NYSE:HGTY

Hagerty (HGTY) Stock Price, News & Analysis

$8.84
+0.06 (+0.68%)
(As of 12:57 PM ET)
Today's Range
$8.75
$8.90
50-Day Range
$8.13
$9.18
52-Week Range
$7.52
$10.36
Volume
6,514 shs
Average Volume
54,293 shs
Market Capitalization
$2.97 billion
P/E Ratio
126.29
Dividend Yield
N/A
Price Target
$10.00

Hagerty MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
14.3% Upside
$10.00 Price Target
Short Interest
Bearish
1.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.73mentions of Hagerty in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$130,444 Sold Last Quarter
Proj. Earnings Growth
36.84%
From $0.19 to $0.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.98 out of 5 stars

Retail/Wholesale Sector

153rd out of 200 stocks

Insurance Agents, Brokers, & Service Industry

14th out of 17 stocks

HGTY stock logo

About Hagerty Stock (NYSE:HGTY)

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.

HGTY Stock Price History

HGTY Stock News Headlines

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Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Hagerty Inc - Ordinary Shares - Class A
HGTY Mar 2024 10.000 call
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
4/23/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Insurance agents, brokers, & service
Sub-Industry
N/A
Fax
N/A
Employees
1,732
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.00
High Stock Price Target
$11.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+12.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$20.23 million
Pretax Margin
4.48%

Debt

Sales & Book Value

Annual Sales
$1.00 billion
Cash Flow
$0.20 per share
Book Value
$1.22 per share

Miscellaneous

Free Float
275,601,000
Market Cap
$2.98 billion
Optionable
Optionable
Beta
0.77
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Key Executives

  • Mr. McKeel O. Hagerty (Age 57)
    CEO & Director
    Comp: $1.08M
  • Ms. Collette Champagne (Age 54)
    Chief Human Resources Officer & CAO
    Comp: $549.71k
  • Mr. Patrick S. McClymont (Age 54)
    Chief Financial Officer
  • Mr. Kevin M. Delaney (Age 51)
    Principal Accounting Officer, Chief Accounting Officer & Corporate Controller
  • Mr. Russell Page
    Chief Information Officer
  • Mr. Jason Koval
    Senior Vice President of Investor Relations & Communications
  • Ms. Diana Marie Chafey (Age 55)
    Chief Legal Officer & Corporate Secretary
  • Mr. Paul E. Rehrig B.A. (Age 51)
    President of Media, Marketing & Membership
  • Mr. Larry Webster
    Senior Vice President of Hagerty Media
  • Mr. Chuck Favour
    Chief Underwriting Officer

HGTY Stock Analysis - Frequently Asked Questions

Should I buy or sell Hagerty stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hagerty in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HGTY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HGTY, but not buy additional shares or sell existing shares.
View HGTY analyst ratings
or view top-rated stocks.

What is Hagerty's stock price target for 2024?

2 analysts have issued 12-month target prices for Hagerty's shares. Their HGTY share price targets range from $9.00 to $11.00. On average, they expect the company's stock price to reach $10.00 in the next year. This suggests a possible upside of 14.3% from the stock's current price.
View analysts price targets for HGTY
or view top-rated stocks among Wall Street analysts.

How have HGTY shares performed in 2024?

Hagerty's stock was trading at $7.80 at the beginning of 2024. Since then, HGTY stock has increased by 12.2% and is now trading at $8.75.
View the best growth stocks for 2024 here
.

When is Hagerty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our HGTY earnings forecast
.

How were Hagerty's earnings last quarter?

Hagerty, Inc. (NYSE:HGTY) posted its quarterly earnings results on Tuesday, March, 12th. The company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). The business had revenue of $245.04 million for the quarter, compared to analyst estimates of $245.17 million. Hagerty had a net margin of 1.84% and a trailing twelve-month return on equity of 4.53%.

What guidance has Hagerty issued on next quarter's earnings?

Hagerty issued an update on its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Who are Hagerty's major shareholders?

Hagerty's stock is owned by a number of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.11%). Insiders that own company stock include Laurie Harris and Robert I Kauffman.
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.
Compare Top Brokerages Here.

This page (NYSE:HGTY) was last updated on 4/23/2024 by MarketBeat.com Staff

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