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

Goosehead Insurance (NASDAQ:GSHD) issued its quarterly earnings data on Wednesday. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.17, FiscalAI reports. Goosehead Insurance had a net margin of 8.78% and a negative return on equity of 21.28%. The firm had revenue of $95.63 million for the quarter, compared to analysts’ expectations of $103.30 million. During the same period in the prior year, the company earned $0.49 EPS. The firm’s revenue was up 20.6% on a year-over-year basis.

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 Stock Performance

Shares of GSHD traded up $3.32 during midday trading on Friday, hitting $57.22. 185,883 shares of the stock traded hands, compared to its average volume of 499,200. The business’s 50 day moving average price is $44.09 and its two-hundred day moving average price is $49.04. The firm has a market capitalization of $2.04 billion, a PE ratio of 41.81, a price-to-earnings-growth ratio of 1.82 and a beta of 1.41. Goosehead Insurance has a 1-year low of $33.68 and a 1-year high of $93.90.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on GSHD shares. Royal Bank Of Canada lifted their price objective on Goosehead Insurance from $55.00 to $58.00 and gave the stock a “sector perform” rating in a research report on Thursday. JPMorgan Chase & Co. lifted their price objective on Goosehead Insurance from $55.00 to $60.00 and gave the company a “neutral” rating in a research report on Monday, July 13th. Citizens Jmp decreased their price target on Goosehead Insurance from $125.00 to $100.00 and set a “market outperform” rating on the stock in a research note on Monday, April 13th. Weiss Ratings raised shares of Goosehead Insurance from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 9th. Finally, Bank of America decreased their price target on shares of Goosehead Insurance from $43.00 to $37.00 and set an “underperform” rating on the stock in a report on Tuesday, April 14th. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Goosehead Insurance has a consensus rating of “Hold” and a consensus target price of $68.27.

Insider Activity at Goosehead Insurance

In other Goosehead Insurance news, major shareholder Patrick Ryan Langston acquired 2,800 shares of the stock in a transaction dated Friday, May 29th. The shares were bought at an average price of $35.56 per share, with a total value of $99,568.00. Following the purchase, the insider directly owned 7,800 shares of the company’s stock, valued at approximately $277,368. This trade represents a 56.00% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder & Robyn Jones Descendants Mark sold 9,588 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $40.76, for a total transaction of $390,806.88. Following the sale, the insider directly owned 6,995,180 shares of the company’s stock, valued at approximately $285,123,536.80. This represents a 0.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders acquired 12,800 shares of company stock worth $480,718 and sold 219,192 shares worth $9,092,267. 38.07% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Goosehead Insurance

Several large investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Goosehead Insurance by 480.4% in the second quarter. EverSource Wealth Advisors LLC now owns 325 shares of the company’s stock worth $34,000 after buying an additional 269 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Goosehead Insurance by 802.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 442 shares of the company’s stock valued at $47,000 after acquiring an additional 393 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Goosehead Insurance in the 4th quarter valued at approximately $41,000. Quadrant Capital Group LLC boosted its stake in Goosehead Insurance by 614.3% in the 4th quarter. Quadrant Capital Group LLC now owns 1,000 shares of the company’s stock worth $74,000 after purchasing an additional 860 shares during the period. Finally, State of Wyoming purchased a new position in Goosehead Insurance during the 4th quarter worth approximately $79,000.

Goosehead Insurance Company Profile

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.