About Rocket Companies, Inc. Class A Common Stock (RKT)
Rocket Companies Inc is a consumer-focused technology company that specializes in the mortgage and real estate sectors. It is best known for its primary subsidiary, Quicken Loans, which offers a streamlined online platform for mortgage origination and refinancing, making it easier for customers to navigate the home loan process. The company leverages its innovative technology and data analytics to deliver personalized mortgage solutions, along with tools and resources for home buyers and homeowners looking to manage their financial endeavors. In addition to mortgage services, Rocket Companies also provides a range of related services, including real estate transactions, connecting clients with real estate professionals, and facilitating the buying and selling process. Read More
Shares of Rocket Companies are surging in Friday morning trading. The fintech giant reported second-quarter financial results that surpassed Wall Street expectations.
Fintech mortgage provider Rocket Companies (NYSE:RKT) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 4.6% year on year to $1.36 billion. On top of that, next quarter’s revenue guidance ($1.68 billion at the midpoint) was surprisingly good and 6.9% above what analysts were expecting. Its non-GAAP profit of $0.04 per share was $0.01 above analysts’ consensus estimates.
Redfin, the technology-powered real estate brokerage and part of Rocket Companies (NYSE: RKT), has partnered with CubiCasa to give homebuyers a richer home search experience. Starting today, Redfin will highlight CubiCasa-generated floor plans and CubiCasa Tours™ for any active listing where they’re available, offering buyers valuable insights into a home’s layout.
Shares of fintech mortgage provider Rocket Companies (NYSE:RKT) jumped 3.6% in the morning session after the company reported a notable increase in starter home sales for the month of June, signaling strength among first-time homebuyers. The company announced through its real estate brokerage, Redfin, that sales in this segment rose 3.9% year-over-year, reaching their highest level in two years. This report marked a bright spot in an otherwise sluggish housing market, where sales in other price tiers actually declined. The data indicated ten consecutive months of growth in starter home sales, driven by an influx of first-time homebuyers. This performance suggested a pocket of strength for Rocket Companies, showing resilience in a key demographic despite broader market weakness.
Sales of starter homes rose 3.9% year over year in June to the highest level in two years, a bright spot in an otherwise sluggish housing market where sales fell across other price tiers. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
$51.7 billion worth of homes in the city of Los Angeles—or roughly 11,000 residential properties—were impacted by the wildfires in January, according to a new report from Redfin, the real estate brokerage powered by Rocket. The report analyzes data from the Los Angeles City Council.
The median price of a U.S. home rose 1% to a record $447,035 in June, straining affordability for many Americans. But for international buyers using Russian, Japanese or European currencies, the typical home now costs 5% to 10% less than it did a year ago—thanks to a weaker U.S. dollar. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
The median U.S. asking price is $403,000, up just 2.2% year over year, the smallest increase in nearly two years, according to a new report from Redfin, the real estate brokerage powered by Rocket.
