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Rocket Companies Inc.

Logo Rocket Companies Inc.

Finance

Finance: Consumer Services

Nasdaq

as 04-16-2024 4:00pm EST

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Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company's mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company's lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket's origination process to offer loans to their customers. The company has rapidly gained market share in recent years and is now the largest mortgage originator in the U.S. as well as the servicer for more than 2 million loans.

Founded: 1985 Country:
United States
United States
Employees: N/A City: DETROIT
Market Cap: 1.7B IPO Year: 2020
Target Price: $10.20 AVG Volume (30 days): 2.5M
Analyst Decision: Sell Number of Analysts: 15
Dividend Yield: N/A Dividend Payout Frequency: N/A
EPS: -0.15 EPS Growth: N/A
52 Week Low/High: $7.17 - $15.19 Next Earning Date: 05-02-2024
Revenue: $3,799,269,000 Revenue Growth: -34.93%
Revenue Growth (this year): 29.55% Revenue Growth (next year): 25.86%

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