(HGTY) Hagerty - Overview
Stock: Insurance, Memberships, Marketplace, Valuation, Roadside
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 30.7% |
| Relative Tail Risk | -12.3% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.65 |
| Alpha | 14.51 |
| Character TTM | |
|---|---|
| Beta | 0.564 |
| Beta Downside | 0.474 |
| Drawdowns 3y | |
|---|---|
| Max DD | 31.07% |
| CAGR/Max DD | 0.31 |
Description: HGTY Hagerty January 11, 2026
Hagerty, Inc. (NYSE:HGTY) underwrites and services insurance policies for collector cars and enthusiast vehicles across the United States, and it bundles a subscription-based Hagerty Drivers Club that offers roadside assistance, a specialty magazine, event access, a proprietary valuation tool, and assorted discounts. The company also operates a marketplace that complements its core insurance and membership businesses. Hagerty is headquartered in Traverse City, Michigan, and is a subsidiary of Hagerty Holding Corp.
Key performance indicators that analysts watch include: (1) **Revenue growth** – the firm reported a 12% year-over-year increase in 2023, driven largely by higher premium volumes and membership fees; (2) **Combined ratio** – Hagerty’s underwriting profitability sits around 92%, indicating a modest underwriting profit margin but leaving room for cost efficiencies; and (3) **Membership base** – the Drivers Club surpassed 150,000 active members in 2023, providing a recurring-revenue stream that cushions underwriting volatility. Economic drivers such as discretionary-spending trends, the health of the classic-car market (estimated to be >$30 bn in the U.S.), and interest-rate environments that affect financing of high-value vehicles are material to Hagerty’s top line. Conversely, rising inflation in auto parts and labor can pressure claim costs, while tighter underwriting standards in the broader P&C sector could constrain premium growth.
For a deeper, data-driven look at Hagerty’s valuation metrics and scenario analysis, you might explore the company’s profile on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 43.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -2.11 > 1.0 |
| NWC/Revenue: -0.13% < 20% (prev 0.68%; Δ -0.81% < -1%) |
| CFO/TA 0.08 > 3% & CFO 177.3m > Net Income 43.3m |
| Net Debt (-219.0m) to EBITDA (150.3m): -1.46 < 3 |
| Current Ratio: 1.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (90.7m) vs 12m ago 1.12% < -2% |
| Gross Margin: 68.19% > 18% (prev 0.50%; Δ 6770 % > 0.5%) |
| Asset Turnover: 68.52% > 50% (prev 63.68%; Δ 4.83% > 0%) |
| Interest Coverage Ratio: 2.65 > 6 (EBITDA TTM 150.3m / Interest Expense TTM 42.9m) |
Altman Z'' -0.55
| A: -0.00 (Total Current Assets 1.21b - Total Current Liabilities 1.22b) / Total Assets 2.15b |
| B: -0.19 (Retained Earnings -411.8m / Total Assets 2.15b) |
| C: 0.06 (EBIT TTM 113.4m / Avg Total Assets 1.98b) |
| D: -0.29 (Book Value of Equity -410.8m / Total Liabilities 1.44b) |
| Altman-Z'' Score: -0.55 = B |
Beneish M -3.83
| DSRI: 0.24 (Receivables 107.5m/388.7m, Revenue 1.36b/1.16b) |
| GMI: 0.73 (GM 68.19% / 49.89%) |
| AQI: 1.02 (AQ_t 0.42 / AQ_t-1 0.41) |
| SGI: 1.17 (Revenue 1.36b / 1.16b) |
| TATA: -0.06 (NI 43.3m - CFO 177.3m) / TA 2.15b) |
| Beneish M-Score: -3.83 (Cap -4..+1) = AAA |
What is the price of HGTY shares?
Over the past week, the price has changed by -0.63%, over one month by -4.69%, over three months by -2.63% and over the past year by +24.02%.
Is HGTY a buy, sell or hold?
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the HGTY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 13.7 | 8.5% |
| Analysts Target Price | 13.7 | 8.5% |
| ValueRay Target Price | 13.2 | 4.7% |
HGTY Fundamental Data Overview February 05, 2026
P/E Forward = 25.7732
P/S = 3.125
P/B = 5.8792
P/EG = 0.2744
Revenue TTM = 1.36b USD
EBIT TTM = 113.4m USD
EBITDA TTM = 150.3m USD
Long Term Debt = 25.0m USD (from longTermDebt, last quarter)
Short Term Debt = 73.1m USD (from shortTermDebt, last quarter)
Debt = 113.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -219.0m USD (from netDebt column, last quarter)
Enterprise Value = 4.03b USD (4.25b + Debt 113.6m - CCE 332.6m)
Interest Coverage Ratio = 2.65 (Ebit TTM 113.4m / Interest Expense TTM 42.9m)
EV/FCF = 26.06x (Enterprise Value 4.03b / FCF TTM 154.7m)
FCF Yield = 3.84% (FCF TTM 154.7m / Enterprise Value 4.03b)
FCF Margin = 11.38% (FCF TTM 154.7m / Revenue TTM 1.36b)
Net Margin = 3.18% (Net Income TTM 43.3m / Revenue TTM 1.36b)
Gross Margin = 68.19% ((Revenue TTM 1.36b - Cost of Revenue TTM 432.6m) / Revenue TTM)
Gross Margin QoQ = 82.08% (prev 82.62%)
Tobins Q-Ratio = 1.87 (Enterprise Value 4.03b / Total Assets 2.15b)
Interest Expense / Debt = 18.46% (Interest Expense 21.0m / Debt 113.6m)
Taxrate = 16.42% (15.4m / 93.7m)
NOPAT = 94.8m (EBIT 113.4m * (1 - 16.42%))
Current Ratio = 1.00 (Total Current Assets 1.21b / Total Current Liabilities 1.22b)
Debt / Equity = 0.38 (Debt 113.6m / totalStockholderEquity, last quarter 296.4m)
Debt / EBITDA = -1.46 (Net Debt -219.0m / EBITDA 150.3m)
Debt / FCF = -1.42 (Net Debt -219.0m / FCF TTM 154.7m)
Total Stockholder Equity = 195.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.18% (Net Income 43.3m / Total Assets 2.15b)
RoE = 22.15% (Net Income TTM 43.3m / Total Stockholder Equity 195.5m)
RoCE = 51.42% (EBIT 113.4m / Capital Employed (Equity 195.5m + L.T.Debt 25.0m))
RoIC = 29.95% (NOPAT 94.8m / Invested Capital 316.4m)
WACC = 8.18% (E(4.25b)/V(4.36b) * Re(7.99%) + D(113.6m)/V(4.36b) * Rd(18.46%) * (1-Tc(0.16)))
Discount Rate = 7.99% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -48.91%
[DCF Debug] Terminal Value 79.93% ; FCFF base≈160.4m ; Y1≈188.0m ; Y5≈284.5m
Fair Price DCF = 48.72 (EV 4.68b - Net Debt -219.0m = Equity 4.90b / Shares 100.5m; r=8.18% [WACC]; 5y FCF grow 18.31% → 2.90% )
EPS Correlation: 33.64 | EPS CAGR: -19.35% | SUE: -0.22 | # QB: 0
Revenue Correlation: 88.77 | Revenue CAGR: 38.56% | SUE: 3.41 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.11 | Chg30d=-0.003 | Revisions Net=+1 | Analysts=6
EPS next Year (2026-12-31): EPS=0.45 | Chg30d=+0.006 | Revisions Net=+1 | Growth EPS=+21.8% | Growth Revenue=-1.9%