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Rocket Companies, Inc. - RKT STOCK NEWS

Welcome to our dedicated news page for Rocket Companies (Ticker: RKT), a resource for investors and traders seeking the latest updates and insights on Rocket Companies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rocket Companies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rocket Companies's position in the market.

Rhea-AI Summary
Agree Realty Corporation (NYSE: ADC) announced the addition of Linglong He to its Board of Directors, effective January 1, 2024. Ms. He, currently the Chief Leadership Advisor at Rocket Central, brings extensive information technology experience from her tenure at Rocket Mortgage, one of the nation's largest mortgage lenders. The Board has confirmed her independence according to NYSE listing standards and the Company's Corporate Governance Guidelines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
management
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Rhea-AI Summary
Rocket Companies, Inc. reported net revenue of $1.203 billion and adjusted revenue of $1.002 billion in Q3'23. GAAP net income was $115 million, or $0.04 per diluted share. Closed loan origination volume was $22.191 billion. Rocket Mortgage gained purchase market share and had a net client retention rate of 97%. The company expects adjusted revenue of $650 million to $800 million in Q4'23.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.54%
Tags
-
Rhea-AI Summary
Sterling Bank and Trust, F.S.B. has announced a partnership with Rocket Mortgage to offer fully digital home loan experiences to Sterling customers. Rocket Mortgage, known for its client service, has earned 21 accolades from J.D. Power for client satisfaction. Through this partnership, Sterling customers will receive dedicated resources and discounts on loan costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.71%
Tags
none
Rhea-AI Summary
Rocket Mortgage announces advancements to its Pathfinder tool, an AI-powered search engine for mortgage professionals. The tool provides one source of truth with over 400,000 pieces of content, helping professionals find answers to complex qualification or loan processing questions. Pathfinder has increased speed and efficiency by 29% and is now testing an AI chat interface for faster client resolutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
AI
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Rhea-AI Summary
Lendesk Technologies has launched its latest innovation, the Lender Spotlight AI Assistant. This AI resource quickly provides mortgage professionals with accurate solutions to complex questions about mortgage policies. It simplifies the process of finding suitable mortgage options for clients, saving brokers time and enabling them to focus on building relationships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
AI
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Rhea-AI Summary
Rocket Companies to release Q3 2023 earnings on November 2, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
Rhea-AI Summary
World-renowned Shirley Ryan AbilityLab and Henry Ford Health partner to bring a state-of-the-art rehabilitation facility and neurofibromatosis research institute to Detroit. The projects will cost $439 million over 10 years, with the Gilbert Family Foundation contributing $375 million in grant funding. The rehabilitation facility will provide inpatient care for stroke, brain injury, and spinal cord injury patients. The Nick Gilbert Neurofibromatosis Research Institute will focus on finding a cure for neurofibromatosis and personalized healthcare.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
partnership
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Rhea-AI Summary
Rocket Companies appoints Varun Krishna as Chief Executive Officer. Q2'23 net revenue of $1.236 billion, exceeding guidance range. Anticipated annualized cost savings of $150-200 million. Rocket Mortgage named #1 in client satisfaction. Total liquidity of $8.6 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.47%
Tags
-
Rhea-AI Summary
Rocket Companies announces retirement of Rocket Mortgage CEO Bob Walters and appointment of Varun Krishna as new CEO effective September 5, 2023. Krishna has over 20 years of experience in fintech and consumer platform strategies. Bill Emerson will become President and COO of Rocket Companies. Walters' retirement praised by Dan Gilbert, Founder and Chairman of Rocket Companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
management
Rhea-AI Summary
Rocket Companies (NYSE: RKT) Earns 21 Accolades from J.D. Power, Named #1 in Mortgage Servicing Client Satisfaction. Rocket Mortgage, America's largest retail mortgage lender, has received 21 total accolades from J.D. Power, including 12 top rankings for mortgage origination, the most of any home lender. The company has been named #1 for client satisfaction in mortgage servicing by J.D. Power for the ninth time, based on client feedback collected by the independent research firm.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
none
Rocket Companies, Inc.

NYSE:RKT

RKT Rankings

RKT Stock Data

1.71B
129.58M
5.85%
72.34%
14.73%
Savings Institutions
Finance and Insurance
Link
United States of America
DETROIT

About RKT

rocket companies is a detroit-based holding company consisting of personal finance and consumer service brands including rocket mortgage, rocket homes, rocket loans, rocket auto, rock central, amrock, core digital media, rock connections, lendesk and edison financial. since 1985, rocket companies has been obsessed with helping its clients achieve the american dream of home ownership and financial freedom. rocket companies offers an industry-leading client experience powered by our simple, fast, and trusted digital solutions. rocket companies has 22,000 team members across the united states. its flagship company, rocket mortgage, has been named to fortune magazine's list of "100 best companies to work for" for 17 consecutive years. for more information, please visit our corporate website, investor relations website, twitter page, and our linkedin page.