News · Rocket Companies, Inc. (RKT) · Financial Services

Rocket Companies rises after quarterly results show revenue and profit beats

Session of October 30, 2026 · Published October 31, 2026 · 4 min read

What happened

Rocket Companies (RKT) rose 7.4% on October 30, 2026, after reporting third-quarter results that beat estimates because of stronger revenue and earnings. The stock closed at $12.80, having opened 5.5% above the previous close, and trading volume was 1.5 times its 20-day average. The company reported adjusted revenue of $2.57–$2.6 billion and adjusted EBITDA of $748 million for the quarter. GAAP net income amounted to $709 million, and adjusted net income was $419 million. Diluted EPS of $0.15 topped the Zacks consensus of $0.13 and rose from $0.07 a year earlier, according to Benzinga and Seeking Alpha.

Closing price over the last 30 trading sessions. On October 30, 2026, RKT closed at $12.80, up 7.4% on the day and 3.6% higher than 30 sessions earlier.

How big was the move

The 7.4% gain was 2.4 times a typical daily move for the stock and was 8.1 percentage points better than the Financial Services sector median on the day, which fell 0.7%. The S&P 500 fell 1.8% on the day and fell 0.6% over the last five sessions, while Rocket Companies rose 9.1% over the same five-session span. The stock’s beta of 0.57 suggests it tends to move less than the market, and the session’s volume spike indicates company-specific news drove the move. In the past five years the stock had 34 sessions with a gain of at least 7.4%; twenty trading days later the median result was a decline of 2.4%, and 15 of 34 were higher.

Each bar is one day's price change; the outlined bar is October 30, 2026. A typical daily move over the past year was 3.7%, so the latest move equals 2.0 times that. Moves outside the dashed lines (about 7.3%) are unusual.

The technical picture

The stock traded 12.2% above its 20-day moving average and 3.5% above its 50-day moving average, while remaining 12.8% below its 200-day moving average. The 50-day average is below the 200-day average, a sign of a weak longer-term trend. Its Relative Strength Index (14 days) stood at 62, in a neutral range between 30 and 70. The distance from the 52-week high was 47.5% below that high. Over one month the stock rose 6.9%, over three months it fell 6.4%, and over one year it fell 21.2%, which is 31.2 percentage points behind the S&P 500. Volatility was 49% annualized over 60 days, lower than 67% of its own readings over five years.

Closing price over the past year. RKT ends the period 45.4% below its 52-week high, above its 50-day average ($12.37) and below its 200-day average ($14.67).

Fundamentals and valuation

For the four quarters through September 30, 2026, Rocket Companies reported revenue of $11.16 billion, which grew 80.6% from a year earlier. Diluted earnings per share for that period were $0.45. Gross margin was 92.0% versus 92.7% a year earlier, while operating margin widened to 28.9% from 8.4% a year earlier. Free-cash-flow margin was 10.4% and return on invested capital was 2.3%. The balance sheet showed net debt of 5.8 times EBITDA, and share count over one year increased by 35.1%.

Quarterly revenue by period end. The latest quarter brought $3.3B, 83.5% more than the same quarter a year earlier.

On valuation, the stock traded at 28.1 times trailing earnings and 21.8 times expected forward earnings, with a free-cash-flow yield of 3.5%. Its price to trailing earnings was lower than 77% of its own readings over the past five years, where the five-year median was 115.0 times earnings. PromtFinance sector scores show Value 43 (Weak), Growth 31 (Weak), Quality 59 (Neutral), Momentum 13 (Very weak), Revisions 64 (Neutral) and Stability 16 (Very weak). Those mixed scores underline a contrast between recent profit recovery and lingering concerns about longer-term momentum and stability.

Earnings and analyst expectations

The company reported the last quarterly result on October 29, 2026, with diluted EPS of $0.15 against $0.14 expected, 10.8% above estimates. Rocket Companies highlighted adjusted revenue and adjusted EBITDA for the quarter and said it gained market share in both purchase and refinance lending despite higher mortgage rates and softer overall application activity, as reported by Benzinga and Seeking Alpha. The typical two-day reaction after recent reports had been a fall of 0.7%, making the strong positive move this session notable.

Diluted earnings per share by quarter. The latest quarter shows $0.25, against -$0.06 in the same quarter a year earlier.

Analysts’ consensus price target was $15.00, 17.2% above the closing price, based on ratings from 28 analysts; 36% of those ratings were Buy or Strong Buy and the consensus rating was Hold. The company has beaten estimates in consecutive quarters once, and the average surprise over the last four reports was 15.4% above estimates. The next scheduled report is February 25, 2027.

What to watch

October 29, 2026: last reported diluted EPS of $0.15, 10.8% above estimates
February 25, 2027: next scheduled quarterly report
Share count increased by 35.1% over one year
Net debt of 5.8 times EBITDA
Consensus price target $15.00, 17.2% above the closing price

Full RKT analysis: scores, chart and financials →