Q2 Earnings Estimate for Rocket Companies Issued By Wedbush

Rocket Companies, Inc. (NYSE:RKT) – Stock analysts at Wedbush reduced their Q2 2025 EPS estimates for shares of Rocket Companies in a research report issued on Tuesday, March 4th. Wedbush analyst J. Mccanless now expects that the company will post earnings of $0.11 per share for the quarter, down from their previous estimate of $0.12. Wedbush currently has a “Neutral” rating and a $13.00 price objective 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.

A number of other analysts have also recently commented on the stock. UBS Group upgraded shares of Rocket Companies from a “sell” rating to a “neutral” rating and lowered their price objective for the company from $12.50 to $11.50 in a research report on Friday, January 10th. Keefe, Bruyette & Woods upped their price objective on shares of Rocket Companies from $10.50 to $12.00 and gave the company an “underperform” rating in a research report on Monday. 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 research report on Tuesday, January 7th. Barclays lowered their price objective on shares of Rocket Companies from $14.00 to $13.00 and set an “underweight” rating for the company in a research report on Wednesday, November 13th. Finally, Royal Bank of Canada lowered their price objective on shares of Rocket Companies from $20.00 to $18.00 and set a “sector perform” rating for the company in a research report on Wednesday, November 13th. Four investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $13.83.

Rocket Companies Price Performance

RKT opened at $14.95 on Thursday. The company has a quick ratio of 15.47, a current ratio of 15.47 and a debt-to-equity ratio of 1.51. Rocket Companies has a 12 month low of $10.06 and a 12 month high of $21.38. The company has a fifty day simple moving average of $12.24 and a 200 day simple moving average of $15.05. The stock has a market cap of $29.81 billion, a P/E ratio of -93.41 and a beta of 2.43.

Hedge Funds Weigh In On Rocket Companies

A number of large investors have recently modified their holdings of RKT. Capital Performance Advisors LLP acquired a new position in shares of Rocket Companies during the 3rd quarter worth about $39,000. Itau Unibanco Holding S.A. acquired a new position in shares of Rocket Companies during the 4th quarter worth about $47,000. KBC Group NV boosted its stake in shares of Rocket Companies by 58.1% during 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 during the last quarter. Sterling Capital Management LLC boosted its stake in shares of Rocket Companies by 57.2% during the 4th quarter. Sterling Capital Management LLC now owns 8,295 shares of the company’s stock worth $93,000 after buying an additional 3,019 shares during the last quarter. Finally, Caisse Des Depots ET Consignations acquired a new position in shares of Rocket Companies during the 4th quarter worth about $99,000. 4.59% of the stock is currently owned by institutional investors and hedge funds.

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.