Hagerty

Hagerty, Inc. engages in the provision of automotive insurance services. It offers insurance for classic and enthusiast vehicles. The company is headquartered in Traverse City, MI.

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q1 2024

HGTY reports strong Q1 earnings, addresses challenges, and highlights growth opportunities

HGTY's Q1 2023 earnings call showcased robust financial performance, with strong revenue gains and improved EBITDA. While facing challenges in integration and stability, the company's focus on growth and engagement with investors presents promising opportunities for the future.

HGTY reports robust Q2 performance and secures strategic partnership

HGTY reports strong Q2 performance with robust top-line momentum, significant profitability, and upgraded full-year outlook. The company's commercial partnership with State Farm and successful fundraising efforts demonstrate financial strength. However, challenges lie in the outlook for total revenue growth and net income. Opportunities exist in the expansion of policies under the State Farm agreement and addressing various financial and operational topics discussed in the Q&A session.

HGTY reports robust Q3 earnings, eyes sustained growth opportunities

HGTY's Q3 2023 performance reflects strong revenue growth and improved EBITDA. The company is well-positioned for continued investment and growth, but must navigate the challenges of transitioning to a full-stack insurer and the uncertainty of its marketplace.

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TRAVERSE CITY, Mich. , April 23, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its first quarter 2024 financial results before the market opens on Tuesday, May 7, 2024.

Hagerty to Report First Quarter 2024 Results and Host Conference Call on Tuesday, May 7, 2024

Supporting the community known for killer cars and fly attire, Mobil 1 Totally RAD Live features concert series, awesome cars, and fashion of the '80s and '90s plus new awards TRAVERSE CITY, Mich. , April 22, 2024 /PRNewswire/ -- RADwood, the original automotive lifestyle event celebrating the '80s and '90s, is getting radder thanks to its newest title sponsor, Mobil 1, the world's leading synthetic motor oil.

Mobil 1™ Announced as Title Sponsor of RADwood 2024 and New Mobil 1 Totally RAD Live Festival Experience

Hagerty (HGTY) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Hagerty (HGTY): Can Its 5.8% Jump Turn into More Strength?

TRAVERSE CITY, Mich. , March 27, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, is celebrating its 40th anniversary this year with the launch of a year-long creative campaign titled "Keepers of the Flame.

Hagerty Celebrates 40 Years of Cars, Culture and Community with "Keepers of the Flame" Campaign Honoring Car Love

Hagerty, Inc. (HGTY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Hagerty, Inc. (HGTY) Might be Well Poised for a Surge

Hagerty, Inc. (HGTY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Hagerty, Inc. (HGTY) Rating Upgrade to Buy

Hagerty Inc. (HGTY) Q4 2023 Earnings Call Transcript

Fourth quarter 2023 Total Revenue increased 24% to $245.0 million, and full year 2023 Total Revenue increased 27% to $1.0 billion compared to the prior year periods. Fourth quarter 2023 Written Premium increased 19% to $192.9 million, and full year 2023 Written Premium increased 17% to $907.2 million compared to the prior year periods.

Hagerty Reports 2023 Results; Expects Strong Growth and Margin Expansion to Continue in 2024

A record 27,000 automotive enthusiasts celebrated car culture over four day motoring event AMELIA ISLAND, Fla., March 4, 2024 /PRNewswire/ -- A 1962 Ferrari 250 GTO was crowned Best in Show, Concours de Sport while a 1947 Delahaye 135MS Narval Cariolet took home Best in Show, Concours d'Elegance at the 29th annual Amelia Island Concours d'Elegance.

1962 Ferrari 250 GTO and 1947 Delahaye 135MS Narval Cabriolet Named Best in Show at The Amelia

TRAVERSE CITY, Mich. , Feb. 27, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and a leading specialty insurance provider, today announced it will report its fourth quarter 2023 financial results before the market opens on Tuesday, March 12, 2024.

