Hagerty, Inc. (HGTY) on Decifer

Decifer ranks HGTY number 113 of 274 tracked names on durable business quality.

Why it ranks here

• Its returns on invested money are modest, around 7% and those returns have been improving and it turns most of its profit into real cash.
• Revenue is growing about 22% a year, profits grew 340% over the past year, and growth is speeding up, not slowing down.
• It keeps a high share of every sale as profit, with profitability widening as it grows.
• and has the balance sheet to fund its growth.
• It keeps issuing a lot of new shares, which dilutes its owners.
• Profits up 340% and momentum of 20 out of 35 look lively, but returns around 7%, heavy dilution, and no worldview role keep it grounded.

The current read

The evidence on HGTY lines up on the supportive side: the intelligence feed flags this name as connected to what is moving markets now. The independent signals we track are telling the same story.

Themes

• Specialty & E&S Insurance Hardening: Climate-driven catastrophe losses and complex emerging risks are pushing coverage out of admitted markets into a hard-pricing specialty and E&S market growing above the broader P&C industry.

Read the full HGTY research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.