Hagerty (NYSE:HGTY – Get Rating) is scheduled to be announcing its earnings results before the market opens on Thursday, November 10th. Analysts expect the company to announce earnings of $0.07 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Hagerty (NYSE:HGTY – Get Rating) last issued its earnings results on Wednesday, August 10th. The company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $206.02 million for the quarter. On average, analysts expect Hagerty to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Hagerty Stock Performance

Shares of Hagerty stock opened at $8.83 on Thursday. The company’s fifty day simple moving average is $9.98 and its 200-day simple moving average is $10.48. Hagerty has a 1-year low of $7.23 and a 1-year high of $19.97. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.30.

Wall Street Analysts Forecast Growth

Separately, Raymond James began coverage on shares of Hagerty in a research report on Thursday, October 20th. They set a “market perform” rating on the stock.

Hedge Funds Weigh In On Hagerty

A number of large investors have recently made changes to their positions in HGTY. Vanguard Group Inc. increased its stake in Hagerty by 39.4% during the 1st quarter. Vanguard Group Inc. now owns 1,263,265 shares of the company’s stock valued at $13,631,000 after purchasing an additional 356,937 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of Hagerty in the 1st quarter valued at $3,594,000. Wasatch Advisors Inc. boosted its holdings in Hagerty by 3.3% during the first quarter. Wasatch Advisors Inc. now owns 7,025,761 shares of the company’s stock worth $75,808,000 after buying an additional 224,842 shares in the last quarter. Charles Schwab Investment Management Inc. purchased a new stake in Hagerty during the first quarter worth $1,482,000. Finally, State Street Corp purchased a new stake in Hagerty during the first quarter worth $912,000. 19.77% of the stock is owned by hedge funds and other institutional investors.

Hagerty Company Profile

(Get Rating)

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.

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