Rocket Companies, Inc.

Equities

RKT

US77311W1018

Financial Technology (Fintech)

Market Closed - Nyse Other stock markets 04:00:02 2024-04-25 pm EDT			5-day change	1st Jan Change
12.2 ^USD	-2.79%		+5.81%	-15.75%

Mar. 28	Rocket Companies, Inc. Announces Executive Changes	CI
Feb. 26	UBS Adjusts Rocket Companies Price Target to $10 From $8.50, Maintains Sell Rating	MT

Rocket : Offering Senior Notes

September 09, 2020 at 09:55 am EDT

By Michael Dabaie

Rocket Companies Inc. said it would offer senior notes.

The holding company consisting of real-estate, mortgage and financial services businesses said its subsidiaries Quicken Loans LLC and Quicken Loans Co-Issuer Inc. are proposing to issue and sell $1.25 billion aggregate principal amount of senior notes due 2029 and senior notes due 2031.

The company said it would use the net proceeds, along with cash on hand, to redeem all of its outstanding $1.25 billion aggregate principal amount of 5.75% senior notes due 2025.

Shares were up 6% to $24.09 in early trading.

Write to Michael Dabaie at michael.dabaie@wsj.com

Latest news about Rocket Companies, Inc.

Rocket Companies, Inc. Announces Executive Changes	Mar. 28	CI
UBS Adjusts Rocket Companies Price Target to $10 From $8.50, Maintains Sell Rating	Feb. 26	MT
Wedbush Maintains Neutral Rating, $13 Price Target for Rocket Companies but Lifts 2024, '25 Profit Forecast	Feb. 23	MT
Nvidia and the moon	Feb. 23
ANALYST RECOMMENDATIONS : Block, Quanta Services, Nvidia, Home Depot, Nutrien...	Feb. 23
Rocket Companies Deploying AI to Achieve Scaled Growth in Market Share, Revenue, Profitability, Says CEO	Feb. 22	MT
Rocket Companies Breaks Even in Q4 Adjusted Earnings, Revenue Rises; Sets Q1 Sales Outlook -- Shares Up After Hours	Feb. 22	MT
Rocket Companies Says Cost Structure Cut by Almost 20% in 2023 Following Nearly 25% Reduction in Expenses in 2022	Feb. 22	MT
Transcript : Rocket Companies, Inc., Q4 2023 Earnings Call, Feb 22, 2024	Feb. 22
Earnings Flash (RKT) ROCKET COMPANIES Reports Q4 Revenue $694M, vs. Street Est of $772.5M	Feb. 22	MT
Rocket Companies, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 22	CI
Rocket Companies Appoints Alex Rampell as an Independent Director to the Board of Directors	Feb. 01	CI
Citigroup Downgrades Rocket Companies to Sell From Neutral, Raises Price Target to $10 From $9	Jan. 16	MT
Deutsche Bank Initiates Rocket Companies at Hold Rating With $10 Price target	Jan. 10	MT
In wait-and-see mode	Jan. 10
ANALYST RECOMMENDATIONS : Apple, Block, Palo Alto, Wise, Workday...	Jan. 10
Rocket Names Jonathan Mildenhall as Chief Marketing Officer	Jan. 04	MT
Rocket Companies Appoints Jonathan Mildenhall as Chief Marketing Officer, Effective January 8, 2024	Jan. 04	CI
Clarity is needed	Jan. 04
ANALYST RECOMMENDATIONS : Amazon, Amex, Apple, Broadcom, Verizon...	Jan. 04
JPMorgan Downgrades Rocket Companies to Underweight From Neutral, Raises Price Target to $10.50 From $8.50	Jan. 04	MT
Slow start for Wall Street	Jan. 03
Rocket Shares Fall After Downgrade From KBW	Jan. 03	MT
Keefe, Bruyette & Woods Downgrades Rocket Companies to Underperform From Market Perform, Price Target is $10.75	Jan. 03	MT
Analyst recommendations: Blackstone, Citigroup, Icon, Amazon, Broadcom...	Jan. 03

Chart Rocket Companies, Inc.

Duration

Period

More charts

Company Profile

Rocket Companies, Inc. is a financial technology company consisting of tech-driven real estate, mortgage and financial service businesses. The Company offers Rocket Platform. Its segments include Direct to Consumer and Partner Network. In the Direct to Consumer segment, clients have the ability to interact with Rocket Mortgage online and/or with the Company's mortgage bankers. The Company markets various brand campaigns and performance marketing channels to clients through its Direct to Consumer segment. Partner Network segment leverages its client service and brands to grow marketing and influencer relationships, and its mortgage broker partnerships through Rocket Pro third-party origination (TPO). The Company consists of personal finance and consumer technology brands, including Rocket Mortgage, Rocket Homes, Amrock, Rocket Money, Rocket Loans, Rocket Auto, Rocket Mortgage Canada, Lendesk, Core Digital Media, Rocket Central and Rock Connections.

Sector

Financial Technology (Fintech)

Calendar

2024-05-02 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for Rocket Companies, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

12.2 USD

Average target price

11.45 USD

Spread / Average Target

-6.18%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Financial Technology (Fintech) (NEC)

	1st Jan change	Capi.
ROCKET COMPANIES, INC.	-15.75%	1.74B
INTUIT INC.	+0.22%	178B
ADYEN N.V.	-0.82%	47.04B
FIDELITY NATIONAL INFORMATION SERVICES, INC.	+17.31%	40.82B
ROBINHOOD MARKETS, INC.	+34.38%	15.14B
AFFIRM HOLDINGS, INC.	-35.59%	9.84B
FUTU HOLDINGS LIMITED	+15.32%	8.82B
HITHINK ROYALFLUSH INFORMATION NETWORK CO., LTD.	-29.22%	8.37B
PB FINTECH LIMITED	+58.93%	6.59B
STONECO LTD.	-13.64%	4.89B

Financial Technology (Fintech) (NEC)