Root Stock Price, News & Analysis (NASDAQ:ROOT) $9.52 +0.32 (+3.48%) (As of 11/28/2023 ET) Add Compare Share Share Today's Range$8.81▼$9.5750-Day Range$8.46▼$10.8052-Week Range$3.31▼$14.80Volume31,505 shsAverage Volume205,855 shsMarket Capitalization$138.99 millionP/E RatioN/ADividend YieldN/APrice Target$8.31 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Root MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside12.7% Downside$8.31 Price TargetShort InterestBearish7.33% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($11.52) to ($7.80) 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.1.54 out of 5 starsFinance Sector856th out of 867 stocksFire, Marine, & Casualty Insurance Industry49th out of 50 stocks 1.0 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 $8.31, Root has a forecasted downside of 12.7% from its current price of $9.52.Amount of Analyst CoverageRoot has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.33% of the outstanding shares of Root have been sold short.Short Interest Ratio / Days to CoverRoot has a short interest ratio ("days to cover") of 13.6, which indicates bearish sentiment.Change versus previous monthShort interest in Root has recently decreased by 6.96%, indicating that investor sentiment is improving significantly. 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 3.8 News and Social Media Coverage News SentimentRoot has a news sentiment score of 1.87. 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 0.76 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 Interest6 people have searched for ROOT on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Root insiders have not sold or bought any company stock.Percentage Held by Insiders10.34% 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 Institutions60.87% 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 ($11.52) to ($7.80) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Root is -0.75, 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 -0.75, 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 0.49. 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 Stock (NASDAQ:ROOT)Root, 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 ROOT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ROOT Stock News HeadlinesNovember 15, 2023 | msn.comTrump's "vermin" speech again draws scrutiny to extreme rhetoricNovember 13, 2023 | msn.comTrump compares opponents to 'vermin' who he will 'root out,' alarming historiansNovember 28, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 13, 2023 | msn.comTrump issues sinister threat to 'root out' leftists if elected in 2024November 6, 2023 | msn.comLavrov: The USA is the Evil Root that Needn't Be Uprooted; a Chemical Solution ExistsJune 30, 2023 | investorplace.comWhy Is Root (ROOT) Stock Down 20% Today?June 22, 2023 | investorplace.comWhy Is Root (ROOT) Stock Up 46% Today?May 17, 2023 | marketwatch.comRoot Beer Market upto 2030November 28, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comApril 12, 2023 | marketwatch.comRoot Canal Irrigatos Market Size, Share and Forecast till 2030March 29, 2023 | finance.yahoo.comRoots Announces Details of its Fourth Quarter and Fiscal Year 2022 Results Conference CallOctober 5, 2022 | barrons.comIndonesian President To Order Stadium Audit To Find 'Root' Of DisasterApril 17, 2022 | dallasnews.comHow to make the Biden-Harris "root causes" policy work - The Dallas Morning NewsApril 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 | theguardian.comJoe Root says ‘no excuses’ as England prepare for day-night Ashes Test battle - The GuardianDecember 14, 2021 | reuters.comEngland skipper Root backs Leach, Burns to rebound after Gabba - ReutersDecember 13, 2021 | globenewswire.comRoot Insurance Now Available in Kansas - GlobeNewswireDecember 13, 2021 | finance.yahoo.comRoot Insurance Now Available in KansasDecember 13, 2021 | dailymail.co.ukHarris plans to tackle migration 'root causes' with $540M investments from Pepsi and Microsoft - Daily MailDecember 11, 2021 | patriotswire.usatoday.comWho Patriots fans should root for during the team's Week 14 bye - Patriots WireDecember 11, 2021 | theguardian.comJoe Root defends Ashes selection and strategy after England capitulate - The GuardianDecember 10, 2021 | reuters.comRoot and Malan lead stirring England fightback - ReutersDecember 9, 2021 | news.yahoo.comEngland tree scheme takes root amid climate emergency - Yahoo NewsDecember 8, 2021 | finance.yahoo.comRoot, Inc. to Participate in the KBW Innovation in Finance Conference - Yahoo FinanceSee More Headlines 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 Company Calendar Last Earnings11/01/2023Today11/28/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/28/2024Get 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/AEmployees765Year FoundedN/APrice Target and Rating Average Stock Price Target$8.31 High Stock Price Target$15.00 Low Stock Price Target$3.00 Potential Upside/Downside-13.