Market Cap 1.43B
Revenue (ttm) 1.18B
Net Income (ttm) 30.90M
EPS (ttm) N/A
PE Ratio 18.75
Forward PE 26.46
Profit Margin 2.63%
Debt to Equity Ratio 0.56
Volume 383,100
Avg Vol 536,566
Day's Range N/A - N/A
Shares Out 15.45M
Stochastic %K 74%
Beta 2.24
Analysts Sell
Price Target $130.60

Company Profile

Root, Inc. provides insurance products and services in the United States. The company offers automobile and renters insurance products. It operates a direct-to-consumer model; and serves customers primarily through mobile applications and its website. The company's direct distribution channels also cover digital media, independent agents, and referrals, as well as distribution partners. Root, Inc. was incorporated in 2015 and is headquartered in Columbus, Ohio.

Industry: Insurance - Property & Casualty
Sector: Financial Services
Phone: 866 980 9431
Address:
80 E. Rich Street, Suite 500, Columbus, United States
deepdivevalue
deepdivevalue Sep. 7 at 12:15 AM
$ROOT over 35% of the 500B TAM auto market is from IAs & for home it is over 50%. that is why this channel is extremely important for insurers, and that it should not be overlooked. $ROOT is conquering the IA channel due to pricing, tailored platforms for large agencies like $GSHD, quoting to issue in mins even for the most complex policy, speed, efficiency, digital first, etc. many IA's that use $ROOT are now underwriting double digits of $ROOT in their portfolios, and it is quickly becoming the preferred carrier. imagine $ROOT dominating this channel that makes 35% of the 500B auto TAM. now you quickly realize why Timm believes that $ROOT will be the #1 carrier one day.
0 · Reply
KabX
KabX Sep. 6 at 10:15 PM
$ROOT POSITION FILLED: Senior Director of Independent Agents position is no longer available, suggesting a leader has been found for the Independent Agents channel! 🎉 May the acceleration of the IA channel fully commence! 💪
1 · Reply
Rilach
Rilach Sep. 6 at 10:10 PM
$ROOT shorts are working overtime this weekend on spreading fake info & FUD, meanwhile bulls can sleep like a baby knowing $ROOT is going to be one of the largest insurers one day.
0 · Reply
OscarJetson
OscarJetson Sep. 6 at 9:44 PM
$ROOT So here's what's coming Rootie Tooties. The warrants are now officially worthless so CVNA will have a huge writedown on previously booked warrant value that is going to tank their Q3. They now have ZERO incentive to keep ROOT on as their insurance vendor, not "partner". The manufactures that sell inventory to my company are "vendors" not my partner. $CVNA will now be shopping for another insurer to "embed" and at the same time give a big up-front signing commission to offset the warrant losses. Wouldn't be surprised if its $LMND. That will crash Root's new policies by about a third and will also tank renewals as the CVNA policy holders will jump to the new provider when due for renewal. Expect this little bug of an insurance company to slide to about 20 by EOY.
1 · Reply
OscarJetson
OscarJetson Sep. 6 at 9:24 PM
$ROOT Tooties, Comparing this overvalued stock to other overvalued stocks to extrapolate a fantasy value is an irrational rationalization. An "irrationalization". A typical rookie wanna be day trader mistake. It really reeks of desperation flop sweat.
1 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 8:16 PM
$ROOT Let's also compare DUOL which as a market cap of $12.5 billion to ROOT... Make it make sense my friends
0 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 8:15 PM
$ROOT Just compare LMND income statement to ROOT income statement
0 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 8:14 PM
$ROOT LMND makes $600 million of revenue, and consistently loses $200 million per year, yet is valued at 6x sales... market cap is $3.7 billion, while ROOT is at $1.4 billion! haha make it make sense
0 · Reply
OscarJetson
OscarJetson Sep. 6 at 8:04 PM
$ROOT TOOTIES toot nothing but gilded lilies, illusions of Hari Krishna cult like promises of Shangri la and hopium filled promises of a future filled with riches and 99 virgins. The truth is quite the opposite. A ten years history of losses and red ink with only one year of flattish profit. Yes, they have improved, on paper, but are still led by the same CEO that orchestrated all that red ink. Be careful of Kool Aid drinking bulls and companies that only accentuate the positive and eliminate the negative. The "loss ratio" that really matters for this teenie spec of a wanna be insurance company is that there losses equial 56% of revenue! Probably the worst performing financials of any insurance company in history. Would welcome input from followers of the "legacy insurers" that Rootie Tooties claim will soon be bugs under their boot. $PGR $LMND $ALL
0 · Reply
deepdivevalue
deepdivevalue Sep. 6 at 7:51 PM
$ROOT the ultimate bull signal is when you have $CVNA shorts that lost all their money shorting $CVNA in the 100s, shorting $ROOT. no one is dumb enough to short $ROOT with a forward PEG of .1 , a fraction of where competitors trade at with forward PEG of 1-3X+. with a non-existent float where the entire float is tied up, & 1.73M SI, this will break out of range pretty soon.
