Root

Root, Inc. operates as a technology company in the insurance industry. The firm offers mobile telematics and technology platform to segment individual risk based on complex behavioral data and a customer experience to make pricing decision and grow business. 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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Root Inc. achieves profitability and plans for growth in 2023

Root Inc.'s Q4 2022 earnings call highlighted strong financial performance, strategic initiatives for pricing accuracy and scalability, and a focus on expanding embedded partnerships. Despite challenges like premium contraction, the company is poised for growth through improved operational efficiency and strategic adjustments.

Root reports robust Q1 performance, focuses on reducing loss ratios

Root's Q1 2023 earnings call highlighted strong performance metrics, strategic focus on reducing loss ratios, and challenges in premium declines. The company aims to prioritize loss ratio improvements, return to profitable growth, and capitalize on opportunities for revenue enhancement through telematics and partnerships.

Root Inc. reports strong Q2 performance, eyes growth opportunities

Root Inc.'s Q2 2023 earnings call showcased impressive financial results, with notable improvements in key metrics and a focus on strategic growth initiatives.
While facing challenges such as a decline in gross earned premium and anticipated cash burn, the company remains well-positioned to capitalize on opportunities for expansion and innovation.
Investors should monitor Root Inc.'s execution of growth strategies and operational efficiency enhancements to assess its ability to sustain positive momentum and drive shareholder value.

Root (ROOT) reports stellar Q3 results, eyes growth opportunities ahead

Root's Q3 2023 earnings call highlights exceptional performance, strategic focus on profitability, and strong growth driven by technology and data science. While facing the departure of a key executive, the company is well-positioned with a healthy cash position and optimization of reinsurance strategy. Root has opportunities to leverage its strengths and navigate challenges for sustained growth and profitability.

Root (ROOT) achieves record Q4 performance, focuses on sustainable growth

Root's Q4 2023 earnings call highlighted strong financial performance, with a focus on sustainable growth and profitability. The company showcased improvements in loss ratios, technology capabilities, and market share gains. While facing challenges related to rate adequacy and margin risks, Root is well-positioned to capitalize on opportunities for growth and enhanced profitability.

Root achieves positive Q1 results, focuses on growth and profitability

Root's Q1 2024 earnings call highlighted a significant milestone with positive operating income and adjusted EBITDA achieved for the first time. The company's focus on data science, technology, and partnership channel growth drove strong financial performance and customer acquisition.
While facing challenges such as increased competition in the direct channel and marketing spend adjustments, Root remains committed to profitable growth and financial sustainability. Opportunities lie in innovation, customer retention, and strategic expansion, positioning Root for continued success in the market.
Overall, Root's performance in Q1 2024 reflects a positive trajectory with improvements in key financial metrics and strategic initiatives. By balancing strengths, addressing challenges, and capitalizing on opportunities, Root aims to solidify its position as a leader in the insurance industry.

Root reports strong Q2 earnings, eyes growth through strategic focus

Root's Q2 2024 performance reflects financial stability, growth, and improved loss metrics, underpinned by strategic underwriting and expense management.
While facing challenges in competition and tech investments, Root's focus on profitability, capital optimization, and customer-centric strategies positions it for long-term success.
The company's emphasis on growth opportunities through market expansion, tech enhancements, and risk management strategies highlights a proactive approach to driving sustainable growth.

Root Inc. reports Q3 profitability, eyes growth through partnerships

Root Inc.'s Q3 2024 earnings call highlighted the company's achievement of profitability, strong financial performance, and strategic initiatives to drive growth and partnerships. With a focus on disciplined underwriting, Root aims to sustain profitable growth, expand its market presence, and deliver competitive products while managing operational costs effectively.

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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.

NEW YORK--(BUSINESS WIRE)-- #Federalsecuritieslaws--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Root, Inc. (NASDAQ: ROOT) on behalf of Root stockholders. Our investigation concerns whether Root has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On or around October 27, 2020, Root conducted its initial public offering (“IPO”), selling 26.8 million shares

ROOT ALERT: Bragar Eagel & Squire, P.C. is Investigating Root, Inc. on Behalf of Root Stockholders and Encourages Investors to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $ROOT #CLASSACTION--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Root, Inc. (“Root” or the “Company”) (NASDAQ: ROOT) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Root investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can su

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Root, Inc. (ROOT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $ROOT #investors--The Law Offices of Frank R. Cruz Announces Investigation of Root, Inc. (ROOT) on Behalf of Investors

The Law Offices of Frank R. Cruz Announces Investigation of Root, Inc. (ROOT) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)---- $ROOT #CLASSACTION--Law Offices of Howard G. Smith announces an investigation on behalf of Root, Inc. (“Root” or the “Company”) (NASDAQ: ROOT) investors concerning the Company's possible violations of federal securities laws. On or around October 27, 2020, Root conducted its initial public offering ("IPO"), selling 26.8 million shares of common stock priced at $27.00 per share. Then, on March 9, 2021, BofA Securities analyst Joshua Shanker initiated coverage of Root with an "Underpe

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Root, Inc. (ROOT) on Behalf of Investors

RADNOR, Pa., March 15, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP is currently investigating potential violations of the federal securities laws on behalf of shareholders of Root, Inc. ("Root") (NASDAQ: ROOT).

