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.

Radnor, Pennsylvania--(Newsfile Corp. - April 6, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds Root, Inc. (NASDAQ: ROOT) ("Root") investors that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired: (a) Root securities between October 28, 2020 and March 8, 2021, both dates inclusive (the "Class Period"); and/or (b) Root Class A common stock issued in connection with Root's initial public...

Kessler Topaz Meltzer & Check, LLP Reminds Root, Inc. Investors of Important Deadline in Securities Fraud Class Action Lawsuit

COLUMBUS, Ohio--(BUSINESS WIRE)---- $ROOT--COVID-19 is far from over, but the impact it has had on our collective driving capabilities continues to show itself in meaningful, sometimes surprising ways. According to a new analysis of over 6.1 billion miles driven by drivers who completed Root Insurance's (NASDAQ: ROOT) test drive, the average American driver used their phone once every 5.5 miles in 2020 (or 18 times every 100 miles).1 Moreover, a national consumer survey of 1,819 American drivers shows th

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Los Angeles, California--(Newsfile Corp. - April 6, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Root, Inc. ("Root" or "the Company") (NASDAQ: ROOT) for violations of the federal securities laws.Investors who purchased the Company's shares pursuant and/or traceable to the Company's October 28, 2020 initial public offering (the "IPO"), or between October 28, 2020 and March 8, 2021 both dates inclusive (the "Class...

INVESTOR ACTION NOTICE: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Root, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - April 5, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Root, Inc. (NASDAQ: ROOT) ("Root" or "the Company") for violations of the federal securities laws.Investors who purchased the Company's shares pursuant and/or traceable to the Company's October 28, 2020 initial public offering (the "IPO"), or between October 28, 2020 and March 8, 2021 both dates inclusive (the "Class Period"), are...

INVESTOR ACTION REMINDER: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Root, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

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NEW YORK--(BUSINESS WIRE)--WHY: New York, N.Y., April 3, 2021. Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Root, Inc. (NASDAQ: ROOT) who: (1) purchased or otherwise acquired publicly traded Root securities between October 28, 2020 and March 8, 2021, inclusive (the “Class Period”); and/or (2) purchased or otherwise acquired Root Class A common stock pursuant and/or traceable to the Offering documents issued in connection with the Company's initial p

ROSEN, A LEADING AND LONGSTANDING LAW FIRM, Encourages Root, Inc. Investors with Large Losses to Secure Counsel Before Important May 18 Deadline in Securities Class Action – ROOT

RADNOR, Pa., April 3, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds Root, Inc. (NASDAQ:  ROOT) ("Root") investors that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired: (a) Root securities between October 28, 2020 and March 8, 2021, both dates inclusive (the "Class Period"); and/or (b) Root Class A common stock issued in connection with Root's initial public offering conducted on or about October 28, 2020 (the "IPO").

Kessler Topaz Meltzer & Check, LLP: Important Deadline Reminder for Root, Inc. Investors in Securities Fraud Class Action Lawsuit

NEW YORK--(BUSINESS WIRE)---- $ROOT--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of Ohio on behalf of those who acquired Root, Inc. (“Root” or the “Company”) (NASDAQ: ROOT) securities during the period from October 25, 2020 through March 8, 2021 (the “Class Period”). Investors have until May 18, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Root provides insurance produ

INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against Root, Inc. and Encourages Investors to Contact the Firm Before May 18, 2021

Radnor, Pennsylvania--(Newsfile Corp. - April 2, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP alerts investors that a securities fraud class action lawsuit has been filed against Root, Inc. (NASDAQ: ROOT) ("Root") on behalf of those who purchased or acquired: (a) Root securities between October 28, 2020 and March 8, 2021, both dates inclusive (the "Class Period"); and/or (b) Root Class A common stock issued in connection with Root's initial public...

Deadline Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Root, Inc. (ROOT)

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Los Angeles, California--(Newsfile Corp. - April 2, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Root, Inc. ("Root" or "the Company") (NASDAQ: ROOT) for violations of the federal securities laws.Investors who purchased the Company's shares pursuant and/or traceable to the Company's October 28, 2020 initial public offering (the "IPO"), or between October 28, 2020 and March 8, 2021 both dates inclusive (the "Class...

INVESTOR ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Root, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, April 2, 2021 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Root, Inc. ("Root" or the "Company") (NASDAQ: ROOT): (a) securities between October 28, 2020 and March 8, 2021 , inclusive (the "Class Period"); and/or (b) Root Class A common stock pursuant and/or traceable to the Offering Documents issued in connection with the Company's initial public offering on or about October 28, 2020 (the "IPO" or "Offering").

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Root, Inc. (ROOT) Investors

Los Angeles, California--(Newsfile Corp. - April 1, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Root, Inc. ("Root" or "the Company") (NASDAQ: ROOT) for violations of the federal securities laws.Investors who purchased the Company's shares pursuant and/or traceable to the Company's October 28, 2020 initial public offering (the "IPO"), or between October 28, 2020 and March 8, 2021 both dates inclusive (the "Class...

