Root - Class A opened higher at $44.03, compared with its previous close of $43.97. In the last trading session, the stock traded between $42.89 and $44.67. It showed a sideways intraday trend.
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An investment of $100 made 5 years ago in Root - Class A is now worth
$ 41.95
Resulting in a loss of
$ 58.05 (58.05%)
Invest with $1
Note: Past profits do not guarantee future returns.
Keefe, Bruyette & Woods lowered Root's price target from $75 to $70. The firm maintained an Outperform rating on the stock. Analyst Thomas McJoynt-Griffith issued the revised recommendation.
7 days ago
5Nov
Root Inc. reports $14M net income and 18% ROE for Q3 2026
Net income reached $14 million, improving from a net loss of $5 million in the prior year. Revenue stood at $381 million, down slightly from $388 million in the prior year period. Partnership channel new writings grew 19% YoY, comprising 52% of total new writings. Annualized return on equity was approximately 18%, with net combined ratio at 97. Company expanded to 38 states with the launch of Wyoming and launched new partnerships.
8 days ago
21Oct
Root Inc expands car insurance to Wyoming, covering 38 states
Root Inc launched auto insurance in Wyoming, its 38th state. The expansion covers 81% of the U.S. population. Company targets full contiguous U.S. coverage by end of 2027. Policies are purchased digitally without a test drive requirement.
22 days ago
4Sep
Root to host investor meetings at KBW and Goldman Sachs conferences
Root to attend KBW Insurance and Goldman Sachs conferences in New York. Management will host one-on-one and group investor meetings. No formal company presentation scheduled at either event. Investor materials available on Root’s IR website.
2mo ago
28Aug
Root cuts Florida auto insurance rates by 15% on average
Root cuts Florida auto insurance rates by 15% on average. Over 52,000 policyholders affected, with avg. savings of $400/year. Total annualized savings estimated at $21 million for the segment. Reduction attributed to 2022-2023 legislative reforms lowering litigation costs.
2mo ago
6Aug
KBW maintains Outperform on Root, cuts price target to $80
KBW analyst Thomas McJoynt-Griffith cuts Root's price target to $80 from $95 but keeps the Outperform rating. The move adjusts valuation expectations while retaining a positive stance on the insurer.
