Hagerty (NYSE:HGTY) Announces Quarterly Earnings Results, Beats Expectations By $0.09 EPS

Posted by Geri Gentry on Nov 3rd, 2026

Hagerty (NYSE:HGTY – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.09, Zacks reports. The company had revenue of $354.24 million for the quarter, compared to analysts’ expectations of $338.99 million. Hagerty had a net margin of 1.81% and a return on equity of 5.15%.

Hagerty Trading Up 7.2%

Shares of NYSE HGTY traded up $1.15 during mid-day trading on Tuesday, reaching $17.04. The company had a trading volume of 59,642 shares, compared to its average volume of 226,663. The business’s 50-day moving average is $14.18 and its 200-day moving average is $12.08. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.33. The stock has a market cap of $5.85 billion, a price-to-earnings ratio of 189.28 and a beta of 0.83. Hagerty has a 52 week low of $9.36 and a 52 week high of $16.94.

Wall Street Analysts Forecast Growth

HGTY has been the topic of a number of recent research reports. Truist Financial upped their price objective on Hagerty from $11.00 to $13.00 and gave the company a “hold” rating in a research report on Friday, August 7th. Zacks Research downgraded Hagerty from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 19th. Wells Fargo & Company lifted their price objective on shares of Hagerty from $11.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. JPMorgan Chase & Co. upped their target price on Hagerty from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Finally, Weiss Ratings upgraded Hagerty from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Hagerty has an average rating of “Hold” and a consensus target price of $13.80.

Read Our Latest Analysis on HGTY

Insiders Place Their Bets

In other Hagerty news, major shareholder Holding Corp. Hagerty sold 1,387,500 shares of the company’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $11.47, for a total value of $15,914,625.00. Following the transaction, the insider directly owned 9,250,000 shares in the company, valued at $106,097,500. This represents a 13.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.70% of the stock is owned by insiders.

Hagerty Company Profile

(Get Free Report)

Hagerty, Inc is an automotive lifestyle and insurance company focused on enthusiasts and owners of classic, collector and specialty vehicles. The company provides insurance brokerage and related services designed for collector vehicles, with coverage generally underwritten by third-party insurance carriers.

In addition to insurance, Hagerty offers vehicle valuation and pricing information, membership programs, editorial content, events and enthusiast-focused digital services. Its offerings include Hagerty Drivers Club, Hagerty Valuations and Hagerty Marketplace, which connects buyers and sellers of collectible vehicles.