Rocket Companies (RKT) Projected to Announce Quarterly Earnings on Thursday

Rocket Companies (NYSE:RKT) is anticipated to announce its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect Rocket Companies to announce earnings of $0.1642 per share and revenue of $2.8118 billion for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:30 PM ET.

Rocket Companies (NYSE:RKT) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.03. The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.76 billion. Rocket Companies had a return on equity of 4.30% and a net margin of 2.78%.The business’s quarterly revenue was up 167.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.04 EPS. On average, analysts expect Rocket Companies to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Rocket Companies Stock Performance

Rocket Companies stock opened at $14.14 on Wednesday. The company has a market cap of $40.01 billion, a PE ratio of 282.82 and a beta of 2.19. The company has a fifty day moving average price of $14.05 and a two-hundred day moving average price of $15.62. The company has a debt-to-equity ratio of 1.13, a current ratio of 4.37 and a quick ratio of 4.37. Rocket Companies has a 12 month low of $12.17 and a 12 month high of $24.36.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of RKT. ValueAct Holdings L.P. raised its stake in shares of Rocket Companies by 55.1% during the fourth quarter. ValueAct Holdings L.P. now owns 39,380,652 shares of the company’s stock valued at $762,409,000 after purchasing an additional 13,985,025 shares in the last quarter. Morgan Stanley increased its stake in Rocket Companies by 461.2% during the 4th quarter. Morgan Stanley now owns 27,009,279 shares of the company’s stock valued at $522,900,000 after buying an additional 22,196,782 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Rocket Companies by 11,636.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 26,189,869 shares of the company’s stock worth $507,037,000 after buying an additional 25,966,725 shares in the last quarter. State Street Corp raised its position in shares of Rocket Companies by 323.9% during the 4th quarter. State Street Corp now owns 20,688,336 shares of the company’s stock worth $400,526,000 after buying an additional 15,807,776 shares in the last quarter. Finally, Durable Capital Partners LP acquired a new stake in shares of Rocket Companies in the 3rd quarter worth approximately $213,010,000. Institutional investors own 4.59% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Benchmark assumed coverage on shares of Rocket Companies in a research report on Monday, June 29th. They issued a “buy” rating and a $21.00 price target on the stock. Keefe, Bruyette & Woods dropped their price objective on shares of Rocket Companies from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Thursday, June 25th. Barclays cut their target price on shares of Rocket Companies from $19.00 to $17.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. BTIG Research reaffirmed a “neutral” rating on shares of Rocket Companies in a report on Tuesday, June 16th. Finally, Stephens began coverage on Rocket Companies in a research report on Thursday, April 23rd. They set an “overweight” rating and a $22.50 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $20.73.

Rocket Companies Company Profile

Rocket Companies, Inc is a Detroit-based holding company whose businesses are centered on digital mortgage origination and related consumer finance and real estate services. The company grew out of the Quicken Loans franchise and completed an initial public offering in 2020. Founder Dan Gilbert remains a prominent figure associated with the firm, which operates a suite of brands that aim to simplify the home financing and buying experience through technology and scale.

The company’s core activity is mortgage lending through its Rocket Mortgage platform, which offers online application, underwriting and servicing for home purchase and refinance loans.