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Hagerty, Inc. (HGTY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-07-28 15:06
Hagerty, Inc. (HGTY) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 4. ...
The Amelia Names Dario Franchitti MBE as 2026 Honoree, Unveils Weekend Schedule Featuring Saturday Concours Celebration
Prnewswire· 2025-07-28 13:00
TRAVERSE CITY, Mich., July 28, 2025 /PRNewswire/ -- The Amelia, a leading global concours weekend known for its racing roots and luxurious setting at the beautiful Ritz-Carlton, Amelia Island, today announces Dario Franchitti MBE as honoree for 2026. A revered name in motorsport, Franchitti's passion for driving excellence, deep roots in international racing and continued work as a car culture ambassador make him a special addition to The Amelia's world-class roster of honorees. Franchitti's celebrated raci ...
Can Hagerty (HGTY) Run Higher on Rising Earnings Estimates?
ZACKS· 2025-07-25 17:21
Hagerty, Inc. (HGTY) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.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 an ...
MASERATI MC12 STRADALE SUPERCAR LEADS BROAD ARROW’S MONTEREY JET CENTER AUCTION OFFERING
Globenewswire· 2025-07-24 17:16
Core Insights - Broad Arrow Auctions, a Hagerty company, is set to host its flagship Monterey Jet Center Auction on August 13-14, 2025, featuring a highly desirable 2005 Maserati MC12 Stradale, estimated between $4.8 million and $5.5 million [1][2][3] Auction Highlights - The auction will present 170 lots, showcasing a variety of collector cars across active market segments, including modern supercars, post-war classics, and rising JDM icons [4][5] - Notable supercar entries include the 2008 Koenigsegg CCXR (Estimate: $2.75 million - $3.5 million), 2018 Bugatti Chiron (Estimate: $3 million - $3.5 million), and 1991 Ferrari F40 (Estimate: $3.35 million - $3.5 million) [6][8] - The auction will also feature significant track-focused vehicles, such as the 1959 Porsche 718 RSK Spyder (Estimate: $3.5 million - $4 million) [10] Market Trends - The current collector car market is seeing younger buyers who prioritize performance and usability, seeking rare and high-quality vehicles [5] - The Japanese Domestic Market (JDM) segment is gaining traction, with a rare 1999 Nissan Skyline CRS GT-R V-Spec by NISMO leading the offerings (Estimate: $700,000 - $850,000) [13] - The post-war classic car segment remains a staple, highlighted by a 1967 Ferrari 275 GTB/4 (Estimate: $2.5 million - $3 million) [14] Company Background - Broad Arrow Auctions is recognized as a leading global collector car auction house, having rapidly expanded its presence since its founding in 2021 [18] - The company is known for its high-quality offerings and has established flagship events, including the Monterey Jet Center Auction and others in collaboration with prestigious automotive events [18]
MASERATI MC12 STRADALE SUPERCAR LEADS BROAD ARROW'S MONTEREY JET CENTER AUCTION OFFERING
GlobeNewswire News Room· 2025-07-24 17:16
Core Insights - Broad Arrow Auctions, a Hagerty company, is set to host its flagship Monterey Jet Center Auction on August 13-14, 2025, featuring a landmark 2005 Maserati MC12 Stradale with an estimated value of $4.8 million to $5.5 million [1][2] Auction Highlights - The auction will present 170 lots, showcasing a variety of highly desirable collector cars, including modern supercars, post-war classics, and JDM icons [4][5] - The Maserati MC12 Stradale is noted for its rarity, with only 50 units produced, and is based on the Ferrari Enzo, featuring a competition-purpose body and a powerful 6.0-liter V12 engine [2][3] Supercar Segment - Additional supercar highlights include: - 2008 Koenigsegg CCXR (Estimate: $2.75 million - $3.5 million) - 2018 Bugatti Chiron (Estimate: $3 million - $3.5 million) - 1991 Ferrari F40 (Estimate: $3.35 million - $3.5 million) - 1968 Lamborghini Miura P400 (Estimate: $2 million - $2.4 million) [6] Track Stars - The auction features notable racing cars, including a 1959 Porsche 718 RSK Spyder (Estimate: $3.5 million - $4 million), which has a rich racing history and is eligible for prestigious vintage racing events [7] JDM Icons - The auction highlights the growing market for Japanese Domestic Market collector cars, featuring a rare 1999 Nissan Skyline CRS GT-R V-Spec by NISMO (Estimate: $700,000 - $850,000) [8] Post-War Classics - Key post-war classic offerings include: - 1967 Ferrari 275 GTB/4 (Estimate: $2.5 million - $3 million) - 1965 Ferrari 275 GTB (Estimate: $2.5 million - $2.8 million) - 2009 Mercedes-Benz SLR McLaren Prototype "Stealth" (Estimate: $1 million - $1.25 million) [9][10] Event Details - The auction will take place at The Monterey Jet Center in California, coinciding with Motorlux, attracting thousands of collectors and enthusiasts [14]
Hagerty Announces LOI for New Fronting Arrangement with Markel; Hagerty Re to Assume 100% of the Premium
