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NASDAQ:ROOT

Root (ROOT) Stock Price, News & Analysis

Root logo
$177.69 +17.43 (+10.88%)
Closing price 03/24/2025 04:00 PM Eastern
Extended Trading
$178.16 +0.47 (+0.27%)
As of 03/24/2025 07:52 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Root Stock (NASDAQ:ROOT)

Key Stats

Today's Range
$168.00
$181.14
50-Day Range
$78.86
$177.69
52-Week Range
$34.04
$181.14
Volume
802,993 shs
Average Volume
505,991 shs
Market Capitalization
$2.70 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$88.33
Consensus Rating
Moderate Buy

Company Overview

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

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Root Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
19th Percentile Overall Score

ROOT MarketRank™: 

Root scored higher than 19% of companies evaluated by MarketBeat, and ranked 868th out of 939 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Root has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Root has only been the subject of 3 research reports in the past 90 days.

  • Read more about Root's stock forecast and price target.
  • Earnings Growth

    Earnings for Root are expected to decrease in the coming year, from ($0.08) to ($0.81) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Root is -144.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Root is -144.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Root has a P/B Ratio of 15.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Root's valuation and earnings.
  • Percentage of Shares Shorted

    10.50% of the float of Root has been sold short.
  • Short Interest Ratio / Days to Cover

    Root has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Root has recently decreased by 16.17%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Root does not currently pay a dividend.

  • Dividend Growth

    Root does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    10.50% of the float of Root has been sold short.
  • Short Interest Ratio / Days to Cover

    Root has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Root has recently decreased by 16.17%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Root has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.94 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Root this week, compared to 0 articles on an average week.
  • Search Interest

    36 people have searched for ROOT on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Root to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Root insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    11.71% of the stock of Root is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    59.82% of the stock of Root is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Root's insider trading history.
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ROOT Stock News Headlines

Now I look stupid. Real stupid...
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
Root: Loving The Profits, But It's Fair Value Territory
Root, Inc. (ROOT) Q4 2024 Earnings Call Transcript
See More Headlines

ROOT Stock Analysis - Frequently Asked Questions

Root's stock was trading at $72.59 at the beginning of 2025. Since then, ROOT stock has increased by 144.8% and is now trading at $177.69.
View the best growth stocks for 2025 here
.

Root, Inc. (NASDAQ:ROOT) issued its quarterly earnings data on Wednesday, February, 26th. The company reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of ($0.63) by $1.93. The business earned $326.70 million during the quarter, compared to the consensus estimate of $287.79 million. Root had a negative trailing twelve-month return on equity of 9.81% and a negative net margin of 1.56%.

Shares of Root reverse split on Monday, August 15th 2022. The 1-18 reverse split was announced on Monday, August 15th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, August 15th 2022. An investor that had 100 shares of stock prior to the reverse split would have 6 shares after the split.

Root (ROOT) raised $569 million in an IPO on Wednesday, October 28th 2020. The company issued 24,200,000 shares at a price of $22.00-$25.00 per share. Goldman Sachs and Morgan Stanley acted as the underwriters for the IPO and Barclays, Wells Fargo Securities, Credit Suisse, Deutsche Bank Securities, Evercore ISI, Truist Securities, Cantor, JMP Securities and Siebert Williams Shank were co-managers.

Top institutional investors of Root include Ribbit Management Company LLC (8.09%), Vanguard Group Inc. (3.49%), T. Rowe Price Investment Management Inc. (2.71%) and Renaissance Technologies LLC (1.75%). Insiders that own company stock include Mahtiyar Bonakdarpour, Jonathan Allison, Beth A Birnbaum and Julie Szudarek.
View institutional ownership trends
.

Shares of ROOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Root investors own include Zomedica (ZOM), NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), CrowdStrike (CRWD), Advanced Micro Devices (AMD) and Adobe (ADBE).

Company Calendar

Last Earnings
2/26/2025
Today
3/24/2025
Next Earnings (Estimated)
4/29/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Insurance
Current Symbol
NASDAQ:ROOT
Fax
N/A
Employees
760
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$88.33
High Stock Price Target
$130.00
Low Stock Price Target
$51.00
Potential Upside/Downside
-50.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-147,400,000.00
Pretax Margin
-1.46%

Debt

Sales & Book Value

Annual Sales
$1.18 billion
Price / Cash Flow
N/A
Book Value
$11.43 per share
Price / Book
15.55

Miscellaneous

Free Float
13,332,000
Market Cap
$2.70 billion
Optionable
Not Optionable
Beta
2.48
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This page (NASDAQ:ROOT) was last updated on 3/25/2025 by MarketBeat.com Staff
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