Root, Inc.

ROOT

US77664L2079

Root, Inc. is a holding company. The Company operates through its subsidiaries, including Root Insurance Company, Root Property & Casualty Insurance Company and Root Reinsurance Company, Ltd. The Company is a technology insurance company operating a direct-to-consumer model with its personal insurance customers acquired through mobile apps. It offers auto and renters insurance products underwritten by Root Insurance Company and Root Property & Casualty. The Company, by collecting and synthesizing sensory behavioral data across thousands of driving variables, including distracted driving, it strives to price auto insurance based more on causality than correlation. It uses telematics, mobile technology and its digital platform to collect data points that it evaluates in pricing and underwriting certain of its insurance policies, managing claims and customer support, and improving business processes. Its primary focus is on the United States auto insurance market.

Sector

Property & Casualty Insurance

Calendar

2024-06-05 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for Root, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

62.95 USD

Average target price

63.75 USD

Spread / Average Target

+1.27%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Property & Casualty Insurance

	1st Jan change	Capi.
ROOT, INC.	+482.44%	939M
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AMERICAN INTERNATIONAL GROUP, INC.	+17.25%	52.42B
THE TRAVELERS COMPANIES	+14.23%	49.6B
THE ALLSTATE CORPORATION	+20.79%	44.83B
ARCH CAPITAL GROUP LTD.	+31.82%	36.62B
INTACT FINANCIAL CORPORATION	+10.81%	29.64B
MS&AD INSURANCE GROUP HOLDINGS, INC.	+51.70%	29.1B
FAIRFAX FINANCIAL HOLDINGS LIMITED	+26.62%	25.51B
SAMPO OYJ	-0.63%	21.53B

Other Property & Casualty Insurance

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-14 pm EDT			5-day change	1st Jan Change
61.04 ^USD	-3.03%		-3.06%	+482.44%

May. 07	Keefe, Bruyette & Woods Adjusts Price Target on Root to $80 From $70, Maintains Outperform Rating	MT
May. 06	Root Insider Sold Shares Worth $805,767, According to a Recent SEC Filing	MT

Keefe, Bruyette & Woods Adjusts Price Target on Root to $80 From $70, Maintains Outperform Rating	May. 07	MT
Root Insider Sold Shares Worth $805,767, According to a Recent SEC Filing	May. 06	MT
Wall Street Set to Open Lower Ahead of Fed Rate Decision; Private Employment Figures Top Forecasts	May. 01	MT
Investors Await Fed Rate Decision as US Futures Trend Lower in Wednesday's Premarket	May. 01	MT
Top Premarket Gainers	May. 01	MT
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday Ahead of US Fed Reserve Statement	May. 01	MT
Transcript : Root, Inc., Q1 2024 Earnings Call, Apr 30, 2024	Apr. 30
Root, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 30	CI
Keefe Bruyette & Woods Raises Root Price Target to $70 From $22, Maintains Outperform Rating	Apr. 24	MT
Root, Inc. Announces Executive Changes	Apr. 16	CI
Wells Fargo Adjusts Roots' Price Target to $64 From $12, Keeps Equalweight Rating	Apr. 11	MT
Top Midday Gainers	Feb. 26	MT
Keefe Bruyette & Woods Upgrades Root to Outperform From Market Perform, Adjusts PT to $22 From $10	Feb. 26	MT
Top Midday Gainers	Feb. 22	MT
Cantor Fitzgerald Upgrades Root to Overweight From Neutral, Adjusts Price Target to $13 From $9	Feb. 22	MT
Top Premarket Gainers	Feb. 22	MT
Root Shares Surge 24% Premarket Following Q4 Results as Loss Narrows After Revenue More Than Double	Feb. 22	MT
Transcript : Root, Inc., Q4 2023 Earnings Call, Feb 21, 2024	Feb. 21
Root, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 21	CI
Root, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 21	CI
Root, Inc. Announces the Promotion of Matt Bonakdarpour to President and Chief Technology Officer	Feb. 20	CI
Root Insider Bought Shares Worth $175,760, According to a Recent SEC Filing	Nov. 15	MT
Transcript : Root, Inc., Q3 2023 Earnings Call, Nov 02, 2023	Nov. 02
Root, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 01	CI
Root, Inc. Appoints Donna Dorsey to the Board of Directors	23-10-26	CI