Critical Comparison: Hagerty (NYSE:HGTY) versus Kingstone Companies (NASDAQ:KINS)

Hagerty (NYSE:HGTYGet Free Report) and Kingstone Companies (NASDAQ:KINSGet Free Report) are both finance companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, earnings, analyst recommendations, risk, profitability, valuation and institutional ownership.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Hagerty and Kingstone Companies, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hagerty 0 4 5 0 2.56
Kingstone Companies 0 0 1 0 3.00

Hagerty presently has a consensus target price of $14.13, suggesting a potential upside of 12.15%. Given Hagerty’s higher possible upside, equities research analysts clearly believe Hagerty is more favorable than Kingstone Companies.

Valuation and Earnings

This table compares Hagerty and Kingstone Companies”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Hagerty $1.36 billion 3.17 $17.02 million $0.28 44.98
Kingstone Companies $200.55 million 1.08 $18.36 million $2.19 6.98

Kingstone Companies has lower revenue, but higher earnings than Hagerty. Kingstone Companies is trading at a lower price-to-earnings ratio than Hagerty, indicating that it is currently the more affordable of the two stocks.

Risk and Volatility

Hagerty has a beta of 0.89, suggesting that its stock price is 11% less volatile than the S&P 500. Comparatively, Kingstone Companies has a beta of 0.42, suggesting that its stock price is 58% less volatile than the S&P 500.

Profitability

This table compares Hagerty and Kingstone Companies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Hagerty 5.85% 16.85% 4.94%
Kingstone Companies 15.68% 33.69% 7.48%

Institutional & Insider Ownership

20.5% of Hagerty shares are owned by institutional investors. Comparatively, 14.9% of Kingstone Companies shares are owned by institutional investors. 16.7% of Hagerty shares are owned by insiders. Comparatively, 5.1% of Kingstone Companies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Hagerty beats Kingstone Companies on 8 of the 14 factors compared between the two stocks.

About Hagerty

(Get Free Report)

Hagerty, Inc. provides insurance agency services worldwide. It offers motor vehicle and boat insurance products; and reinsurance products. The company provides Hagerty Media, which publishes contents through the Hagerty Drivers Club Magazine (HDC), video content, and social media channels; HDC that offers subscription based products and services, including HDC Magazine, automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and special vehicle-related discounts. In addition, it offers HVT, a valuation tool used by the customer to access current and historic pricing data of collector vehicle models. Further, the company offers Hagerty Garage + Social, a platform that provides clubhouses and car storage facilities. Hagerty, Inc. is headquartered in Traverse City, Michigan.

About Kingstone Companies

(Get Free Report)

Kingstone Companies, Inc., through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies. In addition, it offers reinsurance products. The company underwrites its products through retail and wholesale agents and brokers. The company was formerly known as DCAP Group, Inc. and changed its name to Kingstone Companies, Inc. in July 2009. Kingstone Companies, Inc. was founded in 1886 and is headquartered in Kingston, New York.

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