JMP Securities Begins Coverage of Hagerty, Assigns Market Outperform Rating and Sets Price Target at $15
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 01 2025
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Should l Buy HGTY?
Source: Benzinga
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Analyst Views on HGTY
Wall Street analysts forecast HGTY stock price to rise
4 Analyst Rating
1 Buy
3 Hold
0 Sell
Hold
Current: 12.140
Low
11.00
Averages
13.50
High
15.00
Current: 12.140
Low
11.00
Averages
13.50
High
15.00
About HGTY
Hagerty, Inc. is an automotive enthusiast brand. The Company is a provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the Americans who self-describe as car enthusiasts. Through its insurance business, the Company acts as a Managing General Agent (MGA) by underwriting, selling, and servicing collector car and enthusiast vehicle insurance policies. In addition, the Company offers Hagerty Drivers Club (HDC) memberships, which are primarily bundled with its insurance policies and give subscribers access to an array of products and services, including emergency roadside assistance, Hagerty Drivers Club Magazine, automotive enthusiast events, its proprietary vehicle valuation tool, and special vehicle-related discounts. It provides insurance for approximately 2.6 million collector cars and enthusiast vehicles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Broad Arrow Partners with The Quail for Auction Events
- Strategic Partnership: Broad Arrow has entered into a multi-year partnership with The Quail, A Motorsports Gathering, becoming the official auction partner, which signifies a pivotal step in Broad Arrow's evolution in the collector car auction space, expected to enhance its market position.
- Auction Event Schedule: Broad Arrow will host a two-day auction at The Quail Golf Club on August 13-14, 2026, showcasing approximately 175 of the most sought-after collector cars, including classics and supercars, aimed at attracting high-end clientele.
- Market Growth Potential: In 2025, Broad Arrow achieved over $624 million in total transaction value, reflecting a 97% increase from 2024, indicating rapid growth and strong market demand, which is likely to draw more international bidders.
- Enhanced Event Experience: This partnership will provide attendees with a richer automotive experience, including world-class cuisine and entertainment, with Broad Arrow's involvement expected to further elevate The Quail's brand value and customer satisfaction.
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Hagerty to Report Q4 2025 Financial Results on February 26, 2026
- Earnings Report Schedule: Hagerty, Inc. will announce its Q4 2025 financial results before the market opens on February 26, 2026, indicating the company's commitment to transparency and investor communication.
- Conference Call Details: The company will hold a conference call at 10:00 AM Eastern Time on the same day to discuss the financial results, providing a toll-free dial-in number of 877-423-9813, reflecting its focus on investor engagement.
- Webcast Availability: The conference call will be available via live webcast on Hagerty's investor relations website, ensuring that global investors can access real-time information, thereby enhancing transparency and accessibility.
- Company Background Information: Hagerty protects 2.7 million vehicles and is dedicated to providing insurance, auction, and event services for car enthusiasts, showcasing its significant role and influence within the automotive enthusiast community.
See More
Hagerty Elevates Marc Burns to CMO and Appoints Matt Teshera as SVP of Marketing
- Executive Appointments: Hagerty has promoted Marc Burns to Chief Marketing Officer and appointed Matt Teshera as Senior Vice President of Marketing, aiming to enhance brand impact and member experience through integrated marketing strategies.
- Brand Strategy: Burns will focus on increasing brand awareness and member relationships, driving high-impact marketing initiatives to achieve a fully integrated membership experience that enhances customer loyalty.
- Market Execution: Teshera will oversee marketing strategy and membership development, aiming to evolve the membership experience into a bespoke, tiered service that enhances member value and benefits through better integration.
- Industry Background: Teshera previously served as Vice President of Consumer Acquisition and Growth at AT&T, bringing over 17 years of marketing experience, which is expected to enhance Hagerty's marketing execution capabilities.
