Welcome to our dedicated page for Goosehead Insura news (Ticker: GSHD), a resource for investors and traders seeking the latest updates and insights on Goosehead Insura stock.
News and updates for Goosehead Insurance, Inc. (NASDAQ: GSHD) focus on its role as an independent personal lines insurance agency and its financial and operational performance. Regular earnings releases detail total revenues, Core Revenue, net income, Adjusted EBITDA and margins, as well as trends in total written premiums and policies in force. These reports also describe the mix of commissions, franchise revenues, and other income that drive Goosehead’s business.
Investors following GSHD news will see management commentary on factors such as producer count, franchise productivity, client retention and premium rate movements, which the company cites as key drivers of Core Revenue. The company also discloses information on liquidity, term loan balances, and share repurchase authorizations and activity, providing additional context on capital allocation and balance sheet management.
Beyond quarterly results, Goosehead’s news flow includes announcements about leadership appointments and human capital strategy, such as the appointment of senior executives responsible for finance, operations and human resources. These items highlight the company’s emphasis on attracting, developing and retaining talent to support growth in personal lines insurance.
Another recurring theme in Goosehead’s news is the expansion of strategic franchise partnerships with real estate brokerages and other partners. Press releases describe collaborations that embed Goosehead’s insurance offerings into the homebuying process, giving clients access to a broad portfolio of insurance carriers and licensed agents during real estate transactions. Updates may also cover renewed or expanded relationships with insurance partners that affect product offerings and distribution.
For readers tracking GSHD, this news page aggregates earnings announcements, partnership updates, leadership changes and other material disclosures related to Goosehead’s operations as an insurance agency and franchisor. It is a useful resource for monitoring how the company’s financial metrics, distribution network and strategic relationships evolve over time.
Goosehead Insurance (GSHD) reported strong financial results for Q2 2022, with total revenue increasing by 39% year-over-year to $53 million. Core revenue also rose 39% to $48.1 million. Despite a 24% decrease in net income to $2.4 million, adjusted EBITDA surged 85% to $12.5 million, lifting the adjusted EBITDA margin to 24%. Written premiums increased by 42% to $566 million, with policies in force growing 35%. The company plans for continued growth, projecting total revenues for 2022 between $194 million and $205 million, reflecting 28%-35% organic growth.
Goosehead Insurance (NASDAQ: GSHD) will release its second quarter 2022 financial results after market close on July 27, 2022. A conference call to discuss these results is scheduled for the same day at 4:30 PM ET. Participants can join the call by dialing (855) 327-6837 (toll-free) or (631) 891-4304 (international), with a request to call in 10 minutes early. A live webcast will be available on the company's investor relations website, with a replay accessible for one year following the event.
Goosehead is a pioneering independent insurance agency, emphasizing customer-centric service.
Goosehead Insurance (NASDAQ: GSHD) announced that Chairman and CEO Mark E. Jones will present at the 42nd Annual William Blair Growth Stock Conference on June 7th at 3:20 PM Central Time. Joining him will be CFO Mark Colby, VP of Strategy Brian Pattillo, and VP of Capital Markets Dan Farrell. A live webcast will be available in the investor relations section of Goosehead's website, with a replay accessible afterward. Goosehead is a rapidly growing independent insurance agency representing over 140 companies across the U.S.
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.