Hagerty (HGTY) Gains from Investment Securities (2021 - 2024)

Hagerty (HGTY) posted Gains from Investment Securities of $1.9 million for Q2 2024, down 68.39% sequentially from $6.1 million in Q1 2024, and up 10.66% YoY from $1.8 million in Q3 2023.

Hagerty (HGTY) Gains from Investment Securities (2021 - 2024) Analysis & Trends

Hagerty has reported Gains from Investment Securities for 4 years, with the latest figure at $1.9 million in Q2 2024.

  • Quarterly Gains from Investment Securities rose 10.66% year-over-year to $1.9 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was -$5.7 million (up 57.05% YoY) and the FY2023 annual result came in at -$11.5 million, up 72.45% from the prior year.
  • Gains from Investment Securities slipped to $1.9 million in Q2 2024 per HGTY's latest filing, from $6.1 million in the prior quarter.
  • Over five years, Gains from Investment Securities peaked at $42.5 million in Q4 2021 and troughed at -$31.7 million in Q1 2022.
  • A 4-year average of -$257727.3 and a median of $515000.0 in 2023 frame the typical range for Gains from Investment Securities.
  • The sharpest annual moves came in 2023 and 2024: Gains from Investment Securities slumped 221.64% in 2023, then surged 1092.23% in 2024.
  • Over 4 years, Gains from Investment Securities stood at $42.5 million in 2021, then sank by 109.47% to -$4.0 million in 2022, then plunged by 221.64% to -$13.0 million in 2023, then surged by 114.97% to $1.9 million in 2024.
  • According to Business Quant data, Gains from Investment Securities over the past three periods registered $1.9 million, $6.1 million, and -$13.0 million for Q2 2024, Q1 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Chubb 134.91 Bn 121.15 Bn 9.13 Bn
2 Progressive 124.50 Bn 119.50 Bn 9.04 Bn
3 Travelers Companies 79.39 Bn 55.64 Bn 4.83 Bn
4 Allstate 67.57 Bn 28.84 Bn 16.28 Bn
5 Fairfax Financial Holdings 35.33 Bn 35.33 Bn -
6 Cincinnati Financial 26.77 Bn 24.87 Bn 2.39 Bn
7 Loews 23.28 Bn 977.98 Mn 2.57 Bn
8 Markel 23.18 Bn 6.29 Bn 2.83 Bn
9 Assurant 14.10 Bn 12.07 Bn 2.71 Bn
10 Hagerty 1.32 Bn 1.02 Bn 244.11 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 1.94 Mn
Jun 30, 2024 1.94 Mn
Mar 31, 2024 6.14 Mn
Mar 31, 2024 6.14 Mn
Dec 31, 2023 -12.96 Mn
Dec 31, 2023 -12.96 Mn
Sep 30, 2023 -850,000.00
Sep 30, 2023 -850,000.00
Jun 30, 2023 1.75 Mn
Jun 30, 2023 1.75 Mn
Mar 31, 2023 515,000.00
Mar 31, 2023 515,000.00
Dec 31, 2022 -4.03 Mn
Dec 31, 2022 -4.03 Mn
Sep 30, 2022 -11.58 Mn
Sep 30, 2022 -11.58 Mn
Jun 30, 2022 5.40 Mn
Jun 30, 2022 5.40 Mn
Mar 31, 2022 -31.70 Mn
Mar 31, 2022 -31.70 Mn