Rocket Companies Stock (NYSE:RKT)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$15.87

52W Range

$7.99 - $21.38

50D Avg

$18.06

200D Avg

$15.07

Market Cap

$2.21B

Avg Vol (3M)

$3.18M

Beta

2.44

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.

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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

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