Root, Inc. (ROOT)
| Market Cap | 1.32B |
| Revenue (ttm) | 259.80M |
| Net Income (ttm) | -496.70M |
| Shares Out | 248.90M |
| EPS (ttm) | -2.76 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,080,111 |
| Open | 5.41 |
| Previous Close | 5.48 |
| Day's Range | 5.16 - 5.46 |
| 52-Week Range | 4.65 - 29.48 |
| Beta | n/a |
| Analysts | Hold |
| Price Target | 7.25 (+38.6%) |
| Est. Earnings Date | Nov 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.
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 StatementsAnalyst 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.
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...
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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...
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...
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...
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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...
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...
Is a Surprise Coming for Root (ROOT) This Earnings Season?
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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...
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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