Root, Inc. (ROOT)
| Market Cap | 874.28M -36.4% |
| Revenue (ttm) | 1.57B +14.9% |
| Net Income | 58.20M -28.7% |
| EPS | 3.58 -24.3% |
| Shares Out | 15.49M |
| PE Ratio | 15.76 |
| Forward PE | 21.01 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 161,509 |
| Open | 55.26 |
| Previous Close | 55.05 |
| Day's Range | 55.26 - 57.08 |
| 52-Week Range | 40.91 - 104.47 |
| Beta | 2.93 |
| Analysts | Hold |
| Price Target | 60.20 (+6.68%) |
| Earnings Date | Aug 5, 2026 |
About ROOT
Root, Inc. provides insurance products and services in the United States. The company offers automobile and renters insurance products primarily through websites, mobile applications, and partnership channels. Root, Inc. was incorporated in 2015 and is headquartered in Columbus, Ohio.
Financial Performance
In 2025, Root, Inc.'s revenue was $1.52 billion, an increase of 28.95% compared to the previous year's $1.18 billion. Earnings were $38.30 million, an increase of 31.16%.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for ROOT stock is "Hold." The 12-month stock price target is $60.2, which is an increase of 6.68% from the latest price.
News
Root reduces auto insurance rates by 15% in Florida
Root (ROOT) announced new rates that will reduce auto insurance premiums for Florida customers by 15% on average, with some policyholders seeing even more significant decreases.
Root Reduces Auto Insurance Rates by 15% in Florida, Citing Impact of Legal Reforms
Florida insurance reforms and regulatory environment enable Root to deliver immediate savings to drivers as litigation costs decline Florida insurance reforms and regulatory environment enable Root to...
Root and TheZebra.com Partner to Expand Access to Personalized Insurance Options for Consumers and Independent Agents
New digital integration brings real-time quotes to shoppers on The Zebra's insurance marketplace while creating a faster, more streamlined workflow for independent agents New digital integration bring...
Root downgraded to Hold from Buy at Jefferies
Jefferies downgraded Root (ROOT) to Hold from Buy with a price target of $58, down from $78, post the Q2 report. Management said the competitive environment in direct remained challenging…
Root price target lowered to $80 from $95 at Keefe Bruyette
Keefe Bruyette lowered the firm’s price target on Root (ROOT) to $80 from $95 and keeps an Outperform rating on the shares.
Root, Inc. Earnings Call Transcript: Q2 2026
Net income grew 15% year-over-year to $25 million, with revenue up 2% and policies in force up 6%. The company maintained profitability with a 92% net combined ratio, expanded into New Jersey, and increased share repurchases, while continuing to invest in AI and new distribution channels.
Root, Inc. Shareholder letter: Q2 2026
Root, Inc. has published a letter to shareholders covering Q2 2026, which was released on August 5, 2026.
Root, Inc. Quarterly report: Q2 2026
Root, Inc. has published its Q2 2026 quarterly earnings report on August 5, 2026.
Root reports Q2 EPS $1.49, consensus 72c
Reports Q2 revenue $389.2M, consensus $392.49M. Root (ROOT) said: “We’re happy to report that in the second quarter we continued to generate impressive performance, delivering another strong quarter o...
Root, Inc. Announces 2026 Second Quarter Results
COLUMBUS, Ohio, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the leading technology company in car insurance, today announced financial results for the second quarter. Root's second qu...
Root Launches Behavior-Based Car Insurance in New Jersey, Expanding Footprint to 37 States
The leading insurtech brings its mobile-first experience and data-driven pricing to millions of New Jersey drivers, pushing national coverage past 80% of the U.S. population The leading insurtech brin...
Root partners with Jerry on car insurance experience
Root (ROOT) announced a strategic partnership that embeds Root’s data-driven car insurance experience directly into Jerry’s app. The company said, “The partnership represents another milestone in Root...
Root and Jerry Partner to Deliver Fully Embedded, End-to-End Car Insurance Experience
COLUMBUS, Ohio, July 08, 2026 (GLOBE NEWSWIRE) -- Root (NASDAQ: ROOT), the leading technology company in car insurance, and Jerry , the innovative insurance and car care platform, today announced a st...
Root, Inc. Schedules Conference Call to Discuss Second Quarter 2026 Financial Results
COLUMBUS, Ohio, June 24, 2026 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the leading technology company in car insurance, today announced its plans to host a conference call on Wednesday, August 5...
Root price target lowered to $60 from $125 at TD Cowen
TD Cowen analyst Andrew Kligerman lowered the firm’s price target on Root (ROOT) to $60 from $125 and keeps a Hold rating on the shares.
Canadian Retailer Roots (ROOT) Is Exploring ‘Strategic Alternatives’ as Losses Pile Up
The retailer lost more than $30 million last year.
Roots Reports First Quarter Fiscal 2026 Results & Business Update
TORONTO--(BUSINESS WIRE)--Roots (“Roots,” or the “Company”) (TSX: ROOT), a premium outdoor-lifestyle brand, announced today financial results for its first quarter ended May 2, 2026 (“Q1 2026”). All f...
Root and Hugo Partner to Expand Access to Affordable Car Insurance for Drivers Seeking Greater Flexibility
New integration combines Hugo's flexible liability insurance with Root's technology-driven full coverage offering New integration combines Hugo's flexible liability insurance with Root's technology-dr...
Root Celebrates Back-to-Back Indianapolis 500 Victories Through Partnerships Built on Performance and Innovation
Consecutive Indy 500 wins with two elite racing organizations reinforce Root's focus on innovation, strategic partnerships, and winning at the highest level Consecutive Indy 500 wins with two elite ra...
Root (ROOT) CEO on Record Quarter, Becoming AI "Disruptor" & CVNA Partnership
Root (ROOT) posted record profits in the latest quarter as the car insurance company seeks to leverage more AI technology with it services. CEO Alex Timm talks about ways the company aims to use evolv...
Root price target lowered to $50 from $52 at UBS
UBS lowered the firm’s price target on Root (ROOT) to $50 from $52 and keeps a Neutral rating on the shares.
Root, Inc. Earnings Call Transcript: Q1 2026
Delivered record profitability in Q1 2026 with net income of $36 million and annualized ROE of 47%. Policies in force grew 9% year-over-year, while partnerships and agent channels expanded rapidly. Capital flexibility increased with debt refinancing and a $75 million share repurchase program.
Root, Inc. Shareholder letter: Q1 2026
Root, Inc. has published a letter to shareholders covering Q1 2026, which was released on May 6, 2026.
Root, Inc. Quarterly report: Q1 2026
Root, Inc. has published its Q1 2026 quarterly earnings report on May 6, 2026.
Root, Inc. Announces 2026 First Quarter Results
COLUMBUS, Ohio, May 06, 2026 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the leading technology company in car insurance, today announced financial results for the first quarter. Root's first quart...