Root (ROOT) Competitors

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$52.18 +1.11 (+2.17%)
As of 04:00 PM Eastern

ROOT vs. HG, PLMR, NMIH, SPNT, and BWIN

Should you buy Root stock or one of its competitors? MarketBeat compares Root with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Root include Hamilton Insurance Group (HG), Palomar (PLMR), NMI (NMIH), SiriusPoint (SPNT), and Baldwin Insurance Group (BWIN). These companies are all part of the "insurance" industry.

How does Root compare to Hamilton Insurance Group?

Hamilton Insurance Group (NYSE:HG) and Root (NASDAQ:ROOT) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, risk, profitability, dividends, media sentiment and valuation.

Hamilton Insurance Group has a net margin of 21.73% compared to Root's net margin of 3.58%. Hamilton Insurance Group's return on equity of 23.19% beat Root's return on equity.

Company Net Margins Return on Equity Return on Assets
Hamilton Insurance Group21.73% 23.19% 6.74%
Root 3.58%19.97%3.39%

In the previous week, Root had 3 more articles in the media than Hamilton Insurance Group. MarketBeat recorded 3 mentions for Root and 0 mentions for Hamilton Insurance Group. Hamilton Insurance Group's average media sentiment score of 0.98 beat Root's score of 0.63 indicating that Hamilton Insurance Group is being referred to more favorably in the media.

Company Overall Sentiment
Hamilton Insurance Group Positive
Root Positive

Hamilton Insurance Group has a beta of 0.45, meaning that its share price is 55% less volatile than the broader market. Comparatively, Root has a beta of 2.88, meaning that its share price is 188% more volatile than the broader market.

29.2% of Hamilton Insurance Group shares are owned by institutional investors. Comparatively, 59.8% of Root shares are owned by institutional investors. 3.0% of Hamilton Insurance Group shares are owned by company insiders. Comparatively, 12.0% of Root shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Hamilton Insurance Group has higher revenue and earnings than Root. Hamilton Insurance Group is trading at a lower price-to-earnings ratio than Root, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hamilton Insurance Group$2.91B1.11$576.67M$6.115.32
Root$1.52B0.54$40.30M$3.3415.62

Hamilton Insurance Group presently has a consensus price target of $34.00, indicating a potential upside of 4.62%. Root has a consensus price target of $93.20, indicating a potential upside of 78.61%. Given Root's higher possible upside, analysts plainly believe Root is more favorable than Hamilton Insurance Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hamilton Insurance Group
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.89
Root
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29

Summary

Hamilton Insurance Group beats Root on 11 of the 17 factors compared between the two stocks.

How does Root compare to Palomar?

Root (NASDAQ:ROOT) and Palomar (NASDAQ:PLMR) are both finance companies, but which is the superior stock? We will compare the two companies based on the strength of their media sentiment, risk, institutional ownership, valuation, profitability, dividends, earnings and analyst recommendations.

Root has a beta of 2.88, meaning that its stock price is 188% more volatile than the broader market. Comparatively, Palomar has a beta of 0.44, meaning that its stock price is 56% less volatile than the broader market.

In the previous week, Palomar had 6 more articles in the media than Root. MarketBeat recorded 9 mentions for Palomar and 3 mentions for Root. Palomar's average media sentiment score of 0.77 beat Root's score of 0.63 indicating that Palomar is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Root
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Palomar
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Palomar has a net margin of 20.11% compared to Root's net margin of 3.58%. Palomar's return on equity of 22.62% beat Root's return on equity.

