Hagerty, Inc. provides insurance agency services worldwide. It offers automobile and boat insurance products; and reinsurance products. The company also provides Hagerty Media, which publishes contents through the HDC Magazine, video content, YouTube channel; HDC that offers subscription based products and services, including HDC Magazine, automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and special vehicle-related discounts; HVT, a valuation tool used by the customer to access current and historic pricing data of collector car, truck, SUV, and motorcycle models; and Hagerty Events, an eclectic mix of small and large events. In addition, it offers DriveShare, a peer-to-peer rental platform for collector and cool vehicles; Motorsport Reg, a motorsport membership, licensing, and event online management system that automates event listings, registration, and payment processing for various motorsport events; and Hagerty Garage + Social, a platform that provides clubhouses and car storage facilities. The company is headquartered in Traverse City, Michigan.

Hagerty, Inc.

Hagerty was built by people who love cars. We began as a niche insurance agency offering coverage for collector cars. We’re now a global automotive enthusiast brand and the world’s largest membership organization for car lovers. It's all driven by our love for cars.

Our purpose is saving driving. We exist to fuel car culture and ultimately save driving for future generations. Our mission is building a global business to fund our purpose, create a space where team members thrive; and drive positive impact throughout the world.

Driving is who we are. Hagerty offers integrated membership products and programs with unique experiences that bring together automotive enthusiasts across the globe. We connect people who love cars through our Hagerty Drivers Club (620,000+ members), entertainment and events such as the Greenwich Concours d’Elegance, the Concours d’Elegance of America, and the California Mille, as well as valuation capabilities, DriveShare, Media, and Garage + Social.

Hagerty is always looking for talented new team members to help us drive forward. If our purpose, mission and beliefs resonate with you, let’s talk about getting you behind the wheel.

Hagerty

Is Jaguar, as a brand, on the rocks? That’s the growing sense in the collector car industry, at least. For decades, classics like the XK 120, XK 140, XK 150 and E-Type have been mainstays for dealers, brokers, and buyers, but lately they don’t seem to generate the same market excitement they once did. They are getting harder to sell, and over the past five years many prices are either stagnant or decreasing.

#hagerty #jaguar #collectorcars #cars 

Celebrating 40 years behind the wheel. 🚘 

More and more classic Japanese cars continue to impress on the auction block, and on the road. No longer an undiscovered country, the Japanese collector car market is firmly established and still growing.

#classiccars #cars #honda #toyota #mazda #lexus #subaru #nissan #hagerty #suzuki #collectorcars

One of the signature cars at Hagerty's Amelia Auction next week on Amelia Island, Florida, is this stunning 1988 Porsche 959 SC Reimagined by Canepa. 
For more on the entire auction lineup, visit https://lnkd.in/gifvT9Aa

#hagerty #broadarrowauctions #collectorcars #carauctions #porsche

Thanks to the Traverse City Record-Eagle (our hometown newspaper!) for including Sabrina Wheaton, director of Member Service Center operations at Hagerty and chair of our Women’s Employee Resource Group, in their article on employee mentoring. 

Sabrina's take on the subject: “At Hagerty, investing in our female talent aligns with our values and our focus on building an inclusive culture. “We regularly audit gender equity from a compensation standpoint to reconcile pay gaps and recently introduced a Women’s Employee Resource group to offer our female team members and allies opportunities to learn, build their networks and grow personally and professionally as they navigate their careers.”

#traversecityrecordeagle #hagerty #traversecity #ERGs #employment #inclusiveculture #jobs #retention 

