Hagerty, Inc. (HGTY)

11.66 0.22 (1.92%)

As of 2025-10-16 17:24:36 EST

Hagerty, Inc. is an American automotive lifestyle and membership company, as well as the world's largest provider of specialty insurance for classic vehicles. Hagerty is based in Traverse City, Michigan and also operates in Canada, Germany and the United Kingdom.

Traded asNYSE: HGTY
ISINUS4051661092
CIK0001840776
LEI
EIN
SectorInsurance
IndustryInsurance Agents, Brokers & Service
CEO
Employees
Fiscal Year End1231
Address121 DRIVERS EDGE, TRAVERSE CITY, MI, 49684
Phone800-922-4050
Websitehttp://www.hagerty.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
HGTYHagerty, Inc.2025-10-16 17:24:3611.660.221.92
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
HGTY0001840776Hagerty, Inc.US4051661092NYSE6411Insurance Agents, Brokers & Service1231DE121 DRIVERS EDGETRAVERSE CITYMI49684UNITED STATESUS800-922-4050121 DRIVERS EDGE, TRAVERSE CITY, MI, 49684121 DRIVERS EDGE, TRAVERSE CITY, MI, 49684Aldel Financial Inc.Insurance1984http://www.hagerty.com296,600,0002,875,000Hagerty, Inc. is an American automotive lifestyle and membership company, as well as the world's largest provider of specialty insurance for classic vehicles. Hagerty is based in Traverse City, Michigan and also operates in Canada, Germany and the United Kingdom.2025-10-10 20:19:02
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HGTY Stock Price (End-of-Day)
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HGTY Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
2024296,600,00064,800,00027.9551
2023231,800,000-30,300,000-11.5605
2022262,100,000160,500,000157.9724
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Paul RehrigPresident2024625,625650,000812,5000139,0392,227,164
Mckeel HagertyCEO2024850,00101,700,000617,10139,8883,206,990
Patrick McclymontCFO2024575,00101,756,250521,81338,8902,891,954
Patrick McclymontCFO2023575,00101,006,250646,87637,8842,266,011
Mckeel HagertyCEO2023850,0010700,000765,00164,4752,379,477
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Employee Count
Fiscal YearEmployee Count
20241,744
20231,732
20221,874
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Income Statements
Fiscal Year202420232022
Revenue1,200,038,0001,000,213,000787,588,000
Cost Of Revenue
Gross Profit
Research And Development Expenses
General And Administrative Expenses82,504,00085,434,00089,068,000
Operating Expenses
Operating Income66,418,00010,408,000-67,566,000
Net Income78,303,00028,179,00032,078,000
Earnings Per Share Basic0.10.190.39
Earnings Per Share Diluted0.10.09-0.07
Weighted Average Shares Outstanding Basic87,529,00084,180,00082,728,000
Weighted Average Shares Outstanding Diluted88,504,000340,323,000336,147,000
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Balance Sheet Statements
Fiscal Year202420232022
Cash And Cash Equivalents104,784,000108,326,00095,172,000
Marketable Securities Current73,957,000
Accounts Receivable84,763,00071,530,00058,255,000
Inventories18,484,0005,038,000
Non Trade Receivables2,000,00035,896,00025,493,000
Other Assets Current90,779,00060,239,000
Total Assets Current858,405,0001,250,218,000936,783,000
Marketable Securities Non Current515,570,000
Property Plant And Equipment18,205,00020,764,00025,256,000
Other Assets Non Current56,888,00043,559,000375,735,000
Total Assets Non Current850,933,000337,994,000375,735,000
Total Assets1,709,338,0001,588,212,0001,312,518,000
Accounts Payable73,383,00087,175,00016,282,000
Deferred Revenue31,905,00030,316,00025,257,000
Short Term Debt792,0003,654,0000
Other Liabilities Current
Total Liabilities Current915,446,000842,299,000667,355,000
Long Term Debt104,968,000130,680,000108,280,000
