Nov 12
Current report
8-K
Director or officer change, or executive pay, Regulation FD disclosure
AI summary on its way
RKT · Rocket Companies, Inc.
$13.71
+0.00 (+0.00%)
At close · Nov 13
Return incl. dividend (before tax)
Market Cap
$38.91B
Shares
2.84B
Volume · Nov 13
19.54M
Avg daily vol (3M)
34.09M
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Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$13.71
Open$13.63
Day$13.50–13.99
52W close$10.53–23.44
Avg vol 30d37.8M
Short int160.2M · 5.6% of shares · 4.5d
Short vol56%
Last earningsOct 29, 2026
DataAug 2020–Nov 2026
Filing10-Q · Oct 30
Up next
Feb 25, 2027
Est · unconfirmed
· in 15 wks
Latest documents
2026
Oct 30
Quarterly report
10-Q
FY2026 Q3, ended Sep 30
Quarterly report for FY2026 Q3
Rocket Companies reported $43.6 billion in total closed mortgage loan origination volume for the three months ended September 30, 2026, up 35%, Net income of $709 million and Adjusted EBITDA of $748 million; nine-month origination volume reached $137.4 billion, up 65%.
Revenue $3.28B
▲ 93.7%
Net income $709M
Diluted EPS $0.25
Oct 29
Earnings call
Q3 2026 earnings call
Rocket Company reported third-quarter adjusted revenue of $2.6 billion, adjusted EBITDA of $748 million at a 29% margin, and adjusted diluted EPS of $0.15. Fourth-quarter adjusted revenue is expected between $2.1 and $2.3 billion amid a refinance market decline of almost half.
Oct 29
Current report
8-K
Financial results, Regulation FD disclosure
Rocket Companies reported Q3'26 total revenue, net of $3.28 billion, GAAP net income of $709 million, adjusted net income of $419 million and adjusted EBITDA of $748 million. Total liquidity was $11.4 billion as of September 30, 2026.
Sep 15
Investor event
Rocket Companies President and CFO Brian Brown to Present at Barclays Global Financial Services Conference
AI summary on its way
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$11.46B
Trailing 12 months
Net income (TTM)
$1.47B
Trailing 12 months
Revenue growth YoY
+93.7%
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
25.9
Trailing earnings · reciprocal yield 3.9%
FCF yield
3.0%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$8.02B
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+35.1%
Year over year · more shares
Price change (1Y)
-20.1%
Trailing year
Short interest
5.6%
Latest settlement · 4.5 days to cover
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · Oct 29, 2026
Q3 FY26
TL;DR. Rocket delivered strong Q3 profitability, expanding margins, market-share gains, record recapture and $11.4 billion of liquidity, and expects to complete $400 million of annualized Mr. Cooper synergies ahead of schedule. The outlook is materially weaker: Q4 adjusted revenue is expected to be $2.1-$2.3 billion, refinance activity is expected to decline almost half from Q3, and the 2027 mortgage market could be even smaller than forecasts below $2 trillion.
Bullish
- + Adjusted revenue was $2.6 billion, adjusted EBITDA was $748 million, adjusted net income was $419 million, and adjusted EPS was 15 cents.
- + Adjusted EBITDA margin expanded to 29% from 28%, marking the fourth consecutive quarter of expansion and the highest level since the fourth quarter of 2021.
- + Purchase share approached 6.5% and refinance share reached 15.5%, up from 6.2% and 14.3% in the second quarter.
- + Rocket expects to deliver the remaining $100 million of annualized Mr. Cooper expense synergies in the fourth quarter, completing the full $400 million a year ahead of schedule, with an additional $100 million of annual savings expected in the first half of 2027.
- + Total liquidity reached a record $11.4 billion, including $2.7 billion of cash, while net corporate leverage remained below one turn.
- + Rocket and legacy Mr. Cooper's combined servicing portfolio reached its highest recapture levels to date.
Bearish
- − Rocket expects the refinance market to decline by almost half from the third quarter, leaving overall mortgage activity near multi-decade lows.
- − The MBA Purchase Application Index was down nearly 20% year over year, while refinance applications were down more than 50%.
- − Rate-and-term refinance is expected to face substantial pressure in the fourth quarter.
- − Rocket expects fourth-quarter adjusted revenue of $2.1 billion to $2.3 billion.
- − Mortgage applications declined 23% from the second-quarter average during the third quarter.
- − Management expects the 2027 mortgage market could be even smaller than forecasts below $2 trillion.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Buy
Momentum
Weak
Sentiment
Neutral
Fundamentals
Fair
Quant / Vol
Very High
Market backdrop
VIX 19.3 · elevated
Equity put/call 0.63
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−4%
below
Price vs 50-day avg
+10%
above
RSI (14)
56
neutral
MACD trend
Positive
52-week position
25%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+27%
trailing
6-month return
−2%
trailing
YTD return
−29%
this year
Relative strength
−3%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $12 › 200d $14 — 200d above 50d
Institutional flow
Accumulating
668 of 815 funds reported for Sep 30 · net +140.0M sh shares · +65 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
5.64% of shares out · ▲ +13.4% MoM · 4.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
815 holders — near 3-yr high, broad support
Squeeze score
77
high risk · 0–100
Fundamentals
Revenue growth
+31%
Y/Y
Gross margin
35%
expanding
EPS growth
−124%
Y/Y
Free cash flow
$-4.0B
Buyback
$590.7M
remaining
Balance sheet
$7.7B
net debt
Quant / Vol
risk profile
Volatility
59%
annualized · 1-yr
Max drawdown
−55%
past year
ATR
4.8%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Oct 29, 2026
Adjusted revenue
· Q4 2026
Non-GAAP
$2.1B – $2.3B
Previous outlook
earlier release
· from the Earnings Call filed Aug 6, 2026
Still-open targets the latest release did not restate under the same label.
