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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Laser breakthrough could send stock soaring 2,467% (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
66,000% upside on tiny biotech? (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Laser breakthrough could send stock soaring 2,467% (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
66,000% upside on tiny biotech? (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Laser breakthrough could send stock soaring 2,467% (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
66,000% upside on tiny biotech? (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NYSE:HIG

The Hartford Financial Services Group (HIG) Stock Price, News & Analysis

$94.52
+0.60 (+0.64%)
(As of 02/22/2024 ET)
Today's Range
$93.78
$94.90
50-Day Range
$79.07
$94.52
52-Week Range
$64.25
$94.90
Volume
1.69 million shs
Average Volume
1.75 million shs
Market Capitalization
$28.43 billion
P/E Ratio
11.83
Dividend Yield
1.99%
Price Target
$90.60

The Hartford Financial Services Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.53 Rating Score
Upside/​Downside
4.1% Downside
$90.60 Price Target
Short Interest
Healthy
1.45% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.71
Upright™ Environmental Score
News Sentiment
1.24mentions of The Hartford Financial Services Group in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$29.43 M Sold Last Quarter
Proj. Earnings Growth
13.71%
From $9.99 to $11.36 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.84 out of 5 stars

Finance Sector

54th out of 815 stocks

Fire, Marine, & Casualty Insurance Industry

2nd out of 49 stocks


HIG stock logo

About The Hartford Financial Services Group Stock (NYSE:HIG)

The Hartford Financial Services Group, Inc. 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, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.

HIG Stock Price History

HIG Stock News Headlines

Disturbing Truth About Biden's New Program To Seize Your Cash
A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
10 Best Car Insurance in Massachusetts for 2024
Disturbing Truth About Biden's New Program To Seize Your Cash
A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
HIG Jun 2024 90.000 put
Another homeowners’ insurance carrier leaves California
See More Headlines
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Company Calendar

Ex-Dividend for 1/3 Dividend
11/30/2023
Dividend Payable
1/03/2024
Last Earnings
2/02/2024
Today
2/22/2024
Dividend Payable
4/02/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 4/2 Dividend
1/01/2100

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Multi-line Insurance
CUSIP
41651510
Employees
18,800
Year Founded
1810

Price Target and Rating

Average Stock Price Target
$90.60
High Stock Price Target
$115.00
Low Stock Price Target
$77.00
Potential Upside/Downside
-4.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.53
Research Coverage
15 Analysts

Profitability

Net Income
$2.50 billion
Pretax Margin
12.59%

Debt

Sales & Book Value

Annual Sales
$24.53 billion
Cash Flow
$9.55 per share
Book Value
$49.85 per share

Miscellaneous

Free Float
295,356,000
Market Cap
$28.43 billion
Optionable
Optionable
Beta
0.87

Social Links

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Key Executives

  • Mr. Christopher Jerome Swift CPA (Age 63)
    Chairman & CEO
    Comp: $5.93M
  • Ms. Beth A. CostelloMs. Beth A. Costello (Age 56)
    Executive VP & CFO
    Comp: $2.75M
  • Ms. Deepa Soni (Age 54)
    Executive VP, Head of Technology, Data, Analytics & Information Security and Chief Inf. Officer
    Comp: $1.73M
  • Mr. John J. Kinney (Age 52)
    Executive VP and Head of Claims & Operations
  • Ms. Amy Marie Stepnowski (Age 55)
    Executive VP & Chief Investment Officer
    Comp: $1.85M
  • Mr. Allison Gayle Niderno (Age 44)
    Senior VP, Controller & Principal Accounting Officer
  • Ms. Susan Spivak Bernstein
    Senior Vice President of Investor Relations
  • Mr. Donald C. Hunt
    Senior VP & Corporate Secretary and General Counsel
  • Ms. Claire H. Burns (Age 55)
    Chief Marketing & Communications Officer
  • Mr. Adin Morris Tooker (Age 54)
    EVP, Middle and Large Commercial, Global Specialty and Sales & Distribution

Should I Buy The Hartford Financial Services Group Stock? HIG Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of The Hartford Financial Services Group was last updated on Tuesday, February 20, 2024 at 9:44 PM.














HIG Stock Analysis - Frequently Asked Questions

Should I buy or sell The Hartford Financial Services Group stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Hartford Financial Services Group in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HIG shares.
View HIG analyst ratings
or view top-rated stocks.

What is The Hartford Financial Services Group's stock price target for 2024?

15 equities research analysts have issued 1-year price objectives for The Hartford Financial Services Group's stock. Their HIG share price targets range from $77.00 to $115.00. On average, they predict the company's stock price to reach $90.60 in the next year. This suggests that the stock has a possible downside of 4.1%.
View analysts price targets for HIG
or view top-rated stocks among Wall Street analysts.

How have HIG shares performed in 2024?

The Hartford Financial Services Group's stock was trading at $80.38 at the start of the year. Since then, HIG stock has increased by 17.6% and is now trading at $94.52.
View the best growth stocks for 2024 here
.

Are investors shorting The Hartford Financial Services Group?

The Hartford Financial Services Group saw a decline in short interest in January. As of January 31st, there was short interest totaling 4,350,000 shares, a decline of 5.8% from the January 15th total of 4,620,000 shares. Based on an average daily trading volume, of 1,630,000 shares, the short-interest ratio is presently 2.7 days. Approximately 1.5% of the company's stock are short sold.
View The Hartford Financial Services Group's Short Interest
.

