Trade Goosehead Insurance Inc - GSHD CFD

Trading Conditions

• Type: CFD
• Spread: 0.29
• Long position overnight funding adjustment: -0.02226%
• Short position overnight funding adjustment: 0.00004%
• Overnight funding adjustment time: 22:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 20.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 74.18
• Open: 74.19
• 1-Year Change: -36.81%
• Day's Range: 74.19 - 79.62

Goosehead Insurance Company profile

About Goosehead Insurance Inc

Goosehead Insurance, Inc. (Goosehead) is a personal lines independent insurance agency. The Company is engaged in distributing personal lines products and services throughout the United States. The Company operates through two segments: Corporate Channel and Franchise Channel. The Corporate Channel segment consists of Company-owned and financed operations with employees who are hired, trained, and managed by Goosehead. The Franchise Channel segment consists of operations that are owned and managed by Franchisees. This channel is composed of Franchisees and sales agents that they hire as employees in their franchised businesses. The Company is a distributor of insurance policies in a range of personal lines of business, including homeowner’s insurance, automotive, dwelling property insurance, flood, wind and earthquake insurance, excess liability or umbrella insurance, specialty lines insurance, commercial lines insurance and life insurance.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Goosehead Insurance Inc revenues increased 29% to $151.3M. Net income decreased 42% to $5.4M. Revenues reflect Franchise Channel segment increase of 36% to $76M, Corporate Channel segment increase of 23% to $75.3M. Net income was offset by Employee compensation increase of 39% to $93M (expense), General and administrative expenses increase of 63% to $41.7M (expense).