Back to top
more

Root (ROOT)

(Real Time Quote from BATS)

$46.01 USD

46.01
129,438

-0.62 (-1.33%)

Updated Aug 15, 2024 12:10 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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

C Value A Growth A Momentum A 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 15% (38 out of 251)

Industry: Insurance - Property and Casualty

Better trading starts here.

Zacks News

The Zacks Analyst Blog Highlights Arch Capital, The Allstate, The Progressiv, RLI and Root

Arch Capital, The Allstate, The Progressiv, RLI and Root are part of the Zacks top Analyst Blog.

Kinsale Capital (KNSL) Rises 40.4% YTD: What's Driving It?

Kinsale Capital (KNSL) stock rallies on the back of its focus on the excess and supply market, prudent underwriting, solid growth projections and effective capital deployment.

Nalak Das headshot

Buy 5 Property & Casualty Insurers to Enhance Your Portfolio

We have narrowed our search to five P&C insurers with strong potential for the rest of 2024. These are: ACGL, ALL, PGR, RLI, ROOT.

Here's Why Investors Should Retain W.R. Berkley (WRB) Now

W.R. Berkley (WRB) stands to gain from higher premiums, lower claims frequency in certain lines of business, effective capital deployment and sufficient liquidity.

Here's Why You Should Hold Travelers (TRV) in Your Portfolio

Travelers (TRV) stands to gain from strong renewal rate change, solid retention and an increase in new business supported by a compelling portfolio and solid capital position.

Here's Why You Should Add RLI Stock to Your Portfolio Now

RLI stands to gain from a compelling product portfolio, rate increases, improved retention, higher premium receipts, sufficient liquidity and effective capital deployment.

Reasons Why Investors Should Retain Unum Group (UNM) Now

Unum Group (UNM) stands to gain from favorable sales trends and risk experience, strong persistency, an improving rate environment and a solid capital position.

Root, Inc. (ROOT) Reports Q2 Loss, Tops Revenue Estimates

Root (ROOT) delivered earnings and revenue surprises of 70.11% and 25.74%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

United Fire Group (UFCS) Reports Q2 Loss, Tops Revenue Estimates

United Fire (UFCS) delivered earnings and revenue surprises of -75% and 0.12%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

FNF Group (FNF) Q2 Earnings Lag Estimates

FNF Group (FNF) delivered earnings and revenue surprises of -2.36% and 2.39%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

ProAssurance (PRA) Moves 12.6% Higher: Will This Strength Last?

ProAssurance (PRA) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

NMI Holdings (NMIH) Surpasses Q2 Earnings and Revenue Estimates

NMI Holdings (NMIH) delivered earnings and revenue surprises of 15.38% and 2.11%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Is Root (ROOT) Outperforming Other Finance Stocks This Year?

Here is how Root, Inc. (ROOT) and Popular (BPOP) have performed compared to their sector so far this year.

Root, Inc. (ROOT) Recently Broke Out Above the 20-Day Moving Average

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?

CNA Financial (CNA) Q2 Earnings Miss Estimates

CNA Financial (CNA) delivered earnings and revenue surprises of -1.65% and 1.37%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Root, Inc. (ROOT) Is Up 10.98% in One Week: What You Should Know

Does Root, Inc. (ROOT) have what it takes to be a top stock pick for momentum investors? Let's find out.

W.R. Berkley (WRB) Gains 33% in a Year: What's Driving It?

W.R. Berkley (WRB) stock soars on the back of higher premiums, lower claims frequency in certain lines of business, effective capital deployment and sufficient liquidity.

Palomar Holdings (PLMR) Rises 43% in a Year: What's Driving It?

Palomar Holdings (PLMR) gains from new business, strong retention rates, expansion of products??? geographic and distribution footprint, new partnerships and high-quality fixed-income securities.

Nalak Das headshot

5 Small-Cap Stocks to Buy Despite Inflation Headwinds

We have narrowed our search to five small-cap (market capital < $1 billion) stocks. These stocks are: AXL, EVER, GRC, ROOT, NVRI.

MetLife (MET) Arm MIM Secures $1.2B for 2nd Private Equity Fund

MetLife (MET) Arm, MIM, plans to utilize $250 million on new private equity opportunities.

Marsh & McLennan (MMC) Units Bolster Portfolio With Key Buyouts

The acquisitions of AmeriStar Agency, Hudson Shore Group and Veritas Total Solutions are set to bolster Marsh & McLennan's (MMC) growth, expertise and competitive edge in diverse sectors.

Aegon (AEG) Wraps Up EUR 1.535B Planned Share Repurchase

Aegon (AEG) has a new repurchase program of EUR 200 million, which was expected to start from this month and complete by 2024-end.

Here's Why You Should Hold RenaissanceRe (RNR) Stock for Now

RenaissanceRe (RNR) is expected to benefit from rising premiums, net investment income, and underwriting capabilities.

Nalak Das headshot

5 Property & Casualty Insurers to Buy for Sparkling Returns

We have narrowed our search to five P&C insurers with strong potential for the rest of 2024. These stocks are: HCI, RLI, PLMR, PRA, ROOT.

MetLife (MET), Micruity Unite to Enhance Retirement Solutions

MetLife (MET) expands collaboration with Micruity in a bid to develop MetLife's Universal Digital Platform and enhance access to retirement solutions.