Hagerty, Inc.HGTY

$10.87+0.04 (+0.37%)
NYSEFinancial Services24:00 UTC

Company snapshot

Market Cap
$1B
Small-cap
+613%
2021 — today
10-Year Price
+6%
2021 — today
52-Week Range
$9.34$13.82
Current $10.87· 34%

Hagerty, Inc. operates globally, serving as an insurance agency that specializes in policies for automobiles and boats, in addition to offering reinsurance products. Beyond its core insurance offerings, the company provides a suite of services and platforms: Hagerty Media distributes content through its HDC Magazine, various video productions, and a dedicated YouTube channel. HDC (Hagerty Drivers Club) is a subscription service that grants members access to the HDC Magazine, exclusive automotive events, proprietary vehicle valuation tools, emergency roadside assistance, and special vehicle-related discounts. HVT (Hagerty Valuation Tools) allows customers to access both current and historical pricing data for collector vehicles such as cars, trucks, SUVs, and motorcycles. Hagerty Events organizes a wide variety of gatherings, from intimate meetings to large-scale productions. DriveShare functions as a peer-to-peer platform for renting out classic and unique vehicles. MotorsportReg is an online system that streamlines membership, licensing, and event management for motorsports, automating aspects like event listings, registration processes, and payment collection. Hagerty Garage + Social furnishes clubhouses and secure storage facilities for vehicles. The company's primary operations are based in Traverse City, Michigan.

Valuation in context

P/E ratio
52.3
Above average
Pricier than usual over the last 10 years
P/B ratio
1.5
Near historic low
Near historic low — last 10 years
EV / EBITDA
8.2
Below average
Below the 10-year average
FCF Yield
15.0%
Above average
Above the 10-year average
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