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Root Inc. (ROOT)

$53.10

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Key data on ROOT

Market cap

$840376318

EPS

3.38

P/E ratio

16.1

Price to sales

0.55

Dividend yield

--

Beta

2.873684

Price on ROOT

Previous close

$52.18

Today's open

$52.44

Day's range

$51.68 - $54.09

52 week range

$40.91 - $138.31

Profile about ROOT

CEO

Alexander Timm

Employees

1021

Headquarters

Columbus, OH

Exchange

Nasdaq Global Select

Shares outstanding

15826296

Issue type

Common Stock

ROOT industries and sectors

Finance

Insurance

News on ROOT

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

COLUMBUS, Ohio, June 24, 2026 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the leading technology company in car insurance, today announced its plans to host a conference call on Wednesday, August 5, 2026 at 5:00 p.m. Eastern Time to discuss financial results for the second quarter 2026 and provide an update on company operations. The company plans to release its second quarter results in the Investor Relations section of its website at ir.joinroot.com following the close of the financial markets on Wednesday, August 5, 2026.

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GlobeNewsWire • 20 hours ago

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Roots Q1 Earnings Call Highlights

Roots TSE: ROOT reported higher first-quarter sales for fiscal 2026 as growth in its direct-to-consumer business and partner channels helped offset pressure from temporary gross margin headwinds and higher project-related expenses.

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MarketBeat • Jun 12, 2026

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Roots Reports First Quarter Fiscal 2026 Results & Business Update

TORONTO--(BUSINESS WIRE)--Roots (“Roots,” or the “Company”) (TSX: ROOT), a premium outdoor-lifestyle brand, announced today financial results for its first quarter ended May 2, 2026 (“Q1 2026”). All financial results are reported in Canadian dollars unless otherwise stated. Certain metrics, including those expressed on an adjusted basis, are non-IFRS measures. See “Non-IFRS Measures and Industry Metrics” below. Distribution Centre Transition Update In January 2026, the Company announced its str.

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Business Wire • Jun 12, 2026

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Root and Hugo Partner to Expand Access to Affordable Car Insurance for Drivers Seeking Greater Flexibility

New integration combines Hugo's flexible liability insurance with Root's technology-driven full coverage offering New integration combines Hugo's flexible liability insurance with Root's technology-driven full coverage offering

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GlobeNewsWire • Jun 4, 2026

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Root Inc.: Is This AI-Driven Insurer Finally Taking Root?

Root Inc. has transitioned from heavy losses to two consecutive years of profitability, driven by improved underwriting and disciplined operations. ROOT's combined ratio improved from 133.2% to below 100%, with net profits of $40.3M and $30.9M in 2025 and 2024, respectively. Distribution partnerships and better customer selection, as well as telematics, appear to have been key to ROOT's turnaround.

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Seeking Alpha • Jun 1, 2026

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Root Celebrates Back-to-Back Indianapolis 500 Victories Through Partnerships Built on Performance and Innovation

Consecutive Indy 500 wins with two elite racing organizations reinforce Root's focus on innovation, strategic partnerships, and winning at the highest level Consecutive Indy 500 wins with two elite racing organizations reinforce Root's focus on innovation, strategic partnerships, and winning at the highest level

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GlobeNewsWire • May 28, 2026

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Root: Margin Improvements Outweigh Near-Term Top-Line Headwinds

Root (ROOT) leverages AI and telematics for superior risk assessment, driving a Q1 2026 combined ratio improvement to 91.4%. ROOT's embedded business model, especially the Carvana partnership, provides a structural tailwind for policy growth despite sector headwinds. Management guides for slow growth in 2026, but margin improvements and new partnerships like Freeway Insurance support a Buy rating at current valuations.

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Seeking Alpha • May 20, 2026

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Root: 66% Upside As Profitability Accelerates

Root is a data-driven car insurance company showing significant margin improvement and double-digit revenue growth, yet it trades at a deep discount to peers. Q1 delivered a record 14.4% adjusted EBITDA margin and 12.6% revenue growth, with management confident in sustaining similar results for the rest of the year. ROOT's valuation—2.06x EV/EBITDA and 2.75x P/TBV—implies 66% upside to a $94 price target, supported by a $75M buyback authorization.

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Seeking Alpha • May 17, 2026

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Root (ROOT) CEO on Record Quarter, Becoming AI "Disruptor" & CVNA Partnership

Root (ROOT) posted record profits in the latest quarter as the car insurance company seeks to leverage more AI technology with it services. CEO Alex Timm talks about ways the company aims to use evolving tech, calling Root a "disruptor" in the space.

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Root, Inc. (ROOT) Q1 2026 Earnings Call Transcript

Root, Inc. (ROOT) Q1 2026 Earnings Call Transcript

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Seeking Alpha • May 7, 2026

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