Last 7 days
1.6%
Last 30 days
-8.7%
Last 90 days
1.3%
Trailing 12 Months
-14.1%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AAPL | 2.8T | 385.1B | 4.49% | 18.85% | 29.56 | 7.24 | -0.24% | -7.47% |
MSFT | 2.5T | 207.6B | 7.79% | 21.82% | 35.69 | 11.87 | 7.81% | -4.74% |
GOOG | 1.6T | 284.6B | 15.17% | 10.50% | 27.07 | 5.57 | 5.28% | -21.40% |
AMZN | 1.2T | 524.9B | 15.37% | 5.66% | 290.64 | 2.38 | 9.87% | -79.95% |
MID-CAP | ||||||||
JBLU | 2.2B | 9.8B | -4.62% | -37.18% | -7.47 | 0.23 | 38.47% | -57.37% |
NYMT | 889.9M | 257.0M | -5.06% | -6.87% | -4.36 | 3.46 | 19.36% | -403.67% |
SMALL-CAP | ||||||||
TLRY | 1.6B | 596.3M | -7.75% | -62.41% | -0.89 | 2.66 | -3.41% | -3791.67% |
PLAY | 1.6B | 2.0B | -9.25% | -16.29% | 11.36 | 0.79 | 50.64% | 26.23% |
MFA | 1.1B | 508.3M | -1.59% | -14.37% | -14.13 | 2.11 | 31.13% | -147.30% |
GPRO | 735.5M | 1.1B | -1.40% | -39.63% | 25.5 | 0.67 | -10.44% | -101.73% |
BYND | 660.8M | 401.7M | -23.93% | -64.02% | -2.03 | 1.64 | -13.79% | -27.19% |
CGC | 413.3M | 478.9M | -34.59% | -82.58% | -0.13 | 0.86 | -31.50% | -634.70% |
NKLA | 362.5M | 60.1M | -31.11% | -91.52% | -0.45 | 6.04 | 695.64% | -10.68% |
INO | 155.0M | - | -23.61% | -70.35% | -0.64 | 15.11 | 478.23% | 26.48% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Revenue | -100.0% | 699 | 1,908 | 3,116 | 4,325 | |
Gross Profit | -24.7% | 4,184 | 5,559 | 6,503 | - | - |
S&GA Expenses | -8.9% | 826 | 906 | 1,026 | 1,135 | 1,168 |
EBITDA | -56.8% | 1,033 | 2,389 | 3,711 | 4,675 | - |
EBITDA Margin | 17.9% | 1.48* | 1.25* | 0.86* | 1.08* | - |
Earnings Before Taxes | -199.3% | -736 | 742 | 2,103 | 3,422 | 4,404 |
EBT Margin | -3.8% | 1.06* | 1.10* | 0.79* | 1.02* | - |
Interest Expenses | -6.5% | 184 | 197 | 205 | 190 | - |
Net Income | -34.2% | 31.00 | 46.00 | 1,151 | 1,220 | 2,197 |
Net Income Margin | -89.0% | 0.07* | 0.60* | 0.04* | 0.06* | - |
Free Cahsflow | -22.8% | 10,730 | 13,904 | 11,658 | 10,134 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Assets | 5.6% | 21,202 | 20,082 | 22,601 | 25,077 | 25,248 |
Cash Equivalents | 32.6% | 958 | 722 | 826 | 915 | 2,311 |
Net PPE | -2.5% | 267 | 274 | 274 | 271 | 260 |
Liabilities | 12.8% | 13,093 | 11,607 | 13,689 | 16,305 | 16,547 |
Shareholder's Equity | -4.3% | 8,109 | 8,476 | 8,911 | 8,772 | 8,701 |
Retained Earnings | -6.5% | 281 | 300 | 316 | 309 | 306 |
Additional Paid-In Capital | 6.7% | 295 | 276 | 242 | 226 | 241 |
Accumulated Depreciation | 2.7% | 616 | 600 | 582 | - | - |
Shares Outstanding | 0.2% | 119 | 119 | 123 | - | - |
Minority Interest | -4.6% | 7,534 | 7,899 | 8,353 | 8,238 | 8,154 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Cashflow From Operations | -93.3% | 726 | 10,823 | 14,012 | 11,772 | 10,243 |
Share Based Compensation | -1.7% | 212 | 216 | 208 | 193 | 177 |
Cashflow From Investing | -27.7% | 419 | 579 | -789 | -251 | -407 |
Cashflow From Financing | 79.9% | -2,572 | -12,823 | -14,708 | -12,587 | -10,388 |
Buy Backs | -56.4% | 78.00 | 178 | 354 | 369 | 332 |
99.3%
91.9%
58.8%
Y-axis is the maximum loss one would have experienced if Rocket Companies was unfortunately bought at previous high price.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-05-23 | BROOKFIELD Corp /ON/ | sold off | -100 | -1,540,660 | - | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | sold off | -100 | -105,000 | - | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | unchanged | - | 215,000 | 949,000 | -% |
