Harleysville Group Inc. (HGIC) news stock charts
Harleysville Group Inc. (HGIC) Investment Summary:
Harleysville Group Inc. (the Company) is an insurance holding company headquartered in Pennsylvania which, through its subsidiaries, engages in the property and casualty insurance business on a regional basis. As used herein, “Harleysville Group” refers to Harleysville Group Inc. and its subsidiaries. The Company is a Delaware corporation formed by Harleysville Mutual Insurance Company (the Mutual Company) in 1979 as a wholly owned subsidiary. In May 1986, the Company completed an initial public offering of its common stock, reducing the percentage of outstanding shares owned by the Mutual Company to approximately 70%. In April 1992, the Mutual Company completed a secondary public offering of a portion of the Company’s common stock then owned by it, further reducing the percentage of outstanding shares owned by the Mutual Company. At December 31, 2007, the Mutual Company owned approximately 53% of the Company’s outstanding shares. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f07%2f0001116502-08-000385.html#FIS_BUSINESS"HARLEYSVILLE GROUP INC (HGIC:NASDAQ)
Snapshot of HARLEYSVILLE GROUP INC (HGIC)
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OPEN
$34.11
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PREVIOUS CLOSE
$34.19
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DAY HIGH
$34.27
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DAY LOW
$34.11
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52 WEEK HIGH
02/19/10 - $35.33
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52 WEEK LOW
07/8/09 - $26.09
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MARKET CAP
941.5M
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AVERAGE VOLUME 10 D
30.0K
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EPS TTM
$3.02
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SHARES OUTSTANDING
27.5M
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EX-DATE
03/11/10
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P/E TTM
11.3x
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DIVIDEND
$1.30
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DIVIDEND YIELD
3.73%
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| K = Thousands M = Millions B = Billions | ||
Key developments for HARLEYSVILLE GROUP INC (HGIC)
The Board of Directors of Harleysville Group Inc. declared a regular quarterly cash dividend of $0.325 per share, payable March 30, 2010, to shareholders of record on March 15, 2010.
Harleysville Group Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2009. For the quarter, the company reported net income of $24,151,000 or $0.86 per diluted share on total revenues of $244,973,000 compared to net income of $4,627,000 or $0.16 per diluted share on total revenues of $229,429,000 for the same period a year ago. Income before income taxes was $32,438,000 compared to $3,312,000 for the same period a year ago. Operating income was $23,571,000 compared to $24,644,000 for the same period a year ago. For the year ended, the company reported net income of $86,296,000 or $3.07 per diluted share on total revenues of $980,620,000 compared to net income of $42,319,000 or $1.43 per diluted share on total revenues of $985,316,000 for the same period a year ago. Income before income taxes was $115,998,000 compared to $50,962,000 for the same period a year ago. Operating income was $84,806,000 compared to $81,216,000 for the same period a year ago. The company reported operating income of $0.84 per share in full year of fiscal 2009. The company operating return on equity (ROE) for the trailing 12 months was 12.9%, compared to its long-term goal of 12%. Book value as on December 31, 2009 was $27.98 per share, up 21% from year-end 2008.
Harleysville Group Inc. announced that they will report Q1, 2010 results on April 27, 2010.
Harleysville Group Inc. financial resources
HGIC Competitors
| Company | Last | Change |
| Amtrust Financial Services Inc | $14.36 USD | 0.00 |
| Flagstone Reinsurance Holdings Ltd | $11.00 USD | +0.13 |
| Horace Mann Educators Corp | $14.79 USD | +0.05 |
| Infinity Property & Casualty Corp | $45.41 USD | -0.52 |
| Tower Group Inc | $22.02 USD | -0.08 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | HGIC | Industry Range |
| Price/Earnings | 11.1x |
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| Price/Sales | 1.0x |
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| Price/Book | 1.2x |
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| Price/Cash Flow | 10.9x |
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| TEV/Sales | 0.7x |
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HGIC |
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HGIC transactions
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Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About Harleysville Group Inc.
HARLEYSVILLE GROUP INC Files SEC form 10-K, Annual Report
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Harleysville Group Inc. Declares 95th Consecutive Quarterly Dividend
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Harleysville Group Inc. Reports Fourth Quarter and Year-End 2009 Results
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Q4 2009 Harleysville Group Earnings Release - After Market Close
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Harleysville Group Inc. Reports Fourth Quarter and Year-End 2009 Results
Read article
Harleysville Group Inc. Declares 95th Consecutive Quarterly Dividend
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HARLEYSVILLE GROUP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
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Harleysville Insurance expands human services program to include well child day care centers
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Harleysville Insurance Recognized by Applied Systems and Its Agent Member Network for Ease of Doing Business Accomplishments
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Harleysville Group to Hold Fourth Quarter 2009 Earnings Conference Call on February 19, 2010
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Harleysville Insurance and its employees combine to donate more than $50,000 toward Haiti earthquake relief efforts
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Harleysville Insurance Again Sponsors Thanksgiving 'Free Call Day' for Middle East Troops
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Harleysville Group to Hold Fourth Quarter 2009 Earnings Conference Call on February 19, 2010
Read article
Harleysville Insurance and its employees combine to donate more than $50,000 toward Haiti earthquake relief efforts
Read article
HARLEYSVILLE GROUP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
Read article
HARLEYSVILLE GROUP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
Read article
Harleysville Insurance Again Sponsors Thanksgiving 'Free Call Day' for Middle East Troops
Read article
Harleysville Insurance expands human services program to include well child day care centers
Read article
Harleysville Mutual to Acquire Delta Lloyds Flood Insurance Business
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Q3 2009 Harleysville Group Earnings Release - After Market Close
Read article