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
account payables	6.95M -	11.54M 66.10%	9.08M 21.31%	16.28M 79.24%	289.70M 1,679.27%
accumulated other comprehensive income loss	-2.52M -	-1.95M 22.61%	-1.73M 11.61%	-213K 87.67%	-88K 58.69%
cash and cash equivalents	21.81M -	38.11M 74.74%	275.33M 622.51%	95.17M 65.43%	724.28M 661.02%
cash and short term investments	21.81M -	38.11M 74.74%	275.33M 622.51%	95.17M 65.43%	108.33M 13.82%
common stock	112.99M -	119.15M 5.46%	33K 99.97%	33K 0%	33K 0%
deferred revenue	116.07M -	144.25M 24.28%			30.32M -
deferred revenue non current	556.45K -	19.67M 3,434.34%			47.65M -
deferrred tax liabilities non current	5.92M -	7.50M 26.59%	10.51M 40.15%	12.85M 22.26%	-14.54M 213.15%
goodwill	3.80M -	4.75M 24.83%	11.49M 142.09%	115.04M 901.40%	114.21M 0.72%
goodwill and intangible assets	21.10M -	51.36M 143.37%	87.66M 70.67%	219.06M 149.91%	206.14M 5.90%
intangible assets	17.30M -	46.62M 169.41%	76.17M 63.40%	104.02M 36.57%	91.92M 11.63%
inventory			-573.22M -	-198.28M 65.41%	-795.81M 301.36%
long term debt	26.10M -	69M 164.37%	135.50M 96.38%	189.05M 39.52%	130.68M 30.88%
long term investments					-167.66M -
net debt	4.29M -	30.89M 619.81%	-139.83M 552.65%	101.44M 172.54%	-536.64M 629.04%
net receivables	108.82M -	141.05M 29.62%	179.62M 27.34%	256.53M 42.82%	341.08M 32.96%
other assets			470.89M -	936.78M 98.94%
other current assets			573.22M -	783.36M 36.66%	1.11B 41.52%
other current liabilities	146.22M -	15.26M 89.56%	-9.08M 159.53%	643.52M 7,184.07%	168.19M 73.86%
other liabilities			615.98M -
other non current assets	17.81M -	20.17M 13.23%	-116.02M 675.31%	-887.77M 665.17%	369.88M 141.66%
other non current liabilities	4.90M -	12.47M 154.46%	-146.01M 1,270.78%	75.89M 151.98%	405.89M 434.83%
othertotal stockholders equity			160.19M -	549.03M 242.74%	561.75M 2.32%
preferred stock					82.84M -
property plant equipment net	16.23M -	25.82M 59.14%	28.36M 9.84%	107.65M 279.56%	71.28M 33.79%
retained earnings			-482.28M -	-489.60M 1.52%	-469.00M 4.21%
short term debt	26.10M -	213.70M 718.77%		7.56M -	6.50M 13.98%
short term investments					-615.95M -
tax assets					-30.48M -
tax payables
total assets	443.28M -	610.71M 37.77%	1.04B 70.60%	1.31B 25.98%	1.56B 18.68%
total current assets	388.14M -	513.36M 32.26%	454.95M 11.38%	936.78M 105.91%	1.11B 18.34%
total current liabilities	295.34M -	384.75M 30.28%	9.08M 97.64%	667.36M 7,246.49%	494.71M 25.87%
total debt	26.10M -	69M 164.37%	135.50M 96.38%	196.61M 45.10%	187.64M 4.56%
total investments			10.79M -	12.99M 20.41%	-167.66M 1,391.12%
total liabilities	332.82M -	493.39M 48.25%	771.07M 56.28%	945.15M 22.58%	1.06B 12.62%
total liabilities and stockholders equity	443.28M -	610.71M 37.77%	1.04B 70.60%	1.31B 25.98%	1.56B 18.68%
total non current assets	55.14M -	97.35M 76.55%	116.02M 19.18%	-561.05M 583.57%	449.15M 180.06%
total non current liabilities	37.48M -	108.64M 189.84%	146.01M 34.40%	277.79M 90.26%	569.68M 105.07%
total stockholders equity	110.46M -	117.20M 6.10%	-323.78M 376.27%	59.25M 118.30%	175.54M 196.26%

NYSE:HGTY

Hagerty, Inc.

Last Close

8.95

03/05 20:00

Market Cap

2.70B

Beta: -

Volume Today

22.54K

Avg: 104.70K

PE Ratio

−17.35

PFCF: 44.27