Q2 EPS Estimates for Rocket Companies Lowered by Wedbush

Rocket Companies, Inc. (NYSE:RKT) – Equities researchers at Wedbush decreased their Q2 2025 EPS estimates for Rocket Companies in a research report issued to clients and investors 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 prior estimate of $0.12. Wedbush currently has a “Neutral” 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 $0.12 EPS and FY2025 earnings at $0.47 EPS.

RKT has been the subject of several other research reports. Royal Bank of Canada cut their price objective on Rocket Companies from $20.00 to $18.00 and set a “sector perform” rating for the company in a report on Wednesday, November 13th. Bank of America raised their price objective on Rocket Companies from $14.00 to $15.00 and gave the company an “underperform” rating in a report on Thursday, November 14th. The Goldman Sachs Group lowered their price objective on shares of Rocket Companies from $16.00 to $14.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Morgan Stanley cut their price target on shares of Rocket Companies from $16.00 to $13.00 and set an “equal weight” rating for the company in a research report on Thursday, December 19th. Finally, Piper Sandler dropped their target price on Rocket Companies from $17.00 to $16.00 and set a “neutral” rating for the company in a report on Thursday, November 14th. Four research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $13.83.

Rocket Companies Trading Down 0.4 %

Shares of RKT stock opened at $14.84 on Thursday. Rocket Companies has a 52-week low of $10.06 and a 52-week high of $21.38. The business’s fifty day moving average is $12.31 and its 200 day moving average is $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. The company has a market capitalization of $29.61 billion, a PE ratio of -92.77 and a beta of 2.43.

Institutional Investors Weigh In On Rocket Companies

A number of large investors have recently modified their holdings of the stock. Capital Performance Advisors LLP bought a new stake in Rocket Companies during the third quarter worth about $39,000. Itau Unibanco Holding S.A. bought a new position in shares of Rocket Companies during the fourth quarter valued at $47,000. KBC Group NV increased its holdings in Rocket Companies by 58.1% in the 4th quarter. KBC Group NV now owns 6,056 shares of the company’s stock worth $68,000 after buying an additional 2,226 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Rocket Companies by 3,429.7% during the 3rd quarter. International Assets Investment Management LLC now owns 7,377 shares of the company’s stock valued at $142,000 after acquiring an additional 7,168 shares during the last quarter. Finally, Sterling Capital Management LLC lifted its position in Rocket Companies by 57.2% during the fourth quarter. Sterling Capital Management LLC now owns 8,295 shares of the company’s stock valued at $93,000 after purchasing an additional 3,019 shares during the period. Institutional investors own 4.59% of the company’s stock.

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.