Rocket Companies shares fell 4.6% during Monday's trading session. Investors sold off the stock due to concerns over rising mortgage rates ahead of the company's earnings report. The average 30-year fixed mortgage rate recently reached its highest level since August 2025.
Mediolanum International Funds Ltd. cut its stake in the company by 41.9% during the first quarter. JPMorgan recently lowered its price target for the stock. Morgan Stanley upgraded the shares. Nineteen brokerages maintain a consensus rating of Moderate Buy for the mortgage lender.