Rocket Companies Stock (NYSE:RKT)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$20.67

52W Range

$7.17 - $21.38

50D Avg

$17.64

200D Avg

$14.10

Market Cap

$2.87B

Avg Vol (3M)

$3.31M

Beta

2.42

Div Yield

-

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.

Show More

Industry

Financial - Mortgages

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

14,700

IPO Date

Aug 06, 2020

Website

RKT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Service$8.01M$12.11M$12.75M
Real Estate Network Referral$49.67M$48.21M$54.18M
Closing Fees$77.90M$157.85M$506.69M
Contact Center$902.00K$17.48M$45.48M
Core Digital Media Lead Generation Revenue$4.61M$9.05M$27.70M
Subscription Revenue$178.77M$118.34M-
Appraisal Revenue$39.91M$65.08M$96.47M

Fiscal year ends in Dec 23 | Currency in USD

RKT Financial Summary


Dec 23Dec 22Dec 21
Revenue$3.61B$5.68B$12.68B
Operating Income$-42.92M$160.92M$420.95M
Net Income$-15.51M$699.93M$6.07B
EBITDA$67.35M$254.94M$495.66M
Basic EPS$-0.01$0.36$3.05
Diluted EPS$-0.01$0.36$3.05

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Aug 01, 24 | 9:53 PM
Q1 24May 02, 24 | 12:00 AM
Q4 23Feb 22, 24 | 8:29 PM

Peer Comparison


TickerCompany
LDIloanDepot, Inc.
OCNOcwen Financial Corporation
SNFCASecurity National Financial Corporation
ECPGEncore Capital Group, Inc.
PFSIPennyMac Financial Services, Inc.
GHLDGuild Holdings Company
UWMCUWM Holdings Corporation
COOPMr. Cooper Group Inc.
GHIGreystone Housing Impact Investors LP
VELVelocity Financial, Inc.