Rocket Companies, Inc. (NYSE:RKT) Receives $19.87 Consensus PT from Analysts

Posted by Stanley Muller on Aug 18th, 2026

Rocket Companies, Inc. (NYSE:RKT – Get Free Report) has been given a consensus rating of “Moderate Buy” by the nineteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $19.8667.

A number of brokerages recently weighed in on RKT. Morgan Stanley raised shares of Rocket Companies from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $18.00 to $19.00 in a report on Thursday, July 16th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $16.00 price objective (up from $15.00) on shares of Rocket Companies in a report on Wednesday, August 12th. Benchmark decreased their price objective on Rocket Companies from $21.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Keefe, Bruyette & Woods lowered their target price on Rocket Companies from $20.00 to $19.00 and set an “outperform” rating for the company in a research note on Monday, August 10th. Finally, Stephens dropped their target price on Rocket Companies from $22.50 to $20.00 and set an “overweight” rating for the company in a research report on Friday, August 7th.

Check Out Our Latest Analysis on RKT

Rocket Companies Stock Down 1.8%

Shares of NYSE:RKT opened at $14.49 on Friday. The company has a quick ratio of 4.85, a current ratio of 4.85 and a debt-to-equity ratio of 1.16. The firm has a market cap of $41.03 billion, a P/E ratio of 103.50 and a beta of 2.19. Rocket Companies has a 12 month low of $12.17 and a 12 month high of $24.36. The company’s 50-day moving average price is $14.14 and its two-hundred day moving average price is $15.12.

Rocket Companies (NYSE:RKT – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.16 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.16. Rocket Companies had a net margin of 4.70% and a return on equity of 5.13%. The company had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.81 billion. During the same period in the previous year, the firm posted $0.04 earnings per share. The company’s revenue was up 91.9% on a year-over-year basis. As a group, research analysts forecast that Rocket Companies will post 0.53 EPS for the current fiscal year.

Institutional Trading of Rocket Companies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new position in Rocket Companies during the 4th quarter valued at about $26,000. Acumen Wealth Advisors LLC bought a new position in shares of Rocket Companies in the 4th quarter valued at about $26,000. City State Bank bought a new position in shares of Rocket Companies in the 4th quarter valued at about $30,000. Smithfield Trust Co acquired a new stake in shares of Rocket Companies during the 4th quarter worth approximately $32,000. Finally, Key Financial Inc acquired a new stake in shares of Rocket Companies during the 4th quarter worth approximately $32,000. 4.59% of the stock is currently owned by institutional investors and hedge funds.

Rocket Companies Company Profile

(Get Free Report)

Rocket Companies, Inc is a Detroit-based holding company whose businesses are centered on digital mortgage origination and related consumer finance and real estate services. The company grew out of the Quicken Loans franchise and completed an initial public offering in 2020. Founder Dan Gilbert remains a prominent figure associated with the firm, which operates a suite of brands that aim to simplify the home financing and buying experience through technology and scale.

The company’s core activity is mortgage lending through its Rocket Mortgage platform, which offers online application, underwriting and servicing for home purchase and refinance loans.