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ROOT

Root, Inc. · NASDAQ · Financial Services

Price$50.47-0.12% · −$0.06

Market cap690.78MEquity value

P / E14.3Trailing ratio

Volume139.7KLatest session

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ROOTFeb 26, 2025+25.57% since signal

Why Shares Of Insurance Company Root Are Soaring Wednesday

ROOT's Q4 revenue reached $326.7 million, exceeding expectations. Earnings per share were $1.62, contrasting with loss predictions. Policies in force grew by 21% YOY, with gross premiums up 18%. Root achieved positive net income for the second consecutive quarter. Company forecasts 2024 as a landmark year based on recent improvements.

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