Rocket Companies (RKT) Expected to Release Earnings on Thursday

Rocket Companies (NYSE:RKT) is projected to post 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. Investors may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:30 PM ET.

Rocket Companies (NYSE:RKT) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.04 earnings per share. 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 Up 6.2%

Shares of RKT opened at $13.70 on Tuesday. The business’s 50 day moving average is $14.05 and its 200 day moving average is $15.68. The company has a market capitalization of $38.75 billion, a PE ratio of 273.90 and a beta of 2.19. Rocket Companies has a 12-month low of $12.17 and a 12-month high of $24.36. The company has a current ratio of 4.37, a quick ratio of 4.37 and a debt-to-equity ratio of 1.13.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on RKT. Benchmark began coverage on shares of Rocket Companies in a report on Monday, June 29th. They set a “buy” rating and a $21.00 price objective for the company. Wells Fargo & Company lowered their target price on shares of Rocket Companies from $19.00 to $17.00 and set an “equal weight” rating on the stock in a report on Thursday, April 9th. Barclays dropped their target price on shares of Rocket Companies from $19.00 to $17.00 and set an “overweight” rating for the company in a research report on Tuesday, July 7th. Morgan Stanley raised shares of Rocket Companies from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $18.00 to $19.00 in a research note on Thursday, July 16th. Finally, Stephens assumed coverage on shares of Rocket Companies in a report on Thursday, April 23rd. They issued an “overweight” rating and a $22.50 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $20.73.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Sunbelt Securities Inc. acquired a new stake in Rocket Companies in the third quarter worth about $124,000. Caitong International Asset Management Co. Ltd raised its stake in Rocket Companies by 408.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 3,990 shares of the company’s stock worth $77,000 after acquiring an additional 3,206 shares during the last quarter. Wexford Capital LP acquired a new stake in Rocket Companies during the 3rd quarter worth about $131,000. Morse Asset Management Inc purchased a new stake in Rocket Companies during the 3rd quarter valued at about $148,000. Finally, Larson Financial Group LLC increased its holdings in shares of Rocket Companies by 856.9% in the third quarter. Larson Financial Group LLC now owns 3,904 shares of the company’s stock valued at $76,000 after purchasing an additional 3,496 shares during the period. 4.59% of the stock is owned by hedge funds and other institutional investors.

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.