Streetbeat News

ROOT

Root, Inc.

https://joinroot.com

Industry

Insurance - Property & Casualty

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.

Open

90.34

Mkt cap

1.4B

Volume

571K

High

97.75

P/E Ratio

-83.23

52-wk high

118.15

Low

86.58

Div yield

N/A

52-wk low

7.22

Insurance stocks saw significant movement during Wednesday's intraday session. Gainers included Mercury General (MCY), FG Finl Gr (FGFPP and FGF), Kingstone Companies (KINS), Citizens (CIA), and Brighthouse Finl (BHFAP). Losers included Oscar Health (OSCR), Huize Holding (HUIZ), Cheche Group (CCG), Bright Health Gr (BHG), Hallmark Financial Servs (HALL), and Root (ROOT).

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 5:40 pm

During Friday's intraday session, insurance stocks saw significant movement. Gainers included Reliance Global Group (RELI), Kingstone Companies (KINS), Global Indemnity Group (GBLI), GoHealth (GOCO), SelectQuote (SLQT), and Abacus Life (ABL). Losers included Hallmark Financial Servs (HALL), Root (ROOT), Erie Indemnity (ERIE), Kingsway Financial Servs (KFS), Aon (AON), and United Fire Gr (UFCS).

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 5:40 pm

During Thursday's intraday session, insurance stocks saw significant movement. Gainers included Root (NASDAQ:ROOT), GoHealth (NASDAQ:GOCO), Goosehead Insurance (NASDAQ:GSHD), Assurant, Inc. 5.25% Subordinated Notes due 2061 (NYSE:AIZN), Arch Capital Group (NASDAQ:ACGLN), and American Financial Group, Inc. 5.125% Subordinated Debentures due 2059 (NYSE:AFGC). Losers included Cheche Group (NASDAQ:CCG), Hallmark Financial Servs (NASDAQ:HALL), Oxbridge Re Holdings (NASDAQ:OXBR), Hanover Insurance Gr (NYSE:THG), Tian Ruixiang Holdings (NASDAQ:TIRX), and Kemper (NYSE:KMPR).

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 5:40 pm

During Wednesday's intraday session, several insurance stocks experienced significant movements. Gainers included Cheche Group (CCG), Abacus Life (ABL), American Financial Group (AFGC), Reliance Global Group (RELI), Marpai (MRAI), and Hagerty (HGTY). Losers included Trupanion (TRUP), Root (ROOT), Waterdrop (WDH), Tian Ruixiang Holdings (TIRX), First American Financial (FAF), and Kingstone Companies (KINS).

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 5:40 pm

During Friday's intraday session, several insurance stocks experienced significant movements. Gainers included Cheche Group (CCG), Hippo Holdings (HIPO), Tian Ruixiang Holdings (TIRX), Allstate (ALL), SelectQuote (SLQT), and Kemper (KMPR). Losers included GoHealth (GOCO), Abacus Life (ABL), Heritage Insurance Hldgs (HRTG), Marpai (MRAI), Root (ROOT), and MBIA (MBI).

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 5:40 pm

During Wednesday's intraday session, insurance stocks saw significant movement. Gainers included Root (NASDAQ:ROOT), Kingstone Companies (NASDAQ:KINS), Universal Insurance Hldgs (NYSE:UVE), Maiden Hldgs (NASDAQ:MHLD), Brighthouse Finl (NASDAQ:BHFAN), and Palomar Hldgs (NASDAQ:PLMR). Losers included FG Finl Gr (NASDAQ:FGF), Abacus Life (NASDAQ:ABL), Tian Ruixiang Holdings (NASDAQ:TIRX), Global Indemnity Group (NYSE:GBLI), MBIA (NYSE:MBI), and Cheche Group (NASDAQ:CCG).

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 5:40 pm

Root (NASDAQ:ROOT) has received mixed analyst ratings in the last quarter, with one somewhat bullish rating and three indifferent ratings. The average 12-month price target for Root, according to four analysts, is $11.5, which has increased by 56.89% over the past month.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 7:00 pm

Jefferies analyst Yaron Kinar has maintained a 'Hold' rating on Root (NASDAQ:ROOT) and lowered the price target from $11 to $10.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 6:49 pm

During Wednesday's intraday session, insurance stocks saw significant movement. Gainers included American Coastal (ACIC), White Mountains Insurance (WTM), Root (ROOT), Donegal Gr (DGICA), Arch Capital Group (ACGL), and Axis Capital Holdings (AXS). Losers included Oxbridge Re Holdings (OXBR), FG Finl Gr (FGF), Kemper (KMPR), Investors Title (ITIC), Conifer Holdings (CNFR), and eHealth (EHTH).

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 5:40 pm

Insurance stocks showed mixed performance in Monday's intraday session. Hallmark Financial Servs, Kingstone Companies, Abacus Life, FG Finl Gr, Hippo Holdings, and Tiptree saw gains, while Huize Holding, Waterdrop, Root, Reliance Global Group, Lemonade, and Skyward Specialty experienced losses.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 5:40 pm

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