Rocket Companies is headquartered in Detroit, Michigan.
Our independent registered public accounting firm is Ernst & Young LLP.
Rocket Companies went public on August 6, 2020.
Rocket Companies is traded on the New York Stock Exchange under the symbol “RKT.”
The company’s fiscal year ends December 31st.
The dividend’s record date is Tuesday, March 9, 2021. Generally speaking, to receive proceeds from the dividend, you must own shares one day before the ex-dividend date, which may vary depending on your local broker. We encourage you to speak with your local broker to confirm timing of share settlements. The dividend is payable on Tuesday, March 23, 2021.
The transfer agent and registrar for our common stock is: Computershare Trust Company, N.A. PO Box 30170 College Station, TX 77842-3170 Telephone 800.446.2617 http://www.computershare.com
Questions regarding stock certificates should be directed to our transfer agent: Computershare Trust Company, N.A. PO Box 30170 College Station, TX 77842-3170 Telephone 800.446.2617 http://www.computershare.com
Rocket Companies common stock is listed under the ticker symbol RKT on the New York Stock Exchange and can be purchased in the open market through any registered broker, or through our transfer agent and registrar:
Computershare Trust Company, N.A. PO Box 30170 College Station, TX 77842-3170 Telephone 800.446.2617 http://www.computershare.com
Investor inquiries can be directed to IR@rocketcompanies.com.
We currently operate through a network of over seven corporate offices, three client support locations and five call centers, which are located throughout the country, to serve clients in all 50 states.
Quarterly and annual reports, along with other SEC Filings, can be found here.
You can sign up for alerts under “Investor Email Alerts” at the bottom of the website to be notified of important news. If you would like a physical copy of any reports, please refer to either Information Request or Contact Us under the Investor Resources section of the website.
A copy of the annual report can be requested through the Information Request form found under Investor Resources, or by contacting one of the individuals listed under Contact Us via email or phone call.
The Company's Board of Directors approved a share repurchase program effective November 10, 2020. The share repurchase program authorizes the Company to repurchase outstanding shares of the Company’s common stock, of any Class, in an aggregate value, not to exceed $1 billion dollars, from time to time, in the open market or through privately negotiated transactions, in accordance with applicable securities laws. The share repurchase program will remain in effect for a two-year period. The share repurchase program does not obligate the Company to make any repurchases at any specific time. The timing and extent to which the Company repurchases its shares will depend upon, among other things, market conditions, share price, liquidity targets, regulatory requirements and other factors.
As the Company has stated publicly, it will be thoughtful and disciplined in executing under the share repurchase program. The Company does not expect to comment on how many shares it repurchased, if any, other than through SEC filings or other public disclosures.
At the bottom of the Rocket Investor Relations website, which can be found here, you can sign up for alerts on when the Company puts out press releases. Additionally, see the link here for Rocket’s financial press releases, here for additional corporate press releases, and here for Quicken Loans press releases.
Under the SEC’s Regulation Fair Disclosure (“Reg FD”), publicly traded companies are not allowed to disclose material nonpublic information to a select group of individuals. Therefore, when a public company has material news, that company must ensure that all individuals are given fair access to that information. This means that news disclosure must be widely available to the public domain through the means of a press release, SEC filing, or other public disclosure. When we have news to share, all of our investors will hear about it simultaneously.
We typically announce earnings calls and other investor events via press release approximately two weeks in advance. Once announced, information about upcoming events can be found on the Events & Presentations page.
The Company’s GAAP accounting treatment is similar to that of many other public companies with a large percentage of their fully diluted shares not being publicly traded.
Specifically, the difference between “Net income” and “Net income attributable to Rocket Companies” under Generally Accepted Accounting Principles (“GAAP”) is “Net income attributable to non-controlling interests. The term “Net income” as set forth in the financial statements of Rocket Companies, Inc. can be defined as Net income attributable to all shareholders, which includes both Class A shareholders (all public stockholders) and non-controlling interests (Rock Holdings Inc. ("RHI") and our Founder and Chairman).
The share of “Net income” recorded as “Net income attributable to Rocket Companies” depends largely on the number of Class A shares as a percentage of the fully diluted share count, on average, during a given reporting period. Of note, Rocket Companies Class A shares began trading on August 6, 2020, and any Net income prior to that date is attributable to non-controlling interests.
Additionally, “Net income” is allocated between Class A and Class D shareholders and unit holders on a pre-tax basis; Since the Company’s IPO date and in subsequent periods, Class A shareholders are subject to ordinary corporate tax rates, which will vary based on geography and on state, local, U.S. federal, and Canadian tax rates, whereas Class D unit holders are responsible for paying related taxes.
For additional information, please see the “Non-controlling Interests” footnote in our latest 10-Q or 10-K filing with the SEC, which can be found here.