Hartford Financial Services Group Inc.
HIG
Market Cap$0
Close$
Earnings Call Q2 2024
July 26, 2024 - AI Summary
The Hartford reported outstanding second quarter results, with strong top line growth and excellent financial performance in the first half of the year.
Commercial Lines achieved double-digit top line growth and maintained an underlying combined ratio below 90 for the 13th consecutive quarter. Small Commercial delivered exceptional results with strong premium growth and outstanding margins.
Personal Lines saw improvement in margins, particularly in homeowners insurance, and expects to reach target margins by 2025. Auto renewal written price increases remain strong at nearly 24%.
Exclusive for Stockcircle Pro members
Sign up
$254.96
115.9% upside
Current Fair Value
115.9% upsideUndervalued by 115.9% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $0.00 |
|---|---|
| Enterprise Value | $4.15 Billion |
| Dividend Yield | $1.88 (1.59200609704463%) |
| Earnings per Share | $8.09 |
| Beta | 0.92 |
| Outstanding Shares | 295,500,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 11.98 |
|---|---|
| PEG | 34.31 |
| Price to Sales | 1.37 |
| Price to Book Ratio | 2.23 |
| Enterprise Value to Revenue | 0.16 |
| Enterprise Value to EBIT | 1.81 |
| Enterprise Value to Net Income | 1 |
| Total Debt to Enterprise | 1.05 |
| Debt to Equity | 0.28 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Hartford Financial Services Group Inc.
18,500 employees
CEO: Christopher Swift