Company Net Margins Return on Equity Return on Assets
Root3.58% 19.97% 3.39%
Palomar 20.11%22.62%6.60%

Root currently has a consensus target price of $93.20, indicating a potential upside of 78.61%. Palomar has a consensus target price of $147.75, indicating a potential upside of 27.28%. Given Root's higher probable upside, equities analysts clearly believe Root is more favorable than Palomar.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Root
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29
Palomar
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

59.8% of Root shares are owned by institutional investors. Comparatively, 90.3% of Palomar shares are owned by institutional investors. 12.0% of Root shares are owned by company insiders. Comparatively, 3.7% of Palomar shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Palomar has lower revenue, but higher earnings than Root. Root is trading at a lower price-to-earnings ratio than Palomar, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Root$1.52B0.54$40.30M$3.3415.62
Palomar$980.27M3.14$197.07M$7.1816.17

Summary

Palomar beats Root on 12 of the 16 factors compared between the two stocks.

How does Root compare to NMI?

Root (NASDAQ:ROOT) and NMI (NASDAQ:NMIH) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, profitability, valuation, earnings, media sentiment and analyst recommendations.

NMI has lower revenue, but higher earnings than Root. NMI is trading at a lower price-to-earnings ratio than Root, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Root$1.52B0.54$40.30M$3.3415.62
NMI$716.67M4.07$388.93M$4.917.82

NMI has a net margin of 53.82% compared to Root's net margin of 3.58%. Root's return on equity of 19.97% beat NMI's return on equity.

Company Net Margins Return on Equity Return on Assets
Root3.58% 19.97% 3.39%
NMI 53.82%15.18%10.23%

59.8% of Root shares are owned by institutional investors. Comparatively, 94.1% of NMI shares are owned by institutional investors. 12.0% of Root shares are owned by company insiders. Comparatively, 2.4% of NMI shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Root presently has a consensus price target of $93.20, indicating a potential upside of 78.61%. NMI has a consensus price target of $44.80, indicating a potential upside of 16.64%. Given Root's higher probable upside, equities research analysts plainly believe Root is more favorable than NMI.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Root
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29
NMI
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

Root has a beta of 2.88, meaning that its stock price is 188% more volatile than the broader market. Comparatively, NMI has a beta of 0.56, meaning that its stock price is 44% less volatile than the broader market.

In the previous week, NMI had 5 more articles in the media than Root. MarketBeat recorded 8 mentions for NMI and 3 mentions for Root. Root's average media sentiment score of 0.63 beat NMI's score of -0.10 indicating that Root is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Root
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NMI
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

NMI beats Root on 9 of the 16 factors compared between the two stocks.

How does Root compare to SiriusPoint?

Root (NASDAQ:ROOT) and SiriusPoint (NYSE:SPNT) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, dividends, institutional ownership, earnings, valuation, profitability, analyst recommendations and risk.

Root has a beta of 2.88, meaning that its share price is 188% more volatile than the broader market. Comparatively, SiriusPoint has a beta of 0.62, meaning that its share price is 38% less volatile than the broader market.

In the previous week, Root had 3 more articles in the media than SiriusPoint. MarketBeat recorded 3 mentions for Root and 0 mentions for SiriusPoint. Root's average media sentiment score of 0.63 beat SiriusPoint's score of 0.00 indicating that Root is being referred to more favorably in the media.

Company Overall Sentiment
Root Positive
SiriusPoint Neutral

SiriusPoint has higher revenue and earnings than Root. SiriusPoint is trading at a lower price-to-earnings ratio than Root, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Root$1.52B0.54$40.30M$3.3415.62
SiriusPoint$3.21B0.87$459.60M$4.025.89

SiriusPoint has a net margin of 15.38% compared to Root's net margin of 3.58%. Root's return on equity of 19.97% beat SiriusPoint's return on equity.

Company Net Margins Return on Equity Return on Assets
Root3.58% 19.97% 3.39%
SiriusPoint 15.38%16.92%2.88%

Root presently has a consensus target price of $93.20, indicating a potential upside of 78.61%. SiriusPoint has a consensus target price of $28.00, indicating a potential upside of 18.24%. Given Root's higher probable upside, research analysts clearly believe Root is more favorable than SiriusPoint.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Root
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29
SiriusPoint
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

59.8% of Root shares are held by institutional investors. Comparatively, 52.8% of SiriusPoint shares are held by institutional investors. 12.0% of Root shares are held by insiders. Comparatively, 12.2% of SiriusPoint shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Root and SiriusPoint tied by winning 8 of the 16 factors compared between the two stocks.

