Hagerty Competitors

HGTY Stock

USD 10.06 -0.24 -2.33%

HGTY conducts business in the Financials industry (Insurance sector). Mercury General, Aspen Insurance, Selective Insurance, FG Annuities, and CNO Financial and other firms are used as comparison peers for Hagerty. Hagerty's dividend payout versus peers highlights whether the yield is sustainable or stretched.

Correlation: Hagerty vs Texas Capital View

Poor diversification

Across the chosen horizon, Hagerty and Texas Capital show a correlation of 0.6 and fall into the Poor diversification bucket. The overlap area shows the portion of risk diversified away by holding both instruments together.

Related Assets

0.75	AXP	American Express	Pair Corr
0.79	MMM	3M Company	Pair Corr

Diversification Candidates

0.52	CVX	Chevron Corp	Pair Corr
0.36	INTC	Intel Buyout Trend	Pair Corr
0.31	XOM	Exxon Mobil Corp	Pair Corr

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The concept of mean reversion suggests that Hagerty's price will eventually return toward its long-run average. Positions sized too aggressively against the trend often suffer sustained losses before reversion occurs in Hagerty. The mean reversion framework for Hagerty is built on the premise that markets are not perfectly efficient.

Sentiment

Range

Low	Sentiment	High
7.94	10.12	12.30

Details

Intrinsic

Valuation

Low	Intrinsic	High
9.05	17.69	19.87

Details

Naive

Forecast

Low	Next	High
8.32	10.51	12.69

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
9.93	10.61	11.30

Details

Hagerty's financial and valuation profile is evaluated here relative to direct competitors. Hagerty's multiples and operating metrics gain context when measured against direct competitors. Growth rates, profitability, and capital efficiency relative to peers frame Hagerty's competitive position.

Hagerty Competition Correlation Matrix

Reviewing how Hagerty moves relative to competing stocks can show whether peer exposure is reducing portfolio risk or simply repeating the same market bet. This matrix is most informative when seeking to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	MCY	AHL	SIGI	FG	CNO	AGO	TFSL	CRVL	PJT	TCBI
MCY		-0.19	0.5	0.67	0.84	-0.11	0.68	0.48	0.63	0.55	MCY
AHL	-0.19		0.68	0.09	0.06	0.72	0.14	-0.8	0.38	0.4	AHL
SIGI	0.5	0.68		0.55	0.66	0.57	0.65	-0.35	0.81	0.77	SIGI
FG	0.67	0.09	0.55		0.78	-0.11	0.78	0.14	0.68	0.75	FG
CNO	0.84	0.06	0.66	0.78		-0.01	0.86	0.35	0.76	0.72	CNO
AGO	-0.11	0.72	0.57	-0.11	-0.01		0.0	-0.65	0.32	0.3	AGO
TFSL	0.68	0.14	0.65	0.78	0.86	0.0		0.18	0.81	0.83	TFSL
CRVL	0.48	-0.8	-0.35	0.14	0.35	-0.65	0.18		-0.06	-0.15	CRVL
PJT	0.63	0.38	0.81	0.68	0.76	0.32	0.81	-0.06		0.9	PJT
TCBI	0.55	0.4	0.77	0.75	0.72	0.3	0.83	-0.15	0.9		TCBI
	MCY	AHL	SIGI	FG	CNO	AGO	TFSL	CRVL	PJT	TCBI

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High positive correlations

TCBI	+ 0.9	PJT
TFSL	+ 0.86	CNO
CNO	+ 0.84	MCY
TCBI	+ 0.83	TFSL
PJT	+ 0.81	SIGI
PJT	+ 0.81	TFSL

High negative correlations

CRVL	- 0.8	AHL
CRVL	- 0.65	AGO
CRVL	- 0.35	SIGI
AHL	- 0.19	MCY
TCBI	- 0.15	CRVL
AGO	- 0.11	FG

Risk-Adjusted Indicators

Evaluating Hagerty Stock requires separating price momentum from underlying operating strength versus competitors. Risk-adjusted metrics help compare Hagerty's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
MCY	1.44	0.14	0.06	0.20	2.12	-1.43	2.34	-2.63	12.12
AHL	3.38	-1.12	0.00	1.32	0.00	0.00	4.00	-3.74	97.73
SIGI	1.24	-0.06	0.00	-0.16	0.00	0.00	2.60	-2.42	10.95
FG	2.20	0.06	0.02	0.05	3.64	-1.93	4.51	-6.50	16.20
CNO	1.06	0.13	0.07	0.14	1.61	-1.03	2.19	-2.91	10.01
AGO	1.00	-0.21	0.00	-0.36	0.00	0.00	1.50	-2.40	5.62
TFSL	1.05	0.09	0.07	-0.61	1.33	-1.26	2.37	-2.29	8.17
CRVL	1.44	0.27	0.14	-0.93	1.74	-1.53	3.09	-2.53	7.78
PJT	1.33	-0.07	0.00	-0.07	0.00	0.00	3.22	-2.79	8.73
TCBI	1.32	-0.07	0.00	-0.06	0.00	0.00	2.34	-3.45	9.70

Hagerty Competitive Analysis

Placing Hagerty next to Mercury General, Aspen Insurance, and Selective Insurance puts raw numbers into competitive context. A 3.46 B valuation paired with 1.46 B in revenue sets the baseline. Profitability stands at a 2.85% net margin with return on equity reaching 20.91%. Profit margins tilt toward Mercury General at 13.69% against Hagerty at 2.85%. Aspen Insurance leads on revenue, 3.12 B to 1.46 B. Hagerty leads with 20.91% return on equity versus 13.27% for Selective Insurance.

