Root (ROOT) Competitors

$70.34
+7.86 (+12.58%)
(As of 05/9/2024 ET)

ROOT vs. HCI, AMSF, LMND, SKWD, TIPT, TCPC, UVE, UFCS, HG, and HMN

Should you be buying Root stock or one of its competitors? The main competitors of Root include HCI Group (HCI), AMERISAFE (AMSF), Lemonade (LMND), Skyward Specialty Insurance Group (SKWD), Tiptree (TIPT), BlackRock TCP Capital (TCPC), Universal Insurance (UVE), United Fire Group (UFCS), Hamilton Insurance Group (HG), and Horace Mann Educators (HMN). These companies are all part of the "fire, marine, & casualty insurance" industry.

Root vs.

HCI Group (NYSE:HCI) and Root (NASDAQ:ROOT) are both small-cap finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, valuation, media sentiment, earnings, analyst recommendations, profitability, risk and community ranking.

HCI Group received 218 more outperform votes than Root when rated by MarketBeat users. Likewise, 61.54% of users gave HCI Group an outperform vote while only 25.88% of users gave Root an outperform vote.

CompanyUnderperformOutperform
HCI GroupOutperform Votes
240
61.54%
Underperform Votes
150
38.46%
RootOutperform Votes
22
25.88%
Underperform Votes
63
74.12%

In the previous week, HCI Group had 10 more articles in the media than Root. MarketBeat recorded 17 mentions for HCI Group and 7 mentions for Root. Root's average media sentiment score of 0.58 beat HCI Group's score of 0.26 indicating that HCI Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
HCI Group
5 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Root
0 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

87.0% of HCI Group shares are held by institutional investors. Comparatively, 59.8% of Root shares are held by institutional investors. 25.3% of HCI Group shares are held by insiders. Comparatively, 10.3% of Root shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

HCI Group has a beta of 1.15, suggesting that its share price is 15% more volatile than the S&P 500. Comparatively, Root has a beta of 2.72, suggesting that its share price is 172% more volatile than the S&P 500.

HCI Group currently has a consensus price target of $127.75, indicating a potential upside of 21.53%. Root has a consensus price target of $40.75, indicating a potential downside of 42.07%. Given Root's stronger consensus rating and higher possible upside, equities analysts plainly believe HCI Group is more favorable than Root.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HCI Group
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Root
0 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.44

HCI Group has a net margin of 14.35% compared to HCI Group's net margin of -17.61%. Root's return on equity of 36.40% beat HCI Group's return on equity.

Company Net Margins Return on Equity Return on Assets
HCI Group14.35% 36.40% 4.64%
Root -17.61%-62.36%-8.64%

HCI Group has higher revenue and earnings than Root. Root is trading at a lower price-to-earnings ratio than HCI Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
HCI Group$550.01M1.96$79.03M$7.5613.90
Root$455M2.26-$147.40M-$7.77-9.05

Summary

HCI Group beats Root on 16 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ROOT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ROOT vs. The Competition

MetricRootFire, marine, & casualty insurance IndustryFinance SectorNASDAQ Exchange
Market Cap$1.03B$39.73B$9.26B$7.78B
Dividend YieldN/A4.28%10.19%3.96%
P/E Ratio-9.0514.2654.6619.08
Price / Sales2.261.73355.6685.27
Price / CashN/A16.9816.0928.62
Price / Book6.151.942.474.62
Net Income-$147.40M$3.85B$997.43M$217.57M
7 Day Performance24.96%2.22%1.49%1.40%
1 Month Performance-8.49%0.97%0.12%-2.25%
1 Year Performance1,255.30%49.14%18.35%9.81%

Root Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HCI
HCI Group
3.7451 of 5 stars
$114.21
-0.3%
$124.00
+8.6%
+108.2%$1.14B$550.67M15.11547Analyst Forecast
News Coverage
AMSF
AMERISAFE
4.073 of 5 stars
$45.60
+1.4%
$65.00
+42.5%
-15.5%$872.78M$306.85M14.21350Positive News
LMND
Lemonade
3.8359 of 5 stars
$17.23
-3.7%
$17.11
-0.7%
+3.7%$1.21B$429.80M-5.051,258Analyst Forecast
SKWD
Skyward Specialty Insurance Group
3.4284 of 5 stars
$34.92
+1.1%
$39.89
+14.2%
+69.6%$1.40B$885.97M15.59515Analyst Forecast
TIPT
Tiptree
3.0013 of 5 stars
$15.93
-1.4%
N/A+33.2%$585.59M$1.65B49.781,132Analyst Upgrade
TCPC
BlackRock TCP Capital
0.9982 of 5 stars
$10.08
-0.8%
$11.25
+11.6%
+1.5%$582.32M$209.33M15.2719,800
UVE
Universal Insurance
4.7198 of 5 stars
$19.52
-0.5%
$25.00
+28.1%
+29.2%$565.49M$1.39B7.651,244
UFCS
United Fire Group
1.4921 of 5 stars
$22.09
-0.1%
$21.00
-4.9%
-4.8%$558.44M$1.10B-18.72852Analyst Downgrade
News Coverage
HG
Hamilton Insurance Group
2.629 of 5 stars
$13.60
+0.7%
$19.00
+39.7%
N/A$1.50B$1.57B0.00550Analyst Forecast
Lockup Expiration
News Coverage
HMN
Horace Mann Educators
3.7566 of 5 stars
$36.85
flat
$39.50
+7.2%
+6.9%$1.51B$1.49B34.121,700Gap Down

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This page (NASDAQ:ROOT) was last updated on 5/10/2024 by MarketBeat.com Staff

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