1 · Reply
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deepdivevalue
deepdivevalue Sep. 7 at 12:15 AM
$ROOT over 35% of the 500B TAM auto market is from IAs & for home it is over 50%. that is why this channel is extremely important for insurers, and that it should not be overlooked. $ROOT is conquering the IA channel due to pricing, tailored platforms for large agencies like $GSHD, quoting to issue in mins even for the most complex policy, speed, efficiency, digital first, etc. many IA's that use $ROOT are now underwriting double digits of $ROOT in their portfolios, and it is quickly becoming the preferred carrier. imagine $ROOT dominating this channel that makes 35% of the 500B auto TAM. now you quickly realize why Timm believes that $ROOT will be the #1 carrier one day.
0 · Reply
KabX
KabX Sep. 6 at 10:15 PM
$ROOT POSITION FILLED: Senior Director of Independent Agents position is no longer available, suggesting a leader has been found for the Independent Agents channel! 🎉 May the acceleration of the IA channel fully commence! 💪
1 · Reply
Rilach
Rilach Sep. 6 at 10:10 PM
$ROOT shorts are working overtime this weekend on spreading fake info & FUD, meanwhile bulls can sleep like a baby knowing $ROOT is going to be one of the largest insurers one day.
0 · Reply
OscarJetson
OscarJetson Sep. 6 at 9:44 PM
$ROOT So here's what's coming Rootie Tooties. The warrants are now officially worthless so CVNA will have a huge writedown on previously booked warrant value that is going to tank their Q3. They now have ZERO incentive to keep ROOT on as their insurance vendor, not "partner". The manufactures that sell inventory to my company are "vendors" not my partner. $CVNA will now be shopping for another insurer to "embed" and at the same time give a big up-front signing commission to offset the warrant losses. Wouldn't be surprised if its $LMND. That will crash Root's new policies by about a third and will also tank renewals as the CVNA policy holders will jump to the new provider when due for renewal. Expect this little bug of an insurance company to slide to about 20 by EOY.
1 · Reply
OscarJetson
OscarJetson Sep. 6 at 9:24 PM
$ROOT Tooties, Comparing this overvalued stock to other overvalued stocks to extrapolate a fantasy value is an irrational rationalization. An "irrationalization". A typical rookie wanna be day trader mistake. It really reeks of desperation flop sweat.
1 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 8:16 PM
$ROOT Let's also compare DUOL which as a market cap of $12.5 billion to ROOT... Make it make sense my friends
0 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 8:15 PM
$ROOT Just compare LMND income statement to ROOT income statement
0 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 8:14 PM
$ROOT LMND makes $600 million of revenue, and consistently loses $200 million per year, yet is valued at 6x sales... market cap is $3.7 billion, while ROOT is at $1.4 billion! haha make it make sense
0 · Reply
OscarJetson
OscarJetson Sep. 6 at 8:04 PM
$ROOT TOOTIES toot nothing but gilded lilies, illusions of Hari Krishna cult like promises of Shangri la and hopium filled promises of a future filled with riches and 99 virgins. The truth is quite the opposite. A ten years history of losses and red ink with only one year of flattish profit. Yes, they have improved, on paper, but are still led by the same CEO that orchestrated all that red ink. Be careful of Kool Aid drinking bulls and companies that only accentuate the positive and eliminate the negative. The "loss ratio" that really matters for this teenie spec of a wanna be insurance company is that there losses equial 56% of revenue! Probably the worst performing financials of any insurance company in history. Would welcome input from followers of the "legacy insurers" that Rootie Tooties claim will soon be bugs under their boot. $PGR $LMND $ALL
0 · Reply
deepdivevalue
deepdivevalue Sep. 6 at 7:51 PM
$ROOT the ultimate bull signal is when you have $CVNA shorts that lost all their money shorting $CVNA in the 100s, shorting $ROOT. no one is dumb enough to short $ROOT with a forward PEG of .1 , a fraction of where competitors trade at with forward PEG of 1-3X+. with a non-existent float where the entire float is tied up, & 1.73M SI, this will break out of range pretty soon.
1 · Reply
OscarJetson
OscarJetson Sep. 6 at 6:53 PM
$ROOT Tooties constantly Toot on here about ROOTs cash reserves. Of course, what they dont ever mention is that liquid reserves are a STATUTORY requirement of every state insurance board and they must maintain that equal to the hihgest standard of any state they operate in. They also dont tell you that root has ZERO investment reserves, and their "legacy competitors" have investments of hundreds of billions of dollars, and make huge profits from those investments. By comparison ROOT is like a meme kid in mom's basement living paycheck to paycheck, like a part time Starbucks barista with a masters in library science. Heres just one. ROOT 20 by Christmas. Progressive Corporation (PGR) is currently valued at approximately $244 per share with a market cap near $143 billion, but its intrinsic value is estimated to be about $445, indicating it may be significantly undervalued by around 81%.
