GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Hartford Financial Services Group Inc (NYSE:HIG) » Definitions » 3-Year RORE %

The Hartford Financial Services Group (The Hartford Financial Services Group) 3-Year RORE % : 9.00% (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is The Hartford Financial Services Group 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. The Hartford Financial Services Group's 3-Year RORE % for the quarter that ended in Mar. 2024 was 9.00%.

The industry rank for The Hartford Financial Services Group's 3-Year RORE % or its related term are showing as below:

HIG's 3-Year RORE % is ranked better than
55.72% of 463 companies
in the Insurance industry
Industry Median: 4.24 vs HIG: 9.00

The Hartford Financial Services Group 3-Year RORE % Historical Data

The historical data trend for The Hartford Financial Services Group's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Hartford Financial Services Group 3-Year RORE % Chart

The Hartford Financial Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -288.88 40.73 7.52 5.50 8.81

The Hartford Financial Services Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.39 2.26 8.87 8.81 9.00

Competitive Comparison of The Hartford Financial Services Group's 3-Year RORE %

For the Insurance - Property & Casualty subindustry, The Hartford Financial Services Group's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Hartford Financial Services Group's 3-Year RORE % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Hartford Financial Services Group's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where The Hartford Financial Services Group's 3-Year RORE % falls into.



The Hartford Financial Services Group 3-Year RORE % Calculation

The Hartford Financial Services Group's 3-Year RORE % for the quarter that ended in Mar. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 8.8-7.27 )/( 21.88-4.88 )
=1.53/17
=9.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2024 and 3-year before.


The Hartford Financial Services Group  (NYSE:HIG) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


The Hartford Financial Services Group 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of The Hartford Financial Services Group's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


The Hartford Financial Services Group (The Hartford Financial Services Group) Business Description

Traded in Other Exchanges
Address
One Hartford Plaza, Hartford, CT, USA, 06155
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
Executives
Christopher Swift officer: Executive VP and CFO HARBORSIDE FINANCIAL CENTER, 3200 PLAZA 5, JERSEY CITY NJ 07311
Amy Stepnowski officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
Stephanie C Bush officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
Robert W Paiano officer: EVP & Chief Risk Officer ONE HARTFORD PLAZA, HARTFORD CT 06155
Jonathan R Bennett officer: Executive Vice President THE HARTFORD, ONE HARTFORD PLAZA, HARTFORD CT 06155
Allison G Niderno officer: SVP & Controller ONE HARTFORD PLAZA, HARTFORD CT 06155
Beth Ann Bombara officer: Sr.Vice Pres. and Controller ONE HARTFORD PLAZA, HARTFORD CT 06155
Adin M Tooker officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
Michael R Fisher officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
David C Robinson officer: EVP and General Counsel ONE HARTFORD PLAZA, HARTFORD CT 06155
Douglas G Elliot officer: Executive Vice President TRAVELERSJ PROPERTY CASUALTY CORP, ONE TOWER SQ, HARTFORD CT 06118
Edmund Reese director C/O BROADRIDGE FINANCIAL SOLUTIONS, INC., 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Scott R. Lewis officer: SVP and Controller ONE HARTFORD PLAZA, HARTFORD CT 06155
Allardice Robert B. Iii director ONE HARTFORD PLAZA, HO-01-09, HARTFORD CT 06155
Claire H. Burns officer: Executive Vice President ONE HARTFORD PLAZA, HARTFORD CT 06155