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Hot Stocks
Goosehead Insurance CFO Jones sells approximately 85K shares of stock » 17:40
11/14/22
11/14
17:40
11/14/22
17:40
GSHD

Goosehead Insurance

$38.82 /

-2.41 (-5.85%)

CFO of Goosehead…

CFO of Goosehead Insurance Mark Jones sold 84,913 shares of company stock at $40.93 per share between November 10 through November 11 for a total transaction amount of $3,475,70.

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GSHD Goosehead Insurance
$38.82 /

-2.41 (-5.85%)

GSHD Goosehead Insurance
$38.82 /

-2.41 (-5.85%)

10/27/22 Truist
Goosehead Insurance price target lowered to $40 from $55 at Truist
10/27/22 RBC Capital
Goosehead Insurance price target lowered to $75 from $100 at RBC Capital
10/18/22 JMP Securities
Goosehead Insurance price target lowered to $100 from $120 at JMP Securities
07/28/22 William Blair
Goosehead Insurance downgraded to Market Perform from Outperform at William Blair
GSHD Goosehead Insurance
$38.82 /

-2.41 (-5.85%)

GSHD Goosehead Insurance
$38.82 /

-2.41 (-5.85%)

Over a month ago
Recommendations
Goosehead Insurance price target lowered to $40 from $55 at Truist » 09:29
10/27/22
10/27
09:29
10/27/22
09:29
GSHD

Goosehead Insurance

$34.96 /

+0.675 (+1.97%)

Truist analyst Mark…

Truist analyst Mark Hughes lowered the firm's price target on Goosehead Insurance to $40 from $55 and keeps a Hold rating on the shares after its Q3 results. Earnings benefited from premium rate gains but new sales trends are decelerating, the analyst tells investors in a research note. Hughes adds that with a valuation that far exceeds the insurance industry norm on near- to medium-term financial metrics, the stock could have difficulty making much forward progress if growth is perceived as decelerating.

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GSHD Goosehead Insurance
$34.96 /

+0.675 (+1.97%)

GSHD Goosehead Insurance
$34.96 /

+0.675 (+1.97%)

10/27/22 RBC Capital
Goosehead Insurance price target lowered to $75 from $100 at RBC Capital
10/18/22 JMP Securities
Goosehead Insurance price target lowered to $100 from $120 at JMP Securities
07/28/22 William Blair
Goosehead Insurance downgraded to Market Perform from Outperform at William Blair
07/28/22 William Blair
Goosehead downgraded to Market Perform from Outperform at William Blair
GSHD Goosehead Insurance
$34.96 /

+0.675 (+1.97%)

GSHD Goosehead Insurance
$34.96 /

+0.675 (+1.97%)

Recommendations
Goosehead Insurance price target lowered to $75 from $100 at RBC Capital » 08:13
10/27/22
10/27
08:13
10/27/22
08:13
GSHD

Goosehead Insurance

$34.96 /

+0.675 (+1.97%)

RBC Capital analyst Mark…

RBC Capital analyst Mark Dwelle lowered the firm's price target on Goosehead Insurance to $75 from $100 but keeps an Outperform rating on the shares. The company's Q3 results reflect continued core revenue growth, and while new business has begun to slow, strong price increases have driven very strong renewals, the analyst tells investors in a research note. Goosehead remains a high growth, cash flow generating franchise, Dwelle adds.

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GSHD Goosehead Insurance
$34.96 /

+0.675 (+1.97%)

GSHD Goosehead Insurance
$34.96 /

+0.675 (+1.97%)

10/18/22 JMP Securities
Goosehead Insurance price target lowered to $100 from $120 at JMP Securities
07/28/22 William Blair
Goosehead Insurance downgraded to Market Perform from Outperform at William Blair
07/28/22 William Blair
Goosehead downgraded to Market Perform from Outperform at William Blair
07/12/22 Piper Sandler
Goosehead Insurance price target lowered to $57 from $75 at Piper Sandler
GSHD Goosehead Insurance
$34.96 /

+0.675 (+1.97%)

GSHD Goosehead Insurance
$34.96 /

+0.675 (+1.97%)

Earnings
Goosehead Insurance cuts FY22 revenue view to $194M-$205M from $197M-$212M » 16:11
10/26/22
10/26
16:11
10/26/22
16:11
GSHD

Goosehead Insurance

$35.02 /

+0.735 (+2.14%)

Consensus $201.79M. The…

Consensus $201.79M. The company said, "Total written premiums placed for 2022 are expected to be between $2.176 billion and $2.215 billion, representing organic growth of 40% on the low end of the range to 42% on the high end of the range. Total revenues for 2022 are expected to be between $194 million and $205 million, representing organic growth of 28% on the low end of the range to 35% on the high end of the range, driven by high levels of Core Revenue growth partly offset by lower than historical average contingent commissions of $7-10 million for the full year 2022 as our carriers continue to struggle with their underwriting profitability. After a year of historical investments in people, technology, and real estate, Adjusted EBITDA Margin is expected to expand for the full year 2022."

