Analysts Offer Insights on Financial Companies: Root (ROOT) and IREN (IREN)
TipRanks (Fri, 28-Aug 8:30 AM ET)
Root Reduces Auto Insurance Rates by 15% in Florida, Citing Impact of Legal Reforms
Globe Newswire (Thu, 27-Aug 4:05 PM ET)
Globe Newswire (Wed, 12-Aug 9:05 AM ET)
Root, Inc. Highlights Technology-Led Growth and Opens Q2 2026 with Key Shareholder Updates
Market Chameleon (Thu, 6-Aug 3:46 AM ET)
Root, Inc. Announces 2026 Second Quarter Results
Globe Newswire (Wed, 5-Aug 4:25 PM ET)
RWX Raises $12M Series A to Scale the Dev Cloud for AI-Driven Engineering
Business Wire (Tue, 4-Aug 7:44 AM ET)
Root Launches Behavior-Based Car Insurance in New Jersey, Expanding Footprint to 37 States
Globe Newswire (Wed, 22-Jul 9:14 AM ET)
Root and Jerry Partner to Deliver Fully Embedded, End-to-End Car Insurance Experience
Globe Newswire (Wed, 8-Jul 9:00 AM ET)
Root, Inc. Schedules Conference Call to Discuss Second Quarter 2026 Financial Results
Globe Newswire (Wed, 24-Jun 4:05 PM ET)
Globe Newswire (Thu, 4-Jun 4:05 PM ET)
Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. It generates revenue from the sales of auto insurance policies within the United States.
Root trades on the NASDAQ stock market under the symbol ROOT.
As of August 28, 2026, ROOT stock price climbed to $56.52 with 68,402 million shares trading.
ROOT has a beta of 1.43, meaning it tends to be more sensitive to market movements. ROOT has a correlation of 0.13 to the broad based SPY ETF.
ROOT has a market cap of $894.27 million. This is considered a Small Cap stock.
Last quarter Root reported $389 million in Revenue and $1.49 earnings per share. This fell short of revenue expectation by $-6 million and exceeded earnings estimates by $.82.
In the last 3 years, ROOT traded as high as $181.14 and as low as $7.22.
The top ETF exchange traded funds that ROOT belongs to (by Net Assets): IWM, VTI, VXF, IWO, VTWO.
ROOT has underperformed the market in the last year with a return of -36.5%, while SPY returned +20.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ROOT shares. However, ROOT has outperformed the market in the last 3 month and 2 week periods, returning +4.4% and +13.4%, while SPY returned +2.8% and -1.1%, respectively. This indicates ROOT has been having a stronger performance recently.
ROOT support price is $52.66 and resistance is $57.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ROOT shares will trade within this expected range on the day.