2023-05-18 | JPMORGAN CHASE & CO | added | 7.84 | 288,060 | 1,016,060 | -% |
2023-05-17 | Advisory Services Network, LLC | added | 115 | 3,015 | 4,702 | -% |
2023-05-17 | Westside Investment Management, Inc. | unchanged | - | 3,991 | 14,626 | -% |
2023-05-17 | Sunbelt Securities, Inc. | new | - | 299 | 299 | -% |
2023-05-17 | VIRGINIA RETIREMENT SYSTEMS ET AL | new | - | 112,700 | 112,700 | -% |
2023-05-16 | MERCER GLOBAL ADVISORS INC /ADV | reduced | -3.84 | 1,251,000 | 6,366,000 | 0.03% |
2023-05-16 | SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | reduced | -59.52 | -1,157,640 | 1,274,050 | 0.03% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | caledonia (private) investments pty ltd | 8.70% | 10,595,154 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 8.91% | 10,856,327 | SC 13G/A | |
Feb 02, 2023 | invesco ltd. | 5.0% | 6,140,927 | SC 13G/A | |
Feb 15, 2022 | caledonia (private) investments pty ltd | 6.89% | 9,312,452 | SC 13G | |
Feb 14, 2022 | invesco ltd. | 7.6% | 10,298,814 | SC 13G | |
May 10, 2021 | invesco ltd. | 4.1% | 5,615,003 | SC 13G/A | |
Feb 16, 2021 | caledonia (private) investments pty ltd | 8.29% | 9,548,827 | SC 13G | |
Feb 12, 2021 | invesco ltd. | 9.3% | 10,692,985 | SC 13G/A | |
Feb 10, 2021 | blackrock inc. | 4.8% | 5,506,751 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 5.50% | 6,343,101 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
May 10, 2023 | 10-Q | Quarterly Report | |
May 04, 2023 | 8-K | Current Report | |
Apr 26, 2023 | DEFA14A | DEFA14A | |
Apr 26, 2023 | DEF 14A | DEF 14A | |
Apr 26, 2023 | ARS | ARS | |
Mar 13, 2023 | 8-K | Current Report | |
Mar 08, 2023 | 4 | Insider Trading | |
Mar 08, 2023 | 4 | Insider Trading | |
Mar 06, 2023 | 4 | Insider Trading | |
Mar 06, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-07 | Farner Jay | sold (taxes) | -799,339 | 8.23 | -97,125 | chief executive officer |
2023-03-07 | Brown Brian Nicholas | sold (taxes) | -199,849 | 8.23 | -24,283 | chief fin. officer & treasurer |
2023-03-03 | Brown Brian Nicholas | acquired | - | - | 260,417 | chief fin. officer & treasurer |
2023-03-03 | Emerson William C. | acquired | - | - | 694,444 | - |
2023-03-03 | John Tina V. | acquired | - | - | 202,546 | general counsel & secretary |
2023-03-03 | Walters Robert D. Jr. | acquired | - | - | 347,222 | president & chief oper officer |
2022-12-27 | Rizik Matthew | bought | 13,900 | 6.95 | 2,000 | - |
2022-12-23 | Rizik Matthew | bought | 21,170 | 7.3 | 2,900 | - |
2022-12-22 | Rizik Matthew | bought | 21,930 | 7.31 | 3,000 | - |
2022-12-21 | Rizik Matthew | bought | 21,308 | 7.61 | 2,800 | - |
Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
Gain on sale of loans | ||
Gain on sale of loans excluding fair value of MSRs, net | $ 265,003 | $ 687,170 |
Fair value of originated MSRs | 204,560 | 796,616 |
Gain on sale of loans, net | 469,563 | 1,483,786 |
Loan servicing (loss) income | ||
Servicing fee income | 366,385 | 366,214 |
Change in fair value of MSRs | (398,279) | 454,380 |
Loan servicing (loss) income, net | (31,894) | 820,594 |
Interest income | ||
Interest income | 66,744 | 90,540 |
Interest expense on funding facilities | (29,060) | (41,696) |
Interest income, net | 37,684 | 48,844 |
Other income | 190,715 | 317,372 |
Total revenue, net | 666,068 | 2,670,596 |
Expenses | ||
Salaries, commissions and team member benefits | 603,775 | 853,915 |
General and administrative expenses | 195,390 | 275,857 |
