Rocket Companies Inc
NYSE:RKT

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Rocket Companies Inc
NYSE:RKT
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Price: 13.35 USD -15.35% Market Closed
Market Cap: 26.6B USD
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Rocket Companies Inc
Other

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Rocket Companies Inc
Other Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other CAGR 3Y CAGR 5Y CAGR 10Y
Rocket Companies Inc
NYSE:RKT
Other
-$125.4m
CAGR 3-Years
68%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
MGIC Investment Corp
NYSE:MTG
Other
-$19.1m
CAGR 3-Years
24%
CAGR 5-Years
-27%
CAGR 10-Years
N/A
PennyMac Financial Services Inc
NYSE:PFSI
Other
-$45.3m
CAGR 3-Years
37%
CAGR 5-Years
3%
CAGR 10-Years
N/A
UWM Holdings Corp
NYSE:UWMC
Other
-$721.9m
CAGR 3-Years
-7%
CAGR 5-Years
-58%
CAGR 10-Years
N/A
Enact Holdings Inc
NASDAQ:ACT
Other
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Mr Cooper Group Inc
NASDAQ:COOP
Other
-$146m
CAGR 3-Years
61%
CAGR 5-Years
9%
CAGR 10-Years
N/A
No Stocks Found

Rocket Companies Inc
Glance View

Economic Moat
None
Market Cap
26.6B USD
Industry
Financial Services

Rocket Companies Inc., the juggernaut in the mortgage sector, has seamlessly woven itself into the fabric of American home financing. Emerging from the industrial heart of Detroit, this digital platform has revolutionized how Americans approach securing their dream homes. At its core is the flagship product, Rocket Mortgage, which has spearheaded the company’s strategy to simplify and streamline the mortgage application process. By transitioning much of the mortgage process online, Rocket Mortgage has offered consumers an efficient, user-friendly alternative to traditional, paperwork-heavy procedures. Their digital-first approach not only reduces operational burdens but also accelerates approval times, making the home-buying journey less daunting for millions. The company generates revenue primarily through the origination of loans, where they craft mortgage structures and then sell the loans to investors. This business model capitalizes on both the initial fees garnered during the loan origination process and the premiums obtained from selling the loans. Apart from these core operations, Rocket Companies has ventured into adjacent financial services, offering personal loans and even delving into real estate through Rocket Homes. Through these subsidiary ventures, the company aims at reducing its dependency on mortgage interest rates and diversifying its income streams. In doing so, Rocket Companies Inc. builds a resilient business model, positioning itself not merely as a mortgage lender but as a comprehensive financial services provider.

RKT Intrinsic Value
14.57 USD
Undervaluation 8%
Intrinsic Value
Price

See Also

What is Rocket Companies Inc's Other?
Other
-125.4m USD

Based on the financial report for Dec 31, 2024, Rocket Companies Inc's Other amounts to -125.4m USD.

What is Rocket Companies Inc's Other growth rate?
Other CAGR 3Y
68%

The average annual Other growth rates for Rocket Companies Inc have been 68% over the past three years .

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