How to buy Goosehead Insurance stock | 107.82

Goosehead Insurance, Inc is an insurance—diversified business based in the US. Goosehead Insurance shares (GSHD) are listed on the NASDAQ and all prices are listed in US Dollars. Goosehead Insurance employs 555 staff and has a trailing 12-month revenue of around USD$84.6 million.

How to buy shares in Goosehead Insurance

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Goosehead Insurance. Find the stock by name or ticker symbol: GSHD. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Goosehead Insurance reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$107.82, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Goosehead Insurance, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Goosehead Insurance. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Goosehead Insurance's share price?

Since the stock market crash in March caused by coronavirus, Goosehead Insurance's share price has had significant positive movement.

Its last market close was USD$107.82, which is 48.77% up on its pre-crash value of USD$55.24 and 179.98% up on the lowest point reached during the March crash when the shares fell as low as USD$38.51.

If you had bought USD$1,000 worth of Goosehead Insurance shares at the start of February 2020, those shares would have been worth USD$851.57 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$2,163.95.

Goosehead Insurance share price

Use our graph to track the performance of GSHD stocks over time.

Goosehead Insurance shares at a glance

• Key figures

Information last updated 2020-10-19.

Latest market close	USD$107.82
52-week range	USD$37.26 - USD$115.11
50-day moving average	USD$91.8238
200-day moving average	USD$76.2328
Wall St. target price	USD$88.33
PE ratio	575.9444
Dividend yield	N/A (0.9%)
Earnings per share (TTM)	USD$0.19

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Is it a good time to buy Goosehead Insurance stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Goosehead Insurance, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Goosehead Insurance price performance over time

Historical closes compared with the close of $107.82 from 2020-10-19

1 week (2020-10-16)	-0.19%
1 month (2020-09-25)	32.65%
3 months (2020-07-24)	29.50%
6 months (2020-04-24)	115.30%

1 year (2019-10-25)	120.36%
2 years (2018-10-25)	224.47%
3 years (2017-10-22)	N/A
5 years (2015-10-22)	N/A

Is Goosehead Insurance under- or over-valued?

Valuing Goosehead Insurance stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Goosehead Insurance's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Goosehead Insurance's P/E ratio

Goosehead Insurance's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 576x. In other words, Goosehead Insurance shares trade at around 576x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Goosehead Insurance's EBITDA

Goosehead Insurance's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$11.1 million.

The EBITDA is a measure of a Goosehead Insurance's overall financial performance and is widely used to measure a its profitability.

Goosehead Insurance financials

Revenue TTM	USD$84.6 million
Operating margin TTM	10.21%
Gross profit TTM	USD$35.2 million
Return on assets TTM	5.98%
Return on equity TTM	0%
Profit margin	4.04%
Book value	$0.07
Market capitalisation	USD$4 billion

TTM: trailing 12 months

Shorting Goosehead Insurance shares

There are currently 1.3 million Goosehead Insurance shares held short by investors – that's known as Goosehead Insurance's "short interest". This figure is 3.5% down from 1.3 million last month.

There are a few different ways that this level of interest in shorting Goosehead Insurance shares can be evaluated.

Goosehead Insurance's "short interest ratio" (SIR)

Goosehead Insurance's "short interest ratio" (SIR) is the quantity of Goosehead Insurance shares currently shorted divided by the average quantity of Goosehead Insurance shares traded daily (recently around 188302.92825769). Goosehead Insurance's SIR currently stands at 6.83. In other words for every 100,000 Goosehead Insurance shares traded daily on the market, roughly 6830 shares are currently held short.

However Goosehead Insurance's short interest can also be evaluated against the total number of Goosehead Insurance shares, or, against the total number of tradable Goosehead Insurance shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Goosehead Insurance's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Goosehead Insurance shares in existence, roughly 40 shares are currently held short) or 0.1027% of the tradable shares (for every 100,000 tradable Goosehead Insurance shares, roughly 103 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Goosehead Insurance.

Find out more about how you can short Goosehead Insurance stock.

Goosehead Insurance share dividends

Dividend payout ratio: 244.57% of net profits

Recently Goosehead Insurance has paid out, on average, around 244.57% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Goosehead Insurance shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Goosehead Insurance's case, that would currently equate to about $N/A per share.

Goosehead Insurance's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Goosehead Insurance's most recent dividend payout was on 24 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 7 August 2020 (the "ex-dividend date").

Goosehead Insurance share price volatility

Over the last 12 months, Goosehead Insurance's shares have ranged in value from as little as $37.26 up to $115.11. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Goosehead Insurance's is 0.9599. This would suggest that Goosehead Insurance's shares are less volatile than average (for this exchange).

Goosehead Insurance overview

Goosehead Insurance, Inc. operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. The company operates through two segments, Corporate Channel and Franchise Channel. It offers various insurance products, including homeowner's insurance; auto insurance; other personal lines products, such as flood, wind, and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance comprising motorcycle, recreational vehicle, and other insurance; commercial lines insurance consisting of general liability, property, and auto insurance for small businesses; and life insurance. As of December 31, 2019, the company had 614 operating franchises. Goosehead Insurance, Inc. was founded in 2003 and is headquartered in Westlake, Texas.

Frequently asked questions

• What percentage of Goosehead Insurance is owned by insiders or institutions?

  Currently 11.341% of Goosehead Insurance shares are held by insiders and 97.367% by institutions.

• How many people work for Goosehead Insurance?

  Latest data suggests 555 work at Goosehead Insurance.

• When does the fiscal year end for Goosehead Insurance?

  Goosehead Insurance's fiscal year ends in December.

• Where is Goosehead Insurance based?

  Goosehead Insurance's address is: Building 4, Westlake, TX, United States, 76262

• What is Goosehead Insurance's CUSIP number?

  Goosehead Insurance's Committee on Uniform Securities Identification Procedures number is: 38267D109