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Hartford Financial Services Group (HIG)
NYSE:HIG
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Hartford Financial (HIG) Stock Price & Analysis

594 Followers

HIG Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
Earnings GrowthImproving Personal Lines and strong net investment income supported overall earnings.
ProfitabilitySignificant increases in personal auto prices that Hartford has been implementing into its renewals and new business are expected to turn underwriting losses into a healthy profit.
ValuationROE implies shares are undervalued: HIG continues to trade below the valuation implied by its ROE.
Bears Say
Earnings OutlookThere is a risk that the multi-year peak underwriting margins in workers’ comp and group disability may not be sustainable.
Financial PerformancePressure on Commercial Line underwriting offset the positive earnings.
ValuationHartford shares have seen a significant valuation multiple expansion, leaving less room for further growth compared to the start of the year.
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Financials

Annual

Ownership Overview

0.33%31.43%15.72%24.95%
15.72% Other Institutional Investors
24.95% 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 Available
There 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 $76.65 and its highest was $123.23 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 Jan 30, 2025 which is in 65 days.
      How were Hartford Financial Services Group’s earnings last quarter?
      Hartford Financial Services Group released its earnings results on Oct 24, 2024. The company reported $2.53 earnings per share for the quarter, missing the consensus estimate of $2.544 by -$0.014.
        Is Hartford Financial Services Group overvalued?
        According to Wall Street analysts Hartford Financial Services Group’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Hartford Financial Services Group pay dividends?
          Hartford Financial Services Group pays a Quarterly dividend of $0.52 which represents an annual dividend yield of 1.56%. 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 $2.68.
              How many shares outstanding does Hartford Financial Services Group have?
              Hartford Financial Services Group has 289,891,000 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 $2.53 in its last earnings report, missing expectations of $2.544. Following the earnings report the stock price went down -6.807%.
                  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 407M.
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                    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

                    Q3 2024
                    0:00 / 0:00
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                    HIG Stock 12 Month Forecast

                    Average Price Target

                    $129.09
                    ▲(6.05% Upside)
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                    Best Analysts Covering HIG

                    1 Year
                    Paul NewsomePiper Sandler
                    1 Year Success Rate
                    12/13 ratings generated profit
                    92%
                    1 Year Average Return
                    +28.69%
                    reiterated a buy rating 2 months ago
                    Copying Paul Newsome's trades and holding each position for 1 Year would result in 92.31% of your transactions generating a profit, with an average return of +28.69% per trade.
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