Q2 Earnings Estimate for Rocket Companies Issued By Wedbush

Rocket Companies, Inc. (NYSE:RKT) – Analysts at Wedbush cut their Q2 2025 earnings per share estimates for shares of Rocket Companies in a research note issued on Wednesday, April 16th. Wedbush analyst J. Mccanless now anticipates that the company will post earnings of $0.07 per share for the quarter, down from their prior estimate of $0.11. Wedbush currently has a “Outperform” rating and a $13.00 target price on the stock. The consensus estimate for Rocket Companies’ current full-year earnings is $0.15 per share. Wedbush also issued estimates for Rocket Companies’ Q3 2025 earnings at $0.11 EPS and Q4 2025 earnings at $0.12 EPS.

RKT has been the subject of a number of other research reports. Keefe, Bruyette & Woods upped their target price on Rocket Companies from $14.00 to $15.00 and gave the stock a “market perform” rating in a report on Tuesday, April 8th. The Goldman Sachs Group dropped their price objective on Rocket Companies from $16.00 to $14.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. Royal Bank of Canada reissued a “sector perform” rating and issued a $18.00 price target on shares of Rocket Companies in a research note on Tuesday, April 1st. Barclays upgraded shares of Rocket Companies from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $10.00 to $14.00 in a research note on Tuesday, April 8th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Rocket Companies from $14.00 to $10.50 and set an “underweight” rating on the stock in a report on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, Rocket Companies currently has a consensus rating of “Hold” and a consensus target price of $14.38.

Rocket Companies Stock Performance

Shares of Rocket Companies stock opened at $12.08 on Thursday. The company’s 50 day moving average price is $13.50 and its two-hundred day moving average price is $13.76. The firm has a market capitalization of $24.11 billion, a P/E ratio of -75.49 and a beta of 2.35. The company has a debt-to-equity ratio of 1.51, a current ratio of 15.47 and a quick ratio of 15.47. Rocket Companies has a fifty-two week low of $10.06 and a fifty-two week high of $21.38.

Institutional Investors Weigh In On Rocket Companies

A number of institutional investors and hedge funds have recently made changes to their positions in RKT. Parallel Advisors LLC raised its position in shares of Rocket Companies by 302.2% during the 1st quarter. Parallel Advisors LLC now owns 2,956 shares of the company’s stock valued at $36,000 after buying an additional 2,221 shares in the last quarter. GAMMA Investing LLC boosted its stake in Rocket Companies by 82.4% in the first quarter. GAMMA Investing LLC now owns 3,905 shares of the company’s stock worth $47,000 after buying an additional 1,764 shares in the last quarter. Itau Unibanco Holding S.A. purchased a new position in shares of Rocket Companies during the fourth quarter worth approximately $47,000. KBC Group NV grew its holdings in shares of Rocket Companies by 58.1% during the 4th 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 raised its position in Rocket Companies by 57.2% in the 4th quarter. Sterling Capital Management LLC now owns 8,295 shares of the company’s stock worth $93,000 after purchasing an additional 3,019 shares during the period. Hedge funds and other institutional investors own 4.59% of the company’s stock.

Rocket Companies Cuts Dividend

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

Rocket Companies Company Profile

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.