Goosehead Insurance (NASDAQ:GSHD) Announces Quarterly Earnings Results

Posted by Geri Gentry on Nov 11th, 2026

Goosehead Insurance (NASDAQ:GSHD – Get Free Report) issued its quarterly earnings data on Monday. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.02, Briefing.com reports. Goosehead Insurance had a negative return on equity of 21.00% and a net margin of 8.78%. The company had revenue of $105.90 million during the quarter, compared to analysts’ expectations of $105.39 million. During the same period last year, the business earned $0.46 earnings per share.

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

Prior financial statements need to be restated: Goosehead said its 2023–2025 annual statements and first-half 2026 quarterly statements should no longer be relied upon while its review continues. The preliminary accounting changes are expected to increase reported revenue, operating income, and Adjusted EBITDA, but not Core Revenue, cash flows, or underlying business economics.
Third-quarter growth was solid, and full-year outlook was reaffirmed: Revenue rose 17%, Core Revenue 13%, policies in force 14%, and new business commissions 21% year over year. The company maintained its 2026 organic growth outlook of 12%–19% for revenue and 12%–20% for total written premiums.
Falling insurance prices are weighing on renewal revenue: Executives cited more pronounced pricing declines in the quarter, particularly in Texas, with auto prices down mid-single digits and home prices down low-single digits overall. Lower premiums per policy are a near-term headwind, and management said it could not predict when pricing pressure would ease.
Partnerships, franchise growth, and service initiatives are expanding the business: Enterprise sales’ new business grew more than 50% for an eighth consecutive quarter, while client retention improved to 86% and digital channels handled nearly a third of service work. Management said contingent commission expectations increased to 80–110 basis points of written premiums for 2026.
CEO Mark Miller will retire at year-end: Miller endorsed President and COO Mark Jones Jr. as his successor and described the transition as planned, while expressing confidence in the company’s future leadership.

Goosehead Insurance Stock Performance

Shares of GSHD stock opened at $46.52 on Wednesday. The stock’s fifty day moving average is $50.69 and its 200-day moving average is $50.41. The stock has a market capitalization of $1.65 billion, a PE ratio of 33.89, a PEG ratio of 2.06 and a beta of 1.51. Goosehead Insurance has a 52 week low of $33.68 and a 52 week high of $79.85.

Analysts Set New Price Targets

A number of brokerages recently issued reports on GSHD. Piper Sandler increased their target price on shares of Goosehead Insurance from $48.00 to $56.00 and gave the stock a “neutral” rating in a research report on Tuesday. BMO Capital Markets reissued a “market perform” rating on shares of Goosehead Insurance in a report on Wednesday, October 14th. Texas Capital upgraded shares of Goosehead Insurance from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 29th. Keefe, Bruyette & Woods reduced their price target on shares of Goosehead Insurance from $72.00 to $66.00 and set an “outperform” rating on the stock in a research report on Monday, October 12th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Goosehead Insurance from $68.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Goosehead Insurance presently has an average rating of “Hold” and a consensus target price of $65.08.

Check Out Our Latest Report on Goosehead Insurance

Insider Activity

In other Goosehead Insurance news, major shareholder Adrienne Kebodeaux sold 7,000 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $70.00, for a total value of $490,000.00. Following the completion of the transaction, the insider directly owned 273,027 shares of the company’s stock, valued at approximately $19,111,890. The trade was a 2.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Durable Capital Partners Lp acquired 150,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was bought at an average price of $47.32 per share, with a total value of $7,098,000.00. Following the transaction, the insider directly owned 2,720,260 shares in the company, valued at $128,722,703.20. The trade was a 5.84% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 38.07% of the company’s stock.

Goosehead Insurance News Roundup

Here are the key news stories impacting Goosehead Insurance this week:

Positive Sentiment: Goosehead reported Q3 EPS of $0.53, ahead of the $0.51 consensus and up from $0.46 a year earlier. Revenue was $105.9 million, slightly above estimates of $105.39 million. Goosehead Insurance reports Q3 results
Positive Sentiment: The company reaffirmed its full-year 2026 earnings guidance and issued revenue guidance of $108.8 million–$110.8 million, above the cited analyst estimate of $105.1 million. Preliminary third-quarter results
Neutral Sentiment: Piper Sandler raised its price target from $48 to $56 but kept a neutral rating, signaling a higher valuation estimate without a more bullish recommendation. Piper Sandler ratings
Negative Sentiment: Goosehead said previously issued financial statements dating back to 2023 should no longer be relied upon and must be restated to correct GAAP departures. It also delayed its full earnings release. The revisions could undermine confidence in past results and create uncertainty about the company’s financial reporting. Company announcement
Negative Sentiment: Law firms announced investigations into potential securities-law violations following the disclosure. These are investigations, not findings of wrongdoing, but could add legal costs and reputational risk. Investigation announcement

Goosehead Insurance Company Profile

(Get Free Report)

Goosehead Insurance is an independent insurance agency that distributes personal insurance products through a network of company-operated and franchised locations. The company works with multiple insurance carriers, helping customers compare coverage options and obtain policies. Its offerings include homeowners, automobile, flood, umbrella and other personal insurance products. Goosehead also provides technology and support services to its agents, including tools for quoting, policy management and customer service.