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GSHD Goosehead Insurance
$35.02 /

+0.735 (+2.14%)

GSHD Goosehead Insurance
$35.02 /

+0.735 (+2.14%)

10/18/22 JMP Securities
Goosehead Insurance price target lowered to $100 from $120 at JMP Securities
07/28/22 William Blair
Goosehead Insurance downgraded to Market Perform from Outperform at William Blair
07/28/22 William Blair
Goosehead downgraded to Market Perform from Outperform at William Blair
07/12/22 Piper Sandler
Goosehead Insurance price target lowered to $57 from $75 at Piper Sandler
GSHD Goosehead Insurance
$35.02 /

+0.735 (+2.14%)

GSHD Goosehead Insurance
$35.02 /

+0.735 (+2.14%)

Earnings
Goosehead Insurance reports Q3 core EPS 24c, consensus 19c » 16:10
10/26/22
10/26
16:10
10/26/22
16:10
GSHD

Goosehead Insurance

$35.03 /

+0.745 (+2.17%)

Reports Q3 revenue…

Reports Q3 revenue $57.69M, consensus $54.65M. "We delivered excellent growth in revenue and earnings for the third quarter, further validating the strength and consistency of our platform in an increasingly challenging macro-economic environment," stated Mark Jones, chairman and CEO. "In the third quarter premiums grew 42% with some increasing benefit from auto and home rates that could continue through this year and into 2023 given industry loss trends. Total revenues increased 38%, core revenues grew 39% and Adjusted EBITDA increased 67% with EBITDA margin up over 320 basis points. We are already beginning to see the emerging benefits from optimizing our resources to emphasize growth of our Franchise distribution and drive improvement in productivity of Corporate distribution. Franchise launches were up 57% in the quarter while the quality of our Franchises and pipeline continues to improve. We are ramping up our efforts to help an increasing number of franchises scale operations through producer additions and we are creating more opportunity for our highest quality corporate agents to become franchisees. We expect these efforts to result in continued strong growth of our approximately 2,500 total sales agents across both Corporate and Franchise distribution as we continue our march towards industry leadership in US Personal Lines."

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GSHD Goosehead Insurance
$35.03 /

+0.745 (+2.17%)

GSHD Goosehead Insurance
$35.03 /

+0.745 (+2.17%)

10/18/22 JMP Securities
Goosehead Insurance price target lowered to $100 from $120 at JMP Securities
07/28/22 William Blair
Goosehead Insurance downgraded to Market Perform from Outperform at William Blair
07/28/22 William Blair
Goosehead downgraded to Market Perform from Outperform at William Blair
07/12/22 Piper Sandler
Goosehead Insurance price target lowered to $57 from $75 at Piper Sandler
GSHD Goosehead Insurance
$35.03 /

+0.745 (+2.17%)

GSHD Goosehead Insurance
$35.03 /

+0.745 (+2.17%)

Recommendations
Goosehead Insurance price target lowered to $100 from $120 at JMP Securities » 06:17
10/18/22
10/18
06:17
10/18/22
06:17
GSHD

Goosehead Insurance

$30.66 /

+1.22 (+4.14%)

JMP Securities analyst…

JMP Securities analyst Matthew Carletti lowered the firm's price target on Goosehead Insurance to $100 from $120 but keeps an Outperform rating on the shares as part of a broader research note on InsurTech names. Q3 results will likely reflect an "increasingly complex picture" for the industry as a high level of mark-to-market investment losses and an elevated level of catastrophe losses highlighted by Hurricane Ian will negatively impact earnings and book value growth for many, though investors' focus will likely be more forward looking around loss cost inflation pressures, recession fears, and the sustainability of primary pricing, the analyst tells investors in a research note.

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GSHD Goosehead Insurance
$30.66 /

+1.22 (+4.14%)

GSHD Goosehead Insurance
$30.66 /

+1.22 (+4.14%)

07/28/22 William Blair
Goosehead Insurance downgraded to Market Perform from Outperform at William Blair
07/28/22 William Blair
Goosehead downgraded to Market Perform from Outperform at William Blair
07/12/22 Piper Sandler
Goosehead Insurance price target lowered to $57 from $75 at Piper Sandler
06/24/22 JMP Securities
Goosehead Insurance price target lowered to $120 from $130 at JMP Securities
GSHD Goosehead Insurance
$30.66 /

+1.22 (+4.14%)

GSHD Goosehead Insurance
$30.66 /

+1.22 (+4.14%)

Conference/Events
Goosehead Insurance management to meet with JMP Securities » 04:55
10/11/22
10/11
04:55
10/11/22
04:55
GSHD

Goosehead Insurance

$32.94 /

+0.17 (+0.52%)

Meeting to be held in…

Meeting to be held in Boston on October 11 hosted by JMP Securities.

