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Rocket Companies, Inc. (RKT)

NYSE - NYSE Delayed price. Currency in USD
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6.71+0.15 (+2.29%)
At close: 04:00PM EDT
6.82 +0.11 (+1.64%)
After hours: 07:39PM EDT

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  • B
    Brenda
    Now is the time to buy RKT and $UWMC! Let's go guys:)
  • U
    UHLINGER
    When I started investing I had no clue what I was doing! Thanks to http://alert-sounds.com/, I was able to build a healthy portfolio with the help of their daily emails!
  • B
    Bud
    Ok here goes the common sense! People will be buying houses they were even buying in the '80s when interests were over 15%. and not too many people have the money to pay all cash so a mortgage is essential and Rocket is the company who will get a fair share of the market.
  • S
    Svirsky
    I cannot wait to open my http://the-alphatrader.com/ email each day! I know it has some of the best stock picks out there. Their watchlists are a HUGE help!
  • H
    Hagenbuch
    Did you guys see this new trading strategy.For more info http://hiddenwealth.tech/
  • D
    DEVECCHIO
    I love starting my day with the daily emails from http://alert-sounds.com/. They equip me with what I need to make wiser investment decisions!
  • N
    Nelson
    Rocket's one business that makes absolutely no sense to me is Rocket Auto. You browse through the inventory and it tells you right there whose inventory it is. (Mostly CarMax). Why not just go directly to CarMax website and skip the extra steps? Either hide who ultimately is the dealer until after you have captured the customer or get into Auto financing. No money to be made by Rocket Auto in its current form.
  • N
    Nelson
    There will be another .75 bps in November, followed by .50 bps in December. Then in 2023, we will have a .25 bps in January and then that will be the end of it for the Fed pending any major inflation figures changing. The Fed will get it to 4.5 % to 4.75% and leave it there. We should only have 1 raise in 2023.
  • N
    Nelson
    Analysts just posted the consensus earnings for Rocket in 2023. The net income expected next year is $1B. Our full year 2022 is expected to be $240M (which is inclusive of a $40M loss expected for Q3).
  • H
    HULSING
    When I started investing I had no clue what I was doing! Thanks to  http://dailygainalerts.tech, I was able to build a healthy portfolio with the help of their daily emails!
  • m
    mcmain
    I am staying far away from RKT- It looks like it is going to drop off a cliff. I actually get way better stocks at www.expertinvestor.club
  • N
    Nelson
    In theory, as mortgage rates rise the cost of a home should fall. So when people say I bought a house last year for 500K at 3.75% interest...why would I buy that same house today for 500K at 6.25% interest. The answer is, that same house should be selling for 375K at 6.25%. The problem with this housing market isn't rising interest rates...it is the over-inflated house prices aren't going down directly. They will eventually though.
  • A
    Anonymous
    Farmer, the CEO is buying a boatload of shares. He owns almost 4 million shares.
  • E
    Elliott
    Housing needs to be more affordable, and that’s exactly what is underway at the moment. As mortgage rates escalate, folks will have to economize and that simply means buy smaller homes or smaller starter homes. As folks recalibrate, supply at all levels of pricing from top on down, will increase. At the cheaper levels, demand will remain strong and likely exceed supply for some time. At all higher levels, as demand declines, supply obviously will increase and that’s how you flip from a sellers market to a buyers market. As supply increases and demand decreases prices will and are coming down. New home starts and home renovations naturally fall off during contractions and recessions, but folks, people continue to age, people continue to die, and people/estates continue to need to sell homes and others need to downsize. Even with a lengthy period of limited new construction, plenty of homes will continue to come on the market. The cycle of buying and selling will never end, and rapidly increasing mortgage rates and declining home prices will lead to great variability in rates as well as creative adjustable and fixed and mixed mortgage products, to inevitably be followed by a cycle of declining rates with high refi’s, etc,, etc. During this endless cycling, one constant will remain true, homes will continue to become available, sold and bought, and a mortgage industry leader that provides great service, innovative products, and has demonstrated that it can be nimble and creative will prosper, thrive and likely grow through acquisition of those competitors who cannot withstand the slower portions of this endless boom/bust cyclic industry. I believe that RKT will further solidify its position as an industry leader through the present fog and I presently consider it a good defensive play, only one of a small handful of companies actually well worth holding at present valuation through the severe economic crisis underway.
  • D
    Danny
    Where did the short sales come from ?
  • L
    Lilienkamp
    Guys, check out www.daytradercompany.tech They have been crushing it lately while RKT barley does anything at all.
  • L
    LENOS
    Do you invest in the stock market? If so you need to join http://the-alphatrader.com/ for their daily emails with must-have watchlists. I don’t know what I would do without them!
  • A
    Anonymous
    Farmer is buying lots of stock every week.
  • L
    Lucky7StockPicks
    Don't for get the interest! Moneys on Rocket!
  • B
    Bishay
    Did you guys see this new trading strategy. For more info http://hiddenwealth.tech