Root (ROOT) Expected to Release Quarterly Earnings on Wednesday

Root (NASDAQ:ROOT) is anticipated to announce its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.8280 per share and revenue of $395.1430 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.

Root (NASDAQ:ROOT) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $1.25. Root had a net margin of 3.58% and a return on equity of 19.97%. The business had revenue of $393.50 million during the quarter, compared to analysts’ expectations of $398.16 million. During the same period last year, the firm posted $1.07 earnings per share. The business’s revenue was up 12.5% on a year-over-year basis. On average, analysts expect Root to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Root Price Performance

Shares of NASDAQ:ROOT opened at $54.15 on Monday. Root has a 12 month low of $40.91 and a 12 month high of $129.53. The stock has a market cap of $857.19 million, a price-to-earnings ratio of 16.21 and a beta of 2.89. The stock’s 50 day moving average price is $56.98 and its 200 day moving average price is $55.67. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.07 and a quick ratio of 1.07.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ROOT shares. UBS Group set a $50.00 price target on Root and gave the company a “neutral” rating in a research report on Monday, May 11th. Zacks Research upgraded Root from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. Keefe, Bruyette & Woods lowered their target price on Root from $104.00 to $95.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Weiss Ratings upgraded shares of Root from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 28th. Finally, TD Cowen reissued a “hold” rating on shares of Root in a report on Wednesday, June 17th. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $86.00.

Institutional Investors Weigh In On Root

Institutional investors and hedge funds have recently modified their holdings of the stock. Dark Forest Capital Management LP acquired a new position in shares of Root in the 3rd quarter worth $351,000. Bayesian Capital Management LP purchased a new stake in shares of Root during the second quarter valued at $341,000. Entropy Technologies LP boosted its position in shares of Root by 83.3% in the 4th quarter. Entropy Technologies LP now owns 4,400 shares of the company’s stock valued at $318,000 after purchasing an additional 2,000 shares during the period. WINTON GROUP Ltd acquired a new position in shares of Root in the 2nd quarter valued at $316,000. Finally, Osaic Holdings Inc. increased its stake in Root by 67.5% in the 2nd quarter. Osaic Holdings Inc. now owns 2,024 shares of the company’s stock worth $259,000 after purchasing an additional 816 shares in the last quarter. Institutional investors and hedge funds own 59.82% of the company’s stock.

Root Company Profile

Root, trading on the Nasdaq under the ticker ROOT, is a Columbus, Ohio–based insurance company that leverages mobile technology and data analytics to offer personalized auto insurance policies. Founded in 2015 by Alex Timm and Dan Manges, Root set out to transform traditional underwriting by focusing on individual driving behavior rather than broad demographic factors.

The company’s core product is usage-based auto insurance, delivered through a smartphone app that monitors driving patterns such as speed, braking and phone usage behind the wheel.