Root

ROOT · NASDAQ

$52.53+$0.21 (+0.40%)TodayMarket closed ·
Prev close $52.32

About ROOT

Root, Inc. is a technology insurance company, which engages in the provision of insurance services. The company is headquartered in Columbus, Ohio and currently employs 1,256 full-time employees. The company went IPO on 2020-10-28. The company provides direct-to-consumer insurance products to customers. The company offers auto and renters insurance products underwritten by Root Insurance Company and Root Property & Casualty. The company primarily reaches customers through two channels: direct and partnership. The direct channel drives volume for high-intent customers, meeting customers on platforms that they use, such as search engines or select marketplace platforms, while actively shopping for insurance. The partnership channel provides differentiated access to high-intent customers, primarily in the automotive, financial services, and independent agent sectors. The company provides automobile and renters insurance products primarily through its websites, mobile app, and partnership channel, including its embedded insurance product and its independent agent platform. The company utilizes its platform to gather customer data in order to determine whether or not to write and how to price its insurance products.

Employees
1,256
Headquarters
Columbus, Ohio
Listed
Oct 28, 2020
Sector
Financials
Industry
Insurance

ROOT key statistics

Market cap
813.53M
Price-earnings ratio
14.78
Dividend yield
—
Average volume
200.19K
Volume
157.71K
Open price
$52.42
High today
$53.38
Low today
$51.87
52 Week high
$91.00
52 Week low
$40.91

Root (ROOT) at a glance

As of Oct 20, 2026, Root (ROOT) shares are priced at $52.53, giving the company a market cap of 813.53M and a price-to-earnings ratio of 14.78.

Today the stock has traded between $51.87 and $53.38. The current price is 1.3% above the day's low and 1.6% below its high.

Volume so far is 157.71K shares, below the average of 200.19K shares a day.

Over the past year Root has ranged from $40.91 to $91.00, and now sits 23% of the way up that range.

Root met or beat analyst EPS estimates in 8 of the last 8 quarters. In Q2 FY26 it reported $1.49 per share against an estimate of $0.8464.

The average analyst price target is $61.40, 16.9% above the current price, from 4 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

25%of 4 analyst ratings say Buy
  • Buy25.0%
  • Hold75.0%
  • Sell0.0%
Price target · 7 analystsAvg $61.40
Low
$50.50
Now
$52.53
High
$84.00

ROOT earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 8 of the last 8 quarters, by 176.0% on average.

  1. Q3 FY24: reported $1.35 per share against an estimate of -$1.00
  2. Q4 FY24: reported $1.30 per share against an estimate of -$0.4537
  3. Q1 FY25: reported $1.07 per share against an estimate of $0.3441
  4. Q2 FY25: reported $1.29 per share against an estimate of $0.5688
  5. Q3 FY25: reported -$0.35 per share against an estimate of -$0.5035
  6. Q4 FY25: reported $0.31 per share against an estimate of -$0.3142
  7. Q1 FY26: reported $2.09 per share against an estimate of $0.858
  8. Q2 FY26: reported $1.49 per share against an estimate of $0.8464

ROOT news

  • Press releaseGlobe Newswire

    Root, Inc. Schedules Conference Call to Discuss Third Quarter 2026 Financial Results

  • Press releaseGlobe Newswire

    Root Insurance and Carvana Extend Embedded Insurance Agreement

  • Press releaseGlobe Newswire

    Root, Inc. Announces 2026 Second Quarter Results

  • Press releaseBusiness Wire

    RWX Raises $12M Series A to Scale the Dev Cloud for AI-Driven Engineering

  • Press releaseGlobe Newswire

    Root, Inc. Schedules Conference Call to Discuss Second Quarter 2026 Financial Results

  • Tim Melvin

    5 Small-Cap Stocks to Buy No Matter the Headlines

  • Press releaseGlobe Newswire

    Root, Inc. Announces 2026 First Quarter Results

  • Kaustubh Bagalkote

    Why Carvana Stock Is Revving Up On Friday?

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.