SEATTLE–(BUSINESS WIRE)– #housingmarket–The total number of homes for sale in Las Vegas rose 31% year over year in July, the biggest increase of any major U.S. metro area and roughly triple the nat… SEATTLE–(BUSINESS WIRE)–Declining mortgage rates have pushed the median U.S. monthly housing payment down to $2,593, the lowest level since January, according to a new report from Redfin, the real e… Mortgage rates are dropping at their fastest pace in nearly a year which could give a much needed boost to the frozen housing market— as well as stocks tied to home loan servicers, builders and home r…

With Mortgage Rates Declining, Homebuyers Must Decide: Buy Now With Little Competition, Or Bet on Rates Falling More?

Rocket Companies’s stock split on the morning of Thursday, August 28th 2014.The 2-1 split was announced on Monday, July 28th 2014. The newly minted shares were distributed to shareholders after the closing bell on Wednesday, August 27th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. SEATTLE–(BUSINESS WIRE)– #housingmarket–The number of homes sold in seasonal towns, those where vacation demand drives the housing market, fell 3% year over year in July, according to a new report …

  • Rocket Companies (RKT) raised $3.2 billion in an initial public offering on Thursday, August 6th 2020.
  • In addition to traditional residential mortgages, the company supports refinancing and home equity loan products, catering to both first-time homebuyers and existing homeowners seeking to optimize their financing.
  • Home prices rose 0.2% from a month earlier in August on a seasonally adjusted basis, up slightly from the 0.0% monthly growth rate posted in July.
  • An investor that had 100 shares of stock prior to the split would have 200 shares after the split.
  • Headquartered in the city of Detroit, Michigan, Rocket Companies is governed by a board led by Dan Gilbert and senior executives with deep experience in finance and technology.
  • By leveraging data analytics and artificial intelligence, Rocket Companies continues to refine its customer experience and explore new opportunities in digital real estate and consumer lending.

Final Trades: Rocket Companies, Delta Air Lines, Teck Resources and Tesla

You can sign up for additional alert options at any time. SEATTLE–(BUSINESS WIRE)–The number of homeowner households in America fell 0.1% year over year to an estimated 86.2 million in the second quarter, according to a new report from Redfin, the real est… SEATTLE–(BUSINESS WIRE)–The number of Canadian Redfin.com users searching for homes to buy or rent in the U.S. dropped 19.5% year over year in August, according to a new report from Redfin, the real…

  • Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.
  • Rocket Companies, Inc., provides spanning mortgage, real estate, and personal finance services in the United States and Canada.
  • To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option.
  • Its integrated technology platform aims to reduce paperwork, accelerate loan approvals and enhance borrower transparency.

Home prices rose 0.2% from a month earlier in August on a seasonally adjusted basis, up slightly from the 0.0% monthly growth rate posted in July. According to 14 analysts, the average rating for RKT stock is „Hold.“ The 12-month stock price target is $16.04, which is a decrease of -18.25% from the latest price. With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

In Vacation Towns, Home Sales Are Falling and Prices Are Stagnating

Rocket Companies scored higher than 30% of companies evaluated by MarketBeat, and ranked 812th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Select to analyze similar companies using key performance metrics; select up to 4 stocks. SEATTLE–(BUSINESS WIRE)–The median U.S. asking rent rose 2.6% ($45) year over year to $1,790 in August—the largest increase since December 2022. The Investment Committee give you their top stocks to watch for the second half.

Rocket Companies, Inc., provides spanning mortgage, real estate, and personal finance services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. In addition, the company originates, closes, sells, and services agency-conforming loans.

Real estate investors purchased roughly 52,000 homes in the second quarter, the lowest level for that time of year since 2020, according to a new report from Redfin, the… With more than 65 million call logs each year, 10 petabytes of data and a mission to Help Everyone Home, Rocket Companies is the destination for AI-fueled homeownership. Power has ranked Rocket Mortgage #1 in client satisfaction for primary mortgage origination and mortgage servicing a total of 22 times – the most of any mortgage lender. SEATTLE–(BUSINESS WIRE)– #housingmarket–The Black homeownership rate fell to 43.9% in the second quarter—the lowest level since the fourth quarter of 2021, according to a new report from Redfin, th…

Final Trades: Lennar, Rocket Companies and the MCHI

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Percentage of Shares Shorted

The company issued 150,000,000 shares at $20.00-$22.00 per share. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you will receive an activation email to the requested email address. You must click the rkt token activation link in order to complete your subscription.

Price to Book Value per Share Ratio

Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings Inc. Headquartered in the city of Detroit, Michigan, Rocket Companies is governed by a board led by Dan Gilbert and senior executives with deep experience in finance and technology. The company has invested heavily in research and development to maintain its digital mortgage infrastructure and expand into adjacent markets. By leveraging data analytics and artificial intelligence, Rocket Companies continues to refine its customer experience and explore new opportunities in digital real estate and consumer lending.

Rocket Mortgage remains the largest retail mortgage lender in the United States by origination volume and services a diverse customer base across all 50 states. Its integrated technology platform aims to reduce paperwork, accelerate loan approvals and enhance borrower transparency. In addition to traditional residential mortgages, the company supports refinancing and home equity loan products, catering to both first-time homebuyers and existing homeowners seeking to optimize their financing. Founded in 1985 as Rock Financial and later known as Quicken Loans, the company has been a pioneer in digitizing the mortgage experience. Under the leadership of founder and chairman Dan Gilbert, Rocket Companies expanded its product set beyond mortgage lending into consumer finance, including personal loans through Rocket Loans and auto financing via Rocket Auto. The company transitioned from a private firm to a public entity in August 2020, when it launched one of the largest homegrown U.S. initial public offerings of the decade.

SEATTLE–(BUSINESS WIRE)–Roughly half (48%) of newly built apartments completed in the first quarter of 2025 were rented within three months, according to a new report from Redfin, the real estate br… SEATTLE–(BUSINESS WIRE)–Active listings of homes for sale fell 1.4% month over month in August—the largest seasonally-adjusted decline since June 2023, according to a new report from Redfin, the rea… Top institutional investors of Rocket Companies include Boston Partners (0.73%), Third Point LLC (0.24%), Broad Bay Capital Management LP (0.18%) and Davis Selected Advisers (0.16%).

Insiders that own company stock include Jay Farner, Matthew Rizik and Jonathan D Mariner. @Stockstotrade’s Tim Bohen breaks the format of the Big 3 and gives us four stocks he believes investors need to watch. He says Opendoor (OPEN) still holds potential on a pullback despite its paraboli… SEATTLE–(BUSINESS WIRE)–The median U.S. home-sale price rose 2.2% year over year during the four weeks ending September 14, the biggest increase in five months. Rocket Companies (RKT) raised $3.2 billion in an initial public offering on Thursday, August 6th 2020.