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ROOT

ROOT - Root Inc-OH Stock Price, Fair Value and News

60.16USD+0.99 (+1.67%)Market Closed

Market Summary

ROOT
USD60.16+0.99
Market Closed
1.67%

ROOT Stock Price

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ROOT RSI Chart

ROOT Valuation

Market Cap

852.0M

Price/Earnings (Trailing)

-5.78

Price/Sales (Trailing)

1.87

EV/EBITDA

-5.33

Price/Free Cashflow

-25.21

ROOT Price/Sales (Trailing)

ROOT Profitability

EBT Margin

-32.40%

Return on Equity

-88.96%

Return on Assets

-10.94%

Free Cashflow Yield

-3.97%

ROOT Fundamentals

ROOT Revenue

Revenue (TTM)

455.0M

Rev. Growth (Yr)

173.21%

Rev. Growth (Qtr)

68.95%

ROOT Earnings

Earnings (TTM)

-147.4M

Earnings Growth (Yr)

58.83%

Earnings Growth (Qtr)

47.6%

Breaking Down ROOT Revenue

Last 7 days

-4.3%

Last 30 days

10.1%

Last 90 days

571.6%

Trailing 12 Months

1482.1%

How does ROOT drawdown profile look like?

ROOT Financial Health

Debt/Equity

1.8

Debt/Cashflow

-0.11

ROOT Investor Care

Shares Dilution (1Y)

2.13%

Diluted EPS (TTM)

-10.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023295.5M289.9M331.5M455.0M
2022362.2M352.8M332.7M310.8M
2021291.4M259.8M303.1M345.4M
2020372.8M431.5M402.4M346.8M
2019105.0M166.8M228.5M290.2M
201800043.3M
Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Root Inc-OH

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 16, 2024
allison jonathan
sold (taxes)
-865
61.84
-14.00
chief administrative officer
Apr 02, 2024
bonakdarpour mahtiyar
acquired
-
-
14,348
president and cto
Apr 02, 2024
allison jonathan
acquired
-
-
2,147
chief administrative officer
Apr 02, 2024
timm alexander e.
acquired
-
-
20,990
chief executive officer
Apr 02, 2024
binkley megan
sold (taxes)
-44,821
62.08
-722
chief financial officer
Apr 02, 2024
bonakdarpour mahtiyar
sold (taxes)
-403,955
62.08
-6,507
president and cto
Apr 02, 2024
allison jonathan
sold (taxes)
-60,465
62.08
-974
chief administrative officer
Apr 02, 2024
binkley megan
acquired
-
-
1,592
chief financial officer
Apr 02, 2024
timm alexander e.
sold (taxes)
-600,686
62.08
-9,676
chief executive officer
Apr 01, 2024
allison jonathan
sold (taxes)
-341,272
60.52
-5,639
chief administrative officer

1–10 of 50

Which funds bought or sold ROOT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
Gradient Investments LLC
unchanged
-
1,721
2,077
 -%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
reduced
-26.14
1,190,800
1,551,130
 -%
Apr 22, 2024
RAYMOND JAMES & ASSOCIATES
reduced
-92.53
-311,992
240,472
 -%
Apr 18, 2024
Capital Advisors, Ltd. LLC
unchanged
-
16,000
19,000
 -%
Apr 18, 2024
WOLFF WIESE MAGANA LLC
unchanged
-
2,024
2,444
 -%
Apr 17, 2024
Trinity Financial Advisors LLC
unchanged
-
511,465
617,397
 0.28%
Apr 05, 2024
GAMMA Investing LLC
unchanged
-
2,278
2,626
 -%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
unchanged
-
289
3,143
 -%
Mar 11, 2024
VANGUARD GROUP INC
added
0.8
410,437
4,113,960
 -%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
139
214,088
344,812
 -%

1–10 of 40

Are Funds Buying or Selling ROOT?

