For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Hagerty, Inc. (HGTY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. According to our latest data, HGTY has moved about 40.8% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group ...

Barney Ruprecht, Senior Car Specialist and Head of Auctions for Broad Arrow Auctions states, "It gives me great pleasure to present the digital catalog for our upcoming Monterey Jet Center Auction. I am particularly proud of how our team worked so diligently on behalf of our clients to assemble our finest offering of motor cars at auction to date. From the historic 1913 Mercer 35-J Raceabout to the stunning 1938 Talbot-Lago T150 C Lago Spéciale Teardrop Coupé and the seminal 1997 Porsche 911 GT1 Rennversion ...

TRAVERSE CITY, Mich., July 23, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and a leading specialty vehicle insurance provider, today announced it will report its second quarter 2024 financial results before the market opens on Tuesday, August 6, 2024. Category: Financial A webcast replay of the call will be available at investor.hagerty.com following the call. Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live ...

Driving Is Alive and Well: Seventy-seven percent of Gen Z respondents said they either loved or liked driving, indicating a promising future not only for the auto industry, but also for the collector car community. Craving Classic Ownership: Respondents shared that they have either owned, or currently own a classic enthusiast vehicle, with Gen-Z and Millennials at 32% and 30%, respectively. SUVs Are Tops: SUVs are the most popular type of vehicle among respondents (38%), followed by sedans (26%) and pickup ...

Jakob Greisen, Senior Car Specialist for Broad Arrow Auctions states, "We are thrilled to have been entrusted with the sale of this spectacular part of Porsche history, offered from one of the best curated private Porsche collections in the world. This particular GT1 is an incredibly impressive example, not just because of its successful race history but also because it has lived a life mostly spared from serios damage or drama and it remains in exceptional overall condition. Impressively, the GT1 was colle ...

The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. Hagerty, Inc. (HGTY) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has bee ...

Grosse Pointe, Michigan, July 12, 2024 (GLOBE NEWSWIRE) -- 1913 Mercer 35-J Raceabout with Single Family Ownership Since 1959 Highlights Brass Era Brilliance at the Upcoming Broad Arrow Monterey Jet Center Auction The mighty Mercer Raceabout has long been celebrated as one of the ultimate examples among all automobiles of the Brass Era. Considered to predate the Ferrari GTO as the contemporary sports car of its kind by about five decades, today, Mercers, and most specifically, Raceabouts, remain one of the ...

Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is set to host its fourth and final U.S.-based auction for 2024 during the Chattanooga Motorcar Festival, featuring approximately 100 collector cars on October 12, 2024 [1][2] - Chattanooga is strategically located within a day's drive of nearly 80% of the continental U.S. population, making it a significant hub for car collectors [2] - The Chattanooga Motorcar Festival supports neuroscience research through the Fifty Plus Foundation, which has been active for nearly 13 years in supporting Alzheimer's and neuroscience research [7] Company Overview - Hagerty is a leading automotive enthusiast brand that provides specialty vehicle insurance, car valuation data, auction services, and automotive entertainment for over 67 million car enthusiasts in the U.S. [3] - Broad Arrow operates as an advisor and market maker for car collectors, emphasizing integrity and innovation in its services [6] - The company is committed to positive change through its Hagerty Impact initiative, which focuses on issues important to its community and stakeholders [3] Event Details - The Chattanooga Motorcar Festival will take place from October 11-13, 2024, and aims to bring together automotive enthusiasts while benefiting a charitable cause [5][8] - The festival is expected to attract significant consignment interest for the auction, highlighting the strong relationships Broad Arrow has with collectors in the region [2][8] - The next auction on Broad Arrow's calendar is the Monterey Jet Center Auction scheduled for August 14-15, 2024, featuring approximately 40 cars [9]

Byron DeFoor, Founder of the Chattanooga Motorcar Festival states, "It gives me great pleasure to welcome my automotive enthusiast friends to our beautiful city each October and this year, we could not be more pleased to welcome Broad Arrow and Hagerty to be an integral part of the event and witness the transformation that our city undergoes in preparation for the festivities. I am equally proud that our event will again benefit the Neuroscience Innovation Foundation (NIF). I am humbled by the opportunity t ...

Hagerty, Inc. (HGTY) shares rallied 6.3% in the last trading session to close at $10.11. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.4% gain over the past four weeks. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements ...