Rocket Companies (RKT) Projected to Announce Earnings on Thursday

Rocket Companies (NYSE:RKT) is expected to issue its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect Rocket Companies to announce earnings of $0.1685 per share and revenue of $2.8160 billion for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 4:30 PM ET.

Rocket Companies (NYSE:RKT) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.03. Rocket Companies had a return on equity of 4.30% and a net margin of 2.78%.The company had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same period last year, the business earned $0.04 earnings per share. Rocket Companies’s quarterly revenue was up 167.1% on a year-over-year basis. 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 Trading Down 1.4%

Rocket Companies stock opened at $13.46 on Thursday. The firm has a market cap of $38.08 billion, a PE ratio of 269.18 and a beta of 2.16. Rocket Companies has a 12 month low of $12.17 and a 12 month high of $24.36. The stock’s 50 day simple moving average is $14.08 and its two-hundred day simple moving average is $16.15. The company has a current ratio of 4.37, a quick ratio of 4.37 and a debt-to-equity ratio of 1.13.

Analysts Set New Price Targets

Several research firms recently issued reports on RKT. Morgan Stanley upgraded shares of Rocket Companies from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $18.00 to $19.00 in a research note on Thursday, July 16th. Royal Bank Of Canada restated a “sector perform” rating and set a $20.00 price target on shares of Rocket Companies in a research report on Monday, May 11th. Zacks Research upgraded shares of Rocket Companies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 12th. Weiss Ratings raised shares of Rocket Companies from a “sell (d)” rating to a “hold (c)” rating in a research note on Wednesday, May 13th. Finally, Barclays cut their price target on Rocket Companies from $19.00 to $17.00 and set an “overweight” rating for the company in a research note on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $20.73.

Hedge Funds Weigh In On Rocket Companies

A number of large investors have recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD lifted its holdings in Rocket Companies by 11,636.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 26,189,869 shares of the company’s stock valued at $507,037,000 after purchasing an additional 25,966,725 shares in the last quarter. Morgan Stanley increased its stake in shares of Rocket Companies by 461.2% during the fourth quarter. Morgan Stanley now owns 27,009,279 shares of the company’s stock worth $522,900,000 after purchasing an additional 22,196,782 shares in the last quarter. State Street Corp increased its stake in shares of Rocket Companies by 323.9% during the fourth quarter. State Street Corp now owns 20,688,336 shares of the company’s stock worth $400,526,000 after purchasing an additional 15,807,776 shares in the last quarter. ValueAct Holdings L.P. raised its position in shares of Rocket Companies by 55.1% during the 4th quarter. ValueAct Holdings L.P. now owns 39,380,652 shares of the company’s stock worth $762,409,000 after purchasing an additional 13,985,025 shares during the last quarter. Finally, Durable Capital Partners LP acquired a new position in shares of Rocket Companies during the 3rd quarter worth about $213,010,000. 4.59% of the stock is currently owned by institutional investors and hedge funds.

About Rocket Companies

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.