Hagerty, Inc. (HGTY)
NYSE: HGTY · Real-Time Price · USD
9.00
-0.33 (-3.54%)
At close: Mar 28, 2025, 4:00 PM
9.17
+0.17 (1.88%)
After-hours: Mar 28, 2025, 8:00 PM EDT

Hagerty Statistics

Total Valuation

Hagerty has a market cap or net worth of $3.07 billion. The enterprise value is $3.05 billion.

Market Cap 3.07B
Enterprise Value 3.05B

Important Dates

The last earnings date was Tuesday, March 4, 2025, before market open.

Earnings Date Mar 4, 2025
Ex-Dividend Date n/a

Share Statistics

Hagerty has 341.07 million shares outstanding. The number of shares has decreased by -73.99% in one year.

Current Share Class 90.04M
Shares Outstanding 341.07M
Shares Change (YoY) -73.99%
Shares Change (QoQ) +0.38%
Owned by Insiders (%) 8.95%
Owned by Institutions (%) 26.02%
Float 30.15M

Valuation Ratios

The trailing PE ratio is 89.06 and the forward PE ratio is 29.26.

PE Ratio 89.06
Forward PE 29.26
PS Ratio 0.66
Forward PS 2.23
PB Ratio 5.39
P/TBV Ratio n/a
P/FCF Ratio 19.72
P/OCF Ratio 17.34
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 28.94, with an EV/FCF ratio of 19.56.

EV / Earnings 342.22
EV / Sales 2.54
EV / EBITDA 28.94
EV / EBIT 45.92
EV / FCF 19.56

Financial Position

The company has a current ratio of 0.94, with a Debt / Equity ratio of 0.25.

Current Ratio 0.94
Quick Ratio 0.48
Debt / Equity 0.25
Debt / EBITDA 1.34
Debt / FCF 0.99
Interest Coverage 11.44

Financial Efficiency

Return on equity (ROE) is 12.87% and return on invested capital (ROIC) is 5.74%.

Return on Equity (ROE) 12.87%
Return on Assets (ROA) 2.51%
Return on Invested Capital (ROIC) 5.74%
Return on Capital Employed (ROCE) 8.36%
Revenue Per Employee $688,095
Profits Per Employee $5,103
Employee Count 1,744
Asset Turnover 0.73
Inventory Turnover n/a

Taxes

In the past 12 months, Hagerty has paid $15.38 million in taxes.

Income Tax 15.38M
Effective Tax Rate 17.83%

Stock Price Statistics

The stock price has decreased by -1.96% in the last 52 weeks. The beta is 0.84, so Hagerty's price volatility has been lower than the market average.

Beta (5Y) 0.84
52-Week Price Change -1.96%
50-Day Moving Average 9.73
200-Day Moving Average 10.55
Relative Strength Index (RSI) 34.61
Average Volume (20 Days) 81,629

Short Selling Information

The latest short interest is 311,263, so 0.09% of the outstanding shares have been sold short.

Short Interest 311,263
Short Previous Month 308,086
Short % of Shares Out 0.09%
Short % of Float 1.03%
Short Ratio (days to cover) 6.28

Income Statement

In the last 12 months, Hagerty had revenue of $1.20 billion and earned $8.90 million in profits. Earnings per share was $0.10.

Revenue 1.20B
Gross Profit 679.98M
Operating Income 66.33M
Pretax Income 49.09M
Net Income 8.90M
EBITDA 105.24M
EBIT 66.33M
Earnings Per Share (EPS) $0.10
Full Income Statement

Balance Sheet

The company has $178.74 million in cash and $154.86 million in debt, giving a net cash position of $23.88 million or $0.07 per share.

Cash & Cash Equivalents 178.74M
Total Debt 154.86M
Net Cash 23.88M
Net Cash Per Share $0.07
Equity (Book Value) 608.17M
Book Value Per Share 1.67
Working Capital -57.04M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $177.02 million and capital expenditures -$21.34 million, giving a free cash flow of $155.68 million.

Operating Cash Flow 177.02M
Capital Expenditures -21.34M
Free Cash Flow 155.68M
FCF Per Share $0.46
Full Cash Flow Statement

Margins

Gross margin is 56.66%, with operating and profit margins of 5.53% and 0.80%.

Gross Margin 56.66%
Operating Margin 5.53%
Pretax Margin 7.19%
Profit Margin 0.80%
EBITDA Margin 8.77%
EBIT Margin 5.53%
FCF Margin 12.97%

Dividends & Yields

Hagerty does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 73.99%
Shareholder Yield n/a
Earnings Yield 0.29%
FCF Yield 5.07%

Analyst Forecast

The average price target for Hagerty is $11.00, which is 22.22% higher than the current price. The consensus rating is "Hold".

Price Target $11.00
Price Target Difference 22.22%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Hagerty has an Altman Z-Score of 0.89 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.89
Piotroski F-Score 7