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Hartford Financial Services Group (HIG)
NYSE:HIG
Hartford Financial (HIG) Stock Price & Analysis
552 Followers
HIG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$66.29 - $103.64
Previous Close$102.17
Volume392.73K
Average Volume (3M)1.76M
Market Cap
$30.47B
Enterprise Value$30.22B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)11.6
Beta0.67
Next Earnings
Jul 25, 2024EPS Estimate
$2.36Next Dividend Ex-Date
Jun 03, 2024Dividend Yield1.78%
Share Statistics
EPS (TTM)8.80
Shares Outstanding295,755,372
10 Day Avg. Volume1,308,198
30 Day Avg. Volume1,759,606
Standard Deviation0.08
R-Squared0.34
Alpha0.00643
Financial Highlights & Ratios
Price to Book (P/B)2.42
Price to Sales (P/S)4.65
Price to Cash Flow (P/CF)3.90
P/FCF Ratio3.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.23
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$112.13Price Target Upside8.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Hartford Financial News
Bulls Say, Bears Say
Bulls Say
Analyst RecommendationAnalyst maintains a Buy rating with a target price indicating a potential total return, reflecting confidence in the stock's future performance.
Operational MomentumThe company showcases strong operational momentum with an accelerating renewal rate, suggesting robust pricing power and effective management.
Strategic GrowthStrategic expansion into property lines has resulted in significant growth, demonstrating the company's ability to adapt and potentially mitigate future risks.
Bears Say
Asset ManagementHartford funds experienced net outflows substantially higher than anticipated, reflecting potential challenges in asset management.
EarningsHIG shares down on the EPS miss and continued pressure in personal insurance as well as high expectations given the stock's strong performance.
Financial PerformanceLimited partnership returns were worse than expected and may continue to impact results negatively.
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Ownership Overview
1.39% Insiders
35.43% Mutual Funds
41.13% Other Institutional Investors
22.06% 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 $66.29 and its highest was $103.64 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 in 69 days.
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 1.78%. 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 $2.36.
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 -3.825%.
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
Neutral
1
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4
5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$112.13 (8.82% Upside)
$112.13 (8.82% 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 $5.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 1.9%
Last 30 Days ▲ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.36%
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
$112.13
▲(8.82% Upside)
Technical Analysis
Best Analysts Covering HIG
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+13.31%
reiterated a buy rating last month
Copying Joshua Shanker's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +13.31% per trade.
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