Root, Inc. (ROOT)

Market Cap	178.34M
Revenue (ttm)	331.50M
Net Income (ttm)	-190.80M
Shares Out	9.60M
EPS (ttm)	-13.25
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	539,562
Open	12.36
Previous Close	12.39
Day's Range	11.89 - 14.21
52-Week Range	3.31 - 14.80
Beta	1.53
Analysts	Hold
Price Target	9.07 (-34.8%)
Earnings Date	Nov 1, 2023

About ROOT

Root, Inc. provides insurance products and services in the United States. The company offers automobile, 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 and agencies. The company was incorporated in 2015 and is headquartered in Columbus, Ohio.

• Industry: Insurance - Property & Casualty
• Sector: Financials
• IPO Date: Oct 28, 2020
• Employees: 765
• Stock Exchange: NASDAQ
• Ticker Symbol: ROOT

Financial Performance

In 2022, Root, Inc.'s revenue was $310.80 million, a decrease of -10.02% compared to the previous year's $345.40 million. Losses were -$297.70 million, -42.87% less than in 2021.

Analyst Forecast

According to 7 analysts, the average rating for ROOT stock is "Hold." The 12-month stock price forecast is $9.07, which is a decrease of -34.80% from the latest price.

Price Target

$9.07

(-34.80% downside)

Analyst Consensus: Hold