Are funds buying ROOT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ROOT
No. of Funds

Unveiling Root Inc-OH's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 20, 2024
schusterman interests, llc
3.2%
308,231
SC 13G/A
Feb 14, 2024
svb capital management, llc
8.2%
783,012
SC 13G
Feb 14, 2024
timm alexander e.
10.37%
1,099,458
SC 13G/A
Feb 14, 2024
svb financial group
8.2%
783,012
SC 13G/A
Feb 14, 2024
drive capital overdrive fund i, l.p.
1.2%
112,469
SC 13G/A
Feb 13, 2024
cannell capital llc
7.47%
717,043
SC 13G
Nov 15, 2023
silver lake group, l.l.c.
0%
0
SC 13D/A
Nov 15, 2023
carvana group, llc
39.8%
6,357,352
SC 13D/A
Sep 01, 2023
carvana group, llc
24.9%
3,146,568
SC 13D/A
Aug 07, 2023
carvana group, llc
24.9%
3,146,568
SC 13D/A

Recent SEC filings of Root Inc-OH

View All Filings
Date Filed Form Type Document
Apr 18, 2024
3
Insider Trading
Apr 18, 2024
4
Insider Trading
Apr 16, 2024
8-K
Current Report
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4/A
Insider Trading
Apr 03, 2024
8-K
Current Report
Mar 20, 2024
4
Insider Trading

Peers (Alternatives to Root Inc-OH)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
ARGO
1.0T
1.3B
 -3.06% 3133.49%
-4.8K
761.86
 -10.27% -34.69%
AJG
51.3B
10.1B
 -3.50% 14.70%
52.91
5.1
 17.79% -12.97%
AIG
51.1B
46.8B
 -1.87% 44.64%
14.02
1.09
 -14.05% -64.38%
TRV
48.9B
42.9B
 -4.52% 19.64%
15.57
1.14
 13.52% 12.15%
AFL
48.6B
18.7B
 -0.51% 26.71%
10.44
2.6
 -2.30% 5.45%
ACGL
34.9B
13.6B
 3.42% 29.33%
7.85
2.56
 41.83% 201.02%
AFG
10.8B
7.8B
 -1.14% 7.71%
12.73
1.39
 11.18% -5.12%
MID-CAP
UNM
9.9B
12.4B
 -0.67% 27.01%
7.73
0.8
 3.35% -8.77%
AIZ
9.2B
11.1B
 -1.85% 50.47%
14.32
0.83
 9.21% 132.28%
LNC
4.9B
11.6B
 -2.51% 35.58%
-6.48
0.42
 -38.09% -155.38%
AEL
4.4B
2.8B
 0.20% 50.67%
21.12
1.57
 100.59% -89.04%
SMALL-CAP
BRP
1.6B
1.2B
 -4.27% 12.40%
-18.22
1.35
 24.25% -115.79%
AMSF
974.4M
306.9M
 2.19% -3.93%
15.69
3.18
 4.11% 11.70%
AMBC
657.6M
269.0M
 -3.43% -7.17%
146.13
2.44
 -46.68% -99.14%
AAME
39.2M
186.8M
 -30.94% -16.16%
-229.08
0.21
 -0.56% -111.21%

Root Inc-OH News

Latest updates
Yahoo Finance Australia • 19 Apr 2024 • 10:15 pm
Root, Inc. (ROOT) Rises As Market Takes a Dip: Key Facts
Barchart • 05 Apr 2024 • 07:00 am
Up 675% YTD, What's Behind the Breakout in Root Stock?
Investopedia • 15 Mar 2024 • 07:00 am
5 Growth Stocks Under $50 for March 2024
Seeking Alpha • 01 Mar 2024 • 08:00 am
Root stock climbs after Jefferies upgrades to Buy on improved loss ratio (NASDAQ:ROOT)
Seeking Alpha • 2 months ago
Root, Inc. Q4 Earnings: Current Price Requires Exceptional Growth (NASDAQ:ROOT)
CNN • 2 months ago
ROOT Stock Quote Price and Forecast
Investopedia • 4 months ago
Best Growth Stocks for April 2024
The Business Journals • 10 months ago
Root Inc. receives buyout offer at pennies on its IPO value, Wall Street Journal reports
The Columbus Dispatch • 10 months ago
Root has struggled since going public, with shares down more than 90%
The Wall Street Journal • 10 months ago
Car-Insurance Firm Root Gets Takeover Bid

