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Root (ROOT)

(Delayed Data from NSDQ)

$59.17 USD

59.17
426,383

+7.91 (15.43%)

Updated Apr 23, 2024 04:00 PM ET

After-Market: $59.18 +0.01 (0.02%) 7:58 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

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2-Buy of 5   2      

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 A Growth C Momentum B 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

Top 21% (53 out of 252)

Industry: Insurance - Property and Casualty

Better trading starts here.

Zacks News

Root, Inc. (ROOT) Rises As Market Takes a Dip: Key Facts

Root, Inc. (ROOT) concluded the recent trading session at $51.44, signifying a +0.02% move from its prior day's close.

AmEx (AXP) Beats Q1 Earnings Estimates, Reaffirms 2024 View

American Express' (AXP) first-quarter results benefit from improved card member spending and net interest income. It expects earnings per share in the range of $12.67-$13.15 in 2024.

Discover Financial (DFS) Q1 Earnings Miss on High Costs

Discover Financial (DFS) expects 2024 loan growth in low-single digits.

MetLife (MET) Launches Savings Calculator to Educate Pet Parents

MetLife (MET) launches a new savings calculator to educate pet parents about the benefits of owning pet insurance.

Travelers (TRV) Lags Q1 Earnings Estimates

Travelers (TRV) delivered earnings and revenue surprises of -1.26% and 0.05%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

AON Boosts Shareholder Value, Approves 10% Dividend Hike

AON announces a 10% dividend hike to quarterly dividends, marking the 13th consecutive year of dividend hikes.

Root, Inc. (ROOT) Gains As Market Dips: What You Should Know

The latest trading day saw Root, Inc. (ROOT) settling at $66.78, representing a +1.64% change from its previous close.

MetLife's (MET) Connected Benefits to Enhance Employer Offerings

MetLife's (MET) Connected Benefits aims to cater to the rising demand for a holistic employee benefits experience, enhancing employee satisfaction and productivity as a result.

Aegon (AEG) Unveils New Share Buyback Worth EUR 35 Million

Aegon (AEG) is expected to conclude the buybacks by the June quarter-end, along with its ongoing share repurchase program.

Reasons Why Investors Should Hold on to AON Shares for Now

We expect 4% organic revenue growth in AON's Commercial Risk Solutions in 2024, exceeding $7.3 billion in total.

Lincoln National (LNC) Rises 47.2% in a Year: Growth Ahead?

Lincoln National's (LNC) growth in Annuities and Group Protection businesses are major tailwinds.

MetLife (MET) Rises 11.4% in 3 Months: More Room for Growth?

MetLife's (MET) cost-saving efforts and growth in Latin America business are major tailwinds.

RenaissanceRe (RNR) Rises 19.8% in 3 Months: More Growth Ahead?

RenaissanceRe's (RNR) rising premiums earned and investment income are major growth drivers.

The Zacks Analyst Blog Highlights Janux Therapeutics, SoundHound, Root, Equillium and CleanSpark

Janux Therapeutics, SoundHound, Root, Equillium and CleanSpark are included in this Analyst Blog.

Sweta Killa headshot

5 Stocks That More Than Doubled in February

Janux Therapeutics (JANX), SoundHound (SOUN), ROOT, Equillium (EQ) and CleanSpark (CLSK) more than doubled in February.

FinWise Bancorp (FINW) Q3 Earnings and Revenues Top Estimates

FinWise Bancorp (FINW) delivered earnings and revenue surprises of 48% and 14.25%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Strength Seen in Heritage Insurance (HRTG): Can Its 16.5% Jump Turn into More Strength?

Heritage Insurance (HRTG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

CCC Intelligent Solutions Holdings Inc. (CCCS) Q2 Earnings Meet Estimates

CCC Intelligent Solutions Holdings Inc. (CCCS) delivered earnings and revenue surprises of 0% and 1.53%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Here's Why Hold Strategy Is Apt for Prudential Financial (PRU)

Prudential Financial (PRU) stands to gain from business growth, lower expenses and cost-saving initiatives and a solid financial position.

Root, Inc. (ROOT) Surges 18.6%: Is This an Indication of Further Gains?

Root, Inc. (ROOT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Here's Why Investors Should Hold Palomar Holdings (PLMR)

Palomar Holdings (PLMR) stands to gain from expansion of its products' geographic and distribution footprint, new partnerships, higher average balance of investments and improved loss ratio.

Here's Why Hold Strategy is Apt for Unum Group (UNM) Now

Unum Group (UNM) stands to gain from disciplined sales trends, strong persistency, an improving rate environment, favorable estimates and effective capital deployment.

Here's Why Investors Should Hold Cincinnati Financial (CINF)

Cincinnati Financial (CINF) stands to gain from higher level of insured exposures, flexible liquidity and low leverage and effective capital deployment.

Here's Why Hold Is an Apt Strategy for EverQuote (EVER) Now

EverQuote (EVER) stands to gain from the solid performance of automotive insurance vertical, higher consumer traffic and improved quote request volume.

Here's Why Kinsale Capital (KNSL) Stock is an Attractive Bet Now

Kinsale Capital (KNSL) stands to gain from higher submission activity from brokers, increased rates across most lines of business and prudent capital deployment.