Hagerty, Inc. (HGTY)
| Market Cap | 749.20M |
| Revenue (ttm) | 1.00B |
| Net Income (ttm) | 16.55M |
| Shares Out | 84.66M |
| EPS (ttm) | 0.09 |
| PE Ratio | 98.33 |
| Forward PE | 9.33 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 50,003 |
| Open | 8.62 |
| Previous Close | 8.70 |
| Day's Range | 8.52 - 8.95 |
| 52-Week Range | 7.52 - 10.36 |
| Beta | 0.77 |
| Analysts | Hold |
| Price Target | 10.00 (+12.99%) |
| Earnings Date | May 7, 2024 |
About HGTY
Hagerty, Inc. provides insurance agency services worldwide. It offers motor vehicle and boat insurance products; and reinsurance products. The company provides Hagerty Media, which publishes contents through the Hagerty Drivers Club Magazine (HDC), video content, and social media channels; HDC that offers subscription based products and services, including HDC Magazine, automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and special vehicle-related discounts. In addition, it offers HVT, a valuation to... [Read more]
Financial Performance
In 2023, Hagerty's revenue was $1.00 billion, an increase of 27.00% compared to the previous year's $787.59 million. Earnings were $16.55 million, a decrease of -48.39%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for HGTY stock is "Hold." The 12-month stock price forecast is $10.0, which is an increase of 12.99% from the latest price.
News
Hagerty Celebrates 40 Years of Cars, Culture and Community with "Keepers of the Flame" Campaign Honoring Car Love
TRAVERSE CITY, Mich. , March 27, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, is celebrating its 40th anniversary t...
Senator Hagerty: Would Prefer an American-Owned TikTok
Senior officials from the Justice Department and other agencies will hold closed-door briefings in the Senate this week to advance legislation that would allow TikTok to continue its US operations whi...
Hagerty Reports 2023 Results; Expects Strong Growth and Margin Expansion to Continue in 2024
Fourth quarter 2023 Total Revenue increased 24% to $245.0 million, and full year 2023 Total Revenue increased 27% to $1.0 billion compared to the prior year periods. Fourth quarter 2023 Written Premiu...
1962 Ferrari 250 GTO and 1947 Delahaye 135MS Narval Cabriolet Named Best in Show at The Amelia
A record 27,000 automotive enthusiasts celebrated car culture over four day motoring event AMELIA ISLAND, Fla., March 4, 2024 /PRNewswire/ -- A 1962 Ferrari 250 GTO was crowned Best in Show, Concours ...
Hagerty to Report Fourth Quarter 2023 Results and Host Conference Call on Tuesday, March 12, 2024
TRAVERSE CITY, Mich. , Feb. 27, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and a leading specialty insurance provider, today announced it will report its fourth qu...
AM Best Comments on Credit Ratings of Hagerty Reinsurance Limited Following Consolidated National Insurance Company Acquisition Announcement
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Credit Ratings (ratings) of Hagerty Reinsurance Limited (Hagerty Re) (Hamilton, Bermuda) remain unchanged following the anno...
Hagerty names Arjun H. Chowdri as Senior Vice President of Membership & Retention
TRAVERSE CITY, Mich. , Jan. 18, 2024 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive enthusiast brand and leading specialty vehicle insurance provider, has named Arjun H.
Hagerty launches channel on Samsung TV Plus featuring hundreds of hours of free, premium automotive content
TRAVERSE CITY, Mich. , Jan. 9, 2024 /PRNewswire/ -- Hagerty (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurer, today announced the launch of Hagerty Media content and ...
The 10 Collector Cars to Watch Next Year: Hagerty Announces 2024 Bull Market List
TRAVERSE CITY, Mich., Dec. 11, 2023 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, announced today its 2024 U.S. Bull Mar...
Hagerty names Gary Chard as new Senior Vice President of Marketplace Operations
TRAVERSE CITY, Mich. , Dec. 4, 2023 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive enthusiast brand and leading specialty vehicle insurance provider, has named Gary Chard as its new Senior ...
