Rocket Companies, Inc. Class A (RKT)

In August 2025, the stock experienced a significant uplift due to better-than-expected Q2 earnings and the Redfin acquisition. September 2025 saw stockholders approve the merger with Mr. Cooper Group Inc., fueled by optimism about potential interest rate decreases. In October 2025, Rocket Companies announced its Q3 earnings and completed the acquisition of Mr. Cooper, with EPS beating expectations but revenue falling short. November 2025 saw the stock trading higher due to positive investor sentiment and expectations of a December rate cut. December 2025 was marked by constrained mortgage origination and brokerage volumes. In January 2026, the stock experienced fluctuations, including a decline after PennyMac's earnings report and a surge following an announcement regarding a mortgage bond purchase. February 2026 saw Rocket Companies' stock rally after its CEO indicated the strongest mortgage loan production in four years.

Demand for Rocket Companies' products and services is influenced by the cyclical nature of the housing market and interest rates. The fourth quarter is traditionally weaker due to seasonal effects. Lower interest rates generally stimulate demand, while high mortgage rates and economic uncertainty can lead to a retreat in both home seller and buyer activity. Rocket's recapture technology helps generate origination fees even when declining interest rates might otherwise reduce the value of its Mortgage Servicing Rights portfolio.

Rocket Companies, Inc. is a Detroit-based fintech platform that focuses on simplifying homeownership and personal financial transactions through its technology-driven platform. Its core business revolves around mortgage, real estate, and personal finance. Key brands include Rocket Mortgage, Redfin, Mr. Cooper, Rocket Homes, Rocket Close, Rocket Money, and Rocket Loans, among others.

Rocket Companies, Inc. primarily serves clients across the United States and Canada.

Rocket Companies has maintained a strong brand reputation, particularly through Rocket Mortgage, which has been consistently ranked #1 in client satisfaction by J.D. Power. The company operates with a "For More Than Profit" philosophy and publishes ESG reports. Redfin launched an AI-based home search tool that increased interest for tours and services, and initiated a "Big-Game marketing activation" to boost user engagement and brand visibility.

Rocket Companies has a diverse ownership structure including Vanguard Group Inc., Nuveen, LLC, ValueAct Holdings, L.P., Fmr Llc, Slate Path Capital LP, Boston Partners, Durable Capital Partners LP, BlackRock, Inc., and Balyasny Asset Management Llc. Insider ownership is substantial, around 92.64%, while institutional ownership is approximately 4.59%. Founder Dan Gilbert maintains significant control through a dual-class share structure.