Goosehead Insurance (GSHD) Stock Price, News & Analysis

Company Overview

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. As of December 31, 2023, it operated 1,415 franchise locations. The company was founded in 2003 and is headquartered in Westlake, Texas.

Key Stats

• Today's Range: $103.44 to $105.95
• 50-Day Range: $95.55 to $129.69
• 52-Week Range: $50.47 to $130.39
• Volume: 193,525 shs
• Average Volume: 283,598 shs
• Market Capitalization: $3.89 billion
• P/E Ratio: 145.75
• Dividend Yield: N/A
• Price Target: $97.90
• Consensus Rating: Hold

Goosehead Insurance Stock Analysis - MarketRank™

Goosehead Insurance scored higher than 71% of companies evaluated by MarketBeat, and ranked 397th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Goosehead Insurance has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Goosehead Insurance has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 34.52%

Earnings Growth

Earnings for Goosehead Insurance are expected to grow by 34.52% in the coming year, from $0.84 to $1.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Goosehead Insurance is 145.75, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of Goosehead Insurance is 145.75, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 24.95.

Price to Earnings Growth Ratio

Goosehead Insurance has a PEG Ratio of 4.51. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Goosehead Insurance has a P/B Ratio of 238.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

13.89% of the float of Goosehead Insurance has been sold short.

Short Interest Ratio / Days to Cover

Goosehead Insurance has a short interest ratio ("days to cover") of 12.9, which indicates bearish sentiment.

Change versus previous month

Short interest in Goosehead Insurance has recently decreased by 4.66%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Goosehead Insurance does not currently pay a dividend.

Dividend Growth

Goosehead Insurance does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Goosehead Insurance is 638.89%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Goosehead Insurance will have a dividend payout ratio of 407.08% in the coming year. This indicates that Goosehead Insurance may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 2.7 / 5
• Environmental Score: -0.89

Percentage of Shares Shorted

13.89% of the float of Goosehead Insurance has been sold short.

Short Interest Ratio / Days to Cover

Goosehead Insurance has a short interest ratio ("days to cover") of 12.9, which indicates bearish sentiment.

Change versus previous month

Short interest in Goosehead Insurance has recently decreased by 4.66%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.92

News Sentiment

Goosehead Insurance has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Goosehead Insurance this week, compared to 4 articles on an average week.

Search Interest

3 people have searched for GSHD on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Goosehead Insurance insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,252,288.00 in company stock.

Percentage Held by Insiders

38.03% of the stock of Goosehead Insurance is held by insiders. A high percentage of insider ownership can be a sign of company health.

GSHD Stock Analysis - Frequently Asked Questions

How have GSHD shares performed this year?

Goosehead Insurance's stock was trading at $75.80 at the beginning of the year. Since then, GSHD shares have increased by 38.4% and is now trading at $104.94.
View the best growth stocks for 2024 here.

How were Goosehead Insurance's earnings last quarter?

Goosehead Insurance, Inc (NASDAQ:GSHD) posted its earnings results on Wednesday, October, 23rd. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. The firm's revenue was up 9.9% compared to the same quarter last year.

When did Goosehead Insurance IPO?

Goosehead Insurance (GSHD) raised $128 million in an IPO on Friday, April 27th 2018. The company issued 8,500,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan and BofA Merrill Lynch acted as the underwriters for the IPO and Keefe, Bruyette & Woods (A Stifel Company) and William Blair were co-managers.

Who are Goosehead Insurance's major shareholders?

Goosehead Insurance's top institutional shareholders include Wasatch Advisors LP (7.06%), DF Dent & Co. Inc. (3.19%), State Street Corp (2.85%) and Geode Capital Management LLC (1.73%). Insiders that own company stock include Thomas Mcconnon, Slj Dynasty Trust, Langston Spousal Lifetim Lindy, Camille Peterson, & Robyn Jones Descendants Mark, Mark Evan Jones, Mark Miller, Patrick Ryan Langston, Mark E Jr Jones, John Terry O'connor, Waded Cruzado, Lanni Romney, Serena Jones, Adrienne Kebodeaux, Lindy Langston, Michael C Colby and Desiree Coleman.
View institutional ownership trends.

How do I buy shares of Goosehead Insurance?

Shares of GSHD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Goosehead Insurance own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Goosehead Insurance investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Meta Platforms (META), Jabil (JBL), Adobe (ADBE) and e.l.f. Beauty (ELF).

Company Calendar

• Last Earnings: 10/23/2024
• Today: 12/25/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Insurance agents, brokers, & service
• Sub-Industry: Insurance
• Current Symbol: NASDAQ:GSHD
• CUSIP: N/A
• CIK: 1726978
• Web: www.goosehead.com
• Phone: (214) 838-5500
• Fax: N/A
• Employees: 1,415
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $97.90
• High Stock Price Target: $130.00
• Low Stock Price Target: $37.00
• Potential Upside/Downside: -6.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.72
• Trailing P/E Ratio: 145.75
• Forward P/E Ratio: 124.93
• P/E Growth: 4.51
• Net Income: $14.14 million
• Net Margins: 6.77%
• Pretax Margin: 11.96%
• Return on Equity: 284.41%
• Return on Assets: 5.53%

Debt

• Debt-to-Equity Ratio: 37.70
• Current Ratio: 1.55
• Quick Ratio: 1.55

Sales & Book Value

• Annual Sales: $283.60 million
• Price / Sales: 13.73
• Cash Flow: $0.65 per share
• Price / Cash Flow: 161.81
• Book Value: $0.44 per share
• Price / Book: 238.50

Miscellaneous

• Outstanding Shares: 37,109,000
• Free Float: 19,167,000
• Market Cap: $3.89 billion
• Optionable: Optionable
• Beta: 1.38