Wells Fargo reiterated coverage on Root with a new price target
$ROOT
Property-Casualty Insurers
Finance
Wells Fargo reiterated coverage of Root with a rating of Equal-Weight and set a new price target of $5.00 from $6.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/1/2024 | $10.00 → $40.00 | Hold → Buy | Jefferies |
| 2/26/2024 | $10.00 → $22.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 2/22/2024 | $9.00 → $13.00 | Neutral → Overweight | Cantor Fitzgerald |
| 1/10/2024 | Market Perform | TD Cowen | |
| 3/3/2022 | $7.00 → $2.06 | Equal-Weight | Morgan Stanley |
| 2/28/2022 | $6.00 → $2.00 | Neutral | UBS |
| 2/28/2022 | $3.00 → $1.50 | Underweight | Barclays |
| 1/4/2022 | $6.00 → $5.00 | Equal-Weight | Wells Fargo |
8-K - Root, Inc. (0001788882) (Filer)
144 - Root, Inc. (0001788882) (Subject)
144 - Root, Inc. (0001788882) (Subject)
COLUMBUS, Ohio, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ:ROOT), the parent company of Root Insurance Company, announced financial results for the quarter today. Root's third quarter financial results and management commentary can be found by accessing the shareholder letter posted to the company's investor relations website. An updated version of the company's investor presentation will also be available. Both can be found on ir.joinroot.com. Root will host a conference call and earnings webcast to discuss the results and provide an update on company operations today, Wednesday, October 30, at 5:00 p.m. Eastern Time. To listen to the live audio webcast, please visit the News &
COLUMBUS, Ohio, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ:ROOT), the parent company of Root Insurance Company, today announced the successful refinancing of its term loan facility with funds and accounts managed by BlackRock Capital Investment Advisors, LLC and its affiliates (collectively, "BlackRock"). These improved terms in the long-standing relationship enhance Root's financial flexibility and significantly improve its cost of capital. The amended facility consists of a six-year term loan with a principal amount of $200 million, reducing the previous facility by $100 million. The amended facility, effective on October 29th, will carry an interest rate of 3-month term SOFR
COLUMBUS, Ohio, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ:ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial results for the third quarter on Wednesday, October 30, 2024 at 5:00 p.m. Eastern Time. The company plans to release third quarter results in the investor relations section of its website at ir.joinroot.com after the close of the financial markets on Wednesday, October 30, 2024. Webcast and Conference Call Details: Date: October 30, 2024Time: 5:00 p.m. Eastern TimeParticipant Toll-Free Dial-In Number: 1 (877) 269-7751Participant Toll Dial-In Number: 1 (201) 389-0908 Webcast: https://ir.join
SC 13G/A - Root, Inc. (0001788882) (Subject)
SC 13G/A - Root, Inc. (0001788882) (Subject)
SC 13D/A - Root, Inc. (0001788882) (Subject)
COLUMBUS, Ohio, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ:ROOT), the parent company of Root Insurance Company, announced financial results for the quarter today. Root's third quarter financial results and management commentary can be found by accessing the shareholder letter posted to the company's investor relations website. An updated version of the company's investor presentation will also be available. Both can be found on ir.joinroot.com. Root will host a conference call and earnings webcast to discuss the results and provide an update on company operations today, Wednesday, October 30, at 5:00 p.m. Eastern Time. To listen to the live audio webcast, please visit the News &
COLUMBUS, Ohio, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ:ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial results for the third quarter on Wednesday, October 30, 2024 at 5:00 p.m. Eastern Time. The company plans to release third quarter results in the investor relations section of its website at ir.joinroot.com after the close of the financial markets on Wednesday, October 30, 2024. Webcast and Conference Call Details: Date: October 30, 2024Time: 5:00 p.m. Eastern TimeParticipant Toll-Free Dial-In Number: 1 (877) 269-7751Participant Toll Dial-In Number: 1 (201) 389-0908 Webcast: https://ir.join
