Hagerty Inc.'s stock reached a 52‑week high of $14.05, marking a 12.25% increase over the past year and a 36% return in the last six months.
The rally followed the company's second‑quarter 2026 results, which showed a 19% rise in written premiums and an adjusted loss of $0.02 per share, better than the $0.08 loss expected by analysts.
Valuation metrics show the shares trading at a price‑to‑earnings ratio of about 85, and four analysts have raised their earnings forecasts for the coming period.
Hagerty Holding Corp. also disclosed plans for a secondary public offering of 8.25 million Class A shares, with an option for underwriters to buy up to an additional 1.2375 million shares within 30 days.
