Root, Inc. Stock Price, News & Analysis

Root, Inc. (NASDAQ: ROOT), a technology company specializing in insurance solutions and parent company of Root Insurance, has announced its participation in the upcoming 2025 Wells Fargo Financial Services Investor Conference. The conference is scheduled for May 13-14, 2025 in Chicago, Illinois. While the company will not deliver a formal presentation, Root's management will engage in one-on-one and group meetings with institutional investors. Interested parties can access the investor materials for these meetings on Root's Investor Relations website at ir.joinroot.com.

Root Inc (NASDAQ: ROOT), the parent company of Root Insurance, has announced its financial results for the first quarter of 2025. The company will host a conference call and earnings webcast on May 7, 2025, at 5:00 p.m. Eastern Time to discuss the results and provide operational updates.

The detailed financial results and management commentary are available through the company's shareholder letter and updated investor presentation on Root's investor relations website at ir.joinroot.com. Interested parties can access the live audio webcast through the News & Events section of the website, with a replay being made available after the call.

Root Insurance reveals concerning distracted driving trends in its 2025 Focused Driving Report, analyzing over 1.3 billion miles of driving data. The study shows Americans spend 11% of their drive time on phones, with Gen Z drivers using phones nearly twice as much (14.78%) as Baby Boomers (6.34%).

Key findings show Portland, Oregon as the most focused city (8.74% distraction rate), while New Orleans, Louisiana ranks as the most distracted (15.20%). The study identifies 5:00 a.m. as the least distracted hour (7.16%), with peak phone usage at 7:00 p.m. (11.65%).

Survey results from 500 drivers reveal texting (86%), social media (77%), and handheld calls (75%) as top distractions. Notably, 46% of drivers reported close calls or accidents while distracted, and 72% indicated they would reduce phone use if insurance rates reflected their focusing behavior.

Experian has expanded its Insurance Marketplace by adding Root Insurance to its portfolio, enhancing its auto insurance offerings. The partnership aims to provide consumers with more affordable and personalized car insurance options through a streamlined shopping experience.

Root's mobile app enables drivers to secure coverage in 60 seconds and has garnered nearly 15 million downloads. The app offers a fully digital experience for policy management and claims filing. Through Experian Marketplace, consumers can compare rates from over 30 top carriers, with potential savings of more than $1,100 on car and home insurance bundles or $800 on car insurance alone.

The integration allows customers to shop and switch to Root without changing platforms, streamlining the insurance process. Experian's Ongoing Rate Monitoring feature alerts shoppers about better rates on their car insurance policies, eliminating the need for repeated shopping.

Root Inc (NASDAQ: ROOT) has announced it will host a conference call on May 7, 2025 at 5:00 p.m. Eastern Time to discuss its first quarter 2025 financial results and provide operational updates. The company will release its Q1 results on the same day after market close through its investor relations website at ir.joinroot.com.

The conference call will be accessible via toll-free (1-877-269-7751) and toll (1-201-389-0908) dial-in numbers. A webcast replay will be available on the company's investor relations page shortly after the call.

Root Inc. (NASDAQ: ROOT) and Hyundai Capital America (HCA) have announced a strategic partnership aimed at innovating auto finance and insurance solutions. The collaboration combines HCA's auto finance leadership with Root's mobile technology and customer-focused insurance expertise to deliver personalized, data-driven insurance solutions.

The partnership focuses on providing competitive rates to HCA customers through data-driven insurance solutions, enhancing the overall vehicle ownership experience. HCA President and CEO Marcelo Brutti emphasized their commitment to customer-centric innovation, while Root's Founder and CEO Alex Timm highlighted the opportunity to build unique solutions for HCA drivers while expanding Root's insurance distribution channels.

Root (NASDAQ: ROOT) has announced its participation in the 2025 Association of Insurance and Financial Analysts (AIFA) Conference in Naples, Florida, scheduled for March 2-4, 2025. Matt LaMalva, Root's Head of Investor Relations and Corporate Development, will participate in the Insurtech Panel on March 3 at 4:15 p.m. ET.

The panel discussion will feature LaMalva alongside Ben Rose, Co-Founder and President of Supercede, with moderation by Tommy McJoynt, Director of Equity Research at KBW. They will explore key trends in the Insurtech landscape and technology's evolving role in insurance.

The AIFA Conference serves as a premier gathering for industry leaders across property & casualty insurance, life insurance, reinsurance, and insurance brokerage sectors to discuss industry challenges and opportunities.

Root Inc (NASDAQ: ROOT) announced its financial results for Q4 and full year 2024 on February 26, 2025. The detailed financial results and management commentary are available in the shareholder letter on Root's investor relations website at ir.joinroot.com.

The company has scheduled a conference call and earnings webcast for February 26 at 5:00 p.m. Eastern Time to discuss the results and provide operational updates. Investors can access the live audio webcast through the News & Events section of Root's Investor Relations website.

Root Insurance released a concerning survey ahead of Super Bowl LIX revealing that 44% of football fans admitted to live-streaming games while driving during the season. The study exposed that 35% watch quick highlights behind the wheel, while 46% listen to games through in-car audio.

Demographics show 49% of male respondents and 33% of female respondents streamed games while driving. Age-wise, 25-34 year-olds were most likely to stream (63%), while those 65+ were least likely (18%). By division, AFC South fans were most distracted (50% streaming while driving), while NFC South fans were least distracted (37%).

Root's 2024 driving behavior data indicates drivers with the worst distracted driving are 1.24 times more likely to have accidents than average. The company emphasizes safe driving practices and offers insurance pricing based on driving behavior.