Rocket Companies (NYSE:RKT – Get Free Report) is expected to release its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect Rocket Companies to post earnings of $0.1383 per share and revenue of $2.58 billion for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:30 PM ET.
Rocket Companies (NYSE:RKT – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.16 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.16. The company had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.81 billion. Rocket Companies had a net margin of 4.70% and a return on equity of 5.13%. Rocket Companies’s revenue for the quarter was up 91.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.04 earnings per share. On average, analysts expect Rocket Companies to post $0.48 EPS for the current fiscal year and $0.70 EPS for the next fiscal year.
Rocket Companies Stock Performance
Shares of RKT stock opened at $11.47 on Tuesday. The stock’s 50-day moving average is $12.56 and its two-hundred day moving average is $14.96. The firm has a market cap of $32.49 billion, a price-to-earnings ratio of 81.96, a PEG ratio of 3.51 and a beta of 2.23. Rocket Companies has a 1 year low of $10.18 and a 1 year high of $24.36. The company has a debt-to-equity ratio of 1.16, a quick ratio of 4.85 and a current ratio of 4.85.
Insider Activity
In related news, Rocket Mortgage CEO Jesse Bray sold 225,000 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $13.11, for a total value of $2,949,750.00. Following the completion of the sale, the insider owned 7,953,027 shares in the company, valued at $104,264,183.97. This trade represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 450,000 shares of company stock valued at $5,687,074. Company insiders own 57.68% of the company’s stock.
Analysts Set New Price Targets
RKT has been the subject of several research analyst reports. Barclays decreased their price objective on Rocket Companies from $17.00 to $15.00 and set an “overweight” rating for the company in a report on Monday, October 5th. Keefe, Bruyette & Woods cut their target price on shares of Rocket Companies from $20.00 to $19.00 and set an “outperform” rating on the stock in a report on Monday, August 10th. Benchmark reduced their price target on shares of Rocket Companies from $21.00 to $19.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Stephens decreased their price target on shares of Rocket Companies from $22.50 to $20.00 and set an “overweight” rating for the company in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Rocket Companies from $14.00 to $12.50 and set a “neutral” rating for the company in a research note on Monday, October 12th. Eight investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Rocket Companies has a consensus rating of “Moderate Buy” and an average target price of $19.12.
Check Out Our Latest Analysis on RKT
About Rocket Companies
Rocket Companies, Inc is a Detroit-based financial technology company that operates a portfolio of consumer finance and real estate businesses. Its platform is designed to simplify the homeownership process through digital applications, automated workflows and online customer support.
The company’s principal business is Rocket Mortgage, a residential mortgage lender and servicer offering home purchase, refinance and home equity products. Its broader portfolio includes Rocket Homes, a real estate services platform; Rocket Money, a personal finance app that helps consumers manage subscriptions, budgets and bills; Rocket Loans, which provides personal loans; and Rocket Pro, which supports mortgage brokers and other partners.
Rocket Companies traces its history to 1985, when Dan Gilbert founded Rock Financial.
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