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($12.72) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-297,700,000.00 Net Margins-54.81% Pretax Margin-54.81% Return on Equity-79.67% Return on Assets-14.69% Debt Debt-to-Equity Ratio1.68 Current Ratio1.68 Quick Ratio1.68 Sales & Book Value Annual Sales$310.80 million Price / Sales0.45 Cash FlowN/A Price / Cash FlowN/A Book Value$19.51 per share Price / Book0.49Miscellaneous Outstanding Shares14,600,000Free Float13,090,000Market Cap$139.43 million OptionableNot Optionable Beta1.50 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Alexander Edward Timm (Age 34)Co-Founder, CEO & Director Comp: $3.01MMr. Matt Bonakdarpour (Age 36)Chief Technology Officer Comp: $1.6MMs. Megan Nicole Binkley (Age 39)Chief Financial Officer Mr. Jonathan Alexander AllisonChief Administrative OfficerMr. Matthew Patrick LaMalva (Age 37)Head of Investor Relations Ms. Kelly RuoffChief Communications OfficerMs. Jill KellettVice President of Product & MarketingMr. Frank Phillip PalmerChief Insurance OfficerKatelynn SandyChief Information Security OfficerMr. Mark LeMaster (Age 54)Chief Claims & Customer Service Officer More ExecutivesKey CompetitorsMaidenNASDAQ:MHLDNINASDAQ:NODKJames River GroupNASDAQ:JRVRGreenlight Capital ReNASDAQ:GLREGlobal Indemnity GroupNASDAQ:GBLIView All CompetitorsInsiders & InstitutionsCannell Capital LLCBought 293,923 shares on 11/22/2023Ownership: 2.013%GSA Capital Partners LLPSold 1,226 shares on 11/15/2023Ownership: 0.907%Trexquant Investment LPBought 32,474 shares on 11/14/2023Ownership: 0.222%Corton Capital Inc.Bought 12,601 shares on 11/14/2023Ownership: 0.086%Tower Research Capital LLC TRC Sold 10,441 shares on 11/14/2023Ownership: 0.033%View All Insider TransactionsView All Institutional Transactions ROOT Stock Analysis - Frequently Asked Questions Should I buy or sell Root stock right now? 8 Wall Street equities research 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 equities research 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 target for 2024? 8 Wall Street research analysts have issued 12 month price targets for Root's shares. Their ROOT share price targets range from $3.00 to $15.00. On average, they anticipate the company's stock price to reach $8.31 in the next twelve months. This suggests that the stock has a possible downside of 12.7%. 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 at the start of the year. Since then, ROOT shares have increased by 112.0% and is now trading at $9.52. 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 28th 2024. View our ROOT earnings forecast. How were Root's earnings last quarter? Root, Inc. (NASDAQ:ROOT) posted its quarterly earnings results on Wednesday, November, 1st. The company reported ($3.16) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($3.29) by $0.13. The company had revenue of $115.30 million for the quarter, compared to the consensus estimate of $73 million. Root had a negative trailing twelve-month return on equity of 79.67% and a negative net margin of 54.81%. When did Root's stock split? Root's stock reverse split before market open 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. 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 $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. Who are Root's major shareholders? Root's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Cannell Capital LLC (2.01%), Raymond James & Associates (0.95%), GSA Capital Partners LLP (0.91%), Group One Trading L.P. (0.00%), Trexquant Investment LP (0.22%) and Raymond James Financial Services Advisors Inc. (0.17%). Insiders that own company stock include Daniel H Rosenthal, Daniel Manges, Lawrence A Hilsheimer, Mahtiyar Bonakdarpour 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. This page (NASDAQ:ROOT) was last updated on 11/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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