Exchange: NASDAQ·Updated 06:30 PM EDT
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ROOT Root Inc

$49.20
$0.37
(0.76%)
Today
Closed $49.12
$0.08
(0.16%)
After Hours
EarningsNov 4
Mkt Cap$754.99M
Vol222,053.00

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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Bearish Sentiment

How do you feel about ROOT?

KabX
THIS IS IT - THIS IS JUST THE START OF THE NATIONWIDE ROLL OUT! $ROOT, powering Hyundai's Secure+ Insurance product, is now LIVE at 14 Arizona Hyundai dealerships! Every new lease or purchase in AZ comes with 6 months of $ROOT insurance at no cost! This is an incredible way to get people instantly introduced to $ROOT and put them behind the wheel with $ROOT as their insurer from day one. They get 6 months to experience the product, pricing, and telematics firsthand - once that free period ends, $ROOT has already established the relationship and has an opportunity to retain them as a long-term policyholder. Great find ! h/t
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KabX
Those losses happened while $ROOT was building and scaling the business. The market already knows about them, and that history is already reflected in the current valuation. What matters for an investor buying today is from here going forward. Can $ROOT sustain profitability? Can earnings grow? Can it generate capital, improve underwriting and grow without giving up those margins? The answer is a resounding "YES!" A company's historical losses don't prevent it from becoming a profitable business today. The question isn't how much $ROOT lost in the past, it's what the business can earn from here. Keep trying to make up stupid reasons to make noise.
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KabX
Interesting. 👀 Former $ROOT Sr. Compliance Manager that left in 2021, later joined $LMND to be their Insurance Operations Manager for Pet in 2023, later being promoted to a Sr. Manager, Insurance Operations, is now returning back to $ROOT to be their Sr. Manager of State Management Operations.
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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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ValueInvestingEasily
$ROOT The genius speaks again! This company with ~350 million in net tangible assets should trade at a market cap of $570 million. Oh, and yes, they are earning 100 million net income+ per year! High intellect moves for sure. Go ahead and short it, spend that 10% on margin per year to get burned
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DonCornelious82
$ROOT The new Carvana warrant extortion could be disaster for Q3 er. The warrant expense may crush earnings. As these were gifted already close to in the money as opposed to the original warrants with some exercising at over $500, the warrant expense could be quite large. Ad spend seems to be increasing again, they stated premium prices will be cut, competition is getting worse, and there's the little inflation problem. All of those point to potentially dismal earnings. But keep up your blind faith Tooties. says Timmy is going to a "conference". That will save them!
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Echoeszzz
$ROOT This social network seems full of absolute gutter-level drivel. If you ever wonder why some retards sell, this pathetic sandbox gives you the answer. Maybe try analyzing the company and all its moving parts before opening your beak. And perhaps learn to listen and, more importantly, have the patience to set your expectations according to the company’s actual development timeline. I genuinely don’t see how patient holders won’t be rewarded here. At the current market cap, the stock’s fair value looks capable of being 2–3x higher even with flat growth, while the actual development prospects are increasingly compelling.
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Economist01
$ROOT The vulnerability to minor attacks by short sellers is staggering. I assume this will continue for another two to three quarters.
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DonCornelious82
$ROOT Looks like is the only one that thinks the silly Hyundai deal is good. The market sure the fuck doesn't think it's good.
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ValueInvestingEasily
$ROOT Technicals are investing horoscopes. If PIF increased 30,000 this quarter, would it matter if the 50 DMA crossed the hundred day or whatever? No it would not. Even if you assume 0 profit for Q4, with Q3 likely being in the territory of 30 million net income you are looking at annual EPS of $6. PE ratio is 7
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Tonyikan
$ROOT this actually helps investors now because they can deduct past losses against future earnings without paying the tax liability until profits exceed past losses.
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ready_tom007
$ROOT Welcome to Timm's house of horrors. The price will drop below $40 by Q3, and after Q3 we are heading back to $30, whether you like it or not. No one will be left here after that, and that's the whole point. Good luck everyone ;-)
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TheWeekender
$ROOT Did anybody watch the Chiefs & Colts game last night? Did you see the ROOT commercial? When my alarm clock went off this morning, I woke up to a ROOT commercial on the radio. We will see.
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sayiptony
$ROOT i said this before, i see very few long opportunities in this frothy market and ROOT is one. I ask you the same, What’s your interest in this company? There are obviously more interesting short opportunities in the merket and there’s very little mest left in $ROOT. IM sure you know it. So what makes you spend your whole day in this board? I cant see any other reason than someone paying you 5c per post. Careful with that job, time to reskill , AI is coming to steal your job at that.
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RustyKuntz
$ROOT Fuck can't believe I'm in this nightmare 15 months and it just gets worse by the day. I hope Timmy gets a perforation in that sweet little ass.
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DonCornelious82
$ROOT you can be sure that anything says is a complete fabrication. He keeps saying TTM net earnings are $100M when the black and white fact is they are $61M. And he crows about that $350M shareholder equity that he used to say is unencumbered cash runway. We embarrassed him enough about that that he finally stopped the lie that it was cash. He is the substitute Kevin and assistant Kool Aid mixer to
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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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baycapital
$ROOT Nice to see market not reacting yet to Hyundai partnership. Gives my other investments time to bear fruit, profit and buy more Root.
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Economist01
$ROOT The good news keeps falling into place like pieces of a puzzle. And yet, apparently nobody got the memo. I’ll admit, it’s frustrating.
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ValueInvestingEasily
$ROOT People said root growth was dead at the flat PIF a year ago. It then added 15,000+ PIF a quarter up until this last quarter. There are stalled growth large insurers selling at 10 PE ratio. If root can get $3 EPS between the next two quarters the annual EPS is $7 and PE ratio would be 50% lower than comparable companies
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