Rick Hendrick Named Honoree at The Amelia in 2024
Concours Vehicle Classes also announced ahead of the February 29 – March 3 event 14-time NASCAR Cup Series champion, owner of Hendrick Motorsports and Chairman/CEO of Hendrick Automotive Group Rick He...
Hagerty Reports Third Quarter 2023 Results; Increases 2023 Outlook
Third quarter 2023 Total Revenue increased 27% to $275.6 million compared to the prior year period and year-to-date 2023 Total Revenue increased 28% to $755.2 million compared to the prior year period...
duPont REGISTRY Group Partners with Hagerty to Launch Luxury Automotive Insurance Offering
MIAMI--(BUSINESS WIRE)--duPont REGISTRY Group, Driven Lifestyle's luxury ecosystem for the high-end automotive lifestyle, announces today the launch of duPont REGISTRY Insurance, a licensed insurance ...
Hagerty to Report Third Quarter 2023 Results and Host Conference Call on Wednesday, November 8, 2023
TRAVERSE CITY, Mich., Oct. 11, 2023 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast mar...
AM Best Assigns Credit Ratings to Hagerty Reinsurance Limited
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Hagerty Reinsurance Limited ...
Hagerty launches 2023 Power List, highlights the dramatic effect celebrity ownership has on enthusiast car values
The Hagerty Power List investigates the impact celebrity ownership and association have on the market value of a vehicle, in some cases rising as much as 16,000 percent Power List looks at a variety o...
Hagerty to Participate in the KBW Insurance Conference on September 7th, 2023
Live Webcast Available TRAVERSE CITY, Mich. , Aug. 30, 2023 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global a...
Hagerty Reports Second Quarter 2023 Results; Increases 2023 Outlook
Second quarter 2023 Total Revenue increased 27% to $261.2 million compared to the prior year period and year-to-date 2023 Total Revenue increased 28% to $479.6 million compared to the prior year perio...
Hagerty names Diana Chafey as new Chief Legal Officer, announces General Counsel Barbara Matthews' retirement from Hagerty
TRAVERSE CITY, Mich. , Aug. 2, 2023 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive lifestyle brand and a leading specialty insurance provider, announced today that it has named Diana M.
Motorlux Features Automotive-Themed Culinary Pairings, First-Class Aircraft Display, and Expanded Experiences
The automotive and aviation celebration will also feature icons like the 2023 Cadillac V-Series.R, the Airbus Corporate Jets TwoTwenty, and hundreds of cars including a selection from the Broad Arrow ...
Hagerty Marketplace Shares 2023 Online Auction Performance Highlights, Summer Consignment News
TRAVERSE CITY, Mich. , July 25, 2023 /PRNewswire/ -- Hagerty Marketplace, a leading platform for automotive enthusiasts and collectors, emerges as a strong place to buy and sell collectible cars throu...
CTEK And Hagerty Drivers Club Partner To Provide Charging Solutions, Member Benefits
Leading battery management company to offer member discounts CHICAGO , July 20, 2023 /PRNewswire/ -- CTEK, the leading global brand in vehicle charging solutions, and Hagerty, an automotive lifestyle ...
Detroit Concours Announces 'Powered by Detroit' Campaign Honoring People Who Put the World on Wheels
TRAVERSE CITY, Mich. , July 13, 2023 /PRNewswire/ -- The Detroit Concours, a celebration of the city and the automotive culture that defines it, today announced 'Powered by Detroit,' a campaign which ...
Show-Quality Motor Cars from the Hendricks Collection of the Gateway Museum Available Online Now on Hagerty Marketplace Auctions
Broad Arrow Auctions to offer an additional 25 cars during the Monterey Jet Center Auction August 17 and 18 as part of Motorlux The Hendricks Collection at the Gateway Museum includes many of the most...
Hagerty to Report Second Quarter 2023 Results and Host Conference Call on Tuesday, August 8, 2023
TRAVERSE CITY, Mich. , July 11, 2023 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast ma...