Goosehead Insura Stock Price, News & Analysis

Goosehead Insurance, a leading independent personal lines insurance agency, is set to participate in the Goldman Sachs 2022 Insurtech Conference on June 6 at 3:50 PM Eastern Time. CFO Mark Colby and VP of Capital Markets Dan Farrell will engage in a fireside chat, discussing the company's growth and strategies. Investors can access the live webcast through Goosehead's investor relations page, with a replay available post-event. Goosehead represents over 140 insurance companies and operates more than 2,298 franchise locations across the U.S.

Goosehead Insurance announced the appointment of Mark K. Miller as President and COO, effective May 10, 2022. Miller, previously on the Board of Directors, brings extensive experience from tech and financial companies. CEO Mark E. Jones expressed confidence in Miller's capability to lead the company's growth. Additional management changes include Megan L. Bailey as Chief Sales Officer and Michael Moxley as Chief Service Officer. Former President Michael Colby has departed after 16 years. Goosehead operates over 2,298 franchise locations across the U.S., offering products from over 140 insurance companies.

Goosehead Insurance reported a strong first quarter for 2022, with total revenue rising by 32% year-over-year to $41.3 million and core revenue up 37% to $36.5 million. Total written premiums surged 41% to $450.9 million, while policies in force increased by 39% to approximately 1,097,000. Despite a net loss of $5.4 million and an adjusted EPS of $0.04, the company reported increased corporate sales headcount and franchise growth. Full-year 2022 revenue expectations remain robust, targeting between $197 million and $212 million.

Goosehead Insurance (NASDAQ: GSHD) will announce its Q1 2022 financial results on April 26, 2022, after market close. The company will host a conference call at 4:30 PM ET to discuss the results, accessible via phone at (855) 327-6837 (toll-free) or (631) 891-4304 (international). Participants are encouraged to dial in 10 minutes early. A live webcast will be available on Goosehead's investor relations website, with a replay accessible for one year post-call. Goosehead operates over 2,151 franchise locations and partners with over 140 insurance companies across the U.S.

Goosehead Insurance (NASDAQ: GSHD) announced the promotion of 10 new managing directors to strengthen its leadership team and support growth in 2022. This change reflects Goosehead's commitment to fostering a culture of professional development amidst the competitive hiring landscape due to the Great Resignation. Each new director brings unique skills from diverse departments, emphasizing the company's strategy of promoting leaders from within. Goosehead's growth continues, with a focus on maximizing employee strengths to enhance overall performance.

Goosehead Insurance (NASDAQ: GSHD) released its inaugural 2022 ESG Report, showcasing its commitment to sustainability and community engagement. Highlights include a 47% annual growth in workforce since 2018, with 1,290 employees actively participating in the Employee Stock Purchase Plan. The company emphasizes diversity, with over half of its employees being women, and nearly 40% identifying as racially diverse. Goosehead also maintains a paperless environment and is focused on data security, ensuring client information safety. The report underscores the significance of sustainable practices within its operational ethos.

Goosehead Insurance (NASDAQ: GSHD) reported strong financial results for 2021, with a 16% growth in total revenues for Q4 and 29% for the full year, reaching $40.2 million and $151.3 million respectively. Core revenues rose 35% in Q4 and 40% for the year. Total written premiums increased by 43% for Q4 and 45% for the full year. The company achieved a net income of $0.9 million in Q4 and $8.3 million for the full year. The outlook for 2022 projects total revenues between $197 million and $212 million, indicating continued growth.

Goosehead Insurance (NASDAQ: GSHD) will announce its fourth quarter and full year 2021 results on February 23, 2022, after market close. A conference call is scheduled for the same day at 4:30 PM ET to discuss the results. Interested participants can join via dial-in numbers, with a toll-free option at (855) 327-6837. A live webcast will also be accessible through their investor relations website. Goosehead is a fast-growing independent insurance agency, representing over 140 insurance companies across the U.S.

Goosehead Insurance (NASDAQ: GSHD) has expanded its Board of Directors, appointing Waded Cruzado and Thomas McConnon as new Directors. Cruzado, President of Montana State University, brings a strong educational leadership background, while McConnon serves as Managing Director and Chief Economist at Wildcat Capital Management, with extensive experience in private equity. James Reid joins the Compensation Committee, and Mark Jones steps down. The board aims to leverage these new perspectives to enhance consumer education and strengthen the company’s market position.