Rocket Companies Inc - Ordinary Shares Class A

Rocket Companies Inc - Ordinary Shares Class A

RKT

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Market Cap$38.75B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Rocket Companies Inc - Ordinary Shares Class ARocket Companies Inc - Ordinary Shares Class A88.3-1%3.81.2

Earnings Call Q2 2026

August 6, 2026 - AI Summary

Q2 results were strong despite “one of the toughest spring markets in years” (rates up → affordability down). - Adjusted revenue: $2.8B (near midpoint of guidance). - Adjusted EBITDA margin expanded to 28% (from 26% in Q1). - Adjusted diluted EPS: $0.16 (up from $0.15 in Q1). - Total net rate lock volume: $47B; total closed loan volume: $49B. - Management called this their most profitable quarter in 4 years and emphasized they gained share while industry demand weakened.
Market share: record gains, driven by recapture + earlier funnel conversion (Rocket’s “ecosystem” model). - Purchase share: 6.2% (from 5.5% in Q4; +13% QoQ based on their framing). - Refinance share: 14.3% (from 12.2% in Q4; +17%). - Refi share gains attributed largely to Mr. Cooper recapture and being ahead of synergy goal. - Purchase gains attributed to Redfin lead flow and Compass/Pro distribution traction.
Integration progress and synergy upside (opportunity) with sequential expense decline (forecast). - Redfin + Mr. Cooper integrations “well ahead of plan.” - Servicing migration: completed one of the largest in the industry; positioned to deploy AI and capture cross-sell. - Expense synergies: achieved $100M annualized Mr. Cooper expense synergies in Q2; on track to reach $400M total by year end. - Importantly, they also stated a new line of sight to ~$100M additional annualized expense savings above the original $400M goal, expected to be realized in the first half of 2020 (as stated in transcript; likely refers to early next year depending on company calendar).

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$20.75

Target Price by Analysts

38% upsideRocket Companies Target Price DetailsTarget Price
$2.18

Current Fair Value

85.5% downside

Overvalued by 85.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$38.75 Billion
Enterprise Value$63.05 Billion
Dividend Yield$0.80 (-)
Earnings per Share$-0.03
Beta2.18
Outstanding Shares2,832,422,032

Return

Return on Equity1.47%ROE
Return on Assets0.57%
Return on Invested Capital1.54%

Valuation & Multiples

P/E Ratio88.35P/E Ratio
PEG-42.05PEG
Price to Sales3.76Price to Sales
Price to Book Ratio1.88Price to Book Ratio
Enterprise Value to Revenue5.26
Enterprise Value to EBIT67.03
Enterprise Value to Net Income182
Total Debt to Enterprise0.43
Debt to Equity1.16Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
August 6, 2026
EPS Estimate
$0.16
Average shareholder expectation
Revenue Estimate
$2.81 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 29, 2026
EPS Estimate
$0.18
Average shareholder expectation
Revenue Estimate
$2.64 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.3932 1.65%
Total Calls1,765,900 94.29%
Total Puts694,300 94.52%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %6.41% 22.94%
Total Invested$2.85B 75.85%
Investors Holding364 520.00%

ESG Score

No data

About Rocket Companies Inc