Hagerty, Inc. Class A Common Stock (HGTY)
NYSE NYSE Primary Summary
HGTY Chart
Hagerty: Shrugging Off The Secondary And Hitting New Highs
Hagerty is rated a buy, with accelerating fundamentals, strong written premium growth, and a technical breakout despite messy GAAP numbers from a reinsurance transition. Written premium grew 19% in H1, adjusted EBITDA rose 32% to $160M, and management raised full-year guidance twice, signaling robust underlying business momentum. The Markel transition distorts GAAP results, but these effects should roll off by 2027, making written premium, policies in force, and adjusted EBITDA the key metrics to monitor.
Earnings Estimates Moving Higher for Hagerty (HGTY): Time to Buy?
Hagerty, Inc. (HGTY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Should You Buy Hagerty, Inc. (HGTY) After Golden Cross?
Hagerty, Inc. (HGTY) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, HGTY's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
Hagerty, Inc. Class A Common Stock Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 2 | $26.8 | $31.44 | $4.64 | 17.31% |
| AC Anthony Calzetta Pembroke Management Ltd. | 1.76M | $20.2M | $27.64M | $7.44M | 36.81% |
 Tom Gayner Markel Gayner Asset Management Corp | 3.11M | $29.12M | $48.55M | $19.42M | 66.7% |
| KM Kristin Mariani Janus Henderson Group PLC | 14,933 | $128,616.34 | $233,925.44 | $105,309.1 | 81.88% |
| KJD Kathryn J. Daniels Canada Pension Plan Investment Board | 50,900 | $614,838 | $793,531 | $178,693 | 29.06% |
Hagerty, Inc. Class A Common Stock (HGTY) FAQ
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Hagerty, Inc. Class A Common Stock Profile
| Insurance Industry | Financials Sector | McKeel O. Hagerty CEO | NYSE Exchange | 405166109 CUSIP |
| US Country | 1,891 Employees | - Last Dividend | - Last Split | 1 Jun 2021 IPO Date |
Overview
Hagerty, Inc. is a global provider of insurance services with its headquarters based in Traverse City, Michigan. The company specializes in motor vehicle and boat insurance products while also extending its offerings to reinsurance products. Hagerty's involvement in the automotive enthusiast community is significant, providing a range of services and products designed to enhance the ownership experience of collector vehicles. Through its media arm, Hagerty Media, it publishes content across various channels including the Hagerty Drivers Club Magazine, videos, and social media, catering to the interests of automotive enthusiasts around the world.
Products and Services
Hagerty Media: This division produces content aimed at automotive enthusiasts, including editorial content through the Hagerty Drivers Club Magazine (HDC), engaging video content, and active participation in social media. This multi-channel approach aims to connect deeply with the car enthusiast community by sharing compelling stories, insights, and entertainment.
Hagerty Drivers Club (HDC): HDC is a subscription-based offering that provides members with a range of exclusive products and services. This includes the HDC magazine, access to automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and discounts on vehicle-related services. The club aims to enhance the experience of owning and driving collector vehicles.
Vehicle Valuation Tool (HVT): HVT is a specialized valuation tool offered by Hagerty, which allows customers to access both current and historic pricing data for collector vehicle models. This tool is invaluable for enthusiasts and investors looking to purchase, sell, or simply understand the value of collector vehicles over time.
Hagerty Garage + Social: This service provides a mix of clubhouses and car storage facilities for automotive enthusiasts. Ideal for individuals seeking a social environment centered around the love for cars, it offers community-driven experiences and secure storage solutions for collector vehicles. Hagerty Garage + Social emphasizes the communal aspect of car enthusiasm, allowing members to connect and share their passion for cars in a dedicated space.
Contact Information
