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HGTYHagerty, Inc.
$17.97$6.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
HGTY logo

Hagerty, Inc.

HGTY
NYSE · Specialty Insurers
$17.97
At close - Nov 6, 4:00 PM EST - USD
Market Cap$6.17B
P/E130.7x
52W High$19.41
Volume377.87K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Hagerty's Growth Stalls as Underwriting Losses Emerge

Hagerty's top line has decelerated sharply, with revenue growth swinging from 22.5% in 2025Q4 to a -6.8% contraction in 2026Q3, suggesting the premium growth engine has lost momentum despite management's raised full-year outlook.

GrowthMixed
ProfitabilityStrained
ValuationExpensive
TechnicalsStrong
Explore valuation models
MARKET ACTION

HGTY price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

+889% Peers

P/E is 889% above peer median

03

Market leadership

RS 95 · Leader

High momentum (Outperforming 95% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Feb 3

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
HGTY+36.65%
S&P 500 (^GSPC)+7.63%
1-Year Return
HGTY+53.98%
S&P 500 (^GSPC)+9.69%
3-Year Return
HGTY+132.77%
S&P 500 (^GSPC)+64.75%
5-Year Return
HGTY+76.09%
S&P 500 (^GSPC)+53.38%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
130.7x
Forward P/E
257.8x
EV/EBITDA100th %ile
60.2x
FCF YieldCash Flow
4.5%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
130.7x
83.5x
100th· High
EV/EBITDA
60.2x
26.0x
100th· High
Price/FCF
22.1x
24.0x
25th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$0.74-95.9%
Base (Fair)$1.73-90.4%
Bull$3.12-82.6%
$0.74 Bear$1.73 Base$3.12 Bull
Current Market Price: $17.97
Trades at a 938.7% premium to Base DCF ($1.73)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$1.46B+22.2% YoY
Net income FY25
$49M+188.1% YoY
Free cash flow FY25
$194M+24.9% YoY
Operating margin FY25
9.6%+1.7 pts YoY
ROIC (FY25)17.9%
Avg ROIC 5Y28.4%
ROE (TTM)2.1%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (67%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 3, 2026
$0.10+831.1%
vs $0.01
$354M+4.5%
vs $339M
Q3 2026
Aug 5, 2026
-$0.02+76.9%
vs -$0.09
$355M+12.2%
vs $316M
Q2 2026
May 6, 2026
-$0.04-500.0%
vs $0.01
$312M+9.5%
vs $285M
Q1 2026
Feb 26, 2026
$0.08+100.0%
vs $0.04
$357M+14.7%
vs $312M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
GlobeNewsWire·Oct 23, 2026
Broad Arrow Brings Supercar Heaven to October 31 Auction in Partnership with Concours at Wynn Las Vegas

Broad Arrow has assembled some of the market's most sought-after supercars and hypercars for second annual Las Vegas Auction in partnership with Concours at Wynn Las Vegas | Final highlights for the sale led by supercars across eras; 1971 Lamborghini Miura P400 SV, 1994 Bugatti EB110 GT, 2015 McLaren P1 GTR by Lanzante, 2019 Koenigsegg Regera, and 2023 Bugatti Chiron Super Sport | Catalog of 86 cars reads as a modern collectibles wish list; average year of car on offer is 1996 | Complete digital auction catalog and bidder registration available at broadarrowauctions.com Broad Arrow has assembled some of the market's most sought-after supercars and hypercars for second annual Las Vegas Auction in partnership with Concours at Wynn Las Vegas | Final highlights for the sale led by supercars across eras; 1971 Lamborghini Miura P400 SV, 1994 Bugatti EB110 GT, 2015 McLaren P1 GTR by Lanzante, 2019 Koenigsegg Regera, and 2023 Bugatti Chiron Super Sport | Catalog of 86 cars reads as a modern collectibles wish list; average year of car on offer is 1996 | Complete digital auction catalog and bidder registration available at broadarrowauctions.com

Globe News Wire·Oct 21, 2026
BROAD ARROW PRESENTS A STUNNING SELECTION OF CURATED COLLECTOR CARS AT ITS SECOND ZÜRICH AUCTION

BICESTER, United Kingdom, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), is excited to follow its record-setting Zoute Concours Auction with a return to the spectacular Dolder Grand for its second Zürich Auction, the official auction partner of the Auto Zürich motor show.

PRNewsWire·Oct 20, 2026
Hagerty to Report Third Quarter 2026 Results and Host Conference Call on Tuesday, November 3, 2026

TRAVERSE CITY, Mich., Oct. 20, 2026 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), a business that makes it easier and more enjoyable to be a driving enthusiast, today announced it will report its third quarter 2026 financial results before the market opens on Tuesday, November 3, 2026.

