Root Future Growth

Future criteria checks 2/6

Root is forecast to grow earnings and revenue by 37.6% and 25.9% per annum respectively. EPS is expected to grow by 40% per annum. Return on equity is forecast to be -145.4% in 3 years.

Key information

37.6%

Earnings growth rate

40.0%

EPS growth rate

Insurance earnings growth	8.7%
Revenue growth rate	25.9%
Future return on equity	-145.4%
Analyst coverage	Good
Last updated	07 May 2024

Recent future growth updates

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

May 03

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Feb 25

Recent updates

Root, Inc.: Promising Embedded Strategy With Potential Nationwide Expansion

May 06

Not Many Are Piling Into Root, Inc. (NASDAQ:ROOT) Stock Yet As It Plummets 32%

May 05

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

May 03

Small Cap Nuance With Courage & Conviction Investing

Mar 04

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Feb 25

Root, Inc. Q4 Earnings: Current Price Requires Exceptional Growth

Feb 23

Investors Holding Back On Root, Inc. (NASDAQ:ROOT)

Jan 15

Industry Analysts Just Made A Sizeable Upgrade To Their Root, Inc. (NASDAQ:ROOT) Revenue Forecasts

Aug 10

Root Insurance: Spiral Of Death But There Is Hope

Aug 16

Root Q2 2022 Earnings Preview

Aug 05

Root partners with 2 national football league teams, 1 major league baseball team

Jul 12

As Earnings Approach, A Buy-Write In Root Could Produce 12% Return In Under A Month

Oct 28

Root: Major Reversals In Growth And Loss Ratio In Q2 Results

Aug 12

Root: An Insurtech Company Priced Like A Legacy Insurer

May 26

Root Q1 2021 Earnings Preview

May 04

Need To Know: Analysts Are Much More Bullish On Root, Inc. (NASDAQ:ROOT) Revenues

Mar 02

Analysts Have Made A Financial Statement On Root, Inc.'s (NASDAQ:ROOT) Annual Report

Mar 01

What Percentage Of Root, Inc. (NASDAQ:ROOT) Shares Do Insiders Own?

Jan 29

Earnings and Revenue Growth Forecasts

NasdaqGS:ROOT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,597	-52	294	N/A	5
12/31/2025	1,272	-52	206	N/A	8
12/31/2024	1,022	-75	233	N/A	4
3/31/2024	640	-113	55	65	N/A
12/31/2023	455	-147	-43	-34	N/A
9/30/2023	332	-182	-135	-126	N/A
6/30/2023	290	-202	-209	-200	N/A
3/31/2023	296	-261	-252	-243	N/A
12/31/2022	311	-298	-221	-211	N/A
9/30/2022	333	-349	-216	-203	N/A
6/30/2022	353	-416	-295	-282	N/A
3/31/2022	362	-499	-377	-364	N/A
12/31/2021	345	-521	-415	-403	N/A
9/30/2021	303	-544	-574	-557	N/A
6/30/2021	260	-497	-468	-451	N/A
3/31/2021	291	-357	-347	-332	N/A
12/31/2020	347	-363	-303	-287	N/A
9/30/2020	402	-315	-159	-149	N/A
6/30/2020	432	-330	-162	-152	N/A
3/31/2020	362	-339	-166	-154	N/A
12/31/2019	290	-282	-139	-127	N/A
12/31/2018	43	-69	-30	-26	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ROOT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ROOT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ROOT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ROOT's revenue (25.9% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: ROOT's revenue (25.9% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ROOT is forecast to be unprofitable in 3 years.

Root Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus revenue estimates increase by 14%

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Consensus revenue estimates increase by 39%

Price target increased by 21% to US$13.13

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Consensus revenue estimates increase by 25%, EPS downgraded

Recent updates

Consensus revenue estimates increase by 14%

Root, Inc.: Promising Embedded Strategy With Potential Nationwide Expansion

Not Many Are Piling Into Root, Inc. (NASDAQ:ROOT) Stock Yet As It Plummets 32%

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Root, Inc., Annual General Meeting, Jun 05, 2024

Root, Inc. Announces Executive Changes

Root, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Co-Founder exercised options and sold US$601k worth of stock

Small Cap Nuance With Courage & Conviction Investing

Consensus revenue estimates increase by 39%

Price target increased by 21% to US$13.13

Root, Inc. (NASDAQ:ROOT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Root, Inc. Q4 Earnings: Current Price Requires Exceptional Growth

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Root, Inc. Announces the Promotion of Matt Bonakdarpour to President and Chief Technology Officer

New minor risk - Insider selling

Root, Inc. to Report Q4, 2023 Results on Feb 21, 2024

Investors Holding Back On Root, Inc. (NASDAQ:ROOT)

Chief Administrative Officer recently sold US$57k worth of stock

Chief Administrative Officer notifies of intention to sell stock

Chief Technology Officer recently bought US$176k worth of stock

Consensus revenue estimates increase by 25%, EPS downgraded

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Root, Inc. Appoints Donna Dorsey to the Board of Directors

Root, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Chief Technology Officer recently bought US$163k worth of stock

Industry Analysts Just Made A Sizeable Upgrade To Their Root, Inc. (NASDAQ:ROOT) Revenue Forecasts

Consensus revenue estimates increase by 10%

Root, Inc. Provides Earnings Guidance for the Year 2023

New minor risk - Shareholder dilution

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Root, Inc. Provides Earnings Guidance for the Year 2023

Root, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Root Reportedly Receives Takeover Bid from Embedded

New major risk - Share price stability

Root, Inc. Announces Executive Changes

Consensus estimates of losses per share improve by 16%

First quarter 2023 earnings: Revenues exceed analyst expectations

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 24% to US$9.50

Root, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Nick Shalek Announces to Resign from Root, Inc.'S Board of Directors, and Its Compensation Committee, Effective Immediately

High number of new directors

Third quarter 2022 earnings released: US$4.54 loss per share (vs US$9.57 loss in 3Q 2021)

Price target decreased to US$29.31

Root, Inc. to Report Q3, 2022 Results on Nov 09, 2022

Consensus forecasts updated

Root Insurance: Spiral Of Death But There Is Hope

Price target decreased to US$2.39

Second quarter 2022 earnings: EPS exceeds analyst expectations

Root Q2 2022 Earnings Preview

Price target decreased to US$2.65

Root, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Root partners with 2 national football league teams, 1 major league baseball team

Root, Inc. Appoints Julie Szudarek to its Board of Directors and Audit, Risk, and Finance Committee

Root, Inc. Appoints Julie Szudarek to Board of Directors and Will Serve on Root’s Audit, Risk, and Finance Committee

Consensus revenue estimates increase by 11%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

High number of new directors

Root, Inc. to Report Q1, 2022 Results on Apr 27, 2022

Root: Shares Up 53% Last Week And Still Trading Below Cash - But Avoid

Consensus forecasts updated

Root, Inc. Welcomes Beth Birnbaum as New Board Member

Price target decreased to US$5.11

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to US$8.91

Root Seeks Major Cost Reductions To Stanch High Losses

Price target decreased to US$6.71