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against Root, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

NEW YORK, March 31, 2021 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Root, Inc. (NASDAQ: ROOT) who: (1) purchased or otherwise acquired publicly traded Root securities between October 28, 2020 and March 8, 2021, inclusive (the "Class Period"); and/or (2) purchased or otherwise acquired Root Class A common stock pursuant and/or traceable to the Offering documents issued in connection with the Company's initial public offering conducted on or about October 28, 2020 (the "IPO" or "Offering"), of the important May 18, 2021 lead plaintiff deadline. SO WHAT: If you purchased Root securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROOT INVESTOR NOTICE: ROSEN, A LONGSTANDING AND TRUSTED LAW FIRM, Encourages Root, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline - ROOT

NEW YORK--(BUSINESS WIRE)---- $ROOT--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of Ohio on behalf of those who acquired Root, Inc. (“Root” or the “Company”) (NASDAQ: ROOT) securities during the period from October 25, 2020 through March 8, 2021 (the “Class Period”). Investors have until May 18, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Root provides insurance products and

INVESTOR ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action Lawsuit Against Root, Inc.

Radnor, Pennsylvania--(Newsfile Corp. - March 30, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP alerts investors that a securities fraud class action lawsuit has been filed against Root, Inc. (NASDAQ: ROOT) ("Root") on behalf of those who purchased or acquired: (a) Root securities between October 28, 2020 and March 8, 2021, both dates inclusive (the "Class Period"); and/or (b) Root Class A common stock issued in connection with Root's initial...

Class Action Alert: Kessler Topaz Meltzer & Check, LLP Reminds ROOT Investors for Securities Fraud Class Action Lawsuit

NEW YORK--(BUSINESS WIRE)-- #ROOT--Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Action Against Root, Inc. (ROOT) and May 18 Deadline

Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Action Against Root, Inc. (ROOT) and May 18 Deadline

SAN DIEGO & COLUMBUS, Ohio--(BUSINESS WIRE)---- $ROOT #ClassAction--Shareholder rights law firm Robbins LLP announces it filed a class action lawsuit in the U.S. District Court for the Southern District of Ohio Columbus Division on behalf of purchasers of the Class A common stock of Root (NASDAQ: ROOT) pursuant and/or traceable to the Registration Statement and Prospectus issued in connection with the Company's October 29, 2020 initial public offering ("IPO"). If you purchased shares of Root, Inc. (ROOT) between Octo

Robbins LLP Announces That It Has Filed a Class Action Lawsuit Against Root, Inc. (ROOT)

RADNOR, Pa., March 29, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP alerts investors that a securities fraud class action lawsuit has been filed against Root, Inc. (NASDAQ: Root) ("Root") on behalf of those who purchased or acquired: (a) Root securities between October 28, 2020 and March 8, 2021, both dates inclusive (the "Class Period"); and/or (b) Root Class A common stock issued in connection with Root's initial public offering conducted on or about October 28, 2020 (the "IPO").

Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Root, Inc.

NEW YORK, March 26, 2021 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Root, Inc. (NASDAQ: ROOT) who: (1) purchased or otherwise acquired publicly traded Root securities between October 28, 2020 and March 8, 2021, inclusive (the "Class Period"); and/or (2) purchased or otherwise acquired Root Class A common stock pursuant and/or traceable to the Offering documents issued in connection with the Company's initial public offering conducted on or about October 28, 2020 (the "IPO" or "Offering"). If you wish to serve as lead plaintiff, you must move the Court no later than May 18, 2021.

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Root, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline - ROOT

Radnor, Pennsylvania--(Newsfile Corp. - March 26, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of Ohio against Root, Inc. (NASDAQ: ROOT) ("Root") on behalf of those who purchased or acquired: (a) Root securities between October 28, 2020 and March 8, 2021, both dates inclusive (the "Class Period"); and/or (b)...

Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Root, Inc. - ROOT

Insurtech stocks Lemonade Inc (NYSE: LMND) (down 1.8%) and Root Inc (NASDAQ: ROOT) (up 11%) were mixed Friday after the two companies received some mixed commentary on Wall Street. Disappointing Download Data: On Friday, Bank of America analyst Joshua Shanker said the latest app download data is not good news for Lemonade.

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Shares of Root jumped as high as 19.7% Friday morning as Citron's Andrew Left published a report saying the highly-shorted auto-insurance company is "a misunderstood short." "This is a disruptive tech company and investors have an opportunity to buy the stock at bargain prices vs. what the smartest tech investors in the world paid just five months ago," the Citron Research founder said.  At Thursday's close, Root was down 52% since its initial public offering in October. The auto insurance company is one of the most heavily shorted stocks in the market. It spiked to $15.44 a share before paring some gains Friday.

Root spikes 20% as Citron's Andrew Left says the heavily-shorted auto insurance company is 'misunderstood' and the stock could more than quadruple

Root (ROOT) stock is taking off on Friday after Citron Research analysts released a bullish report on the auto insurance company. The post ROOT Stock: The Big Analyst Call That Has the Auto Insurer Soaring Today appeared first on InvestorPlace.

ROOT Stock: The Big Analyst Call That Has the Auto Insurer Soaring Today

The shares of Root Inc (NASDAQ:ROOT) are up 12.4% to trade at $14.46 this morning, after founder of Citron Research Andrew Left said the auto insurance stock is severely undervalued.

News for Root Stock (ROOT)