Rocket Companies (NYSE:RKT) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Posted by Stanley Muller on Nov 11th, 2026

Rocket Companies, Inc. (NYSE:RKT – Get Free Report) crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $14.48 and traded as low as $14.18. Rocket Companies shares last traded at $14.4220, with a volume of 31,920,836 shares traded.

Analysts Set New Price Targets

RKT has been the subject of several recent analyst reports. Keefe, Bruyette & Woods lowered their target price on shares of Rocket Companies from $20.00 to $19.00 and set an “outperform” rating for the company in a research note on Monday, August 10th. Stephens reduced their price target on Rocket Companies from $22.50 to $20.00 and set an “overweight” rating on the stock in a research report on Friday, August 7th. Weiss Ratings upgraded Rocket Companies from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Wells Fargo & Company set a $13.00 price objective on Rocket Companies and gave the company an “equal weight” rating in a report on Tuesday, October 6th. Finally, Barclays lowered their price objective on Rocket Companies from $17.00 to $15.00 and set an “overweight” rating for the company in a research report on Monday, October 5th. Eight investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Rocket Companies presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.75.

Check Out Our Latest Research Report on RKT

Rocket Companies Stock Down 5.1%

The company’s 50-day moving average is $12.46 and its 200 day moving average is $14.48. The stock has a market capitalization of $40.93 billion, a PE ratio of 32.05, a price-to-earnings-growth ratio of 4.59 and a beta of 2.27. The company has a current ratio of 3.77, a quick ratio of 3.77 and a debt-to-equity ratio of 1.02.

Rocket Companies (NYSE:RKT – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.58 billion. Rocket Companies had a net margin of 11.14% and a return on equity of 5.33%. Rocket Companies’s revenue was up 37.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.07 EPS. As a group, analysts anticipate that Rocket Companies, Inc. will post 0.47 EPS for the current year.

Insider Activity

In other news, CEO Jesse Bray sold 225,000 shares of Rocket Companies stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $13.75, for a total transaction of $3,093,750.00. Following the completion of the sale, the chief executive officer directly owned 7,503,027 shares in the company, valued at approximately $103,166,621.25. The trade was a 2.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 675,000 shares of company stock valued at $8,780,824 over the last three months. Company insiders own 57.68% of the company’s stock.

Hedge Funds Weigh In On Rocket Companies

Several hedge funds have recently made changes to their positions in RKT. Vestor Capital LLC lifted its position in Rocket Companies by 9.0% during the 3rd quarter. Vestor Capital LLC now owns 8,723 shares of the company’s stock worth $100,000 after acquiring an additional 723 shares during the period. Valeo Financial Advisors LLC grew its stake in Rocket Companies by 4.2% during the 2nd quarter. Valeo Financial Advisors LLC now owns 20,473 shares of the company’s stock valued at $322,000 after purchasing an additional 823 shares during the last quarter. Moors & Cabot Inc. increased its holdings in shares of Rocket Companies by 3.7% in the third quarter. Moors & Cabot Inc. now owns 33,641 shares of the company’s stock valued at $387,000 after purchasing an additional 1,188 shares during the period. NewEdge Wealth LLC increased its holdings in shares of Rocket Companies by 9.5% in the first quarter. NewEdge Wealth LLC now owns 14,457 shares of the company’s stock valued at $206,000 after purchasing an additional 1,253 shares during the period. Finally, HB Wealth Management LLC increased its holdings in shares of Rocket Companies by 4.9% in the second quarter. HB Wealth Management LLC now owns 27,040 shares of the company’s stock valued at $426,000 after purchasing an additional 1,258 shares during the period. 4.59% of the stock is owned by institutional investors and hedge funds.

About Rocket Companies

(Get Free Report)

Rocket Companies is a Detroit-based financial technology company whose businesses help consumers navigate homeownership and personal finance. Its services include mortgage lending and refinancing, online real estate search, title and closing services, and personal loans. Its flagship business, Rocket Mortgage, offers a digital mortgage application and lending process. Other brands include Rocket Homes, which connects homebuyers with real estate services, and Amrock, which provides title, settlement, and valuation services.