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Rocket Companies (NYSE:RKT – Get Rating) had its price objective lifted by Citigroup from $8.00 to $9.00 in a research report sent to investors on Friday, The Fly reports. RKT has been the topic of a number of other research reports. Barclays boosted their price objective on Rocket Companies from $4.50 to $6.00 in a […]
Rocket Companies Inc. recorded a net loss of $411 million on net revenue of $666 million in the first quarter of 2023.
RKT earnings call for the period ending March 31, 2023.
Operator: Good afternoon. My name is David, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Rocket Companies, Inc. First Quarter 2023 Earnings Call.
CEO Jay Farner says purchase pipeline has been growing, but constrained housing inventory and affordability present ongoing challenges.