Hagerty, Inc. (HGTY)

NYSE: HGTY · IEX Real-Time Price · USD
8.43
+0.06 (0.72%)
Mar 24, 2023, 4:00 PM EDT - Market closed
0.72%
Market Cap 4.95B
Revenue (ttm) 787.59M
Net Income (ttm) 32.08M
Shares Out 587.38M
EPS (ttm) -0.07
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 162,171
Open 8.27
Previous Close 8.37
Day's Range 8.23 - 8.53
52-Week Range 7.23 - 13.96
Beta n/a
Analysts Buy
Price Target 15.30 (+81.5%)
Earnings Date May 8, 2023

About HGTY

Hagerty, Inc. provides insurance agency services worldwide. It offers automobile and boat insurance products; and reinsurance products. The company also provides Hagerty Media, which publishes contents through the HDC Magazine, video content, YouTube channel; 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; HVT, a valuation tool used by the customer to access current and historic... [Read more]

Sector Financials
Founded 1984
Employees 1,668
Stock Exchange NYSE
Ticker Symbol HGTY
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for HGTY stock is "Buy." The 12-month stock price forecast is $15.3, which is an increase of 81.50% from the latest price.

Price Target
$15.3
(81.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Hagerty, Inc. (HGTY) Reports Q4 Loss, Lags Revenue Estimates

Hagerty, Inc. (HGTY) delivered earnings and revenue surprises of -25% and 0.79%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Hagerty Reports Full Year 2022 Results

Provides 2023 Outlook for 22-26% Total Revenue Growth Fourth quarter 2022 Total Revenue increased 28% year-over-year to $197.0 million, and full year 2022 Total Revenue increased 27% year-over-year to...

1 week ago - PRNewsWire

1935 Voisin C25 Aerodyne and 1964 Ferrari 250 LM Named Best in Show at The Amelia's Record-Setting Motoring Weekend

AMELIA ISLAND, Fla., March 8, 2023 /PRNewswire/ -- A 1935 Voisin C25 Aerodyne and a 1964 Ferrari 250 LM were crowned Best in Show at The Amelia Concours d'Elegance - its 28th annual event.

2 weeks ago - PRNewsWire

Hagerty Names its U.S. 'Top Gear' Agents for 2023

TRAVERSE CITY, Mich. , March 1, 2023 /PRNewswire/ -- Hagerty, an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, has named its...

3 weeks ago - PRNewsWire

Hagerty Names its Allstar Advantage Agencies for 2023

TRAVERSE CITY, Mich. , March 1, 2023 /PRNewswire/ -- Hagerty, an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, has named its...

3 weeks ago - PRNewsWire

Greenwich Concours Adds Concours de Sport Saturday, Honors Wayne Carini as Grand Marshal

TRAVERSE CITY, Mich. , Feb. 27, 2023 /PRNewswire/ -- Hagerty (NYSE: HGTY) today announced that the Greenwich Concours, hosted June 2-4, 2023, will return to a two-day competitive format, adding a day ...

3 weeks ago - PRNewsWire

Hagerty to Report Fourth Quarter 2022 Results and Host Conference Call on Tuesday, March 14, 2023

TRAVERSE CITY, Mich. , Feb. 14, 2023 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast ma...

1 month ago - PRNewsWire

Hagerty launches Enthusiast Carbon Offset program

ECO is part of Hagerty's broader Impact strategy launching this year TRAVERSE CITY, Mich. , Jan. 26, 2023 /PRNewswire/ -- Hagerty  (NYSE: HGTY), an automotive lifestyle brand and a leading specialty i...

2 months ago - PRNewsWire

Buy these Enthusiast Vehicles Before They're Hot; Hagerty Announces 2023 U.S. Bull Market List

The annual Bull Market list is compiled using data from millions of insured vehicles, public auction results, and historical trends TRAVERSE CITY, Mich. , Dec. 7, 2022 /PRNewswire/ -- Hagerty (NYSE: H...

3 months ago - PRNewsWire

Hagerty Garage + Social Partners with Porsche Racing and Car Culture Legends Patrick Long and Rod Emory to Open Southern California Storage Facility, Clubhouse

VAN NUYS, Calif. , Nov. 28, 2022 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive lifestyle brand and leading specialty insurance provider, announces the opening of Garage + Social Van Nuys, ...