Prnewswire· 2025-07-24 10:50
Core Viewpoint - Hagerty, Inc. has entered into a non-binding letter of intent with Markel to assume 100% of the underwriting and investment economics, with an initial fronting fee of 2% to Markel, decreasing based on policy volume starting January 1, 2026 [1][2] Company Overview - Hagerty, Inc. is a leading specialty vehicle insurance provider and automotive enthusiast brand, committed to preserving driving culture for future generations [4] - The company serves approximately 67 million Americans who identify as car enthusiasts and operates in Canada and the U.K. [4] - Hagerty has a community of nearly 890,000 members in the Hagerty Drivers Club [4] Proposed Arrangement Details - The new fronting arrangement allows Hagerty to control 100% of the premium from its high-quality underwriting, enhancing profitability and operational control without disrupting policyholders [2] - The arrangement is subject to regulatory approval and the negotiation of definitive documentation [6]
BROAD ARROW TO AUCTION DESIRABLE ASTON MARTIN ZAGATO DBZ CENTENARY COLLECTION IN MONTEREY
Globenewswire· 2025-07-22 13:35
AUGUST 13-14 AUCTION TO FEATURE EXTREMELY RARE ASTON MARTIN DB4 GT ZAGATO CONTINUATION AND DBS GT ZAGATO | JUST 19 PAIRINGS WERE BUILT AND SOLD TOGETHER IN 2019 | THE CARS CELEBRATE OVER SIXTY YEARS OF COLLABORATION BETWEEN ASTON MARTIN AND ZAGATO The extremely rare Aston Martin DBZ Centenary Collection pairing to be offered at Broad Arrow’s Monterey Jet Center Auction on August 13-14, 2025 Credit - Ryan Merrill / Courtesy of Broad Arrow Auctions DB4 GT Zagato Continuation to be offered from the DBZ Cen ...
Hagerty to Report Second Quarter 2025 Results and Host Conference Call on Monday, August 4, 2025
Prnewswire· 2025-07-21 20:15
Core Insights - Hagerty, Inc. will report its second quarter 2025 financial results on August 4, 2025, before market opens [1] - A conference call to discuss the financial results will take place at 10:00 am Eastern Time on the same day, with a live webcast available [2] Company Overview - Hagerty is a leading specialty vehicle insurance provider and an automotive enthusiast brand, dedicated to preserving driving culture for future generations [3] - The company offers specialty vehicle insurance, car valuation data, auction services, and automotive entertainment for approximately 67 million car enthusiasts in the U.S. [3] - Hagerty operates in Canada and the U.K. and has a community of nearly 890,000 members in the Hagerty Drivers Club [3]
Hagerty Family Books Announces the Release of Cabal, the Second in the Dane Cooper Series
GlobeNewswire News Room· 2025-07-17 17:30
Core Points - The article announces the release of "Cabal," the sequel to the award-winning book "Jones Point" by author Sean Hagerty [1] - "Cabal" continues the story of Dane Cooper, a Special Operations soldier, as he searches for his abducted daughter while navigating a dangerous network of criminals and law enforcement [3][4] - The narrative involves a group called The Cabal, consisting of grieving parents who take justice into their own hands, leading to high-stakes confrontations with sex traffickers and law enforcement [4][5] Summary by Sections Book Release - "Cabal" is now available for purchase and follows the success of "Jones Point," which won 1st place in the 2024 Chanticleer International Book Awards for Suspense and Thrillers [1] Plot Overview - The story revolves around Dane Cooper, who is drawn into a dark world after his daughter is kidnapped, leading him to join The Cabal, a group of parents seeking vengeance against those who harm children [3][4] - The plot includes various operations, such as an assault on sex traffickers and a military operation in Somaliland, showcasing the lengths to which Dane and The Cabal will go to protect children [4] Character Dynamics - The members of The Cabal face increasing danger as they are targeted by a mysterious killer, creating a sense of urgency as they work to protect each other [5] - The narrative highlights the tension between the vigilante actions of The Cabal and the investigations by law enforcement, particularly an FBI task force [4][5] Author Background - Sean Hagerty, the author, has over 25 years of experience in Special Operations and currently serves as a Senior Advisor for the Department of Defense Science Board [6][7] - His military background and research experience contribute to the authenticity and depth of the story [8]
Will Hagerty (HGTY) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-07-16 17:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Hagerty, Inc. (HGTY) , which belongs to the Zacks Insurance - Property and Casualty industry.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 200.00%, on average, in the last two quarters.For the most recent quarter, Hagerty was expected to post earnings of $0 ...