COLUMBUS, Ohio, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ:ROOT), the parent company of Root Insurance Company, announced financial results for the quarter today. Root's second quarter financial results and management commentary can be found by accessing the shareholder letter posted to the company's investor relations website. An updated version of the company's investor presentation will also be available. Both can be found on ir.joinroot.com. Root will host a conference call and earnings webcast to discuss the results and provide an update on company operations today, Wednesday, August 7, at 5:00 p.m. Eastern Time. To listen to the live audio webcast, please visit the News &
Jefferies upgraded Root, Inc. from Hold to Buy and set a new price target of $40.00 from $10.00 previously
Keefe Bruyette upgraded Root, Inc. from Mkt Perform to Outperform and set a new price target of $22.00 from $10.00 previously
Cantor Fitzgerald upgraded Root, Inc. from Neutral to Overweight and set a new price target of $13.00 from $9.00 previously
4 - Root, Inc. (0001788882) (Issuer)
COLUMBUS, Ohio, May 30, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ:ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, is proud to have Marcus Armstrong, the 2023 NTT INDYCAR SERIES Rookie of the Year, representing Root at the Detroit Grand Prix race this weekend, May 31 - June 2. Root will be the primary partner for Armstrong's No. 11 Honda as he continues to make impressive moves on the track this season. Armstrong sported the Root Honda at the Children's of Alabama Indy Grand Prix at Barber Motorsports Park on April 28th where he reached the Fast Six in qualifying for the first time in his career and finished 9th in the race, furt
COLUMBUS, Ohio, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ:ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance Company, announced today the appointment of Donna Dorsey, Executive Vice President and Chief People & Culture Officer of Navistar Inc. ("Navistar"), to Root's board of directors. Dorsey joins Root's board with nearly 30 years of experience leading human resources strategy and operational effectiveness. Before her role as Executive Vice President and Chief People & Culture Officer, Dorsey held senior leadership roles at Navistar, most recently leading human resource strategy for all business operations. She works cl
Seasoned Industry Executive Brings 20-Year Track Record of Building Businesses and Fostering Growth at Numerous High-Performing Organizations Global Critical Logistics ("GCL"), a leading provider of mission-critical freight forwarding and global logistics to specialty sectors, and a portfolio company of ATL Partners, today announced Daniel Rosenthal has been named President and Chief Executive Officer, effective April 24, 2023. Mr. Rosenthal has founded or led high-performing businesses in multiple industries over the last two decades. Most recently, Mr. Rosenthal served as Chief Revenue & Operating Officer ("CRO & COO") of Root, Inc. (NASDAQ:ROOT), a technology-based provider of auto i
4 - Root, Inc. (0001788882) (Issuer)
4 - Root, Inc. (0001788882) (Issuer)
4 - Root, Inc. (0001788882) (Issuer)
GeneDx Holdings Corp. (NASDAQ:WGS) has made the biggest gains on the Russell 2000 Index in 2024 as the biotechnology company moves toward more comprehensive genetic testing. The Maryland-based company’s shares have soared 1,101% so far this year as of midday Thursday, according to Tradingview. Goldman Sachs analyst Matthew Sykes attributes much of GeneDX’s positive momentum to shifting its testing. The company went from panel-based tests, which look for variants in more than one gene, to exome/genome testing, which analyzes the bulk of a person’s DNA to find genetic variations. Also Read: GeneDx Stock Climbs After Better-Than-Expected Q1 Results, Raises FY24 Guidance “We remain o
U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Thursday. Shares of Cintas Corporation (NASDAQ:CTAS) rose during Thursday's session after the company reported better-than-expected quarterly EPS and revenues. Cintas reported fourth-quarter earnings per share of $3.99, beating the street view of $3.80. The company registered quarterly revenues of $2.471 billion, beating the street view of $2.468 billion, according to data from Benzinga Pro. Cintas shares gained 5.3% to $758.25 on Thursday. Here are some other big stocks recording gains in today’s session. Chuy’s Holdings, Inc. (NASDAQ:CHUY) shares gained 47.6% to $37.29 after the company and Darde
As of July 15, 2024, five stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Root Inc (NASDAQ:ROOT) On June 5, TD Cowen analyst Andrew Kligerman maintained Root with a Ho