Last $12.19 USD
Change Today +0.59 / 5.09%
Volume 487.4K
HRG On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

harbinger group inc (HRG) Snapshot

Open
$11.69
Previous Close
$11.60
Day High
$12.24
Day Low
$11.69
52 Week High
03/19/14 - $13.25
52 Week Low
06/25/13 - $7.33
Market Cap
1.8B
Average Volume 10 Days
443.3K
EPS TTM
$-3.48
Shares Outstanding
145.6M
EX-Date
11/3/98
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HARBINGER GROUP INC (HRG)

harbinger group inc (HRG) Related Businessweek News

View More BusinessWeek News

harbinger group inc (HRG) Details

Harbinger Group Inc., through its subsidiaries, provides various branded consumer products. Its product portfolio includes consumer batteries, such as alkaline and zinc carbon batteries, rechargeable batteries and chargers, hearing aid batteries, other specialty batteries, and portable lighting products; small appliances comprising small kitchen appliances and home product appliances; and pet supplies consisting of aquatic equipment and supplies, dog and cat treats, small animal foods, clean up and training aids, health and grooming products, and bedding products. The company’s product portfolio also comprises hardware and home improvement products, including residential locksets, builders hardware, and plumbing products; home and garden control products, such as household insect controls, insect repellents, and herbicides; electric shaving and grooming devices; and electric personal care, and styling devices. Harbinger Group Inc. offers its products under various brand names. The company sells its products through retailers, wholesalers and distributors, hearing aid professionals, industrial distributors, and original equipment manufacturers to home improvement centers, mass merchandisers, dollar stores, hardware stores, home and garden distributors, food and drug retailers, and pet stores. In addition, it provides life insurance and annuity products through independent agents, managing general agents, and specialty brokerage firms; long-term reinsurance to specialty insurance sector of fixed, deferred, and payout annuities; and secured asset-based loans to various industries, as well as is engaged in owning, operating, acquiring, exploiting, and developing conventional oil and natural gas assets in the United States. The company was formerly known as Zapata Corporation and changed its name to Harbinger Group Inc. in December 2009. Harbinger Group Inc. was founded in 1954 and is headquartered in New York, New York.

13,742 Employees
Last Reported Date: 11/27/13
Founded in 1954

harbinger group inc (HRG) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: --
President and Director
Total Annual Compensation: $500.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
Managing Director, Executive Vice President o...
Total Annual Compensation: $500.0K
Chief Accounting Officer and Vice President
Total Annual Compensation: $311.5K
Compensation as of Fiscal Year 2013.

harbinger group inc (HRG) Key Developments

Harbinger Group Inc. Presents at Houlihan Lokey 2014 Financial Services Industry Conference, Mar-05-2014 04:35 PM

Harbinger Group Inc. Presents at Houlihan Lokey 2014 Financial Services Industry Conference, Mar-05-2014 04:35 PM. Venue: New York Palace Hotel, New York, New York, United States. Speakers: Omar Marwan Asali, President and Director.

Harbinger Group Inc. Appoints Eugene I. Davis as Class I Director

On February 25, 2014, the board of directors of Harbinger Group Inc. appointed Mr. Eugene I. Davis as a Class I director of the company. Mr. Davis’ term will continue until the Company’s 2014 Annual Meeting of Stockholders. Mr. Davis currently serves as director of, among other companies, Atlas Air Worldwide Holdings Inc., The Cash Store Financial Services Inc., WMI Holdings Corp. and U.S. Concrete Inc.

Harbinger Group Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2013

Harbinger Group Inc. announced unaudited consolidated earnings results for the first quarter ended December 31, 2013. For the period, the company reported total revenues of $1,510.0 million compared to $1,222.3 million for the same period a year ago. Operating income was $179.3 million compared to $215.4 million for the same period a year ago. Income from continuing operations before income taxes was $36.7 million compared to $132.5 million for the same period a year ago. Net loss was $1.6 million compared to net income of $68.1 million for the same period a year ago. Net loss attributable to controlling interest was $26.8 million compared to net income attributable to controlling interest of $74.1 million for the same period a year ago. Net loss attributable to common and participating preferred stockholders $39.0 million compared to net income attributable to common and participating preferred stockholders of $62.0 million for the same period a year ago. Net loss per diluted common share attributable to controlling interest was $0.28 compared to net income per diluted common share attributable to controlling interest of $0.03 for the same period a year ago. The increase in revenue was primarily driven by the full period effect of the acquisition of the hardware and home improvement product line in Consumer Products segment during the fiscal 2013 quarter, acquisition of an equity interest in the EXCO/HGI JV in February 2013 and an increase in investment income resulting from the deployment of cash in Insurance segment. The decrease in operating income was primarily the result of lower operating profit originating from the Insurance segment due to the conclusion of the portfolio repositioning that had resulted in higher realized investment gains in the fiscal 2013 quarter, and higher corporate expenses primarily due to higher stock based compensation expense amortization. These decreases in operating income were offset by higher operating income from the Consumer Products segment due to the inclusion of a full quarter of results from the HHI acquisition in the Fiscal 2014 Quarter and an overall decrease in acquisition and integration related charges.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HRG:US $12.19 USD +0.59

HRG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for HRG.
View Industry Companies
 

Industry Analysis

HRG

Industry Average

Valuation HRG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 2.6x
Price/Cash Flow 13.6x
TEV/Sales NM Not Meaningful
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HARBINGER GROUP INC, please visit www.harbingergroupinc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.