Hagerty, Inc. (HGTY)

NYSE: HGTY · Real-Time Price · USD
11.06
-0.09 (-0.81%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.81%
Market Cap 3.77B
Revenue (ttm) 1.15B
Net Income (ttm) 19.92M
Shares Out 341.07M
EPS (ttm) 0.11
PE Ratio 104.77
Forward PE 38.40
Dividend n/a
Ex-Dividend Date n/a
Volume 122,215
Open 11.07
Previous Close 11.15
Day's Range 10.99 - 11.20
52-Week Range 7.68 - 12.35
Beta 0.78
Analysts Hold
Price Target 11.00 (-0.54%)
Earnings Date Nov 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]

Sector Financials
Founded 1984
Employees 1,732
Stock Exchange NYSE
Ticker Symbol HGTY
Full Company Profile

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 $15.88 million, a decrease of -50.49%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for HGTY stock is "Hold." The 12-month stock price forecast is $11.0, which is a decrease of -0.54% from the latest price.

Price Target
$11.0
(-0.54% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Hélio Castroneves Named Honoree at The Amelia in 2025

TRAVERSE CITY, Mich. , Nov. 20, 2024 /PRNewswire/ -- The Amelia, a leading global concours weekend known for its racing roots and luxurious setting at the beautiful Ritz-Carlton, Amelia Island, today ...

19 hours ago - PRNewsWire

Patrick Dempsey Returns to Racing in Back on Track Docuseries from the Mobil 1™ brand and Hagerty

TRAVERSE CITY, Mich. , Nov. 11, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, announced today a new docuseries, Back...

9 days ago - PRNewsWire

Hagerty, Inc. (HGTY) Q3 2024 Earnings Call Transcript

Hagerty, Inc. (NYSE:HGTY) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Jay Koval - Senior Vice President, Investor Relations McKeel Hagerty - Chief Executive Off...

12 days ago - Seeking Alpha

Hagerty Reports Third Quarter 2024 Results; Updates 2024 Outlook for Revenue and Profit Growth

Third quarter 2024 Total Revenue increased 17% year-over-year to $323.4 million, and year-to-date 2024 Total Revenue increased 20% year-over-year to $908.3 million Third quarter 2024 Written Premium i...

14 days ago - PRNewsWire

Hagerty to Report Third Quarter 2024 Results and Host Conference Call on Thursday, November 7, 2024

TRAVERSE CITY, Mich., Oct. 24, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its th...

27 days ago - PRNewsWire

Complete Digital Catalog for Broad Arrow's Inaugural Chattanooga Auction Now Available

Grosse Pointe, Michigan, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, has released the complete digital catalog for its upcoming inaugural Chattanooga Auctio...

7 weeks ago - GlobeNewsWire

Broad Arrow Brings Alan Mann Heritage Edition Ford GT and Unique Private Collections to Debut Chattanooga Auction

Grosse Pointe, Michigan, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions is delighted to announce additional featured consignments for its inaugural Chattanooga Auction, set for October 12 in ...

2 months ago - GlobeNewsWire

Hagerty Renews Multi-Year Partnership with Agero to Continue Delivering Specialized Roadside Assistance to Driving Enthusiasts

MEDFORD, Mass. & TRAVERSE CITY, Mich.--(BUSINESS WIRE)--Agero, the leading white-label provider of digital driver assistance services and software for the majority of automotive and auto insurance com...

2 months ago - Business Wire

Hagerty Celebrates Car Culture in the Heart of Motor City with Return of RADwood Detroit and New 'Cars at the Station' Community Pre-Event

TRAVERSE CITY, Mich. , Aug. 30, 2024 /PRNewswire/ -- Hagerty is thrilled to announce the return of an expanded, festival experience at RADwood Detroit – the ultimate '80s and '90s car and music festiv...

2 months ago - PRNewsWire

Hagerty to Participate in the KBW Insurance Conference on September 5th, 2024

Live Webcast Available TRAVERSE CITY, Mich. , Aug. 29, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announc...

2 months ago - PRNewsWire

The Amelia Celebrates 30 Years of Global Motoring Excellence; Welcomes New Era of Automotive Passion

Purchase Your Automotive Experience Starting September 12, 2024 TRAVERSE CITY, Mich. , Aug. 28, 2024 /PRNewswire/ -- The Amelia by Hagerty (NYSE: HGTY) celebrates 30 years of global motoring excellenc...

3 months ago - PRNewsWire

Motorlux Attracts 4,100 Guests to Celebrate Automotive Artistry, Luxury Travel, Culinary Creativity and Runway-Inspired Auction

Premier event featured Broad Arrow Auction which generated $71.5M during two-day sale TRAVERSE CITY, Mich. , Aug. 20, 2024 /PRNewswire/ --­­ Motorlux, a Hagerty event, once again served as the iconic ...

