Rocket Companies(RKT)
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Rocketing Volume: 3 Stocks With Big Potential Moves
MarketBeat· 2025-07-30 20:18
Market Overview - Trading in the S&P 500 index has seen reduced volatility, leading to fewer opportunities for profitable trades, but there is increased activity in other stocks [1] - Unusual trading volumes indicate potential accumulation or speculation in certain stocks, suggesting opportunities for volatility outside of major indexes [2] Company Insights Rocket Companies Inc. (RKT) - Rocket Companies has been identified as a stock with significant trading activity, with daily volumes reaching 64.3 million shares on July 22, compared to an average of 20 million shares [7] - The stock trades at a price-to-cash (P/C) ratio of 71x, significantly higher than the finance sector's average of 21.6x, indicating a premium valuation [5] - The current low mortgage cycle presents an opportunity for Rocket to deploy its cash aggressively when mortgage rates decline, potentially increasing demand [6] Wendy's Co. (WEN) - Wendy's stock has seen a decline in short interest by 45.3%, reflecting a shift in investor sentiment amid rising consumer concerns about inflation [8] - The stock trades at 49% of its 52-week high, presenting an attractive risk-to-reward ratio for buyers [9] - Trading volume for Wendy's reached 19.3 million shares on July 22, significantly above its average of six million shares, with analysts projecting a price target of $15.3, indicating a potential rally of 50.5% [10][11] PulteGroup Inc. (PHM) - PulteGroup's earnings per share (EPS) growth is crucial for its stock performance, with analysts projecting an EPS of $3.17 for Q4 2025, following a recent report of $3.03 EPS that beat expectations by 4% [13][14] - Trading volume for PulteGroup increased to five million shares on July 21, indicating heightened investor interest [15] - UBS analyst John Lovallo has set a price target of $150 for PulteGroup, suggesting a potential rally of 28% from current trading levels [15]
Rocket Companies (RKT) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2025-07-29 05:06
In its upcoming report, Rocket Companies (RKT) is predicted by Wall Street analysts to post quarterly earnings of $0.03 per share, reflecting a decline of 50% compared to the same period last year. Revenues are forecasted to be $1.25 billion, representing a year-over-year decrease of 3.6%.The consensus EPS estimate for the quarter has undergone a downward revision of 9.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initi ...
Rocket Mortgage Named #1 for Client Satisfaction in Mortgage Servicing by J.D. Power for the 11th Time
Prnewswire· 2025-07-24 13:00
AI-powered servicing earns Rocket Mortgage top marks in overall satisfaction, ease, care and digital experienceDETROIT, July 24, 2025 /PRNewswire/ -- Rocket Mortgage, the country's largest retail mortgage lender and part of Rocket Companies (NYSE: RKT), has been named #1 in client satisfaction by J.D. Power in mortgage servicing for the 11th year – the most of any lender. This milestone brings Rocket Mortgage's total J.D. Power wins to 23, including 12 top rankings in mortgage origination. Rocket Mortga ...
Final Trades: Rocket Companies, Toll Brothers, Fastenal and the VIX
CNBC Television· 2025-07-22 18:09
And we are back on halftime with final trades downtown. Josh Brown, you're up first. I have to report a breakout in progress.In a name I am long, Rocket Company's Value Act Capital has just raised its stake to 8.9% of all shares outstanding. Over uh the last 2 weeks, they have bought 2.9% million and change shares at prices from 13 1.5% up to 14. Resistance in this name has been right about 15 and a half 1575 all year.It is now trading through that level. I'm holding my position. I don't know anything more ...
