Root Inc Stock Today
| ROOT Stock | USD 99.06 2.80 2.75% |
Performance13 of 100
| Odds Of DistressLess than 29
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Root is selling for under 99.06 as of the 28th of November 2024; that is 2.75 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 87.21. Root has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Root Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Insurance | IPO Date 28th of October 2020 | Category Financial Services | Classification Financials |
Root, Inc. provides insurance products and services in the United States. The company was incorporated in 2015 and is headquartered in Columbus, Ohio. Root operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. The company has 10.7 M outstanding shares of which 1.49 M shares are at this time shorted by private and institutional investors with about 0.96 trading days to cover. More on Root Inc
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Root Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President CTO | Mahtiyar Bonakdarpour | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Property & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NASDAQ Composite, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsRoot can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Root's financial leverage. It provides some insight into what part of Root's total assets is financed by creditors.
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Root Inc (ROOT) is traded on NASDAQ Exchange in USA. It is located in 80 East Rich Street, Columbus, OH, United States, 43215 and employs 680 people. Root is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.54 B. Root Inc conducts business under Insurance sector and is part of Financials industry. The entity has 10.7 M outstanding shares of which 1.49 M shares are at this time shorted by private and institutional investors with about 0.96 trading days to cover.
Root Inc currently holds about 886.1 M in cash with (33.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 62.55.
Check Root Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Root Inc is $1.54 Billion. The majority of Root Inc outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Root Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Root. Please pay attention to any change in the institutional holdings of Root Inc as this could imply that something significant has changed or is about to change at the company. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Root Ownership Details
Root Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Renaissance Technologies Corp | 2024-09-30 | 185.8 K | |
| Driehaus Capital Management Llc | 2024-06-30 | 177.4 K | |
| State Street Corp | 2024-06-30 | 176.4 K | |
| Dragoneer Investment Group, Llc | 2024-09-30 | 154.3 K | |
| Trexquant Investment Lp | 2024-06-30 | 145.6 K | |
| Jpmorgan Chase & Co | 2024-06-30 | 114.2 K | |
| Lakewood Capital Management, Lp | 2024-09-30 | 94.2 K | |
| Cubist Systematic Strategies, Llc | 2024-09-30 | 90.1 K | |
| Qube Research & Technologies | 2024-06-30 | 78.6 K | |
| Ribbit Management Company, Llc | 2024-09-30 | 1.7 M | |
| Svb Financial Group | 2024-06-30 | 783 K |
Root Historical Income Statement
Root Stock Against Markets
Root Corporate Management
| Tom Kuhn | Director Communications | Profile | |
| Jason Shapiro | Senior Development | Profile | |
| Michele Streitmatter | Chief Officer | Profile | |
| Jonathan Allison | Chairman Counsel | Profile | |
| Robert Bateman | Chief Officer | Profile | |
| Daniel Manges | CoFounder Advisor | Profile |
Additional Tools for Root Stock Analysis
When running Root's price analysis, check to measure Root's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Root is operating at the current time. Most of Root's value examination focuses on studying past and present price action to predict the probability of Root's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Root's price. Additionally, you may evaluate how the addition of Root to your portfolios can decrease your overall portfolio volatility.