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Root (ROOT)

(Delayed Data from NSDQ)

$7.88 USD

7.88
234,081

-0.11 (-1.38%)

Updated Sep 30, 2022 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.51%
2Buy17.96%
3Hold9.47%
4Sell5.16%
5Strong Sell2.21%
S&P50010.66%

Zacks Rank Education - Learn about the Zacks Rank

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value B Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 44% (140 out of 251)

Industry: Insurance - Property and Casualty

Trades from $1

Balance Sheet

Research for ROOT

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

Fiscal Year End for Root, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Assets          
Cash & Equivalents 707 1,117 0 0 NA
Receivables 404 368 0 0 NA
Notes Receivable 0 0 0 0 NA
Inventories 0 0 0 0 NA
Other Current Assets 0 0 0 0 NA
Total Current Assets 1,111 1,485 0 0 NA
Net Property & Equipment 0 0 0 0 NA
Investments & Advances 135 222 0 0 NA
Other Non-Current Assets 0 0 0 0 NA
Deferred Charges 0 0 0 0 NA
Intangibles 0 0 0 0 NA
Deposits & Other Assets 74 56 0 0 NA
Total Assets 1,319 1,762 0 0 NA
Liabilities & Shareholders Equity 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Notes Payable 0 0 0 0 NA
Accounts Payable 631 531 0 0 NA
Current Portion Long-Term Debt 0 0 0 0 NA
Current Portion Capital Leases 0 0 0 0 NA
Accrued Expenses 0 0 0 0 NA
Income Taxes Payable 0 0 0 0 NA
Other Current Liabilities 0 0 0 0 NA
Total Current Liabilities 631 531 0 0 NA
Mortgages 0 0 0 0 NA
Deferred Taxes/Income 0 0 0 0 NA
Convertible Debt 0 0 0 0 NA
Long-Term Debt 0 188 0 0 NA
Non-Current Capital Leases 0 0 0 0 NA
Other Non-Current Liabilities 40 10 0 0 NA
Minority Interest (Liabilities) 0 0 0 0 NA
Total Liabilities 671 730 0 0 NA
Shareholders Equity 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Preferred Stock 112 0 0 0 NA
Common Stock (Par) 0 0 0 0 NA
Capital Surplus 1,806 1,776 0 0 NA
Retained Earnings -1,270 -748 0 0 NA
Other Equity 0 6 0 0 NA
Treasury Stock 0 1 0 0 NA
Total Shareholder's Equity 648 1,032 0 0 NA
Total Liabilities & Shareholder's Equity 1,319 1,762 0 0 NA
Total Common Equity 536 1,032 0 0 0
Shares Outstanding 14.00 13.90 NA NA NA
Book Value Per Share 38.31 74.27 0.00 0.00 0.00

Fiscal Year End for Root, Inc falls in the month of December.

All items in Millions except Per Share data.

9/30/2022 6/30/2022 3/31/2022 12/31/2021 9/30/2021
Assets          
Cash & Equivalents 887 936 707 835 974
Receivables 382 423 404 467 414
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 1,269 1,359 1,111 1,302 1,388
Net Property & Equipment 0 0 0 0 0
Investments & Advances 125 134 135 132 135
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 86 70 74 90 64
Total Assets 1,480 1,563 1,319 1,525 1,588
Liabilities & Shareholders Equity 9/30/2022 6/30/2022 3/31/2022 12/31/2021 9/30/2021
Notes Payable 0 0 0 0 0
Accounts Payable 636 651 631 642 608
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 636 651 631 642 608
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 292 291 0 202 197
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 51 40 45 21
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 980 983 671 889 826
Shareholders Equity 9/30/2022 6/30/2022 3/31/2022 12/31/2021 9/30/2021
Preferred Stock 112 112 112 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,829 1,819 1,806 1,794 1,787
Retained Earnings -1,436 -1,347 -1,270 -1,159 -1,026
Other Equity -5 -3 0 2 2
Treasury Stock 0 0 0 1 1
Total Shareholder's Equity 500 581 648 636 762
Total Liabilities & Shareholder's Equity 1,480 1,563 1,319 1,525 1,588
Total Common Equity 388 469 536 636 762
Shares Outstanding 14.10 14.10 14.00 14.00 14.00
Book Value Per Share 27.52 33.24 38.31 45.43 54.43