S&P 500   4,273.79 (-0.20%)
DOW   33,562.86 (-0.59%)
QQQ   354.90 (+0.07%)
AAPL   179.58 (-0.76%)
MSFT   335.94 (+0.16%)
META   271.39 (-0.45%)
GOOGL   126.01 (+1.07%)
AMZN   125.30 (+0.85%)
TSLA   217.61 (+1.70%)
NVDA   391.71 (-0.40%)
NIO   7.67 (+1.46%)
BABA   84.40 (+0.15%)
AMD   117.93 (+0.06%)
T   15.39 (+1.18%)
F   12.59 (+1.61%)
MU   67.77 (-2.02%)
CGC   0.78 (-5.10%)
GE   104.10 (-1.61%)
DIS   91.00 (+0.25%)
AMC   4.63 (+1.76%)
PFE   38.65 (+0.76%)
PYPL   64.51 (+0.86%)
NFLX   403.54 (+0.77%)
S&P 500   4,273.79 (-0.20%)
DOW   33,562.86 (-0.59%)
QQQ   354.90 (+0.07%)
AAPL   179.58 (-0.76%)
MSFT   335.94 (+0.16%)
META   271.39 (-0.45%)
GOOGL   126.01 (+1.07%)
AMZN   125.30 (+0.85%)
TSLA   217.61 (+1.70%)
NVDA   391.71 (-0.40%)
NIO   7.67 (+1.46%)
BABA   84.40 (+0.15%)
AMD   117.93 (+0.06%)
T   15.39 (+1.18%)
F   12.59 (+1.61%)
MU   67.77 (-2.02%)
CGC   0.78 (-5.10%)
GE   104.10 (-1.61%)
DIS   91.00 (+0.25%)
AMC   4.63 (+1.76%)
PFE   38.65 (+0.76%)
PYPL   64.51 (+0.86%)
NFLX   403.54 (+0.77%)
S&P 500   4,273.79 (-0.20%)
DOW   33,562.86 (-0.59%)
QQQ   354.90 (+0.07%)
AAPL   179.58 (-0.76%)
MSFT   335.94 (+0.16%)
META   271.39 (-0.45%)
GOOGL   126.01 (+1.07%)
AMZN   125.30 (+0.85%)
TSLA   217.61 (+1.70%)
NVDA   391.71 (-0.40%)
NIO   7.67 (+1.46%)
BABA   84.40 (+0.15%)
AMD   117.93 (+0.06%)
T   15.39 (+1.18%)
F   12.59 (+1.61%)
MU   67.77 (-2.02%)
CGC   0.78 (-5.10%)
GE   104.10 (-1.61%)
DIS   91.00 (+0.25%)
AMC   4.63 (+1.76%)
PFE   38.65 (+0.76%)
PYPL   64.51 (+0.86%)
NFLX   403.54 (+0.77%)
S&P 500   4,273.79 (-0.20%)
DOW   33,562.86 (-0.59%)
QQQ   354.90 (+0.07%)
AAPL   179.58 (-0.76%)
MSFT   335.94 (+0.16%)
META   271.39 (-0.45%)
GOOGL   126.01 (+1.07%)
AMZN   125.30 (+0.85%)
TSLA   217.61 (+1.70%)
NVDA   391.71 (-0.40%)
NIO   7.67 (+1.46%)
BABA   84.40 (+0.15%)
AMD   117.93 (+0.06%)
T   15.39 (+1.18%)
F   12.59 (+1.61%)
MU   67.77 (-2.02%)
CGC   0.78 (-5.10%)
GE   104.10 (-1.61%)
DIS   91.00 (+0.25%)
AMC   4.63 (+1.76%)
PFE   38.65 (+0.76%)
PYPL   64.51 (+0.86%)
NFLX   403.54 (+0.77%)
NYSE:HIG