Better Than Average

Worse Than Peers

View Performance Chart

	HGTY	MCY	AHL	SIGI	FG	CNO	AGO
	2.33 10.06 Hagerty	1.69 99.67 Mercury General	0.79 1.25 Aspen Insurance	0.11 84.78 Selective	4.51 28.30 FG Annuities	0.26 46.02 CNO Financial	8.95 75.05 Assured Guaranty
Market Volatility (90 Days Market Risk)	Low	Very Low	Stable	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Weak	Contained	Weak	Weak	Soft	Moderate	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Moderate	Low	Low
Current Valuation (Equity Enterprise Value)	Below Model Estimate	Below Model Estimate	Above Model Estimate	Below Model Estimate	Below Model Estimate	Below Model Estimate	Below Model Estimate
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Buy	Hold	Hold	Buy
Trade Advice (90 Days Macroaxis Advice)	Sell	Strong Hold	Strong Sell	Strong Hold	Strong Sell	Strong Buy	Hold
Return On Asset TTM	0.0592	0.0706	0.0183	0.0266	0.0055	0.0104	0.0193
Total Asset TTM	2.07 B	9.56 B	16.31 B	14.13 B	98.43 B	38.79 B	12.18 B
Net Income TTM	49.02 M	541.09 M	340.2 M	466.41 M	271 M	229.3 M	503 M
Total Debt TTM	232.57 M	586.86 M	12.68 B	1.01 B	2.24 B	4.05 B	1.7 B
Retained Earnings TTM	-402.96 M	2.32 B	2.32 B	3.5 B	2.57 B	2.42 B	5.83 B
Current Liabilities TTM	N/A	N/A	N/A	N/A	8.53 M	N/A	N/A
Net Asset	2.07 B	9.56 B	16.31 B	14.13 B	98.43 B	38.79 B	12.18 B
Current Ratio TTM	1.45 X	0.69 X	0.72 X	0.33 X	1.49 X	2.55 X	0.81 X
Price To Book TTM	4.63 X	2.05 X	1.24 X	1.47 X	0.78 X	1.62 X	0.65 X
Current Valuation	1.04 B	4.55 B	2 B	6.07 B	4.54 B	7.37 B	4.99 B
Five Year Return	N/A	5.07 %	1.89 %	1.29 %	N/A	2.27 %	1.88 %
Cash And Equivalents TTM	180.16 M	462.13 M	2.42 B	289.62 M	1.49 B	983.5 M	1.44 B
Number Of Employees	1.89 K	4.38 K	1.13 K	2.8 K	1.17 K	3.3 K	367
Shares Outstanding	101.79 M	55.39 M	91.84 M	59.87 M	132.48 M	93.35 M	44.86 M
Debt To Equity TTM	0.30 %	0.24 %	15.90 %	0.19 %	1.07 %	1.76 %	0.33 %
Annual Yield	N/A	0.0132	N/A	0.0197	0.0353	0.0157	0.0185
Current Asset TTM	N/A	N/A	N/A	N/A	2.8 M	N/A	N/A
Trailing Beta	0.83	0.94	-0.14	0.31	1.34	0.83	0.81
Return On Equity TTM	0.21	0.38	0.14	0.13	0.12	0.0976	0.0958
Profit Margin TTM	0.0285	0.14	0.14	0.0839	0.0889	0.0544	0.6
Number Of Shares Shorted	789.69 K	1.83 M	1.56 M	1.19 M	2.56 M	4.21 K	1.47 M
Price To Sales TTM	2.37 X	0.88 X	1.08 X	0.94 X	0.62 X	0.95 X	4.05 X
Book Value Per Share TTM	2.20 X	43.64 X	30.21 X	56.58 X	34.88 X	26.64 X	125.39 X
Target Price	13.29	110.0	37.5	88.29	27.0	47.5	102.33
Last Dividend Paid	N/A	1.27	0.96	1.62	0.72	0.51	N/A
Shares Owned By Institutions	89.60 %	47.88 %	99.05 %	88.55 %	94.92 %	97.01 %	95.16 %
EBITDA TTM	176.71 M	767.26 M	493.7 M	671.59 M	1.15 B	524.3 M	751 M
Price To Earnings TTM	N/A	5.34 X	N/A	17.00 X	4.64 X	6.89 X	14.95 X
Price To Earnings To Growth	0.23 X	1.11 X	1.95 X	0.28 X	0.38 X	1.29 X	0.33 X
Gross Profit TTM	907.41 M	1.55 B	1.12 B	1.18 B	2.09 B	1.76 B	754 M
Market Capitalization TTM	3.46 B	5.43 B	3.44 B	5.08 B	3.75 B	4.3 B	3.37 B
Earnings Per Share	0.24 X	15.17 X	6.80 X	7.31 X	3.86 X	2.56 X	8.73 X
Short Ratio TTM	4.65 X	8.78 X	5.80 X	2.16 X	3.46 X	0.01 X	5.20 X
Operating Margin TTM	0.19	0.16	0.18	0.1	0.31	0.0965	0.12
