Root, Inc. (ROOT)
Root, Inc. operates in the Insurance - Property & Casualty industry of the Financial Services sector, headquartered in Columbus, OH, US. The stock last traded at $49.78, down 0.12% on the session, giving a market capitalisation of $697.9M. On trailing twelve-month figures it carries a trailing P/E of 13.42, a net margin of 3.9%. Its beta of 2.92 implies it has historically moved more than the broad market.
Root, Inc. operates within the United States, concentrating on delivering a range of insurance solutions, including policies for automobiles, residential properties, and rental occupancy. The company employs a direct-to-consumer business model, primarily connecting with its customers via user-friendly mobile applications and its official website. Its comprehensive distribution network also incorporates various other digital platforms, media campaigns, referral initiatives, and collaborations with external partners and independent agencies. Established in 2015, the firm's corporate headquarters are situated in Columbus, Ohio.
Root, Inc. is most often compared with the following Financial Services names: