Revenue segments as reported by the company.

Gain on sale of loans

Servicing fee income

Change in fair value of MSRs

Interest income, net

Other income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Salaries, commissions and team member benefits

General and administrative expenses

Marketing and advertising expenses

Depreciation and amortization

Interest and amortization expense on non-funding debt

Other expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Rocket Companies, Inc.

Rocket Cos., Inc. engages in the provision of a suite of services related to homeownership and other personal financial transactions. It operates through the following segments: Direct to Consumer and Partner Network. The Direct to Consumer segment consists of performance marketing and direct engagement through the Rocket Mortgage App. The Partner Network Segment focuses on partnerships with premier consumer-focused organizations, brokers and mortgage professionals who leverage the platform and scale to provide mortgage solutions to clients. The company was founded by Daniel Gilbert in 1985 and is headquartered in Detroit, MI.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Rocket Companies reports solid Q4 performance amidst market challenges

Rocket Companies navigated challenges in 2022 with resilience, focusing on client engagement and strategic investments to drive growth and enhance market position.
Despite margin impacts in Q4, the company remains optimistic about the mortgage industry outlook, leveraging opportunities in the purchase market and consumer engagement for future success.
With a strong emphasis on client experience and retention, Rocket Companies aims to capitalize on market shifts and strategic initiatives to drive revenue growth and market share expansion.

Rocket Companies reports strong Q1 results and eyes mortgage market

Rocket Companies delivered strong Q1 results and is focused on enhancing the home buying experience through innovative initiatives and client engagement.
Despite challenges in home inventory levels and industry capacity, Rocket's financial strength and unique client approach position them well for growth.
The company's strategic outlook for Q2 revenue, emphasis on client relationships, and opportunities in the mortgage space highlight its resilience and growth potential.

Rocket Companies reports robust Q2 earnings amidst market challenges

Rocket Companies delivered strong financial performance in Q2, focusing on growth, cost-saving measures, and client satisfaction. Despite market challenges, they are optimistic about opportunities in the purchase-driven origination market and potential benefits from new regulations.

Rocket Companies, Inc. reports robust Q3 earnings amidst Q4 challenges

Rocket Companies, Inc. demonstrated strong financial performance in Q3 but anticipates challenges in Q4. Despite margin pressures and industry conditions, Rocket's strategic focus on growth, efficiency, and market positioning bode well for future opportunities and resilience in the market.

Rocket Companies posts strong Q4 results, eyes AI growth opportunities

Rocket Companies delivered robust financial performance in Q4 2023, showcasing revenue growth, expense management, and a focus on core business and home ownership.
The company's strengths lie in its strong balance sheet, innovative products, and strategic positioning in servicing and customer acquisition.
Challenges include industry dynamics, regulatory pressures, and the need for sustained growth amidst market uncertainties.
Opportunities for Rocket include AI-driven enhancements, margin improvements, and strategic investments in marketing and customer retention.

Rocket Companies reports robust Q1 results and AI-driven growth

Rocket Companies, Inc. delivered strong Q1 financial performance with a focus on market share growth, operational efficiencies, and AI-driven innovations.
Challenges include maintaining margins amid rising rates and competition in the servicing asset market, but opportunities lie in volume growth and AI differentiation.
Overall, Rocket's strategic initiatives position it well for continued growth and market share expansion in the mortgage industry.

Rocket Companies exceeds Q2 revenue targets, focuses on AI growth

Rocket Companies delivered strong financial results, exceeding revenue guidance and showcasing growth in market share and efficiency.
Their strategic focus on AI investments and operational efficiency bodes well for future profitability and market expansion.
While facing industry challenges, Rocket Companies remains optimistic and committed to driving growth through innovation and strategic initiatives.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Schnitzer Steel Industries

Earthstone Energy

Although US stocks closed mixed on Friday following the release of June's jobs report, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain.

Insiders Buying Rocket Companies, Schnitzer Steel And This Energy Stock

Opendoor

Riot Blockchain

Sabre

TETRA Technologies

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

5 Very Well-Known ‘Strong Buy' Stocks Under $10 With Huge Upside Potential

A Wall Street analyst upgraded the stock this week.

Why Shares of Rocket Companies Are Rising This Week

Analysts are getting more bullish on the real estate services provider.

Why Rocket Companies Stock Popped Today

RKT stock is rocketing higher today as a big bank analyst expects Rocket Companies to prevail despite difficult market conditions. The post Rocket Companies (RKT) Stock Gets Boost From Wells Fargo Upgrade appeared first on InvestorPlace.

Rocket Companies (RKT) Stock Gets Boost From Wells Fargo Upgrade

A. O. Smith

Mercer International

Now that the S&P 500 (NYSEARCA: SPY) has corrected about 20% the stock market is starting to look cheap again. While we think the broad market still has a ways to go before hitting bottom there are some stocks and sectors garnering attention from the analyst.

Three Cheap Stocks That Just Got Upgraded

Chegg

Chesapeake Energy

DaVita

Kyndryl Holdings

Plains All American Pipeline

These are 6 stocks insiders are buying now. Execs buying shares now want to get in before Q2 earnings come out - a good sign for investors.