Other Liabilities Non Current4,178,0004,139,0003,210,000
Total Liabilities Non Current185,723,000252,568,000277,794,000
Total Liabilities1,101,169,0001,094,867,000945,149,000
Common Stock9,0008,0008,000
Retained Earnings-451,978,000-468,995,000-489,602,000
Accumulated Other Comprehensive Income-1,514,000-88,000-213,000
Total Shareholders Equity150,322,00092,704,00059,252,000
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Cash Flow Statements
Fiscal Year202420232022
Depreciation And Amortization38,905,00045,809,00033,887,000
Share Based Compensation Expense17,357,00018,017,00012,129,000
Other Non Cash Income Expense-5,300,0001,459,000-533,000
Change In Accounts Receivable24,059,000
Change In Inventories13,482,000
Change In Non Trade Receivables8,047,000
Change In Other Assets
Change In Accounts Payable92,000-32,00010,834,000
Change In Other Liabilities65,593,0009,958,000
Cash From Operating Activities177,024,000133,706,00055,328,000
Purchases Of Marketable Securities
Sales Of Marketable Securities64,827,000
Acquisition Of Property Plant And Equipment21,344,00026,403,00044,375,000
Acquisition Of Business25,120,0008,683,00015,404,000
Other Investing Activities-979,000-121,000721,000
Cash From Investing Activities-618,564,000-52,647,000-91,521,000
Tax Withholding For Share Based Compensation5,836,000
Payments Of Dividends
Issuance Of Common Stock1,526,000
Repurchase Of Common Stock
Issuance Of Long Term Debt61,972,000161,547,00094,367,000
Repayment Of Long Term Debt90,775,000139,850,000122,500,000
Other Financing Activities0
Cash From Financing Activities-46,922,000103,161,000-28,084,000
Change In Cash-491,431,000185,085,000-64,781,000
Cash At End Of Period104,784,000108,326,00095,172,000
Income Taxes Paid17,866,00010,500,0005,253,000
Interest Paid8,613,0006,126,0004,868,000
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Key Metrics
Fiscal Year202420232022
Earnings Per Share0.10.190.39
Price To Earnings Ratio96.541.052621.5641
Earnings Growth Rate-47.3684-51.2821-169.6429
Price Earnings To Growth Ratio-2.0372-0.8005-0.1271
Book Value Per Share6.94825.86064.4407
Price To Book Ratio1.38881.33091.8939
Ebitda135,074,00084,488,00071,218,000
Enterprise Value845,630,850682,612,000708,850,480
Dividend Yield
Dividend Payout Ratio
Debt To Equity Ratio0.70361.44911.8274
Capital Expenditures36,346,00041,317,00030,780,000
Free Cash Flow140,678,00092,389,00024,548,000
Return On Equity0.52090.3040.5414
One Year Beta0.56120.46890.8957
Three Year Beta0.75630.69050.7516
Five Year Beta0.66950.69050.7516
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
KAUFFMAN ROBERT IDirector2025-10-1623,392D987,742
KAUFFMAN ROBERT IDirector2025-10-1512,391D1,011,134
KAUFFMAN ROBERT IDirector2025-10-1455,524D1,023,525
KAUFFMAN ROBERT IDirector2025-10-0822,629D1,079,049
KAUFFMAN ROBERT IDirector2025-10-076,861D1,101,678
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Blue Trust, Inc.2025-09-301,26410512.0381
TRUST CO OF VERMONT2025-09-3015,6521,30012.04
CONFLUENCE INVESTMENT MANAGEMENT LLC2025-09-303,040,522252,53512.04
Bay Harbor Wealth Management, LLC2025-09-3036312
OSAIC HOLDINGS, INC.2025-06-3050,0324,94910.1095
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
TRUST FOR PROFESSIONAL MANAGERS2025-08-31Column Small Cap FundCFSLX11,491131,571.950.0275
TRUST FOR PROFESSIONAL MANAGERS2025-08-31Column Small Cap Select FundCFSSX67,196769,394.20.0536
Advisors' Inner Circle Fund III2025-07-31I SharesKCXIX1431,452.880.0006
FIRST TRUST SERIES FUND2025-07-31Class IFOVIX49,276500,644.163.3407
FIRST TRUST SERIES FUND2025-07-31Class CFOVCX49,276500,644.163.3407
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