Added to YB: 2025-06-30
Pitch date: 2025-05-12
RKT [bullish]
Rocket Companies, Inc.
+53.98%
current return
Author Info
No bio for this author
Company Info
Rocket Companies, Inc., provides spanning mortgage, real estate, and personal finance services in the United States and Canada.
Market Cap
$55.6B
Pitch Price
$11.82
Price Target
21.64 (+16%)
Dividend
N/A
EV/EBITDA
63.16
P/E
-122.02
EV/Sales
11.75
Sector
Financial Services
Category
turnaround
Rocket Companies, Inc. - $RKT
RKT: Dominant refi player poised for cyclical upswing w/ 20% of mortgages >6% rate = $2.9T potential vs current $360B market. COOP acquisition offers recapture synergies (~12% pro forma NI vs guided 3.5%) & RDFN deal enhances purchase market penetration. Float increasing 7x to 940M shares enabling index inclusion. PT $21.64 (17.5x 2027E). Risks: rates stay high, bank competition, integration.
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