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Rocket Companies Extends Repurchase Agreement with Bank

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Rocket Companies Extends Repurchase Agreement with Bank

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The latest announcement is out from Rocket Companies ( (RKT) ).

On September 4, 2025, Rocket Mortgage, LLC, a subsidiary of Rocket Companies, Inc., entered into an Amended and Restated Master Repurchase Agreement with Bank of Montreal, extending the agreement’s expiration to September 3, 2027, and increasing the facility to $1.0 billion. This agreement, along with other financial facilities, raised Rocket Companies’ total funding capacity to $26.4 billion, reflecting a slight increase from $26.2 billion in June 2025, but a decrease from $27.5 billion at the end of 2024.

The most recent analyst rating on (RKT) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Rocket Companies stock, see the RKT Stock Forecast page.

Spark’s Take on RKT Stock

According to Spark, TipRanks’ AI Analyst, RKT is a Neutral.

Rocket Companies’ stock score is primarily influenced by its financial challenges, including declining revenue and high leverage. However, strong technical indicators and positive sentiment from the latest earnings call, driven by strategic acquisitions and AI innovations, provide a counterbalance. The valuation remains a concern due to negative profitability metrics.

To see Spark’s full report on RKT stock, click here.

More about Rocket Companies

Rocket Companies operates in the financial services industry, primarily focusing on mortgage lending through its subsidiary Rocket Mortgage, LLC. The company is known for its digital mortgage solutions and aims to simplify the home loan process for consumers.

Average Trading Volume: 19,602,873

Technical Sentiment Signal: Buy

Current Market Cap: $43.1B

Find detailed analytics on RKT stock on TipRanks’ Stock Analysis page.

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