(HGTY) Hagerty - Ratings and Ratios
Car Insurance, Memberships, Marketplace
HGTY EPS (Earnings per Share)
HGTY Revenue
Description: HGTY Hagerty
Hagerty Inc (NYSE:HGTY) is a specialized insurance provider catering to the niche market of collector cars and enthusiast vehicles in the United States. The companys core business involves underwriting, selling, and servicing insurance policies for these unique vehicles, setting it apart from general insurance providers.
Beyond insurance, Hagerty offers a suite of services through its Hagerty Drivers Club membership, which is often bundled with insurance policies. This membership provides subscribers with a range of benefits, including emergency roadside assistance, access to the Hagerty Drivers Club magazine, invitations to automotive enthusiast events, a proprietary vehicle valuation tool, and discounts on vehicle-related services. This diversified offering enhances customer engagement and loyalty.
The companys business model is further complemented by a marketplace that supports its insurance and membership offerings, potentially generating additional revenue streams. With its headquarters in Traverse City, Michigan, Hagerty has established itself as a significant player in the collector car insurance market.
From a financial perspective, key performance indicators (KPIs) such as revenue growth, insurance policy retention rates, and the number of Hagerty Drivers Club members are crucial. The companys ability to maintain a competitive edge in the niche insurance market, while expanding its membership and marketplace offerings, will be vital for its long-term success. Additionally, metrics like the loss ratio, expense ratio, and combined ratio will be important in assessing Hagertys underwriting performance and operational efficiency.
With a market capitalization of approximately $3.47 billion and a return on equity (RoE) of 16.79%, Hagerty demonstrates a considerable presence in the property and casualty insurance sub-industry. The companys price-to-earnings (P/E) ratio of 48.38 suggests that investors have high expectations for its future growth, underscoring the importance of continued strong financial performance and strategic expansion of its services.
HGTY Stock Overview
| Market Cap in USD | 4,385m |
| Sub-Industry | Property & Casualty Insurance |
| IPO / Inception | 2021-06-01 |
HGTY Stock Ratings
| Growth Rating | 17.9% |
| Fundamental | 82.9% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -1.39% |
| Analyst Rating | 2.67 of 5 |
HGTY Dividends
Currently no dividends paidHGTY Growth Ratios
| Growth Correlation 3m | 87.6% |
| Growth Correlation 12m | -13.1% |
| Growth Correlation 5y | -12.8% |
| CAGR 5y | 8.96% |
| CAGR/Max DD 3y | 0.29 |
| CAGR/Mean DD 3y | 0.63 |
| Sharpe Ratio 12m | -0.12 |
| Alpha | 0.21 |
| Beta | 0.488 |
| Volatility | 33.41% |
| Current Volume | 227.7k |
| Average Volume 20d | 162.4k |
| Stop Loss | 12.5 (-4%) |
| Signal | 1.86 |
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (75.9m TTM) > 0 and > 6% of Revenue (6% = 78.7m TTM) |
| FCFTA 0.06 (>2.0%) and ΔFCFTA -3.65pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 5.11% (prev 25.41%; Δ -20.30pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 152.5m > Net Income 75.9m (YES >=105%, WARN >=100%) |
| Net Debt (54.0m) to EBITDA (160.3m) ratio: 0.34 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.06 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (90.7m) change vs 12m ago 5.85% (target <= -2.0% for YES) |
| Gross Margin 80.52% (prev 68.70%; Δ 11.82pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 69.57% (prev 64.25%; Δ 5.32pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 4.09 (EBITDA TTM 160.3m / Interest Expense TTM 30.2m) >= 6 (WARN >= 3) |
Altman Z'' -0.35
| (A) 0.03 = (Total Current Assets 1.21b - Total Current Liabilities 1.15b) / Total Assets 2.04b |
| (B) -0.21 = Retained Earnings (Balance) -432.6m / Total Assets 2.04b |
| (C) 0.07 = EBIT TTM 123.7m / Avg Total Assets 1.89b |
| (D) -0.30 = Book Value of Equity -432.3m / Total Liabilities 1.46b |
| Total Rating: -0.35 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 82.93
| 1. Piotroski 5.50pt = 0.50 |
| 2. FCF Yield 3.07% = 1.54 |
| 3. FCF Margin 10.03% = 2.51 |
| 4. Debt/Equity 0.89 = 2.12 |
| 5. Debt/Ebitda 0.96 = 1.83 |
| 6. ROIC - WACC (= 28.39)% = 12.50 |
| 7. RoE 47.89% = 2.50 |
| 8. Rev. Trend 92.65% = 6.95 |
| 9. EPS Trend 49.78% = 2.49 |
What is the price of HGTY shares?
Over the past week, the price has changed by +4.41%, over one month by +18.47%, over three months by +36.34% and over the past year by +16.88%.
Is Hagerty a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HGTY is around 11.62 USD . This means that HGTY is currently overvalued and has a potential downside of -10.75%.
Is HGTY a buy, sell or hold?
- Strong Buy: 0
- Buy: 0
- Hold: 2
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the HGTY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 12 | -7.8% |
| Analysts Target Price | 12 | -7.8% |
| ValueRay Target Price | 12.9 | -1.2% |
Last update: 2025-09-16 04:35
HGTY Fundamental Data Overview
CCE Cash And Equivalents = 259.6m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 62.6
P/S = 3.3641
P/B = 7.208
Beta = 0.915
Revenue TTM = 1.31b USD
EBIT TTM = 123.7m USD
EBITDA TTM = 160.3m USD
Long Term Debt = 25.1m USD (from longTermDebt, last quarter)
Short Term Debt = 128.3m USD (from shortTermDebt, last quarter)
Debt = 153.4m USD (Calculated: Short Term 128.3m + Long Term 25.1m)
Net Debt = 54.0m USD (from netDebt column, last quarter)
Enterprise Value = 4.28b USD (4.38b + Debt 153.4m - CCE 259.6m)
Interest Coverage Ratio = 4.09 (Ebit TTM 123.7m / Interest Expense TTM 30.2m)
FCF Yield = 3.07% (FCF TTM 131.5m / Enterprise Value 4.28b)
FCF Margin = 10.03% (FCF TTM 131.5m / Revenue TTM 1.31b)
Net Margin = 5.79% (Net Income TTM 75.9m / Revenue TTM 1.31b)
Gross Margin = 80.52% ((Revenue TTM 1.31b - Cost of Revenue TTM 255.4m) / Revenue TTM)
Tobins Q-Ratio = -9.90 (set to none) (Enterprise Value 4.28b / Book Value Of Equity -432.3m)
Interest Expense / Debt = 3.69% (Interest Expense 5.66m / Debt 153.4m)
Taxrate = 16.42% (15.4m / 93.7m)
NOPAT = 103.4m (EBIT 123.7m * (1 - 16.42%))
Current Ratio = 1.06 (Total Current Assets 1.21b / Total Current Liabilities 1.15b)
Debt / Equity = 0.89 (Debt 153.4m / last Quarter total Stockholder Equity 172.3m)
Debt / EBITDA = 0.96 (Net Debt 54.0m / EBITDA 160.3m)
Debt / FCF = 1.17 (Debt 153.4m / FCF TTM 131.5m)
Total Stockholder Equity = 158.5m (last 4 quarters mean)
RoA = 3.72% (Net Income 75.9m, Total Assets 2.04b )
RoE = 47.89% (Net Income TTM 75.9m / Total Stockholder Equity 158.5m)
RoCE = 67.39% (Ebit 123.7m / (Equity 158.5m + L.T.Debt 25.1m))
RoIC = 36.04% (NOPAT 103.4m / Invested Capital 286.9m)
WACC = 7.65% (E(4.38b)/V(4.54b) * Re(7.81%)) + (D(153.4m)/V(4.54b) * Rd(3.69%) * (1-Tc(0.16)))
Shares Correlation 3-Years: 13.96 | Cagr: 0.68%
Discount Rate = 7.81% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 79.19% ; FCFE base≈148.7m ; Y1≈158.5m ; Y5≈191.0m
Fair Price DCF = 33.67 (DCF Value 3.34b / Shares Outstanding 99.2m; 5y FCF grow 7.29% → 3.0% )
EPS Correlation: 49.78 | EPS CAGR: 9.57% | SUE: -0.13 | # QB: 0
Revenue Correlation: 92.65 | Revenue CAGR: 19.03% | SUE: N/A | # QB: None
Additional Sources for HGTY Stock
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Fund Manager Positions: Dataroma | Stockcircle