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PGA Tour, Rocket Mortgage Look To Help Fuel Detroit's Recovery
Tuesday, September 28, 2021 - 4:12pm | 322The PGA Tour and Rocket Mortgage by Rocket Companies Inc (NYSE: RKT) have extended the title sponsorship for the Rocket Mortgage Classic through 2027. What Happened: The Rocket Mortgage Classic made history in 2019 as the first-ever PGA Tour event held in the city of Detroit. The...
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Why Rocket Companies Is A Fintech And E-Commerce Company, According To CEO Jay Farner
Monday, August 16, 2021 - 12:58pm | 448Rocket Companies Inc (NYSE: RKT) expects to double its purchase volume this year as a result of the ecosystem it built with Rocket Homes, CEO Jay Farner said Monday on CNBC's "TechCheck." Rocket Homes has been a huge growth engine for the company, Farner said. The...
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Rocket Companies Shares Rise On Q2 Earnings: What Investors Should Know
Thursday, August 12, 2021 - 4:48pm | 409Rocket Companies Inc (NYSE: RKT) shares are up after reporting its second-quarter financial results. Here are the key takeaways from the report. What Happened: Rocket Companies reported second-quarter revenue of $2.79 billion, missing the Street estimate of $2.9 billion. Adjusted net income...
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Rocket Companies CEO Downplays Rising Interest Rates
Thursday, March 11, 2021 - 11:30am | 383Rocket Companies (NYSE: RKT) has been one of the most talked-about stocks in March and CEO Jay Farner appeared Thursday morning on Fox Business Network's "Varney & Co." What Happened: Farner discussed his thoughts on the 2020 performance of Rocket Companies, the parent company of...
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Rocket Companies CEO Jay Farner Talks Long-Term Goals After Q4 Beat
Friday, February 26, 2021 - 10:56am | 212Rocket Companies, Inc. (NYSE: RKT) CEO Jay Farner discussed the Detroit-based company's long-term plans on CNBC's "Squawk On The Street" Friday. The mortgage company's stock is rallying following a fourth-quarter earnings beat on Thursday. Farner, after being asked...
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Rocket Companies CEO: 'This Is Not A Stock You Want To Be Short'
Friday, January 29, 2021 - 1:46pm | 362Shares of Detroit-based online mortgage and financial services company Rocket Companies Inc (NYSE: RKT) were trading higher by more than 10% Friday morning on no news. Following the gain, CEO Jay Farner had a word of caution for short sellers: be careful. What Happened: Rocket Companies, fresh...
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Rocket Mortgage Super Bowl Squares Sweepstakes Are Back And Bigger Than Ever
Thursday, January 7, 2021 - 12:30pm | 473In light of Super Bowl LV, Rocket Companies Inc (NYSE: RKT) is bringing back the Rocket Mortgage Super Bowl Squares Sweepstakes. During its second iteration, Super Bowl Squares participants will tune Feb. 7 on CBS, to have a shot at winning $50,000 after every scoring play. Additionally,...
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Fintech Focus Roundup For November 14, 2020
Saturday, November 14, 2020 - 10:52am | 2780Meet Sharesies, The Investment App For Millennials The Nitty-Gritty: Founded in 2016, Sharesies is a fintech specializing in democratized stock market investing. The company is one of many other brokers that have popped up around the world, helping unlock low-cost access to listed companies and...
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Jim Cramer, Rocket CEO Jay Farner Talk Record Quarter: Stock Dip 'Frankly Makes No Sense'
Wednesday, November 11, 2020 - 8:35pm | 479Rocket Companies Inc (NYSE: RKT) traded lower in Wednesday's session despite reporting strong third-quarter earnings. Closed origination volume increased 122% year-over-year to a record $89 billion. The parent company of Rocket Mortgage and Quicken Loans reported adjusted revenue of $4.74...
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Rocket Companies CEO Jay Farner To Appear On 'Mad Money' With Jim Cramer
Wednesday, November 11, 2020 - 1:48pm | 247Rocket Companies (NYSE: RKT) CEO Jay Farner will join “Mad Money” on Wednesday night to discuss the company’s earnings. What To Know: The show airs at 6 p.m. ET on CNBC. "Jay will discuss Rocket Companies’ strong Q3 earnings report and the RKT stock performance,"...
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Rocket Mortgage Q3 Earnings Echo Commitment To Innovation, Democratization Of Homeownership
Wednesday, November 11, 2020 - 8:32am | 391Detroit-based Rocket Companies Inc (NYSE: RKT), home to Rocket Mortgage and Quicken Loans, the largest retail mortgage lender, reported a third-quarter earnings beat after Tuesday’s close. What Happened: In its second earnings release since going public, Rocket reported adjusted revenue of $4...
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Rocket Companies Revenue Up 163% In Record Q3
Tuesday, November 10, 2020 - 5:30pm | 325Rocket Companies Inc (NYSE: RKT) reported third-quarter earnings after the close on Tuesday. Q3 Earnings: The parent company of Rocket Mortgage and Quicken Loans reported adjusted revenue of $4.74 billion for the third quarter, which was up 163% year-over-year and beat the $4.55 billion...
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Rocket Pro Insight From Rocket Companies: What You Should Know
Tuesday, October 13, 2020 - 11:30am | 282Detroit-based Rocket Companies continues to expand its mortgage business after going public in 2020. What Happened: Rocket Companies (NYSE: RKT) announced Monday the launch of “Rocket Pro Insight,” a technology platform that provides real-time updates on mortgage status for real estate...
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Rocket Companies First Quarterly Earnings Report Shows Closed Loan Volume Up 126% At $72B
Wednesday, September 2, 2020 - 4:57pm | 551Rocket Companies Inc. (NYSE: RKT) reported Wednesday afternoon its first quarterly earnings since going public at $18 a share in August. What Happened: Rocket Companies reported second-quarter revenue of $5.04 billion, an increase of 437% year over year. This figure was also 268% higher than...
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Dan Gilbert, Jay Farner On Rocket Companies IPO: 'Great Starting Point'
Thursday, August 6, 2020 - 3:13pm | 723Detroit-based Rocket Companies Inc (NYSE: RKT), the parent company of mortgage lender Quicken Loans, made its debut as a public company Thursday. Founder Dan Gilbert and CEO Jay Farner were interviewed on CNBC about the listing and the broader mortgage market. Gilbert On IPO Timing:...