Professional
Added to YB: 2025-08-15
Pitch date: 2025-07-30
RKT [bullish]
Rocket Companies, Inc.
+26.85%
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
$14.75
Price Target
N/A
Dividend
N/A
EV/EBITDA
63.16
P/E
-122.02
EV/Sales
11.75
Sector
Financial Services
Category
growth
Third Point New Position: Rocket Companies, Inc.
RKT (new position): Initiating position on transformative acquisition of Mr. Cooper. Rocket has 12% refi share, 4% purchase share with industry-best 20-day closing time (vs 45 avg). Mr. Cooper has 11% servicing share with costs down 50% in 5yrs. Merger combines #1 refi originator with #1 servicer, leveraging 85% recapture rate (3x industry). AI workflow automation further differentiates.
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