Rocket Companies (NYSE: RKT)
Rocket Companies Return vs. S&P
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Rocket Companies Company Info
Rocket Cos., Inc. engages in the provision of a suite of services related to homeownership and other personal financial transactions. It operates through the following segments: Direct to Consumer and Partner Network. The Direct to Consumer segment consists of performance marketing and direct engagement through the Rocket Mortgage App. The Partner Network Segment focuses on partnerships with premier consumer-focused organizations, brokers and mortgage professionals who leverage the platform and scale to provide mortgage solutions to clients. The company was founded by Daniel Gilbert in 1985 and is headquartered in Detroit, MI.
News & Analysis
Why Rocket Mortgage Stock Lost 23% in September
Shares of the mortgage originator faded in the face of rising mortgage rates.
Here's Why Rocket Is Struggling in the Current Mortgage Environment
The worst is probably over, but the mortgage origination business won't turn around immediately.
Here's What Rocket Is Doing About the Mortgage Meltdown
The worst is probably over for the industry, but 2023 will be a tough year.
Why Things Could Be Looking Up for Rocket Companies' Stock
The worst appears to be over for the mortgage space.
Here's How Rocket Is Diversifying Its Offerings in a Tough Mortgage Environment
The mortgage market is highly cyclical, but Rocket is working to diversify its offerings
Is Rocket Companies Stock a Buy?
The mortgage lender has been hurt by a rough housing market.
3 Housing Market Trends to Watch For, According to Freddie Mac
Mortgage rates are the highest they've been since 2007 and have ripple effects across the housing market.
Mortgage Rates Are the Highest Since 2008: 3 Companies to Avoid
These three real estate stocks are highly cyclical and have seen business slow down dramatically in 2022.
Valuation
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