Hagerty, Inc.
General ticker "HGTY" information:
- Sector: Financials
- Industry: Insurance - Property & Casualty
- Capitalization: $941.3M (TTM average)
Hagerty, Inc. follows the US Stock Market performance with the rate: 58.8%.
Estimated limits based on current volatility of 1.2%: low 12.58$, high 12.88$
Factors to consider:
- Total employees count: 1744 (+0.7%) as of 2024
- US accounted for 29.4% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Recruitment and retention, Dependence on insurance partners, Cybersecurity threats, Skilled management and culture, Acquisition/divestiture risks
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [10.09$, 15.02$]
- 2025-12-31 to 2026-12-31 estimated range: [11.21$, 16.57$]
Financial Metrics affecting the HGTY estimates:
- Positive: with PPE of 50.5 at the end of fiscal year the price was low
- Positive: -5.02 < Operating profit margin, % of 5.53
- Positive: Operating cash flow per share per price, % of 20.03 > 12.91
- Positive: Industry operating cash flow per share per price (median), % of 18.28 > 10.14
- Negative: Shareholder equity ratio, % of 8.79 <= 19.35
- Positive: Industry operating profit margin (median), % of 13.31 > 9.53
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: Inventory ratio change, % of 0.36 <= 0.82
Short-term HGTY quotes
Long-term HGTY plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $787.59MM | $996.20MM | $1,200.12MM |
| Operating Expenses | $855.15MM | $985.79MM | $1,133.71MM |
| Operating Income | $-67.57MM | $10.41MM | $66.42MM |
| Non-Operating Income | $78.66MM | $34.36MM | $27.26MM |
| Income(Loss) | $11.10MM | $44.77MM | $93.68MM |
| Taxes | $7.02MM | $16.59MM | $15.38MM |
| Other Income(Loss) | $-1.68MM | $0.00MM | $0.00MM |
| Profit(Loss)* | $32.08MM | $20.23MM | $17.02MM |
| Stockholders Equity | $59.25MM | $92.70MM | $150.32MM |
| Assets | $1,312.52MM | $1,588.21MM | $1,709.34MM |
| Operating Cash Flow | $55.33MM | $133.71MM | $177.02MM |
| Capital expenditure | $44.38MM | $26.40MM | $21.34MM |
| Investing Cash Flow | $-91.52MM | $-52.65MM | $-618.56MM |
| Financing Cash Flow | $-28.08MM | $103.16MM | $-46.92MM |
| Earnings Per Share** | $0.39 | $0.24 | $0.19 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.