NYSE$HGTY
Hagerty Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Hagerty reported strong growth and strategic advancements in Q2 2022.
Hagerty's Q2 2022 update highlights a strong focus on growth, customer satisfaction, and strategic partnerships. The company's written premium growth is accelerating, and its Net Promoter Score remains high. The acquisition of the remaining stake in Broad Arrow Group is expected to boost the Marketplace strategy.
- Hagerty's written premium growth for the first half of 2022 was 15%, exceeding the industry average.
- The company maintains an industry-leading Net Promoter Score of 82, demonstrating high customer satisfaction.
- Hagerty is partnering with State Farm to expand its customer base and leverage their network of agents.
- The acquisition of the remaining 60% of Broad Arrow Group is expected to drive the Marketplace strategy and be immediately accretive.
Headline financials
Revenue & EPS history
Hagerty · Revenue · Quarterly
$206M
Revenue by segment
Hagerty · $152M total across 2 segments · Q1 2022
- Earned premium$89.1M—58.8%
- Commission & fee$62.5M—41.2%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2022
+1.3%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+6.2%
Avg return
30 days after
58%
11 / 19 earnings
Positive
+10.0%
Q3 2023
Best reaction
-5.5%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.1% | -2.8% | +0.8% | |
| Q4 2025 | +4.3% | -8.9% | -10.6% | |
| Q3 2025 | -1.8% | +10.1% | +12.8% | |
| Q1 2025 | +7.0% | +6.0% | +12.8% | |
| Q4 2024 | -0.9% | -2.4% | -12.7% | |
| Q3 2024 | -5.5% | -5.8% | -5.9% | |
| Q2 2024 | -4.8% | -2.5% | +7.7% | |
| Q1 2024 | +1.7% | -2.2% | +8.5% | |
| Q4 2023 | +0.1% | -5.6% | -5.2% | |
| Q3 2023 | +10.0% | +9.2% | +10.1% | |
| Q2 2023 | +0.1% | +7.9% | +1.2% | |
| Q1 2023 | +5.1% | -2.3% | +1.1% | |
| Q4 2022 | -0.4% | +6.9% | +7.1% | |
| Q3 2022 | +7.6% | +1.5% | -1.5% | |
| Q2 2022 | +3.6% | +18.8% | +1.9% | |
| Q1 2022 | +1.3% | +10.7% | +32.7% | |
| Q4 2021 | -0.7% | -17.3% | -29.3% | |
| Q3 2021 | -0.1% | +0.0% | +82.9% | |
| Q2 2021 | +0.5% | -1.0% | +2.8% | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — |
Discussion
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