Exchange: NYSE·Updated 07:52 PM EST
RKT logo

RKT Rocket Companies Inc

$15.06
$0.24
(1.62%)
Today
Closed $15.06
$0.01
(0.07%)
After Hours
Reported EarningsOct 29
Mkt Cap$42.74B
Vol35.55M

About RKT

Rocket Cos., Inc. engages in the provision of a suite of services related to homeownership and other personal financial transactions. It operates through the following segments: Direct to Consumer and Partner Network. The Direct to Consumer segment consists of performance marketing and direct engagement through the Rocket Mortgage App. The Partner Network Segment focuses on partnerships with premier consumer-focused organizations, brokers and mortgage professionals who leverage the platform and scale to provide mortgage solutions to clients. The company was founded by Daniel Gilbert in 1985 and is headquartered in Detroit, MI.
76

Extremely Bullish Sentiment

How do you feel about RKT?

theoptionsplug
$RKT could take a bit longer but when price finally breaks out from this massive wedge it will ROCKET, yes pun intended 🚀
1
9
Kyle_Krueger
$RKT This is why I remain bullish. Rocket is gaining market share in a difficult housing market while adjusted EBITDA more than doubled year over year. The opportunity isn’t just lower interest rates. It’s a stronger competitive position and greater earnings power as the housing cycle eventually improves. Long-term execution matters more than short-term estimates. (Long) 💪🏼
11
Pcash
$RKT Crushing, in this environment?? Have been doing well last many Q’s. I mean it’s a buy clearly. What else negative is there????? Markets look ahead right?
11
MrNotSoNice
$RKT I am so hap hap happy! Tremendous quarter considering the interest rate. Let the upgrades begin. We are going back to $18 if not more. Yay us! 😃📈💰
10
Kyle_Krueger
It took $RKT roughly five months to lose $5 a share and just three weeks to recover over $4. Five months of selling. Three weeks of buying. Market psychology is fascinating. 🚀
7
Kyle_Krueger
$RKT is taking market share while maintaining substantial profitability in a challenging environment.
9
SuperPanda69
$RKT $AGNC I think it all hinges on weather or not we get peace with Iran... otherwise the entire market is screwed ... which at that point interest rates will fall one way or another. Either way real estate will benefit big when rates fall.
8
TopOptionAlert
$RKT NOV20 11C · still actionable Zone: $10.64 to $10.79 Invalidation: close under $10.53 Objectives: $11.35, then $12 The math: up 6.0% to the first objective and 12.0% to the second, against 1.7% risk on the invalidation, about 7 to 1 to the second Dear friend, think of a house that has been marked down month after month until it sits near the lowest price anyone has paid in a year, and yet the front door is still holding. That is this swing setup. Rocket sits near 10.71 dollars, just above the 10.53 dollar low buyers have defended, and what that means is the selling has slowed at a real floor with room back toward 11.35 dollars and then 12 dollars. A close under 10.53 dollars says that floor gave way and you step aside, no argument and no hope trade. P.S. Earnings land on November 5, and the November 20 expiry carries this idea through that report, so expect a jumpy ride into it.
2
1
Darktilt85
$RKT would be good to see this at 12.5 as it was last week when the 10 Y was at the same level it is at today!
7
Probably_Drunk
$RKT If you're wondering what me and the bears moms will be doing this weekend, heres a little hint.
6
UpTick_
$RKT 🚀🚀🚀🚀🚀 The market keeps screaming for proof of profitability in the new age of AI. Meanwhile, it's spitting out profits in possibly the worst housing market ever with Rocket. Legit proof already available.
6
rocket98
$RKT well RKT was one of the few companies that showed the strength and stayed Green today in sea of red market..
6
Probably_Drunk
$RKT As i keep saying, this next "crisis" or market drop is not going to be centered around housing. Is extremely depressed already snd so many people are comfortable where they are. Just no interest in giving up their rates. Ride out the storm. Blue skies on the other side. $LEN
6
TopOptionAlert
$RKT NOV20 11.5C · still actionable Zone: $11.03 to $11.19 Invalidation: close under $10.60 Objectives: $11.80, then $12.45 The math: up 6.2% to the first objective and 12.1% to the second, against 4.6% risk on the invalidation, more than 2 and a half to 1 to the second Dear friend, picture a house that kept getting marked down while the family inside kept paying the bills on time. That is this swing setup. Rocket closed at 11.11 dollars after holding above 11.09 dollars today, and it has held well above the 10.18 dollar low from last week, which in plain words means sellers pushed toward the floor and buyers still showed up. If that floor keeps holding, there is room back toward 11.80 dollars first and 12.45 dollars after that, while a close under 10.60 dollars would say the bounce has failed and you step aside. P.S. Volume was 37.46 million shares today, close to its recent average, so this was no thin bounce on light trading.
2
Probably_Drunk
$RKT Downtown dookie Josh Brown said he sold for a loss today on CNBC. I take that as a win.
1
3
TopOptionsAIerts
$RKT NOV20 14.5C · still actionable Zone: $13.72 to $13.92 Invalidation: close under $13.05 Objectives: $14.76, then $15.49 The math: up 6.8% to the first objective and 12.1% to the second, against 5.6% risk on the invalidation, better than 2 to 1 to the second. I like this swing because today pushed it up almost 8% after the Oct 29 earnings beat, and it is holding the breakout into the close. Earnings are already out, so you are buying strength with the report behind it, not gambling on one ahead. The zone is tight and the invalidation is clear, so you know where you are wrong before the move starts. If $13.05 holds, $14.76 is the first spot to watch for buyers pushing toward the 200 day line. Watch: $14.00, the today high. A close over it shows buyers still in control.
5
UnsettledOnPurpose
Sure, they're competitors, but I have owned both. If I could sell 1 share of $RKT and buy almost 8 shares of $UWMC right now, that is a no-brainer. Mat F'd up with the whole $TWO merger and hedging gamble, a huge mistake, but not a reoccurring one. Wall St quietly bought up more than the available free float if you count extra shares from shorts. Earnings coming out soon. Even a small rotation from RKT to UWMC might be worth considering, just by numbers, not accounting for shorts and sentiment. I will point to this thread again in 2027 to show you how much money you could have made if you had listened to me. But, ofc: NFA.
5
Stobs16
$RKT Very impressive results for being in one of the the most challenging rate environments. Well done 👍
5
McCartney
$RKT Painful, will bounce back. Misunderstood. 5 billion revenue alone in mortgage servicing. Taking market share. They use AI big time.
5
MoffaMan
$RKT I guess the feds are going to raise the rates again this year based on the jobs number that came out today
1

Advertisement|Remove ads.