Q2 Earnings Estimate for Rocket Companies Issued By Wedbush

Rocket Companies, Inc. (NYSE:RKT) – Investment analysts at Wedbush lowered their Q2 2025 earnings estimates for shares of Rocket Companies in a research report issued on Tuesday, March 4th. Wedbush analyst J. Mccanless now anticipates that the company will post earnings per share of $0.11 for the quarter, down from their previous estimate of $0.12. Wedbush has a “Neutral” rating and a $13.00 price target 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 $0.12 EPS and FY2025 earnings at $0.47 EPS.

RKT has been the topic of several other reports. Royal Bank of Canada lowered their price target on shares of Rocket Companies from $20.00 to $18.00 and set a “sector perform” rating on the stock in a report on Wednesday, November 13th. UBS Group raised shares of Rocket Companies from a “sell” rating to a “neutral” rating and lowered their price target for the company from $12.50 to $11.50 in a report on Friday, January 10th. The Goldman Sachs Group lowered their price target on shares of Rocket Companies from $16.00 to $14.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Keefe, Bruyette & Woods increased their price target on shares of Rocket Companies from $10.50 to $12.00 and gave the company an “underperform” rating in a report on Monday. Finally, Bank of America increased their price target on shares of Rocket Companies from $14.00 to $15.00 and gave the company an “underperform” rating in a report on Thursday, November 14th. Four equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $13.83.

Rocket Companies Trading Up 11.2 %

Shares of NYSE:RKT opened at $14.95 on Thursday. Rocket Companies has a 52-week low of $10.06 and a 52-week high of $21.38. The company has a market capitalization of $29.81 billion, a P/E ratio of -93.41 and a beta of 2.43. The company has a 50-day simple moving average of $12.24 and a 200 day simple moving average of $15.05. The company has a debt-to-equity ratio of 1.51, a quick ratio of 15.47 and a current ratio of 15.47.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Capital Performance Advisors LLP bought a new position in shares of Rocket Companies during the third quarter worth approximately $39,000. Itau Unibanco Holding S.A. bought a new position in Rocket Companies in the fourth quarter valued at approximately $47,000. KBC Group NV increased its stake in Rocket Companies by 58.1% in the fourth quarter. KBC Group NV now owns 6,056 shares of the company’s stock valued at $68,000 after acquiring an additional 2,226 shares during the last quarter. Sterling Capital Management LLC increased its stake in 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 acquiring an additional 3,019 shares during the last quarter. Finally, Caisse Des Depots ET Consignations bought a new position in Rocket Companies in the fourth quarter valued at approximately $99,000. 4.59% of the stock is owned by institutional investors.

About Rocket Companies

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.