ROOT Stock Recent News

Since the start of 2024, Root's (ROOT 7.86%) stock has surged 1,262% higher. The surge reflects the disruptive insurance company's solid progress in several key areas.

Canadian charity Jack.org, the International Association for Youth Mental Health, and partners will lead Vancouver conference on March 18th-21st to develop a blueprint for global action on youth mental health Canadian charity Jack.org, the International Association for Youth Mental Health, and partners will lead Vancouver conference on March 18th-21st to develop a blueprint for global action on youth mental health

Root (ROOT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Root Insurance's profitability and growth have led to a re-rating from Buy to Hold due to increased share price and tariff uncertainties. Q4 showed revenue growth and an improved balance sheet, but increased expenses led to a slight EPS decline. Debt refinancing reduced interest expenses, enhancing future earnings potential, while tangible book value per share increased.

Root, Inc. (NASDAQ:ROOT ) Q4 2024 Results Conference Call February 26, 2025 5:00 PM ET Company Participants Matt LaMalva - Head, Investor Relations Alex Timm - Co-Founder & Chief Executive Officer Megan Binkley - Chief Financial Officer Conference Call Participants Tommy McJoynt - KBW Elyse Greenspan - Wells Fargo Operator Greetings and welcome to Root Inc. Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Insurance company Root Inc ROOT reported fourth-quarter financial results after market close Wednesday.

COLUMBUS, Ohio, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the fourth quarter and full year ended December 31, 2024. The company's latest financial results, along with management commentary, is detailed in the shareholder letter available on Root's investor relations website. An updated investor presentation is also accessible. Both can be found at ir.joinroot.com .

Does Root, Inc. (ROOT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Despite Root's profitability surge, the stock is overvalued due to unsustainable loss ratios and the stagnant auto insurance market. My DCF analysis indicates Root needs 20-40% sustained growth and industry-leading loss ratios to justify the current price. Root's Q4 earnings are expected to show improved EPS and revenue, but sequential declines suggest cautious optimism.

FARM, ROOT, ROKU, FINW and PFIS have been added to the Zacks Rank #1 (Strong Buy) List on February 18, 2024.