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Why Rocket Companies Shares Are Blasting Off After Hours
Tuesday, February 28, 2023 - 5:41pm | 501Rocket Companies Inc (NYSE: RKT) shares are rising in extended trading Tuesday after the company narrowly beat analyst estimates on both the top and bottom line. What Happened: Rocket Companies reported fourth-quarter adjusted revenue of $683 million, which beat consensus estimates...
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Rocket Companies CEO Jay Farner To Step Down After 27 Years With Lender: What's Next?
Monday, February 13, 2023 - 11:41am | 326Rocket Companies Inc (NYSE: RKT) announced Monday that CEO Jay Farner will step down from his position in June after more than 27 years with the company. Rocket's C-Suite Changes: When Farner steps down, Bill Emerson, the vice chairman of Rock Holdings, will become the...
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What's Going On With Rocket Companies Stock After Hours?
Thursday, November 3, 2022 - 5:41pm | 388Rocket Companies Inc (NYSE: RKT) shares are down 6% in Thursday's after-hours session after the company reported mixed third-quarter financial results and issued guidance below analyst expectations. Rocket Companies reported third-quarter revenue of $1.29 billion, which beat...
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Rocket Companies Makes Executive Leadership Changes: What Investors Need To Know
Monday, October 3, 2022 - 11:32am | 485Fintech platform company Rocket Companies Inc. (NYSE: RKT) announced Monday two major leadership changes, including the retirement of CFO Julie Booth. What Happened: Booth, who is also Rocket treasurer, joined the company 19 years ago and has served as CFO since 2005. She will remain...
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Rocket Companies Stock Fails To Launch Following Q2 Revenue, EPS Miss
Thursday, August 4, 2022 - 4:39pm | 440Rocket Companies Inc (NYSE: RKT) announced its second-quarter financial results after the close. Here's a rundown of the results. What Happened: Rocket Companies reported second-quarter revenue of $1.392 billion, which was down from $2.668 billion year-over-year. The revenue number...
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Insiders Have Been Scooping Up Shares Of This Beaten Down 2020 IPO
Sunday, June 26, 2022 - 5:35pm | 538Two members of the Board of Directors of a beaten down mortgage related company have been buying shares of the company. Here’s what investors should know. What Happened: Two Board of Directors members of Rocket Companies (NYSE: RKT) have been actively buying shares of the company over the...
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Rocket Companies Q1 Earnings Takeaways: Revenue And EPS Fall, Refinances And Cash-Out Mortgages See Strength
Tuesday, May 10, 2022 - 4:37pm | 404Rocket Companies Inc (NYSE: RKT) reported first-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Rocket Companies reported revenue of adjusted revenue of $1.9 billion in the first quarter, compared to revenue of $4.04 billion in the same quarter of...
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Rising Mortgage Rates May Impact Lenders Less Than You Think: Rocket Companies CEO Talks Market Strength
Wednesday, April 13, 2022 - 3:12pm | 505The surge in mortgage rates has put pressure on mortgage lenders. Rocket Companies Inc (NYSE: RKT), the largest mortgage originator in the United States, has seen its stock fall more than 30% year-to-date, but that may not be an accurate reflection of the strength of the ...
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Why Rocket Companies Shares Inched Higher After-Hours Today
Wednesday, March 30, 2022 - 10:23pm | 308Rocket Companies Inc (NYSE: RKT) CEO Jay Farner purchased nearly $100,000 worth of shares in the real estate and mortgage firm on Wednesday under Rule 10b5-1 plan. What Happened: Farner purchased 8,900 Rocket shares at an average price of $11.1961, according to a filing made with the U.S....
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What's Going On With Rocket Mortgage Shares Today?
Monday, March 21, 2022 - 2:38pm | 215Rocket Companies Inc (NYSE: RKT) shares are trading lower Monday despite the release of a Form 8-K filing with the U.S. Securities and Exchange Commission showing Rocket Companies CEO Jay Farner entered into a purchase plan to buy company stock. The filing shows that Farner...
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Rocket Companies CEO Highlights Strong Mortgage Business: 'But We're So Much More Than That'
Friday, February 25, 2022 - 10:51am | 432Despite an environment of rising rates, the housing market remains robust, according to Rocket Companies Inc (NYSE: RKT) CEO Jay Farner. "As we started the year ... people wanting to buy a home was at record levels," Farner said Friday on CNBC's "Squawk Box....
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Rocket Companies Q4 Earnings Highlights: Revenue Miss, Record Originations, Special Dividend And More
Thursday, February 24, 2022 - 5:34pm | 419Rocket Companies (NYSE: RKT) reported fourth-quarter and full-year financial results after Thursday's market close. Here are the key highlights for investors. What Happened: Rocket Companies reported adjusted revenue of $2.4 billion in the quarter, which missed a consensus estimate of $2....
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Why Did Rocket Companies Buy Truebill For $1.3B? CEO Jay Farner Explains
Monday, December 20, 2021 - 12:47pm | 441Rocket Companies Inc (NYSE: RKT) announced Monday it will buy the personal finance app Truebill for $1.275 billion in cash. "This allows us to complete this important component of our platform," Rocket Companies CEO Jay Farner said on CNBC's "Squawk On The Street....
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Rocket Companies Q3 Earnings Highlights: Revenue Beat, Record Closed Loan Volume, Solar Update And More
Thursday, November 4, 2021 - 5:35pm | 402Rocket Companies Inc (NYSE: RKT) reported third-quarter financial results after market close Thursday. Here are the highlights from the report. What Happened: Rocket Companies reported adjusted third-quarter revenue of $3.16 billion, beating a street consensus of $2.93 billion. Quarterly earnings...
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Jay Farner And Marc Benioff Talk Rocket Companies-Salesforce Partnership: 'The Mission That We've Been Eyeing'
Friday, October 29, 2021 - 4:25pm | 442Rocket Companies Inc (NYSE: RKT) announced a partnership with Salesforce.com Inc (NYSE: CRM) to make the company's mortgage origination technology available to banks, credit unions and other financial institutions nationwide through the Salesforce Financial Services Cloud. Rocket...