Stock fact sheet · data as of
Goosehead Insurance, Inc (GSHD): fair value, margin of safety and Wheel Score
Ticker symbol GSHD · Financial Services · Insurance - Brokers · United States · Class A common stock · Growth Income
GSHD is Goosehead Insurance, Inc's Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is GSHD undervalued?
GSHD closed at 56.35 on 5 Nov 2026, 13% below the GLS average fair value of 64.68 from 8 models (5 of them above the price). That is a moderate margin of safety: the stock passes the "below fair value" Wheel Trade Filter, with room for a bigger discount on the Value part.
The 8 models disagree widely: EPV gives 16.34 while Payback Time gives 136.08. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, GSHD is clearly faster-growing than it is cheap, so the nightly engine files it under Growth (value score 27, growth score 79, out of 100). It also carries the Income tag (Income = a dividend yield of 4% or more).
Nine valuation models for GSHD
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 19.31 | -66% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | 84.14 | +49% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 36.78 | -35% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 90.06 | +60% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 75.72 | +34% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 136.08 | +141% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 59.00 | +5% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 16.34 | -71% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -13.45 | -124% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 63.67 | +13% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - GSHD passes 6 of the nine Piotroski tests, which passes the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 5.7 out of 10: a record that is solid on some of the four parts the score weighs (returns on capital, pricing power, lasting growth, balance sheet) and weaker on others.
Returns on capital are moderate - ROIC 10.8%, ROE -29.1%, ROA 6.7% - with debt at -3.69 times equity and a free-cash-flow yield of 4.0%.
The dividend yield is high at 7.12% (payout ratio 563%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual. Revenue comes mainly from Renewal Royalty Fees 46%, Renewal Commissions 19%, Contingent Commissions 14% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 4/10 and Congressional trading 5/10 on the GLS smart-money scales; the last recorded insider buy was on 22 Sep 2026.
| Piotroski F-score | 6 / 9 | ROIC | 10.8% |
|---|---|---|---|
| GLS Moat | 5.7 / 10 | ROE | -29.1% |
| Debt / equity | -3.69 | ROA | 6.7% |
| Free-cash-flow yield | 4.0% | Payout ratio | 563% |
| Institutions | 10 / 10 | Insiders · Congress | 4 · 5 / 10 |
Wheel Score 37: Weak
GSHD scores 37 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (336 open interest, 90 a day), and the parts are thin too - value fair, premium strong, moat fair, health good, red flags good, option trading weak, stability weak. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 68% on the near-the-money contracts 20-60 days out - above the 60% top of the sweet spot. It still passes the 25-80% filter, but the Wheel Score rewards it less because volatility this high usually comes with a reason. Chain open interest is thin - 336 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 543k shares a day on a market cap of $2.0B, with a beta of 1.50 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that weak.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | options too quiet (336 open interest, 90 a day) |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Fair | 13% below fair value | |
| Premium | Strong | implied volatility 68% | |
| Moat | Fair | moat 5.7/10 | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Good | Red Flags score 80/100 | |
| Option trading | Weak | 90 contracts a day, 336 open interest | |
| Stability | Weak | beta 1.50, $2.0B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
Goosehead Insurance, Inc reports earnings on 9 Nov 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Analysts downgraded GSHD 1 time in the last 30 days with no upgrades; the latest action was a reiterated rating by BMO Capital on 14 Oct 2026.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Insurance - Brokers
The 12 companies below are the closest to Goosehead Insurance, Inc by market cap within the Insurance - Brokers industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| LIFE Ethos Technologies Inc. | 37.13 | 20.58 | -80% | 30Weak | $2.4B |
| BWIN The Baldwin Insurance Group, Inc. | 32.14 | 27.30 | -18% | 11Weak | $2.6B |
| NP Neptune Insurance Holdings Inc. | 28.55 | 13.69 | -109% | 36Weak | $2.7B |
| CRVL CorVel Corporation | 87.38 | 66.84 | -31% | 41Weak | $4.4B |
| RYAN Ryan Specialty Holdings, Inc. | 47.54 | 38.59 | -23% | 39Weak | $5.8B |
| TWFG TWFG, Inc. Common Stock | 29.58 | 44.50 | +34% | 33No options | $381M |
| WDH Waterdrop Inc. | 1.01 | 45.70 | +98% | 33No options | $365M |
| BRO Brown & Brown, Inc. | 73.89 | 90.70 | +19% | 80Good | $24.5B |
| XHG XChange TEC.INC | 3.32 | - | - | 13No options | $171M |
| WTW Willis Towers Watson Public Limited Company | 337.37 | 382.34 | +12% | 36Weak | $31.1B |
| QDMI QDM International Inc. | 10.30 | 38.45 | +73% | 33No options | $89M |
| SLQT SelectQuote, Inc. | 0.4914 | 8.45 | +94% | 31Weak | $88M |
⚖ Compare GSHD with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about GSHD
What kind of share is GSHD?
GSHD is Goosehead Insurance, Inc's Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is GSHD undervalued right now?
By the GLS models, moderately: at 56.35 the stock trades 13% below the average fair value of 64.68 (data as of 5 Nov 2026).
What is the Wheel Score of GSHD and what does it mean?
GSHD scores 37 out of 100 (Weak) - it fails Wheel Trade Filter 1. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for GSHD?
64.68 per share as of 5 Nov 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Goosehead Insurance, Inc report earnings next?
The next earnings report is due on 9 Nov 2026 (after the close), 4 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does GSHD have listed options, and how liquid are they?
Yes. The nightly snapshot found 32 listed contracts with 336 open interest across all expiries and implied volatility of 68% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.