Rocket Companies, Inc. (NYSE:RKT) Receives $20.50 Average Target Price from Brokerages

Rocket Companies, Inc. (NYSE:RKT) has earned an average recommendation of “Hold” from the sixteen research firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $20.50.

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. started coverage on Rocket Companies in a research report on Monday, January 12th. They set a “neutral” rating and a $24.00 target price on the stock. Barclays set a $22.00 price target on Rocket Companies and gave the stock an “equal weight” rating in a report on Tuesday, January 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Rocket Companies in a research note on Monday, December 29th. Oppenheimer initiated coverage on shares of Rocket Companies in a research report on Thursday, November 13th. They set an “outperform” rating and a $25.00 target price on the stock. Finally, BTIG Research restated a “buy” rating and issued a $25.00 price target on shares of Rocket Companies in a report on Wednesday, November 19th.

Key Headlines Impacting Rocket Companies

Here are the key news stories impacting Rocket Companies this week:

• Positive Sentiment: Analysts flag RKT’s attractive valuation (about 4.28x trailing book) and argue that expected synergies from Redfin and Mr. Cooper, plus a potential mortgage rebound in 2026, could materially boost returns — a constructive near-to-medium-term thesis for buy-side investors. Should You Buy RKT Stock at 4.28X Book Before Deal Synergies Hit?
• Neutral Sentiment: Pre-earnings coverage compiles Wall Street estimates for RKT’s Q4 (Dec‑quarter) revenue, EPS and key operating metrics — this sets expectations that the stock can move sharply on beats/misses and guides. Investors are positioned for the report and related guidance on origination volumes, margins, and servicing performance. Ahead of Rocket Companies (RKT) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Neutral Sentiment: General investor-education piece places stocks in the $10–$50 range (including mid-sized companies) and discusses risk/reward profiles; not company-specific news but may influence retail interest in RKT. 1 Stock Under $50 with Solid Fundamentals and 2 Facing Challenges
• Negative Sentiment: Redfin (powered by Rocket technology) reports there were ~44% more home sellers than buyers in January — a near‑record imbalance that implies weaker demand, potential downward pressure on home prices, and lower mortgage origination volume if the trend persists. That housing-market softness is a direct headwind for Rocket’s origination and servicing revenue. It’s a Buyer’s Market: America Has 44% More Home Sellers Than Buyers—a Near-Record Gap

Rocket Companies Trading Down 5.1%

RKT opened at $17.06 on Friday. Rocket Companies has a twelve month low of $10.94 and a twelve month high of $24.36. The company has a fifty day moving average of $20.08 and a 200-day moving average of $18.93. The stock has a market cap of $35.91 billion, a PE ratio of 213.33 and a beta of 2.31. The company has a quick ratio of 19.68, a current ratio of 19.68 and a debt-to-equity ratio of 2.16.

Insiders Place Their Bets

In other Rocket Companies news, Director Matthew Rizik sold 2,500 shares of the firm’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $21.26, for a total value of $53,150.00. Following the transaction, the director directly owned 1,046,036 shares of the company’s stock, valued at approximately $22,238,725.36. This trade represents a 0.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 32,500 shares of company stock worth $645,775 in the last 90 days. Corporate insiders own 92.64% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Rocket Companies by 280.3% during the 4th quarter. Vanguard Group Inc. now owns 87,256,540 shares of the company’s stock worth $1,689,287,000 after purchasing an additional 64,311,040 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Rocket Companies by 11,636.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 26,189,869 shares of the company’s stock valued at $507,037,000 after buying an additional 25,966,725 shares in the last quarter. Morgan Stanley increased its position in shares of Rocket Companies by 461.2% during the fourth quarter. Morgan Stanley now owns 27,009,279 shares of the company’s stock valued at $522,900,000 after buying an additional 22,196,782 shares during the period. State Street Corp lifted its holdings in shares of Rocket Companies by 323.9% in the fourth quarter. State Street Corp now owns 20,688,336 shares of the company’s stock worth $400,526,000 after buying an additional 15,807,776 shares in the last quarter. Finally, ValueAct Holdings L.P. boosted its position in shares of Rocket Companies by 55.1% in the fourth quarter. ValueAct Holdings L.P. now owns 39,380,652 shares of the company’s stock valued at $762,409,000 after acquiring an additional 13,985,025 shares during the period. 4.59% of the stock is currently owned by hedge funds and other institutional investors.

Rocket Companies Company Profile

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.