(HGTY) Hagerty - Overview

Sector: Financial Services | Industry: Insurance - Property & Casualty | Exchange: NYSE (USA) | Market Cap: 3.810m USD | Total Return: 24.4% in 12m

Vehicle Insurance, Memberships, Auctions, Reinsurance
Total Rating 56
Safety 30
Buy Signal -0.18
Insurance - Property & Casualty
Industry Rotation: -7.5
Market Cap: 3.81B
Avg Turnover: 2.11M USD
ATR: 3.70%
Peers RS (IBD): 38.0
Risk 5d forecast
Volatility31.3%
Rel. Tail Risk-8.04%
Reward TTM
Sharpe Ratio0.68
Alpha4.01
Character TTM
Beta0.558
Beta Downside0.738
Drawdowns 3y
Max DD31.07%
CAGR/Max DD0.26
EPS (Earnings per Share) EPS (Earnings per Share) of HGTY over the last years for every Quarter: "2021-03": 28.9425, "2021-06": -0.11, "2021-09": -0.6, "2021-12": -0.15, "2022-03": 0.08, "2022-06": -0.02, "2022-09": 0.07, "2022-12": -0.06, "2023-03": -0.03, "2023-06": 0.03, "2023-09": 0.04, "2023-12": 0.03, "2024-03": -0.04, "2024-06": 0.09, "2024-09": 0.05, "2024-12": 0.02, "2025-03": 0.08, "2025-06": 0.09, "2025-09": 0.11, "2025-12": 0.08,
EPS CAGR: 0.00%
EPS Trend: 49.4%
Last SUE: 0.30
Qual. Beats: 0
Revenue Revenue of HGTY over the last years for every Quarter: 2021-03: 117.607, 2021-06: 153.88, 2021-09: 154.887, 2021-12: 111.845, 2022-03: 183.279, 2022-06: 184.206, 2022-09: 204.527, 2022-12: 201.033, 2023-03: 217.837, 2023-06: 259.49, 2023-09: 276.424, 2023-12: 258.005, 2024-03: 265.567999, 2024-06: 311.284, 2024-09: 322.911, 2024-12: 291.731, 2025-03: 319.593, 2025-06: 368.699, 2025-09: 379.994, 2025-12: 357.326,
Rev. CAGR: 19.49%
Rev. Trend: 96.5%
Last SUE: 4.00
Qual. Beats: 4

Warnings

Share dilution 289.9% YoY - potential capital distress

Tailwinds

Garp

Description: HGTY Hagerty

Hagerty, Inc. (HGTY) provides insurance for collector and enthusiast vehicles across the US, Canada, and the UK. The company operates in the Property & Casualty Insurance sub-industry, which focuses on protecting tangible assets and liabilities.

HGTY functions as a managing general agent, underwriting and servicing insurance policies. It also offers Hagerty Drivers Club memberships, bundling benefits like roadside assistance, exclusive event access, and vehicle valuation tools. This membership model is common in niche insurance markets, enhancing customer loyalty and providing additional revenue streams.

Beyond insurance, Hagerty provides marketplace services including live auctions, online sales platforms, and private sales brokerage for collector vehicles. This diversification into the automotive enthusiast market broadens its revenue base. Investors should consider further research on ValueRay for a deeper understanding of Hagertys financial performance and market position.

