Goosehead Insurance (GSHD) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Goosehead Insurance in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GSHD shares.
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6 Wall Street analysts have issued 1-year price targets for Goosehead Insurance's shares. Their GSHD share price forecasts range from $50.00 to $100.00. On average, they expect the company's share price to reach $75.14 in the next year. This suggests that the stock has a possible downside of 1.3%.
View analysts price targets for GSHD or view top-rated stocks among Wall Street analysts.

Goosehead Insurance's stock was trading at $34.34 at the beginning of 2023. Since then, GSHD shares have increased by 121.8% and is now trading at $76.16.
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Goosehead Insurance saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,390,000 shares, an increase of 16.6% from the August 31st total of 2,050,000 shares. Based on an average daily volume of 313,300 shares, the short-interest ratio is presently 7.6 days. Currently, 11.0% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our GSHD earnings forecast.

Goosehead Insurance, Inc (NASDAQ:GSHD) posted its quarterly earnings results on Wednesday, July, 26th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.14. The business had revenue of $69.28 million for the quarter, compared to analyst estimates of $66.08 million. Goosehead Insurance had a net margin of 2.50% and a negative trailing twelve-month return on equity of 28.63%.

ETFs with the largest weight of Goosehead Insurance (NASDAQ:GSHD) stock in their portfolio include MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS) and Motley Fool Mid-Cap Growth ETF (TMFM).Invesco Dorsey Wright Financial Momentum ETF (PFI).

Goosehead Insurance updated its FY 2023 earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $260.00 million-$267.00 million, compared to the consensus revenue estimate of $268.68 million.

309 employees have rated Goosehead Insurance Chief Executive Officer Mark E. Jones on Glassdoor.com. Mark E. Jones has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Goosehead Insurance investors own include DocuSign (DOCU), Advance Auto Parts (AAP), Fanhua (FANH), General Motors (GM), KeyCorp (KEY), Novavax (NVAX), PayPal (PYPL), Shopify (SHOP), Syneos Health (SYNH) and AbbVie (ABBV).

(GSHD) raised $128 million in an initial public offering on Friday, April 27th 2018. The company issued 8,500,000 shares at $14.00-$16.00 per share. J.P. Morgan and BofA Merrill Lynch served as the underwriters for the IPO and Keefe, Bruyette & Woods (A Stifel Company) and William Blair were co-managers.

Goosehead Insurance trades on the NASDAQ under the ticker symbol "GSHD."

Goosehead Insurance's stock is owned by many different retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (11.89%), Wasatch Advisors LP (10.37%), BlackRock Inc. (6.57%), Durable Capital Partners LP (3.78%), William Blair Investment Management LLC (3.38%) and Goldman Sachs Group Inc. (2.14%). Insiders that own company stock include & Robyn Jones Descendants Mark, Camille Peterson, Colby 2014 Family Trust, Desiree Coleman, Doug Bailey, Douglas L Tobler, Drew Burks, Gary Delavan, James Reid, Lanni Romney, Lindy Langston, Mark E Jr Jones, Mark E Jr Jones, Mark Evan Jones, Mark Miller, Mark S Colby, Mark S Colby, Matthew Colby, Michael C Colby, Michael Colby 2014 Tru Preston, Michael Patrick Moxley, Patrick Ryan Langston, R Carter Pate, Robyn Mary Elizabeth Jones, Ryan S Macdonald, Serena Jones, Ted Olsen, Thomas Mcconnon and Waded Cruzado.
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Shares of GSHD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GSHD stock can currently be purchased for approximately $76.16.

Goosehead Insurance (NASDAQ:GSHD) has a market capitalization of $1.82 billion and generates $209.39 million in revenue each year. The company earns $560,000.00 in net income (profit) each year or $0.26 on an earnings per share basis.

The company employs 1,427 workers across the globe.

Goosehead Insurance's mailing address is 1500 SOLANA BLVD BUILDING 4 SUITE 4500, WESTLAKE TX, 76262. The official website for the company is www.goosehead.com. The company can be reached via phone at (214) 838-5500 or via email at ir@goosehead.com.