Hagerty (HGTY) Stock Price, News & Analysis

Company Overview

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. In addition, it offers HVT, a valuation tool used by the customer to access current and historic pricing data of collector vehicle models. Further, the company offers Hagerty Garage + Social, a platform that provides clubhouses and car storage facilities. Hagerty, Inc. is headquartered in Traverse City, Michigan.

Key Stats

• Today's Range: $9.81 to $10.10
• 50-Day Range: $9.31 to $10.93
• 52-Week Range: $8.27 to $12.35
• Volume: 33,746 shs
• Average Volume: 46,634 shs
• Market Capitalization: $3.42 billion
• P/E Ratio: 91.27
• Dividend Yield: N/A
• Price Target: $11.00
• Consensus Rating: Reduce

Hagerty Stock Analysis - MarketRank™

Hagerty scored higher than 36% of companies evaluated by MarketBeat, and ranked 161st out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.8 / 5
• Analyst Rating: Reduce

Consensus Rating

Hagerty has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Hagerty has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 63.64%

Earnings Growth

Earnings for Hagerty are expected to grow by 63.64% in the coming year, from $0.22 to $0.36 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hagerty is 91.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hagerty is 91.27, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.83.

Price to Book Value per Share Ratio

Hagerty has a P/B Ratio of 8.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.36% of the float of Hagerty has been sold short.

Short Interest Ratio / Days to Cover

Hagerty has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hagerty has recently decreased by 6.24%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Hagerty does not currently pay a dividend.

Dividend Growth

Hagerty does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.36% of the float of Hagerty has been sold short.

Short Interest Ratio / Days to Cover

Hagerty has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hagerty has recently decreased by 6.24%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.91

News Sentiment

Hagerty has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Hagerty this week, compared to 4 articles on an average week.

Search Interest

Only 1 people have searched for HGTY on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Hagerty to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Hagerty insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,462,699.00 in company stock.

Percentage Held by Insiders

17.90% of the stock of Hagerty is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 20.51% of the stock of Hagerty is held by institutions.

HGTY Stock Analysis - Frequently Asked Questions

How have HGTY shares performed this year?

Hagerty's stock was trading at $9.65 at the beginning of the year. Since then, HGTY shares have increased by 4.0% and is now trading at $10.04.
View the best growth stocks for 2025 here.

How were Hagerty's earnings last quarter?

Hagerty, Inc. (NYSE:HGTY) issued its earnings results on Thursday, November, 7th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.03. The firm earned $323.37 million during the quarter, compared to analyst estimates of $318.07 million. Hagerty had a trailing twelve-month return on equity of 12.06% and a net margin of 5.27%.

Who are Hagerty's major shareholders?

Top institutional investors of Hagerty include Neuberger Berman Group LLC (1.39%), Markel Group Inc. (0.91%), Vanguard Group Inc. (0.78%) and Greenhaven Road Investment Management L.P. (0.36%). Insiders that own company stock include Robert I Kauffman and Laurie Harris.
View institutional ownership trends.

How do I buy shares of Hagerty?

Shares of HGTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Hagerty own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hagerty investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Adobe (ADBE), Jabil (JBL), Novo Nordisk A/S (NVO) and General Electric (GE).

Company Calendar

• Last Earnings: 11/07/2024
• Today: 2/22/2025
• Next Earnings (Estimated): 5/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Insurance agents, brokers, & service
• Sub-Industry: Insurance
• Current Symbol: NYSE:HGTY
• CUSIP: N/A
• CIK: 1840776
• Web: www.aldelfinancial.com
• Phone: 800-922-4050
• Fax: N/A
• Employees: 1,732
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.00
• High Stock Price Target: $11.00
• Low Stock Price Target: $11.00
• Potential Upside/Downside: +9.6%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.11
• Trailing P/E Ratio: 91.27
• Forward P/E Ratio: 45.64
• P/E Growth: N/A
• Net Income: $20.23 million
• Net Margins: 5.27%
• Pretax Margin: 8.10%
• Return on Equity: 12.06%
• Return on Assets: 3.26%

Debt

• Debt-to-Equity Ratio: 0.23
• Current Ratio: 1.01
• Quick Ratio: 1.01

Sales & Book Value

• Annual Sales: $1.16 billion
• Price / Sales: 2.96
• Cash Flow: $0.20 per share
• Price / Cash Flow: 51.06
• Book Value: $1.22 per share
• Price / Book: 8.23

Miscellaneous

• Outstanding Shares: 341,066,000
• Free Float: 280,015,000
• Market Cap: $3.42 billion
• Optionable: Optionable
• Beta: 0.85