Root, Inc. (ROOT)

Market Cap	1.53B
Revenue (ttm)	1.04B
Net Income (ttm)	-15.70M
Shares Out	15.10M
EPS (ttm)	-1.07
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	566,411
Open	93.13
Previous Close	95.49
Day's Range	93.07 - 102.49
52-Week Range	7.22 - 118.15
Beta	2.35
Analysts	Buy
Price Target	61.67 (-38.98%)
Earnings Date	Oct 30, 2024

About ROOT

Root, Inc. provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. It operates a direct-to-consumer model; and serves customers primarily through mobile applications, as well as through its website. The company’s direct distribution channels also cover digital, media, and referral channels, as well as distribution partners and agencies. Root, Inc. was incorporated in 2015 and is headquartered in Columbus, Ohio.

• Industry: Insurance - Property & Casualty
• Sector: Financials
• IPO Date: Oct 28, 2020
• Employees: 680
• Stock Exchange: NASDAQ
• Ticker Symbol: ROOT
• Website: https://www.joinroot.com

Financial Performance

In 2023, Root, Inc.'s revenue was $455.00 million, an increase of 46.40% compared to the previous year's $310.80 million. Losses were -$147.40 million, -50.49% less than in 2022.

Analyst Forecast

According to 9 analysts, the average rating for ROOT stock is "Buy." The 12-month stock price forecast is $61.67, which is a decrease of -38.98% from the latest price.

Price Target

$61.67

(-38.98% downside)

Analyst Consensus: Buy