Last 7 days
6.5%
Last 30 days
25.0%
Last 90 days
2.3%
Trailing 12 Months
23.7%
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.8B | 3.7B | 3.6B | 0 |
2022 | 11.0B | 9.8B | 8.0B | 5.8B |
2021 | 18.9B | 16.5B | 15.0B | 12.9B |
2020 | 5.9B | 10.0B | 12.9B | 15.7B |
2019 | 4.4B | 4.7B | 4.9B | 5.1B |
2018 | 0 | 0 | 0 | 4.2B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Oct 31, 2023 | brown brian nicholas | sold (taxes) | -285,912 | 7.39 | -38,689 | chief fin. officer & treasurer |
Oct 17, 2023 | rizik matthew | acquired | - | - | 58,524 | - |
Aug 24, 2023 | mariner jonathan d | sold | -129,000 | 10.32 | -12,500 | - |
Aug 05, 2023 | john tina v. | sold (taxes) | -12,264 | 11.18 | -1,097 | general counsel & secretary |
Aug 05, 2023 | brown brian nicholas | sold (taxes) | -124,657 | 11.18 | -11,150 | chief fin. officer & treasurer |
Jun 13, 2023 | mariner jonathan d | acquired | 214,999 | 9.27 | 23,193 | - |
Jun 13, 2023 | shank suzanne f. | acquired | 214,999 | 9.27 | 23,193 | - |
Jun 13, 2023 | tellem nancy | acquired | 214,999 | 9.27 | 23,193 | - |
Mar 07, 2023 | brown brian nicholas | sold (taxes) | -199,849 | 8.23 | -24,283 | chief fin. officer & treasurer |
Mar 07, 2023 | farner jay | sold (taxes) | -799,339 | 8.23 | -97,125 | chief executive officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Dec 06, 2023 | CITIGROUP INC | reduced | -27.47 | -29,995 | 58,781 | -% |
Nov 24, 2023 | DEUTSCHE BANK AG\ | reduced | -49.25 | -44,758 | 38,642 | -% |
Nov 21, 2023 | Walleye Capital LLC | reduced | -59.69 | -244,898 | 142,586 | -% |
Nov 21, 2023 | Walleye Trading LLC | new | - | 78,683 | 78,683 | -% |
Nov 21, 2023 | COMERICA BANK | new | - | 70,863 | 70,863 | -% |
Nov 15, 2023 | Westside Investment Management, Inc. | reduced | -7.06 | -2,210 | 12,270 | -% |
Nov 15, 2023 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | reduced | -37.77 | -102,557 | 134,937 | -% |
Nov 15, 2023 | JANE STREET GROUP, LLC | reduced | -69.05 | -1,831,920 | 721,369 | -% |
Nov 15, 2023 | WOLVERINE TRADING, LLC | reduced | -26.62 | -190,511 | 378,922 | -% |
Nov 15, 2023 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | reduced | -9.97 | -90,000 | 417,000 | -% |
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 | |
---|---|---|---|
Nov 30, 2023 | 8-K | Current Report | |
Nov 27, 2023 | 8-K | Current Report | |
Nov 09, 2023 | 10-Q | Quarterly Report | |
Nov 02, 2023 | 8-K | Current Report | |
Nov 01, 2023 | 4 | Insider Trading | |
Oct 18, 2023 | 4 | Insider Trading | |
Sep 12, 2023 | 8-K | Current Report | |
Sep 08, 2023 | 4 | Insider Trading | |
Sep 08, 2023 | 3 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
GS | 114.6B | 69.0B | 8.09% | -1.32% | 14.63 | 1.66 | 111.13% | -43.52% |
CME | 75.9B | 6.0B | -0.46% | 23.32% | 25.49 | 12.73 | 48.81% | 1.84% |
ICE | 64.8B | 9.6B | 3.82% | 8.52% | 26.79 | 6.74 | 0.28% | -5.02% |
COIN | 34.4B | 2.8B | 66.02% | 242.51% | -46.77 | 12.36 | -45.02% | 40.09% |
FDS | 16.9B | 2.1B | -0.41% | -1.64% | 36.05 | 8.09 | 13.10% | 17.95% |
MID-CAP | ||||||||
IBKR | 8.6B | 5.8B | 3.54% | 8.99% | 3.56 | 1.49 | 163.87% | 90.31% |
JEF | 7.8B | 7.3B | 7.55% | 3.02% | 23.32 | 1.07 | 0.06% | -65.84% |
HLI | 7.3B | 1.8B | 10.77% | 21.04% | 28.93 | 4.07 | -21.34% | -32.20% |
EVR | 5.9B | 2.5B | 11.89% | 41.92% | 18.89 | 2.38 | -18.73% | -50.44% |
FRHC | 4.8B | 1.2B | -2.88% | 29.85% | 15.88 | 4.01 | 91.59% | 442.92% |
