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Hiscox (HSX)

Sector:

Insurance (non-life)

Index:

FTSE 250

Market Cap

£1,129.13m

Change Today

Price Up5.75p (1.91%)

Share Price

307.00p

Hiscox Overview

Hiscox is a specialist insurer, providing insurance to individuals and businesses around the world. The group is happy to insure unusual and complicated risks, such as terrorism and fine art, as well as provide upmarket home insurance.

1 Day Chart (02-Dec-2008)

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 3.9% 4.2%
Div Cover 4.0 2.1
Op Mrgn 20.8% 12.7%
ROCE 27.7%  

Valuation

Latest F'cast
P/E 6.3 11.4
PEG 0.4 n/a
Pr/Revenue 1.0 1.1
Pr/Book 1.4  

Growth

Latest F'cast
Revenue 14.1% -16.6%
PBT 18.0% -47.3%
EPS 16.1% -44.6%
DPS 20.0% 7.7%

Hiscox Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-03 a797.38 a83.41 19.30p 7.4 0.1 +71% 4.20p 2.9%
31-Dec-04 816.61 89.52 21.30p 7.8 0.8 +10% 5.00p 3.0%
31-Dec-05 879.34 70.22 15.60p 14.8 n/a -27% 7.00p 3.0%
31-Dec-06 1,033.58 201.06 41.70p 6.7 0.0 +167% 10.00p 3.6%
31-Dec-07 1,179.44 237.20 48.40p 5.9 0.4 +16% 12.00p 4.2%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Hiscox Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 983.47 124.94 26.83p 11.4 n/a -45% 12.93p 4.2%
31-Dec-09 1,016.67 159.84 34.36p 8.9 0.3 +28% 13.91p 4.5%

Covering analysts: ABN AMRO, Citigroup Investment Research, Credit Suisse, Friedman Billings Ramsey & Co, Goldman Sachs, Merrill Lynch, Numis Securities, Shore Capital Stockbrokers

Hiscox Company Announcements

Share Option Scheme 02-Dec-2008 16:39 RNS
Total Voting Rights 28-Nov-2008 16:02 RNS
Share Option Scheme 28-Nov-2008 15:20 RNS

Hiscox ShareCast News

Technical Analysis - Pharmaceuticals and Insuran... 19-Nov-2008 ShareCast
Hiscox gross premiums down 10-Nov-2008 ShareCast
London close: Losses narrowed 27-Oct-2008 ShareCast

Hiscox Top Newspaper Links

Record profits from wealthy insurance 19-Aug-2008 The Scotsman
Hell's Yells ... Normski's back for ad 19-Aug-2008 Sun
Hiscox cuts its exposure to global business 13-May-2008 Telegraph

Latest Hiscox Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Hiscox Market Data

Currency UK Pounds
Share Price 307.00p Price Up
Change Today +5.75p
52 Week High 323.75
52 Week Low 194.75
Volume 921,928
Shares Issued 367.80m
Market Cap £1,129.13m
Beta 0.39
RiskGrade 279

Hiscox Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.02% below the market average74.02% below the market average74.02% below the market average74.02% below the market average74.02% below the market average
30.43% below the sector average30.43% below the sector average30.43% below the sector average30.43% below the sector average30.43% below the sector average
Price Trend
98.01% above the market average98.01% above the market average98.01% above the market average98.01% above the market average98.01% above the market average
92.59% above the sector average92.59% above the sector average92.59% above the sector average92.59% above the sector average92.59% above the sector average
Income
16.32% below the market average16.32% below the market average16.32% below the market average16.32% below the market average16.32% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Growth
69.04% above the market average69.04% above the market average69.04% above the market average69.04% above the market average69.04% above the market average
76.00% above the sector average76.00% above the sector average76.00% above the sector average76.00% above the sector average76.00% above the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 4
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hiscox Dividends

  Latest Previous
  Interim Final
Ex-Div 27-Aug-08 14-May-08
Paid 29-Sep-08 17-Jun-08
Amount 4.25p 8.00p

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

Hiscox Key Personnel

Chair Robert Hiscox
Finance Director Stuart J Bridges
CEO Bronek E Masojada

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