4 months ago - PRNewsWire

Hagerty Reports Third Quarter 2022 Results

Third quarter 2022 Total Revenue increased 29% year-over-year to $216.8 million, and year-to-date 2022 Total Revenue increased 27% year-over-year to $590.6 million Total Members as of September 30, 20...

4 months ago - PRNewsWire

Hagerty Marketplace Launches Online Auctions with 10-Car Capsule Sale

2019 Ford GT Highlights Grouping of Enthusiast Cars from 1960s to Modern Era TRAVERSE CITY, Mich. , Nov. 3, 2022 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive lifestyle brand and a leading...

5 months ago - PRNewsWire

Mobil 1 and Hagerty Make Their Partnership Official: The Legendary Motorsports and Automotive Brands are on a Mission to Save Driving and Celebrate Car Culture

Driving is an Essential Activity for 238 Million Licensed Drivers in the United States; Together Mobil 1 and Hagerty will Make Every Mile More Meaningful TRAVERSE CITY, Mich. , Nov. 2, 2022 /PRNewswir...

5 months ago - PRNewsWire

Hagerty to Report Third Quarter 2022 Results and Host Conference Call on Thursday, November 10, 2022

TRAVERSE CITY, Mich. , Oct. 27, 2022 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast ma...

5 months ago - PRNewsWire

Hagerty Named to Fortune magazine's Best Workplaces in Financial Services and Insurance list for Fourth Consecutive Year

TRAVERSE CITY, Mich. , Sept. 8, 2022 /PRNewswire/ -- Hagerty (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, ...

7 months ago - PRNewsWire

Hagerty to Participate in the KBW Insurance Conference on September 8th, 2022

Live Webcast Available TRAVERSE CITY, Mich. , Sept. 1, 2022 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global a...

7 months ago - PRNewsWire

Hagerty Appoints Patrick McClymont as new Chief Financial Officer, Announces Planned Retirement and Transition for Longtime CFO Fred Turcotte

TRAVERSE CITY, Mich. , Aug. 23, 2022 /PRNewswire/ -- Hagerty (HGTY) announced today that Patrick McClymont has been named Hagerty's next Chief Financial Officer, effective September 6, 2022.

7 months ago - PRNewsWire

Hagerty's newly acquired Broad Arrow Auctions exceeds expectations with $55.3 million in sales at inaugural Monterey Jet Center event

1957 Ferrari 250 GT LWB Berlinetta Scaglietti "Tour de France" tops Broad Arrow's inaugural auction at $5,500,000 Ferrari F50 leads supercar highlights, setting a new world record price of $5,175,000 ...

7 months ago - PRNewsWire

Hagerty Reports Second Quarter 2022 Results

Second quarter 2022 Total Revenue increased 23% year-over-year to $206.0 million, and year-to-date 2022 Total Revenue increased 26% year-over-year to $373.8 million Total Members as of June 30, 2022 i...

8 months ago - PRNewsWire

Hagerty Enters into Definitive Agreement to Acquire Broad Arrow Group

TRAVERSE CITY, Mich. , Aug. 10, 2022 /PRNewswire/ -- Hagerty (HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, today ...

8 months ago - PRNewsWire

Hagerty Welcomes New Chief Data and Information Officer

TRAVERSE CITY, Mich. , Aug. 4, 2022 /PRNewswire/ -- Hagerty (HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, today a...

8 months ago - PRNewsWire

Hagerty to Report Second Quarter 2022 Results and Host Conference Call on Wednesday, August 10, 2022

TRAVERSE CITY, Mich. , July 11, 2022 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast ma...

9 months ago - PRNewsWire

Hagerty Announces Capital Markets Veteran Jay Koval to Lead Investor Relations

TRAVERSE CITY, Mich.--(BUSINESS WIRE)--Hagerty (NYSE: HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, today announce...

9 months ago - Business Wire

By the Numbers: The 2022 Greenwich Concours d'Elegance

TRAVERSE CITY, Mich. , June 7, 2022 /PRNewswire/ -- The Greenwich Concours d'Elegance held June 3-5, 2022, in Greenwich, Connecticut, celebrated car culture and honored concours tradition with more th...

10 months ago - PRNewsWire

Hagerty Expands Marketplace Business Adding Digital Classifieds Platform

TRAVERSE CITY, Mich. , May 26, 2022 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive lifestyle brand and a leading specialty insurance provider focused on global automotive enthusiasts, today...

10 months ago - PRNewsWire