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Hagerty NYSE:HGTY Stock Report

Last Price

US$11.51

Market Cap

US$3.9b

7D

3.8%

1Y

34.3%

Updated

22 Nov, 2024

Data

Company Financials +

Hagerty, Inc.

NYSE:HGTY Stock Report

Market Cap: US$3.9b

HGTY Stock Overview

Provides insurance agency services worldwide. More details

HGTY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance3/6
Financial Health5/6
Dividends0/6

Rewards

Earnings are forecast to grow 25.89% per year

Became profitable this year

Risk Analysis

No risks detected for HGTY from our risk checks.

Hagerty, Inc. Competitors

Goosehead Insurance

NasdaqGS:GSHD

US$4.5b

TWFG

NasdaqGS:TWFG

US$1.9b

Ryan Specialty Holdings

NYSE:RYAN

US$18.8b

Brown & Brown

NYSE:BRO

US$31.7b

Price History & Performance

Summary of all time highs, changes and price drops for Hagerty
Historical stock prices
Current Share PriceUS$11.51
52 Week HighUS$12.35
52 Week LowUS$7.68
Beta0.78
11 Month Change9.83%
3 Month Change-1.37%
1 Year Change34.31%
33 Year Change15.33%
5 Year Changen/a
Change since IPO18.05%

Recent News & Updates

Recent updates

The Price Is Right For Hagerty, Inc. (NYSE:HGTY)

Sep 13
The Price Is Right For Hagerty, Inc. (NYSE:HGTY)

Hagerty: An Overlooked, Fast Growing Niche Insurance Stock

Feb 20

Take Care Before Diving Into The Deep End On Hagerty, Inc. (NYSE:HGTY)

Nov 10
Take Care Before Diving Into The Deep End On Hagerty, Inc. (NYSE:HGTY)

Hagerty: Lacking Margin Expansions Warrant A Sell

Aug 26

Greenhaven Road Capital - Hagerty: One Day Closer To State Farm

Aug 12

Hagerty: Stuck In First Gear

Feb 12

Hagerty appoints Patrick McClymont as CFO

Aug 23

Hagerty to acquire Broad Arrow Group

Aug 10

Shareholder Returns

HGTYUS InsuranceUS Market
7D3.8%2.2%2.2%
1Y34.3%32.7%31.7%

Return vs Industry: HGTY exceeded the US Insurance industry which returned 32.2% over the past year.

Return vs Market: HGTY exceeded the US Market which returned 31.1% over the past year.

Price Volatility

Is HGTY's price volatile compared to industry and market?
HGTY volatility
HGTY Average Weekly Movement3.9%
Insurance Industry Average Movement4.2%
Market Average Movement6.3%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: HGTY has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: HGTY's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a1,729McKeel Hagertywww.hagerty.com

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.

Hagerty, Inc. Fundamentals Summary

How do Hagerty's earnings and revenue compare to its market cap?
HGTY fundamental statistics
Market capUS$3.93b
Earnings (TTM)US$19.92m
Revenue (TTM)US$1.15b

52.0x

P/E Ratio

0.9x

P/S Ratio

Is HGTY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HGTY income statement (TTM)
RevenueUS$1.15b
Cost of RevenueUS$505.49m
Gross ProfitUS$647.86m
Other ExpensesUS$627.94m
EarningsUS$19.92m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.22
Gross Margin56.17%
Net Profit Margin1.73%
Debt/Equity Ratio20.2%

How did HGTY perform over the long term?

See historical performance and comparison