Goosehead Insurance, Inc (GSHD) To Go Ex-Dividend on January 21st

Goosehead Insurance, Inc (NASDAQ:GSHD) announced a dividend on Thursday, January 9th,NASDAQ Dividends reports. Investors of record on Tuesday, January 21st will be given a dividend of 5.91 per share on Friday, January 31st. The ex-dividend date is Tuesday, January 21st. This is a boost from Goosehead Insurance’s previous dividend of $1.63.

Goosehead Insurance Trading Down 3.7 %

Shares of NASDAQ:GSHD opened at $110.35 on Friday. The company has a 50 day moving average of $114.24 and a 200-day moving average of $95.75. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 37.70. The firm has a market cap of $4.10 billion, a P/E ratio of 153.27, a P/E/G ratio of 2.97 and a beta of 1.41. Goosehead Insurance has a twelve month low of $50.47 and a twelve month high of $130.39.

Goosehead Insurance (NASDAQ:GSHD) last released its earnings results on Wednesday, October 23rd. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. Goosehead Insurance had a return on equity of 284.41% and a net margin of 6.77%. The firm had revenue of $78.04 million during the quarter, compared to the consensus estimate of $80.54 million. During the same period in the prior year, the firm posted $0.28 earnings per share. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. As a group, analysts anticipate that Goosehead Insurance will post 0.84 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. JMP Securities boosted their price target on shares of Goosehead Insurance from $100.00 to $115.00 and gave the stock a “market outperform” rating in a research report on Thursday, October 24th. BMO Capital Markets increased their target price on shares of Goosehead Insurance from $90.00 to $120.00 and gave the company a “market perform” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. lifted their price target on shares of Goosehead Insurance from $77.00 to $90.00 and gave the stock a “neutral” rating in a research report on Friday, January 3rd. Truist Financial increased their price objective on Goosehead Insurance from $65.00 to $80.00 and gave the company a “hold” rating in a research report on Friday, October 4th. Finally, TD Cowen lifted their target price on Goosehead Insurance from $94.00 to $130.00 and gave the stock a “hold” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $99.20.

Insider Transactions at Goosehead Insurance

In other Goosehead Insurance news, CEO Mark Miller sold 58,327 shares of Goosehead Insurance stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $110.22, for a total transaction of $6,428,801.94. Following the completion of the sale, the chief executive officer now owns 30,000 shares of the company’s stock, valued at $3,306,600. This trade represents a 66.04 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder Adrienne Kebodeaux sold 43,928 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $100.21, for a total value of $4,402,024.88. The disclosure for this sale can be found here. 38.03% of the stock is currently owned by insiders.

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.