Goosehead Insurance (NASDAQ:GSHD) Posts Quarterly Earnings Results, Beats Estimates By $0.17 EPS

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 return on equity of 284.41% and a net margin of 6.77%. Goosehead Insurance updated its FY 2025 guidance to EPS.

Goosehead Insurance Price Performance

Shares of NASDAQ GSHD opened at $105.65 on Tuesday. The business’s 50 day moving average price is $107.58 and its two-hundred day moving average price is $102.73. The company has a market cap 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. 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 has a twelve month low of $50.47 and a twelve month high of $130.39.

Goosehead Insurance Increases Dividend

The business also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 21st were given 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. Goosehead Insurance’s payout ratio is currently 638.89%.

Wall Street Analyst Weigh In

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