Rocket Companies
Open
$13.10
Prev. Close
$13.10
High
$13.11
Low
$13.05
Market Snapshot
$36.85B
154.0
0.21
$5.1B
Rocket Cos., Inc. engages in the provision of a suite of services related to homeownership and other personal financial transactions. The company is headquartered in Detroit, Michigan and currently employs 23,500 full-time employees. The company went IPO on 2020-08-06. Its suite of products empowers its clients across home search, mortgage finance and servicing, title and closing, financial wellness and personal loans. The company operates in two segments: Direct to Consumer and Partner Network. In the Direct to Consumer segment, clients have the ability to interact with Rocket Mortgage digitally and/or with the Company's mortgage bankers. The company markets to potential clients in this segment through various brand campaigns and performance marketing channels. The company provides client service and leverages its brand to strengthen its wholesale relationships, through Rocket Pro, as well as enterprise partnerships, both driving growth in its Partner Network segment. Its enterprise partnerships include financial institutions and consumer-focused companies that value its client experience.
Rocket Companies has increased its debt offering to $1.5 billion to refinance maturing Rocket Mortgage obligations amid ongoing challenges in the housing market.
Rocket Cos., Inc. engages in the provision of a suite of services related to homeownership and other personal financial transactions. The company is headquartered in Detroit, Michigan and currently employs 23,500 full-time employees. The company went IPO on 2020-08-06. Its suite of products empowers its clients across home search, mortgage finance and servicing, title and closing, financial wellness and personal loans. The company operates in two segments: Direct to Consumer and Partner Network. In the Direct to Consumer segment, clients have the ability to interact with Rocket Mortgage digitally and/or with the Company's mortgage bankers. The company markets to potential clients in this segment through various brand campaigns and performance marketing channels. The company provides client service and leverages its brand to strengthen its wholesale relationships, through Rocket Pro, as well as enterprise partnerships, both driving growth in its Partner Network segment. Its enterprise partnerships include financial institutions and consumer-focused companies that value its client experience.
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