Michael Morris - Hartford Financial Independent Director

HIG Stock  USD 114.26  0.76  0.67%   

Director

Mr. Michael G. Morris is Independent Director of the Company. Mr. Morris was NonExecutive Chairman of American Electric Power Company, Inc. He was also Chairman, President and Chief Executive Officer of American Electric Power Company, Inc. He was Chairman, President and Chief Executive Officer, Northeast Utilities. Mr. Morris has over two decades of experience as chief executive officer and president of multiple publiclytraded companies in the highly regulated energy industry. He brings to the Board significant experience as a senior leader responsible for the strategic direction and management of complex business operations. In addition, he has experience overseeing financial matters in his roles as chairman, president and CEO of AEP, and as chairman, president and CEO of Northeast Utilities. He has proven skills interacting with governmental and regulatory agencies acquired through years of leading various multinational organizations in the energy and gas industries, serving on the U.S. Department of Energys Electricity Advisory Board, the National Governors Association Task Force on Electricity Infrastructure, the Institute of Nuclear Power Operations and as Chair of the Business Roundtables Energy Task Force. In addition, he has corporate governance expertise from service as a director and member of the audit, compensation, finance, risk management and nominatinggovernance committees of various publiclytraded companies. since 2004.
Age 74
Tenure 21 years
Address One Hartford Plaza, Hartford, CT, United States, 06155
Phone860 547 5000
Webhttps://www.thehartford.com

Hartford Financial Management Efficiency

The company has Return on Asset of 0.0317 % which means that on every $100 spent on assets, it made $0.0317 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1974 %, implying that it generated $0.1974 on every 100 dollars invested. Hartford Financial's management efficiency ratios could be used to measure how well Hartford Financial manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Hartford Financial's Return On Equity is most likely to increase slightly in the upcoming years. At this time, Hartford Financial's Net Tangible Assets are most likely to decrease significantly in the upcoming years. The Hartford Financial's current Return On Tangible Assets is estimated to increase to 0.03, while Non Current Assets Total are projected to decrease to roughly 87 B.
Hartford Financial Services has 4.36 B in debt with debt to equity (D/E) ratio of 0.31, which is OK given its current industry classification. Hartford Financial has a current ratio of 1.87, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Hartford to invest in growth at high rates of return.

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The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. The company was founded in 1810 and is headquartered in Hartford, Connecticut. Hartford Financial operates under InsuranceDiversified classification in the United States and is traded on New York Stock Exchange. It employs 18100 people. Hartford Financial Services (HIG) is traded on New York Stock Exchange in USA. It is located in One Hartford Plaza, Hartford, CT, United States, 06155 and employs 18,700 people. Hartford Financial is listed under Multi-line Insurance category by Fama And French industry classification.

Management Performance

Hartford Financial Leadership Team

Elected by the shareholders, the Hartford Financial's board of directors comprises two types of representatives: Hartford Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hartford. The board's role is to monitor Hartford Financial's management team and ensure that shareholders' interests are well served. Hartford Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hartford Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Allardice, Independent Director
Douglas Elliot, President
Donald Hunt, Executive Counsel
Donna James, Independent Director
Brion Johnson, Executive Vice President, Chief Investment Officer, President of HIMCO
Jonathan Bennett, Executive Vice President Head of Group Benefits
Claire Burns, Chief Marketing and Communications Officer
John Kinney, Executive Operations
Michael Fisher, EVP Officer
Scott Lewis, Senior Vice President Principal Accounting Officer, Controller
Melinda Thompson, Head Lines
Christopher CPA, Chairman CEO
Allison Niderno, Controller VP
Greig Woodring, Independent Director
William Bloom, Executive Vice President - Claims, Operations, Technology, and Data & Analytics
Trevor Fetter, Lead Director, Independent Director
Larry Shon, Independent Director
Lori Rodden, Chief Human Resource Officer, Executive Vice President
Adin Tooker, Global Distribution
Deepa Soni, Chief Information Officer, Head - Technology, Data, Analytics & Information Security
Kathleen Bromage, Chief Marketing and Communications Officer
Tracey Ant, Head Commercial
Donald JD, Executive Counsel
Carlos Dominguez, Independent Director
Susan Bernstein, Investor Officer
Amy Stepnowski, Chief Investment Officer and Presidentident of HIMCO
Matthew Winter, Independent Director
Kathryn Mikells, Independent Director
Robert Paiano, Executive Vice President, Chief Risk Officer
Matt Winter, Independent Director
Christopher Swift, Chairman of the Board, Chief Executive Officer
Virginia Ruesterholz, Independent Director
David Robinson, Executive Vice President General Counsel
Beth Costello, Chief Financial Officer, Executive Vice President
Beth CPA, Chief Officer
Teresa Roseborough, Independent Director
Jonathan CPA, Executive Benefits
Michael Morris, Independent Director

Hartford Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Hartford Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Hartford Financial is a strong investment it is important to analyze Hartford Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hartford Financial's future performance. For an informed investment choice regarding Hartford Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Multi-line Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hartford Financial. If investors know Hartford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hartford Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.225
Dividend Share
1.88
Earnings Share
9.97
Revenue Per Share
87.921
Quarterly Revenue Growth
0.095
The market value of Hartford Financial is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Financial's value that differs from its market value or its book value, called intrinsic value, which is Hartford Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Financial's market value can be influenced by many factors that don't directly affect Hartford Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.