Hagerty, Inc.

NYSE:HGTY Stock Report

Market Cap: US$3.6b

Hagerty Future Growth

Future criteria checks 5/6

Hagerty is forecast to grow earnings and revenue by 25.9% and 13.5% per annum respectively. EPS is expected to grow by 97.1% per annum. Return on equity is forecast to be 122.1% in 3 years.

Key information

25.9%

Earnings growth rate

97.1%

EPS growth rate

Insurance earnings growth11.3%
Revenue growth rate13.5%
Future return on equity122.1%
Analyst coverage

Low

Last updated19 Nov 2024

Recent future growth 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

Earnings and Revenue Growth Forecasts

NYSE:HGTY - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20261,5584N/AN/A1
12/31/20251,360112N/AN/A2
12/31/20241,1888N/AN/A2
9/30/20241,15320169191N/A
6/30/20241,10621163185N/A
3/31/20241,05415157180N/A
12/31/20231,00016107134N/A
9/30/2023952-16194N/A
6/30/2023893102766N/A
3/31/202383821658N/A
12/31/2022788321155N/A
9/30/2022745-15550N/A
6/30/2022696-30-1234N/A
3/31/2022658-12-1330N/A
12/31/2021619-46-142N/A
9/30/2021586-64691N/A
6/30/202155453781N/A
3/31/2021508-22870N/A
12/31/2020500104685N/A
12/31/201939744150N/A
12/31/201830283846N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HGTY's forecast earnings growth (25.9% per year) is above the savings rate (2.6%).

Earnings vs Market: HGTY's earnings (25.9% per year) are forecast to grow faster than the US market (15.2% per year).

High Growth Earnings: HGTY's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HGTY's revenue (13.5% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: HGTY's revenue (13.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HGTY's Return on Equity is forecast to be very high in 3 years time (122.1%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 04:46
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hagerty, Inc. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jamminder BhullarJ.P. Morgan
Charles Gregory PetersRaymond James & Associates
Mark HughesTruist Securities