ShowHide Related Items >><<
GSHD Goosehead Insurance
$32.94 /

+0.17 (+0.52%)

GSHD Goosehead Insurance
$32.94 /

+0.17 (+0.52%)

07/28/22 William Blair
Goosehead Insurance downgraded to Market Perform from Outperform at William Blair
07/28/22 William Blair
Goosehead downgraded to Market Perform from Outperform at William Blair
07/12/22 Piper Sandler
Goosehead Insurance price target lowered to $57 from $75 at Piper Sandler
06/24/22 JMP Securities
Goosehead Insurance price target lowered to $120 from $130 at JMP Securities
GSHD Goosehead Insurance
$32.94 /

+0.17 (+0.52%)

GSHD Goosehead Insurance
$32.94 /

+0.17 (+0.52%)

Conference/Events
Goosehead Insurance management to meet with Piper Sandler » 04:55
10/05/22
10/05
04:55
10/05/22
04:55
GSHD

Goosehead Insurance

$38.00 /

+0.95 (+2.56%)

Meeting to be held in New…

Meeting to be held in New York on October 5 hosted by Piper Sandler.

ShowHide Related Items >><<
GSHD Goosehead Insurance
$38.00 /

+0.95 (+2.56%)

GSHD Goosehead Insurance
$38.00 /

+0.95 (+2.56%)

07/28/22 William Blair
Goosehead Insurance downgraded to Market Perform from Outperform at William Blair
07/28/22 William Blair
Goosehead downgraded to Market Perform from Outperform at William Blair
07/12/22 Piper Sandler
Goosehead Insurance price target lowered to $57 from $75 at Piper Sandler
06/24/22 JMP Securities
Goosehead Insurance price target lowered to $120 from $130 at JMP Securities
GSHD Goosehead Insurance
$38.00 /

+0.95 (+2.56%)

GSHD Goosehead Insurance
$38.00 /

+0.95 (+2.56%)

Conference/Events
Goosehead Insurance management to meet with JMP Securities » 14:10
10/03/22
10/03
14:10
10/03/22
14:10
GSHD

Goosehead Insurance

$36.66 /

+0.89 (+2.49%)

Meeting to be held in…

Meeting to be held in Boston on October 11 hosted by JMP Securities.

ShowHide Related Items >><<
GSHD Goosehead Insurance
$36.66 /

+0.89 (+2.49%)

GSHD Goosehead Insurance
$36.66 /

+0.89 (+2.49%)

07/28/22 William Blair
Goosehead Insurance downgraded to Market Perform from Outperform at William Blair
07/28/22 William Blair
Goosehead downgraded to Market Perform from Outperform at William Blair
07/12/22 Piper Sandler
Goosehead Insurance price target lowered to $57 from $75 at Piper Sandler
06/24/22 JMP Securities
Goosehead Insurance price target lowered to $120 from $130 at JMP Securities
GSHD Goosehead Insurance
$36.66 /

+0.89 (+2.49%)

GSHD Goosehead Insurance
$36.66 /

+0.89 (+2.49%)

Conference/Events
Goosehead Insurance management to meet with Piper Sandler » 13:31
09/27/22
09/27
13:31
09/27/22
13:31
GSHD

Goosehead Insurance

$36.47 /

+0.465 (+1.29%)

Meeting to be held in New…

Meeting to be held in New York on October 5 hosted by Piper Sandler.

ShowHide Related Items >><<
GSHD Goosehead Insurance
$36.47 /

+0.465 (+1.29%)

GSHD Goosehead Insurance
$36.47 /

+0.465 (+1.29%)

07/28/22 William Blair
Goosehead Insurance downgraded to Market Perform from Outperform at William Blair
07/28/22 William Blair
Goosehead downgraded to Market Perform from Outperform at William Blair
07/12/22 Piper Sandler
Goosehead Insurance price target lowered to $57 from $75 at Piper Sandler
06/24/22 JMP Securities
Goosehead Insurance price target lowered to $120 from $130 at JMP Securities
GSHD Goosehead Insurance
$36.47 /

+0.465 (+1.29%)

GSHD Goosehead Insurance
$36.47 /

+0.465 (+1.29%)

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