When is The Hartford Financial Services Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our HIG earnings forecast
.

How were The Hartford Financial Services Group's earnings last quarter?

The Hartford Financial Services Group, Inc. (NYSE:HIG) issued its earnings results on Friday, February, 2nd. The insurance provider reported $3.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.44 by $0.62. The insurance provider earned $6.40 billion during the quarter, compared to analysts' expectations of $5.84 billion. The Hartford Financial Services Group had a net margin of 10.21% and a trailing twelve-month return on equity of 19.82%. The company's revenue was up 6.4% on a year-over-year basis. During the same period last year, the business posted $2.31 earnings per share.
Read the conference call transcript
.

How often does The Hartford Financial Services Group pay dividends? What is the dividend yield for The Hartford Financial Services Group?

The Hartford Financial Services Group announced a quarterly dividend on Wednesday, February 21st. Stockholders of record on Monday, March 4th will be given a dividend of $0.47 per share on Tuesday, April 2nd. This represents a $1.88 annualized dividend and a yield of 1.99%.
Read our dividend analysis for HIG
.

Is The Hartford Financial Services Group a good dividend stock?

The Hartford Financial Services Group (NYSE:HIG) pays an annual dividend of $1.88 per share and currently has a dividend yield of 2.01%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HIG will have a dividend payout ratio of 16.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HIG.

What is Christopher Swift's approval rating as The Hartford Financial Services Group's CEO?

839 employees have rated The Hartford Financial Services Group Chief Executive Officer Christopher Swift on Glassdoor.com. Christopher Swift has an approval rating of 89% among the company's employees.

What other stocks do shareholders of The Hartford Financial Services Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Hartford Financial Services Group investors own include Bank of America (BAC), AT&T (T), Walt Disney (DIS), Intel (INTC), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Cisco Systems (CSCO), CVS Health (CVS), Bristol-Myers Squibb (BMY) and Pfizer (PFE).

Who are The Hartford Financial Services Group's major shareholders?

The Hartford Financial Services Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.89%), Price T Rowe Associates Inc. MD (6.20%), Hotchkis & Wiley Capital Management LLC (2.03%), Dimensional Fund Advisors LP (1.89%), Victory Capital Management Inc. (1.74%) and LSV Asset Management (1.60%). Insiders that own company stock include Adin M Tooker, Allison G Niderno, Amy Stepnowski, Beth Ann Costello, Christopher Swift, David C Robinson, Douglas G Elliot, Jonathan R Bennett, Michael R Fisher, Robert B Allardice III, Robert W Paiano, Scott R Lewis, Stephanie C Bush, William A Bloom and William A Bloom.
View institutional ownership trends
.

How do I buy shares of The Hartford Financial Services Group?

Shares of HIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does The Hartford Financial Services Group have any subsidiaries?
The following companies are subsidiares of The Hartford Financial Services Group: 1stAgChoice Inc., Access CoverageCorp Inc., Access CoverageCorp Technologies Inc., Business Management Group Inc., Cervus Claim Solutions LLC, FP R LLC, FTC Resolution Company LLC, First State Insurance Company, Fountain Investors I LLC, Fountain Investors II LLC, Fountain Investors III LLC, Fountain Investors IV LLC, HIMCO Distribution Services Company, HL Investment Advisors LLC, HLA LLC, HRA Brokerage Services Inc., Hart Re Group L.L.C., Hartford Accident and Indemnity Company, Hartford Administrative Services Company, Hartford Casualty General Agency Inc., Hartford Casualty Insurance Company, Hartford Fire General Agency Inc., Hartford Fire Insurance Company, Hartford Funds Distributors LLC, Hartford Funds Management Company LLC, Hartford Funds Management Group Inc., Hartford Group Benefits Holding Company, Hartford Holdings Inc., Hartford Insurance Company of Illinois, Hartford Insurance Company of the Midwest, Hartford Insurance Company of the Southeast, Hartford Insurance Ltd., Hartford Integrated Technologies Inc., Hartford Investment Management Company, Hartford Life Ltd., Hartford Life and Accident Insurance Company, Hartford Lloyd’s Corporation, Hartford Lloyd’s Insurance Company, Hartford Management Ltd., Hartford Residual Market L.L.C., Hartford STAG Ventures LLC, Hartford Specialty Insurance Services of Texas LLC, Hartford Strategic Investments LLC, Hartford Underwriters General Agency Inc., Hartford Underwriters Insurance Company, Hartford of Texas General Agency Inc., Heritage Holdings Inc., Heritage Reinsurance Company Ltd., Horizon Management Group LLC, Lattice Strategies LLC, MPC Resolution Company LLC, Maxum Casualty Insurance Company, Maxum Indemnity Company, Maxum Specialty Services Corporation, New England Insurance Company, New England Reinsurance Corporation, New Ocean Insurance Co. Ltd., Nutmeg Insurance Agency Inc., Nutmeg Insurance Company (Connecticut, Pacific Insurance Company Limited, Property and Casualty Insurance Company of Hartford, Renato Acquisition Co., Sentinel Insurance Company Ltd., Trumbull Flood Management L.L.C., Trumbull Insurance Company, Twin City Fire Insurance Company, and Y-Risk LLC.
Read More
This page (NYSE:HIG) was last updated on 2/23/2024 by MarketBeat.com Staff