Rocket Companies, Inc. entered into a new $2.5 billion unsecured revolving credit facility on July 16, 2026, replacing a prior credit agreement from 2025. The new agreement, described in the company’s Form 8-K under Items 1.01, 1.02 and 2.03, gives Rocket a three-year revolving borrowing capacity maturing on July 16, 2029. The borrower under the new Revolving Credit Agreement is Rocket Companies, Inc., with JPMorgan Chase Bank, N.A. serving as administrative agent. The lenders party to the agreement provided an initial aggregate commitment of $2.5 billion. Rocket said borrowings under the facility will be used for general corporate purposes. The facility is unsecured. Borrowings will bear interest at a rate equal to a base rate, which may include a term SOFR rate, plus an applicable margin. Rocket also must pay a commitment fee on unused commitments, with that fee determined based on the company’s corporate credit rating. The agreement includes customary default provisions, including a change-of-control event, as well as operating restrictions. These covenants limit Rocket and its subsidiaries from taking certain actions, including incurring additional debt, creating liens on certain assets, paying dividends or making other restricted payments, merging or selling substantially all assets, and entering into certain affiliate transactions. Rocket is also subject to financial maintenance covenants under the new credit agreement. These require the company and its subsidiaries to stay within specified net leverage and corporate net debt ratios at the end of each fiscal quarter, and to maintain minimum liquidity and tangible net worth. If Rocket breaches its obligations or an event of default occurs, lenders could terminate the revolving commitments and declare outstanding borrowings and accrued interest immediately due and payable. At the same time, Rocket terminated its prior Revolving Credit Agreement dated April 30, 2025. That earlier agreement involved Rocket Companies, Rocket Mortgage, LLC, guarantors, lenders and JPMorgan Chase Bank, N.A., and had been supplemented by a Guarantor Supplement dated October 1, 2025. Rocket said it incurred no early termination penalties or prepayment premium in connection with ending the 2025 facility. No equity securities, share transactions, insider trades, option exercises or vesting events were reported in this filing. The corporate action concerns Rocket’s refinancing and liquidity structure: the company replaced an existing revolving credit arrangement with a new $2.5 billion unsecured revolver that extends available borrowing capacity through July 2029.
Stock detail
Rocket Companies (RKT) stock price, chart, and key data
View Rocket Companies stock price, chart movement, and headline metrics on Woodstock's stock detail page.

Stock detail
Rocket Companies
RKT · XNYS
+$1.19 (+8.62%) past day
$14.99
Pre-market $13.48 (-10.07%)
Key metrics
Financials
Quarterly revenue, profitability, and balance-sheet snapshot
Day range
$13.40 - $13.80
Close price
$13.44
Market cap
$38.6B
P/E ratio
149.92
About the company
Rocket Companies Inc
Rocket Companies, Inc., is an American fintech and homeownership services company. Founded by Dan Gilbert and based in Downtown Detroit, Michigan, the company is one of the largest mortgage lenders in the United States through its flagship subsidiary Rocket Mortgage. Its subsidiaries include Redfin, Forsalebyowner.com, and Rocket Money.
Analyst rating summary
A current read on analyst sentiment from the insight feed.
Mean target
$19.00
7
Buy
/ 11
Recent calls
07/17/2026
Wells Fargo
Donald Fandetti
Hold · Price target $17.00
07/15/2026
Morgan Stanley
Jeffrey Adelson
Buy · Price target $19.00
07/13/2026
J.P. Morgan
Richard Shane
Hold · Price target $15.50
Ticker holders
Review politician disclosures and insider transactions in tabs.
Holder directory
Select a heading to reorder by name, activity date, buy/sell, or displayed value.
#1Mark R Warner
democrat · Senate · VA
- Buy$1,001 / $8,001 / $15,000
#2Donald J Trump
republican · Executive
Market action
A concise summary of the latest filing, transaction, or market-moving item.
24/5 Trading
Act on the stock when the timing works for you.
With Woodstock, you can move from chart review to order placement in one flow. Trade eligible US stocks 24/5, even outside regular market hours.
*24-hour trading is available except during system maintenance. Some stocks are not eligible for extended-hours trading.
Download the app