rocket companies is a detroit-based holding company consisting of personal finance and consumer service brands including rocket mortgage, rocket homes, rocket loans, rocket auto, rock central, amrock, core digital media, rock connections, lendesk and edison financial. since 1985, rocket companies has been obsessed with helping its clients achieve the american dream of home ownership and financial freedom. rocket companies offers an industry-leading client experience powered by our simple, fast, and trusted digital solutions. rocket companies has 22,000 team members across the united states. its flagship company, rocket mortgage, has been named to fortune magazine's list of "100 best companies to work for" for 17 consecutive years. for more information, please visit our corporate website, investor relations website, twitter page, and our linkedin page.
Company profile
Ticker
RKT, RKT-MM
Exchange
Website
CEO
Jay Farner
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
RKT stock data
Latest filings (excl ownership)
PRE 14A
Preliminary proxy
15 Apr 24
8-K
Departure of Directors or Certain Officers
28 Mar 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
Rocket Companies Announces Fourth Quarter and Full Year 2023 Results
22 Feb 24
8-K
Rocket Companies Appoints AI and Fintech Expert Alex Rampell to Board of Directors
1 Feb 24
8-K
Departure of Directors or Certain Officers
28 Dec 23
8-K
Entry into a Material Definitive Agreement
30 Nov 23
8-K
Entry into a Material Definitive Agreement
27 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Rocket Companies Announces Third Quarter 2023 Results
2 Nov 23
Transcripts
RKT
Earnings call transcript
2023 Q4
22 Feb 24
RKT
Earnings call transcript
2023 Q3
2 Nov 23
RKT
Earnings call transcript
2023 Q2
3 Aug 23
RKT
Earnings call transcript
2023 Q1
5 May 23
RKT
Earnings call transcript
2022 Q4
28 Feb 23
RKT
Earnings call transcript
2022 Q3
4 Nov 22
RKT
Earnings call transcript
2022 Q2
5 Aug 22
RKT
Earnings call transcript
2022 Q1
10 May 22
RKT
Earnings call transcript
2021 Q4
25 Feb 22
RKT
Earnings call transcript
2021 Q3
5 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 991.92 mm | 991.92 mm | 991.92 mm | 991.92 mm | 991.92 mm | 991.92 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 55.45 mm | (no burn) | 5.41 mm |
Cash used (since last report) | n/a | n/a | n/a | 380.07 mm | n/a | 37.10 mm |
Cash remaining | n/a | n/a | n/a | 611.85 mm | n/a | 954.82 mm |
Runway (months of cash) | n/a | n/a | n/a | 11.0 | n/a | 176.4 |
Institutional ownership, Q2 2022
98.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 236 |
Opened positions | 40 |
Closed positions | 43 |
Increased positions | 77 |
Reduced positions | 69 |
13F shares | Current |
---|---|
Total value | 26.55 bn |
Total shares | 1.93 bn |
Total puts | 6.99 mm |
Total calls | 3.67 mm |
Total put/call ratio | 1.9 |
Largest owners | Shares | Value |
---|---|---|
Rock | 1.85 bn | $25.87 bn |
Vanguard | 10.45 mm | $76.91 mm |
Caledonia | 9.31 mm | $68.54 mm |
IVZ Invesco | 8.41 mm | $61.91 mm |
STT State Street | 5.52 mm | $40.62 mm |
BLK Blackrock | 5.06 mm | $37.26 mm |
Technology Crossover Management X | 4.45 mm | $32.75 mm |
Davis Selected Advisers | 4.10 mm | $30.20 mm |
Renaissance Technologies | 2.44 mm | $17.92 mm |
ValueAct | 2.00 mm | $14.72 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Apr 24 | Matthew Rizik | Class A common stock | Buy | Acquire P | No | No | 12.53 | 347 | 4.35 k | 697,855 |
22 Apr 24 | Matthew Rizik | Class A common stock | Buy | Acquire P | No | No | 11.68 | 375 | 4.38 k | 697,508 |
19 Apr 24 | Matthew Rizik | Class A common stock | Buy | Acquire P | No | No | 11.53 | 380 | 4.38 k | 697,133 |
17 Apr 24 | Matthew Rizik | Class A common stock | Buy | Acquire P | No | No | 11.44 | 383 | 4.38 k | 696,753 |
16 Apr 24 | Matthew Rizik | Class A common stock | Buy | Acquire P | No | No | 11.46 | 375 | 4.30 k | 696,370 |
15 Apr 24 | Matthew Rizik | Class A common stock | Buy | Acquire P | No | No | 12.21 | 358 | 4.37 k | 695,995 |
12 Apr 24 | Matthew Rizik | Class A common stock | Buy | Acquire P | No | No | 12.2 | 353 | 4.31 k | 695,637 |
11 Apr 24 | Matthew Rizik | Class A common stock | Buy | Acquire P | No | No | 12.28 | 158 | 1.94 k | 695,284 |
10 Apr 24 | Matthew Rizik | Class A common stock | Buy | Acquire P | No | No | 12.6 | 310 | 3.91 k | 695,126 |
9 Apr 24 | Matthew Rizik | Class A common stock | Buy | Acquire P | No | No | 13.83 | 133 | 1.84 k | 694,816 |
News
Insiders Buying Rocket Companies And 2 Other Stocks
18 Apr 24
Why Ascent Solar Technologies Shares Are Trading Lower By Around 50%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
10 Apr 24
What's Going On With Rocket Companies Stock After Hot Inflation Data?
10 Apr 24
'Transforming The Home Buying Process': Rocket Mortgage Unveils AI-Based Rocket Logic Platform
9 Apr 24
Rocket Companies Introduces Rocket Logic AI Platform
9 Apr 24