Root, Inc. (ROOT)

NASDAQ: ROOT · Real-Time Price · USD
137.90
-5.71 (-3.98%)
May 6, 2025, 2:52 PM EDT - Market open
-3.98%
Market Cap 2.12B
Revenue (ttm) 1.18B
Net Income (ttm) 29.20M
Shares Out 15.36M
EPS (ttm) 1.83
PE Ratio 75.36
Forward PE 766.11
Dividend n/a
Ex-Dividend Date n/a
Volume 262,552
Open 140.55
Previous Close 143.61
Day's Range 136.60 - 142.91
52-Week Range 34.04 - 181.14
Beta 2.41
Analysts Buy
Price Target 111.33 (-19.27%)
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]

Sector Financials
IPO Date Oct 28, 2020
Employees 1,021
Stock Exchange NASDAQ
Ticker Symbol ROOT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for ROOT stock is "Buy." The 12-month stock price forecast is $111.33, which is a decrease of -19.27% from the latest price.

Price Target
$111.33
(-19.27% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 days ago - GlobeNewsWire

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...

25 days ago - GlobeNewsWire

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...

27 days ago - Business Wire

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.

Other symbols: GHLD
6 weeks ago - Benzinga

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

Why Shares Of Insurance Company Root Are Soaring Wednesday

Insurance company Root Inc ROOT reported fourth-quarter financial results after market close Wednesday.

2 months ago - Benzinga

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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 ...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

Root Inc.: A Turn Around That Still Has Upside

Root Inc.: A Turn Around That Still Has Upside

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

Best-Performing Stocks Of 2024

Taking a look at the 20 best-performing stocks in 2024 of current Russell 3,000 members.

4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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

5 months ago - GlobeNewsWire

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.

Other symbols: LMND
6 months ago - Schwab Network

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...

6 months ago - Seeking Alpha

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...

6 months ago - Invezz

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...

6 months ago - Seeking Alpha

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...

6 months ago - GlobeNewsWire

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

6 months ago - GlobeNewsWire

Root Inc. Q3 Earnings Preview: Loss Ratio Not Sustainable

Root, Inc. will announce Q3 2024 earnings post-market on October 30th. I do not believe the market is fairly valuing the impact of scaling and competition on Root's ability to drive margin. While ther...

6 months ago - Seeking Alpha

Root, Inc. Schedules Conference Call to Discuss Third Quarter 2024 Financial Results

COLUMBUS, Ohio, Oct. 09, 2024 (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...

7 months ago - GlobeNewsWire

First Connect and Root Launch Streamlined Quote & Bind Process for Independent Insurance Agents

PALO ALTO, Calif. , Sept. 5, 2024 /PRNewswire/ --  First Connect Insurance Services , a digital platform designed to support independent agents by providing access to the nation's top carriers, today ...

8 months ago - PRNewsWire