Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and eCommerce businesses in the United States and Canada. It operates in two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, an automotive retail marketplace that provides centralized and virtual car sales support to national car rental and online car purchasing platforms; and Rocket Loans, an online-based personal loans business. Its solutions also include Core Digital Media, a digital social and display advertiser in the mortgage, insurance, and education sectors; Nexsys, a fintech company, which offers a suite of essential tech solutions for mortgage origination and closing processes through digitization and automation; Lendesk, a technology services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; and Edison Financial, a digital mortgage startup. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. is a subsidiary of Rock Holdings, Inc.
IPO Year: 2020
Exchange: NYSE
Website: rocketcompanies.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
4/8/2025 | $14.00 | Underweight → Equal Weight | Barclays |
4/2/2025 | $16.00 | Hold → Buy | Deutsche Bank |
4/2/2025 | $14.00 | Underperform → Mkt Perform | Keefe Bruyette |
1/10/2025 | $11.50 | Sell → Neutral | UBS |
12/10/2024 | $16.00 → $11.50 | Mkt Perform → Underperform | Keefe Bruyette |
11/15/2024 | $15.00 | Underperform → Neutral | BofA Securities |
11/5/2024 | $11.00 → $18.00 | Equal-Weight | Morgan Stanley |
8/5/2024 | Underperform → Mkt Perform | Keefe Bruyette | |
1/16/2024 | $9.00 → $10.00 | Neutral → Sell | Citigroup |
1/10/2024 | Hold | Deutsche Bank |