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GSHD — Goosehead Insurance News Story

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Goosehead Insurance Q3 revenue rises

Overview

Goosehead Q3 revenue rises 16% yr/yr to $90.4 mln

Adjusted EBITDA for Q3 beats analyst expectations

Company repurchased $58.7 mln of shares in Q3

Outlook

Company expects 2025 total written premiums between $4.38 bln and $4.65 bln

Goosehead projects 2025 total revenues between $350 mln and $385 mln

Result Drivers

PREMIUM AND REVENUE GROWTH - Premiums grew 15% and total revenue increased 16% over prior-year period, driven by increased producer count, improved franchise productivity, and moderating premium rate increases, per CEO Mark Miller

SHARE REPURCHASE - Co repurchased $58.7 mln of shares in Q3 at an average price of $85.58, aiming to drive shareholder value, per CEO Mark Miller

INVESTMENTS IN GROWTH - Increased operating expenses due to investments in corporate producers and technology to enhance client experience

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Revenue$90.40 mln
Q3 Core Revenue$83.90 mln
Q3 Net Income$12.70 mln
Q3 Adjusted EBITDABeat$29.70 mln$29.50 mln (7 Analysts)
Q3 Adjusted EBITDA Margin33%
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the multiline insurance & brokers peer group is "buy." Wall Street's median 12-month price target for Goosehead Insurance Inc is $93.50, about 27% above its October 21 closing price of $68.25 The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 48 three months ago Press Release: ID:nGNX2kHCJD For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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