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Hagerty to Report Fourth Quarter 2025 Results and Host Conference Call on Thursday, February 26, 2026
Prnewswire· 2026-02-12 21:15
Group 1 - Hagerty, Inc. will report its fourth quarter 2025 financial results on February 26, 2026, before the market opens [1] - A conference call to discuss the financial results will be held at 10:00 am Eastern Time on the same day, with a live webcast available on the investor relations website [1] - The company protects 2.7 million vehicles across the United States, Canada, and the UK, focusing on enhancing the experience for driving enthusiasts [1] Group 2 - Hagerty offers innovative insurance products, live and digital auctions, and engaging media and events to support car enthusiasts [1] - The Hagerty Drivers Club is noted as the world's largest community of car lovers [1]
Hagerty Channel Debuts on Prime Video
Prnewswire· 2026-02-09 22:00
Featuring Award-Winning Automotive StorytellingTRAVERSE CITY, Mich., Feb. 9, 2026 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY) announced today the launch of the brand's automotive enthusiast free ad-support (FAST) channel on Prime Video. Programming is live today, making Hagerty content available through Prime Video on thousands of compatible devices. Continue Reading Hagerty Channel Debuts on Prime Video Featuring Award-Winning Automotive Storytelling "The Hagerty channel is another exampl ...
Hagerty Elevates Marc Burns to CMO and Appoints Matt Teshera as SVP of Marketing
Prnewswire· 2026-02-09 20:56
TRAVERSE CITY, Mich., Feb. 9, 2026 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY) a business that makes it easier and more enjoyable to be a driving enthusiast through insurance, buying and selling platforms, publishing and events, has promoted Marc Burns to Chief Marketing Officer, and appointed Matt Teshera as SVP of Marketing. Continue Reading Hagerty Appoints Matt Teshera as SVP of Marketing In this newly created role, Burns will be responsible for growing new and deepening existing membe ...
BROAD ARROW BRINGS THE ULTIMATE MILLENNIUM-ERA GARAGE LINEUP TO THE 2026 AMELIA AUCTION DURING THE AMELIA CONCOURS
Globenewswire· 2026-02-09 18:57
Broad Arrow set to offer highly desirable performance cars of the 1990s and 2000s at its upcoming Amelia Auction | Set for March 6-7 at the Ritz-Carlton, Amelia Island, the two-day sale is the official auction of the renowned Amelia Concours | Lineup led by pair of rarities; a 1996 Nissan NISMO 400R of Gran Turismo lore and a potent 2006 Mercedes-Benz CLK DTM AMG Cabriolet | Additional highlights include a 1993 Jaguar XJ220, a 2001 RUF RGT, a 1997 Mercedes-Benz SL 70 AMG, a 1997 Porsche 911 Carrera 4S, and ...
Beacon College President George J. Hagerty Announces Plans to Retire in June 2027
Globenewswire· 2026-02-05 19:47
Core Insights - Dr. George J. Hagerty will retire at the end of the 2026–27 academic year after a transformative 13-year tenure at Beacon College, marked by record enrollment and significant campus improvements [1][2] - Under Hagerty's leadership since 2013, Beacon College has achieved record enrollment, modernized its campus, and enhanced its academic programs, solidifying its reputation as a leading institution for students with learning differences [2][3] - The college has maintained a strong financial position with modest debt, supported by strategic stewardship and robust philanthropic contributions [2] Institutional Achievements - During Hagerty's tenure, Beacon College completed multiple campus renewal projects, expanded residential and academic facilities, and strengthened student life programming [3] - The college has secured major gifts that have fueled growth and long-term sustainability [3] - Beacon College has been recognized for its commitment to accommodating students with learning differences, being named to the inaugural Forbes Accessibility 100 list [8] Recognition and Future Outlook - The college has received national and regional acclaim, including top 25 rankings in U.S. News & World Report's Regional Colleges (South) for the last four years [9] - It has also been recognized as the No. 1 institution in Peterson's Guide "20 Great Colleges for Students with Learning Disabilities" and Best Value Schools' "The 20 Best Value Colleges for Learning Disabilities" [9] - The Board of Trustees will initiate a national search for Hagerty's successor, ensuring the institution's mission-driven focus continues [4][5]
BROAD ARROW CELEBRATES SUCCESS OF ITS GLOBAL ICONS: ONLINE AUCTION SERIES
Globenewswire· 2026-02-03 08:30
Core Insights - The inaugural Broad Arrow Global Icons online auction series achieved total sales of €18.3 million with a sell-through rate of 90 percent, attracting nearly 800 registered bidders from 35 countries [1][3][14] - The highlight of the auction was the sale of Michael Schumacher's 1992 Benetton B192 Formula One car for €5.082 million, marking its first public sale [2][8] - Other notable sales included a 1971 Lamborghini Miura P400 S for €1.716 million and a 2003 Ferrari 360 Challenge Stradale, which set a European auction record for the model at €561,000 [5][6][21] Auction Performance - The auction series consisted of three parts: Global Icons: Europe Online, Global Icons: UK Online, and Global Icons: Memorabilia Online, with the latter featuring over 100 exclusive items [1][11] - The online platform facilitated global participation, allowing collectors to bid on iconic cars and memorabilia from prestigious locations [3][14] - The auction series is seen as a successful start to the 2026 European collector car auction calendar, with future events planned [14][18] Notable Sales - The 2003 Ferrari 360 Challenge Stradale achieved a sale price of €561,000, exceeding its upper estimate [3] - A 1964 ASA 1000 GT Berlinetta sold for €79,750, while a 1990 Ferrari Mondial t Cabriolet sold for €99,000, exceeding its high auction estimate by 52 percent [4][6] - The memorabilia auction featured a replica of Ayrton Senna's 1988 McLaren helmet, which sold for €55,625, and a rear wheel from Senna's 1990 McLaren, which sold for €33,750 [11][12]
