Lowest-Rated Stocks NASDAQ:ROOT Root - ROOT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Root, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $6.12 +0.24 (+4.08%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$5.72▼$6.2250-Day Range$4.16▼$7.5352-Week Range$4.06▼$42.66Volume222,878 shsAverage Volume157,186 shsMarket Capitalization$86.29 millionP/E RatioN/ADividend YieldN/APrice Target$15.44 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Root MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside152.3% Upside$15.44 Price TargetShort InterestBearish20.77% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$163,439 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($21.00) to ($15.97) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.60 out of 5 starsFinance Sector221st out of 895 stocksFire, Marine, & Casualty Insurance Industry11th out of 49 stocks 4.0 Analyst's Opinion Consensus RatingRoot has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.44, Root has a forecasted upside of 152.3% from its current price of $6.12.Amount of Analyst CoverageRoot has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted20.77% of the float of Root has been sold short.Short Interest Ratio / Days to CoverRoot has a short interest ratio ("days to cover") of 8.3.Change versus previous monthShort interest in Root has recently decreased by 1.94%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldRoot does not currently pay a dividend.Dividend GrowthRoot does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ROOT. Previous Next 2.7 News and Social Media Coverage News SentimentRoot has a news sentiment score of 0.93. 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 higher news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Root this week, compared to 0 articles on an average week.Search InterestOnly 25 people have searched for ROOT on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.MarketBeat FollowsOnly 2 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. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Root insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $163,439.00 in company stock.Percentage Held by Insiders27.59% 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 Institutions70.41% of the stock of Root is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Root are expected to grow in the coming year, from ($21.00) to ($15.97) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Root is -0.25, 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. SectorThe P/E ratio of Root is -0.25, 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 RatioRoot has a P/B Ratio of 0.16. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Root (NASDAQ:ROOT) StockRoot, 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.Read More Receive ROOT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Root and its competitors with MarketBeat's FREE daily newsletter. Email Address ROOT Stock News HeadlinesJanuary 29, 2023 | americanbankingnews.comRoot, Inc. (NASDAQ:ROOT) Receives $15.44 Consensus Target Price from BrokeragesOctober 5, 2022 | barrons.comIndonesian President To Order Stadium Audit To Find 'Root' Of DisasterFebruary 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.April 7, 2022 | finance.yahoo.comRoots Closes Out Strong Fiscal 2021 Delivering Solid Fourth Quarter Results with Continued Sales Growth, Gross Margin Expansion, and Increased ProfitabilityMarch 24, 2022 | finance.yahoo.comRoots Announces Details of its Fourth Quarter and Fiscal Year 2021 Results Conference CallFebruary 2, 2022 | finance.yahoo.comDublin recruiting startup hosts free virtual job fair for terminated Root employeesDecember 15, 2021 | reuters.comRoot needs batting support if England are to make most of pink ball - ReutersDecember 14, 2021 | reuters.comEngland skipper Root backs Leach, Burns to rebound after Gabba - ReutersFebruary 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 13, 2021 | globenewswire.comRoot Insurance Now Available in Kansas - GlobeNewswireDecember 13, 2021 | finance.yahoo.comRoot Insurance Now Available in KansasDecember 11, 2021 | patriotswire.usatoday.comWho Patriots fans should root for during the team's Week 14 bye - Patriots WireDecember 10, 2021 | reuters.comRoot and Malan lead stirring England fightback - ReutersDecember 8, 2021 | finance.yahoo.comRoot, Inc. to Participate in the KBW Innovation in Finance Conference - Yahoo FinanceDecember 8, 2021 | reuters.comEngland's Root made wrong call by batting first, says Hussain - ReutersDecember 8, 2021 | nytimes.comThe Secret to This Glazed Holiday Ham? Root Beer. - The New York TimesDecember 6, 2021 | globenewswire.comRoot, Inc. to Participate in the KBW Innovation in Finance Conference - GlobeNewswireDecember 6, 2021 | reuters.comStokes looking good ahead of first Ashes test - Root - ReutersDecember 1, 2021 | finance.yahoo.comThe past year for Root (NASDAQ:ROOT) investors has not been profitableNovember 29, 2021 | reuters.comEngland skipper Root plans talks with Rafiq over racism allegations - ReutersNovember 25, 2021 | nytimes.comBallroom Takes Root in Colombia. But Who Is It For? - The New York TimesNovember 24, 2021 | seekingalpha.comRoot: 85% Down From IPO After Q3 Results, But Still Too Speculative - Seeking AlphaNovember 17, 2021 | finance.yahoo.comRoot, Inc. Reveals Work Where It Works Best Principles - Yahoo FinanceNovember 16, 2021 | fool.comTaproot Upgrade Aims to Fix a Few of Bitcoin's Root Problems - Motley FoolNovember 16, 2021 | globenewswire.comRoot, Inc. Reveals Work Where It Works Best Principles - GlobeNewswireNovember 16, 2021 | finance.yahoo.comRoot, Inc. Reveals Work Where It Works Best PrinciplesNovember 15, 2021 | fool.comWhy Shares of Root Are Falling Today - Motley FoolSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ROOT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Root and its competitors with MarketBeat's FREE daily newsletter. Email Address ROOT Company Calendar Last Earnings11/09/2022Today2/01/2023Next Earnings (Confirmed)2/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Fire, marine, & casualty insurance Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:ROOT CUSIPN/A CIK1788882 Webjoinroot.com Phone866-980-9431FaxN/AEmployees1,571Year FoundedN/APrice Target and Rating Average Stock Price Forecast$15.44 High Stock Price Forecast$32.40 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+152.