Hagerty, Inc. (HGTY)

NYSE: HGTY · IEX Real-Time Price · USD
11.01
+0.48 (4.56%)
At close: Jul 2, 2024, 4:00 PM
11.00
-0.01 (-0.09%)
After-hours: Jul 2, 2024, 7:45 PM EDT
4.56%
Market Cap 943.59M
Revenue (ttm) 1.05B
Net Income (ttm) 15.46M
Shares Out 85.70M
EPS (ttm) 0.08
PE Ratio 137.63
Forward PE 10.33
Dividend n/a
Ex-Dividend Date n/a
Volume 154,472
Open 10.59
Previous Close 10.53
Day's Range 10.54 - 11.04
52-Week Range 7.52 - 11.04
Beta 0.79
Analysts Hold
Price Target 9.00 (-18.26%)
Earnings Date Aug 6, 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 $16.55 million, a decrease of -48.39%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for HGTY stock is "Hold" and the 12-month stock price forecast is $9.0.

Price Target
$9.0
(-18.26% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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 ...

19 days 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...

21 days ago - GlobeNewsWire

Top 5 Financial Stocks That May Collapse This Quarter

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% ...

Other symbols: FSKPNNTSARTIGR
22 days ago - Benzinga

Hagerty Commences Warrant Exchange Offer and Consent Solicitation

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

4 weeks ago - PRNewsWire

Elegant 1931 Cadillac 452A Named Best of Show at the Greenwich Concours d'Elegance

A record 12,000 automotive enthusiasts & residents celebrated car culture during the three-day motoring event GREENWICH, Conn. , June 3, 2024 /PRNewswire/ -- A 1931 Cadillac 452A was chosen as this ye...

4 weeks ago - PRNewsWire

Hagerty Appoints Jeff Briglia as President of Insurance

TRAVERSE CITY, Mich. , May 31, 2024 /PRNewswire/ -- Hagerty (NYSE: HGTY) announced today that Jeff Briglia has been named Hagerty's new President of Insurance, effective July 1, 2024, to lead all aspe...

4 weeks ago - PRNewsWire

Hagerty Reports First Quarter 2024 Results; Reaffirms 2024 Outlook for Strong Growth and Margin Expansion

First quarter 2024 Total Revenue increased 24% year-over-year to $271.7 million First quarter 2024 Written Premium increased 19% year-over-year to $218.3 million First quarter 2024 Operating Income ma...

2 months ago - PRNewsWire

Esteemed Contemporary Architect Steven Harris Named Grand Marshal of Greenwich Concours d'Elegance

Featured classes in Saturday's Concours de Sport include The Cars of Alejandro De Tomaso, Performance Station Wagons and Racecars of Thompson Speedway; Sunday Concours d'Elegance will feature Bertone,...

2 months ago - PRNewsWire

Hagerty to Report First Quarter 2024 Results and Host Conference Call on Tuesday, May 7, 2024

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

2 months ago - PRNewsWire

Mobil 1™ Announced as Title Sponsor of RADwood 2024 and New Mobil 1 Totally RAD Live Festival Experience

Supporting the community known for killer cars and fly attire, Mobil 1 Totally RAD Live features concert series, awesome cars, and fashion of the '80s and '90s plus new awards TRAVERSE CITY, Mich. , A...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - Bloomberg Technology

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...

4 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - Business Wire

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.

5 months ago - PRNewsWire

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 ...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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 ...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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 ...

8 months ago - Business Wire

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...

9 months ago - PRNewsWire

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 ...

9 months ago - Business Wire