Hagerty, Inc. (HGTY) Stock Analysis
Recovery setup
Financial Services · Insurance - Property & Casualty
Sell if holding. At $10.84, A.R:R 0.4:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 3.2%; Concentration risk — Counterparty: Markel/Essentia (91.0%).
Hagerty is the leading collector car and enthusiast vehicle insurer operating as an MGA (with owned reinsurer Hagerty Re) and marketplace (Broad Arrow auctions, digital platform). Insurance segment represented 92% of 2025 revenue; commission revenue from the Markel Alliance... Read more
Sell if holding. At $10.84, A.R:R 0.4:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 3.2%; Concentration risk — Counterparty: Markel/Essentia (91.0%). Chart setup: Death cross but MACD improving, RSI 53. Score 4.7/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 51d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-06-13Recent Developments — Hagerty, Inc.
Latest news
- NEWS Hagerty (HGTY) Projected to Post Quarterly Earnings on Wednesday - MarketBeat — MarketBeat neutral
- NEWS Hagerty, Inc. (NYSE:HGTY) Short Interest Up 62.2% in April - MarketBeat — MarketBeat positive
- NEWS Hagerty Board Shift May Influence Valuation And Growth Priorities - Yahoo Finance — Yahoo Finance positive
- NEWS Hagerty Executive Offloads 5,531 Shares, Earning $61,000 - bitget.com — bitget.com negative
- NEWS Hagerty Executive Offloads 5,531 Shares, Earning $61,000 - Bitget — Bitget negative
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHcounterpartyMarkel/Essentia91%10-K Item 1: 'commission revenue associated with the Markel Alliance Agreement was $436.8 million...representing 91%, 93%, and 95%, respectively, of total commission revenue.'
Material Events(8-K, last 90d)
- 2026-04-15Item 5.02LOWMichael R. Heaton resigned from Hagerty Board (Markel's designee) effective April 13, 2026; Henrik W. Bjørnstad appointed as Markel's new Board designee. No disagreement. Board accelerated vesting of 10,230 RSUs granted to Heaton.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Revenue shrinking — -5.0% YoY. Growth thesis broken unless recovery story develops.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $10.84, A.R:R 0.4:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 3.2%; Concentration risk — Counterparty: Markel/Essentia (91.0%). Chart setup: Death cross but MACD improving, RSI 53. Prior stop was $10.08. Score 4.7/10, moderate confidence.
Take-profit target: $11.19 (+3.2% upside). Prior stop was $10.08. Stop-loss: $10.08.
Concentration risk — Counterparty: Markel/Essentia (91.0%); Thin upside margin: 3.2%; Weak overall score: 4.7/10.
Hagerty, Inc. trades at a P/E of 45.4 (forward 19.1). TrendMatrix value score: 7.1/10. Verdict: Sell.
14 analysts cover HGTY with a consensus score of 3.7/5. Average price target: $13.
What does Hagerty, Inc. do?Hagerty is the leading collector car and enthusiast vehicle insurer operating as an MGA (with owned reinsurer Hagerty...
Hagerty is the leading collector car and enthusiast vehicle insurer operating as an MGA (with owned reinsurer Hagerty Re) and marketplace (Broad Arrow auctions, digital platform). Insurance segment represented 92% of 2025 revenue; commission revenue from the Markel Alliance Agreement (Essentia carrier) represented 91% of total commission revenue. Hagerty Re assumed 80% quota share of Essentia risk as of Dec 31, 2025, increasing to 100% in 2026.