RKT
Rocket Companies, Inc.18.22
+0.02+0.11%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
51.31BP/E (TTM)
-Basic EPS (TTM)
-0.03Dividend Yield
0%Recent Filings
8-K
10-Q
8-K
Rocket tops Q3 guidance, closes Mr. Cooper deal
Rocket Companies reported Q3 2025 adjusted revenue of $1.78 billion, topping guidance, with adjusted net income at $158 million and EBITDA of $349 million, fueled by 20% higher net rate lock volume to $35.8 billion. The company closed its all-stock acquisition of Mr. Cooper on October 1, exchanging each share for 11 Rocket Class A shares and boosting its float to 35%, while Jay Bray joined as Rocket Mortgage CEO. Q4 outlook projects adjusted revenue of $2.1-2.3 billion, incorporating full-quarter Mr. Cooper results. Integration sharpens AI-driven homeownership edge.
8-K
Rocket acquires Mr. Cooper
Rocket Companies sealed its $14.2 billion all-stock acquisition of Mr. Cooper on October 1, 2025, swapping each Mr. Cooper share for 11 Rocket shares and folding in a combined 10 million-home servicing portfolio. This merger bolsters Rocket's origination muscle with Mr. Cooper's servicing scale, while Jay Bray steps in as Rocket Mortgage CEO and board member. Debt maneuvers swapped nearly all of Nationstar's $1.75 billion notes for Rocket-issued equivalents and repurchased $1.11 billion more. Integration risks loom large.
8-K
Extended repurchase facility to $1B
Rocket Companies extended its master repurchase agreement with Bank of Montreal on September 4, 2025, pushing the expiration to September 3, 2027 while boosting the facility from $800 million to $1.0 billion. This tweak, alongside technical updates, lifted total funding capacity to $26.4 billion from $26.2 billion at June 30, 2025. Capacity holds steady versus $27.5 billion at year-end 2024. The move bolsters liquidity for mortgage operations amid steady market conditions.
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