Adjusted revenue
· third quarter
$2.5B – $2.7B
Expenses
· third quarter
$2.35B
Prior guidance
period ended
· from the Earnings Call filed Aug 6, 2026
Adjusted revenue
· the third quarter
$2.5B – $2.7B
Expenses
· the third quarter
$2.35B
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−4%
Neutral
Price vs 50-day avg
+10%
Bullish
RSI (14)
56
Neutral
MACD trend
Positive
Bullish
52-week position
25%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $12 › 200d $14 — 200d above 50d
Institutional flow
Accumulating
668 of 815 funds reported for Sep 30 · net +140.0M sh shares · +65 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
5.64% of shares out · ▲ +13.4% MoM · 4.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
815 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $11
Now $14 · 25%
Range high $23
vs 200-day avg -4%
vs 50-day avg +10%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Real estate brokerage services revenue | $177M | FY2026 Q3 | +0.0% |
|
|
|||
| Rocket Close closing fee revenue | $49M | FY2026 Q3 | +36.1% |
|
|
|||
| Rocket Money subscription revenue | $107M | FY2026 Q3 | +20.2% |
|
|
|||
| All Other Contribution margin non-GAAP | $181M | three months ended June 30, 2026 filing | — |
| DTC net rate lock volume | $26B | Three Months Ended June 30, 2026 filing | — |
| Gain on sale margin excluding Correspondent | 3.11% | Three Months Ended June 30, 2026 filing | — |
| Net rate lock volume excluding Correspondent | $36.89B | Three Months Ended June 30, 2026 filing | — |
| Real estate exchange revenue | $18M | the three months ended June 30, 2026 filing | — |
| Real estate referral services revenue | $12M | the three months ended June 30, 2026 filing | — |
| Redfin real estate transactions | 19K | Three Months Ended June 30, 2026 filing | — |
| Rocket Close appraisal revenue | $11M | the three months ended June 30, 2026 filing | — |
| Rocket Loans closed (units) | 29K | Three Months Ended June 30, 2026 filing | — |
| Zillow Partnership revenue | $50M | the three months ended June 30, 2026 filing | — |
| Adjusted diluted earnings per share non-GAAP | $0.3 | Six Months Ended June 30, 2026 | — |
| Adjusted diluted weighted average shares outstanding non-GAAP | 2,843,996,649 | Six Months Ended June 30, 2026 | — |
| Adjusted EBITDA non-GAAP | $1.5B | Six Months Ended June 30, 2026 | — |
| Adjusted net income non-GAAP | $863M | Six Months Ended June 30, 2026 | — |
| Adjusted revenue non-GAAP | $5.58B | Six Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Total revenue, net $2.78B
-$23M Change in fair value of MSRs and related liabilities due to valuation assumptions (net of hedges)
= Adjusted revenue $2.76B
|
|||
| Closed mortgage loan origination volume | $39.2B | Q2 2026 | — |
| Correspondent closed mortgage loan origination volume | $10B | Q2 2026 | — |
| Correspondent gain on sale margin | 0.19% | Q2 2026 | — |
| Correspondent net rate lock volume | $10.2B | Q2 2026 | — |
| Direct to Consumer closed mortgage loan origination volume | $28.1B | Q2 2026 | — |
| Direct to Consumer gain on sale margin | 4.13% | Q2 2026 | — |
| Direct to Consumer net rate lock volume | $26B | Q2 2026 | — |
| Gain on sale margin | 3.11% | Q2 2026 | — |
| Loans serviced | 9.1M | as of June 30, 2026 | — |
| Mortgage Contribution margin non-GAAP | $1.17B | Q2 2026 | — |
| Mortgage segment Adjusted revenue non-GAAP | $2.25B | Three months ended June 30, 2026 | — |
| Net rate lock volume | $36.9B | Q2 2026 | — |
| Rocket Pro closed mortgage loan origination volume | $11.1B | Q2 2026 | — |
| Rocket Pro gain on sale margin | 0.69% | Q2 2026 | — |
| Rocket Pro net rate lock volume | $10.9B | Q2 2026 | — |
| Total closed mortgage loan origination volume | $49.1B | Q2 2026 | — |
| Total gain on sale margin | 2.48% | Q2 2026 | — |
| Total net rate lock volume | $47B | Q2 2026 | — |
| Total servicing portfolio unpaid principal balance | $2T | as of June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Mortgage Finance — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
RKT
this stock
Rocket Companies, Inc.
|
$38.91B | -29.2% | +31.2% | — | 5.6% |
|
FNMA
Federal National Mortgage Association Fannie Mae
|
$5.22B | -58.0% | -0.4% | 20.5 | 1.4% |
|
PFSI
PennyMac Financial Services, Inc.
|
$3.15B | -54.0% | +3.1% | 13.6 | 7.3% |
|
FMCC
Federal Home Loan Mortgage Corp
|
$2.55B | -61.2% | -2.7% | 196.5 | 1.6% |
|
UWMC
UWM Holdings Corp
|
$2.02B | -71.2% | +18.2% | — | 5.5% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| RKT | -9.0% | +27.2% | -2.4% | +7.1% | -29.2% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | -11.6% | +28.3% | -2.9% | +7.3% | -39.8% |
Capital returns
Latest dividend
$0.80
/ share · ex Mar 20, 2025
Paid (TTM)
$0.00
/ share · 0 payouts
Dividend yield (TTM, derived)
— · no payout in the trailing year
Buyback program
· as of Nov 11, 2024
Authorized
$590.70M
Spent (derived)
$0
Remaining
$590.70M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1805284
CUSIP
77311W101
13F (30d)
579 filings
523 filers
Visit website
Investor relations