Hagerty, Inc. (HGTY)
Market Cap | 3.55B |
Revenue (ttm) | 1.15B |
Net Income (ttm) | 19.92M |
Shares Out | 341.07M |
EPS (ttm) | 0.11 |
PE Ratio | 98.61 |
Forward PE | 36.15 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 78,532 |
Open | 10.58 |
Previous Close | 10.62 |
Day's Range | 10.32 - 10.70 |
52-Week Range | 7.68 - 12.35 |
Beta | 0.80 |
Analysts | Hold |
Price Target | 11.00 (+5.67%) |
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]
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 StatementsAnalyst Forecast
According to 2 analysts, the average rating for HGTY stock is "Hold." The 12-month stock price forecast is $11.0, which is an increase of 5.67% from the latest price.
News
Broad Arrow Delivers 75% Year-Over-Year Growth in 2024 with $316 Million in Transactions Across Auctions, Private Sales, and Financing
Broad Arrow, a Hagerty (NYSE: HGTY) company, helped clients buy, sell, and finance collector cars resulting in nearly $316 million in total transactions across auctions, private sales, and financing i...
Broad Arrow to Offer Ferrari 250 GT LWB California Spider Competizione at 2025 Amelia Auction
Grosse Pointe, Michigan, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is thrilled to announce a 1959 Ferrari 250 GT LWB California Spider Competizione with c...
Hagerty Announces 2025 Bull Market List: 11 Collector Cars Poised to Gain Value in 2025
Analysis Reveals Upward Trend for Vehicles from post-1980s vehicles TRAVERSE CITY, Mich. , Dec. 9, 2024 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY), an automotive enthusiast brand and leading specialt...
Broad Arrow Presents the Academy of Art University Collection of Over 100 Collectors Cars at Auction in February 2025
Grosse Pointe, Michigan, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is delighted to present The Academy of Art University Collection as a stand-alone aucti...
Broad Arrow Auctions, a Hagerty Company, Announces Partnership with BMW AG to Become the Official Auction Partner of The Concorso d'Eleganza Villa d'Este Beginning May 2025
Grosse Pointe, Michigan, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is thrilled to announce its partnership with BMW AG to become the official auction part...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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 ...
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 ...
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 ...
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 ...
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 ...
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...
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...
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...
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...