How Rocket Loans’ Third Unsecured ABS Deal And KBRA Ratings At Rocket Companies (RKT) Has Changed Its Investment Story

Simply Wall St.

Feb 12

Ratings agency KBRA recently assigned preliminary ratings to five classes of notes issued by RKTL Trust 2026-1, an asset-backed securitization backed by unsecured consumer loans originated through ...

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This latest securitization underlines Rocket Loans' growing use of capital markets funding for its unsecured consumer portfolio, potentially reinforcing confidence in its technology-driven lending platform and its role within Rocket Companies' broader consumer finance ecosystem. We’ll now examine how this third unsecured consumer loan ABS deal, and its preliminary KBRA ratings, may influence Rocket Companies’ investment narrative. Rare earth metals are the new gold rush. Find out which 31 stocks are leading the charge.AdvertisementRocket Companies Investment Narrative RecapTo own Rocket Companies, you generally have to believe its tech-heavy mortgage and consumer finance ecosystem can convert digital efficiency into durable earnings, despite current losses and a rich valuation. The new KBRA-rated RKTL Trust 2026-1 securitization modestly supports the near term catalyst of scaling non-mortgage revenue, but it does not significantly change the central risk that Rocket still depends heavily on cyclical housing and credit conditions for long term profit improvement. Among recent developments, the upcoming Q4 2025 earnings release on 26 February 2026 looks most relevant here. Investors will be watching whether expanding Rocket Loans securitizations show up in segment revenue mix and funding costs, and how that interacts with ongoing integration work around Redfin and the planned Mr. Cooper acquisition, which many see as key to justifying expectations for faster growth and eventual margin improvement across the broader platform. Yet beneath the promise of tech driven funding and new products, investors should be aware of how Rocket’s tight links to mortgage cycles could still... Read the full narrative on Rocket Companies (it's free!)Rocket Companies’ narrative projects $8.7 billion revenue and $3.2 billion earnings by 2028.Uncover how Rocket Companies' forecasts yield a $21.57 fair value, a 7% upside to its current price.Exploring Other PerspectivesRKT 1-Year Stock Price Chart Some of the most optimistic analysts already projected revenue reaching about US$9.3 billion and earnings around US$4.1 billion by 2028, which is far more upbeat than the consensus view. This new unsecured loan securitization could either support that bolder growth story or expose its limits, and your own take on refinancing risk and platform dependence may land very differently from theirs.Explore 8 other fair value estimates on Rocket Companies - why the stock might be worth as much as 98% more than the current price!Build Your Own Rocket Companies NarrativeDisagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.A great starting point for your Rocket Companies research is our analysis highlighting 1 key reward and 2 important warning signs that could impact your investment decision.Our free Rocket Companies research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Rocket Companies' overall financial health at a glance.Seeking Other Investments?Every day counts. These free picks are already gaining attention. See them before the crowd does:AI is about to change healthcare. These 27 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.The future of work is here. Discover the 30 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation.We've uncovered the 14 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them.  This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}