Root Inc-OH Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue69.0%194,800,000115,300,00074,800,00070,100,00071,300,00073,700,00080,400,00085,400,00093,200,00093,800,00089,800,00068,600,00050,900,00050,500,000121,400,000124,000,000106,500,00079,600,00062,700,00041,400,000-
Operating Expenses38.7%207,100,000149,300,000100,000,00099,900,000119,000,000130,800,000166,700,000157,400,000185,100,000220,700,000261,900,000162,900,000139,400,000116,200,000152,600,000223,900,000185,300,000166,500,000107,600,00090,900,000-
  S&GA Expenses102.3%26,500,00013,100,0006,100,0003,600,0003,200,0008,100,00021,400,00015,300,00024,700,00065,400,000111,700,00068,400,00049,600,00036,900,00017,400,00035,800,00036,000,00034,400,00023,200,00016,000,000-
EBITDA Margin48.0%-0.19-0.37-0.51-0.70-0.80-0.93-1.07-1.28-1.40-1.54-1.56-0.91-0.78-0.65-0.68-0.82-0.88-0.30-0.41-0.64-1.56
Interest Expenses-0.8%11,700,00011,800,00011,500,00011,100,00010,600,0009,300,0009,200,0005,500,0002,100,0006,100,0006,500,0005,300,00044,800,00019,500,0007,700,0005,700,0006,400,00013,300,0002,400,000200,000-
Income Taxes----------------------
Earnings Before Taxes47.6%-24,000,000-45,800,000-36,700,000-40,900,000-58,300,000-66,400,000-95,500,000-77,500,000-109,900,000-133,000,000-178,600,000-99,600,000-133,300,000-85,200,000-38,900,000-105,600,000-85,200,000-100,200,000-47,300,000-49,700,000-
EBT Margin40.9%-0.32-0.55-0.70-0.88-0.96-1.05-1.18-1.38-1.51-1.80-1.91-1.23-1.05-0.78-0.76-0.91-0.97-0.30-0.41-0.66-1.60
Net Income47.6%-24,000,000-45,800,000-36,700,000-40,900,000-58,300,000-66,400,000-95,500,000-77,500,000-109,900,000-133,000,000-178,600,000-99,600,000-133,300,000-85,200,000-38,900,000-105,600,000-85,200,000-100,200,000-47,300,000-49,700,000-
Net Income Margin40.9%-0.32-0.55-0.70-0.88-0.96-1.05-1.18-1.38-1.51-1.80-1.91-1.23-1.05-0.78-0.76-0.91-0.97-0.30-0.41-0.66-1.60
Free Cashflow215.8%46,100,00014,600,000-10,600,000-83,700,000-46,700,000-59,000,000-53,700,000-51,200,000-41,400,000-138,600,000-136,700,000-91,300,000-192,500,000-32,600,000-16,400,000-47,500,000-57,400,000----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32019Q4
Assets8.7%1,3481,2401,1951,2011,3131,3841,4801,5631,3191,5251,5881,7041,762839729
    Cash Equivalents6.8%6796356286797628218879367078359741,1071,114219417
Liabilities12.5%1,070951869845924941980983671889826770730849542
  Long Term Debt0.2%299298297296295294292291-202197192188220192
Shareholder's Equity-6.4%1661772142442773223814685366367629341,031--
  Retained Earnings-1.4%-1,715-1,691-1,645-1,608-1,567-1,500-1,436-1,346-1,270-1,159-1,026-847-748-614-385
  Additional Paid-In Capital0.5%1,8831,8751,8661,8571,8511,8381,8291,8191,8061,7941,7871,7811,77640.0011.00
Shares Outstanding-0.7%14.0015.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.004.002.002.00
Float---80.00---188---1,205-934--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32018Q4
Cashflow From Operations215.8%46,10014,600-10,600-83,700-46,700-59,000-53,700-51,200-39,100-137,800-135,600-90,900-192,400-32,400-16,200-46,200---
  Share Based Compensation4.3%4,9004,7005,2002,5008,7007,8007,4006,6004,6007,5004,9002,3001,800800500600---
Cashflow From Investing107.1%500-7,000-40,100900-10,900-3,9004,500-6,300-6,4007001,30081,300-11,000-3,800-4,000-95,300---
Cashflow From Financing-966.7%-3,200-300-600---3,000100286,200-82,600-1,9001,1003,1001,098,40013,100-500-12,500---
  Buy Backs--------------------