See More
Hagerty Elevates Marc Burns to CMO and Appoints Matt Teshera as SVP of Marketing
- Executive Appointments: Hagerty has promoted Marc Burns to Chief Marketing Officer and appointed Matt Teshera as Senior Vice President of Marketing, aiming to enhance brand impact and member experience through integrated marketing strategies.
- Brand Strategy: Burns will focus on increasing brand awareness and member relationships, while Teshera will be responsible for developing marketing strategies that drive personalized and tiered membership experiences, enhancing member value and loyalty.
- Market Execution: Teshera, previously Vice President of Consumer Acquisition and Growth at AT&T with over 17 years of marketing experience, is expected to bring efficient marketing execution capabilities to Hagerty, further driving business growth.
- Membership Ecosystem: Hagerty protects 2.7 million vehicles and is dedicated to providing innovative insurance products and rich member experiences, with the new executive appointments poised to help the company stand out in a competitive market.
See More
Hagerty Launches Automotive Enthusiast Channel on Prime Video
- Channel Launch: Hagerty has launched a free ad-supported automotive enthusiast channel on Prime Video, marking a significant step in making its content accessible through thousands of compatible devices, thereby enhancing brand reach and user experience.
- Rich Content: The channel offers 24/7 programming featuring hundreds of hours of high-quality original content with new episodes released weekly, aimed at attracting more car enthusiasts and strengthening brand loyalty.
- Audience Reach: Hagerty's video content has garnered over 785 million views, showcasing its extensive influence among automotive enthusiasts, while also being available on Hagerty.com and YouTube, further expanding brand visibility.
- Market Positioning: Hagerty protects 2.7 million vehicles and is committed to enhancing the driving experience for enthusiasts through innovative insurance products and engaging media events, thereby solidifying its leadership in automotive culture.
See More
Hagerty Launches Automotive Channel on Prime Video
- Channel Launch: Hagerty has launched a free automotive enthusiast ad-supported channel on Prime Video, marking a significant expansion of its content availability across thousands of compatible devices, thereby enhancing its influence in automotive culture.
- Rich Content: The channel offers 24/7 high-quality original programming with hundreds of hours of content, updated weekly, aimed at attracting more car enthusiasts and increasing user engagement and brand loyalty.
- Audience Engagement: Programs like 'ICONS' and 'Barn Find Hunter' have garnered over 785 million views, showcasing Hagerty's strong impact in the automotive media space and the high demand for its content.
- Brand Positioning: By offering innovative insurance products and engaging media content, Hagerty protects 2.7 million vehicles, further solidifying its leadership in the automotive enthusiast community and driving long-term growth and market expansion.
See More
Broad Arrow Partners with The Quail for Auction Events
- Strategic Partnership: Broad Arrow has entered into a multi-year partnership with The Quail, A Motorsports Gathering, becoming the official auction partner, which signifies a pivotal step in Broad Arrow's evolution in the collector car auction space, expected to enhance its market position.
- Auction Event Schedule: Broad Arrow will host a two-day auction at The Quail Golf Club on August 13-14, 2026, showcasing approximately 175 of the most sought-after collector cars, including classics and supercars, aimed at attracting high-end clientele.
- Market Growth Potential: In 2025, Broad Arrow achieved over $624 million in total transaction value, reflecting a 97% increase from 2024, indicating rapid growth and strong market demand, which is likely to draw more international bidders.
- Enhanced Event Experience: This partnership will provide attendees with a richer automotive experience, including world-class cuisine and entertainment, with Broad Arrow's involvement expected to further elevate The Quail's brand value and customer satisfaction.
See More
Hagerty to Report Q4 2025 Financial Results on February 26, 2026
- Earnings Report Schedule: Hagerty, Inc. will announce its Q4 2025 financial results before the market opens on February 26, 2026, indicating the company's commitment to transparency and investor communication.
- Conference Call Details: The company will hold a conference call at 10:00 AM Eastern Time on the same day to discuss the financial results, providing a toll-free dial-in number of 877-423-9813, reflecting its focus on investor engagement.
