# Rocket Companies (RKT.US)

Canonical: https://gigainvestors.com/s/RKT

Analysis as of: 2026-10-16T07:31:35.818Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $11.07 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Christopher Davis](https://gigainvestors.com/DAV): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Henry Ellenbogen](https://gigainvestors.com/DCP): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Jeffrey Ubben](https://gigainvestors.com/VA): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Leon Cooperman](https://gigainvestors.com/oa): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 45% since Nov 2025 · "Rocket Companies Faces Near-Term Revenue Pressure From Rates, Oppenheimer Says" (finance.yahoo.com, Aug 2026)

Story as of 2026-10-16T09:59:30.432Z; price observation 2026-10-15.

- 2025-07-01: Rocket Companies completes acquisition of Redfin, offers new pricing ([investing.com](https://www.investing.com/news/company-news/rocket-companies-completes-acquisition-of-redfin-offers-new-pricing-93CH-4119528))

- 2025-08-13: RKT Q2 Deep Dive: Redfin Integration, AI-Driven Efficiency, and Strategic Focus Drive Guidance ([finance.yahoo.com](https://finance.yahoo.com/news/rkt-q2-deep-dive-redfin-035816083.html))

- 2026-03-26: Record Home Cancellations Test Rocket Companies Volumes Margins And Growth Expectations ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/record-home-cancellations-test-rocket-110651145.html))

- 2026-08-07: RKT Q2 Earnings Match, Revenues Miss Amid Housing Weakness, Stock Dips ([finance.yahoo.com](https://finance.yahoo.com/real-estate/articles/rkt-q2-earnings-match-revenues-123900154.html))

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in mortgage finance; annual sales are USD 6.7 billion.

- Source: https://www.sec.gov/Archives/edgar/data/1805284/000162828026013283/rkt-20251231.htm#000162828026013283 (filed 2026-03-02); FY2025: revenue 6695000000; grossProfit 6300000000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); RKT.US: Rocket Companies, Inc., a fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada. It operates in two segments, Direct to Consumer and Partner Network. The company offers Rocket Mortgage, a mortgage lender service; Redfin, a digital real estate brokerage and home search platform; Rocket Close, a digital experience for appraisal management, settlement, and title services; Rocket Money, a finance app that offers a suite of financial wellness services including subscription cancellation, budget management and credit score improvement; and Rocket Loans, a platform for personal loan. It also originates, closes, sells, and services agency-conforming loans; and provides Rocket Pro that works with mortgage brokers, community banks, and credit unions, to maintain own brand and client relationships. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. was formerly a subsidiary of Rock Holdings Inc.

### Where the cash goes

Paid no dividends in 1 year.

- Source: https://www.sec.gov/Archives/edgar/data/1805284/000162828026013283/rkt-20251231.htm (filed 2026-03-02); FY2025: growth capex 0; upkeep 91000000; cash acquisitions 2323000000; owner earnings 131000000. Growth capex plus acquisitions / owner earnings = 17.732824427480917.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); Dividend observations: [[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 0.6% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); RKT.US SharesStats.PercentInsiders = 0.628 percentage points; cache date 2026-10-16.

### What the price says

The price is 2.2 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-02); Closing price 11.07 USD; reporting-to-trading FX 1; FY2025 annual sales per share 5.062907445511538; price multiple 2.1864906911964153. FY2025 cash earnings/share 0.09906510460971045. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2020-08: $28.00 per share

- 2020-09: $19.93 per share

- 2020-10: $18.23 per share

- 2020-11: $20.72 per share

- 2020-12: $20.22 per share

- 2021-01: $21.36 per share

- 2021-02: $21.85 per share

- 2021-03: $23.09 per share

- 2021-04: $22.45 per share

- 2021-05: $17.71 per share

- 2021-06: $19.35 per share

- 2021-07: $17.24 per share

- 2021-08: $17.35 per share

- 2021-09: $16.04 per share

- 2021-10: $16.48 per share

- 2021-11: $15.50 per share

- 2021-12: $14.00 per share

- 2022-01: $12.64 per share

- 2022-02: $12.91 per share

- 2022-03: $11.12 per share

- 2022-04: $8.85 per share

- 2022-05: $9.07 per share

- 2022-06: $7.36 per share

- 2022-07: $9.52 per share

- 2022-08: $7.90 per share

- 2022-09: $6.32 per share

- 2022-10: $6.90 per share

- 2022-11: $8.30 per share

- 2022-12: $7.00 per share

- 2023-01: $9.41 per share

- 2023-02: $7.86 per share

- 2023-03: $9.06 per share

- 2023-04: $8.91 per share

- 2023-05: $8.02 per share

- 2023-06: $8.96 per share

- 2023-07: $10.93 per share

- 2023-08: $10.68 per share

- 2023-09: $8.18 per share

- 2023-10: $7.39 per share

- 2023-11: $9.34 per share

- 2023-12: $14.48 per share

- 2024-01: $12.31 per share

- 2024-02: $12.56 per share

- 2024-03: $14.55 per share

- 2024-04: $12.28 per share

- 2024-05: $13.90 per share

- 2024-06: $13.70 per share

- 2024-07: $16.19 per share

- 2024-08: $19.65 per share

- 2024-09: $19.19 per share

- 2024-10: $16.10 per share

- 2024-11: $14.53 per share

- 2024-12: $11.26 per share

- 2025-01: $12.60 per share

- 2025-02: $14.00 per share

- 2025-03: $12.07 per share

- 2025-04: $12.91 per share

- 2025-05: $12.75 per share

- 2025-06: $14.18 per share

- 2025-07: $14.77 per share

- 2025-08: $17.77 per share

- 2025-09: $19.38 per share

- 2025-10: $16.66 per share

- 2025-11: $19.98 per share

- 2025-12: $19.36 per share

- 2026-01: $17.93 per share

- 2026-02: $18.19 per share

- 2026-03: $14.25 per share

- 2026-04: $14.62 per share

- 2026-05: $14.51 per share

- 2026-06: $15.75 per share

- 2026-07: $12.90 per share

- 2026-08: $13.41 per share

- 2026-09: $11.51 per share

- 2026-10: $10.83 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1805284/000162828026013283/rkt-20251231.htm); period 2025-12-31, filed 2026-03-02.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.