Hagerty to Report Fourth Quarter 2023 Results and Host Conference Call on Tuesday, March 12, 2024

Hagerty: An Overlooked, Fast Growing Niche Insurance Stock

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Credit Ratings (ratings) of Hagerty Reinsurance Limited (Hagerty Re) (Hamilton, Bermuda) remain unchanged following the announcement that Hagerty Insurance Holdings has entered into a stock purchase agreement with Everspan Insurance Company (Everspan) to acquire all the issued and outstanding capital stock of Consolidated National Insurance Company. Hagerty, Inc. [NYSE: HGTY], the ultimate parent of Hagerty Re, announced its intenti.

AM Best Comments on Credit Ratings of Hagerty Reinsurance Limited Following Consolidated National Insurance Company Acquisition Announcement

Hagerty, Inc. (HGTY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Hagerty, Inc. (HGTY) Beat Estimates Again in Its Next Earnings Report?

TRAVERSE CITY, Mich. , Jan. 18, 2024 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive enthusiast brand and leading specialty vehicle insurance provider, has named Arjun H.

Hagerty names Arjun H. Chowdri as Senior Vice President of Membership & Retention

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Some industries refuse to change and invest in innovative technologies; it is sometimes valuable and helpful to adopt the 'If it's not broke, don't fix it' mentality; however, sometimes, it can severely limit the growth and competitiveness a business can retain. Car insurance is one such industry.

Hagerty is the insurance play attracting J.P. Morgan analysts

TRAVERSE CITY, Mich. , Jan. 9, 2024 /PRNewswire/ -- Hagerty (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurer, today announced the launch of Hagerty Media content and livestreams to millions of Samsung TV Plus users in the U.S. Samsung TV Plus is a leader in free ad-supported streaming TV (FAST) and video-on-demand (AVOD), with more than 330 channels in the U.S. and over 2,500 channels available globally in 24 countries.

Hagerty launches channel on Samsung TV Plus featuring hundreds of hours of free, premium automotive content

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TRAVERSE CITY, Mich., Dec. 11, 2023 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, announced today its 2024 U.S. Bull Market list, an annual selection of wide-ranging enthusiast vehicles best poised to increase in value over the next year.

The 10 Collector Cars to Watch Next Year: Hagerty Announces 2024 Bull Market List

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Suddenly markets are betting on Hagerty, AutoZone after UAW

TRAVERSE CITY, Mich. , Dec. 4, 2023 /PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) an automotive enthusiast brand and leading specialty vehicle insurance provider, has named Gary Chard as its new Senior Vice President of Marketplace Operations.

Hagerty names Gary Chard as new Senior Vice President of Marketplace Operations

Concours Vehicle Classes also announced ahead of the February 29 – March 3 event 14-time NASCAR Cup Series champion, owner of Hendrick Motorsports and Chairman/CEO of Hendrick Automotive Group Rick Hendrick named Honoree at The Amelia Guests can expect a special display of vehicles from Hendrick's collection including the Garage 56 Chevrolet Camaro ZL1 that was prepared for the 2023 24 Hours of Le Mans Special concours classes include Japanese performance cars of the 90s, Porsche: 911 The Original Owners Club, Cars of Pike's Peak, Bugatti Type 57 as well as two classes featuring Ferrari 250 Competition and Grand Touring Cars The Amelia takes place at The Ritz Carlton, Amelia Island from Thursday, February 29 to Sunday, March 3, 2024 TRAVERSE CITY, Mich. , Nov. 20, 2023 /PRNewswire/ -- The Amelia, a leading global Concours weekend known for its racing roots and luxurious setting at the beautiful Ritz Carlton Amelia Island, today announced Rick Hendrick as Honoree at The Amelia in 2024, continuing the longstanding tradition of the event as "the racers concours.

Rick Hendrick Named Honoree at The Amelia in 2024

Hagerty, Inc. (HGTY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Hagerty, Inc. (HGTY) Upgraded to Strong Buy: What Does It Mean for the Stock?

Hagerty, Inc. (HGTY) Q3 2023 Earnings Call Transcript

Hagerty, Inc. (HGTY) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.06 per share a year ago.

News for Hagerty Stock (HGTY)