3 months ago - PRNewsWire

Global Vehicle Debuts, Iconic Cars and Luxury Aviation Pair with Local Wines, Superstar Chefs and Auction Action at Motorlux

TRAVERSE CITY, Mich. , Aug. 7, 2024 /PRNewswire/ -- Motorlux will celebrate the start of Monterey Car Week at the Monterey Jet Center on Wednesday, August 14, 2024, alongside Broad Arrow Auctions for ...

3 months ago - PRNewsWire

Hagerty Reports Second Quarter 2024 Results

Increases 2024 Outlook for Revenue and Profit Growth Second quarter 2024 Total Revenue increased 20% year-over-year to $313.2 million, and year-to-date 2024 Total Revenue increased 22% year-over-year ...

3 months ago - PRNewsWire

Hagerty Announces Former Amazon Executive Sean McMullan as Senior Vice President of Digital Marketplace and Valuation

TRAVERSE CITY, Mich., Aug. 1, 2024 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive enthusiast brand and leading specialty vehicle insurance provider, has named Sean McMullan, Amazon veteran ...

3 months ago - PRNewsWire

Retro Motors Collection of 25 Modern Sports Cars Anchors Broad Arrow's Inaugural Auction in Partnership with the Chattanooga Motorcar Festival

Grosse Point, Michigan, July 29, 2024 (GLOBE NEWSWIRE) -- GROSSE POINTE, Michigan, July 29, 2024 – Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is thrilled to announce the consignment of the ...

4 months ago - GlobeNewsWire

Broad Arrow Auctions Releases Complete Digital Catalog Highlighting Lineup of 157 Collector Cars for the Upcoming Monterey Jet Center Auction

Grosse Pointe, Michigan, July 25, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, proudly presents the now complete digital catalog  for the upcoming Monterey Jet Center...

4 months ago - GlobeNewsWire

Hagerty to Report Second Quarter 2024 Results and Host Conference Call on Tuesday, August 6, 2024

TRAVERSE CITY, Mich. , July 23, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its s...

4 months ago - PRNewsWire

Meet Gen-Z, America's Next Generation of Car Collectors

Hagerty's 'Future of Driving' survey shows the generational shift from Boomers to Gen Z is here;  younger generations want to own and drive collectible cars TRAVERSE CITY, Mich. , July 23, 2024 /PRNew...

4 months ago - PRNewsWire

1913 Mercer 35-J Raceabout with Single Family Ownership Since 1959 Highlights Brass Era Brilliance at the Upcoming Broad Arrow Monterey Jet Center Auction

Grosse Pointe, Michigan, July 12, 2024 (GLOBE NEWSWIRE) -- 1913 Mercer 35-J Raceabout with Single Family Ownership Since 1959 Highlights Brass Era Brilliance at the Upcoming Broad Arrow Monterey Jet C...

4 months ago - GlobeNewsWire

Vicinity Energy Announces Bill DiCroce's Passing of the Baton to Kevin Hagerty as the New CEO

BOSTON--(BUSINESS WIRE)-- #BOSpoli--Vicinity Energy, a leading provider of sustainable energy solutions, is pleased to announce the appointment of Kevin Hagerty as the company's new chief executive of...

4 months ago - Business Wire

Broad Arrow Auctions Announces Partnership with the Chattanooga Motorcar Festival, Will Host Collector Car Auction Alongside Festival Programming for 2024

Grosse Pointe, MI, July 09, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is thrilled to announce the addition of a fourth and final U.S.-based auction for the 2024 ca...

4 months ago - GlobeNewsWire

Hagerty Announces Expiration and Results of Warrant Exchange Offer and Consent Solicitation

TRAVERSE CITY, Mich. , July 3, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY) (the " Company " or " Hagerty "), an automotive enthusiast brand and leading specialty vehicle insurance provider, announ...

5 months ago - PRNewsWire

Hagerty Drivers Club Launches "HDC Days" Celebration for its 830,000 Members from June 21- 23

Weekend-long campaign includes exclusive member experiences, discounts and contests TRAVERSE CITY, Mich. , June 13, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and ...

5 months ago - PRNewsWire

Mille Miglia Veteran and Perennial Race Competitor 1957 Maserati 200si by Fantuzzi Adds Historic Racing Heritage to the 2024 Broad Arrow Monterey Auction

Grosse Pointe, Michigan, June 11, 2024 (GLOBE NEWSWIRE) -- June 11, 2024 – Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, proudly presents the 1957 Maserati 200si by Fantuzzi, chassis number 24...

5 months ago - GlobeNewsWire