Rocket Companies (NYSE:RKT) Raised to “Strong-Buy” at Benchmark

Posted by Stanley Muller on Jul 2nd, 2026

Rocket Companies (NYSE:RKT – Get Free Report) was upgraded by equities research analysts at Benchmark to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

A number of other research analysts also recently commented on RKT. Stephens started coverage on Rocket Companies in a report on Thursday, April 23rd. They set an “overweight” rating and a $22.50 target price on the stock. BTIG Research restated a “neutral” rating on shares of Rocket Companies in a research note on Tuesday, June 16th. Citizens Jmp initiated coverage on shares of Rocket Companies in a report on Wednesday, March 25th. They issued a “market perform” rating for the company. Weiss Ratings raised shares of Rocket Companies from a “sell (d)” rating to a “hold (c)” rating in a report on Wednesday, May 13th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Rocket Companies from $24.00 to $16.50 and set a “neutral” rating for the company in a research note on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $20.87.

Check Out Our Latest Stock Report on RKT

Rocket Companies Stock Performance

Shares of Rocket Companies stock opened at $15.87 on Monday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 4.37 and a current ratio of 4.37. Rocket Companies has a 1 year low of $12.17 and a 1 year high of $24.36. The firm’s 50-day simple moving average is $14.19 and its 200-day simple moving average is $16.63. The firm has a market cap of $44.89 billion, a PE ratio of 317.34 and a beta of 2.16.

Rocket Companies (NYSE:RKT – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.76 billion. Rocket Companies had a return on equity of 4.30% and a net margin of 2.78%.The company’s revenue for the quarter was up 167.1% compared to the same quarter last year. During the same period last year, the firm earned $0.04 earnings per share. Equities analysts forecast that Rocket Companies will post 0.63 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RKT. ORG Partners LLC increased its position in Rocket Companies by 22.3% in the fourth quarter. ORG Partners LLC now owns 2,857 shares of the company’s stock worth $55,000 after buying an additional 520 shares during the period. Manchester Capital Management LLC boosted its holdings in shares of Rocket Companies by 0.5% during the fourth quarter. Manchester Capital Management LLC now owns 116,466 shares of the company’s stock valued at $2,255,000 after acquiring an additional 618 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Rocket Companies by 3.5% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 18,817 shares of the company’s stock valued at $365,000 after acquiring an additional 636 shares during the period. Composition Wealth LLC grew its position in shares of Rocket Companies by 2.7% during the fourth quarter. Composition Wealth LLC now owns 25,323 shares of the company’s stock worth $490,000 after acquiring an additional 668 shares during the last quarter. Finally, Parallel Advisors LLC grew its position in shares of Rocket Companies by 26.1% during the third quarter. Parallel Advisors LLC now owns 3,267 shares of the company’s stock worth $63,000 after acquiring an additional 677 shares during the last quarter. Institutional investors and hedge funds own 4.59% of the company’s stock.

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.