Core Viewpoint - Rocket Companies Inc. (RKT) has significant upside potential as its price-to-earnings-growth (PEG) ratio indicates that much of its future earnings growth has not yet been priced in by the market [2][9]. Group 1: Current Market Conditions - The current housing market has approximately 50% more listings compared to the same season last year, leading to reduced buying demand due to high mortgage interest rates [3]. - Despite the challenging market conditions, Rocket Companies reported earnings per share (EPS) of 4 cents for the latest quarter, surpassing market expectations of 3 cents [7]. Group 2: Future Growth Potential - Wall Street analysts project Rocket Companies will report 12 cents in EPS for the fourth quarter of 2025, indicating a tripling of current earnings [7]. - The PEG ratio of Rocket Companies is 0.1x, suggesting that 90% of its future EPS growth has not been priced in, presenting a substantial upside opportunity for investors [8][9]. Group 3: Institutional Confidence - There has been $416 million in institutional buying over the recent quarter, signaling confidence from institutional investors in Rocket Companies' future potential [10]. - Boston Partners increased their holdings in Rocket Companies by 6.2%, raising their net position to $206 million, indicating strong institutional support [11].