Rocket Companies to Announce Second Quarter 2025 Results on July 31, 2025
Prnewswire· 2025-07-17 20:05
Core Viewpoint - Rocket Companies, Inc. will release its second quarter 2025 earnings on July 31, 2025, and will host a conference call to discuss the results [1] Group 1: Company Overview - Rocket Companies is a Detroit-based fintech platform that includes mortgage, real estate, title, and personal finance businesses [3] - The company operates several brands, including Rocket Mortgage, Redfin, Rocket Homes, Rocket Close, Rocket Money, and Rocket Loans [3] Group 2: Data and Insights - Rocket Companies processes over 65 million client calls annually and manages 14 petabytes of data, positioning itself as a leader in AI-driven home ownership solutions [4] - Rocket Mortgage has been ranked 1 in client satisfaction for primary mortgage origination and servicing by J.D. Power a total of 22 times, the highest among mortgage lenders [4] Group 3: Investor Relations - A live webcast of the earnings call will be available on the "Events & Presentations" section of the company's Investor Relations website, with a replay accessible afterward [2]
2 Stocks to Invest in the Stock Market's Hidden $35 Trillion Opportunity
The Motley Fool· 2025-07-17 10:22
Core Insights - The artificial intelligence boom presents a multitrillion-dollar investment opportunity, but the real estate sector also holds significant potential, particularly with $35 trillion in home equity available to U.S. homeowners [1][3][14] Real Estate Market Opportunity - U.S. homeowners currently possess an all-time high of $35 trillion in home equity, largely due to rising home values and low refinancing activity [3][13] - A potential decline in mortgage rates could trigger a surge in refinancing volume, possibly reaching trillions of dollars [3][13] Company Analysis: Rocket Companies - Rocket Companies is the leading mortgage originator in the U.S., and a rise in refinancing volume could significantly boost its business [5][6] - In the most recent quarter, Rocket closed on $26.1 billion in loan origination volume, a decrease from $103.5 billion in the same quarter of 2021 when rates were lower [6] - The company is expanding its all-in-one real estate platform and has recently acquired Redfin, with a pending acquisition of Mr. Cooper [7][8] - Rocket has a 97% client retention rate and aims to capture a larger market share in a highly fragmented mortgage market, which sees $5 trillion to $6 trillion in home sales annually [8] Company Analysis: Upstart - Upstart focuses on improving loan repayment predictions compared to traditional credit scoring models, utilizing extensive data points [9] - The company is expanding into auto loans and home equity lines of credit (HELOCs), with home loan volume increasing by 52% sequentially in the first quarter [10][11] - Upstart's current annual run rate for HELOC origination is about $160 million, representing a small fraction of the overall market opportunity [12] - Capturing even a small percentage of the HELOC market could yield significant benefits for Upstart if interest rates decline [12][14]
Lost Money on Rocket Companies, Inc.(RKT)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-07-07 20:40
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Rocket Companies, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from March 29, 2021, to April 1, 2021 [3]. - Allegations include that Rocket's gain on sale margins were contracting at the highest rate in two years due to increased competition among mortgage lenders and a shift towards lower margin segments [3]. - It is claimed that Rocket was engaged in a price war, further compressing margins in its Partner Network operating segment [3]. - The adverse trends were reportedly accelerating, with gain on sale margins expected to plummet by at least 140 basis points in the first half of 2021 [3]. - The favorable market conditions that previously allowed Rocket to achieve high gain on sale margins had disappeared, returning to levels not seen since Q1 2019 [3]. - Overall, the positive statements made by the defendants about the company's operations were deemed materially misleading [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by July 8, 2025, to participate in the case [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software [4]. - There is no cost or obligation for shareholders to participate in the case [4]. About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Shareholders that lost money on Rocket Companies, Inc.(RKT) should contact The Gross Law Firm about pending Class Action - RKT
Prnewswire· 2025-07-07 13:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Rocket Companies, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical financial information during a specified class period [1][2]. Summary by Relevant Sections Allegations - The complaint alleges that during the class period from March 29, 2021, to April 1, 2021, Rocket's gain on sale margins were contracting at the highest rate in two years due to increased competition among mortgage lenders and a shift towards lower margin segments [2]. - It is claimed that Rocket was engaged in a price war with competitors, further compressing margins in its Partner Network operating segment [2]. - The adverse trends were reportedly accelerating, with gain on sale margins expected to plummet by at least 140 basis points in the first half of 2021 [2]. - The favorable market conditions that had previously allowed Rocket to achieve high gain on sale margins had disappeared, returning to levels not seen since Q1 2019 [2]. - Company-wide gain-on-sale margins had fallen materially below recent historical averages, contradicting earlier positive statements made by the defendants [2]. Next Steps for Shareholders - Shareholders who purchased shares of RKT during the specified timeframe are encouraged to register for the class action by July 8, 2025, to potentially be appointed as lead plaintiffs [3]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [3]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered losses due to deceitful practices [4].
Levi & Korsinsky Reminds Rocket Companies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 – RKT
GlobeNewswire News Room· 2025-07-03 20:26
Core Viewpoint - A class action securities lawsuit has been filed against Rocket Companies, Inc. for alleged securities fraud affecting investors between March 29, 2021, and April 1, 2021 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Rocket's gain on sale margins were contracting at the highest rate in two years due to increased competition among mortgage lenders and a shift towards lower margin segments [2]. - It is alleged that Rocket was engaged in a price war with competitors, further compressing margins in its Partner Network operating segment [2]. - The complaint states that adverse trends were accelerating, with gain on sale margins expected to plummet by at least 140 basis points in the first half of 2021 [2]. - The favorable market conditions that previously allowed Rocket to achieve high gain on sale margins had disappeared, returning to levels not seen since Q1 2019 [2]. - The company's gain-on-sale margins had fallen materially below recent historical averages, contradicting positive statements made by the defendants about the company's operations and prospects [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the relevant time frame have until July 8, 2025, to request to be appointed as lead plaintiff, although participation does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Rocket Companies Lawsuit - RKT
Prnewswire· 2025-07-03 13:00
NEW YORK, July 3, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT).Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=155228&from=4CLASS PERIOD: March 29, 2021 ...