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. reports strong Q1 performance, anticipates contraction, but sees growth opportunities

Root Inc.'s Q1 2023 performance reflects strong growth in new writings and improved adjusted EBITDA, but challenges persist with declining premium and policy counts. However, the company's strategic focus on telematics and pursuit of rate increases signal long-term potential and opportunities for growth.

ROOT (ROOT) reports record Q2 margin and anticipates growth opportunities

ROOT (ROOT) delivered a strong Q2 performance, driven by profitable growth and improved financial metrics. While challenges around rate adequacy and marketing efficiency were raised, the company is well-positioned to capitalize on opportunities in segmentation and preferred customer segments.

Root reports record-breaking Q3 performance and strategic focus on profitability

Root's Q3 performance reflects strong growth in premiums and improved financial metrics, driven by a strategic focus on profitability and risk management. The company's customer-centric approach and readiness to adjust growth plans present opportunities for sustainable expansion. However, careful monitoring of competitive dynamics and cost management will be crucial for future success.

Root reports robust Q4 earnings, eyes profitable growth in 2024

Root's Q4 2023 earnings call highlighted strong financial performance, strategic focus on profitable growth, and improved underwriting results. While facing challenges related to loss ratios and inflationary risks, the company remains optimistic about its growth prospects. Root's emphasis on maintaining profitability while pursuing growth opportunities underscores a balanced approach to navigating market dynamics.

Root achieves milestone with positive earnings, eyes profitable growth

Root's Q1 2024 earnings call highlighted a transformative period for the company, marked by its first-ever positive operating income and adjusted EBITDA. Management's emphasis on profitable growth and disciplined investments signals a strategic approach to future success. Despite challenges in policy retention and market competition, Root's strong financial performance positions it well for continued growth and profitability.

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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.

LOS ANGELES--(BUSINESS WIRE)---- $ROOT #ROOT--SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Root, Inc.

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

NEW YORK--(BUSINESS WIRE)--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 th

ROOT BREAKING NEWS: ROSEN, A TOP RANKED LAW FIRM, Encourages Root, Inc. Investors to Secure Counsel Before Important Deadline – ROOT

NEW YORK, March 19, 2021 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Root Inc. ("Root" or the "Company") (NASDAQ: ROOT) and certain of its officers.   The class action, filed in the United States District Court for the Southern District of Ohio, Eastern Division, and docketed under 21-cv-01197, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise 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 pursuant and/or traceable to the Offering Documents (defined below) issued in connection with the Company's initial public offering conducted on or about October 28, 2020 (the "IPO" or "Offering").

Pomerantz Law Firm Announces the Filing of a Class Action against Root Inc., and Certain Officers - ROOT

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.

Are Options Traders Betting on a Big Move in Root Stock?

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.

Why Root Was a Flop on Friday

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

Root is looking to shake up the industry with plans to eliminate credit scores from its pricing models entirely by 2025.

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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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