Root, Inc. (ROOT)
| Market Cap | 2.34B |
| Revenue (ttm) | 1.27B |
| Net Income (ttm) | 52.90M |
| Shares Out | 15.37M |
| EPS (ttm) | 3.16 |
| PE Ratio | 48.11 |
| Forward PE | 201.39 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 509,254 |
| Open | 153.11 |
| Previous Close | 147.42 |
| Day's Range | 147.50 - 157.58 |
| 52-Week Range | 34.04 - 181.14 |
| Beta | 2.41 |
| Analysts | Buy |
| Price Target | 120.83 (-20.53%) |
| Earnings Date | May 7, 2025 |
About ROOT
Root, Inc. provides insurance products and services in the United States. The company offers automobile and renters insurance products. It operates a direct-to-consumer model; and serves customers primarily through mobile applications and its website. The company’s direct distribution channels also cover digital media, independent agents, and referrals, as well as distribution partners. Root, Inc. was incorporated in 2015 and is headquartered in Columbus, Ohio. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for ROOT stock is "Buy." The 12-month stock price forecast is $120.83, which is a decrease of -20.53% from the latest price.
News
Root: Not Close To Undervalued
Root's Q1 results led to reduced EPS estimates, impacted by higher operating expenses to support growth. Increased operating expenses and potential tariff impacts on claims pose risks, but Root's tech...
Root, Inc. to Participate in the 2025 Wells Fargo Financial Services Investor Conference
COLUMBUS, Ohio, May 08, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, today announced its part...
Root, Inc. (ROOT) Q1 2025 Earnings Call Transcript
Root, Inc. (NASDAQ:ROOT) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Matt LaMalva – Head Investor Relations and Corporate Development Alex Timm – Co-Founder and Chief...
New Data from Root Insurance Shows Americans Spend 11% of Drive Time on Phones, with Gen Z Twice as Distracted as Baby Boomers
Portland, Oregon named most focused city; New Orleans, Louisiana ranks as most distracted city in Root's 2025 Focused Driving Report Portland, Oregon named most focused city; New Orleans, Louisiana ra...
Root, Inc. Schedules Conference Call to Discuss First Quarter 2025 Financial Results
COLUMBUS, Ohio, April 10, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call on Wednesday, May 7, 202...
Roots Reports Fourth Quarter and Fiscal 2024 Results
TORONTO--(BUSINESS WIRE)--Roots Corporation (“Roots” or the “Company”) (TSX: ROOT), a premium outdoor-lifestyle brand, announced today financial results for its fourth quarter and fiscal year ended Fe...
Top 2 Financial Stocks That May Fall Off A Cliff In March
As of March 24, 2025, two stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Root: Loving The Profits, But It's Fair Value Territory
Root Insurance's profitability and growth have led to a re-rating from Buy to Hold due to increased share price and tariff uncertainties. Q4 showed revenue growth and an improved balance sheet, but in...
Root, Inc. (ROOT) Q4 2024 Earnings Call Transcript
Root, Inc. (NASDAQ:ROOT) Q4 2024 Results Conference Call February 26, 2025 5:00 PM ET Company Participants Matt LaMalva - Head, Investor Relations Alex Timm - Co-Founder & Chief Executive Officer Meg...
Why Shares Of Insurance Company Root Are Soaring Wednesday
Insurance company Root Inc ROOT reported fourth-quarter financial results after market close Wednesday.
Root, Inc. Announces 2024 Fourth Quarter and Full Year Results
COLUMBUS, Ohio, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the fourth quarter and full year ended ...
Root, Inc. Q4 2024 Earnings Preview
Despite Root's profitability surge, the stock is overvalued due to unsustainable loss ratios and the stagnant auto insurance market. My DCF analysis indicates Root needs 20-40% sustained growth and in...
Root's Super Bowl Survey: Nearly Half of Football Fans Watched Games While Driving this Season
Survey from Car Insurance Company Root Insurance reveals 44% of fans watched their favorite teams from the driver's seat, including 42% of Eagles fans and 36% of Chiefs fans Survey from Car Insurance ...
Root, Inc. Schedules Conference Call to Discuss 2024 Fourth Quarter and Full Year Financial Results
COLUMBUS, Ohio, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial resu...
Root Inc.: A Turn Around That Still Has Upside
Root Inc.: A Turn Around That Still Has Upside
Root, Inc. to Participate in the 27th Annual ICR Conference
COLUMBUS, Ohio, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, today announced that th...
Insurtechs Shine On Wall Street In 2024 As Managed Care Struggles
Insurance technology companies were some of the best performing US insurers on Wall Street over the course of 2024, while the managed care sector had a less resilient year. Root Inc., Clover Health In...
Root Insurance Expands to Minnesota, Offering Personalized, Driver-Based Rates
Fast, fair, affordable auto insurance now available to more than 4 million Minnesotans Fast, fair, affordable auto insurance now available to more than 4 million Minnesotans
Insurance Industry Trends Shown Through LMND & ROOT
Today's Overlooked Stock focuses on Lemonade (LMND), an insurance company that utilizes A.I. George Tsilis says the company highlights a unique trend in the insurance industry.
Root, Inc. Has Entered The World Of Profits (Rating Upgrade)
Root, Inc. has finally achieved its first profitable quarter, reducing the risks and providing a better basis for valuation. Following wild price fluctuation after ROOT's earnings release, the closing...
Root stock spikes 150%: here's what investors need to know
Root Inc (NASDAQ: ROOT) rallied a whopping 150% after reporting its first-ever net income profitability on the back of massive growth in quarterly revenue on Wednesday. “This is obviously a great mile...
Root, Inc. (ROOT) Q3 2024 Earnings Call Transcript
Root, Inc. (NASDAQ:ROOT) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Matt LaMalva - Head, Investor Relations Alex Timm - Co-Founder & Chief Executive Officer Meg...
Root, Inc. Announces 2024 Third Quarter Results
COLUMBUS, Ohio, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, announced financial results for the quarter today. Root's third quarter finan...
Root Announces Successful Refinancing of Term Loan Facility with BlackRock
Improved Terms Enhance Company's Financial Flexibility and Improve Cost of Capital Improved Terms Enhance Company's Financial Flexibility and Improve Cost of Capital