Goosehead Insurance (NASDAQ:GSHD) Issues Earnings Results, Beats Estimates By $0.17 EPS

Goosehead Insurance (NASDAQ:GSHD) issued its quarterly earnings results on Wednesday. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.17, FiscalAI reports. Goosehead Insurance had a net margin of 7.94% and a negative return on equity of 20.96%. The firm had revenue of $95.63 million for the quarter, compared to analyst estimates of $103.30 million. During the same period in the previous year, the business earned $0.49 EPS. The company’s revenue was up 20.6% compared to the same quarter last year.

Here are the key takeaways from Goosehead Insurance’s conference call:

• Goosehead delivered a strong second quarter, with total written premiums up 14%, policies in force up 15%, and revenues up 21% year over year; adjusted EBITDA came in at $38 million with a 34% margin.
• Client retention improved to 86%, the highest level since the hard market began, and management said it sees no structural barrier to eventually returning to its prior peak of 89%.
• The company raised its full-year 2026 outlook, now expecting organic total revenue growth of 12% to 19%, citing better-than-expected contingent commissions and an anticipated second-half acceleration in core revenue.
• Leadership highlighted strong momentum in growth channels, including enterprise sales reaching about $3 million in new business commissions and agency fees in the quarter and continuing to expand rapidly as a meaningful future contributor.
• CEO Mark Miller announced his retirement at year-end, with Mark Jones Jr. set to become CEO; the company framed the transition as planned and emphasized continuity in strategy and execution.

Goosehead Insurance Price Performance

GSHD stock traded down $2.35 during midday trading on Wednesday, reaching $51.40. 409,589 shares of the company were exchanged, compared to its average volume of 579,541. The business has a 50-day moving average price of $43.45 and a two-hundred day moving average price of $49.31. Goosehead Insurance has a one year low of $33.68 and a one year high of $103.46. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 41.99, a price-to-earnings-growth ratio of 1.90 and a beta of 1.41.

Analyst Ratings Changes

A number of analysts recently issued reports on GSHD shares. Weiss Ratings raised Goosehead Insurance from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 9th. Keefe, Bruyette & Woods boosted their price target on Goosehead Insurance from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Cantor Fitzgerald upped their price objective on Goosehead Insurance from $67.00 to $76.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Citizens Jmp decreased their target price on shares of Goosehead Insurance from $125.00 to $100.00 and set a “market outperform” rating for the company in a research note on Monday, April 13th. Finally, Bank of America lowered their price objective on shares of Goosehead Insurance from $43.00 to $37.00 and set an “underperform” rating on the stock in a research note on Tuesday, April 14th. Seven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $68.73.

Insider Activity at Goosehead Insurance

In other Goosehead Insurance news, major shareholder & Robyn Jones Descendants Mark sold 82,689 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $41.77, for a total transaction of $3,453,919.53. Following the completion of the sale, the insider directly owned 7,050,356 shares in the company, valued at $294,493,370.12. This trade represents a 1.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO John Arthur Martin acquired 5,000 shares of Goosehead Insurance stock in a transaction dated Thursday, May 28th. The shares were purchased at an average price of $34.73 per share, with a total value of $173,650.00. Following the acquisition, the chief financial officer owned 5,000 shares of the company’s stock, valued at approximately $173,650. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders purchased 12,800 shares of company stock valued at $480,718 and sold 219,192 shares valued at $9,092,267. 38.07% of the stock is currently owned by company insiders.

Institutional Trading of Goosehead Insurance

Several institutional investors have recently added to or reduced their stakes in GSHD. HRT Financial LP lifted its holdings in shares of Goosehead Insurance by 209.8% during the fourth quarter. HRT Financial LP now owns 61,565 shares of the company’s stock worth $4,534,000 after buying an additional 41,695 shares in the last quarter. Voloridge Investment Management LLC grew its stake in shares of Goosehead Insurance by 21.4% in the fourth quarter. Voloridge Investment Management LLC now owns 40,304 shares of the company’s stock valued at $2,968,000 after acquiring an additional 7,100 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its stake in shares of Goosehead Insurance by 2.1% in the third quarter. CANADA LIFE ASSURANCE Co now owns 27,209 shares of the company’s stock valued at $1,999,000 after acquiring an additional 566 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Goosehead Insurance by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,369 shares of the company’s stock worth $1,578,000 after acquiring an additional 578 shares during the period. Finally, Intech Investment Management LLC increased its position in Goosehead Insurance by 28.2% during the first quarter. Intech Investment Management LLC now owns 11,179 shares of the company’s stock worth $1,320,000 after acquiring an additional 2,461 shares during the period.

About Goosehead Insurance

Goosehead Insurance (NASDAQ: GSHD) is a technology-driven insurance agency that connects consumers with a broad range of personal and commercial insurance products through an extensive network of independent insurance advisors. The company specializes in homeowners, auto, flood, dwelling fire, umbrella, life, and commercial lines coverage, working with multiple national and regional carriers to offer tailored policies. By combining advanced quoting tools with local market expertise, Goosehead streamlines the insurance shopping process and helps clients find competitive coverage options.

Founded in 2003 and headquartered in Westlake, Texas, Goosehead has grown its footprint across more than 40 states in the U.S.