Hagerty, Inc. (HGTY)
Hagerty, Inc. operates in the Insurance - Property & Casualty industry of the Financial Services sector, headquartered in Traverse City, MI, US. The stock last traded at $13.94, up 0.50% on the session, giving a market capitalisation of $4.79B. On trailing twelve-month figures it carries a trailing P/E of 33.70, a net margin of 1.8%. Its beta of 0.81 implies it has historically moved less than the broad market.
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.
Hagerty, Inc. is most often compared with the following Financial Services names: