Brokers Set Expectations for 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) - Research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Goosehead Insurance in a research report issued to clients and investors on Wednesday, August 13th. Cantor Fitzgerald analyst R. Tunis anticipates that the company will earn $1.18 per share for the year. Cantor Fitzgerald currently 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.

A number of other equities analysts have also weighed in on GSHD. JMP Securities restated a "market outperform" rating and set a $150.00 price target on shares of Goosehead Insurance in a research report on Thursday, April 24th. JPMorgan Chase & Co. lowered their target price on Goosehead Insurance from $100.00 to $98.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. UBS Group cut their price target on Goosehead Insurance from $140.00 to $136.00 and set a "buy" rating for the company in a report on Monday, July 28th. BMO Capital Markets reduced their price objective on Goosehead Insurance from $142.00 to $110.00 and set a "market perform" rating on the stock in a research report on Friday, July 25th. Finally, Piper Sandler reissued a "neutral" rating and set a $109.00 price objective (down previously from $122.00) on shares of Goosehead Insurance in a research note on Thursday, July 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $110.91.

Goosehead Insurance Price Performance

Shares of Goosehead Insurance stock traded down $0.77 during trading hours on Friday, reaching $85.29. 306,255 shares of the company's stock were exchanged, compared to its average volume of 509,095. The business has a fifty day moving average of $96.51 and a two-hundred day moving average of $105.75. The company has a market capitalization of $3.20 billion, a P/E ratio of 75.48, a price-to-earnings-growth ratio of 7.37 and a beta of 1.31. The company has a quick ratio of 2.92, a current ratio of 2.92 and a debt-to-equity ratio of 2.10. Goosehead Insurance has a 1 year low of $79.33 and a 1 year high of $130.39.

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

Institutional Investors Weigh In On Goosehead Insurance

A number of institutional investors have recently made changes to their positions in GSHD. Principal Financial Group Inc. lifted its position in shares of Goosehead Insurance by 2.4% during the first quarter. Principal Financial Group Inc. now owns 121,654 shares of the company's stock worth $14,362,000 after purchasing an additional 2,800 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new position in Goosehead Insurance in the first quarter valued at $208,000. Bessemer Group Inc. boosted 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 period. Y Intercept Hong Kong Ltd purchased a new position in shares of Goosehead Insurance during the first quarter worth approximately $349,000. Finally, GAMMA Investing LLC grew its position in Goosehead Insurance by 11,900.8% during the 1st quarter. GAMMA Investing LLC now owns 72,725 shares of the company's stock worth $8,586,000 after purchasing an additional 72,119 shares during the last quarter.

Insider Transactions at Goosehead Insurance

In related news, major shareholder & Robyn Jones Descendants Mark sold 600 shares of the firm's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $87.01, for a total transaction of $52,206.00. Following the completion of the sale, the insider directly owned 132,349 shares of the company's stock, valued at approximately $11,515,686.49. This trade represents a 0.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 256,770 shares of company stock worth $22,962,541 over the last ninety days. 37.76% of the stock is owned by company insiders.

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.