RKT - Rocket Companies, Inc.

Lowe's cuts guidance, Rocket introduces 1% down program for home buyers

Yahoo Finance reporter Dani Romero discusses Lowe's Q1 earnings which indicate that home owners are remodeling their homes less and breaks down which areas consumers are downsizing in.

Rocket Companies (RKT) Q1 2023 Earnings Call Transcript

At this time, I'd like to welcome everyone to the Rocket Companies, Inc. first-quarter 2023 earnings call. Good afternoon, everyone, and thank you for joining us for Rocket Companies earnings call covering the first-quarter 2023. With us this afternoon are Rocket Companies CEO Jay Farner; our current director and future interim CEO, Bill Emerson; our president and COO, Bob Walters; and our chief financial officer, Brian Brown.

Compared to Estimates, Rocket Companies (RKT) Q1 Earnings: A Look at Key Metrics

The headline numbers for Rocket Companies (RKT) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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Rocket Companies (RKT) Reports Q1 Loss, Misses Revenue Estimates

Rocket Companies (RKT) delivered earnings and revenue surprises of 40% and 11.73%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

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Vivid Seats Inc. (SEAT) Reports Next Week: Wall Street Expects Earnings Growth

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Analysts Estimate Rocket Companies (RKT) to Report a Decline in Earnings: What to Look Out for

Rocket Companies (RKT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Byrna Technologies Inc. (BYRN) Reports Q1 Loss, Lags Revenue Estimates

Byrna Technologies Inc. (BYRN) delivered earnings and revenue surprises of 40% and 28.16%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?

Here's What Rocket Is Doing About the Mortgage Meltdown

The mortgage business is a feast-and-famine affair. The COVID-19 pandemic pushed the Federal Reserve to lower rates, which triggered an enormous refinancing boom. This gave the mortgage industry two fabulous years, in 2020 and 2021.

Rocket Companies (RKT) Q4 2022 Earnings Call Transcript

At this time, I would like to welcome everyone to the Rocket Companies, Inc. fourth quarter and full year 2022 earnings call. Good afternoon, everyone, and thank you for joining us for Rocket Companies earnings call covering the fourth quarter and full year of 2022. With us this afternoon are Rocket Companies CEO, Jay Farner; our current director and future interim CEO, Bill Emerson; our president and COO, Bob Walters; and our chief financial officer, Brian Brown.

Rocket Companies (RKT) Soars 10.8%: Is Further Upside Left in the Stock?

Rocket Companies (RKT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Home prices fall for fourth-straight month in October

The Case-Shiller Home Price Index fell for the fourth consecutive month in October, with the month-over-month index falling 0.5%.

Why Things Could Be Looking Up for Rocket Companies' Stock

Mortgage banking is one of the most out-of-favor industries in the stock market at the moment. The business has always been highly cyclical, and the feasts of 2020 and 2021 are being followed by the famine of 2022, driven by the Fed's aggressive campaign to rein in high inflation. Mortgage rates rose dramatically this year, and mortgage origination volumes are a fraction of what they were a year ago.

Here's How Rocket Is Diversifying Its Offerings in a Tough Mortgage Environment

Mortgage bankers have had a rough year as origination volumes have collapsed in the face of the Federal Reserve's tightening of monetary policy to combat inflation. Rocket (NYSE: RKT) is known primarily as a mortgage originator, but it is building a presence in other financial services, which will help compensate for the cyclicality of the mortgage business. This app is more than a convenience, however; it is a core part of the company's cost advantage.

This Mortgage Company Just Launched a Loyalty Program. Will It Actually Save You Money?

Well, now one mortgage company is trying something similar. Rocket Companies, a Detroit-based FinTech platform consisting of Rocket Mortgage and Rocket Homes, recently released details of its new loyalty program. For example, those who accumulate points under this loyalty program can apply them to closing costs when financing a mortgage through Rocket.

Rocket Companies, Inc. (RKT) Q3 2022 Earnings Call Transcript

At this time, I'd like to welcome everyone to the Rocket Company's third quarter 2022 earnings call. Sharon Ng, vice president of investor relations, you may begin. Good afternoon, everyone, and thank you for joining us for Rocket Company's earnings call covering the third quarter of 2022.

Rocket Companies (RKT) Reports Q3 Loss, Tops Revenue Estimates

Rocket Companies (RKT) delivered earnings and revenue surprises of -300% and 18.53%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

First Advantage (FA) Reports Next Week: What You Should Expect

First Advantage (FA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mortgage rates: It may be 'a little bit easier' to find a home in 2023, economist says

Mortgage Bankers Association Chief Economist & SVP, Research & Industry Technology Mike Fratantoni joins Yahoo Finance Live to discuss mortgage rates hitting a 20-year high and the overall state of the housing sector.

Insiders Have Bought These 3 Stocks in 2022

Insider buys are widely followed by investors and for valid reasons. If an insider buys, it could only mean one thing - they expect shares to move upwards.

Is Rocket Companies Stock a Buy?

Rocket Companies' (NYSE: RKT) stock hit the market in 2020, going public as the U.S.'s largest residential home mortgage lender. Its share price subsequently rocketed as it had a record year for loan originations in 2020. As the housing market appears increasingly bleak, what is the outlook for Rocket Companies as a stock?

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.

Mortgage rates exceed 6% in 14-year high

The latest weekly average mortgage rate hit 6.02%, the highest rate since 2008. 

U.S. home price growth slowed in June: Case-Shiller report

Yahoo Finance Live anchor Dave Briggs breaks down the latest Case-Shiller report, which found that home price growth slowed in the month of June and likely will continue doing so in the months ahead.