Rocket Companies, Inc.'s Stock Analysis

Rocket Companies Closes $1.5 Billion Senior Notes Offering

Rocket Companies, Inc. has completed an offering of $900 million in 6.125% senior notes due 2031 and $600 million in 6.500% senior notes due 2034, collectively referred to as the Notes. The company plans to use the proceeds primarily to repay existing senior notes and other debts. The Notes are fully guaranteed by the company's domestic subsidiaries and are issued under an Indenture that includes provisions for redemption and covenants restricting certain corporate actions.

The 2031 Notes will mature on August 1, 2031, and the 2034 Notes will mature on June 15, 2034. Cash interest on the 2031 Notes will be paid semi-annually at a rate of 6.125% starting August 1, 2026, while the 2034 Notes will pay interest at 6.500% beginning December 15, 2026. The Indenture includes covenants that limit asset encumbrances and significant corporate transactions, and it stipulates conditions for repurchase offers in the event of a change of control. The Notes were offered to qualified institutional buyers and non-U.S. investors and are not registered under the Securities Act.

Jun 16, 2026 16:05:32

Rocket Companies Annual Meeting Voting Results Announced

Rocket Companies held its 2026 Annual Meeting of Stockholders on June 10, 2026. During the meeting, stockholders elected three Class III director nominees for a term lasting until the 2029 annual meeting, ratified Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2026, and approved an amendment to increase the number of shares available under the Team Member Stock Purchase Plan.

The detailed voting results for each proposal were disclosed, with the election of directors, the appointment of the accounting firm, and the amendment to the stock purchase plan all receiving approval from the stockholders. Further information regarding the proposals and the voting requirements can be found in the definitive proxy statement filed with the SEC on April 29, 2026.

Jun 10, 2026 17:21:19

Rocket Companies Prices $1.5 Billion Senior Notes Offering

Rocket Companies, Inc. has announced the pricing of its private offering of senior notes, increasing the aggregate principal amount to $1.5 billion. This includes $900 million of 6.125% senior notes due in 2031 and $600 million of 6.500% senior notes due in 2034. The offering is expected to close on June 16, 2026, and the proceeds will be used to repay existing senior notes and other indebtedness.

The company has issued conditional notices for the redemption of its 2.875% senior notes due 2026 and 5.250% senior notes due 2028, with redemptions planned for June 19 and July 9, 2026, respectively. The notes are being offered only to qualified institutional buyers and certain non-U.S. persons, and they have not been registered under the Securities Act. The completion of the offering is contingent upon the closing of the offering itself.

Jun 09, 2026 19:33:00

Rocket Companies Announces $1.2 Billion Senior Notes Offering

Rocket Companies, Inc. is conducting a private offering of $600 million in senior notes due 2031 and another $600 million in senior notes due 2034. The proceeds from this offering are intended to be used to repay existing debt, including Rocket Mortgage, LLC’s 2.875% Senior Notes due 2026. The notes will be guaranteed on a senior unsecured basis by the company's domestic subsidiaries and will not be registered under the Securities Act, limiting their sale to qualified institutional buyers and certain non-U.S. investors.

Additionally, the company completed the acquisition of Mr. Cooper Group Inc. on October 1, 2025, and has included unaudited financial statements for Mr. Cooper in this report. The financial information provides insights into Mr. Cooper's operations as a significant player in mortgage servicing and origination, which may impact the overall financial health and future performance of Rocket Companies.

Jun 09, 2026 08:35:38

Rocket Companies Reports Q1 2026 Financial Results and Metrics

Rocket Companies, Inc. reported its financial results for the first quarter of 2026, generating total revenue of $2.94 billion and adjusted revenue of $2.82 billion, exceeding guidance expectations. The company recorded a GAAP net income of $297 million and an adjusted net income of $422 million, with an adjusted EBITDA of $738 million. The total net rate lock volume reached $49.4 billion, while the closed mortgage loan origination volume was $44.7 billion, indicating strong operational performance despite market challenges.

As of March 31, 2026, Rocket Companies maintained a total liquidity of $9.4 billion, which includes $2.7 billion in cash and cash equivalents. The company has made significant progress in integrating the Mr. Cooper acquisition, with expectations to realize $400 million in expense synergies by the end of 2026. Additionally, the launch of AI prospecting tools is enhancing loan officer productivity and conversion rates, contributing to an increase in home equity and jumbo loans, which more than doubled year-over-year.

