WESTLAKE, Texas, April 17, 2024 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. ("Goosehead" or the "Company") (NASDAQ:GSHD), announced today that it will report its first quarter 2024 results after the market close on Wednesday, April 24, 2024. The company will hold a conference call to discuss results at 4:30 PM ET on April 24th. To access the call by phone, participants should go to this link (registration link), and you will be provided with the dial in details. A live webcast of the conference call will ...

WESTLAKE, Texas, April 17, 2024 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. (“Goosehead” or the “Company”) (NASDAQ: GSHD), announced today that it will report its first quarter 2024 results after the market close on Wednesday, April 24, 2024. The company will hold a conference call to discuss results at 4:30 PM ET on April 24th. To access the call by phone, participants should go to this link (registration link), and you will be provided with the dial in details. A live webcast of the conference call will ...

Goosehead Insurance (GSHD) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, t ...

Investors in Goosehead Insurance, Inc. (GSHD) need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 21, 2024 $45 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It coul ...

Investors interested in Insurance - Multi line stocks are likely familiar with M?nchener R?ckversicherungs-Gesellschaft (MURGY) and Goosehead Insurance (GSHD) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38466 GOOSEHEAD INSURANCE, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organizatio ...

GOOSEHEAD INSURANCE, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS – Total Revenue Increased 25% for the year to $261.3 million – – Core Revenue Grew 24% for the year to $233.0 million – – Adjusted EBITDA in 2023 up 90% to $69.8 million – WESTLAKE, TEXAS – February 21, 2024 - Goosehead Insurance, Inc. ("Goosehead" or the "Company") (NASDAQ: GSHD), a rapidly growing independent personal lines insurance agency, today announced results for the fourth quarter and year ended December 31, 2023. Fourth ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Westlake (Address of principal executive offices) (Zip Code) Delaware 82-3886022 (IRS Employer Identification No.) For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ______ Commission file numbe ...

Goosehead Insurance, Inc (NASDAQ:GSHD) Q3 2023 Earnings Conference Call October 25, 2023 4:30 PM ET Company Participants Dan Farrell - Vice President, Capital Markets Mark Jones - Chairman & Chief Executive Officer Mark Miller - President & Chief Operating Officer Mark Jones Jr. - Chief Financial Officer Brian Pattillo - Executive Vice President Conference Call Participants Michael Zaremski - BMO Brian Meredith - UBS Securities Mark Hughes - Truist Securities Meyer Shields - Keefe, Bruyette & Woods Scott He ...

Financial Data and Key Metrics Changes - The company reported a 31% increase in total revenue for Q2 2023, reaching $69.3 million, with core revenue growing by 27% to $61 million [14][67] - Adjusted EBITDA increased by 85% year-over-year to $23.1 million, with the adjusted EBITDA margin expanding to 33% from 24% [92] - Premiums increased by 36% to $767 million, with franchise premiums up 40% to $588 million and corporate premiums up 22% to $180 million [34] Business Line Data and Key Metrics Changes - Productivity for corporate agents increased by 57% compared to Q2 2022, with new agents from college campuses showing a 70% increase in productivity over their counterparts from the previous year [6][20][131] - The restructuring of the corporate sales team has led to significant improvements in agent productivity and overall performance [20][24] Market Data and Key Metrics Changes - The company accounted for approximately 4.4% of new mortgage real estate transactions in the U.S., up from 3.7% a year ago [63] - The company has onboarded 24 new carriers to its platform this year, enhancing its product offerings amid a challenging market [44][102] Company Strategy and Development Direction - The company is focused on expanding its franchise network and improving the productivity of existing franchises by removing underperforming agents and onboarding high-quality producers [46][55] - The introduction of Quote to Issue technology is expected to enhance agent productivity and improve the purchasing experience for clients [27][58] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate challenging market conditions, emphasizing that the restructuring efforts are yielding strong top-line growth and sustainable profitability improvements [44][50] - The company anticipates a reacceleration of revenue and premium growth throughout 2024 as it continues to add high-quality producers and improve productivity [32][91] Other Important Information - The company expects total written premiums for 2023 to be between $2.89 billion and $2.98 billion, representing organic growth of 30% to 35% [38] - A one-time non-cash impairment charge of $3.6 million was recorded due to the consolidation of office space [37] Q&A Session Summary Question: Long-term growth expectations and digital agent evolution - Management indicated that while growth was slower than expected, the focus remains on maximizing productivity and profitability before adding new agents, which sets the stage for long-term growth [76] Question: Margin improvement expectations - Management noted that while margin improvements may be more modest in the second half of the year, they are committed to investing in growth initiatives [84][100] Question: Contingent commissions growth drivers - The growth in contingent commissions was primarily driven by volume-based contingencies rather than profitability-based ones, with expectations for around 40 basis points of total written premium for the year [104] Question: Impact of market conditions on growth expectations - Management remains committed to growth initiatives despite challenging market conditions, emphasizing the productivity gains achieved by agents [105] Question: Franchise onboarding and productivity - The company onboarded 72 agencies in the quarter and expects to continue recruiting throughout the summer [106]