Reading the tape
NYSE: HGTY
Hagerty, Inc.
Financial Services · Insurance - Property & Casualty
Market Cap
$3.45B
52w High
$14.00
52w Low
$8.81
P/E
71.28
Volume
101.52K
Outstanding Shares
342.62M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 12.89%Revenue (TTM): 19.65%FCF (TTM): 24.9%P/FCF: 55th pct
What changed
The stock rose 12.89% over the last year. Revenue grew 19.65% over the trailing twelve months. Operating margin moved from 7.86% to 9.76%. Free cash flow grew 24.9% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 55th percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 9.76%. Revenue grew 19.65% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Hagerty, Inc. provides insurance agency services worldwide.
CEOMcKeel O. Hagerty
SectorFinancial Services
IndustryInsurance - Property & Casualty
Employees1,733
IPO dateJun 1, 2021
Valuation
Forward P/E—
EV/EBITDA6.80
Enterprise value$1.2B
Price / Book11.20
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth22.48%
Gross margin79.98%▲7.29%vs FY2024
Operating margin9.76%▲21.55%vs FY2024
ROE15.92%▲119.81%vs FY2024
Analyst consensus
RatingHold
Target price$14.33▲42.30%
1
Buy
3
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est -$0.04 · Revenue est $284.88M
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