6 Stocks Insiders Are Buying Now

Two members of the Board of Directors of a beaten down mortgage related company have been buying shares of the company. Here's what investors should know.

Insiders Have Been Scooping Up Shares Of This Beaten Down 2020 IPO

Redfin

Zillow

Real estate stocks fared better this week after mortgage applications rose last week.

Why Shares of Rocket Companies, Zillow, and Redfin Are Up This Week

Rocket Companies continues to struggle as interest rates soar.

Here's Why Shares of Rocket Companies Are Down 18% This Week

Rocket Companies' stock is down close to 66% since the company went public.

Rocket Companies Is Down 66% Since Going Public. Is It Time to Buy the Dip?

Higher mortgage rates will be a drag on business.

Mortgage Rates Hit Their Highest Level Since 2009: Here's What That Means for Rocket Companies

At 60% below its 52-week high, RKT stock may be reaching a bottom, but a weakening housing market leaves little upside reward. The post The Good News for Rocket Companies Doesn't Make the Bad News Less Bad appeared first on InvestorPlace.

The Good News for Rocket Companies Doesn't Make the Bad News Less Bad

Rocket Companies is the largest player in the mortgage realm, which has taken the lead in the market through its innovative tech-based approach. The current macroeconomic climate threatens to bring mortgage financiers to their knees and has not left industry giants immune.

Hold: Rocket Companies Is Far From Its Doomsday

Investor sentiment is awful right now for the mortgage originators, but is there light at the end of the tunnel?

Here Is How Rocket Will Drive Earnings During a Slump for Mortgage Origination

Blue Water Vaccines

Carvana

Redbox Entertainment

Unity Software

A circuit breaker is an automatic, temporary trading halt on certain securities when the underlying stock is experiencing times of high volatility. It is a measure put in place to help restore and bring order to the markets.

5 Stocks Halted In Wednesday's Session: Here's Why

Disappointing earnings and a slowing mortgage loan market worried investors.

Why Rocket Companies Stock Is Falling Today

Rocket Companies Inc (NYSE: RKT) shares are trading lower by 5.5% after the mortgage lender reported a sharp decline in revenue. On Tuesday afternoon, Rocket reported first-quarter adjusted EPS of 15 cents, missing consensus analyst estimates of 19 cents.

'Remain Cautious On Mortgage Originators': Rocket Companies Analysts React To Mixed Q1 Earnings

RKT stock is over 2 times book value, but it could fall below book value if rates keep rising and its GOS revenue tanks further. The post Stay Away From Rocket Companies Until It Trades Below Book Value appeared first on InvestorPlace.

Stay Away From Rocket Companies Until It Trades Below Book Value

Rocket Companies Inc (NYSE: RKT) shares are trading lower Wednesday after the company announced financial results. Rocket Companies said first-quarter revenue declined 41% year-over-year to $2.7 billion.

Why Rocket Companies Shares Are Falling

Rocket Companies, Inc. (NYSE:RKT ) Q1 2022 Earnings Conference Call May 10, 2022 4:30 PM ET Company Participants Sharon Ng - VP of IR Jay Farner - Vice Chairman & CEO Julie Booth - CFO & Treasurer Conference Call Participants Ryan Nash - Goldman Sachs Doug Harter - Credit Suisse Kevin Barker - Piper Sandler Blake Netter - Morgan Stanley Brock Vandervliet - UBS Ryan McKeveny - Zelman & Associates Richard Shane - JPMorgan Operator Good day, and welcome to the Rocket Companies, Incorporated. First Quarter 2022 Earnings Call.

Rocket Companies, Inc. (RKT) CEO Jay Farner on Q1 2022 Results - Earnings Call Transcript

Rocket Companies (RKT) delivered earnings and revenue surprises of -16.67% and 15.03%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Rocket Companies (RKT) Misses Q1 Earnings Estimates

Rocket Companies Inc (NYSE: RKT) reported first-quarter financial results after market close Tuesday. Here are the key highlights.

Rocket Companies Q1 Earnings Takeaways: Revenue And EPS Fall, Refinances And Cash-Out Mortgages See Strength

Generated Q1 net revenue of $2.7 billion and Adjusted Revenue of $1.9 billion 1 Delivered Q1 net income of $1.0 billion and Adjusted Net Income of $293 million 1 Achieved best Q1 purchase and cash-out refinance originations in Rocket Companies' history DETROIT , May 10, 2022 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based FinTech platform company consisting of tech-driven real estate, mortgage and financial services businesses – including Rocket Mortgage, Rocket Homes, Truebill and Rocket Auto – today announced results for the quarter ended March 31, 2022. "Rocket delivered a solid performance in the first quarter and achieved our best Q1 volume in purchase and cash out refinances, even as rates rose rapidly.

Rocket Companies Announces First Quarter Results

Bank of America

Wells Fargo

Markets got crushed Thursday as investors continued to digest the latest policy decisions of the Federal Reserve.

News for Rocket Companies, Inc. Stock (RKT)