Cantor Fitzgerald Forecasts GSHD FY2025 Earnings

Key Points

• Cantor Fitzgerald forecasts Goosehead Insurance (NASDAQ:GSHD) will earn $1.18 per share for FY2025, up from the current consensus estimate of $0.83 per share.
• The stock has seen multiple price target adjustments by analysts, with the consensus rating being "Hold" and a price target of $110.91.
• Goosehead Insurance CFO Mark E. Jr. Jones increased his stake in the company by 49.06%, while a major shareholder sold 60,000 shares, indicating mixed insider sentiment.

Goosehead Insurance (NASDAQ:GSHD - Free Report) - Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Goosehead Insurance in a research report issued to clients and investors on Wednesday, August 13th. Cantor Fitzgerald analyst R. Tunis expects that the company will post earnings of $1.18 per share for the year. Cantor Fitzgerald has a "Strong-Buy" rating on the stock. The consensus estimate for Goosehead Insurance's current full-year earnings is $0.83 per share. Cantor Fitzgerald also issued estimates for Goosehead Insurance's FY2026 earnings at $1.57 EPS.

Goosehead Insurance (NASDAQ:GSHD - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.04). The firm had revenue of $94.03 million during the quarter, compared to analyst estimates of $94.18 million. Goosehead Insurance had a net margin of 8.76% and a negative return on equity of 59.49%. The business's revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.43 earnings per share. Goosehead Insurance has set its FY 2025 guidance at EPS.

Other equities research analysts also recently issued reports about the stock. UBS Group reduced their price target on shares of Goosehead Insurance from $140.00 to $136.00 and set a "buy" rating on the stock in a research note on Monday, July 28th. BMO Capital Markets reduced their price target on shares of Goosehead Insurance from $142.00 to $110.00 and set a "market perform" rating on the stock in a research note on Friday, July 25th. JMP Securities reissued a "market outperform" rating and issued a $150.00 price target on shares of Goosehead Insurance in a research note on Thursday, April 24th. Keefe, Bruyette & Woods reduced their price target on shares of Goosehead Insurance from $130.00 to $120.00 and set an "outperform" rating on the stock in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Goosehead Insurance from $100.00 to $98.00 and set a "neutral" rating on the stock in a research note on Thursday, April 24th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $110.91.

Goosehead Insurance Trading Up 2.5%

Shares of Goosehead Insurance stock traded up $2.18 on Friday, reaching $88.51. The company had a trading volume of 276,399 shares, compared to its average volume of 301,909. The firm's 50 day moving average price is $96.10 and its two-hundred day moving average price is $105.61. The firm has a market cap of $3.32 billion, a PE ratio of 78.33, a PEG ratio of 7.30 and a beta of 1.31. Goosehead Insurance has a 52-week low of $79.33 and a 52-week high of $130.39. The company has a debt-to-equity ratio of 2.10, a quick ratio of 2.92 and a current ratio of 2.92.

Institutional Investors Weigh In On Goosehead Insurance

A number of large investors have recently modified their holdings of GSHD. Bessemer Group Inc. increased its position in shares of Goosehead Insurance by 192.9% in the 1st quarter. Bessemer Group Inc. now owns 290 shares of the company's stock valued at $34,000 after purchasing an additional 191 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Goosehead Insurance by 480.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 325 shares of the company's stock valued at $34,000 after purchasing an additional 269 shares during the last quarter. TCTC Holdings LLC increased its position in shares of Goosehead Insurance by 117.1% in the 1st quarter. TCTC Holdings LLC now owns 330 shares of the company's stock valued at $39,000 after purchasing an additional 178 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Goosehead Insurance by 802.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 442 shares of the company's stock valued at $47,000 after purchasing an additional 393 shares during the last quarter. Finally, Larson Financial Group LLC increased its position in shares of Goosehead Insurance by 1,251.6% in the 1st quarter. Larson Financial Group LLC now owns 419 shares of the company's stock valued at $49,000 after purchasing an additional 388 shares during the last quarter.

Insiders Place Their Bets

In other Goosehead Insurance news, major shareholder & Robyn Jones Descendants Mark sold 600 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $87.01, for a total value of $52,206.00. Following the sale, the insider directly owned 132,349 shares of the company's stock, valued at approximately $11,515,686.49. This represents a 0.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Over the last quarter, insiders have sold 255,665 shares of company stock worth $22,840,936. 37.76% of the stock is owned by corporate insiders.

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.