Marketing and advertising expenses | 181,604 | 328,058 |
Depreciation and amortization | 30,685 | 21,042 |
Interest and amortization expense on non-funding debt | 38,333 | 38,664 |
Other expenses | 32,268 | 90,603 |
Total expenses | 1,082,055 | 1,608,139 |
(Loss) income before income taxes | (415,987) | 1,062,457 |
Benefit from (provision for) income taxes | 4,504 | (25,849) |
Net (loss) income | (411,483) | 1,036,608 |
Net loss (income) attributable to non-controlling interest | 392,960 | (982,896) |
Net (loss) income attributable to Rocket Companies | $ (18,523) | $ 53,712 |
(Loss) earnings per share of Class A common stock | ||
Basic (in dollars per share) | $ (0.15) | $ 0.44 |
Diluted (in dollars per share) | $ (0.16) | $ 0.40 |
Weighted average shares outstanding | ||
Basic (in shares) | 124,732,722 | 122,691,728 |
Diluted (in shares) | 1,974,629,808 | 1,975,379,132 |
Comprehensive income (loss) | ||
Net (loss) income | $ (411,483) | $ 1,036,608 |
Cumulative translation adjustment | 7 | 588 |
Unrealized loss on investment securities | (1,589) | (1,495) |
Comprehensive (loss) income | (413,065) | 1,035,701 |
Comprehensive loss (income) attributable to non-controlling interest | 394,441 | (982,049) |
Comprehensive (loss) income attributable to Rocket Companies | $ (18,624) | $ 53,652 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 893,383 | $ 722,293 |
Restricted cash | 64,307 | 66,806 |
Mortgage loans held for sale, at fair value | 8,438,714 | 7,343,475 |
Mortgage servicing rights (“MSRs”), at fair value | 6,669,939 | 6,946,940 |
Notes receivable and due from affiliates | 8,073 | 10,796 |
Property and equipment, net of accumulated depreciation and amortization of $486,940 and $463,262, respectively | 267,320 | 274,192 |
Deferred tax asset, net | 541,248 | 537,963 |
Lease right of use assets | 391,897 | 366,189 |
Loans subject to repurchase right from Ginnie Mae | 1,626,587 | 1,642,392 |
Goodwill and intangible assets, net | 1,253,309 | 1,258,928 |
Other assets | 860,289 | 799,159 |
Total assets | 21,202,279 | 20,082,212 |
Liabilities | ||
Funding facilities | 5,236,034 | 3,548,699 |
Other financing facilities and debt | ||
Senior Notes, net | 4,029,339 | 4,027,970 |
Early buy out facility | 423,831 | 672,882 |
Accounts payable | 135,039 | 116,331 |
Lease liabilities | 448,331 | 422,769 |
Forward commitments, at fair value | 87,918 | 25,117 |
Investor reserves | 107,134 | 110,147 |
Notes payable and due to affiliates | 30,451 | 33,463 |
Tax receivable agreement liability | 577,996 | 613,693 |
Loans subject to repurchase right from Ginnie Mae | 1,626,587 | 1,642,392 |
Other liabilities | 390,274 | 393,200 |
Total liabilities | 13,092,934 | 11,606,663 |
Equity | ||
Additional paid-in capital | 294,718 | 276,221 |
Retained earnings | 280,997 | 300,394 |
Accumulated other comprehensive (loss) income | (32) | 69 |
Non-controlling interest | 7,533,642 | 7,898,845 |
Total equity | 8,109,345 | 8,475,549 |
Total liabilities and equity | 21,202,279 | 20,082,212 |
Class A common stock | ||
Equity | ||
Common stock | 1 | 1 |
Class B common stock | ||
Equity | ||
Common stock | 0 | 0 |
Class C common stock | ||
Equity | ||
Common stock | 0 | 0 |
Class D common stock | ||
Equity | ||
Common stock | 19 | 19 |
IRLCs | ||
Assets | ||
Derivatives, at fair value | 182,112 | 90,635 |
Forward commitments | ||
Assets | ||
Derivatives, at fair value | $ 5,101 | $ 22,444 |