NASDAQ:GSHD - Goosehead Insurance Stock Price, Forecast & News

Goosehead Insurance's stock was trading at $45.08 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GSHD shares have decreased by 1.0% and is now trading at $44.63. View which stocks have been mosted impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Goosehead Insurance in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Goosehead Insurance.

Goosehead Insurance is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Goosehead Insurance.

Goosehead Insurance Inc (NASDAQ:GSHD) released its quarterly earnings results on Thursday, March, 12th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.02. The firm had revenue of $23.37 million for the quarter, compared to the consensus estimate of $20.22 million. Goosehead Insurance had a net margin of 7.14% and a negative return on equity of 20.51%. View Goosehead Insurance's earnings history.

Goosehead Insurance issued an update on its FY 2020 After-Hours earnings guidance on Thursday, March, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $100-105 million, compared to the consensus revenue estimate of $114.3 million.

4 analysts have issued 12-month price objectives for Goosehead Insurance's stock. Their forecasts range from $40.00 to $60.00. On average, they expect Goosehead Insurance's stock price to reach $51.25 in the next year. This suggests a possible upside of 14.8% from the stock's current price. View analysts' price targets for Goosehead Insurance.

Media stories about GSHD stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Goosehead Insurance earned a news impact score of -3.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View the latest news aboutGoosehead Insurance.

Goosehead Insurance saw a decline in short interest in March. As of March 13th, there was short interest totaling 2,277,800 shares, a decline of 9.3% from the February 27th total of 2,510,000 shares. Based on an average daily volume of 260,000 shares, the short-interest ratio is currently 8.8 days. Currently, 23.2% of the company's stock are sold short. View Goosehead Insurance's Current Options Chain.

Some companies that are related to Goosehead Insurance include Fanhua (FANH), CorVel (CRVL), Phoenix Tree (HUIZ), Crawford & Company (CRD.A), Crawford & Company (CRD.B), Health Insurance Innovations (HIIQ), Benefytt Technologies (BFYT), AA (AATDF) and Marketing Alliance (MAAL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Goosehead Insurance investors own include Fanhua (FANH), Gilead Sciences (GILD), Advance Auto Parts (AAP), KeyCorp (KEY), Docusign (DOCU), Pattern Energy Group (PEGI), Paypal (PYPL), Syneos Health (SYNH), General Motors (GM) and Metlife (MET).

(GSHD) raised $128 million in an initial public offering (IPO) on Friday, April 27th 2018. The company issued 8,500,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan and BofA Merrill Lynch acted 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."

Shares of GSHD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of GSHD stock can currently be purchased for approximately $44.63.

Goosehead Insurance has a market capitalization of $703.37 million and generates $77.49 million in revenue each year. The company earns $3.57 million in net income (profit) each year or $0.22 on an earnings per share basis. Goosehead Insurance employs 389 workers across the globe. View additional information about Goosehead Insurance.

The official website for Goosehead Insurance is http://www.goosehead.com/.

Goosehead Insurance's mailing address is 1500 SOLANA BLVD BUILDING 4 SUITE 4500, WESTLAKE TX, 76262. The company can be reached via phone at 214-838-5500 or via email at [email protected]