- Webcast Availability: The conference call will be available via live webcast on Hagerty's investor relations website, ensuring that global investors can access real-time information, thereby enhancing transparency and accessibility.
- Company Background Information: Hagerty protects 2.7 million vehicles and is dedicated to providing insurance, auction, and event services for car enthusiasts, showcasing its significant role and influence within the automotive enthusiast community.
See More
Hagerty Elevates Marc Burns to CMO and Appoints Matt Teshera as SVP of Marketing
- Executive Appointments: Hagerty has promoted Marc Burns to Chief Marketing Officer and appointed Matt Teshera as Senior Vice President of Marketing, aiming to enhance brand impact and member experience through integrated marketing strategies.
- Brand Strategy: Burns will focus on increasing brand awareness and member relationships, driving high-impact marketing initiatives to achieve a fully integrated membership experience that enhances customer loyalty.
- Market Execution: Teshera will oversee marketing strategy and membership development, aiming to evolve the membership experience into a bespoke, tiered service that enhances member value and benefits through better integration.
- Industry Background: Teshera previously served as Vice President of Consumer Acquisition and Growth at AT&T, bringing over 17 years of marketing experience, which is expected to enhance Hagerty's marketing execution capabilities.
See More
Hagerty Elevates Marc Burns to CMO and Appoints Matt Teshera as SVP of Marketing
- Executive Appointments: Hagerty has promoted Marc Burns to Chief Marketing Officer and appointed Matt Teshera as Senior Vice President of Marketing, aiming to enhance brand impact and member experience through integrated marketing strategies.
- Brand Strategy: Burns will focus on increasing brand awareness and member relationships, while Teshera will be responsible for developing marketing strategies that drive personalized and tiered membership experiences, enhancing member value and loyalty.
- Market Execution: Teshera, previously Vice President of Consumer Acquisition and Growth at AT&T with over 17 years of marketing experience, is expected to bring efficient marketing execution capabilities to Hagerty, further driving business growth.
- Membership Ecosystem: Hagerty protects 2.7 million vehicles and is dedicated to providing innovative insurance products and rich member experiences, with the new executive appointments poised to help the company stand out in a competitive market.
See More
Hagerty Launches Automotive Enthusiast Channel on Prime Video
- Channel Launch: Hagerty has launched a free ad-supported automotive enthusiast channel on Prime Video, marking a significant step in making its content accessible through thousands of compatible devices, thereby enhancing brand reach and user experience.
- Rich Content: The channel offers 24/7 programming featuring hundreds of hours of high-quality original content with new episodes released weekly, aimed at attracting more car enthusiasts and strengthening brand loyalty.
- Audience Reach: Hagerty's video content has garnered over 785 million views, showcasing its extensive influence among automotive enthusiasts, while also being available on Hagerty.com and YouTube, further expanding brand visibility.
- Market Positioning: Hagerty protects 2.7 million vehicles and is committed to enhancing the driving experience for enthusiasts through innovative insurance products and engaging media events, thereby solidifying its leadership in automotive culture.
See More
Hagerty Launches Automotive Channel on Prime Video
- Channel Launch: Hagerty has launched a free automotive enthusiast ad-supported channel on Prime Video, marking a significant expansion of its content availability across thousands of compatible devices, thereby enhancing its influence in automotive culture.
- Rich Content: The channel offers 24/7 high-quality original programming with hundreds of hours of content, updated weekly, aimed at attracting more car enthusiasts and increasing user engagement and brand loyalty.
- Audience Engagement: Programs like 'ICONS' and 'Barn Find Hunter' have garnered over 785 million views, showcasing Hagerty's strong impact in the automotive media space and the high demand for its content.
- Brand Positioning: By offering innovative insurance products and engaging media content, Hagerty protects 2.7 million vehicles, further solidifying its leadership in the automotive enthusiast community and driving long-term growth and market expansion.
See More
