Skip to main content

Root, Inc. (ROOT)

NASDAQ: ROOT · IEX Real-Time Price · USD
5.25
+0.02 (0.38%)
After-hours:Oct 22, 2021 7:58 PM EDT
5.23
-0.25 (-4.56%)
At close: Oct 22, 4:00 PM
Market Cap1.32B
Revenue (ttm)259.80M
Net Income (ttm)-496.70M
Shares Out248.90M
EPS (ttm)-2.76
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume3,080,111
Open5.41
Previous Close5.48
Day's Range5.16 - 5.46
52-Week Range4.65 - 29.48
Betan/a
AnalystsHold
Price Target7.25 (+38.6%)
Est. Earnings DateNov 11, 2021

About ROOT

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

IndustryInsurance-Property & Casualty
IPO DateOct 28, 2020
Employees997
Stock ExchangeNASDAQ
Ticker SymbolROOT
Full Company Profile

Financial Performance

In 2020, Root, Inc.'s revenue was $346.80 million, an increase of 19.50% compared to the previous year's $290.20 million. Losses were -$363.00 million, 28.5% more than in 2019.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for Root, Inc. stock is "Hold." The 12-month stock price forecast is 7.25, which is an increase of 38.62% from the latest price.

Price Target
$7.25
(38.62% upside)
Analyst Consensus: Hold

News

Root, Inc. Schedules Conference Call to Discuss Third Quarter 2021 Financial Results

COLUMBUS, Ohio, Oct. 21, 2021 (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 result...

1 day ago - GlobeNewsWire

The 7 Best Meme Stocks to Buy Now for Eye-Popping Profit Potential in 2022

As more traders turn to the speculative and volatile world of meme stocks, keep these on your radar for potential short squeezes. The post The 7 Best Meme Stocks to Buy Now for Eye-Popping Profit Potent...

2 weeks ago - InvestorPlace

5 Discounted Growth Stocks That Can Turn $200,000 Into $1 Million (or More) by 2030

These innovative stocks have been beaten down recently, but they could make patient investors a lot richer by the turn of the decade.

Other symbols:EVERPINSPUBM
2 weeks ago - The Motley Fool

Root, Inc. Announces Organizational Changes to Accelerate Growth of Corporate Initiatives

Daniel Rosenthal will take on the role of Chief Revenue and Operating Officer in addition to his responsibilities as Chief Financial Officer Daniel Rosenthal will take on the role of Chief Revenue and O...

1 month ago - GlobeNewsWire

Root Stock Is Firing Up And Looks Ready To Launch

Root Inc (NASDAQ:ROOT) shares are trading higher Friday, although there looks to be no company evident news to explain the jump in share price. The stock looks like it is possibly ready to break out pas...

1 month ago - Benzinga

As Industry Focuses on Discrimination, Root Marks One Year of Drop The Score Campaign

Campaign to address credit discrimination in car insurance marks one year as national insurance regulators vote on landmark study of industry practices Campaign to address credit discrimination in car i...

1 month ago - GlobeNewsWire

Near Its All-Time Low, Is Root Stock a Buy?

The insurance technology upstart is giving off mixed signals.

1 month ago - The Motley Fool

Is the Options Market Predicting a Spike in Root (ROOT) Stock?

Investors need to pay close attention to Root (ROOT) stock based on the movements in the options market lately.

1 month ago - Zacks Investment Research

Why Shares of Root Are Rising Today

The company is seen as a short squeeze target on the popular subreddit WallStreetBets.

Other symbols:AMCGME
1 month ago - The Motley Fool

Short-Squeeze Stocks: Top 10 Stocks With High Short Interest This Week

We're seeing loads of interest from investors targeting short-squeeze stocks this week as meme rallies push several shares higher. The post Short-Squeeze Stocks: Top 10 Stocks With High Short Interest T...

1 month ago - InvestorPlace

5 Insurance Stocks To Watch In The Wake Of Hurricane Ida

On Sunday, Hurricane Ida rushed ashore Louisianna on the 16-year anniversary of Hurricane Katrina. The 2005 storm took the lives of 1,800 people and caused more than $100 billion in damage, $40 billion ...

Other symbols:AIGALLCBLMND
1 month ago - Benzinga

ROOT Stock: Why r/WallStreetBets Is Betting on a Big Squeeze for Root

ROOT stock is an innovative car insurance play but an unconvincing buy in institutions' eyes. Reddit investors don't seem to mind.

1 month ago - InvestorPlace

This Fintech Is Down 79% Since Its IPO: Is It a Buy?

The young insurtech has had some growing pains as it seeks to disrupt a legacy industry.

1 month ago - The Motley Fool

Will Root Inc. Stock Ever Bounce Back?

Root Inc. (NASDAQ: ROOT) shares traded sharply lower Thursday after the company reported worse-than-expected second-quarter financial results. Sales were $89.80 million, down from $121.40 million a year...

2 months ago - Benzinga

Root, Inc. Announces 2021 Second Quarter Results

COLUMBUS, Ohio, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter ended June 30, 2021. Root's s...

2 months ago - GlobeNewsWire

Is a Surprise Coming for Root (ROOT) This Earnings Season?

Root (ROOT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 months ago - Zacks Investment Research

3 Special Stocks That Can Turn $25,000 Into $1 Million in 25 Years (or Less)

Innovation and time could allow a sizable investment in this trio to turn into a life-altering amount of money.

Other symbols:TDOCTRUP
2 months ago - The Motley Fool

Move Over Tilray, BlackBerry: Could Traders Slap Shorts Silly On These 4 Stocks?

The most well-known stocks that have undergone momentous short-squeezes this year such as GameStop Corporation (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC), Tilray Inc (NASDAQ: TLRY) and Blac...

Other symbols:MSTRSDCOTRK
2 months ago - Benzinga

Root, Inc. Schedules Conference Call to Discuss Second Quarter 2021 Financial Results

COLUMBUS, Ohio, July 26, 2021 (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 result...

2 months ago - GlobeNewsWire

The Smartest Stocks Under $10 to Buy Right Now

Some of the market's best bargains have single-digit share prices.

Other symbols:TEVA
3 months ago - The Motley Fool

9 Lesser-Known Short-Squeeze Stocks Popular With Retail Investors

We're taking a look at some of the lesser-known short-squeeze stocks popular with retail investors that should be on your radar. The post 9 Lesser-Known Short-Squeeze Stocks Popular With Retail Investor...

3 months ago - InvestorPlace

Short-Squeeze Stocks: Top 10 Stocks With High Short Interest This Week

We're seeing loads of activity from retail traders that has us looking in on short-squeeze stocks investors will want to know about. The post Short-Squeeze Stocks: Top 10 Stocks With High Short Interest...

3 months ago - InvestorPlace

Short-Squeeze Stocks: Today's Top 10 Stocks With High Short Interest

We're taking a look at the top 10 short-squeeze stocks for Tuesday with the companies that have the highest short interest. The post Short-Squeeze Stocks: Today's Top 10 Stocks With High Short Interest ...

3 months ago - InvestorPlace

3 Surefire Growth Stocks That Can Go to the Moon

Patient investors could be rewarded with massive gains from these fast-growing companies.

Other symbols:BARKSE
3 months ago - The Motley Fool

Root, Inc. Congratulates Washington Drivers on Credit Score-Free Car Insurance

Company shares what drivers can expect as the state adopts fairer pricing Company shares what drivers can expect as the state adopts fairer pricing

3 months ago - GlobeNewsWire