The Hartford Financial Services Group Inc (HIG) Files 10-K for the Fiscal Year Ended on ...

In this article:

- By insider

The Hartford Financial Services Group Inc (HIG) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Hartford Financial Services Group Inc is an insurance and financial services company. It operates through Commercial Lines, Personal Lines, Group Benefits, Mutual Funds, and Talcott Resolution segments. The Hartford Financial Services Group Inc has a market cap of $19.28 billion; its shares were traded at around $54.04 with and P/S ratio of 1.07. The dividend yield of The Hartford Financial Services Group Inc stocks is 1.76%. The Hartford Financial Services Group Inc had annual average EBITDA growth of 17.10% over the past five years.


For the last quarter The Hartford Financial Services Group Inc reported a revenue of $4.5 billion, compared with the revenue of $4.5 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $17 billion, a decrease of 7.2% from the previous year. For the last five years The Hartford Financial Services Group Inc had an average revenue decline of 4.7% a year.

The reported loss per diluted share was $8.61 for the year, compared with the earnings per share of $3.96 in the previous year. The The Hartford Financial Services Group Inc had an operating margin of 4.26%, compared with the operating margin of 4.39% a year before. The 10-year historical median operating margin of The Hartford Financial Services Group Inc is 5.76%. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, The Hartford Financial Services Group Inc has the cash and cash equivalents of $180.0 million, compared with $882.0 million in the previous year. The long term debt was $5 billion, compared with $4.6 billion in the previous year. The interest coverage to the debt is 2.3, which is not a favorable level. The Hartford Financial Services Group Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $54.04, The Hartford Financial Services Group Inc is traded at 24.1% premium to its historical median P/S valuation band of $43.54. The P/S ratio of the stock is 1.07, while the historical median P/S ratio is 0.88. The stock gained 11.23% during the past 12 months.

For the complete 20-year historical financial data of HIG, click here.

This article first appeared on GuruFocus.


Advertisement