William Blair Issues Optimistic Forecast for GSHD Earnings

Goosehead Insurance, Inc (NASDAQ:GSHD) – Equities researchers at William Blair lifted their FY2025 earnings per share (EPS) estimates for shares of Goosehead Insurance in a research note issued on Tuesday, February 25th. William Blair analyst A. Klauber now anticipates that the company will post earnings per share of $0.86 for the year, up from their previous forecast of $0.67. The consensus estimate for Goosehead Insurance’s current full-year earnings is $0.83 per share. William Blair also issued estimates for Goosehead Insurance’s FY2026 earnings at $1.39 EPS.

GSHD has been the subject of several other reports. TD Cowen lifted their price objective on Goosehead Insurance from $94.00 to $130.00 and gave the stock a “hold” rating in a report on Wednesday, November 20th. Bank of America lifted their price objective on Goosehead Insurance from $39.00 to $43.00 and gave the stock an “underperform” rating in a report on Tuesday, February 25th. Truist Financial reaffirmed a “hold” rating and set a $90.00 price objective (up from $80.00) on shares of Goosehead Insurance in a report on Tuesday, February 25th. JPMorgan Chase & Co. lifted their price objective on Goosehead Insurance from $77.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, January 3rd. Finally, Keefe, Bruyette & Woods lifted their price objective on Goosehead Insurance from $110.00 to $127.00 and gave the stock an “outperform” rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $105.10.

Goosehead Insurance Stock Up 1.3 %

GSHD opened at $123.21 on Friday. The company has a debt-to-equity ratio of 37.70, a current ratio of 1.55 and a quick ratio of 1.55. The business has a 50 day simple moving average of $108.66 and a 200-day simple moving average of $103.69. The stock has a market capitalization of $4.57 billion, a P/E ratio of 171.13, a P/E/G ratio of 5.17 and a beta of 1.43. Goosehead Insurance has a 12 month low of $50.47 and a 12 month high of $130.39.

Hedge Funds Weigh In On Goosehead Insurance

Institutional investors have recently made changes to their positions in the stock. Louisiana State Employees Retirement System grew its position in shares of Goosehead Insurance by 0.9% in the fourth quarter. Louisiana State Employees Retirement System now owns 11,800 shares of the company’s stock valued at $1,265,000 after purchasing an additional 100 shares during the period. Mechanics Bank Trust Department grew its position in shares of Goosehead Insurance by 4.5% in the fourth quarter. Mechanics Bank Trust Department now owns 2,552 shares of the company’s stock valued at $274,000 after purchasing an additional 109 shares during the period. Janus Henderson Group PLC grew its position in shares of Goosehead Insurance by 0.6% in the fourth quarter. Janus Henderson Group PLC now owns 22,109 shares of the company’s stock valued at $2,371,000 after purchasing an additional 139 shares during the period. New York State Teachers Retirement System grew its position in shares of Goosehead Insurance by 1.5% in the fourth quarter. New York State Teachers Retirement System now owns 13,468 shares of the company’s stock valued at $1,444,000 after purchasing an additional 204 shares during the period. Finally, Los Angeles Capital Management LLC grew its position in shares of Goosehead Insurance by 2.4% in the fourth quarter. Los Angeles Capital Management LLC now owns 8,942 shares of the company’s stock valued at $959,000 after purchasing an additional 210 shares during the period.

Goosehead Insurance Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 21st were issued a $5.91 dividend. This is a boost from Goosehead Insurance’s previous dividend of $1.63. The ex-dividend date of this dividend was Tuesday, January 21st. Goosehead Insurance’s payout ratio is 400.00%.

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.