HGTY · NYSE · Insurance - Property & Casualty

Hagerty

Collector-vehicle insurance, membership, and services for automotive enthusiasts.

$13.42
After-hours close0.00 (0.00%)
At close$13.42(+0.75%)
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Profile

Hagerty, Inc.HGTYFinancials

Specialty insurance for collector vehicles anchors membership, media, events, valuation tools, and marketplace services. The company combines insurance distribution, risk management and reinsurance with subscription offerings and first-party data for automotive enthusiasts.

Collector-vehicle insurance anchors an automotive-enthusiast platform built around membership, media, events, valuation tools, and marketplace services. The model combines insurance distribution, risk management, and reinsurance with subscription and membership offerings and first-party data.

Broad Arrow extends the relationship beyond insurance into collector-car transactions, supporting buying, selling, and financing.

Founded in 1984 through collector wooden-boat insurance, the business later expanded into classic cars and remains founder-family led from Traverse City. Its purpose centers on saving driving and preserving car culture; the announced Bennetts acquisition remains subject to regulatory approval and closing.

Company facts

CEOMcKeel O. Hagerty
ListedDec 3, 2021
ExchangeNYSE
HeadquartersTraverse City, MI
CountryUnited States
Employees1,700
CIK0001840776
ISINUS4051661092

Key statistics

Market cap$4.61B
EPS (ttm)$0.0983
P/E (ttm)136.52
ROE9.8%
P/B4.53
P/S3.28
Dividend yield
Beta0.08vs XLF 0.99

Year to date +2.1% · Average volume (30d) 140.7K

Analysts

Price target, next 12 months$14.00+4.3%Median of 5 analysts · vs the Aug 28 close
ConsensusHold1 of 5 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingTarget
Jun 10, 2026UBSTarget$14
Oct 3, 2025Wells FargoTarget$13
Oct 1, 2025JMP SecuritiesTarget$15
Sep 17, 2025OppenheimerTarget$15
Dec 26, 2024Raymond JamesDowngradeMarket PerformUnderperform

Earnings

EPS

Estimate$0.01
ReportedDue Nov 4, 2026

Revenue

Estimate$338.8M
ReportedDue Nov 4, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 5, 2026Q2 FY26−$0.09−$0.02+76.9%$316.2M$354.8M+12.2%+15.36%
May 6, 2026Q1 FY26$0.01−$0.04−500.0%$284.9M$311.8M+9.5%+2.28%
Feb 26, 2026Q4 FY25$0.04$0.08+100.0%$311.6M$357.3M+14.7%−2.89%
Nov 4, 2025Q3 FY25$0.09$0.13+44.4%$323.5M$380.0M+17.5%+2.15%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$319.6M$368.7M$380.0M$357.3M$311.8M$354.8M
Gross profit$171.1M$293.5M$301.4M$296.9M$213.9M$244.1M
Operating income$32.8M$53.4M$13.3M$39.7M−$20.9M$2.2M
Net income$8.4M$11.0M$20.8M$8.8M−$4.5M$280.0K
Diluted EPS$0.07$0.09$0.11$0.06−$0.06−$0.02
Gross margin53.5%79.6%79.3%83.1%68.6%68.8%
Operating margin10.3%14.5%3.5%11.1%-6.7%0.6%

Fiscal years (4-quarter sums)FY21 $538.2M · FY22 $773.0M · FY23 $1.01B · FY24 $1.19B · FY25 $1.43B

Revenue by product · Q2 FY26

Commission Revenue And Fee Revenue$23.7M · 53%
Membership And Other Revenue$21.4M · 47%

Revenue by geography · Q2 FY26

Non-US$33.2M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.17B · Total debt $262.7M · Total assets $2.15B · Shareholders' equity $300.5M

Dividends

No dividends on record.

Ownership

Institutions 27.09%93.02M sharesInsiders 1.00%3.44M sharesOther 71.91%246.90M shares

Shares outstanding 343.35M · Float 318.86M · 92.9% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Hagerty Holding Corp. · 10 percent owner166.55M48.51%Form 4Aug 15, 2025
State Farm Mutual Automobile Insurance Co51.80M15.09%13FAug 12, 2026
Neuberger Berman Group LLC9.53M2.78%13FAug 13, 2026
T. Rowe Price Investment Management, Inc.6.09M1.77%13FAug 14, 2026
Polar Capital Holdings PLC6.00M1.75%13FAug 14, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 2, 2026Kevin M. Delaneyofficer: Chief Accounting Officer−3,113$12.25
Jul 1, 2026Kevin M. Delaneyofficer: Chief Accounting Officer−9,440$12.10
Jun 30, 2026Kevin M. Delaneyofficer: Chief Accounting Officer−905$12.01
May 15, 2026Anthony J. Kuczinskidirector+9,500$10.46
Apr 7, 2026Laurie Harrisdirector−5,531$11.01
View details

Peers

  • Chubb

    High-value classic-car insurance with agreed-value and repair coverage.

  • Travelers

    Classic-car insurance for vintage, antique, and collector vehicles.

  • Cars.com

    Automotive marketplace competing for consumer audience and listings.

CompareAfter-hours close

CompanyPriceChange
Hagerty$13.420.00%$4.61B136.534.93.3−3.8%
Chubb$340.37+0.13%$131.14B12.012.22.1−1.3%
Travelers$372.15+0.62%$77.15B9.912.41.6−4.8%
Cars.com$11.71−1.92%$667.5M20.84.90.9+0.7%
Median12.012.21.6−1.3%