JP Morgan initiated coverage of Hagerty with a rating of Neutral and set a new price target of $9.00
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| 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 |
144 - Hagerty, Inc. (0001840776) (Subject)
SCHEDULE 13G/A - Hagerty, Inc. (0001840776) (Subject)
LONDON, England, Aug. 12, 2025 (GLOBE NEWSWIRE) -- One of only 71 Jaguar D-Types producedRare example that has never been used in competitive motorsportMatching engine and chassis numbersMeticulously cared for by current Swiss owner for past three decadesHighly desirable Jaguar D-Type will be one of the highlights of Broad Arrow Zürich Auction in partnership with Auto Zürich on 1 NovemberD-Type estimated to bring CHF 5'250'000 - 6'250'000 Broad Arrow Auctions, a Hagerty (NYSE:HGTY) company, is proud to offer one of the most pristine examples of the iconic Jaguar D-Type at its inaugural Zürich Auction this November. One of only 71 produced, Chassis XKD 551 is a rare short-nose ver
TRAVERSE CITY, Mich., Aug. 7, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY) ("Hagerty"), an automotive enthusiast brand and leading specialty vehicle insurance provider, announced the pricing of its secondary offering, upsized to 9,700,000 shares of Hagerty's Class A Common Stock, being offered by Hagerty Holding Corp. ("HHC") and Aldel LLC ("Aldel" and together with HHC, the "Selling Stockholders") at a price to the public of $9.34 per share. In connection with the offering, the Selling Stockholders also granted the underwriters a 30-day option to purchase up to an additional 1,455,000 shares of Hagerty's Class A Common Stock. The offering is expected to close on or about August 11, 2025,
TRAVERSE CITY, Mich., Aug. 6, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY) ("Hagerty"), an automotive enthusiast brand and leading specialty vehicle insurance provider, announced that Hagerty Holding Corp. ("HHC") and Aldel LLC ("Aldel" and together with HHC, the "Selling Stockholders") intend to offer 8,700,000 shares of Hagerty's Class A Common Stock in an underwritten secondary public offering. In connection with the offering, the Selling Stockholders also intend to grant the underwriters a 30-day option to purchase up to an additional 1,305,000 shares of Hagerty's Class A Common Stock.
4 - Hagerty, Inc. (0001840776) (Issuer)
4 - Hagerty, Inc. (0001840776) (Issuer)
4 - Hagerty, Inc. (0001840776) (Issuer)
4 - Hagerty, Inc. (0001840776) (Issuer)
4 - Hagerty, Inc. (0001840776) (Issuer)
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)
The Company increased its full year 2025 outlook for Total Revenue growth to 13-14%, Net Income growth of 43-53%, and Adjusted EBITDA growth of 30-38%Second quarter 2025 Total Revenue increased 18% year-over-year to $368.7 million, and year-to-date 2025 Total Revenue increased 18% to $688.3 millionSecond quarter 2025 Written Premium increased 11% year-over-year to $356.0 million, and year-to-date 2025 Written Premium increased 11% to $600.3 millionSecond quarter 2025 Marketplace revenue increased 327% year-over-year to $26.8 million, and year-to-date 2025 Marketplace revenue increased 232% to $55.8 millionSecond quarter 2025 Operating Income increased 25% year-over-year to $47.7 million, and
TRAVERSE CITY, Mich., July 21, 2025 /PRNewswire/ -- Hagerty, Inc. (NYSE:HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its second quarter 2025 financial results before the market opens on Monday, August 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
First quarter 2025 Total Revenue increased 18% year-over-year to $319.6 millionFirst quarter 2025 Written Premium increased 12% year-over-year to $244.3 millionFirst quarter 2025 Marketplace revenue increased 176% year-over-year to $29.0 millionFirst quarter 2025 Operating Income increased 110% year-over-year to $25.7 millionFirst quarter 2025 Operating Income margin increased by 360 bps compared to the prior year periodFirst quarter 2025 Net Income increased 233% year-over-year to $27.3 millionFirst quarter 2025 Adjusted EBITDA increased 45% year-over-year to $39.6 millionReaffirmed 2025 Outlook for 12-13% Total Revenue growth, 30-40% Net Income growth and 21-29% Adjusted EBITDA growthTRAVE
TRAVERSE CITY, Mich., July 10, 2025 /PRNewswire/ -- Hagerty, Inc., (NYSE:HGTY) an automotive enthusiast brand and leading specialty vehicle insurance provider, has named Marc Burns as its new Senior Vice President of Brand and Marketing, effective July 14. In this newly created role, Burns' focus will lead the integration and elevation of Hagerty's brand experience across all member touchpoints. He will be responsible for unifying brand and member engagement strategies, enhancing brand reputation, and delivering efficient, high-impact marketing initiatives as the company work
The Amelia's 30th Annual Celebration Saw a Weekend of Fine Dining, Driving Experiences, Live Auctions, and the Amelia Concours D'Elegance—Showcasing Hundreds of Exquisite Vehicles from Around the World AMELIA ISLAND, Fla., March 12, 2025 /PRNewswire/ -- Among a distinguished field of more than 240 historically significant automobiles, spanning 35 classes, a 1938 Alfa Romeo 8C 2900 claimed the prestigious title of Best of Show, Concours d'Elegance, while a 1967 Lotus 49 was honored as Best of Show, Concours de Sport at the 30th Amelia Concours d'Elegance. Event press releases, concours results, photos and the event program can be found here.
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