S&P 500   3,851.85
DOW   31,188.38
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S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
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S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
pixel
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S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
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NASDAQ:ROOT

Root Stock Forecast, Price & News

$17.88
-1.13 (-5.94 %)
(As of 01/20/2021 12:00 AM ET)
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Today's Range
$17.70
Now: $17.88
$19.12
50-Day Range
$13.91
MA: $16.65
$23.15
52-Week Range
$13.57
Now: $17.88
$29.48
Volume3.38 million shs
Average Volume2.77 million shs
Market Capitalization$4.48 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Root, Inc. is the parent company of Root Insurance Company. Root is a technology company revolutionizing personal insurance with a pricing model based upon fairness and a modern customer experience. Root's modern, mobile-first customer experience is designed to make insurance simple.

MarketRank

Overall MarketRank

1.34 out of 5 stars

Finance Sector

948th out of 1,939 stocks

Analyst Opinion: 4.2Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:ROOT
CUSIPN/A
CIKN/A
Phone866 980 9431
Employees977

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Market Cap$4.48 billion
Next Earnings Date3/2/2021 (Estimated)
OptionableNot Optionable
$17.88
-1.13 (-5.94 %)
(As of 01/20/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Root (NASDAQ:ROOT) Frequently Asked Questions

Is Root a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Root in the last year. There are currently 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Root stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ROOT, but not buy additional shares or sell existing shares.
View analyst ratings for Root
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Root?

Wall Street analysts have given Root a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Root wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as Root's CEO?

1,428 employees have rated Root CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 59% among Root's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Root's next earnings date?

Root is scheduled to release its next quarterly earnings announcement on Tuesday, March 2nd 2021.
View our earnings forecast for Root
.

How were Root's earnings last quarter?

Root, Inc. (NASDAQ:ROOT) announced its quarterly earnings results on Monday, November, 30th. The company reported ($2.20) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.36) by $1.84. The firm had revenue of $50.50 million for the quarter, compared to analyst estimates of $50.90 million.
View Root's earnings history
.

What price target have analysts set for ROOT?

13 brokers have issued twelve-month price objectives for Root's stock. Their forecasts range from $13.00 to $30.00. On average, they expect Root's share price to reach $22.75 in the next year. This suggests a possible upside of 27.2% from the stock's current price.
View analysts' price targets for Root
or view Wall Street analyst' top-rated stocks.

Who are some of Root's key competitors?

Who are Root's key executives?

Root's management team includes the following people:
  • Mr. Alexander Edward Timm, Co-Founder, CEO & Director (Age 32, Pay $398.83k)
  • Mr. Daniel Manges, Co-Founder & CTO (Age 35, Pay $310k)
  • Mr. Daniel Harris Rosenthal, CFO & Director (Age 45, Pay $268.75k)
  • Megan Binkley, Chief Accounting Officer
  • Jonathan Alexander Allison, Gen. Counsel & Sec.
  • Mr. Kumi D. Walker, Chief Corp. Devel. & Strategy Officer
  • Ms. Annette Reavis, Chief People Officer
  • Ms. Lauren Gruenebaum, Chief Product Officer
  • Mr. David Martin, Chief Data Scientist
  • Ms. Kelly Ruoff, Chief Brand Officer

When did Root IPO?

(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.

What is Root's stock symbol?

Root trades on the NASDAQ under the ticker symbol "ROOT."

When does the company's lock-up period expire?

Root's lock-up period expires on Monday, April 26th. Root had issued 26,830,845 shares in its public offering on October 28th. The total size of the offering was $724,432,815 based on an initial share price of $27.00. After the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

How do I buy shares of Root?

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

What is Root's stock price today?

One share of ROOT stock can currently be purchased for approximately $17.88.

How big of a company is Root?

Root has a market capitalization of $4.48 billion. Root employs 977 workers across the globe.

What is Root's official website?

The official website for Root is joinroot.com.

How can I contact Root?

The company can be reached via phone at 866 980 9431.

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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