ROOT Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:   
Net premiums earned$ 399.9$ 285.9$ 310.3
Net investment income30.26.25.0
Net realized gains on investments0.00.52.4
Fee income23.416.520.9
Other income1.51.76.8
Total revenues455.0310.8345.4
Operating expenses:   
Loss and loss adjustment expenses331.3351.0392.3
Sales and marketing49.348.0270.2
Other insurance expense (benefit)47.6(8.0)5.0
Technology and development44.855.565.5
General and administrative83.3127.497.6
Total operating expenses556.3573.9830.6
Operating loss(101.3)(263.1)(485.2)
Interest expense(46.1)(34.6)(20.0)
Loss on early extinguishment of debt0.00.0(15.9)
Loss before income tax expense(147.4)(297.7)(521.1)
Income tax expense0.00.00.0
Net loss(147.4)(297.7)(521.1)
Other comprehensive income (loss):   
Changes in net unrealized gains (losses) on investments3.3(6.2)(5.2)
Comprehensive loss$ (144.1)$ (303.9)$ (526.3)
Loss per common share: basic (both Class A and B) (in dollars per share)$ (10.24)$ (21.11)$ (37.76)
Loss per common share: diluted (both Class A and B) (in dollars per share)$ (10.24)$ (21.11)$ (37.76)
Weighted-average common shares outstanding: basic (both Class A and B) (in shares)14.414.113.8
Weighted-average common shares outstanding: diluted (both Class A and B) (in shares)14.414.113.8

ROOT Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Investments:  
Fixed maturities available-for-sale, at fair value (amortized cost: $168.4 and $134.2 at December 31, 2023 and December 31, 2022, respectively)$ 165.9$ 128.4
Short-term investments (amortized cost: $0.9 and $0.4 at December 31, 2023 and December 31, 2022, respectively)0.90.4
Other investments4.44.4
Total investments171.2133.2
Cash and cash equivalents678.7762.1
Restricted cash1.01.0
Premiums receivable, net of allowance of $4.0 and $2.8 at December 31, 2023 and December 31, 2022, respectively247.1111.9
Reinsurance recoverable and receivable, net of allowance of $1.8 and $0.2 at December 31, 2023 and December 31, 2022, respectively125.3148.8
Prepaid reinsurance premiums48.274.2
Other assets76.281.7
Total assets1,347.71,312.9
Liabilities:  
Loss and loss adjustment expense reserves284.2287.4
Unearned premiums283.7136.5
Long-term debt and warrants299.0295.4
Reinsurance premiums payable54.4119.8
Accounts payable and accrued expenses65.639.7
Other liabilities83.145.0
Total liabilities1,070.0923.8
Commitments and Contingencies (Note 13)
Redeemable convertible preferred stock, $0.0001 par value, 14.1 shares issued and outstanding at December 31, 2023 and December 31, 2022 (redemption value of $126.5) (Note 11)112.0112.0
Stockholders’ equity:  
Additional paid-in capital1,883.41,850.7
Accumulated other comprehensive loss(2.5)(5.8)
Accumulated loss(1,715.2)(1,567.8)
Total stockholders’ equity165.7277.1
Total liabilities, redeemable convertible preferred stock and stockholders’ equity1,347.71,312.9
Class A Shares  
Stockholders’ equity:  
Common stock0.00.0
Class B Shares  
Stockholders’ equity:  
Common stock$ 0.0$ 0.0

About Root Inc-OH

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.
 CEO
 WEBSITEhttps://joinroot.com
 INDUSTRYInsurance Property & Casualty
 EMPLOYEES765

Root Inc-OH Frequently Asked Questions

What is the ticker symbol for Root Inc-OH? What does ROOT stand for in stocks?

ROOT is the stock ticker symbol of Root Inc-OH. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Root Inc-OH (ROOT)?

As of Tue Apr 23 2024, market cap of Root Inc-OH is 852.05 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ROOT stock?

You can check ROOT's fair value in chart for subscribers.

What is the fair value of ROOT stock?

You can check ROOT's fair value in chart for subscribers. The fair value of Root Inc-OH is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Root Inc-OH is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ROOT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Root Inc-OH a good stock to buy?

The fair value guage provides a quick view whether ROOT is over valued or under valued. Whether Root Inc-OH is cheap or expensive depends on the assumptions which impact Root Inc-OH's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ROOT.

What is Root Inc-OH's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, ROOT's PE ratio (Price to Earnings) is -5.78 and Price to Sales (PS) ratio is 1.87. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ROOT PE ratio will change depending on the future growth rate expectations of investors.