Goosehead Insurance (NASDAQ:GSHD) Releases Quarterly Earnings Results

Goosehead Insurance (NASDAQ:GSHD) posted its quarterly earnings results on Monday. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate 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 Stock Down 1.0 %

GSHD stock traded down $1.03 during mid-day trading on Monday, hitting $105.65. 227,544 shares of the company were exchanged, compared to its average volume of 223,855. The firm has a fifty day simple moving average of $107.77 and a 200 day simple moving average of $102.58. The company has a market capitalization of $3.92 billion, a PE ratio of 146.74, a price-to-earnings-growth ratio of 5.17 and a beta of 1.43. Goosehead Insurance has a twelve month low of $50.47 and a twelve month high of $130.39. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 37.70.

Goosehead Insurance Increases Dividend

The business also recently declared 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 of this dividend was Tuesday, January 21st. This is a boost from Goosehead Insurance’s previous dividend of $1.63.

Analyst Upgrades and Downgrades

Several research firms have weighed in on GSHD. Piper Sandler upped their target price on Goosehead Insurance from $103.00 to $122.00 and gave the company an “overweight” rating in a report on Monday, October 28th. BMO Capital Markets raised their target price on shares of Goosehead Insurance from $90.00 to $120.00 and gave the company a “market perform” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. increased their price objective on shares of Goosehead Insurance from $77.00 to $90.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. Finally, TD Cowen lifted their price objective on shares of Goosehead Insurance from $94.00 to $130.00 and gave the company a “hold” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $99.20.

Goosehead Insurance Company Profile

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.