The Hartford Insurance Group, Inc. (HIG) Stock

About The Hartford Insurance Group, Inc.

The Hartford Insurance Group, Inc., together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. It operates through Business Insurance, Personal Insurance, Property & Casualty Other Operations, Employee Benefits and Hartford Funds. The company offers insurance coverage, including workers’ compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company also provides automobiles, homeowners, and personal umbrella coverages. The Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. In addition, it provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; leave management solution; distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Further, the company offers managed mutual funds across various asset classes; and exchange-traded funds through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.

The Hartford Insurance Group, Inc. is led by CEO Christopher Jerome Swift, employs 19,100 people, headquartered in Hartford, US, publicly traded since 1995.

The Hartford Insurance Group, Inc. (HIG) stock trades at $140.14 with a market capitalization of $38.42B. The stock is valued at a price-to-earnings (P/E) ratio of 10.10, price-to-book of 1.95, price-to-sales of 1.29. Over the past 52 weeks the stock has ranged between $119.61 and $144.50, and currently trades 3.0% below its 52-week high.

On profitability, The Hartford Insurance Group, Inc. generates a return on equity (ROE) of 20.21% — well above the market average, a sign of a high-quality business, return on capital employed of 25.08%, an operating margin of 16.84%, a net profit margin of 14.13%.

In its most recent fiscal year, The Hartford Insurance Group, Inc. reported annual revenue of $28.3B, net profit of $3.8B, revenue has compounded at 6.8% a year over the last five years, profit at 17.2% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.23 — a conservative balance sheet with little leverage risk, a current ratio of 17.65, total assets of $86.0B, $133.0M in cash and equivalents.

HIG has an average daily trading volume of 1,700,458.4 shares, a beta of 0.47 (less volatile than the overall market).

Official website: www.thehartford.com