HagertyHGTY
HGTY
About: Hagerty Inc is a provider of specialty automotive insurance. The company underwrites, sells, and services classic car and enthusiast vehicle insurance policies. Substantial revenue is derived from Commission and fees. Geographically it serves Europe, Canada, and the United States.
Employees: 1,744
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
2,196% more call options, than puts
Call options by funds: $643K | Put options by funds: $28K
100% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 2 (+1) [Q1 2025]
0.7% more ownership
Funds ownership: 83.5% [Q4 2024] → 84.2% (+0.7%) [Q1 2025]
4% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 26
2% less funds holding
Funds holding: 89 [Q4 2024] → 87 (-2) [Q1 2025]
6% less capital invested
Capital invested by funds: $725M [Q4 2024] → $685M (-$40.4M) [Q1 2025]
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$10
6%
upside
Avg. target
$10
6%
upside
High target
$10
6%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
JP Morgan Pablo Singzon | 6%upside $10 | Neutral Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 5 articles about HGTY published over the past 30 days
Neutral
GlobeNewsWire
4 days ago
BROAD ARROW ADDS ZÜRICH AUCTION AT THE DOLDER GRAND HOTEL TO ITS GROWING GLOBAL CALENDAR
INAUGURAL ZÜRICH AUCTION TO TAKE PLACE ON 1 NOVEMBER 2025 AS A HIGHLIGHT OF THE RENOWNED AUTO ZÜRICH SHOW | APPROXIMATELY 60 EXCEPTIONAL COLLECTOR CARS TO BE AUCTIONED AT THE SPECTACULAR DOLDER GRAND INAUGURAL ZÜRICH AUCTION TO TAKE PLACE ON 1 NOVEMBER 2025 AS A HIGHLIGHT OF THE RENOWNED AUTO ZÜRICH SHOW | APPROXIMATELY 60 EXCEPTIONAL COLLECTOR CARS TO BE AUCTIONED AT THE SPECTACULAR DOLDER GRAND
Positive
Zacks Investment Research
1 week ago
5 Mid & Small-Cap Stock Picks From the Booming P&C Insurance Industry
HRTG, HGTY, HCI, PLMR and UFCS shine as mid- and small-cap P&C insurers gain from pricing power and underwriting strength.
Neutral
GlobeNewsWire
1 week ago
BROAD ARROW'S EXPANSION IN EUROPE CONTINUES WITH THE ZOUTE CONCOURS AUCTION IN BELGIUM
AUCTION SET FOR 10 OCTOBER IN COLLABORATION WITH ZOUTE GRAND PRIX CAR WEEK | NEW SALE ANNOUNCED ON THE HEELS OF BROAD ARROW'S SUCCESSFUL FIRST EUROPEAN AUCTION AT THE CONCORSO D'ELEGANZA VILLA D'ESTE IN PARTNERSHIP WITH BMW AG AUCTION SET FOR 10 OCTOBER IN COLLABORATION WITH ZOUTE GRAND PRIX CAR WEEK | NEW SALE ANNOUNCED ON THE HEELS OF BROAD ARROW'S SUCCESSFUL FIRST EUROPEAN AUCTION AT THE CONCORSO D'ELEGANZA VILLA D'ESTE IN PARTNERSHIP WITH BMW AG
Positive
Seeking Alpha
2 weeks ago
Hagerty: Almost Certain To Dominate Their Niche
Hagerty's underwriting expertise in the car enthusiast niche drives superior economics, with loss ratios far better than industry averages and high customer retention. The company's capital-light, commission-based model, strong brand, and partnerships with insurers like Markel and State Farm support robust, sustainable growth. Valuation is attractive: despite significant growth since its IPO, Hagerty's EV/EBITDA multiple has compressed, making shares compelling for long-term investors.
Neutral
GlobeNewsWire
2 weeks ago
1948 FERRARI 166 SPYDER CORSA SETS NEW AUCTION RECORD AT BROAD ARROW'S INAUGURAL CONCORSO D'ELEGANZA VILLA D'ESTE AUCTION SELLING FOR €7.54 MILLION
Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, is celebrating the success of its first European sale as the official auction partner of BMW AG after presenting over 70 of the world's finest cars, boats and motorcycles at the prestigious Concorso d'Eleganza Villa D'Este.
Neutral
PRNewsWire
1 month ago
California Mille Returns to Northern California with Exclusive Tour of Golden State's Most Scenic Roads
TRAVERSE CITY, Mich. , May 9, 2025 /PRNewswire/ -- The California Mille, a 1,000-mile driving adventure through Northern California's best driving roads, celebrated its 34th running April 27th to May 1st.
Neutral
Seeking Alpha
1 month ago
Hagerty, Inc. (HGTY) Q1 2025 Earnings Call Transcript
Hagerty, Inc. (NYSE:HGTY ) Q1 2025 Earnings Conference Call May 7, 2025 10:00 AM ET Company Participants Jay Koval - Senior Vice President-Investor Relations McKeel Hagerty - Chairman & Chief Executive Officer Patrick McClymont - Chief Financial Officer Conference Call Participants Pablo Singzon - JPMorgan Mark Hughes - Truist Securities Operator Greetings, and welcome to the Hagerty First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.
Neutral
GlobeNewsWire
1 month ago
HENRY CATCHPOLE TAKES TO THE TRACK IN RARE HONDA NSX-R IN SWEDEN AHEAD OF BROAD ARROW'S FIRST EUROPEAN AUCTION
HIGHLY COLLECTIBLE NSX-R TO FEATURE IN INAUGURAL BROAD ARROW CONCORSO D'ELEGANZA VILLA D'ESTE AUCTION ON 24-25 MAY HIGHLY COLLECTIBLE NSX-R TO FEATURE IN INAUGURAL BROAD ARROW CONCORSO D'ELEGANZA VILLA D'ESTE AUCTION ON 24-25 MAY
Positive
Zacks Investment Research
1 month ago
Hagerty, Inc. (HGTY) Q1 Earnings and Revenues Surpass Estimates
Hagerty, Inc. (HGTY) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.04 per share a year ago.
Neutral
PRNewsWire
1 month ago
Hagerty Reports First Quarter 2025 Results; Reaffirms 2025 Outlook for Revenue and Profit Growth
First quarter 2025 Total Revenue increased 18% year-over-year to $319.6 million First quarter 2025 Written Premium increased 12% year-over-year to $244.3 million First quarter 2025 Marketplace revenue increased 176% year-over-year to $29.0 million First quarter 2025 Operating Income increased 110% year-over-year to $25.7 million First quarter 2025 Operating Income margin increased by 360 bps compared to the prior year period First quarter 2025 Net Income increased 233% year-over-year to $27.3 million First quarter 2025 Adjusted EBITDA increased 45% year-over-year to $39.6 million Reaffirmed 2025 Outlook for 12-13% Total Revenue growth, 30-40% Net Income growth and 21-29% Adjusted EBITDA growth TRAVERSE CITY, Mich. , May 7, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, announced today financial results for the three months ended March 31, 2025.
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