Rocket Companies (RKT) – Analysts’ Weekly Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Rocket Companies (NYSE: RKT) in the last few weeks:

• 4/16/2025 – Rocket Companies had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $13.00 price target on the stock.
• 4/16/2025 – Rocket Companies had its price target lowered by analysts at UBS Group AG from $14.00 to $13.00. They now have a “neutral” rating on the stock.
• 4/8/2025 – Rocket Companies had its price target raised by analysts at Keefe, Bruyette & Woods from $14.00 to $15.00. They now have a “market perform” rating on the stock.
• 4/8/2025 – Rocket Companies was upgraded by analysts at Barclays PLC from an “underweight” rating to an “equal weight” rating. They now have a $14.00 price target on the stock, up previously from $10.00.
• 4/2/2025 – Rocket Companies was upgraded by analysts at Keefe, Bruyette & Woods from an “underperform” rating to a “market perform” rating. They now have a $14.00 price target on the stock, up previously from $12.00.
• 4/2/2025 – Rocket Companies was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating. They now have a $16.00 price target on the stock.
• 4/1/2025 – Rocket Companies had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $18.00 price target on the stock.
• 3/5/2025 – Rocket Companies had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $13.00 price target on the stock.
• 3/3/2025 – Rocket Companies had its price target raised by analysts at Keefe, Bruyette & Woods from $10.50 to $12.00. They now have an “underperform” rating on the stock.

Rocket Companies Stock Down 1.4 %

Shares of NYSE:RKT opened at $12.08 on Monday. The company’s fifty day moving average is $13.48 and its 200-day moving average is $13.64. The company has a debt-to-equity ratio of 1.51, a quick ratio of 15.47 and a current ratio of 15.47. Rocket Companies, Inc. has a 52 week low of $10.06 and a 52 week high of $21.38. The company has a market capitalization of $24.11 billion, a PE ratio of -75.49 and a beta of 2.35.

Rocket Companies Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 3rd. Shareholders of record on Thursday, March 20th were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Thursday, March 20th. Rocket Companies’s dividend payout ratio is 801.25%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of RKT. Parallel Advisors LLC lifted its position in Rocket Companies by 302.2% during the 1st quarter. Parallel Advisors LLC now owns 2,956 shares of the company’s stock worth $36,000 after buying an additional 2,221 shares in the last quarter. Itau Unibanco Holding S.A. bought a new position in shares of Rocket Companies in the fourth quarter worth about $47,000. GAMMA Investing LLC lifted its position in shares of Rocket Companies by 82.4% during the first quarter. GAMMA Investing LLC now owns 3,905 shares of the company’s stock worth $47,000 after purchasing an additional 1,764 shares in the last quarter. KBC Group NV grew its stake in shares of Rocket Companies by 58.1% during the fourth quarter. KBC Group NV now owns 6,056 shares of the company’s stock valued at $68,000 after purchasing an additional 2,226 shares during the last quarter. Finally, Sterling Capital Management LLC increased its holdings in shares of Rocket Companies by 57.2% in the fourth quarter. Sterling Capital Management LLC now owns 8,295 shares of the company’s stock valued at $93,000 after purchasing an additional 3,019 shares in the last quarter. Institutional investors own 4.59% of the company’s stock.

Rocket Companies, Inc, a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company’s solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.