Kessler Topaz Meltzer & Check, LLP Announces Investigation of Securities Fraud Claims on Behalf of Root, Inc. Investors

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New York, New York--(Newsfile Corp. - March 14, 2021) - Pomerantz LLP is investigating claims on behalf of investors of Root, Inc. ("Root" or the "Company") (NASDAQ: ROOT). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.The investigation concerns whether Root and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Root, Inc. - ROOT

SAN DIEGO & COLUMBUS, Ohio--(BUSINESS WIRE)---- $ROOT #ClassAction--Shareholder rights law firm Robbins LLP announces it is investigating whether certain officers and directors of Root, Inc. (NASDAQ: ROOT) committed potential securities violations and breached their fiduciary duties to shareholders. Root Inc. is the parent company of Root Insurance, an insurance carrier that conducts all sales online. Root, Inc. (ROOT) Shareholders Have Legal Options Contact us to learn more: Lauren Levi (800) 350-6003 llevi@robbinsl

Robbins LLP Announces It Is Investigating the Officers and Directors of Root, Inc. (ROOT) on Behalf of Shareholders

RADNOR, Pa.--(BUSINESS WIRE)---- $ROOT #classaction--Kessler Topaz Meltzer & Check, LLP Investigates Root, Inc. for Securities Fraud

Kessler Topaz Meltzer & Check, LLP Is Investigating Securities Fraud Claims on Behalf of Root, Inc. (NASDAQ: ROOT) Investors

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Investors need to pay close attention to Root stock based on the movements in the options market lately.

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Root is a technology company targeting the $266bn U.S. auto insurance market; shares fell 18% on Friday and have now halved since the IPO. Root has a differentiated consumer proposition that seeks to deliver lower premiums and better service using mobile-based telematics.

Root: Share Price Halving Since IPO Means Potential Bargain

The company's Q4 performance fell short of expectations.

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Root (ROOT) CEO Alex Timm on Q4 2020 Results - Earnings Call Transcript

COLUMBUS, Ohio, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter and fiscal year ended December 31, 2020. Root's fourth quarter and fiscal year 2020 financial results and management commentary can be found by accessing the shareholder letter posted to the company's investor relations website at ir.joinroot.com.

Root, Inc. Announces Fourth Quarter and Fiscal 2020 Results

COLUMBUS, Ohio, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced that management will present and host meetings at the Credit Suisse Financial Services Forum, the AIFA Conference 2021, the JMP Securities Technology Conference, the Morgan Stanley Technology, Media, & Telecom Conference, and the Truist Securities Technology, Internet, and Services Conference. Details for each event can be found below (times listed in EST):

Root to Participate in Upcoming Investor Conferences

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COLUMBUS, Ohio, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced it plans to host a conference call to discuss results for the fourth quarter and fiscal year 2020 on Thursday, February 25, 2021, at 5:00 p.m. Eastern Time. The Company plans to release its fourth quarter and fiscal year 2020 results in the investor relations section of its website at ir.joinroot.com after the close of the financial markets on February 25, 2021.

Root, Inc. Schedules Conference Call to Discuss Fourth Quarter and Fiscal Year 2020 Results

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COLUMBUS, Ohio, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced that it will present and host meetings at the Citi 2021 Global TMT West Conference and the Goldman Sachs Technology and Internet Conference. Details for each event can be found below (times listed in EST):

Root to Participate in Upcoming Virtual Investor Conferences

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COLUMBUS, Ohio, Dec. 14, 2020 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced that Dan Rosenthal, Chief Financial Officer, and Dr. Matt Bonakdarpour, VP of Data Science, will co-host a video webcast along with JMP Securities, “A Deeper Dive into the Data Science Expertise at Root Insurance,” on Thursday December 17, 2020 at 12:00 p.m. eastern time.

Root to Host Video Webcast for Investors: A Deeper Dive into the Data Science Expertise at Root Insurance with JMP Securities

COLUMBUS, Ohio, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter ended September 30, 2020. Root's third quarter 2020 financial results and management commentary can be found by accessing the shareholder letter posted to the company's investor relations website at ir.joinroot.com.

Root, Inc. Announces 2020 Third Quarter Results

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News for Root Stock (ROOT)