Cash Per Share TTM	2.18 X	8.35 X	40.55 X	4.80 X	3.64 X	6.70 X	23.31 X
Working Capital TTM	N/A	N/A	N/A	N/A	-5.73 M	N/A	N/A
Shares Owned By Insiders	6.16 %	52.00 %	0.95 %	0.78 %	2.68 %	2.39 %	6.86 %
Revenue TTM	1.46 B	5.99 B	3.12 B	5.34 B	5.73 B	4.49 B	788 M
Cash Flow From Operations TTM	218.99 M	1.09 B	439 M	1.23 B	4.68 B	675.7 M	259 M
Day Typical Price	10.02	99.3	1.24	84.51	27.99	45.9	76.26
Accumulation Distribution	0.0573	0.0286	0.016	0.0237	0.048	0.0136	0.0675
Market Facilitation Index	0.59	2.88	0.02	2.02	1.37	0.63	5.37
Daily Balance Of Power	-0.41	0.5764	-0.50	0.0446	0.8905	0.1905	-1.37
Period Momentum Indicator	-0.24	1.66	-0.01	0.09	1.22	0.12	-7.38
Rate Of Daily Change	0.98	1.02	0.99	1.0	1.05	1.0	0.91
Day Median Price	10.01	99.12	1.24	84.38	27.84	45.85	76.87
Price Action Indicator	-0.07	1.38	0.005	0.45	1.08	0.24	-5.51
Coefficient Of Variation	-738.55	1278.5	-1,105	-3,452	4425.98	1121.39	-754.44
Mean Deviation	1.78	1.44	3.38	1.24	2.2	1.06	1.0
Jensen Alpha	-0.31	0.1426	-1.12	-0.06	0.0628	0.1298	-0.21
Total Risk Alpha	-0.31	0.1454	-1.09	-0.06	0.0668	0.1312	-0.21
Sortino Ratio	N/A	0.0619	N/A	N/A	0.0164	0.0743	N/A
Downside Variance	N/A	5.35	N/A	N/A	14.42	3.06	N/A
Standard Deviation	2.23	1.93	12.23	1.8	3.1	1.55	1.56
Kurtosis	0.2123	7.09	61.58	7.69	1.42	3.13	14.71
Potential Upside	2.85	2.34	4.0	2.6	4.51	2.19	1.5
Treynor Ratio	-0.64	0.2048	1.32	-0.16	0.0456	0.1369	-0.36
Maximum Drawdown	10.52	12.12	97.73	10.95	16.2	10.01	5.62
Variance	4.96	3.73	149.52	3.22	9.58	2.39	2.42
Market Risk Adjusted Performance	-0.63	0.2148	1.33	-0.15	0.0556	0.1469	-0.35
Risk Adjusted Performance	-0.12	0.0804	-0.08	-0.02	0.0287	0.0897	-0.12
Skewness	-0.48	-1.76	-7.71	1.71	-0.62	-0.31	-2.94
Semi Deviation	N/A	2.12	N/A	N/A	3.64	1.61	N/A
Information Ratio	-0.14	0.0741	-0.09	-0.03	0.0201	0.0841	-0.14
Value At Risk	-4.45	-2.63	-3.74	-2.42	-6.50	-2.91	-2.40
Expected Short fall	N/A	-1.43	N/A	N/A	-1.93	-1.03	N/A
Downside Deviation	N/A	2.31	N/A	N/A	3.8	1.75	N/A
Semi Variance	N/A	4.51	N/A	N/A	13.28	2.59	N/A

Hagerty Competition Peer Performance Charts

How to Analyze Hagerty Against Peers

Hagerty's peer analysis compares Hagerty with related companies to put valuation, quality, and risk metrics in context. This establishes whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether Hagerty trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where Hagerty leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

Insider ownership at Hagerty is higher than at most peers, which can align management incentives with shareholder interests. Customer concentration risk differs across Hagerty's peer group, which affects earnings stability in a downturn. Competition analysis enriches price action by grounding it in relative fundamentals. For peer comparison, Hagerty has a market cap of 3.46 billion, profit margin of 2.85%.

Hagerty figures are aggregated from periodic company reporting and market reference feeds and normalized across reporting formats. Professional analyst research is incorporated when coverage is available.

Editorial review and methodology oversight provided by: Raphi Shpitalnik, Junior Member of Macroaxis Editorial Board