Hagerty (HGTY) Stock Forecast, Price & News

2 Wall Street equities 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 equities 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.

2 Wall Street research analysts have issued 1 year price objectives for Hagerty's shares. Their HGTY share price forecasts range from $11.00 to $11.00. On average, they anticipate the company's share price to reach $11.00 in the next year. This suggests a possible upside of 31.0% from the stock's current price.
View analysts price targets for HGTY or view top-rated stocks among Wall Street analysts.

Hagerty's stock was trading at $8.41 on January 1st, 2023. Since then, HGTY shares have decreased by 0.1% and is now trading at $8.40.
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Hagerty saw a drop in short interest during the month of August. As of August 15th, there was short interest totaling 1,360,000 shares, a drop of 5.6% from the July 31st total of 1,440,000 shares. Based on an average trading volume of 93,500 shares, the short-interest ratio is currently 14.5 days. Currently, 1.8% of the company's shares are short sold.
View Hagerty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our HGTY earnings forecast.

Hagerty issued an update on its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $968.00M-$1.00 billion, compared to the consensus revenue estimate of $991.60 million.

Hagerty trades on the New York Stock Exchange (NYSE) under the ticker symbol "HGTY."

Hagerty's stock is owned by many different retail and institutional investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.28%), BlackRock Inc. (0.18%), Confluence Investment Management LLC (0.14%), Royce & Associates LP (0.14%), Geode Capital Management LLC (0.09%) and Granahan Investment Management LLC (0.06%).
View institutional ownership trends.

Shares of HGTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HGTY stock can currently be purchased for approximately $8.40.

Hagerty (NYSE:HGTY) has a market capitalization of $2.82 billion and generates $787.59 million in revenue each year. The company earns $32.08 million in net income (profit) each year or $0.01 on an earnings per share basis.

The company employs 1,874 workers across the globe.

Hagerty's mailing address is 105 S MAPLE STREET, ITASCA IL, 60143. The official website for the company is www.aldelfinancial.com. The company can be reached via phone at 800-922-4050 or via email at info@aldelfinancial.com.