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 '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
average inventory				-286.61M -	-385.75M 34.59%	-99.14M 74.30%
average payables			9.25M -	10.31M 11.54%	12.68M 22.97%	8.14M 35.81%
average receivables			124.94M -	160.34M 28.33%	218.08M 36.01%	164.03M 24.78%
book value per share		1.34 -	1.42 6.10%	-3.93 376.27%	0.72 118.21%	0.27 61.97%
capex per share	-0.10 -	-0.11 19.19%	-0.46 306.80%	-0.53 13.36%	-0.54 1.82%	-0.08 85.54%
capex to depreciation	-1.02 -	-1.05 3.27%	-3.24 208.57%	-1.96 39.59%	-1.31 33.14%	-0.58 55.99%
capex to operating cash flow	-0.17 -	-0.19 9.80%	-0.45 140.94%	-1.03 126.76%	-0.80 21.81%	-0.20 75.38%
capex to revenue	-0.03 -	-0.02 9.48%	-0.08 223.52%	-0.08 1.78%	-0.05 28.88%	-0.03 50.66%
cash per share		0.26 -	0.46 74.74%	3.34 622.51%	1.15 65.60%	2.13 84.99%
days of inventory on hand				-1.22K -	-250.76 79.40%
days payables outstanding				19.29 -	20.59 6.76%
days sales outstanding		99.98 -	103.06 3.08%	113.72 10.34%	112.88 0.73%	26.10 76.88%
debt to assets		0.12 -	0.46 293.09%	0.13 71.90%	0.15 15.18%	0.11 23.86%
debt to equity		0.47 -	2.41 410.44%	-0.42 117.35%	3.32 892.89%	1.95 41.11%
dividend yield			0.00 -	0.00 30.28%
earnings yield	0.01 -	0.01 50.37%	0.01 141.71%	-0.05 514.97%	0.01 111.16%	0.02 294.30%
enterprise value		806.98M -	833.58M 3.30%	1.03B 23.27%	797.18M 22.42%	2.11B 164.86%
enterprise value over ebitda		40.76 -	30.15 26.02%	-14.86 149.28%	10.63 171.52%	18.62 75.19%
ev to operating cash flow		16.11 -	9.86 38.82%	24.30 146.58%	14.41 40.71%	15.79 9.60%
ev to sales		2.03 -	1.67 17.85%	1.78 6.81%	0.96 46.08%	2.11 119.65%
free cash flow per share	0.46 -	0.49 6.36%	0.56 13.84%	-0.01 102.35%	0.13 1,100.91%	0.32 138.14%
free cash flow yield	0.05 -	0.05 6.36%	0.06 13.84%	-0.00 101.62%	0.02 1,787.62%	0.04 156.77%
graham net net		-2.79 -	-4.25 52.36%	-7.87 85.31%	-9.15 16.28%	-0.93 89.82%
graham number		1.24 -	1.99 60.14%	8.12 308.33%	0.89 89.02%	1.05 17.93%
income quality	5.45 -	11.91 118.70%	8.42 29.27%	-0.69 108.18%	23.02 3,441.10%	4.74 79.39%
intangibles to total assets	0 -	0.05 Infinity%	0.08 76.64%	0.08 0.04%	0.17 98.37%	0.13 22.24%
interest coverage				45.81 -	20.28 55.73%	0.46 97.75%
interest debt per share		0.63 -	3.43 441.57%	1.62 52.77%	2.40 48.06%	0.60 75.04%
inventory turnover				-0.30 -	-1.46 385.38%
invested capital		0.47 -	2.41 410.44%	-0.42 117.35%	3.32 892.89%	1.95 41.11%
market cap	802.69M -	802.69M 0%	802.69M 0%	1.17B 45.44%	695.74M 40.40%	2.65B 281.54%
net current asset value		55.32M -	19.97M 63.90%	-316.12M 1,683.01%	-8.37M 97.35%	155.35M 1,956.93%
net debt to ebitda		0.22 -	1.12 415.49%	2.02 80.97%	1.35 33.13%	-4.79 454.17%
net income per share	0.10 -	0.05 50.37%	0.12 141.71%	-0.75 703.52%	0.05 106.62%	0.18 265.70%
operating cash flow per share	0.56 -	0.61 8.55%	1.03 68.84%	0.51 50.01%	0.67 30.22%	0.39 41.26%
payables turnover				18.92 -	17.73 6.33%
receivables turnover		3.65 -	3.54 2.99%	3.21 9.37%	3.23 0.74%	13.98 332.45%
research and ddevelopement to revenue
return on tangible assets		0.01 -	0.02 82.43%	-0.06 453.77%	0.00 105.80%	0.04 1,090.24%
revenue per share	3.66 -	4.83 31.68%	6.07 25.74%	7.00 15.41%	10.03 43.18%	2.94 70.69%
roe		0.04 -	0.09 127.82%	0.19 118.45%	0.07 63.67%	0.66 861.55%
roic		0.02 -	0.03 9.34%	0.54 1,935.10%	0.04 91.94%	0.04 0.15%
sales general and administrative to revenue	0.42 -	0.39 8.97%	0.38 2.12%	0.41 8.58%	0.35 15.17%	0.09 75.45%
shareholders equity per share		1.34 -	1.42 6.10%	-3.93 376.27%	0.72 118.21%	0.27 61.97%
stock based compensation to revenue		-0.00 -	0.01 1,625.66%	0.08 1,371.40%	0.01 81.25%	0.02 23.19%
tangible asset value		89.36M -	65.96M 26.18%	183.14M 177.66%	148.30M 19.02%	287.21M 93.66%
tangible book value per share		1.09 -	0.80 26.18%	2.22 177.66%	1.79 19.41%	0.84 52.92%
working capital		92.80M -	128.61M 38.58%	445.87M 246.69%	269.43M 39.57%	407.92M 51.40%

NYSE:HGTY

Hagerty, Inc.

Last Close

8.57

17/05 20:00

Market Cap

2.70B

Beta: -

Volume Today

33.80K

Avg: 104.70K

PE Ratio

−17.35

PFCF: 44.27