Added to YB: 2025-06-30
Pitch date: 2025-05-12
RKT [bullish]
Rocket Companies, Inc.
+33.42%
current return
Author Info
No bio for this author
Company Info
Rocket Companies, Inc., a fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada.
Market Cap
$44.6B
Pitch Price
$11.82
Price Target
21.64 (+37%)
Dividend
N/A
EV/EBITDA
38.28
P/E
621.26
EV/Sales
8.26
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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