Keefe, Bruyette & Woods Reiterates Buy Rating for Rocket Companies
Analyst Bose George maintains a buy rating and sets a $20 price target for Rocket Companies, a 29.03% upside from the current price.
Key Points
- Keefe, Bruyette & Woods reiterated its buy rating on Rocket Companies, Inc. (RKT) with a $20 price target on June 25, 2026.
- Keefe, Bruyette & Woods's $20 price target implies 29.03% upside from Rocket Companies, Inc.'s ($RKT) current $15.50 share price.
- Shares of RKT traded near $14.73 on Thursday, with a market cap of $37.74 billion and a forward P/E of 12.52.
- Recent insider transactions include several buys and a sell by insider Matthew Rizik, while analysts maintain varied ratings.
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Keefe, Bruyette & Woods has reiterated its buy rating for Rocket Companies, Inc. (NYSE: RKT), with a price target of $20. The analyst Bose George confirmed this rating on June 25, 2026. This follows a series of consistent ratings from the firm, which previously maintained a buy rating on May 12, 2026.
Keefe, Bruyette & Woods vs. the S&P 500
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Rocket Companies, Inc. Stock Up 12.6%
Shares of Rocket Companies were trading around $14.73 on Thursday. The company has a market capitalization of approximately $37.74 billion. Its forward P/E ratio stands at 12.52, indicating expectations for future earnings growth. The stock's beta is 2.198, suggesting it is more volatile than the market. Over the past year, Rocket's stock has ranged from a low of $12.17 to a high of $24.36. The stock's 50-day moving average is $14.34, while the 200-day moving average is $17.24. Rocket maintains a current ratio of 2.48 and a quick ratio of 0.27, with a debt-to-equity ratio of 136.36.
$RKT price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Rocket Companies reported revenue of $8.91 billion, with a modest revenue growth rate of 1.67%. Despite a negative EPS of -$0.03, the company managed a net margin of 2.68% and a return on equity of 1.73%. The next earnings release is scheduled for July 30, 2026.
Insider Buying and Selling at Rocket Companies, Inc.
Several insiders at Rocket Companies have been active recently. Alastair Rampell, Suzanne Shank, Jonathan Mariner, and Tagar Olson each purchased 16,312 shares on June 10, 2026. Additionally, Matthew Rizik made transactions on June 7, 2026, buying 12,261 shares and selling the same number at an average price of $12.65.
Analysts Set New Price Targets
On June 25, 2026, Keefe, Bruyette & Woods maintained its buy rating for Rocket Companies, setting a price target of $20. RBC Capital reiterated a hold rating with a $20 target on May 11, 2026. Stephens & Co. initiated coverage with a buy rating and a $22.50 target in April 2026. Overall, the consensus among 12 analysts is a buy, with an average target price of $19.64.
About Rocket Companies
Rocket Companies, Inc., headquartered in Detroit, Michigan, operates in the financial services sector, focusing on mortgage finance. The company, led by CEO Varun Krishna, employs around 23,500 people. It engages in mortgage, real estate, and personal finance across the U.S. and Canada. Its services include Rocket Mortgage, a leading mortgage lender, and Rocket Money, a financial wellness app. Rocket Companies was founded in 1985 and was formerly a subsidiary of Rock Holdings Inc.
Bottom Line
Keefe, Bruyette & Woods' reiterated buy rating for Rocket Companies reflects ongoing confidence in the company's prospects. Investors often watch such analyst ratings as they can influence market sentiment. It's important to remember that analyst ratings are just one piece of the puzzle, and individual research is essential. This rating reflects past performance as of the filing date and may not indicate the current situation.
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