Rocket Companies Inc. Class A Common Stock (RKT)

FairStock Score: 74/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Rocket Companies as a mortgage finance business, not a bank, and the first lesson is that mortgage lending is cyclical, competitive, and rate-sensitive. At the close on 2026-10-13 the stock was $10.83, near the low end of its 52-week range of $10.78 to $24.36. The market values it at $30.8B, or about 1.30 times book value per FairStock, which is not extravagant if earnings normalize. But the earnings record is erratic: in fiscal 2023 the company lost $16.0M, or $0.15 per diluted share; in fiscal 2024 it earned $29.0M, or $0.21; in fiscal 2025 it lost $68.0M, or $0.05. More recently, fiscal Q1 2026 ended 2026-03-31 produced $297.0M of net income, or $0.10 per diluted share, and fiscal Q2 2026 ended 2026-06-30 produced $230.0M, or $0.08. That is real improvement, but the trailing P/E of -361 reflects the prior losses, and FairStock's TURNAROUND category, a loss in the latest year after earlier profits, fits. Returns are modest: ROE 3.03%, ROCE 2.81%. Leverage is meaningful at D/E 1.41, and the beta of 2.21 warns this is not a sleepy business. The Piotroski F-Score of 1/9 is weak. I cannot assess credit risk properly without CET1, net interest margin, or combined ratio, none of which are in the data. A low price-to-book can be a bargain or a value trap when underwriting and rates drive everything. I would need consistent earnings and a stronger balance-sheet picture before calling this a durable moat.

In plain English: Rocket Companies is a mortgage and personal finance company that helps people get home loans and manage their money. Its profits have bounced between losses and gains, and it relies on borrowed money, so the business looks unsteady even though the last two quarters were profitable. At $10.83, the shares sit near their 52-week low and look more like a recovery bet than a clear bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer