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NYSE: HGTY
Hagerty Inc Stock

$9.62+0.32 (+3.44%)
Updated May 31, 2024
HGTY Price
$9.62
Fair Value Price
N/A
Market Cap
$3.24B
52 Week Low
$7.52
52 Week High
$9.81
P/E
53.44x
P/B
34.63x
P/S
0.74x
PEG
0.15x
Dividend Yield
N/A
Revenue
$1.05B
Earnings
$20.98M
Gross Margin
31.7%
Operating Margin
1.39%
Profit Margin
1.5%
Debt to Equity
11.38
Operating Cash Flow
$180M
Beta
0.67
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

HGTY Overview

Hagerty, Inc. is an automotive membership company. It also offers specialty insurance for classic vehicles. The company's membership offerings include Hagerty Drivers Club, Hagerty DriveShare, Hagerty Valuation Tools, Hagerty Media, Hagerty Drivers Club magazine, MotorsportReg, Hagerty Garage + Social, the Amelia Island Concours d'Elegance, the Concours d'Elegance of America, the Greenwich Concours d'Elegance, the California Mille and the Motorworks Revival. The company was founded in 1984 and is headquartered in Traverse City, MI.

Zen Score

–
Industry Average (33)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how HGTY scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

HGTY ($9.62) is trading below its intrinsic value of $23.95, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
HGTY is poor value based on its earnings relative to its share price (53.44x), compared to the US market average (28.44x)
P/E vs Market Valuation
HGTY is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 30 more HGTY due diligence checks available for Premium users.

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HGTY News

Valuation

HGTY price to earnings (PE)

For valuing profitable companies with steady earnings
Company
53.44x
Industry
17.39x
Market
28.44x
HGTY is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
HGTY is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

HGTY price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
34.63x
Industry
2.21x
HGTY is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

HGTY price to earnings growth (PEG)

For valuing profitable companies with growth potential
HGTY is good value based... subscribe to Premium to read more.
PEG Value Valuation

HGTY's financial health

Profit margin

Revenue
$271.7M
Net Income
-$1.4M
Profit Margin
-1.2%
HGTY's Earnings (EBIT) of $14.62M... subscribe to Premium to read more.
Interest Coverage Financials
HGTY's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.6B
Liabilities
$1.1B
Debt to equity
11.38
HGTY's short-term assets ($1.24B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
HGTY's short-term assets ($1.24B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
HGTY's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$58.2M
Investing
-$18.3M
Financing
-$37.2M
HGTY's operating cash flow ($180.22M)... subscribe to Premium to read more.
Debt Coverage Financials

HGTY vs Property & Casualty Insurance Stocks

TickerMarket Cap1d %P/EP/B
HGTY$3.24B+3.44%53.44x34.63x
MCY$3.09B-0.29%14.35x1.93x
KMPR$3.85B+1.94%-31.66x1.49x
PLMR$2.11B-0.19%23.83x4.22x
WTM$4.64B+1.97%8.18x1.04x

Hagerty Stock FAQ

What is Hagerty's quote symbol?

(NYSE: HGTY) Hagerty trades on the NYSE under the ticker symbol HGTY. Hagerty stock quotes can also be displayed as NYSE: HGTY.

If you're new to stock investing, here's how to buy Hagerty stock.

What is the 52 week high and low for Hagerty (NYSE: HGTY)?

(NYSE: HGTY) Hagerty's 52-week high was $9.81, and its 52-week low was $7.52. It is currently -1.94% from its 52-week high and 27.93% from its 52-week low.

How much is Hagerty stock worth today?

(NYSE: HGTY) Hagerty currently has 336,737,192 outstanding shares. With Hagerty stock trading at $9.62 per share, the total value of Hagerty stock (market capitalization) is $3.24B.

Hagerty stock was originally listed at a price of $9.99 in Apr 9, 2021. If you had invested in Hagerty stock at $9.99, your return over the last 3 years would have been -3.7%, for an annualized return of -1.25% (not including any dividends or dividend reinvestments).

How much is Hagerty's stock price per share?

(NYSE: HGTY) Hagerty stock price per share is $9.62 today (as of May 31, 2024).

What is Hagerty's Market Cap?

(NYSE: HGTY) Hagerty's market cap is $3.24B, as of Jun 2, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Hagerty's market cap is calculated by multiplying HGTY's current stock price of $9.62 by HGTY's total outstanding shares of 336,737,192.
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