AllAnalyst Report
logoMorningstarMay 26, 2022

Rocket Companies, Inc.: Rocket Remains in Strong Competitive Position, but Higher Rates Will Lead to Lower Earnings in 2022

Symbols
RKT
Sector(s)
Financial Services
Rating
Current Price
$11.53
Fair Value
Economic Moat
Stewardship
Summary

Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company’s mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company’s lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket’s origination process to offer loans to

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