Traders Purchase High Volume of Call Options on Rocket Companies (NYSE:RKT)

Posted by Brenda Bartman on Nov 3rd, 2026

Rocket Companies, Inc. (NYSE:RKT – Get Free Report) saw some unusual options trading on Monday. Investors bought 90,488 call options on the company. This represents an increase of 38% compared to the typical volume of 65,427 call options.

Key Stories Impacting Rocket Companies

Here are the key news stories impacting Rocket Companies this week:

Positive Sentiment: Retreating Treasury yields triggered a rally across rate-sensitive housing stocks, with Rocket among the leading gainers. Lower borrowing costs could improve mortgage affordability, refinancing activity and investor sentiment toward Rocket’s mortgage platform. Rocket Companies Jumps 9%, Compass and Zillow Surge 8% as Treasury Yields Retreat
Positive Sentiment: Barclays maintained a Buy rating on RKT, reinforcing the bullish analyst view and potentially supporting the stock’s recent strength. Barclays Remains a Buy on Rocket Companies
Positive Sentiment: Rocket reported quarterly EPS of $0.15, ahead of the $0.14 consensus estimate, while revenue increased 37.4% year over year to $2.57 billion. The earnings beat and growth helped fuel investor interest, despite revenue coming slightly below expectations. Rocket Companies Q3 Results Fuel Stock Rally As Valuation Risk Lingers
Positive Sentiment: Options activity was unusually bullish: investors purchased 90,488 call options, about 38% above the average daily call volume. This indicates increased speculative interest in further gains, though options activity is not a guarantee of future performance.

Analyst Upgrades and Downgrades

RKT has been the subject of several recent research reports. Barclays lowered their price objective on shares of Rocket Companies from $17.00 to $15.00 and set an “overweight” rating for the company in a research note on Monday, October 5th. JPMorgan Chase & Co. upped their target price on shares of Rocket Companies from $12.50 to $13.00 and gave the stock a “neutral” rating in a research note on Friday. Weiss Ratings upgraded shares of Rocket Companies from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Royal Bank Of Canada reduced their target price on shares of Rocket Companies from $16.00 to $14.00 and set a “sector perform” rating on the stock in a report on Friday. Finally, 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. Eight investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Rocket Companies presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.75.

View Our Latest Analysis on RKT

Insiders Place Their Bets

In other Rocket Companies news, Rocket Mortgage CEO Jesse Bray sold 225,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $13.11, for a total transaction of $2,949,750.00. Following the sale, the insider directly owned 7,953,027 shares in the company, valued at $104,264,183.97. This represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 450,000 shares of company stock valued at $5,687,074. Insiders own 57.68% of the company’s stock.

Institutional Trading of Rocket Companies

Hedge funds and other institutional investors have recently bought and sold shares of the business. Amundi grew its position in shares of Rocket Companies by 152.1% during the first quarter. Amundi now owns 13,725,878 shares of the company’s stock worth $195,594,000 after acquiring an additional 8,280,463 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in Rocket Companies during the 2nd quarter valued at approximately $74,874,000. Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in Rocket Companies during the 2nd quarter valued at approximately $67,795,000. Wellington Management Group LLP lifted its position in Rocket Companies by 64.5% during the 2nd quarter. Wellington Management Group LLP now owns 9,029,295 shares of the company’s stock worth $142,211,000 after acquiring an additional 3,541,916 shares during the period. Finally, Brooklands Fund Management Ltd lifted its position in Rocket Companies by 3,330.9% during the 3rd quarter. Brooklands Fund Management Ltd now owns 2,602,700 shares of the company’s stock worth $29,957,000 after acquiring an additional 2,526,840 shares during the period. 4.59% of the stock is currently owned by institutional investors and hedge funds.

Rocket Companies Stock Down 0.1%

Shares of NYSE:RKT traded down $0.02 during trading hours on Tuesday, reaching $13.75. The stock had a trading volume of 5,567,010 shares, compared to its average volume of 30,315,664. Rocket Companies has a 1 year low of $10.18 and a 1 year high of $24.36. The firm’s 50 day moving average is $12.37 and its 200-day moving average is $14.71. The company has a debt-to-equity ratio of 1.16, a quick ratio of 4.85 and a current ratio of 4.85. The stock has a market capitalization of $38.94 billion, a price-to-earnings ratio of 30.56, a P/E/G ratio of 3.46 and a beta of 2.23.

Rocket Companies (NYSE:RKT – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. The business had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.58 billion. Rocket Companies had a net margin of 4.70% and a return on equity of 5.13%. The company’s revenue for the quarter was up 37.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.07 EPS. Research analysts predict that Rocket Companies will post 0.47 earnings per share for the current fiscal year.

Rocket Companies Company Profile

(Get Free Report)

Rocket Companies, Inc is a Detroit-based financial technology company that operates a portfolio of consumer finance and real estate businesses. Its platform is designed to simplify the homeownership process through digital applications, automated workflows and online customer support.

The company’s principal business is Rocket Mortgage, a residential mortgage lender and servicer offering home purchase, refinance and home equity products. Its broader portfolio includes Rocket Homes, a real estate services platform; Rocket Money, a personal finance app that helps consumers manage subscriptions, budgets and bills; Rocket Loans, which provides personal loans; and Rocket Pro, which supports mortgage brokers and other partners.

Rocket Companies traces its history to 1985, when Dan Gilbert founded Rock Financial.