Welcome to our dedicated news page for Goosehead Insurance Class A (Ticker: GSHD), a resource for investors and traders seeking the latest updates and insights on Goosehead Insurance Class A .
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Goosehead Insurance Class A 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Goosehead Insurance Class A 's position in the market.
Rhea-AI Summary
Goosehead Insurance, Inc. reported strong financial results for the first quarter of 2024, with total revenue increasing by 11% and core revenue growing by 13% compared to the prior-year period. Total written premium surged by 28% to $819 million, and the company achieved a net income of $1.8 million, a significant improvement from the net loss a year ago. Adjusted EBITDA stood at $11.7 million, reflecting a rise from the previous year. Goosehead also announced a $100 million share repurchase authorization through March 2025, showcasing confidence in its financial strength and future prospects.
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End-of-Day
-11.69%
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Goosehead Insurance, Inc. will release its first quarter 2024 results on April 24, 2024, followed by a conference call at 4:30 PM ET. The company invites participants to join via phone or webcast. A replay will be available on the investor relations website.
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End-of-Day
0.35%
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Goosehead Insurance, Inc. reported strong financial results for 2023, with total revenue up 25% to $261.3 million, core revenue growing 24% to $233.0 million, and net income reaching $23.7 million. Adjusted EBITDA surged 90% to $69.8 million. The company's fourth quarter highlights included a 10% increase in total revenues to $63.0 million, core revenue growth of 10% to $56.9 million, and net income of $5.4 million. Goosehead also saw a 29% increase in total written premiums and a 16% growth in policies in force. The CEO highlighted the successful strategic changes implemented in 2023, leading to improved productivity and earnings power. The company aims to drive accelerated new business production growth in 2024, especially within its Franchise network, to fuel revenue and earnings growth in the future.
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-17.91%
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Goosehead Insurance, Inc. announces CEO transition with Mark Jones becoming Executive Chairman and Mark Miller as the new CEO effective July 1, 2024. The company has shown significant growth with sustained annual premium growth exceeding 30% and total written premiums over $3B. Since the IPO in April 2018, Goosehead has delivered a total return of approximately 800%, outperforming the S&P 500 returns. Mark Jones's visionary leadership has been instrumental in the company's success, leading to strong client retention and industry-leading net promoter scores.
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Rhea-AI Sentiment
End-of-Day
-17.91%
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Goosehead Insurance, Inc. (GSHD) will release its Q4 and full year 2023 results on February 21, 2024, followed by a conference call. The call will be accessible via phone and webcast, with a replay available for one year.
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Rhea-AI Sentiment
End-of-Day
6.92%
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Goosehead Insurance, Inc. appoints David Lakamp as Chief Service Officer, bringing 14 years of insurance experience and 11 years of military leadership to lead the service organization. His role will focus on driving operational efficiencies to enhance and build upon Goosehead’s industry-leading service delivery team.
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Rhea-AI Sentiment
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0.8%
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Goosehead Insurance, Inc. reported strong third-quarter results, with total revenue increasing by 23% to $71.0 million. Core revenue grew by 22% to $63.1 million, and total written premiums rose by 30% to $803 million. Net income was $11.3 million, compared to $3.0 million in the same period last year. Adjusted EBITDA was $22.4 million, up from $11.0 million in the prior-year period.
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-1.66%
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Goosehead Insurance to report Q3 2023 results on October 25th
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End-of-Day
-0.06%
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Clearcover expands its embedded insurance strategy through a bind-API integration with Goosehead Insurance, Inc., enabling agents to generate Clearcover quotes directly through their platform. This strengthens the partnership between the two companies and aims to revolutionize the car insurance experience. Clearcover is also building momentum in its effort to expand its embedded insurance strategy.
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Rhea-AI Sentiment
End-of-Day
-2.15%
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Goosehead Insurance launches Agency Launch Program for recent college graduates interested in owning their own franchise.
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End-of-Day
-2.53%
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Goosehead Insurance, Inc. Class A
Nasdaq:GSHD
GSHD Rankings
GSHD Stock Data
1.50B
24.05M
3.62%
103.82%
8.22%
Insurance Agencies and Brokerages
Finance and Insurance
United States of America
WESTLAKE
About GSHD
goosehead insurance agency is an independent insurance agency serving the continental united states. we take pride in providing the power of choice to our clients for all their insurance needs. we shop among many insurance companies to find the best policies at the best rates - giving our clients options no ordinary agency can. for our franchise partners, we provide industry-leading technology, successful marketing tools, and a centralized back office to provide world class service to you and your clients.