Hagerty Stock Today

HGTY Stock  USD 11.13  0.08  0.71%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Hagerty is trading at 11.13 as of the 13th of December 2024; that is 0.71 percent decrease since the beginning of the trading day. The stock's open price was 11.21. Hagerty has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 24th of December 2022 and ending today, the 13th of December 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
1st of June 2021
Category
Financial Services
Classification
Financials
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. The company has 90.03 M outstanding shares of which 300.71 K shares are currently shorted by private and institutional investors with about 2.62 trading days to cover. More on Hagerty

Moving together with Hagerty Stock

  0.71L Loews CorpPairCorr
  0.67AFG American FinancialPairCorr
  0.73AIZ AssurantPairCorr
  0.64ALL AllstatePairCorr

Moving against Hagerty Stock

  0.35CB ChubbPairCorr

Hagerty Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President RadiusKenneth Ahn
Business ConcentrationProperty & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.780.637
Fairly Up
Slightly volatile
Gross Profit Margin0.470.5675
Significantly Down
Pretty Stable
Total Current Liabilities483.7 M842.3 M
Way Down
Slightly volatile
Non Current Liabilities Total180.9 M252.6 M
Way Down
Slightly volatile
Total Assets1.1 B1.6 B
Way Down
Slightly volatile
Total Current Assets779.6 M1.3 B
Way Down
Slightly volatile
Total Cash From Operating Activities75.6 M133.7 M
Way Down
Slightly volatile
Debt Levels
Hagerty can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hagerty's financial leverage. It provides some insight into what part of Hagerty's total assets is financed by creditors.
Liquidity
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.

Other Non Cash Items

13.12 Million
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. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.82 B. Hagerty conducts business under Insurance sector and is part of Financials industry. The entity has 90.03 M outstanding shares of which 300.71 K shares are currently shorted by private and institutional investors with about 2.62 trading days to cover. Hagerty currently holds about 180.16 M in cash with 133.71 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.18.
Check Hagerty Probability Of Bankruptcy
Ownership Allocation
Hagerty has a total of 90.03 Million outstanding shares. The majority of Hagerty outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Hagerty to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Hagerty. Please pay attention to any change in the institutional holdings of Hagerty as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Hagerty Ownership Details

Hagerty Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
247.4 K
Renaissance Technologies Corp2024-09-30
159.4 K
Two Sigma Advisers, Llc2024-09-30
138.9 K
Charles Schwab Investment Management Inc2024-09-30
131.8 K
State Street Corp2024-09-30
127.1 K
Citadel Advisors Llc2024-09-30
126.8 K
Two Sigma Investments Llc2024-09-30
121.8 K
Lpl Financial Corp2024-09-30
115.3 K
Millennium Management Llc2024-09-30
112.6 K
State Farm Mutual Automobile Ins Co2024-09-30
51.8 M
Polar Capital Holdings Plc2024-09-30
M
View Hagerty Diagnostics

Hagerty Historical Income Statement

At this time, Hagerty's Net Interest Income is fairly stable compared to the past year. View More Fundamentals

Hagerty Stock Against Markets

Hagerty Corporate Management

Diana ChafeyChief SecretaryProfile
Daniel IgnotoVP PartnershipsProfile
John ButcherPres MarketsProfile
Collette ChampagneChief OfficerProfile
Chuck FavourChief OfficerProfile
Paul BAMarketing MediaProfile
McKeel HagertyCEO DirectorProfile

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.