Headlines to Watch Out For
  • Collector vehicle insurance policy sales drive revenue growth
  • Membership subscriptions boost recurring service income
  • Reinsurance segment performance impacts underwriting profitability
  • Auction and marketplace transaction volumes affect service fees
  • Interest rate fluctuations influence investment income
Piotroski VR‑10 (Strict) 5.0
Net Income: 49.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.09 > 0.02 and ΔFCF/TA 0.28 > 1.0
NWC/Revenue: -48.12% < 20% (prev -27.90%; Δ -20.22% < -1%)
CFO/TA 0.11 > 3% & CFO 219.0m > Net Income 49.0m
Net Debt (-66.4m) to EBITDA (176.7m): -0.38 < 3
Current Ratio: 0.43 > 1.5 & < 3
Outstanding Shares: last quarter (347.0m) vs 12m ago 285.4% < -2%
Gross Margin: 79.98% > 18% (prev 0.75%; Δ 7.92k% > 0.5%)
Asset Turnover: 75.40% > 50% (prev 69.70%; Δ 5.70% > 0%)
Interest Coverage Ratio: 2.26 > 6 (EBITDA TTM 176.7m / Interest Expense TTM 61.7m)
Altman Z'' -2.63
A: -0.33 (Total Current Assets 523.7m - Total Current Liabilities 1.21b) / Total Assets 2.07b
B: -0.19 (Retained Earnings -403.0m / Total Assets 2.07b)
C: 0.07 (EBIT TTM 139.2m / Avg Total Assets 1.89b)
D: -0.30 (Book Value of Equity -401.7m / Total Liabilities 1.32b)
Altman-Z'' Score: -2.63 = D
Beneish M -3.24
DSRI: 0.59 (Receivables 224.7m/315.9m, Revenue 1.43b/1.19b)
GMI: 0.94 (GM 79.98% / 74.94%)
AQI: 1.20 (AQ_t 0.72 / AQ_t-1 0.60)
SGI: 1.20 (Revenue 1.43b / 1.19b)
TATA: -0.08 (NI 49.0m - CFO 219.0m) / TA 2.07b)
Beneish M-Score: -3.24 (Cap -4..+1) = AA
What is the price of HGTY shares? As of April 15, 2026, the stock is trading at USD 10.92 with a total of 121,035 shares traded.
Over the past week, the price has changed by -1.44%, over one month by +5.51%, over three months by -13.74% and over the past year by +24.37%.
Is HGTY a buy, sell or hold? Hagerty has received a consensus analysts rating of 2.67. Therefor, it is recommend to hold HGTY.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 2
  • Sell: 1
  • StrongSell: 0
What are the forecasts/targets for the HGTY price?
Analysts Target Price 13.6 24.3%
Hagerty (HGTY) - Fundamental Data Overview as of 12 April 2026
P/E Trailing = 30.0541
P/E Forward = 21.978
P/S = 2.616
P/B = 5.0781
P/EG = 0.234
Revenue TTM = 1.43b USD
EBIT TTM = 139.2m USD
EBITDA TTM = 176.7m USD
Long Term Debt = 24.5m USD (from longTermDebt, last quarter)
Short Term Debt = 8.98m USD (from shortTermDebt, last quarter)
Debt = 232.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -66.4m USD (from netDebt column, last quarter)
Enterprise Value = 3.74b USD (3.81b + Debt 232.6m - CCE 299.0m)
Interest Coverage Ratio = 2.26 (Ebit TTM 139.2m / Interest Expense TTM 61.7m)
EV/FCF = 19.25x (Enterprise Value 3.74b / FCF TTM 194.5m)
FCF Yield = 5.19% (FCF TTM 194.5m / Enterprise Value 3.74b)
FCF Margin = 13.64% (FCF TTM 194.5m / Revenue TTM 1.43b)
Net Margin = 3.44% (Net Income TTM 49.0m / Revenue TTM 1.43b)
Gross Margin = 79.98% ((Revenue TTM 1.43b - Cost of Revenue TTM 285.4m) / Revenue TTM)
Gross Margin QoQ = 83.09% (prev 79.31%)
Tobins Q-Ratio = 1.81 (Enterprise Value 3.74b / Total Assets 2.07b)
Interest Expense / Debt = 15.07% (Interest Expense 35.0m / Debt 232.6m)
Taxrate = 28.06% (11.1m / 39.7m)
NOPAT = 100.1m (EBIT 139.2m * (1 - 28.06%))
Current Ratio = 0.43 (Total Current Assets 523.7m / Total Current Liabilities 1.21b)
Debt / Equity = 0.76 (Debt 232.6m / totalStockholderEquity, last quarter 307.9m)
Debt / EBITDA = -0.38 (Net Debt -66.4m / EBITDA 176.7m)
Debt / FCF = -0.34 (Net Debt -66.4m / FCF TTM 194.5m)
Total Stockholder Equity = 213.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.59% (Net Income 49.0m / Total Assets 2.07b)
RoE = 22.94% (Net Income TTM 49.0m / Total Stockholder Equity 213.7m)
RoCE = 58.42% (EBIT 139.2m / Capital Employed (Equity 213.7m + L.T.Debt 24.5m))
RoIC = 28.41% (NOPAT 100.1m / Invested Capital 352.4m)
WACC = 8.11% (E(3.81b)/V(4.04b) * Re(7.94%) + D(232.6m)/V(4.04b) * Rd(15.07%) * (1-Tc(0.28)))
Discount Rate = 7.94% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 1.02%
[DCF] Terminal Value 81.24% ; FCFF base≈178.9m ; Y1≈220.8m ; Y5≈376.6m
[DCF] Fair Price = 63.31 (EV 6.33b - Net Debt -66.4m = Equity 6.40b / Shares 101.1m; r=8.11% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 49.43 | EPS CAGR: 0.0% | SUE: 0.30 | # QB: 0
Revenue Correlation: 96.55 | Revenue CAGR: 19.49% | SUE: 4.0 | # QB: 4
EPS next Quarter (2026-06-30): EPS=0.07 | Chg7d=+0.000 | Chg30d=-0.026 | Revisions Net=-4 | Analysts=4
EPS current Year (2026-12-31): EPS=0.33 | Chg7d=+0.000 | Chg30d=-0.071 | Revisions Net=-4 | Growth EPS=-9.7% | Growth Revenue=-9.4%
EPS next Year (2027-12-31): EPS=0.59 | Chg7d=+0.000 | Chg30d=-0.008 | Revisions Net=-3 | Growth EPS=+77.2% | Growth Revenue=+18.6%
[Analyst] Revisions Ratio: -1.00 (0 Up / 4 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.6% (Discount Rate 7.9% - Earnings Yield 3.3%)
[Growth] Growth Spread = -20.1% (Analyst -15.5% - Implied 4.6%)
External Resources
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