May 07, 2026 17:22:13

Rocket Companies Reports First Quarter 2026 Financial Results

Rocket Companies, Inc. reported total revenue of $2.94 billion for the first quarter of 2026, with an adjusted revenue of $2.82 billion, exceeding the company's guidance range. The GAAP net income for the quarter was $297 million, while the adjusted net income stood at $422 million. The company generated $49.4 billion in total net rate lock volume and closed $44.7 billion in mortgage loan origination volume, with a total gain on sale margin of 2.74%. As of March 31, 2026, Rocket Companies had total liquidity of $9.4 billion, which includes $2.7 billion in cash and cash equivalents and $2.3 billion in undrawn lines of credit.

The integration of the Mr. Cooper acquisition is ahead of schedule, with significant milestones achieved, including the migration of more than half of the servicing portfolio to a unified platform. The company has also launched initiatives to enhance its offerings, such as the 'Power Play' initiative for mortgage brokers and AI prospecting tools to improve conversion rates. Additionally, Rocket Companies continues to expand its community initiatives and has committed $500 million over ten years to support housing and economic development efforts. The company expects adjusted revenue for the second quarter of 2026 to be between $2.7 billion and $2.9 billion.

May 07, 2026 17:22:13

Rocket Companies Reports Q4 and Full Year 2025 Financial Results

Rocket Companies, Inc. announced its financial results for the fourth quarter and full year ended December 31, 2025, reporting total revenue of $2.69 billion for Q4 and a GAAP net income of $68 million. The company achieved adjusted revenue of $2.44 billion, surpassing its guidance, and reported an adjusted net income of $316 million. For the full year, Rocket Companies generated total revenue of $6.7 billion, with a GAAP net loss of $234 million, while adjusted revenue reached $6.9 billion, resulting in adjusted net income of $628 million.

The company also highlighted a strategic alliance with Compass International Holdings aimed at expanding housing inventory and improving home buying experiences. Key metrics included a total liquidity position of $10.1 billion as of December 31, 2025, and a purchase market share increase to 5.5% in Q4 2025, up from 3.8% the previous year. Additionally, Rocket Mortgage reported a net client retention rate of 97% for the year, indicating strong customer loyalty.

Feb 26, 2026 17:22:05

Rocket Companies Reports Q4 2025 Financial Results and Updates

Rocket Companies, Inc. announced its financial results for the fourth quarter and full year ended December 31, 2025, reporting total net revenue of $2.69 billion for Q4 with a GAAP net income of $68 million. The adjusted revenue for Q4 was $2.44 billion, exceeding guidance, while the full year net revenue totaled $6.7 billion, resulting in a GAAP net loss of $234 million. The company generated significant mortgage loan origination volumes, with Q4 metrics marking the highest for a fourth quarter in four years.

Additionally, Rocket Companies formed a three-year strategic alliance with Compass International Holdings to enhance housing inventory and improve the home buying experience. The company appointed Brian Brown as President while maintaining his role as CFO. Rocket's liquidity stood at $10.1 billion as of December 31, 2025, and the company reported a 97% client retention rate for Rocket Mortgage, indicating strong customer loyalty. The company also launched fully digital purchase pre-approvals and integrated new AI-powered communication tools for its loan officers.

Feb 26, 2026 17:22:05

Rocket Companies Reports Anticipated Q4 Volume and Margins

Rocket Companies, led by CEO Varun Krishna, announced expectations for its highest fourth quarter net rate lock volume and gain on sale margin since Q4 2021. These preliminary results are set to be detailed in the upcoming fourth quarter and full year 2025 earnings report scheduled for February 26, 2026.

A conference call to discuss the financial results will take place at 4:30 p.m. ET on the same day, with a press release issued prior to the call. Investors can access a live webcast of the event on the Company’s Investor Relations website, where a replay will also be available afterward.

Feb 03, 2026 16:37:14

Rocket Companies Extends Master Repurchase Agreement to 2027

Rocket Mortgage, LLC has entered into an amendment to its Master Repurchase Agreement, extending the expiration date from October 3, 2026, to December 17, 2027. This amendment includes technical changes and was executed with Bank of America, N.A. as the buyer. As of December 19, 2025, the total funding capacity of Rocket Mortgage, LLC stands at $25.9 billion, down from $26.4 billion as of September 30, 2025, and $27.5 billion as of December 31, 2024.

Additionally, Rocket Companies corrected an inadvertent date error in its proxy statement, confirming that the deadline for stockholders to submit proposals for the 2026 annual meeting is January 29, 2026. This correction is in accordance with Rule 14a-8 of the Securities Exchange Act of 1934.

Dec 22, 2025 17:09:17