Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Goosehead Insurance, Inc    GSHD

GOOSEHEAD INSURANCE, INC

(GSHD)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Goosehead Insurance, Inc. Surpasses $1 Billion of Total Written Premium Placed

11/23/2020 | 08:59am EST

WESTLAKE, Texas, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. (“Goosehead” or the “Company”) (NASDAQ: GSHD), a rapidly growing independent personal lines insurance agency, announced today that the company surpassed $1 billion in total written premium placed for the trailing twelve months ending October 31, 2020.

“This is an important and gratifying milestone for our firm as we progress towards our long-term goal of US personal lines industry leadership” stated Mark E Jones, Chairman and Chief Executive Officer of Goosehead. “For the trailing 5 and 10 years ending October 2020, we have achieved compound annual premium growth of 45% and 37%, respectively. Since our initial public offering in April of 2018 through the end of October 2020, we have grown total written premiums placed 47% on a compound annual basis. Our success has been a result of the consistent and meaningful investments we have made in people and technology over the last decade. We are well positioned for a strong finish to 2020 and our ongoing investments should fuel significant growth into 2021 and beyond. This exceptional performance would not be possible without the dedication and tireless efforts of our talented corporate employees and franchises.”

About Goosehead

Goosehead (NASDAQ: GSHD) is a rapidly growing and innovative independent personal lines insurance agency that distributes its products and services throughout the United States. Goosehead was founded on the premise that the consumer should be at the center of our universe and that everything we do should be directed at providing extraordinary value by offering broad product choice and a world-class service experience. Goosehead represents over 100 insurance companies that underwrite personal lines and small commercial lines risks, and its operations include a network of nine corporate sales offices and over 1,261 operating and contracted franchise locations. For more information, please visit gooseheadinsurance.com.

Forward-Looking Statements

This press release may contain various “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which represent Goosehead’s expectations or beliefs concerning future events. Forward-looking statements are statements other than historical facts and may include statements that address future operating, financial or business performance or Goosehead’s strategies or expectations. In some cases, you can identify these statements by forward-looking words such as “may”, “might”, “will”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “projects”, “potential”, “outlook” or “continue”, or the negative of these terms or other comparable terminology. Forward-looking statements are based on management’s current expectations and beliefs and involve significant risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by these statements.

Factors that could cause actual results or performance to differ from the expectations expressed or implied in such forward-looking statements include, but are not limited to, conditions impacting insurance carriers or other parties with which Goosehead does business, the economic effects of the COVID-19 pandemic, the loss of one or more key executives or an inability to attract and retain qualified personnel and the failure to attract and retain highly qualified franchisees. These risks and uncertainties also include, but are not limited to, those described under the captions “1A. Risk Factors” in Goosehead’s Annual Report on Form 10-K for the year ended December 31, 2019, "Part II, Item 1A. Risk Factors" in Goosehead's Quarterly Report on Form 10-Q for the three months ended September 30, 2020 and in Goosehead’s other filings with the SEC, which are available free of charge on the Securities Exchange Commission's website at: www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated. All forward-looking statements and all subsequent written and oral forward-looking statements attributable to Goosehead or to persons acting on behalf of Goosehead are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and Goosehead does not undertake any obligation to update them in light of new information, future developments or otherwise, except as may be required under applicable law.

Contacts

Investor Contact:

Dan Farrell
Goosehead Insurance – VP Capital Markets
Phone: (214) 838-5290
E-mail: dan.farrell@goosehead.comIR@goosehead.comPR@goosehead.com 


Primary Logo


© GlobeNewswire 2020
All news about GOOSEHEAD INSURANCE, INC
01/07Some CEOs Fire Rioters, Call for President Trump's Removal From Office
DJ
2020GOOSEHEAD INSURANCE : Surpasses $1 Billion of Total Written Premium Placed
AQ
2020Goosehead Insurance, Inc. Surpasses $1 Billion of Total Written Premium Place..
GL
2020GOOSEHEAD INSURANCE : Investor Presentation - November 2020
PU
2020BofA Securities Reinstates Goosehead Insurance at Neutral With $133 Price Tar..
MT
2020GOOSEHEAD INSURANCE, INC. : Management's discussion and analysis of financial co..
AQ
2020GOOSEHEAD : 3Q Earnings Snapshot
AQ
2020GOOSEHEAD INSURANCE, INC. : Results of Operations and Financial Condition, Finan..
AQ
2020GOOSEHEAD INSURANCE : Announces Third Quarter 2020 Results
AQ
2020Goosehead Insurance, Inc. Announces Third Quarter 2020 Results
GL
More news
Financials (USD)
Sales 2020 114 M - -
Net income 2020 9,55 M - -
Net Debt 2020 45,8 M - -
P/E ratio 2020 233x
Yield 2020 0,45%
Capitalization 2 355 M 2 355 M -
EV / Sales 2020 21,1x
EV / Sales 2021 15,0x
Nbr of Employees 575
Free-Float 45,7%
Chart GOOSEHEAD INSURANCE, INC
Duration : Period :
Goosehead Insurance, Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GOOSEHEAD INSURANCE, INC
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 128,50 $
Last Close Price 128,83 $
Spread / Highest target 11,0%
Spread / Average Target -0,26%
Spread / Lowest Target -6,85%
EPS Revisions
Managers and Directors
NameTitle
Mark E. Jones Chairman & Chief Executive Officer
Michael C. Colby President & Chief Operating Officer
Mark S. Colby Chief Financial Officer
Drew Burks Chief Information Officer
Robyn Jones Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
GOOSEHEAD INSURANCE, INC3.26%2 417
AON PLC-0.62%47 188
WILLIS TOWERS WATSON PUBLIC LIMITED COMPANY-0.65%26 982
ARTHUR J. GALLAGHER & CO.-5.09%22 750
BROWN & BROWN, INC.-3.67%13 558
STEADFAST GROUP LIMITED2.01%2 710