Raymond James downgraded Hagerty from Mkt Perform to Underperform
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/26/2024 | Mkt Perform → Underperform | Raymond James | |
| 1/11/2024 | $9.00 | Neutral | JP Morgan |
| 6/16/2023 | $11.00 | Hold | Truist |
| 10/20/2022 | Mkt Perform | Raymond James |
TRAVERSE CITY, Mich., Feb. 18, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its fourth quarter 2024 financial results before the market opens on Tuesday, March 4, 2025. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty.com. The dial-in for the conference call is (877) 423-9813 (toll-free) or
Third quarter 2024 Total Revenue increased 17% year-over-year to $323.4 million, and year-to-date 2024 Total Revenue increased 20% year-over-year to $908.3 millionThird quarter 2024 Written Premium increased 13% year-over-year to $287.6 million, and year-to-date 2024 Written Premium increased 16% year-over-year to $827.1 millionThird quarter 2024 Marketplace revenue increased 66% year-over-year to $21.6 million, and year-to-date 2024 Marketplace revenue increased 54% year-over-year to $38.3 millionThird quarter 2024 Loss Ratio of 60.0% (includes $24.7 million of pre-tax catastrophe losses related to Hurricane Helene) compared to 41.1% in the prior year period. Year-to-date 2024 Loss Ratio of
TRAVERSE CITY, Mich., Oct. 24, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its third quarter 2024 financial results before the market opens on Thursday, November 7, 2024. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty.com. The dial-in for the conference call is (877) 423-9813 (toll-free)
Raymond James downgraded Hagerty from Mkt Perform to Underperform
JP Morgan initiated coverage of Hagerty with a rating of Neutral and set a new price target of $9.00
Truist initiated coverage of Hagerty with a rating of Hold and set a new price target of $11.00
SC 13G - Hagerty, Inc. (0001840776) (Subject)
SC 13D/A - Hagerty, Inc. (0001840776) (Subject)
SC 13D/A - Hagerty, Inc. (0001840776) (Subject)
London, United Kingdom, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Broad Arrow, a Hagerty (NYSE:HGTY) company, is delighted to announce the expansion of its European and UK-based teams with the addition of renowned car specialists along with seasoned industry veterans focused on operations, client development, and marketing. Growing the company's specialist footprint throughout Continental Europe are Philip Kantor (based in Belgium), Gregory Tuytens (Belgium), Paul Gaucher (France), Daniele Turrisi (Italy), and Jean-Louis Baldanza (France), each well-regarded and highly experienced in the collector car industry. Furthermore, Valérie Simonet (France), Ryan Cigana (UK), and Simon Drake (UK) will join
TRAVERSE CITY, Mich., May 31, 2024 /PRNewswire/ -- Hagerty (NYSE:HGTY) announced today that Jeff Briglia has been named Hagerty's new President of Insurance, effective July 1, 2024, to lead all aspects of the company's insurance operations. "I am pleased to welcome Jeff to the Hagerty team as we continue to position the company for sustained profit growth," said McKeel Hagerty, Chief Executive Officer and Chairman of Hagerty. "Jeff has a proven track record of strategic change management across a variety of business areas, including product, claims, distribution, marketing, sa
TRAVERSE CITY, Mich., Jan. 18, 2024 /PRNewswire/ -- Hagerty, Inc., (NYSE:HGTY) an automotive enthusiast brand and leading specialty vehicle insurance provider, has named Arjun H. Chowdri as its new Senior Vice President of Membership and Retention. Arjun will lead the company's global membership programs, including the Hagerty Driver's Club, the world's largest paid car club with more than 800,000 members. Additionally, Arjun will lead Hagerty's Garage and Social business, a portfolio of five premium car storage and clubhouse locations across the US and Canada. Prior to joining Hagerty, Arjun was Chief Administrative and Innovation Officer for the PGA of America.
4 - Hagerty, Inc. (0001840776) (Issuer)
4 - Hagerty, Inc. (0001840776) (Issuer)
4 - Hagerty, Inc. (0001840776) (Issuer)
TRAVERSE CITY, Mich., Feb. 18, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its fourth quarter 2024 financial results before the market opens on Tuesday, March 4, 2025. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty's investor relations website at investor.hagerty.com. The dial-in for the conference call is (877) 423-9813 (toll-free) or
Grosse Pointe, Michigan, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty company (NYSE:HGTY), kicked off its 2025 auction calendar with the highly successful presentation of The Academy of Art University Collection Auction this past Saturday, February 15, at the University's Museum facilities in San Francisco. The Auction saw 105 of the collector car hobby's most desirable pre- and post-War classics sell under the Broad Arrow gavel—entirely without reserve—achieving $14.5 million in total sales before a packed auction room, in addition to hundreds of bidders both online and on the phones. Thomas Forrester, Broad Arrow's Auctioneer for Europe, presided over the sale, whi
Grosse Pointe, Michigan, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Broad Arrow Auctions, a Hagerty (NYSE:HGTY) company, has released the complete digital catalog for its upcoming third annual Amelia Auction, set for March 7-8, 2025, at The Ritz-Carlton Amelia Island. The catalog counts 169 lots (166 cars, 2 tractors, and 1 child's go-kart) and includes the latest featured consignments for the official auction of The Amelia, led by a host of sought-after supercars from the collector car hobby's top marques. Broad Arrow's team of car specialists has assembled a desirable lineup ranging from the world's first supercar to today's most advanced engineering marvels. The supercar group is led by an out
144 - Hagerty, Inc. (0001840776) (Subject)
144 - Hagerty, Inc. (0001840776) (Subject)
144 - Hagerty, Inc. (0001840776) (Subject)