Exchange: NASDAQ·Updated 07:30 PM EST
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ROOT Root Inc

$53.87
$2.14
(4.14%)
Today
Closed $53.87
$0.00
(0.00%)
After Hours
EarningsNov 4
Mkt Cap$801.14M
Vol241,811.00

About ROOT

Root, Inc. is a technology insurance company, which engages in the provision of insurance services. It offers mobile telematics and technology platforms to segment individual risk based on complex behavioral data and customer experience to make pricing decisions and grow businesses. It provides insurance products and services in the United States. The company was founded by Alexander E. Timm and Daniel Manges in February 2015 and is headquartered in Columbus, OH.
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Bullish Sentiment

How do you feel about ROOT?

KabX
$ROOT is expanding its Premium Assistance Program into its NINTH state! 🚀 The program allows participating third parties to pay all or part of a customer's insurance premium. Think about the advantage when paired with an auto manufacturer. When someone buys a vehicle, insurance is another major expense. If the manufacturer covers that premium through $ROOT, it effectively lowers the customer's cost of ownership. If fully covered, the customer gets insurance at no additional cost for that period. It's a win for the customer, an added selling point for the manufacturer, and another customer acquisition channel for $ROOT. Hyundai seems like the likely partner behind the Kansas filing, given the existing relationship, but the memo only identifies a top 5 vehicle manufacturer. It could still be someone else! 👀
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RigDrop
$ROOT two weeks until the scholars on this board calling for 40,35,30 look even more dumb than they sound
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ValueInvestingEasily
$ROOT All you shorts had better be covering today. Even a zero growth quarter will deliver 35 million net income and collapse the PE ratio down to 7.5. If they announce renewed buyback it’s going to be a battle to buy back those 2 million shares
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ValueInvestingEasily
$ROOT Can’t wait to see the 30 million in net income. Maybe certain trolls will finally leave the board and stop spreading FUD
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MoneyBlisss
I remember when $ROOT had its INSANE run up and many traders were going crazy. Funny how some stocks get that hype. $SPY
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Tonyikan
$ROOT first time for everything. Was in Albuquerque NM the other day and heard my very first Root radio commercial (unfortunately the next commercial was Allsnake). Roots not in my state so look forward to hearing their advertising.
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ready_tom007
$ROOT Root will just deliver the projected numbers next week with no significant profit. The market will react by dropping us 20%. Volume is close to zero, and most of the remaining watchers see it the exact same way. Still the same boring PR, a fireside chat? Is Timm serious? Nobody, absolutely nobody cares anymore :-)
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KabX
$ROOT Hyundai Secure+ officially approved as a trademark as of 10/16. Doubt on this relationship is gone.
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ready_bum_007
$ROOT an official ER prediction for all feverishly awaiting. Current batting average is 0.000. This mook couldn’t hit a beach ball with a telephone pole.
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ValueInvestingEasily
$ROOT Just 14 days until market wakes up to how cheap it is. PIF may be flat, but net income will approach 30 million. TTM net income will be 100 million and the PE ratio will be about 7.5.
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NRG8
$ROOT Having originally made significant investments in $ROOT between $5 - $8, we sold 50% of those investments at approx. $120. In the last month we've doubled our holdings in $ROOT as the business is now substantially undervalued again. Good luck to fellow $ROOT investors! .
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KabX
$ROOT lands another great agency partnership! $ROOT is officially partnered with Florida's #1 Insurance Franchise, GreatFlorida Insurance! With 140 offices across Florida and a network built over 35 years, GreatFlorida gives $ROOT another established distribution channel to reach the 19 million drivers across the state.
6
baycapital
Notable that $ROOT is among the top 25 auto insurers in market share now. And of those, they both moved up the most spots on the list and did so with the lowest gross loss ratio. They will pass Amica soon, who has been selling car insurance for 119 years.
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Vision2024
$ROOT in my distraction I just noticed my first ever ROOT tv commercial air on CNbC Fastmoney at 5:52
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DonCornelious82
$ROOT The cringe factor of this man child and his company is perverse. Root is not a business, it's a woke culture warrior. "Taking on discrimination in the insurance industry". He's using adoption of a child as a PR stunt. This is just so wrong. He and his Hubbie are treating a child like a pet and a virtue signaling publicity tool. I feel so sorry for that child. Hopefully social services will see this and give the child to a worthy home. How any of you trust this man is beyond me. Hey why didn't you repost this sick PR post like you do every bulletin from the PR department?
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CivilWriter
$ROOT two very desperate bears going into earnings, the big money has made their adjustments and I am optimistic about this and the next ER, cup and handle and heading for golden cross, heading back to growth too I think. 40% yoy gets a lemonade valuation which puts this at $225, spyware and koolaid be damned
4
Test_testy
$ROOT Amazing that $ROOT CEO total compensation for the year is in the 8-10M$ range .. CTO CFO too around 5M$+ ... perhaps they deliberately kept the stock down to grant themselves massive stock grants at lower prices for a couple of years here before doing anything about it.. anyway they are comfortably pulling massive Total compensation.. just look at how Alex and the CFO show up on earnings calls.. The stock should be at LMND 3-5B$ market cap and LMND should be at ROOT's current market of 800M$ but its the other way around purely based on Leadership.. LMND C Level is top class for milking so much from so little while Alex Timm CEO , CTO, CFO pulling in mega t comp not bothered about shareholders.. Employees also seem happy coz its 100% remote etc .. its the general shareholders who have gotten screwed by Executive team
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RigDrop
$ROOT the shit stain of society don cornelious is instructing people that bashing bears is not ok yet he can come on here and bash the CEO and the company and that’s totally OK. This guy is a mouth breather and a hyprocrite packed into one useless body
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ready_tom007
$ROOT Think what you want, but it's absolutely obvious we're heading below $40 after Q3. It's simply too early and everything is just slowly getting off the ground. That's why there's zero buying pressure at these current prices. Progressive is trading at a 10 P/E today. If the trailing EPS is around $4 and the P/E is 10, we are comfortably sitting under $40. Are you guys going to buy then?
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MemeThis
$ROOT Better a patient person than a warrior, one who controls their temper than one who takes a city
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