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 unfavorable shifts in their operating 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 indicates that Rocket's gain on sale margins were expected to plummet by at least 140 basis points in the first half of 2021 due to adverse trends [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 overall gain-on-sale margins had fallen significantly 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 specified time frame have until July 8, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require this [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 United States for seven consecutive years [4]

Core Viewpoint - A class action lawsuit has been filed against Rock Holdings, Inc. for alleged violations of federal securities laws related to the sale of Rocket Companies, Inc. stock during a specific period [1][2]. Class Definition - The lawsuit seeks damages for all individuals and entities that purchased Rocket Class A common stock between February 25, 2021, and May 5, 2021, inclusive [2]. Case Details - The Complaint alleges that on March 29, 2021, Rock Holdings, Inc. sold 20,200,000 shares of Rocket Class A common stock at $24.75 per share, totaling approximately $499.95 million, while possessing material non-public adverse information [3]. Next Steps - Investors who suffered losses in Rock Holdings, Inc. have until July 8, 2025, to request to be appointed as lead plaintiff in the case [4]. Cost Structure - The law firm represents investors on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful in the case [5]. Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm specializing in securities fraud class actions and has recovered hundreds of millions of dollars for investors [6].

NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Rocket Companies, Inc. ("Rocket Companies" or the "Company") (NYSE: RKT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rocket Companies investors who were adversely affected by alleged securities fraud between March 29, 2021 and April 1, 2021. Follow the link below to get more information and be contacted by a member of our team: https://www.zlk.com/pslra-1/rocket ...

NEW YORK, May 16, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Rocket Companies, Inc. ("Rocket Companies" or the "Company") (NYSE: RKT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rocket Companies investors who were adversely affected by alleged securities fraud between March 29, 2021 and April 1, 2021. Follow the link below to get more information and be contacted by a member of our team:https://www.zlk.com/pslra-1/rocket-compa ...

Summary of Rocket Companies (RKT) FY Conference Call - May 14, 2025 Company Overview - **Company**: Rocket Companies (RKT) - **Industry**: Fintech and Mortgage Industry Key Points and Arguments Investment and Growth - Rocket Companies has invested nearly **$500 million** in technology and AI over the past two years, including two recent acquisitions and a company rebranding [4][25] - The company aims to leverage technology to enhance the homeownership experience, viewing itself as a **homeownership company** rather than just a mortgage company [24] Leadership and Culture - Varun Krishna, the new leader, emphasizes a balanced leadership approach, combining fresh ideas with existing strong company culture [14][15] - Organizational engagement is reported to be high, with employees feeling a strong connection to the company's mission and future [17][18] Operational Efficiency - Compared to two years ago, Rocket is serving **21% more clients**, with turn times improved by **14%** and production team members serving **50% more clients** on average [19][20] - The company is focused on improving efficiency, personalization, and overall customer experience through innovative technology [20] AI Integration - Rocket has invested significantly in building data infrastructure and AI models, aiming for a service-driven, workflow-centric approach rather than traditional app-based engagement [26][29] - The company is exploring the integration of AI into various aspects of the homeownership process, with a focus on creating a seamless digital experience [29][30] Mergers and Acquisitions - Recent acquisitions, including Redfin and Mr. Cooper, are seen as strategic moves to create a more integrated homeownership platform, enhancing customer experience and operational efficiency [39][44] - The integration of these businesses is expected to strengthen Rocket's business model, allowing for better recapture and servicing capabilities [42][56] Market Outlook - The mortgage market is viewed as cyclical, but there is optimism about innovation and technology transforming the industry, particularly through AI and other advancements [61][62] - Rocket aims to capture **8%** of the purchase market and **20%** of the refinance market, with recent acquisitions expected to accelerate these goals [59][60] Cultural Integration - The company is taking a rigorous approach to ensure cultural alignment during the integration of acquired companies, focusing on open communication and shared values [46][50] Future Vision - Rocket Companies envisions a future where homeownership is simplified and made more accessible through technology, aiming to modernize the homeownership experience [52][64] Additional Important Insights - The mortgage industry is described as adversarial and inefficient, with Rocket aiming to build a better system for consumers [40][41] - The company believes that a strong focus on process optimization and AI will be crucial for future success [38][39] This summary encapsulates the key discussions and insights from the Rocket Companies FY Conference Call, highlighting the company's strategic direction, operational improvements, and vision for the future of homeownership.

Core Viewpoint - Citron Research is bullish on Rocket Companies (RKT), describing it as a misunderstood stock with significant potential due to recent acquisitions and its innovative use of AI in the real estate sector [1][2][3]. Company Overview - Rocket Companies is recognized for its mortgage and personal finance businesses and is seen as a "sleeping juggernaut of real estate" with vertical integration [2]. - The company is leveraging AI and data to create a dominant real estate platform, which Citron believes will thrive even in a high-interest-rate environment [2][3]. AI and Technology - Citron highlights that Rocket's proprietary AI, referred to as "Rocket Logic," is becoming integral to its operations, likening it to a combination of Salesforce, Zillow, and TurboTax for mortgages [3]. - The use of AI is expected to modernize the housing finance sector, which is currently seen as outdated and inefficient [3]. Recent Acquisitions - The acquisition of Mr. Cooper is viewed as a strategic move that enhances Rocket's scale, reach, and margin expansion, creating a synergistic effect [3][4]. - Citron also notes that Rocket's acquisitions of Mr. Cooper and Redfin have contributed to its EBITDA growth and overall scale [4]. Financial Projections - Citron predicts that Rocket Companies could achieve $4 billion in annual EBITDA in the future, with a valuation based on a 15x EBITDA multiple leading to an enterprise value of $60 billion [4]. - This would imply a stock price of approximately $33.33 for Rocket Companies [4]. Market Position - Rocket Mortgage is projected to become the most dominant mortgage company globally within three years, capitalizing on the large and largely inefficient U.S. residential housing market [5]. - As of the latest trading data, Rocket Companies' stock has increased by 4.1% to $12.14, with a year-to-date increase of 12.1% in 2025, despite a decline of over 15% in the past year [5].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number: 001-39432 Rocket Companies, Inc. (Exact name of registrant as specified in its charter) Delaware 84 ...

Market Opportunity - The total addressable homeownership market is valued at $29 trillion[19] - The mortgage origination market is estimated at $5 trillion[22] - The top 10 players hold only 23% of mortgage originations, indicating a highly fragmented market[20] - 94% of Americans believe homeownership is an essential part of the American dream[24] Rocket Platform & Performance - Rocket's client recapture rate is 3 times higher than the industry average, with Rocket at 83% compared to the industry's 25%[37] - Rocket has invested $500 million in AI over the last five years[48] - Rocket services 28 million loans with a serviced unpaid principal balance (UPB) of $600 billion[39, 78] - Rocket's servicing portfolio has a fair value of $73 billion[78] - Rocket has a 97% net client retention rate[45, 78] Financial Highlights (Q1 2025) - Adjusted revenue was $1296 million, an increase of 11% year-over-year[72, 86] - Adjusted EBITDA was $169 million, with an EBITDA margin of 13%[72, 86]

Rocket Companies (RKT) reported $1.3 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 6.3%. EPS of $0.04 for the same period compares to $0.04 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.22 billion, representing a surprise of +6.03%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.04.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

Rocket Companies (RKT) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.04, delivering a surprise of 33.33%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Rocket Companies, which belongs ...