InsurTechs — technology-led insurers — are trying hard to be game changers, leveraging technologies like AI, telematics, data-driven underwriting and machine learning, among others. Yet, ROOT Inc. (ROOT) and Lemonade (LMND) — two U.S.-based insurTech companies — continue to face challenges due to lowered interest rate, increased competition, inflation, higher cost of repair and increased pressure to achieve and sustain profitability. Given heightened regulatory scrutiny with respect to data and pricing mode ...

Core Points - Root, Inc. plans to host a conference call on May 7, 2025, at 5:00 p.m. Eastern Time to discuss its financial results for Q1 2025 and provide updates on company operations [1][2] - The financial results will be released on the Investor Relations section of the company's website after the market closes on the same day [1] Company Overview - Root, Inc., founded in 2015 and based in Columbus, Ohio, is the parent company of Root Insurance Company, focusing on revolutionizing insurance through data science and technology [3] - The Root app has over 15 million downloads and has collected nearly 31 billion miles of driving data to enhance its insurance offerings [3]

Core Insights - Root, Inc. and Hyundai Capital America (HCA) have formed a strategic partnership aimed at enhancing customer experiences in the auto finance and insurance sectors [1][2][4] - The collaboration will leverage HCA's auto finance leadership and Root's mobile technology expertise to create tailored, technology-driven insurance solutions [2][3] Company Overview - Root, Inc. is a technology company focused on revolutionizing insurance through data science, with over 15 million app downloads and more than 30 billion miles of driving data collected [6] - Hyundai Capital America is a major player in the U.S. auto finance market, serving over 2.7 million customers and more than 1,800 dealers [5] Partnership Goals - The partnership aims to deliver data-driven, competitive insurance rates to HCA customers, enhancing the overall vehicle ownership experience [3][4] - Both companies share a vision of utilizing technology and data to redefine car insurance and improve customer satisfaction [4]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Analysis: Root, Inc. (ROOT) - Root, Inc. currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3]. - The company has a Zacks Rank of 1 (Strong Buy), suggesting a favorable outlook based on historical performance metrics [4]. - Over the past week, ROOT shares increased by 5.62%, while the Zacks Insurance - Property and Casualty industry remained flat [6]. - In a longer timeframe, ROOT's shares have risen by 53.08% over the past month, significantly outperforming the industry's 5.47% [6]. - Over the last quarter, ROOT shares surged by 108.17%, and over the past year, they increased by 169.65%, contrasting with the S&P 500's performance of -5.11% and 11.13%, respectively [7]. - The average 20-day trading volume for ROOT is 966,045 shares, indicating a bullish trend as the stock is rising with above-average volume [8]. Earnings Outlook - Recent earnings estimate revisions for ROOT show one upward revision for the full year, raising the consensus estimate from -$0.81 to -$0.29 over the past 60 days [10]. - For the next fiscal year, there has been one upward revision with no downward revisions, indicating positive sentiment regarding future earnings [10]. Conclusion - Given the strong momentum indicators and positive earnings outlook, ROOT is positioned as a promising investment opportunity, meriting attention from investors seeking growth [12].

Shares of ROOT Inc. (ROOT) have skyrocketed 145% year to date, outperforming the industry’s 13% growth, the Finance sector’s rise of 2.5% and the S&P 500 composite’s decline of 4.1%.ROOT shares are trading near the high end of $181.14 of its 52-week range.With a market capitalization of more than $2.7 billion, ROOT provides automobile and renters insurance products. It envisions being the largest and most profitable company in the industry.ROOT Outperforms Industry, Sector & S&P 500 YTD Image Source: Zacks ...

Have you been paying attention to shares of Root, Inc. (ROOT) ? Shares have been on the move with the stock up 30% over the past month. The stock hit a new 52-week high of $158.06 in the previous session. Root, Inc. has gained 112.5% since the start of the year compared to the 2.9% move for the Zacks Finance sector and the 13.9% return for the Zacks Insurance - Property and Casualty industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't mis ...

Group 1 - Russian President Vladimir Putin expressed agreement in principle with the U.S.-led ceasefire plan supported by Ukraine, emphasizing the need for it to lead to "enduring peace" [1][2] - Putin highlighted that while Russia is in favor of the ceasefire, there are nuances that need to be addressed [2] - U.S. negotiators are currently in Moscow for ceasefire talks following Ukraine's backing of a 30-day ceasefire deal, which is contingent on Moscow's agreement [2]

Core Insights - Root's stock has surged 1,262% since the start of 2024, reflecting significant progress in customer growth, policy writing, and improved underwriting capabilities [1][2] - The company has consistently exceeded analysts' earnings expectations, leading to a surprising profit in 2024 and establishing itself as a contender in the automotive insurance market [2] Company Overview - Root utilizes a disruptive approach to automotive insurance by pricing policies based on driving behavior rather than traditional demographics, employing telematics technology to track drivers [3][4] - Prospective customers use the Root app to monitor their driving behaviors, allowing the company to provide customized quotes based on individual habits [4] Underwriting Improvement - Root's underwriting has seen substantial improvement, with the combined ratio decreasing from 195% in 2022 to 133% in 2023, and finally achieving a combined ratio of 96.4% in 2024, indicating an underwriting profit for the first time [6][7] - This improvement resulted in a net income of $30.9 million in 2024, a significant turnaround from losses of $147 million and $298 million in 2023 and 2022, respectively [7][8] Business Growth - The number of policies in force reached 414,862, with premiums earned totaling $1.2 billion, nearly double the amount from 2023 [9] - Root operates in 35 states and has recently expanded into Minnesota, indicating further potential for growth as it can enter additional states to drive premium growth [11]

Company Overview - Root (NASDAQ: ROOT) is an emerging auto insurance company that recently reported its first profitable quarter, indicating a positive trend in its financial performance [1]. Investment Philosophy - The investment approach focuses on long-term ownership of stocks rather than short-term price predictions, emphasizing valuations over target prices [1]. - The analyst has shifted from a more cautious stance, previously issuing many Sell recommendations, to a simplified approach of "Buy or Don't Buy," with future articles likely to reflect either Buy or Hold ratings [1]. Analyst Position - The analyst holds a beneficial long position in Root shares, indicating confidence in the company's future performance [2].

Company Overview - Root, Inc. is a technology company focused on insurance solutions and is the parent company of Root Insurance, founded in 2015 and based in Columbus, Ohio [4] - The company aims to revolutionize insurance through data science and technology, providing a personalized and fair experience for consumers [4] - The Root app has nearly 15 million downloads and has collected over 30 billion miles of driving data to inform its insurance offerings [4] Industry Participation - Root, Inc. will participate in the 2025 Association of Insurance and Financial Analysts (AIFA) Conference from March 2-4, 2025, in Naples, Florida [1] - Matt LaMalva, Root's Head of Investor Relations and Corporate Development, will join the Insurtech Panel on March 3 at 4:15 p.m. ET, discussing key trends in the Insurtech landscape [2] - The AIFA Conference serves as a premier gathering for leaders in various insurance sectors, including property & casualty, life insurance, reinsurance, and insurance brokerage, to address key issues and opportunities [3]