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($24.3242) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-521,100,000.00 Net Margins-102.25% Pretax Margin-102.25% Return on Equity-78.93% Return on Assets-23.68% Debt Debt-to-Equity Ratio0.89 Current Ratio1.95 Quick Ratio1.95 Sales & Book Value Annual Sales$345.40 million Price / Sales0.25 Cash FlowN/A Price / Cash FlowN/A Book Value$38.16 per share Price / Book0.16Miscellaneous Outstanding Shares14,100,000Free Float10,210,000Market Cap$86.29 million OptionableNot Optionable Beta0.71 Key ExecutivesMr. Alexander Edward Timm (Age 33)Co-Founder, CEO & Director Comp: $718.47kMr. Daniel Craig Manges (Age 37)Co-Founder & Advisor Comp: $544.48kMr. Daniel Harris Rosenthal (Age 47)Chief Revenue & Operating Officer & Director Comp: $956.45kMr. Jonathan Alexander AllisonChairman & Gen. CounselMr. Robert Harold Bateman Jr. (Age 55)Chief Financial Officer Megan BinkleyChief Accounting OfficerMr. Matt Bonakdarpour (Age 35)Chief Technology Officer Ms. Christine PatrickVP of Investor RelationsMr. Tom KuhnDirector of External CommunicationsMs. Michele StreitmatterChief People & Organizational Effectiveness OfficerMore ExecutivesKey CompetitorsUnited InsuranceNASDAQ:UIHCHeritage InsuranceNYSE:HRTGICCNASDAQ:ICCHFG Financial GroupNASDAQ:FGFKingsway Financial ServicesNYSE:KFSView All CompetitorsInsiders & InstitutionsMeyer MalkaSold 14,800 sharesTotal: $70,448.00 ($4.76/share)Meyer MalkaSold 19,536 sharesTotal: $92,991.36 ($4.76/share)Bank of New York Mellon CorpSold 332,635 shares on 12/8/2022Ownership: 0.172%Parallax Volatility Advisers L.P.Sold 187,700 shares on 11/21/2022Ownership: 0.000%California State Teachers Retirement SystemSold 122,613 shares on 11/21/2022Ownership: 0.051%View All Insider TransactionsView All Institutional Transactions ROOT Stock - Frequently Asked Questions Should I buy or sell Root stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Root in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ROOT shares. 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 ROOT analyst ratings or view top-rated stocks. What is Root's stock price forecast for 2023? 8 brokerages have issued twelve-month target prices for Root's shares. Their ROOT share price forecasts range from $6.00 to $32.40. On average, they anticipate the company's stock price to reach $15.44 in the next year. This suggests a possible upside of 152.3% from the stock's current price. View analysts price targets for ROOT or view top-rated stocks among Wall Street analysts. How have ROOT shares performed in 2023? Root's stock was trading at $4.49 on January 1st, 2023. Since then, ROOT stock has increased by 36.3% and is now trading at $6.12. View the best growth stocks for 2023 here. When is Root's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023. View our ROOT earnings forecast. How can I listen to Root's earnings call? Root will be holding an earnings conference call on Thursday, February 23rd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Root's earnings last quarter? Root, Inc. (NASDAQ:ROOT) posted its quarterly earnings data on Wednesday, November, 9th. The company reported ($4.54) earnings per share for the quarter, beating analysts' consensus estimates of ($6.01) by $1.47. The business had revenue of $73.70 million for the quarter, compared to the consensus estimate of $75.74 million. Root had a negative trailing twelve-month return on equity of 78.93% and a negative net margin of 102.25%. When did Root's stock split? Root shares reverse split on the morning of 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 market closes 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. When did Root IPO? (ROOT) raised $569 million in an initial public offering 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." Who are Root's major shareholders? Root's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Daniel H Rosenthal, Daniel Manges, Lawrence A Hilsheimer and Meyer Malka. View institutional ownership trends. How do I buy shares of Root? Shares of ROOT stock 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. Compare Top Brokerages Here. What is Root's stock price today? One share of ROOT stock can currently be purchased for approximately $6.12. How much money does Root make? Root (NASDAQ:ROOT) has a market capitalization of $86.29 million and generates $345.40 million in revenue each year. The company earns $-521,100,000.00 in net income (profit) each year or ($24.3242) on an earnings per share basis. How many employees does Root have? The company employs 1,571 workers across the globe. How can I contact Root? The official website for the company is joinroot.com. The company can be reached via phone at 866-980-9431 or via email at ir@joinroot.com. This page (NASDAQ:ROOT) was last updated on 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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