HIG Hartford Financial Services Group, Inc.

Price (delayed)

$37.25

Market cap

$13.34B

P/E Ratio

7.45

Dividend/share

$1.28

EPS

$5

Enterprise value

$17.32B

Sector: Financial Services
Industry: Insurance - Diversified
The Hartford Financial Services Group, Inc. is an insurance and financial services company. The company provides life insurance, group and employee benefits, automobile and homeowners insurance and business insurance, as well as investment products, annuities, mutual funds, and college savings plans. It operates through the following segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits and Hartford Funds. The Commercial Lines segment provides workers compensation, property, automobile, liability and umbrella coverage under several different products, primarily throughout the U.S., within its standard commercial lines, which consists of The Hartford's small commercial and middle market lines of business. The Personal Lines segment includes automobile, homeowners and home-based business coverage to individuals across the U.S. The Property & Casualty Other Operations segment includes certain property and casualty operations, currently managed by the company, that have discontinued writing new business and substantially all of the company's asbestos and environmental exposures. The Group Benefits segment offers group life, accident and disability coverage, group retiree health and voluntary benefits to individual members of employer groups, associations, affinity groups and financial institutions. The Hartford Funds segment offers investment products for retail and retirement accounts and provides investment management and administrative services such as product design, implementation and oversight. The Hartford Financial Services Group was founded on May 10, 1810 and is headquartered in Hartford, CT.

Highlights

HIG's P/E is 50% below its 5-year quarterly average of 14.9 and 22% below its last 4 quarters average of 9.6
The net income has increased by 12% year-on-year and by 6% since the previous quarter

Key stats

What are the main financial stats of HIG
Market
Shares outstanding
358.2M
Market cap
$13.34B
Enterprise value
$17.32B
Valuations
Price to earnings (P/E)
7.45
Price to book (P/B)
0.78
Price to sales (P/S)
0.64
EV/EBIT
6.88
EV/EBITDA
5.74
EV/Sales
0.84
Earnings
Revenue
$20.73B
EBIT
$2.52B
EBITDA
$3.02B
Free cash flow
$3.64B
Per share
EPS
$5
Free cash flow per share
$10.17
Book value per share
$47.68
Revenue per share
$57.9
TBVPS
$190.14
Balance sheet
Total assets
$70.99B
Total liabilities
$53.92B
Debt
$4.35B
Equity
$17.07B
Working capital
N/A
Liquidity
Debt to equity
0.25
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
1.32
Margins
EBITDA margin
14.6%
Gross margin
44%
Net margin
8.8%
Operating margin
12.6%
Efficiency
Return on assets
2.6%
Return on equity
11.1%
Return on invested capital
3.5%
Return on capital employed
N/A
Return on sales
12.1%
Dividend
Dividend yield
3.42%
DPS
$1.28
Payout ratio
25.5%

HIG stock price

How has the Hartford Financial Services Group stock price performed over time

Financial performance

How have Hartford Financial Services Group's revenue and profit performed over time
Revenue
$20.73B
Gross profit
$9.12B
Operating income
$2.61B
Net income
$1.82B
Gross margin
44%
Net margin
8.8%
Hartford Financial Services Group's operating income has increased by 19% YoY and by 5% QoQ
Hartford Financial Services Group's operating margin has increased by 13% YoY and by 6% QoQ
The net income has increased by 12% year-on-year and by 6% since the previous quarter
HIG's gross profit is up by 12% year-on-year

Growth

What is Hartford Financial Services Group's growth rate over time

Valuation

What is Hartford Financial Services Group stock price valuation
P/E
7.45
P/B
0.78
P/S
0.64
EV/EBIT
6.88
EV/EBITDA
5.74
EV/Sales
0.84
HIG's P/E is 50% below its 5-year quarterly average of 14.9 and 22% below its last 4 quarters average of 9.6
The EPS has grown by 11% YoY and by 6% from the previous quarter
The stock's price to book (P/B) is 35% less than its 5-year quarterly average of 1.2 and 29% less than its last 4 quarters average of 1.1
The company's equity rose by 12% QoQ and by 12% YoY
HIG's price to sales (P/S) is 36% lower than its 5-year quarterly average of 1.0 and 29% lower than its last 4 quarters average of 0.9
The revenue has increased by 6% YoY

Efficiency

How efficient is Hartford Financial Services Group business performance
HIG's return on assets is up by 8% since the previous quarter and by 4% year-on-year
The ROS has grown by 7% YoY and by 5% from the previous quarter
Hartford Financial Services Group's ROIC has increased by 6% YoY and by 2.9% from the previous quarter
The company's return on equity fell by 5% YoY

Dividends

What is HIG's dividend history
DPS
$1.28
Dividend yield
3.42%
Payout ratio
25.5%
Recent dividends

Financial health

How did Hartford Financial Services Group financials performed over time
The total assets is 32% greater than the total liabilities
The total assets has increased by 3.3% since the previous quarter and by 2.2% year-on-year
The company's debt is 75% lower than its equity
HIG's debt to equity is down by 17% year-on-year and by 11% since the previous quarter
The company's equity rose by 12% QoQ and by 12% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.