Hagerty, Inc./$HGTY

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About Hagerty, Inc.

Hagerty Inc is a provider of specialty automotive insurance. The company underwrites, sells, and services classic car and enthusiast vehicle insurance policies. Substantial revenue is derived from Commission and fees. Geographically it serves Europe, Canada, and the United States.

Ticker

$HGTY
Sector

Primary listing

NYSE

Employees

1,739

Hagerty, Inc. Metrics

BasicAdvanced
$1.1B
57.16
$0.20
0.90
-

Bulls say / Bears say

Hagerty's Q2 2025 total revenue rose 18% year-over-year to $368.7 million, far exceeding analyst expectations of $293.9 million, thanks to strong commission and marketplace growth (Investing.com).
Following robust Q2 performance, Hagerty increased its full-year 2025 guidance to 13-14% revenue growth, 43-53% net income growth, and 30-38% adjusted EBITDA growth, highlighting management’s confidence in continued momentum (Investing.com).
A non-binding LOI with Markel gives Hagerty full control of premiums starting January 1, 2026, reducing ceding commissions and giving them the full benefit of underwriting profits, which could boost future margins (Investing.com).
Q2 EPS of $0.09 missed street consensus of $0.11, indicating less operating leverage and possible challenges in translating revenue growth into earnings per share (Investing.com).
The quarterly loss ratio increased to 42.3% from 41.1% a year ago, including a 1.6% impact from catastrophe losses, pointing to higher underwriting costs that could further pressure margins (PR Newswire).
Hagerty is ramping up technology investment to update its aging IT systems, a move that will keep software and operating expenses high in the near term and could weigh on margins before cost efficiencies are realized (Investing.com).
Data summarised monthly by Lightyear AI. Last updated on 30 Aug 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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