SMALL-CAP | ||||||||
DFIN | 1.8B | 788.4M | 11.73% | 63.14% | 21.26 | 2.22 | -12.27% | -29.61% |
CLSK | 1.4B | 142.1M | 163.78% | 390.05% | -13.1 | 9.59 | 12.51% | -410.05% |
AMRK | 689.6M | 9.9B | 20.32% | -16.00% | 5.3 | 0.07 | 22.69% | -14.30% |
AAMC | 19.1M | - | 82.68% | -41.87% | -0.78 | 3.37 | -2.71% | -20.71% |
COHN | 12.7M | 61.0M | -6.67% | -13.41% | -2.02 | 0.21 | -12.76% | 89.50% |
Income Statement (Quarterly) | (In Thousands) | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -2.7% | 1,203 | 1,236 | 666 | 481 | 1,295 | 1,392 | 2,671 | 2,593 | 3,115 | 2,668 | 4,539 | 4,699 | 4,616 | 5,036 | 1,366 | 1,928 | 1,620 | 937 | 632 | - |
Costs and Expenses | -1.1% | 1,086 | 1,098 | 1,082 | 986 | 1,188 | 1,314 | 1,608 | 1,737 | 1,689 | 1,607 | 1,696 | 1,767 | 1,559 | 1,550 | 1,266 | 1,123 | 1,121 | 992 | - | - |
S&GA Expenses | -0.5% | 199 | 200 | 195 | 196 | 204 | 230 | 276 | 316 | 313 | 263 | 291 | 289 | 281 | 289 | 194 | 194 | 159 | 165 | - | - |
EBITDA Margin | 100.0% | - | 0.00* | 0.00* | 0.01* | 0.01* | 0.01* | 0.02* | 0.02* | 0.02* | 0.03* | 0.03* | 0.03* | 0.03* | 0.02* | 0.01* | 0.01* | 0.00* | 0.00* | -0.01* | 0.01* |
Interest Expenses | -100.0% | - | 37.00 | 38.00 | 49.00 | 50.00 | 36.00 | 49.00 | 62.00 | 57.00 | 22.00 | 27.00 | 15.00 | 11.00 | 24.00 | 35.00 | 34.00 | 29.00 | 29.00 | - | - |
Income Taxes | 442.7% | 3.00 | -0.78 | -4.50 | -12.76 | 10.00 | 19.00 | 26.00 | -9.97 | 33.00 | 24.00 | 66.00 | 48.00 | 62.00 | 21.00 | 1.00 | 3.00 | 5.00 | -0.28 | - | - |
Earnings Before Taxes | -15.0% | 118 | 138 | -415 | -505 | 106 | 79.00 | 1,062 | 855 | 1,426 | 1,061 | 2,843 | 2,889 | 3,057 | 3,486 | 100 | 757 | 500 | -52.88 | -299 | - |
EBT Margin | 100.0% | - | -0.01* | -0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.02* | 0.02* | 0.03* | 0.03* | 0.03* | 0.03* | 0.02* | 0.01* | 0.01* | 0.00* | -0.01* | -0.01* | 0.01* |
Net Income | -16.6% | 6.00 | 7.00 | -411 | -509 | 7.00 | 3.00 | 1,037 | -1,766 | 75.00 | 1,037 | 2,777 | 140 | 58.00 | 3,464 | 99.00 | - | - | - | - | - |
Net Income Margin | 100.0% | - | 0.00* | 0.00* | 0.00* | 0.01* | 0.00* | 0.01* | 0.00* | 0.01* | 0.01* | 0.02* | 0.01* | 0.01* | 0.02* | 0.00* | - | - | - | - | - |
Free Cashflow | 100.0% | - | -302 | -1,349 | 1,213 | 2,995 | -2,223 | 8,746 | 4,387 | 749 | -3,746 | 6,237 | 1,951 | -1,775 | -2,321 | 363 | -1,088 | -3,060 | -1,439 | 342 | 342 |
Balance Sheet | (In Millions) | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 |
Assets | -1.0% | 20,649 | 20,856 | 21,202 | 20,082 | 22,601 | 25,077 | 25,248 | 32,775 | 35,809 | 35,619 | 34,732 | 37,535 | 37,753 | 28,856 | 24,490 | 20,123 |
Cash Equivalents | 12.4% | 992 | 883 | 893 | 722 | 826 | 915 | 2,311 | 2,212 | 2,234 | 1,975 | 2,865 | 1,971 | 3,485 | 1,774 | 2,296 | 1,456 |
Net PPE | -2.6% | 256 | 263 | 267 | 274 | 274 | 271 | 260 | 254 | 254 | 243 | 232 | 211 | 208 | 192 | - | 176 |
Liabilities | -2.8% | 12,142 | 12,491 | 13,093 | 11,607 | 13,689 | 16,305 | 16,547 | 23,015 | 26,623 | 27,434 | 26,426 | 29,652 | 31,392 | 23,320 | 19,964 | 16,607 |
Shareholder's Equity | 1.7% | 8,506 | 8,365 | 8,109 | 8,476 | 8,911 | 8,772 | 8,701 | 9,760 | 9,186 | 8,186 | 8,306 | 7,882 | 6,361 | 5,553 | 3,664 | 3,516 |
Retained Earnings | 2.2% | 295 | 289 | 281 | 300 | 316 | 309 | 306 | 378 | 337 | 261 | 185 | 207 | 58.00 | - | - | - |
