The Hartford Financial Services Group, Inc. (HIG)
NYSE: HIG · IEX Real-Time Price · USD
98.95
+2.00 (2.06%)
At close: Apr 19, 2024, 4:00 PM
99.65
+0.70 (0.71%)
After-hours: Apr 19, 2024, 7:18 PM EDT

HIG Statistics

Total Valuation

HIG has a market cap or net worth of $29.54 billion. The enterprise value is $33.71 billion.

Market Cap 29.54B
Enterprise Value 33.71B

Important Dates

The next confirmed earnings date is Thursday, April 25, 2024, after market close.

Earnings Date Apr 25, 2024
Ex-Dividend Date Mar 1, 2024

Share Statistics

HIG has 298.50 million shares outstanding. The number of shares has decreased by -5.45% in one year.

Shares Outstanding 298.50M
Shares Change (YoY) -5.45%
Shares Change (QoQ) -1.65%
Owned by Insiders (%) 0.31%
Owned by Institutions (%) 96.36%
Float 295.57M

Valuation Ratios

The trailing PE ratio is 12.42 and the forward PE ratio is 9.72. HIG's PEG ratio is 1.41.

PE Ratio 12.42
Forward PE 9.72
PS Ratio 1.20
Forward PS 1.10
PB Ratio 1.93
P/FCF Ratio 7.37
PEG Ratio 1.41
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.88, with an EV/FCF ratio of 8.42.

EV / Earnings 13.58
EV / Sales 1.37
EV / EBITDA 8.88
EV / EBIT 10.26
EV / FCF 8.42

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.28
Debt / EBITDA 1.15
Debt / FCF 1.09
Interest Coverage 16.52

Financial Efficiency

Return on equity (ROE) is 17.30% and return on invested capital (ROIC) is 13.54%.

Return on Equity (ROE) 17.30%
Return on Assets (ROA) 3.30%
Return on Capital (ROIC) 13.54%
Revenue Per Employee $1.31M
Profits Per Employee $132,781
Employee Count 18,700
Asset Turnover 0.33
Inventory Turnover n/a

Taxes

In the past 12 months, HIG has paid $584.00 million in taxes.

Income Tax 584.00M
Effective Tax Rate 19.04%

Stock Price Statistics

The stock price has increased by +39.96% in the last 52 weeks. The beta is 0.88, so HIG's price volatility has been lower than the market average.

Beta (1Y) 0.88
52-Week Price Change +39.96%
50-Day Moving Average 97.48
200-Day Moving Average 81.29
Relative Strength Index (RSI) 51.20
Average Volume (30 Days) 1,845,188

Short Selling Information

The latest short interest is 4.20 million, so 1.41% of the outstanding shares have been sold short.

Short Interest 4.20M
Short Previous Month 3.61M
Short % of Shares Out 1.41%
Short % of Float 1.42%
Short Ratio (days to cover) 2.11

Income Statement

In the last 12 months, HIG had revenue of $24.53 billion and earned $2.48 billion in profits. Earnings per share was $7.97.

Revenue 24.53B
Gross Profit 10.29B
Operating Income 3.29B
Pretax Income 3.09B
Net Income 2.48B
EBITDA 3.80B
EBIT 3.29B
Earnings Per Share (EPS) $7.97
Full Income Statement

Balance Sheet

The company has $189.00 million in cash and $4.36 billion in debt, giving a net cash position of -$4.17 billion or -$13.98 per share.

Cash & Cash Equivalents 189.00M
Total Debt 4.36B
Net Cash -4.17B
Net Cash Per Share -$13.98
Equity / Book Value 15.33B
Book Value Per Share 51.35
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $4.22 billion and capital expenditures -$215.00 million, giving a free cash flow of $4.01 billion.

Operating Cash Flow 4.22B
Capital Expenditures -215.00M
Free Cash Flow 4.01B
FCF Per Share $13.32
Full Cash Flow Statement

Margins

Gross margin is 41.95%, with operating and profit margins of 13.40% and 10.12%.

Gross Margin 41.95%
Operating Margin 13.40%
Pretax Margin 12.59%
Profit Margin 10.12%
EBITDA Margin 15.48%
EBIT Margin 13.40%
FCF Margin 16.33%

Dividends & Yields

This stock pays an annual dividend of $1.88, which amounts to a dividend yield of 1.90%.

Dividend Per Share $1.88
Dividend Yield 1.90%
Dividend Growth (YoY) 10.49%
Years of Dividend Growth 11
Payout Ratio 23.59%
Buyback Yield 5.45%
Shareholder Yield 7.35%
Earnings Yield 8.41%
FCF Yield 13.56%
Dividend Details

Analyst Forecast

The average price target for HIG is $105.56, which is 6.68% higher than the current price. The consensus rating is "Buy".

Price Target $105.56
Price Target Difference 6.68%
Analyst Consensus Buy
Analyst Count 16
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on July 16, 1998. It was a forward split with a ratio of 2:1.

Last Split Date Jul 16, 1998
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 7