Workflow
Rocket Companies(RKT)
icon
Search documents
Rocket CEO says U.S. mortgage industry is a 'tale of two cities'
Fortune· 2026-02-05 20:40
For the past couple of years, the housing market has been a touchy subject for many Americans. As both mortgage rates and home prices remained elevated far above pandemic levels, many lost hope in the American dream of homeownership, and younger generations gave up on the idea altogether.But the CEO of Rocket Companies, whose flagship subsidiary is Rocket Mortgage, said this week there are signs Americans are moving off the sidelines and vying for homeownership. Coming at the heels of mortgage rates droppin ...
Rocket CEO says U.S. mortgage industry is a ‘tale of two cities.’ His booming business shows a broader reality for American homebuyers
Yahoo Finance· 2026-02-05 20:40
For the past couple of years, the housing market has been a touchy subject for many Americans. As both mortgage rates and home prices remained elevated far above pandemic levels, many lost hope in the American dream of homeownership, and younger generations gave up on the idea altogether. But the CEO of Rocket Companies, whose flagship subsidiary is Rocket Mortgage, said this week there are signs Americans are moving off the sidelines and vying for homeownership. Coming at the heels of mortgage rates drop ...
Here’s Why Rocket Companies (RKT) Slipped in Q4
Yahoo Finance· 2026-02-05 12:57
Core Insights - Diamond Hill Capital's "Small Cap Strategy" reported a favorable performance in Q4 2025, with the Russell 2000 Index gaining 2.19% and a yearly gain of 12.81% [1] - The health care sector was the best performer in the Russell 2000 Index, with an increase of 18.6% [1] - The Strategy outperformed the Russell 2000 Index with a return of 4.88% (net of fees) in the quarter [1] Company-Specific Insights - Rocket Companies, Inc. (NYSE:RKT) was highlighted as a leading detractor in the fourth-quarter report, with a recent stock price of $20.00 per share and a monthly return of -5.84% [2] - Despite the recent underperformance, Rocket Companies, Inc. has seen a significant increase of 51.75% in its stock price over the past twelve months, with a market capitalization of $56.318 billion [2] - The underperformance of Rocket Companies, Inc. is attributed to changing market expectations regarding interest rates, which are crucial for its mortgage origination business [3] Hedge Fund Interest - Rocket Companies, Inc. is not among the 30 most popular stocks among hedge funds, although it was held by 77 hedge fund portfolios at the end of Q3 2025, an increase from 56 in the previous quarter [4] - The company is viewed as having potential, but certain AI stocks are considered to offer greater upside potential with less downside risk [4]
Rocket Companies (RKT) Stock Jumps 8.4%: Will It Continue to Soar?
ZACKS· 2026-02-04 14:25
Rocket Companies (RKT) shares soared 8.4% in the last trading session to close at $20.35. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 11% loss over the past four weeks.Shares of Rocket Companies moved sharply higher yesterday after CEO Varun Krishna said the company is on track to deliver its highest mortgage loan production in four years, signaling a recovery in mortgage demand. The upbeat commentary lifted investor sentimen ...
The Great American Home Search: Redfin's Big Game Debut Kicks Off a Scavenger Hunt for $1 Million Home
Businesswire· 2026-02-04 14:00
DETROIT--(BUSINESS WIRE)--Redfin, part of Rocket Companies (NYSE: RKT), today announced The Great American Home Search – a nationwide activation that transforms the Big Game into a life changing opportunity to win a home valued at more than $1 million. To play, download or update the Redfin app to participate in this never-been-done-before scavenger hunt. The search begins at 8 p.m. ET, moments after Rocket and Redfin's Big Game spot airs on February 8. Over the following 48 hours, Redfin will. ...
Rocket Companies to Announce Fourth Quarter and Full Year 2025 Results on February 26, 2026
Prnewswire· 2026-02-04 12:00
Founded in 1985, Rocket Companies (NYSE: RKT) is a Detroit-based fintech platform including mortgage, real estate and personal finance businesses: Rocket Mortgage, Redfin, Mr. Cooper, Rocket Close, Rocket Money and Rocket Loans. With insights from more than 160 million calls with clients each year, 30 petabytes of data and a mission to Help Everyone Home, Rocket Companies is well positioned to be the destination for AI-fueled homeownership. Known for providing exceptional client experiences, J.D. Power has ...
Stock Market Today, Feb. 3: Rocket Companies Rallies on Signs of Mortgage Demand Recovery
Yahoo Finance· 2026-02-04 00:04
Rocket Companies (NYSE:RKT), a digital mortgage and real estate platform, closed at $20.35, up 8.42% for Tuesday’s session. The stock moved higher after its CEO’s comments on higher mortgage loan production signaled a potential housing-market recovery. The company’s trading volume reached 57.77 million shares, which is about 89% above its three-month average of 30.5 million shares. Rocket Companies IPO'd in 2020. How the markets moved today The S&P 500 (SNPINDEX: ^GSPC) fell 0.84% to 6,917, while the Nas ...
Customer Intelligence, HELOC, Uplist's Recapture, Construction Products; Rates Are Driven by Markets; IMB Hallway Report
Mortgage News Daily· 2026-02-03 16:08
Customer Intelligence, HELOC, Uplist's Recapture, Construction Products; Rates Are Driven by Markets; IMB Hallway Report Regarding rate movement, the bond market often does the Fed’s job for it, and so whatever the Fed’s Open Market Committee actually does is almost an afterthought. The partial U.S. Government shutdown is hurting economic activity, and companies like Newrez are posting and how the shutdown is impacting lending. The FHA Office of Single Family Housing released FHA INFO 2026-05 and some of i ...
Rocket Companies shares jump 6% after CEO says mortgage loan volume is surging
CNBC· 2026-02-03 13:32
Rocket shares were last up about 6.3%, jumping as Krishna shared the news. Rocket reports on February 19."We're getting ready for our earnings call here in just a couple of weeks, and I will share with this group that we're on track to produce the highest mortgage loan production in terms of volume that we've had in four years, and the highest gain on sale that we've had in four years as well," Krishna said on CNBC's " Squawk Box ."The rate on a 30-year mortgage dropped 22 basis points to 5.99% last month, ...
Rocket Companies: Riding Rate Relief and Policy Tailwinds Into 2026
Investing· 2026-01-29 09:39
Market Analysis by covering: Rocket Companies Inc. Read 's Market Analysis on Investing.com ...