BROAD ARROW CELEBRATES SUCCESS OF ITS GLOBAL ICONS: ONLINE AUCTION SERIES
Globenewswire· 2026-02-03 08:30
Core Insights - Broad Arrow Auctions, a Hagerty company, successfully conducted its Global Icons: Online auction series, generating over €18.3 million with 90% of lots sold, attracting nearly 800 bidders from 35 countries [1][11] Auction Highlights - The standout item was the 1992 Benetton B192-05, sold for €5.082 million, marking its first public sale [2][3] - A 2003 Ferrari 360 Challenge Stradale set a European auction record for the model, selling for €561,000, exceeding its upper estimate [3] - Other notable sales included a 1971 Lamborghini Miura P400 S for €1.716 million and a 1986 Lamborghini Countach 5000 QV for €792,000 [5][17] Memorabilia Sales - The memorabilia auction featured items related to Ayrton Senna, with a replica helmet selling for €55,625 and a rear wheel from his 1990 McLaren selling for €33,750 [8][9] Future Events - Following the success of the Global Icons: Online auction series, the company is preparing for The Amelia Auction on March 6-7, 2026, and the next European auction in May at Concorso d'Eleganza Villa d'Este [11]
Why Hagerty (HGTY) is Poised to Beat Earnings Estimates Again
ZACKS· 2026-02-02 18:11
Core Insights - Hagerty, Inc. (HGTY) has a strong track record of beating earnings estimates, with an average surprise of 31.31% over the last two quarters [1][2] Earnings Performance - For the last reported quarter, Hagerty achieved earnings of $0.13 per share, exceeding the Zacks Consensus Estimate of $0.09 per share, resulting in a surprise of 44.44% [2] - In the previous quarter, the company was expected to report earnings of $0.11 per share but delivered $0.13 per share, leading to a surprise of 18.18% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Hagerty, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5] - The current Earnings ESP for Hagerty is +14.29%, suggesting that analysts are optimistic about the company's earnings prospects [8] - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) indicates a high probability of another earnings beat [8] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7]
Hagerty Executive Sells 50k Shares Through His Company
The Motley Fool· 2026-02-02 08:18
Core Insights - Kenneth Ahn, President of Hagerty Marketplace, sold 50,000 shares of Hagerty, Inc. for approximately $620,500, which was part of a pre-planned trading strategy [1][6] - The company reported a record net income of $20.85 million in Q3 2025, marking a 327% year-over-year increase [7] - Hagerty's stock price increased by approximately 38% in 2025, indicating strong market performance [10] Transaction Summary - The transaction involved the sale of 50,000 shares at a value of $620,500, with a post-transaction direct ownership of 113,593 shares valued at $1.42 million [2] - The sale was executed under a Rule 10b5-1 trading plan, indicating it was pre-scheduled and not a discretionary decision [6] Company Overview - Hagerty is a specialty insurance and automotive lifestyle company, generating revenue primarily through insurance premiums, subscriptions, event fees, and ancillary services [5] - The company reported a total revenue of $1.36 billion and a net income of $33.32 million for the trailing twelve months [4] Unique Business Model - Hagerty differentiates itself from typical insurance companies by offering unique insurance policies for luxury vehicles and providing a subscription service, Hagerty Drivers Club, which includes various member benefits [8] Ownership Impact - The sale of shares eliminated all of Ahn's indirect equity exposure in Hagerty while maintaining his direct holdings [9] - The shares sold were previously held as Released Units of The Hagerty Group, LLC, which were converted into Class A Common Stock [9]
The Amelia Concours-Winning 1938 Alfa Romeo 8C Earns The Peninsula Classics Best of the Best Award 2025
Prnewswire· 2026-01-27 18:48
Core Insights - The Peninsula Classics Best of the Best Award recognizes significant automobiles and their stewards, with the 2025 award announced at a private ceremony in The Peninsula Paris [1] Group 1: Award Details - The 2025 award was given to the 1938 Alfa Romeo 8C 2900B, which is noted as the pinnacle of prewar performance engineering and the fastest Italian automobile of its era [3] - The award ceremony highlighted the importance of performance, design, and craftsmanship in automobiles, as emphasized by McKeel Hagerty, CEO and Chairman of Hagerty [3] Group 2: Event Information - The Amelia Concours will take place from March 5–8, 2026, featuring various events including Concours d'Elegance, RADwood, and a Broad Arrow Auction [3][5] - The Amelia Concours has donated over $4 million to charitable organizations since its inception in 1996, showcasing its commitment to philanthropy [5] Group 3: Company Background - Hagerty, Inc. protects 2.7 million vehicles across the United States, Canada, and the UK, providing innovative insurance products and engaging events for car enthusiasts [6]