Charles Favour - Hagerty Chief Officer

HGTY Stock  USD 11.09  0.04  0.36%   

Executive

Charles Favour is Chief Officer of Hagerty
Address 121 Drivers Edge, Traverse City, MI, United States, 49684
Phone800 922 4050
Webhttps://www.hagerty.com

Hagerty Management Efficiency

The company has return on total asset (ROA) of 0.0197 % which means that it generated a profit of $0.0197 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1384 %, meaning that it created $0.1384 on every $100 dollars invested by stockholders. Hagerty's management efficiency ratios could be used to measure how well Hagerty manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Hagerty's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.01 in 2024, whereas Return On Capital Employed is likely to drop 0.01 in 2024. At this time, Hagerty's Net Tangible Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 354.9 M in 2024, whereas Total Assets are likely to drop slightly above 1.1 B in 2024.
Hagerty currently holds 181.14 M in liabilities with Debt to Equity (D/E) ratio of 0.3, which may suggest the company is not taking enough advantage from borrowing. Hagerty has a current ratio of 1.42, which is within standard range for the sector. Note, when we think about Hagerty's use of debt, we should always consider it together with its cash and equity.

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It offers automobile and boat insurance products and reinsurance products. In addition, it offers DriveShare, a peer-to-peer rental platform for collector and cool vehicles Motorsport Reg, a motorsport membership, licensing, and event online management system that automates event listings, registration, and payment processing for various motorsport events and Hagerty Garage Social, a platform that provides clubhouses and car storage facilities. Hagerty operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 1668 people. Hagerty (HGTY) is traded on New York Stock Exchange in USA. It is located in 121 Drivers Edge, Traverse City, MI, United States, 49684 and employs 1,726 people. Hagerty is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Hagerty Leadership Team

Elected by the shareholders, the Hagerty's board of directors comprises two types of representatives: Hagerty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hagerty. The board's role is to monitor Hagerty's management team and ensure that shareholders' interests are well served. Hagerty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hagerty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Diana Chafey, Chief Secretary
Daniel Ignoto, VP Partnerships
John Butcher, Pres Markets
Collette Champagne, Chief Officer
Chuck Favour, Chief Officer
Paul BA, Marketing Media
McKeel Hagerty, CEO Director
Shoba Menon, Senior Talent
Frederick Turcotte, Special Advisor
Soon Hagerty, VP Brand
Larry Webster, Senior Media
Charles Favour, Chief Officer
Jason Koval, Senior Communications
Kenneth Ahn, President Radius
Patrick McClymont, Chief Officer
Russell Page, Chief Officer
Barbara Matthews, Gen VP
Kevin Delaney, Chief Officer

Hagerty Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Hagerty a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Hagerty Stock Analysis

When running Hagerty's price analysis, check to measure Hagerty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hagerty is operating at the current time. Most of Hagerty's value examination focuses on studying past and present price action to predict the probability of Hagerty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hagerty's price. Additionally, you may evaluate how the addition of Hagerty to your portfolios can decrease your overall portfolio volatility.