How does Root compare to Baldwin Insurance Group?

Baldwin Insurance Group (NASDAQ:BWIN) and Root (NASDAQ:ROOT) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, dividends, media sentiment, institutional ownership, valuation, risk, analyst recommendations and earnings.

In the previous week, Baldwin Insurance Group had 3 more articles in the media than Root. MarketBeat recorded 6 mentions for Baldwin Insurance Group and 3 mentions for Root. Baldwin Insurance Group's average media sentiment score of 1.12 beat Root's score of 0.63 indicating that Baldwin Insurance Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Baldwin Insurance Group
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Root
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

77.5% of Baldwin Insurance Group shares are held by institutional investors. Comparatively, 59.8% of Root shares are held by institutional investors. 20.1% of Baldwin Insurance Group shares are held by company insiders. Comparatively, 12.0% of Root shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Root has a net margin of 3.58% compared to Baldwin Insurance Group's net margin of -2.80%. Root's return on equity of 19.97% beat Baldwin Insurance Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Baldwin Insurance Group-2.80% 12.35% 3.43%
Root 3.58%19.97%3.39%

Baldwin Insurance Group has a beta of 1.16, indicating that its stock price is 16% more volatile than the broader market. Comparatively, Root has a beta of 2.88, indicating that its stock price is 188% more volatile than the broader market.

Root has higher revenue and earnings than Baldwin Insurance Group. Baldwin Insurance Group is trading at a lower price-to-earnings ratio than Root, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Baldwin Insurance Group$1.50B2.31-$33.81M-$0.67N/A
Root$1.52B0.54$40.30M$3.3415.62

Baldwin Insurance Group presently has a consensus price target of $28.89, indicating a potential upside of 18.45%. Root has a consensus price target of $93.20, indicating a potential upside of 78.61%. Given Root's higher possible upside, analysts plainly believe Root is more favorable than Baldwin Insurance Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Baldwin Insurance Group
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.55
Root
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29

Summary

Baldwin Insurance Group beats Root on 9 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ROOT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ROOT vs. The Competition

MetricRootINS IndustryFinance SectorNASDAQ Exchange
Market Cap$826.01M$59.31B$13.96B$12.11B
Dividend YieldN/A1.86%5.74%5.81%
P/E Ratio15.6210.9620.2324.00
Price / Sales0.541.68139.81102.74
Price / Cash16.0812.3919.5437.84
Price / Book2.852.022.256.53
Net Income$40.30M$4.24B$1.14B$336.99M
7 Day Performance-8.73%1.55%-0.21%-0.22%
1 Month Performance-9.06%2.45%1.13%0.77%
1 Year Performance-60.23%9.58%15.50%31.57%

Root Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ROOT
Root
3.2913 of 5 stars
$52.18
+2.2%
$93.20
+78.6%
-63.1%$826.01M$1.52B15.621,256
HG
Hamilton Insurance Group
4.1157 of 5 stars
$31.50
-1.3%
$34.00
+7.9%
+51.6%$3.17B$2.91B5.15550
PLMR
Palomar
4.6649 of 5 stars
$113.01
-1.6%
$147.75
+30.7%
-28.3%$3.04B$875.97M15.74150
NMIH
NMI
3.6051 of 5 stars
$37.24
+0.5%
$44.80
+20.3%
-7.8%$2.81B$706.44M7.58234
SPNT
SiriusPoint
3.3099 of 5 stars
$23.13
-1.1%
$28.00
+21.1%
+18.6%$2.75B$3.21B5.751,099

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This page (NASDAQ:ROOT) was last updated on 6/23/2026 by MarketBeat.com Staff.
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