
+67.51% +30.03% +1.86% +26.80%

Snapshot

Average Recommendation HOLD Average Target Price 13.636
Number of Ratings 13 Current Quarters Estimate 0.051
FY Report Date 03 / 2025 Current Year's Estimate 0.466
Last Quarter’s Earnings 0.04 Median PE on CY Estimate N/A
Year Ago Earnings 0.23 Next Fiscal Year Estimate 0.775
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 12 12 13 13
Mean Estimate 0.05 0.12 0.47 0.77
High Estimates 0.12 0.16 0.57 0.95
Low Estimate 0.03 0.09 0.35 0.62
Coefficient of Variance 46.05 16.87 14.79 11.63

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 10 11 11
UNDERWEIGHT 0 0 0
SELL 3 3 4
MEAN Hold Hold Underweight

Insider Actions for Rocket Companies Inc. - RKT

Date Name Shares Transaction Value
Mar 12, 2025 Varun Krishna Chief Executive Officer; Director 1,419,519 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Heather Lovier Chief Operating Officer 642,740 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.77 per share 10,136,009.80
Mar 12, 2025 Heather Lovier Chief Operating Officer 677,388 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Noah Edwards Chief Accounting Officer 94,148 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.77 per share 1,484,713.96
Mar 12, 2025 Noah Edwards Chief Accounting Officer 97,388 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Banfield Bill Chief Business Officer 655,821 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.77 per share 10,342,297.17
Mar 12, 2025 Banfield Bill Chief Business Officer 703,616 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Tina V. John Exe Legal Counsel & Secretary 311,521 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.77 per share 4,912,686.17
Mar 12, 2025 Tina V. John Exe Legal Counsel & Secretary 317,391 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Varun Krishna Chief Executive Officer; Director 1,361,260 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.77 per share 21,467,070.20
Mar 12, 2025 William Emerson President; Director 861,936 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Shawn Malhotra Chief Technology Officer 701,177 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Brian Nicholas Brown Chief Fin. Officer & Treasurer 821,066 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.77 per share 12,948,210.82
Mar 12, 2025 Brian Nicholas Brown Chief Fin. Officer & Treasurer 860,024 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Matthew Rizik Director 88,776 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Matthew Rizik Director 1,033,184 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Jonathan Mildenhall Chief Marketing Officer 635,264 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.77 per share 10,018,113.28
Mar 12, 2025 Jonathan Mildenhall Chief Marketing Officer 681,585 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 William Emerson President; Director 859,204 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $15.77 per share 13,549,647.08
Jun 6, 2024 Matthew Rizik Director 703,125 Open market or private purchase of non-derivative security Non-derivative transaction at $14.35 per share 10,089,843.75

Rocket Companies Inc. in the News