Root (ROOT) Expected to Announce Earnings on Wednesday

Key Points

• Root will report Q1 2026 results after the market close on Wednesday, May 6, 2026 at 5:00 PM ET, with analysts expecting $0.8330 EPS and $393.69 million in revenue.
• In its last quarterly report (Feb. 25) Root posted $0.31 EPS and $397 million revenue—beating estimates and showing 21.5% YoY revenue growth—and analysts project about $2 EPS for the current fiscal year and $3 EPS next year.
• The consensus analyst rating is Hold with an average target price of $92.40, though several firms (UBS, Wells Fargo) recently cut price targets to around $52; the stock opened at about $54.48 and has a market cap near $847.7 million.

Root (NASDAQ:ROOT - Get Free Report) is anticipated to release its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect Root to post earnings of $0.8330 per share and revenue of $393.69 million for the quarter. Interested persons may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Wednesday, May 6, 2026 at 5:00 PM ET.

Root (NASDAQ:ROOT - Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.28. Root had a net margin of 2.58% and a return on equity of 15.34%. The firm had revenue of $397.00 million during the quarter, compared to analysts' expectations of $381.57 million. During the same quarter in the prior year, the business earned $1.30 earnings per share. The business's revenue for the quarter was up 21.5% compared to the same quarter last year. On average, analysts expect Root to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Root Stock Performance

Root stock opened at $54.48 on Wednesday. The business has a 50 day moving average of $49.43 and a 200-day moving average of $65.70. Root has a 1 year low of $40.91 and a 1 year high of $162.99. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market capitalization of $847.71 million, a P/E ratio of 23.48 and a beta of 2.90.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. UBS Group lowered their price objective on Root from $90.00 to $52.00 and set a "neutral" rating for the company in a research note on Monday, March 9th. Weiss Ratings raised Root from a "sell (d+)" rating to a "hold (c)" rating in a research note on Thursday, February 26th. Wells Fargo & Company lowered their price objective on Root from $70.00 to $52.00 and set an "equal weight" rating for the company in a research note on Thursday, April 9th. Zacks Research raised Root from a "strong sell" rating to a "hold" rating in a research note on Monday, January 12th. Finally, Wall Street Zen raised Root from a "sell" rating to a "hold" rating in a research note on Saturday, February 28th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $92.40.

Institutional Trading of Root

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dark Forest Capital Management LP acquired a new stake in Root during the 3rd quarter valued at approximately $351,000. Bayesian Capital Management LP acquired a new stake in Root during the 2nd quarter valued at approximately $341,000. Entropy Technologies LP increased its position in Root by 83.3% during the 4th quarter. Entropy Technologies LP now owns 4,400 shares of the company's stock valued at $318,000 after purchasing an additional 2,000 shares during the period. WINTON GROUP Ltd acquired a new stake in Root during the 2nd quarter valued at approximately $316,000. Finally, Osaic Holdings Inc. grew its position in shares of Root by 67.5% during the 2nd quarter. Osaic Holdings Inc. now owns 2,024 shares of the company's stock worth $259,000 after buying an additional 816 shares during the period. Institutional investors and hedge funds own 59.82% of the company's stock.

About Root

Root, trading on the Nasdaq under the ticker ROOT, is a Columbus, Ohio–based insurance company that leverages mobile technology and data analytics to offer personalized auto insurance policies. Founded in 2015 by Alex Timm and Dan Manges, Root set out to transform traditional underwriting by focusing on individual driving behavior rather than broad demographic factors.

The company's core product is usage-based auto insurance, delivered through a smartphone app that monitors driving patterns such as speed, braking and phone usage behind the wheel.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.