0 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 5:52 PM
$ROOT They pay him 20$ a day to come spam the board with lies and negative sentiment. Ignore or block him
1 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 5:50 PM
$ROOT $1.36B market cap while sales are projected to be $1.6B by end of this year. EBITDA was $40 million last quarter - that’s $160 million annualized. They have $650 million of net cash and liquid investments on their balance sheet. They have the lowest loss ratio across the entire auto industry due to their underwriting technology. Keep it simple guys - this is deeply undervalued.
0 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 5:45 PM
$ROOT Keep barking Dog. Your barking will not move this stock a single dime downwards. We’ll remind each other by end of this year when the stock is well above $150. Till then, keep barking all you want
1 · Reply
OscarJetson
OscarJetson Sep. 6 at 4:48 PM
$ROOT Over last few months, the Tootie in Chief made the false claims that EACH of these are buying ROOT outright. And his minions have supported each silly claim. The pump strategy of the Rooty Tootie meme kid crowd is as successful as the PR strategy of the political party that champions open borders, defund the police, and other brilliant strategies sure to alienate 83.4% of the auto insurance market. It's ok Tooties, you can be sure to capture a sizeable market share of the homely pimpled college girl market, that claims their "safe space" on college campus protest camps in the quad. Until then, feel free to block and report any post you disagree with. Censorship is an important tool of Marxist regimes and twit boards that are closed to dissenting opinion. 1. Tesla 2. Elon Musk individually 3. Amazon 4. Bezos individually 5. Berkshire Hathaway 6. Warren Buffett individually 7. Bill Akman 8. Geico 9. PGR 10. Carvana 11. Garcia individually.
1 · Reply
OscarJetson
OscarJetson Sep. 6 at 4:32 PM
$ROOT I challenge you to repost any statement of mine that is not factually correct. No subjective comments about future metrics that are of course opinions. I say you do not have the intellectual integrity or DD ability to do so. Furthermore, none of you rootie tooties have never had the integrity to do so. You could never explain how "the warrants are worth billions" "forward pe is 4" and many other outright lies and extremist claims. The cult like subservience of the whole tootie crowd is a huge red Kool Aid flag of why this is nothing more than a fabulously overpriced meme stock and a fantastic short opportunity. I would like to invite knowledgeable followers of your much maligned "legacy insurers" like $PGR $TRV $CB $ZURVY to check out the wild wild west of the root board and this great short opportunity. This teenie microcap meme kid company claims it will soon be "bigger than Progressive" and "lowest loss ratios" What do you "legacy" guys think about that?
0 · Reply
OscarJetson
OscarJetson Sep. 6 at 3:38 PM
$ROOT ROOT is a publicly traded financial and should have a culture of total integrity, it doesn't. Same CEO and amateur culture now. A low level guy was able to embezzle over 3% of revenues without notice for a year. “A former marketing executive for Root will spend more than four years in prison for embezzling more than $10.2 million from the Columbus-based auto insurer. Brinson Caleb "BC" Silver, 43, of Culver City, California, spent the money on, among other things, homes in California and Florida, a $1.4 million yacht and an amphibious plane. U.S. District Judge Edmund A. Sargus, Jr. in federal court in Columbus sentenced Silver on Thursday to 51 months (4 years, 3 months) in prison. He pleaded guilty in November to wire fraud and contempt of court, and agreed to pay back the millions he stole. Silver was Root's chief marketing officer from November 2021 through November 2022 and was let go when the insurer laid off 20% of it’s staff.”
0 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 12:43 PM
$ROOT Best loss ratios in the industry based on the data approach. Is it clear?
1 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 12:29 PM
$ROOT https://ir.joinroot.com/static-files/0a89bb64-f6c3-46b3-b99c-79e7bbe377fc @oscarjetson you see this? This is the truth… not the shit and lies you deliberately spread here we will report you if you keep lying
1 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 8:28 AM
$ROOT Guy is a paid basher - everything he says is lies. Here’s Q2 shareholder letter https://ir.joinroot.com/static-files/357cb167-08a2-44ae-902b-e30cbdfa0eba you can see ROOT is consistently profitable and growing for the last 6 quarters, and has a strong balance sheet with $656 million in net cash. Guy is paid to come spread lies so that the shorts avoid ruin. Stocktwits is forum for retail sentiment gauging and manipulation my friends
0 · Reply
Sworntosecrecy
Sworntosecrecy Sep. 6 at 8:13 AM
$ROOT Ignore the idiots 1- This business is growing exponentially. Revenue is up 60% in a year, and is expected to keep growing. 2- More than half the market cap is cash. 3- Produces $40 million of profit per quarter or $160 million per year 4- Has the best loss ratio’s in the entire auto industry 5- Trades at 0.6x EV to Sales. Market cap is 1.4B, but half of that is cash. So EV is around $700-800 million while revenue is around $1.36 billion. LMND trades at around 6x EV to Sales This is a steal, and a very rare opportunity in the market. This dislocation is caused by the low flat aspect of the shares (Sophisticated players can’t load up, which means short sellers can control the price whichever way they please). Remember, shorts hire people to influence sentiment here and deliberately spread lies. Just as jetson cheap dog is doing
0 · Reply
Judy11
Judy11 Sep. 6 at 3:03 AM
$ROOT POs
0 · Reply