RKT Stock Recent News

SEATTLE--(BUSINESS WIRE)--The daily average mortgage rate dropped to 6.57% on August 4, the lowest level in 10 months, according to a new report from Redfin, the real estate brokerage powered by Rocket. That means a homebuyer on a $3,000 monthly budget has gained roughly $20,000 in purchasing power since May, when the daily average rate hit a recent peak of 7.08%. A buyer on that budget can afford a $458,750 home with today's mortgage rate, compared to the $439,000 home they could have bought w.

DETROIT , Aug. 4, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) (the "Company" or "Rocket Companies"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, in connection with its pending acquisition of Mr. Cooper Group Inc. ("Mr.

DETROIT , Aug. 4, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) (the "Company" or "Rocket Companies"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, in connection with its pending acquisition of Mr. Cooper Group Inc. ("Mr.

Live Updates Live Coverage Has Ended Rocket Companies (RKT) +5.21% 4:47 pm Rocket finally gave the Street what it needed — top-line acceleration and operational leverage. The Redfin deal is already boosting funnel activity, and AI-driven efficiency gains are showing up in EBITDA. This wasn’t just a beat — it was a tone shift. If rates cooperate, the upside case is alive again. Management Commentary 4:41 pm CEO Varun Krishna: “Successfully closing the Redfin transaction marks a proud milestone in our legacy. Our purchase funnel is expanding, conversion rates are rising, and Redfin clients are already closing with Rocket.” Krishna also emphasized Rocket’s goal to be “the AI-fueled homeownership platform”, citing meaningful progress in automation across underwriting and servicing. What Changed This Quarter 4:37 pm Redfin acquisition closed July 1, with early signs of funnel synergies already visible. Digital refinance flow can now complete in <30 minutes online —

Rocket (RKT) Q2 Revenue Beats by 5%

Rocket Companies (RKT) stock is on the move higher after its latest earnings report. The company closed recent M&A activity with Mr.

Shares of Rocket Companies (RKT 15.03%) traded nearly 14% higher, as of 11:29 a.m. ET today, after the company reported better-than-expected earnings results and issued strong guidance for the third quarter of the year.

Rocket Companies, Inc. (NYSE:RKT ) Q2 2025 Earnings Conference Call July 31, 2025 4:30 PM ET Company Participants Brian Nicholas Brown - CFO & Treasurer Sharon Ng - Vice President of Investor Relations Varun Krishna - CEO & Director Conference Call Participants Bose Thomas George - Keefe, Bruyette, & Woods, Inc., Research Division Douglas Michael Harter - UBS Investment Bank, Research Division Jeffrey David Adelson - Morgan Stanley, Research Division Lucas Julian Haimes - Goldman Sachs Group, Inc., Research Division Mark Christian DeVries - Deutsche Bank AG, Research Division Ryan McKeveny - Zelman & Associates LLC Operator Hello, and thank you for standing by. My name is Tiffany, and I will be your conference operator today.

The headline numbers for Rocket Companies (RKT) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Rocket Companies (RKT) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.06 per share a year ago.