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

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

Shares of NASDAQ:GSHD opened at $105.65 on Tuesday. The business’s 50 day simple moving average is $107.58 and its two-hundred day simple moving average is $102.73. The firm has a market cap of $3.92 billion, a P/E ratio of 146.74, a PEG ratio of 5.17 and a beta of 1.43. The company has a debt-to-equity ratio of 37.70, a quick ratio of 1.55 and a current ratio of 1.55. Goosehead Insurance has a 52-week low of $50.47 and a 52-week high of $130.39.

Goosehead Insurance Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 21st were issued a $5.91 dividend. The ex-dividend date was Tuesday, January 21st. This is a positive change from Goosehead Insurance’s previous dividend of $1.63. Goosehead Insurance’s dividend payout ratio is presently 638.89%.

Wall Street Analysts Forecast Growth

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