Hagerty Future Growth
Future criteria checks 3/6
Hagerty is forecast to grow earnings and revenue by 14.7% and 13.5% per annum respectively. EPS is expected to grow by 68.6% per annum. Return on equity is forecast to be 122.1% in 3 years.
Key information
14.7%
Earnings growth rate
68.6%
EPS growth rate
Insurance earnings growth | 11.6% |
Revenue growth rate | 13.5% |
Future return on equity | 122.1% |
Analyst coverage | Low |
Last updated | 19 Nov 2024 |
Recent future growth updates
Recent updates
The Price Is Right For Hagerty, Inc. (NYSE:HGTY)
Sep 13Hagerty: An Overlooked, Fast Growing Niche Insurance Stock
Feb 20Take Care Before Diving Into The Deep End On Hagerty, Inc. (NYSE:HGTY)
Nov 10Hagerty: Lacking Margin Expansions Warrant A Sell
Aug 26Greenhaven Road Capital - Hagerty: One Day Closer To State Farm
Aug 12Hagerty: Stuck In First Gear
Feb 12Hagerty appoints Patrick McClymont as CFO
Aug 23Hagerty to acquire Broad Arrow Group
Aug 10Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 1,558 | 4 | N/A | N/A | 1 |
12/31/2025 | 1,360 | 112 | N/A | N/A | 2 |
12/31/2024 | 1,188 | 7 | N/A | N/A | 2 |
9/30/2024 | 1,153 | 20 | 169 | 191 | N/A |
6/30/2024 | 1,106 | 21 | 163 | 185 | N/A |
3/31/2024 | 1,054 | 15 | 157 | 180 | N/A |
12/31/2023 | 1,000 | 16 | 107 | 134 | N/A |
9/30/2023 | 952 | -1 | 61 | 94 | N/A |
6/30/2023 | 893 | 10 | 27 | 66 | N/A |
3/31/2023 | 838 | 2 | 16 | 58 | N/A |
12/31/2022 | 788 | 32 | 11 | 55 | N/A |
9/30/2022 | 745 | -15 | 5 | 50 | N/A |
6/30/2022 | 696 | -30 | -12 | 34 | N/A |
3/31/2022 | 658 | -12 | -13 | 30 | N/A |
12/31/2021 | 619 | -46 | -1 | 42 | N/A |
9/30/2021 | 586 | -6 | 46 | 91 | N/A |
6/30/2021 | 554 | 5 | 37 | 81 | N/A |
3/31/2021 | 508 | -2 | 28 | 70 | N/A |
12/31/2020 | 500 | 10 | 46 | 85 | N/A |
12/31/2019 | 397 | 4 | 41 | 50 | N/A |
12/31/2018 | 302 | 8 | 38 | 46 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HGTY's forecast earnings growth (14.7% per year) is above the savings rate (2.6%).
Earnings vs Market: HGTY's earnings (14.7% per year) are forecast to grow slower than the US market (15.3% per year).
High Growth Earnings: HGTY's earnings are forecast to grow, but not significantly.
Revenue vs Market: HGTY's revenue (13.5% per year) is forecast to grow faster than the US market (8.9% 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%).