RKT Stock Recent News

Federal funds rate cuts create a favorable market environment for mortgage lenders and refinancers. Rocket Companies could capitalize on this demand as the company has a history of strong execution even in bad economic conditions. The company's valuation is attractive as further valuation expansion potential exists in the coming quarters.

Mortgage lenders are reporting an uptick in interest from homeowners looking for ways to extract equity from their houses through home-equity lines of credit as mortgage rates are poised to fall.

Markets will always have a reason to keep the market going, and always come up with reasons as to why a stock might be falling, whether these reasons are valid or not. Today, investors need to cut out the noise as volatility starts to hit the S&P 500 and other baskets of stocks, especially the ones that carry the most potential tail risk for a new rally based on fundamental reasons as well as technical.

DETROIT , Sept. 10, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and other financial services businesses, will host its first Investor Day today at 9:00 a.m.

Sogorka, a former Business Unit President at Black Knight and CEO of mortgage technology firms Sagent and Cloudvirga, named General Manager of Rocket Mortgage's unit serving mortgage brokers Click here  to download high resolution headshot DETROIT , Sept. 3, 2024 /PRNewswire/ -- Rocket Companies (NYSE: RKT) today announced it has named Dan Sogorka as General Manager of Rocket Pro Third Party Origination (TPO), the mortgage broker business of Rocket Mortgage, effective September 3.

DETROIT , Aug. 26, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and other financial services businesses, today announced that the Company will host its first Investor Day on Tuesday, September 10, 2024 starting at 9:00 a.m. ET in Detroit, Michigan.

New temporary buydown option eases the transition into homeownership with Rocket Mortgage covering the cost of a lower interest rate for two years DETROIT , Aug. 26, 2024 /PRNewswire/ -- Rocket Mortgage, the nation's largest mortgage lender and a part of Rocket Companies (NYSE: RKT), today introduced "Welcome Home RateBreak," a lender-paid 2-1 temporary buydown program. Buyers can enjoy significant savings with a mortgage rate reduced by two percentage points in the first year, then one percentage point in the second year before returning to the note rate in the third year and until the mortgage is paid off.

An Insider at Rocket Companies is constantly buying shares even as analysts issue downgrades. Is there something he knows that the analysts don't?

The 25-city showcase will spotlight both household names and featured acts in premiere clubs across the country, including Improv venues in multiple stops DETROIT , Aug. 6, 2024 /PRNewswire/ -- Rocket Mortgage – the nation's largest retail mortgage lender and part of Rocket Companies (NYSE: RKT) – today announced the launch of the Rocket Comedy Tour in partnership with comedian, writer and director Mike Young. The 25-stop nationwide tour is set to bring headlining acts alongside Young to intimate theaters across the country, kicking off in Phoenix on October 11, 2024.

Rocket Companies, Inc. (NYSE:RKT ) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Sharon Ng - Vice President of Investor Relations Varun Krishna - Chief Executive Officer Brian Brown - Chief Financial Officer Conference Call Participants Mark DeVries - Deutsche Bank Ryan McKeveny - Zelman & Associates Jeff Adelson - Morgan Stanley Derek Sommers - Jefferies Brad Capuzzi - Piper Sandler Doug Harter - UBS Rick Shane - JPMorgan Operator Thank you for standing by and welcome to the Rocket Companies Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.