Goosehead Insurance (NASDAQ:GSHD) Announces Earnings Results

Goosehead Insurance (NASDAQ:GSHD) issued its earnings results on Monday. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.17, Zacks reports. Goosehead Insurance had a net margin of 6.77% and a return on equity of 284.41%. Goosehead Insurance updated its FY 2025 guidance to EPS.

Goosehead Insurance Price Performance

Goosehead Insurance stock traded down $1.03 during trading hours on Monday, hitting $105.65. 227,544 shares of the company traded hands, compared to its average volume of 223,855. Goosehead Insurance has a 1-year low of $50.47 and a 1-year high of $130.39. The firm has a market cap of $3.92 billion, a P/E ratio of 146.74, a P/E/G ratio of 5.17 and a beta of 1.43. The firm’s 50-day simple moving average is $107.77 and its two-hundred day simple moving average is $102.58. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 37.70.

Goosehead Insurance Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 21st were issued a $5.91 dividend. The ex-dividend date was Tuesday, January 21st. This is an increase from Goosehead Insurance’s previous dividend of $1.63.

Wall Street Analyst Weigh In

GSHD has been the topic of several recent research reports. Piper Sandler raised their price target on Goosehead Insurance from $103.00 to $122.00 and gave the stock an “overweight” rating in a report on Monday, October 28th. BMO Capital Markets increased their target price on Goosehead Insurance from $90.00 to $120.00 and gave the stock a “market perform” rating in a research report on Tuesday, November 19th. JPMorgan Chase & Co. boosted their price target on shares of Goosehead Insurance from $77.00 to $90.00 and gave the company a “neutral” rating in a report on Friday, January 3rd. Finally, TD Cowen increased their price objective on shares of Goosehead Insurance from $94.00 to $130.00 and gave the stock a “hold” rating in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Goosehead Insurance presently has a consensus rating of “Hold” and a consensus target price of $99.20.

About Goosehead Insurance

Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers homeowner’s, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.