Financials Hagerty, Inc.

Equities

HGTY

US4051661092

Property & Casualty Insurance

End-of-day quote Nyse 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
8.92 USD -0.34% Intraday chart for Hagerty, Inc. +0.34% +14.36%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 1,167 699.7 659.8 791.2 - -
Enterprise Value (EV) 1 1,167 699.7 659.8 791.2 791.2 791.2
P/E ratio -25.3 x 21.6 x 86.7 x 10.7 x 7.42 x -
Yield - - - - - -
Capitalization / Revenue - 0.89 x 0.66 x 0.68 x 0.6 x -
EV / Revenue - 0.89 x 0.66 x 0.68 x 0.6 x -
EV / EBITDA - -361 x 7.48 x 6.14 x 4.96 x -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book - 11.8 x - 7.22 x 6.67 x 9.44 x
Nbr of stocks (in thousands) 82,327 83,203 84,589 85,627 - -
Reference price 2 14.18 8.410 7.800 9.240 9.240 9.240
Announcement Date 3/24/22 3/14/23 3/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 787.6 1,000 1,169 1,320 -
EBITDA 1 - -1.94 88.16 128.8 159.4 -
EBIT 1 - -67.57 10.41 70.61 102.6 -
Operating Margin - -8.58% 1.04% 6.04% 7.77% -
Earnings before Tax (EBT) 1 - 11.1 44.77 91.34 112.9 -
Net income 1 -46.36 32.08 16.55 61.61 88.09 0.185
Net margin - 4.07% 1.66% 5.27% 6.67% -
EPS 2 -0.5600 0.3900 0.0900 0.8600 1.245 -
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 3/24/22 3/14/23 3/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 216.8 197 218.4 261.2 275.6 245 271.7 307.6 314.9 278.8 312.8
EBITDA 1 -10.01 -2.036 6.705 34.37 37.38 9.713 27.33 43.27 47.7 15.94 33.5
EBIT 1 -21.22 -35.73 -16.49 17.25 16.12 -6.473 12.22 26.63 34.63 -2.872 17.66
Operating Margin -9.79% -18.13% -7.55% 6.6% 5.85% -2.64% 4.5% 8.66% 11% -1.03% 5.65%
Earnings before Tax (EBT) 1 25.76 -29.29 -11.36 19.27 23.23 13.63 13.33 33.18 41.21 3.628 24.18
Net income 1 14.71 -4.607 -2.099 2.405 3.516 12.73 -3.189 26.3 25.55 1.194 42.25
Net margin 6.79% -2.34% -0.96% 0.92% 1.28% 5.2% -1.17% 8.55% 8.11% 0.43% 13.51%
EPS 2 0.0700 -0.0600 -0.0300 0.0300 0.0400 0.0300 -0.0400 0.3900 0.4150 0.0400 0.2200
Dividend per Share - - - - - - - - - - -
Announcement Date 11/10/22 3/14/23 5/9/23 8/8/23 11/8/23 3/12/24 5/7/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - - - 15.1% 15.3% -
ROA (Net income/ Total Assets) - - - 89.5% 128% 173%
Assets 1 - - - 68.87 68.87 0.1069
Book Value Per Share 2 - 0.7100 - 1.280 1.390 0.9800
Cash Flow per Share - - - - - -
Capex - 44.4 - - - -
Capex / Sales - 5.63% - - - -
Announcement Date 3/24/22 3/14/23 3/12/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
9.24 USD
Average target price
11.33 USD
Spread / Average Target
+22.66%
Consensus
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  4. Financials Hagerty, Inc.
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