The Hartford Financial Services Group (HIG) to Release Quarterly Earnings on Thursday

The Hartford Financial Services Group (NYSE:HIG - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Thursday, April 24th. Analysts expect The Hartford Financial Services Group to post earnings of $2.28 per share and revenue of $6.97 billion for the quarter.

The Hartford Financial Services Group (NYSE:HIG - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The insurance provider reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.26. The Hartford Financial Services Group had a net margin of 11.72% and a return on equity of 19.55%. On average, analysts expect The Hartford Financial Services Group to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year.

The Hartford Financial Services Group Stock Down 2.9 %

HIG traded down $3.47 during trading on Monday, hitting $114.33. 1,336,512 shares of the company's stock were exchanged, compared to its average volume of 1,578,114. The stock has a market cap of $32.93 billion, a P/E ratio of 11.05, a PEG ratio of 1.12 and a beta of 0.68. The business's 50 day moving average is $117.14 and its two-hundred day moving average is $115.30. The Hartford Financial Services Group has a fifty-two week low of $94.47 and a fifty-two week high of $125.08. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.27.

The Hartford Financial Services Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Monday, March 3rd were given a $0.52 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $2.08 annualized dividend and a yield of 1.82%. The Hartford Financial Services Group's payout ratio is 20.10%.

Analyst Ratings Changes

A number of research firms have recently weighed in on HIG. JPMorgan Chase & Co. raised their target price on The Hartford Financial Services Group from $125.00 to $129.00 and gave the company a "neutral" rating in a report on Tuesday, April 8th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $125.00 price objective on shares of The Hartford Financial Services Group in a report on Monday, February 3rd. Raymond James increased their target price on shares of The Hartford Financial Services Group from $125.00 to $135.00 and gave the company an "outperform" rating in a report on Monday, March 31st. Piper Sandler boosted their price target on shares of The Hartford Financial Services Group from $130.00 to $145.00 and gave the stock an "overweight" rating in a report on Tuesday, April 1st. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of The Hartford Financial Services Group from $140.00 to $133.00 and set an "outperform" rating for the company in a research note on Wednesday, April 9th. Eight equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, The Hartford Financial Services Group presently has an average rating of "Moderate Buy" and an average target price of $124.13.

Insider Transactions at The Hartford Financial Services Group

In related news, EVP Robert W. Paiano sold 13,138 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $117.20, for a total value of $1,539,773.60. Following the transaction, the executive vice president now owns 31,678 shares of the company's stock, valued at $3,712,661.60. This represents a 29.32 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Christopher Swift sold 1,144 shares of The Hartford Financial Services Group stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $125.00, for a total value of $143,000.00. Following the sale, the chief executive officer now directly owns 211,082 shares of the company's stock, valued at approximately $26,385,250. This trade represents a 0.54 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 112,343 shares of company stock valued at $13,488,337. 1.60% of the stock is currently owned by company insiders.

The Hartford Financial Services Group Company Profile

The Hartford Financial Services Group, Inc, together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers.