Rocket Companies, Inc.

RKT

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Identification

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Ticker
RKT
CIK0001805284
SIC6162
SectorFinance, Insurance, And Real Estate
Industry CategoryBanking
Industry GroupMortgage Bankers And Brokers

Contact

Address1050 WOODWARD AVENUE, DETROIT, MI, 48226
Website rocketcompanies.com
Phone(800) 226-6308
CEOJay Farner
Employees26,000

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Standardized Financials

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Intrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals.

For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards.

Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics:

Income Statement
Revenue$4.75 billion
Pre-Tax Income$146.58 million
Net Income$132.67 million
Net Income to Common$2.77 million
EPS$0.02
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Balance Sheet
Cash$1.41 billion
Assets$25.25 billion
Liabilities$16.67 billion
Common Equity$583.97 million
Liabilities & Equity$25.25 billion
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Cash Flow Statement
Calculations
NOPAT$132.67 million
EBITDA$259.39 million
Price to Earnings$10,390.40
Price to Book$49.32
ROE1.54%
View All

Latest News

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Intrinio provides up-to-date news articles on every US company from various sources. Here are several examples:

3 Unpopular Stocks with Mounting Challenges

Wall Street’s bearish price targets for the stocks in this article signal serious concerns. Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.

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Rocket Companies Announces Pricing of Senior Notes due 2030 and Senior Notes due 2033

Rocket Companies, Inc. (NYSE: RKT) (the "Company" or "Rocket Companies"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, today priced its private offering of $2.0 billion aggregate principal amount of 6.125% senior notes due 2030 and $2.0 billion aggregate principal amount of 6.375% senior notes due 2033 (collectively, the "Notes" and such offering, the "Offering").

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US senators press antitrust enforcers over Rocket-Redfin deal

(Reuters) -A group of U.S. Senators have demanded that federal antitrust enforcers explain why they did not seek to block Rocket Companies' $1.75 billion acquisition of real estate listing platform Redfin, saying the deal could raise costs for homebuyers. U.S. senators including Elizabeth Warren and Cory Booker, the top Democrats on the Senate banking and antitrust committees, wrote to the U.S. Department of Justice and Federal Trade Commission on Wednesday asking why they had not challenged the merger announced in March.

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Rocket Companies (NYSE:RKT) Plans US$4 Billion Debt Offering and Acquisitions

Rocket Companies (NYSE:RKT) recently announced a substantial debt financing plan, proposing the issuance of $4 billion in senior notes with maturities extending to 2033. This move aims to facilitate the acquisitions of Redfin Corporation and Mr. Cooper Group, Inc., showcasing the company's expansionary efforts. However, despite these strategic initiatives, the company's stock price remained largely flat over the past month. In contrast, the broader market experienced a notable 2% climb over...

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Rocket Companies Announces Offering of Senior Notes due 2030 and Senior Notes due 2033

Rocket Companies, Inc. (NYSE: RKT) (the "Company" or "Rocket Companies"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, is proposing to issue and sell $2.0 billion aggregate principal amount of senior notes due 2030 and $2.0 billion aggregate principal amount of senior notes due 2033 (collectively, the "Notes") in an offering that will be exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securiti

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