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ROOT

Root, Inc. Class A

$48.75

0.85%

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$48.75

0.85%
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Sentiment

News

31

Social

59

About

Events of Root, Inc. Class A (ROOT)

In May 2026, Root authorized a $75.0 million share repurchase program and issued a new $200.0 million senior secured term loan. In July 2026, the company agreed to purchase corporate real estate for $18.3 million and launched behavior-based car insurance in New Jersey, expanding to 37 states. On August 5, 2026, Root announced Q2 2026 financial results, reporting a 15.5% increase in net income and a 16.5% rise in adjusted EBITDA, yet experienced its largest daily stock move of -16.2% the next day. Management indicated that 2026 policies in force growth is expected to be relatively flat due to a challenging competitive environment. The stock price fell 12% in the month leading up to September 2026 due to slower premium growth and higher loss costs, resulting in a 1-year change of -49.1% and a 1-month change of -15.7% as of October 2026. Root is scheduled to discuss its Q3 2026 financial results on November 4, 2026.

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Price action provided by Massive. Fundamentals, news and corporate events provided by FactSet. NLP support provided by Perplexity & Gemini. All data is provided for informational purposes only.

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