Rocket Companies
Connects home search, mortgages, closing, and servicing through a digital homeownership platform.
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Profile
Connects home search and brokerage, mortgage origination, closing, servicing, and selected personal-finance products through Redfin, Rocket Mortgage, Mr. Cooper, and other Rocket businesses. Its centralized digital model spans much of the homeownership journey, while results remain tied to US mortgage-market conditions.
Connects home search and brokerage through Redfin with mortgage origination through Rocket Mortgage, closing services, and mortgage servicing through Mr. Cooper. Selected personal-finance products extend the platform beyond the home transaction.
Operates a centralized, technology-mediated consumer-lending model, now broadened across more of the homeownership journey. The combination of search, brokerage, lending, closing, and servicing can support relationships from finding a home through managing its mortgage.
Business activity is centered in the United States, while team members are also based in Canada and India. Results depend on interest rates, housing inventory, home prices, consumer demand, refinancing activity, and mortgage-servicing-right behavior. Integrating Redfin and Mr. Cooper adds regulatory, internal-control, and operational complexity, while founder Dan Gilbert retains majority voting control.
Company facts
Key statistics
Year to date −30.7% · Average volume (30d) 26.2M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 12, 2026 | RBC Capital | Reiterate | Sector Perform | $20 | $16 | |
| Jul 16, 2026 | Morgan Stanley | Upgrade | Equal Weight | Overweight | ||
| Jul 15, 2026 | Morgan Stanley | Upgrade | Overweight | $18 | $19 | |
| Jun 29, 2026 | Benchmark | Initiate | Buy | |||
| Jun 16, 2026 | BTIG | Downgrade | Buy | Neutral |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | $0.16 | $0.16 | −2.6% | $2.81B | $2.78B | −1.0% | +3.78% |
| May 7, 2026Q1 FY26 | $0.12 | $0.15 | +30.4% | $2.76B | $2.94B | +6.7% | +10.88% |
| Feb 26, 2026Q4 FY25 | $0.09 | $0.11 | +22.8% | $2.22B | $2.69B | +21.1% | +2.36% |
| Oct 30, 2025Q3 FY25 | $0.04 | $0.07 | +55.8% | $1.67B | $1.56B | −6.5% | +4.52% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.45B | $1.79B | $2.50B | $2.74B | $2.64B | |
| Gross profit | $999.0M | $1.30B | $1.71B | $2.18B | $2.45B | $2.35B | |
| Operating income | −$223.1M | $24.3M | $43.8M | $504.0M | $749.0M | $655.0M | |
| Net income | −$10.4M | −$1.8M | −$123.9M | $68.0M | $297.0M | $230.0M | |
| Diluted EPS | −$0.01 | −$0.00 | −$0.06 | $0.02 | $0.10 | $0.08 | |
| Gross margin | 90.7% | 89.8% | 95.6% | 87.4% | 89.3% | 89.0% | |
| Operating margin | -20.3% | 1.7% | 2.4% | 20.2% | 27.4% | 24.8% |
Fiscal years (4-quarter sums)FY21 $13.18B · FY22 $6.00B · FY23 $4.04B · FY24 $5.40B · FY25 $6.84B
Revenue by product · Q1 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $3.10B · Total debt $33.18B · Total assets $60.98B · Shareholders' equity $23.55B
Dividends
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Mar 20, 2025 | Mar 20 | Apr 3 | $0.80 | special dividend |
| Mar 7, 2022 | Mar 8 | Mar 22 | $1.01 | special dividend |
Ownership
Shares outstanding 2.82B · Float —
Float — provider float and free-float percent disagree.
The provider's float, free-float percent and share count do not reconcile, so the float is not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Daniel B. Gilbert · director, 10 percent owner: | 1.14B | 40.27% | Form 4 | Oct 24, 2025 |
| Jennifer L. Gilbert · director, 10 percent owner: | 314.06M | 11.12% | Form 4 | Jul 2, 2025 |
| Capital World Investors | 69.43M | 7.10% | 13G | Aug 12, 2026 |
| BlackRock, Inc. | 69.07M | 2.45% | 13F | Aug 7, 2026 |
| Price T Rowe Associates Inc /MD/ | 55.27M | 1.96% | 13F | Aug 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jan 12, 2026 | Matthew Rizik | director | −2,500 | $22.99 |
| Jan 9, 2026 | Matthew Rizik | director | −2,500 | $22.78 |
| Jan 8, 2026 | Matthew Rizik | director | −2,500 | $21.29 |
| Jan 7, 2026 | Matthew Rizik | director | −2,500 | $21.26 |
| Jan 6, 2026 | Matthew Rizik | director | −2,500 | $20.98 |
Peers
- UWM
Largest direct rival in mortgage origination and the broker channel
- PennyMac Financial Services
Scaled overlap across mortgage production and servicing
- Zillow Group Class C
Home-search, agent-lead, rental, and mortgage funnel rival
- loanDepot
Consumer-direct mortgage originator with an in-house servicing base
- Compass
Technology-enabled residential brokerage rival to Redfin
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Rocket Companies | $13.80 | +0.22% | $38.89B | 94.3 | 19.0 | 4.0 | +113.7% |
| UWM | $1.48 | −0.67% | $2.26B | — | 5.3 | 0.7 | −79.3% |
| PennyMac Financial Services | $73.05 | −0.43% | $3.81B | 10.1 | 8.7 | 0.8 | −52.2% |
| Zillow Group Class C | $35.50 | −0.43% | $8.57B | 161.4 | 13.9 | 3.1 | +17.9% |
| loanDepot | $0.9698 | +0.95% | $321.8M | — | 52.4 | 0.2 | +19.4% |
| Compass | $10.99 | +0.23% | $6.67B | 102.1 | 150.6 | 0.6 | +109.1% |
| Median | 102.1 | 13.9 | 0.7 | +17.9% |