Goosehead Insurance (GSHD) Projected to Post Earnings on Wednesday

Goosehead Insurance (NASDAQ:GSHD) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $78.03 million for the quarter.

Goosehead Insurance Stock Down 0.2 %

Shares of NASDAQ GSHD opened at $115.18 on Tuesday. Goosehead Insurance has a 12-month low of $50.47 and a 12-month high of $130.39. The company has a market cap of $4.27 billion, a P/E ratio of 159.97, a P/E/G ratio of 5.05 and a beta of 1.43. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 37.70. The stock has a fifty day moving average price of $108.10 and a 200 day moving average price of $101.83.

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. This is an increase from Goosehead Insurance’s previous dividend of $1.63. The ex-dividend date was Tuesday, January 21st.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on GSHD shares. JMP Securities raised their target price on Goosehead Insurance from $100.00 to $115.00 and gave the company a “market outperform” rating in a research note on Thursday, October 24th. Piper Sandler raised their target price on shares of Goosehead Insurance from $103.00 to $122.00 and gave the stock an “overweight” rating in a report on Monday, October 28th. TD Cowen raised their price target 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. Royal Bank of Canada raised their price target on shares of Goosehead Insurance from $95.00 to $109.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, BMO Capital Markets raised their price objective 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. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price 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.