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Hartford Financial Services Group (HIG)
NYSE:HIG
Hartford Financial (HIG) Stock Price & Analysis
564 Followers
HIG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$68.82 - $106.93
Previous Close$101.94
Volume1.38M
Average Volume (3M)1.48M
Market Cap
$30.15B
Enterprise Value$30.15B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)11.6
Beta0.56
Next Earnings
Jul 25, 2024EPS Estimate
$2.24Next Dividend Ex-Date
Sep 03, 2024Dividend Yield1.8%
Share Statistics
EPS (TTM)8.80
Shares Outstanding295,755,372
10 Day Avg. Volume1,452,829
30 Day Avg. Volume1,484,881
Standard Deviation0.08
R-Squared0.35
Alpha0.00522
Financial Highlights & Ratios
Price to Book (P/B)2.43
Price to Sales (P/S)4.82
Price to Cash Flow (P/CF)6.90
P/FCF Ratio6.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.23
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$111.64Price Target Upside9.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Hartford Financial News
PremiumCompany Announcements
Hartford Financial Announces Board Resignation and New Appointment
Bulls Say, Bears Say
Bulls Say
EarningsThe reported 16.6% ROE in the Q1 was well above its target of 15%+ and is expected to continue growing with stable underlying margins.
GrowthStronger near-term NPW growth across both Commercial and Personal Lines due to strong new business and rate increases.
Market PositionHIG painted a continuing strong market with broad based strong pricing outside of D&O which should continue for the remainder of the year.
Bears Say
EarningsHartford funds saw $41m of core earnings, which was below the estimated $48m and experienced net outflows of $2.5b, higher than the $1.9b outflow estimate.
Personal LinesPersonal lines core earnings of $33m missed the $67m estimate, with a combined ratio of 101.5%, above the expected 96.2%.
ReturnsWorse-than-expected limited partnership returns are likely to continue weighing on results.
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Ownership Overview
1.40% Insiders
34.15% Mutual Funds
28.28% Other Institutional Investors
36.17% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HIG FAQ
What was Hartford Financial Services Group’s price range in the past 12 months?
Hartford Financial Services Group lowest stock price was $68.82 and its highest was $106.93 in the past 12 months.
What is Hartford Financial Services Group’s market cap?
Currently, no data Available
When is Hartford Financial Services Group’s upcoming earnings report date?
Hartford Financial Services Group’s upcoming earnings report date is Jul 25, 2024 which is yesterday.
How were Hartford Financial Services Group’s earnings last quarter?
Hartford Financial Services Group released its earnings results on Apr 25, 2024. The company reported $2.34 earnings per share for the quarter, missing the consensus estimate of $2.458 by -$0.118.
Is Hartford Financial Services Group overvalued?
According to Wall Street analysts Hartford Financial Services Group’s price is currently Undervalued.
Does Hartford Financial Services Group pay dividends?
Hartford Financial Services Group pays a Quarterly dividend of $0.47 which represents an annual dividend yield of 1.8%. See more information on Hartford Financial Services Group dividends here
What is Hartford Financial Services Group’s EPS estimate?
Hartford Financial Services Group’s EPS estimate is $2.24.
How many shares outstanding does Hartford Financial Services Group have?
Hartford Financial Services Group has 295,755,370 shares outstanding.
What happened to Hartford Financial Services Group’s price movement after its last earnings report?
Hartford Financial Services Group reported an EPS of $2.34 in its last earnings report, missing expectations of $2.458. Following the earnings report the stock price went down -3.822%.
Which hedge fund is a major shareholder of Hartford Financial Services Group?
Among the largest hedge funds holding Hartford Financial Services Group’s share is Hotchkis & Wiley Capital Management LLC. It holds Hartford Financial Services Group’s shares valued at 579M.
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Hartford Financial Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$111.64 (9.10% Upside)
$111.64 (9.10% Upside)
Blogger Sentiment
Bullish
HIG Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 610.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.5%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
39.17%
12-Months-Change
Fundamentals
Return on Equity
18.26%
Trailing 12-Months
Asset Growth
4.90%
Trailing 12-Months
Company Description
Hartford Financial Services Group
The Hartford Financial Services Group, Inc. is an insurance and financial services company. The company provides life insurance, group and employee benefits, automobile and homeowners insurance and business insurance, as well as investment products, annuities, mutual funds, and college savings plans. It operates through the following segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits and Hartford Funds. The Commercial Lines segment provides workers compensation, property, automobile, liability and umbrella coverage under several different products, primarily throughout the U.S., within its standard commercial lines, which consists of The Hartford's small commercial and middle market lines of business. The Personal Lines segment includes automobile, homeowners and home-based business coverage to individuals across the U.S. The Property & Casualty Other Operations segment includes certain property and casualty operations, currently managed by the company, that have discontinued writing new business and substantially all of the company's asbestos and environmental exposures. The Group Benefits segment offers group life, accident and disability coverage, group retiree health and voluntary benefits to individual members of employer groups, associations, affinity groups and financial institutions. The Hartford Funds segment offers investment products for retail and retirement accounts and provides investment management and administrative services such as product design, implementation and oversight. The Hartford Financial Services Group was founded on May 10, 1810 and is headquartered in Hartford, CT.
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HIG Company Deck
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HIG Earnings Call
Q1 2024
0:00 / 0:00
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HIG Stock 12 Month Forecast
Average Price Target
$111.64
▲(9.10% Upside)
Technical Analysis
Best Analysts Covering HIG
1 Year
1 Year Success Rate
12/14 ratings generated profit
1 Year Average Return
+21.14%
reiterated a buy rating 9 months ago
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