Additional Paid-In Capital | 4.9% | 317 | 302 | 295 | 276 | 242 | 226 | 241 | 288 | 368 | 364 | 370 | 283 | 273 | - | - | - |
Accumulated Depreciation | 4.1% | 521 | 500 | 487 | 463 | 616 | 600 | 582 | 567 | 550 | 531 | 512 | 498 | 473 | 459 | - | 429 |
Shares Outstanding | -100.0% | - | 127 | 125 | - | 119 | 119 | 123 | - | 138 | 136 | 116 | - | 106 | - | - | - |
Minority Interest | 1.5% | 7,895 | 7,774 | 7,534 | 7,899 | 8,353 | 8,238 | 8,154 | 9,094 | 8,481 | 7,560 | 7,750 | 7,392 | 6,030 | 3.00 | - | 5.00 |
Cashflow (Quarterly) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 214.7% | 328,379,000 | -286,245,000 | -1,325,693,000 | 1,218,611,000 | 3,019,550,000 | -2,186,966,000 | 8,772,300,000 | 4,406,749,000 | 779,488,000 | -3,715,823,000 | 6,273,514,000 | 1,984,250,000 | -1,750,550,000 | -2,292,662,000 | 381,592,000 | -1,076,854,000 | -3,041,172,000 | - | - | - |
Share Based Compensation | -17.0% | 42,092,000 | 50,696,000 | 51,960,000 | 47,621,000 | 56,346,000 | 56,441,000 | 55,593,000 | 39,839,000 | 40,871,000 | 40,930,000 | 42,072,000 | 42,622,000 | 33,253,000 | 31,254,000 | 29,058,000 | 14,280,000 | 8,458,000 | - | - | - |
Cashflow From Investing | -83.3% | 97,221,000 | 583,111,000 | 58,629,000 | 196,573,000 | -26,353,000 | 189,792,000 | 218,730,000 | -1,172,007,000 | 512,109,000 | 33,937,000 | -38,891,000 | 206,151,000 | 110,169,000 | -9,759,000 | 210,642,000 | 125,535,000 | -24,892,000 | - | - | - |
Cashflow From Financing | -4.5% | -351,628,000 | -336,611,000 | 1,435,648,000 | -1,517,861,000 | -3,084,647,000 | 594,250,000 | -8,815,528,000 | -3,402,869,000 | -963,408,000 | 2,793,290,000 | -5,348,480,000 | -3,708,301,000 | 3,358,565,000 | 1,792,631,000 | 314,765,000 | 1,522,678,000 | 3,254,675,000 | - | - | - |
Buy Backs | - | - | - | - | 11,700,000 | 20,558,000 | 45,280,000 | 100,162,000 | 187,699,000 | 35,572,000 | 8,313,000 | - | - | 2,023,425,000 | - | - | - | - | - | - | - |
Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |
Gain on sale of loans | ||||
Gain on sale of loans excluding fair value of MSRs, net | $ 241,496 | $ 139,733 | $ 786,128 | $ 1,174,268 |
Fair value of originated MSRs | 330,627 | 426,278 | 850,027 | 1,682,366 |
Gain on sale of loans, net | 572,123 | 566,011 | 1,636,155 | 2,856,634 |
Loan servicing income | ||||
Servicing fee income | 344,061 | 364,211 | 1,054,037 | 1,088,004 |
Change in fair value of MSRs | 12,765 | 150,304 | (343,137) | 592,162 |
Loan servicing income, net | 356,826 | 514,515 | 710,900 | 1,680,166 |
Interest income | ||||
Interest income | 93,868 | 95,753 | 241,369 | 265,490 |
Interest expense on funding facilities | (55,924) | (46,173) | (129,056) | (130,576) |
Interest income, net | 37,944 | 49,580 | 112,313 | 134,914 |
Other income | 236,275 | 164,580 | 646,095 | 685,987 |
Total revenue, net | 1,203,168 | 1,294,686 | 3,105,463 | 5,357,701 |
Expenses | ||||
Salaries, commissions and team member benefits | 589,584 | 670,804 | 1,772,498 | 2,278,844 |
General and administrative expenses | 199,399 | 204,290 | 595,214 | 709,853 |
Marketing and advertising expenses | 193,406 | 210,701 | 593,853 | 770,281 |
Depreciation and amortization | 27,636 | 24,211 | 83,678 | 70,033 |
Interest and amortization expense on non-funding debt | 38,354 | 38,317 | 115,021 | 115,263 |
Other expenses | 37,164 | 40,008 | 105,191 | 166,098 |
Total expenses | 1,085,543 | 1,188,331 | 3,265,455 | 4,110,372 |