GlobeNewsWire·Oct 16, 2026
BROAD ARROW DELIVERS SPECTACULAR FERRARIS ACROSS GLOBAL MARKETS AS SUPERCAR AND HYPERCAR DEMAND CLIMBS

Broad Arrow Auctions announces 2025 Ferrari Daytona SP3 in Tailor Made Verde Francesca for Las Vegas Auction on October 31 in partnership with Concours at Wynn Las Vegas | Ferrari Daytona SP3 joins 106-mile F50 along with a host of other highly collectible modern Ferraris set for the 75-car sale, including 2014 LaFerrari, 2003 Enzo, and 2011 599 SA Aperta | Zürich Auction follows on November 7 in partnership with Auto Zürich, led by 2015 LaFerrari in Bianco Fuji and 2017 Ferrari F12tdf in matte Alluminio Opaco, both offered without reserve | Broad Arrow Private Sales recent Ferrari successes are highlighted by two iconic Ferrari F40s, an incredibly preserved Enzo, and a Daytona SP3 in Extrarange Nero DS Opaco | More details on all Ferraris are available at broadarrowauctions.com Broad Arrow Auctions announces 2025 Ferrari Daytona SP3 in Tailor Made Verde Francesca for Las Vegas Auction on October 31 in partnership with Concours at Wynn Las Vegas | Ferrari Daytona SP3 joins 106-mile F50 along with a host of other highly collectible modern Ferraris set for the 75-car sale, including 2014 LaFerrari, 2003 Enzo, and 2011 599 SA Aperta | Zürich Auction follows on November 7 in partnership with Auto Zürich, led by 2015 LaFerrari in Bianco Fuji and 2017 Ferrari F12tdf in matte Alluminio Opaco, both offered without reserve | Broad Arrow Private Sales recent Ferrari successes are highlighted by two iconic Ferrari F40s, an incredibly preserved Enzo, and a Daytona SP3 in Extrarange Nero DS Opaco | More details on all Ferraris are available at broadarrowauctions.com

Filtered for Hagerty, Inc.More Headlines
04

Compare before deciding

Benchmark HGTY against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Hagerty, Inc. (HGTY)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
HGTY logoHGTYHagerty, Inc.Current
$17.97$6.17B130.6922.23%1.08%2.06%0.09%
KNSL logoKNSLKinsale Capital Group, Inc.
$383.73$8.74B16.4418.04%26.89%26.66%0.18%
PLMR logoPLMRPalomar Holdings, Inc.
$155.71$4.13B19.3758.16%17.6%22.45%—
HRTG logoHRTGHeritage Insurance Holdings, Inc.
$33.22$1.01B4.583.71%27.39%39.41%—
NODK logoNODKNI Holdings, Inc.
$15.33$313.98M21.24-12.35%5.79%6.11%—
PGR logoPGRThe Progressive Corporation
$227.77$132.61B11.4116.32%12.67%35.44%2.14%

Compare HGTY vs Peers

Hagerty, Inc. (HGTY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KNSL

Most directly comparable listed peer for HGTY.

Scale Benchmark

vs PGR

Larger-name benchmark to compare HGTY against a more recognizable public peer.

Peer Set

Compare Top 5

vs KNSL, PLMR, HRTG, NODK

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

HGTY SEC Filings & Documents

Hagerty, Inc. (HGTY) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Nov 3, 2026·SEC

Material company update

Aug 5, 2026·SEC

Material company update

Jul 17, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 26, 2026·SEC

FY 2025

Mar 4, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Nov 3, 2026·SEC

FY 2026

Aug 5, 2026·SEC

FY 2026

May 6, 2026·SEC

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HGTY Frequently Asked Questions

Hagerty, Inc. (HGTY) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Hagerty, Inc. growing?

Hagerty, Inc. (HGTY) grew revenue by 1.3% over the trailing twelve months, compared with the twelve months before.

Is HGTY profitable?

Yes. Hagerty, Inc. (HGTY) earned $14.8M in net income over the trailing twelve months (a 1.1% net margin).

Dividend & Returns
Does HGTY pay dividends?

Hagerty, Inc. (HGTY) does not currently pay a meaningful dividend.

What is HGTY's return on equity?

Hagerty, Inc. (HGTY) had a return on equity (ROE) of 2.1% over the trailing twelve months. That is below the market's typical 10-15%.

Industry Metrics
What is Hagerty, Inc.'s combined ratio?

Hagerty, Inc. (HGTY) has a combined ratio of 90.4%. A ratio below 100% indicates underwriting profitability.

What if you invested $1,000 in HGTY back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →