Hagerty (NYSE:HGTY) & Skyward Specialty Insurance Group (NASDAQ:SKWD) Head-To-Head Contrast

Hagerty (NYSE:HGTY) and Skyward Specialty Insurance Group (NASDAQ:SKWD) are both finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, earnings, valuation, institutional ownership, analyst recommendations, dividends and profitability.

Earnings & Valuation

This table compares Hagerty and Skyward Specialty Insurance Group”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Hagerty	$1.20 billion	3.44	$17.02 million	$0.20	60.27
Skyward Specialty Insurance Group	$1.15 billion	1.66	$118.83 million	$3.18	14.79

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

Volatility & Risk

Hagerty has a beta of 0.91, suggesting that its share price is 9% less volatile than the S&P 500. Comparatively, Skyward Specialty Insurance Group has a beta of 0.62, suggesting that its share price is 38% less volatile than the S&P 500.

Insider and Institutional Ownership

20.5% of Hagerty shares are owned by institutional investors. Comparatively, 94.8% of Skyward Specialty Insurance Group shares are owned by institutional investors. 16.7% of Hagerty shares are owned by insiders. Comparatively, 7.9% of Skyward Specialty Insurance Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Hagerty and Skyward Specialty Insurance Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hagerty	4.88%	13.76%	4.02%
Skyward Specialty Insurance Group	10.53%	16.40%	3.49%

Analyst Recommendations

This is a summary of current ratings and recommmendations for Hagerty and Skyward Specialty Insurance Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hagerty	1	2	2	0	2.20
Skyward Specialty Insurance Group	0	3	7	1	2.82

Hagerty currently has a consensus target price of $13.20, indicating a potential upside of 9.51%. Skyward Specialty Insurance Group has a consensus target price of $60.78, indicating a potential upside of 29.26%. Given Skyward Specialty Insurance Group’s stronger consensus rating and higher possible upside, analysts clearly believe Skyward Specialty Insurance Group is more favorable than Hagerty.

Summary

Skyward Specialty Insurance Group beats Hagerty on 9 of the 15 factors compared between the two stocks.

About Hagerty

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 Skyward Specialty Insurance Group

Skyward Specialty Insurance Group, Inc., an insurance holding company, underwrites commercial property and casualty insurance products in the United States. It offers general liability, excess liability, professional liability, commercial auto, group accident and health, property, surety, and workers' compensation insurance products. Skyward Specialty Insurance Group, Inc. was incorporated in 2006 and is headquartered in Houston, Texas.