Hagerty, Inc. (HGTY)

NYSE: HGTY · Real-Time Price · USD
10.41
-0.21 (-1.98%)
Dec 20, 2024, 4:00 PM EST - Market closed
-1.98%
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]

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 an increase of 5.67% from the latest price.

Price Target
$11.0
(5.67% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

3 days ago - GlobeNewsWire

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...

9 days ago - GlobeNewsWire

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...

12 days ago - PRNewsWire

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...

16 days ago - GlobeNewsWire

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...

25 days ago - GlobeNewsWire

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 ...

4 weeks 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...

5 weeks 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...

6 weeks 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...

6 weeks 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...

2 months 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...

2 months 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 ...

3 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...

3 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...

4 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...

4 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...

4 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 ...

4 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 ...

4 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 ...

4 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 ...

5 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 ...

5 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...

5 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...

5 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...

5 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...

5 months ago - GlobeNewsWire