Income (loss) before income taxes | 117,625 | 106,355 | (159,992) | 1,247,329 |
(Provision for) benefit from income taxes | (2,680) | (10,131) | 2,606 | (54,741) |
Net income (loss) | 114,945 | 96,224 | (157,386) | 1,192,588 |
Net (income) loss attributable to non-controlling interest | (108,739) | (89,314) | 152,507 | (1,128,551) |
Net income (loss) attributable to Rocket Companies | $ 6,206 | $ 6,910 | $ (4,879) | $ 64,037 |
Earnings (loss) per share of Class A common stock | ||||
Basic (in dollars per share) | $ 0.05 | $ 0.06 | $ (0.04) | $ 0.53 |
Diluted (in dollars per share) | $ 0.04 | $ 0.04 | $ (0.06) | $ 0.47 |
Weighted average shares outstanding | ||||
Basic (in shares) | 129,390,501 | 119,020,520 | 126,971,718 | 120,156,494 |
Diluted (in shares) | 1,983,992,350 | 1,970,665,767 | 1,979,203,982 | 1,972,263,268 |
Comprehensive income (loss) | ||||
Net income (loss) | $ 114,945 | $ 96,224 | $ (157,386) | $ 1,192,588 |
Cumulative translation adjustment | 164 | (990) | 12 | (1,081) |
Unrealized gain on investment securities | 0 | 2,270 | 0 | 516 |
Comprehensive income (loss) | 115,109 | 97,504 | (157,374) | 1,192,023 |
Comprehensive (income) loss attributable to non-controlling interest | (108,893) | (90,513) | 152,496 | (1,128,016) |
Comprehensive income (loss) attributable to Rocket Companies | $ 6,216 | $ 6,991 | $ (4,878) | $ 64,007 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 957,254 | $ 722,293 |
Restricted cash | 34,668 | 66,806 |
Mortgage loans held for sale, at fair value | 8,012,552 | 7,343,475 |
Mortgage servicing rights (“MSRs”), at fair value | 6,678,165 | 6,946,940 |
Notes receivable and due from affiliates | 10,759 | 10,796 |
Property and equipment, net of accumulated depreciation and amortization of $521,167 and $463,262, respectively | 256,411 | 274,192 |
Deferred tax asset, net | 531,509 | 537,963 |
Lease right of use assets | 355,412 | 366,189 |
Loans subject to repurchase right from Ginnie Mae | 1,381,127 | 1,642,392 |
Goodwill and intangible assets, net | 1,242,218 | 1,258,928 |
Other assets | 927,535 | 799,159 |
Total assets | 20,648,739 | 20,082,212 |
Liabilities | ||
Funding facilities | 4,670,403 | 3,548,699 |
Other financing facilities and debt | ||
Senior Notes, net | 4,032,078 | 4,027,970 |
Early buy out facility | 256,749 | 672,882 |
Accounts payable | 199,917 | 116,331 |
Lease liabilities | 408,009 | 422,769 |
Forward commitments, at fair value | 16,287 | 25,117 |
Investor reserves | 95,567 | 110,147 |
Tax receivable agreement liability | 577,996 | 613,693 |
Loans subject to repurchase right from Ginnie Mae | 1,381,127 | 1,642,392 |
Total liabilities | 12,142,366 | 11,606,663 |
Equity | ||
Additional paid-in capital | 317,004 | 276,221 |
Retained earnings | 294,770 | 300,394 |
Accumulated other comprehensive income | 68 | 69 |
Non-controlling interest | 7,894,511 | 7,898,845 |
Total equity | 8,506,373 | 8,475,549 |
Total liabilities and equity | 20,648,739 | 20,082,212 |
Related Party | ||
Other financing facilities and debt | ||
Other liabilities | 30,749 | 33,463 |
Nonrelated Party | ||
Other financing facilities and debt | ||
Other liabilities | 473,484 | 393,200 |
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 | 92,568 | 90,635 |
Forward commitments | ||
Assets | ||
Derivatives, at fair value | $ 168,561 | $ 22,444 |
WEBSITE | www.rocketcompanies.com |
---|---|
EMPLOYEES | 18500 |