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

$69.94
-0.61 (-0.86%)
(As of 05:04 PM ET)
Compare
Today's Range
$69.79
▼
$70.58
50-Day Range
$66.78
▼
$71.38
52-Week Range
$60.17
▼
$79.44
Volume
1.09 million shs
Average Volume
2.05 million shs
Market Capitalization
$21.70 billion
P/E Ratio
12.04
Dividend Yield
2.43%
Price Target
$86.15
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

The Hartford Financial Services Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.54 Rating Score
Upside/​Downside
22.9% Upside
$86.15 Price Target
Short Interest
Healthy
0.92% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.71
Upright™ Environmental Score
News Sentiment
1.07mentions of The Hartford Financial Services Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$74,512 Sold Last Quarter
Proj. Earnings Growth
19.97%
From $7.91 to $9.49 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.99 out of 5 stars

Finance Sector

118th out of 871 stocks

Fire, Marine, & Casualty Insurance Industry

7th out of 45 stocks

See Top Rated MarketRank™ Stocks Here

HIG stock logo

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

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.

Receive HIG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for The Hartford Financial Services Group and its competitors with MarketBeat's FREE daily newsletter.

HIG Stock News Headlines

May 31, 2023 | finance.yahoo.com
HFF.SG - The Hartford Financial Services Group, Inc.
May 26, 2023 | finance.yahoo.com
The Hartford Financial Services Group, Inc. (NYSE:HIG) Passed Our Checks, And It's About To Pay A US$0.42 Dividend
June 5, 2023 | Edge On The Street (Ad)
Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium
The soaring demand for lithium is driven by worldwide demand for electric vehicles (EVs). Lithium is ideal for electric cars. It's lightweight, stores lots of energy and is rechargeable. Sales of EVs are expected to increase 10-fold by 2030 and estimates are that 1 in 2 cars sold will be electric by 2040.
May 25, 2023 | finance.yahoo.com
The Hartford Advances Sales Organizations With New Leadership In Group Benefits, Small Commercial and Personal Lines
May 24, 2023 | wsj.com
Hartford Financial Services Group Inc. Dep. Pfd. (Rep. 1/1000 Share 6% Pfd. Series G)
May 19, 2023 | americanbankingnews.com
The Hartford Financial Services Group, Inc. (HIG) to Distribute Quarterly Dividend of $0.43 on July 5th
May 19, 2023 | americanbankingnews.com
Q4 2023 Earnings Estimate for The Hartford Financial Services Group, Inc. (NYSE:HIG) Issued By Zacks Research
May 18, 2023 | finance.yahoo.com
The Hartford’s New Study Finds Most U.S. Workers Are Happy At Work, Yet Burnout Persists
June 5, 2023 | Edge On The Street (Ad)
Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium
The soaring demand for lithium is driven by worldwide demand for electric vehicles (EVs). Lithium is ideal for electric cars. It's lightweight, stores lots of energy and is rechargeable. Sales of EVs are expected to increase 10-fold by 2030 and estimates are that 1 in 2 cars sold will be electric by 2040.
May 18, 2023 | americanbankingnews.com
The Hartford Financial Services Group, Inc. Expected to Post Q1 2024 Earnings of $2.18 Per Share (NYSE:HIG)
May 17, 2023 | msn.com
The Hartford declares $0.425 dividend
May 17, 2023 | americanbankingnews.com
Analysts Set The Hartford Financial Services Group, Inc. (NYSE:HIG) Target Price at $86.15
May 16, 2023 | americanbankingnews.com
The Hartford Financial Services Group, Inc. to Post Q2 2023 Earnings of $1.78 Per Share, Zacks Research Forecasts (NYSE:HIG)
May 11, 2023 | americanbankingnews.com
Amy Stepnowski Sells 336 Shares of The Hartford Financial Services Group, Inc. (NYSE:HIG) Stock
May 11, 2023 | americanbankingnews.com
Financial Contrast: The Hartford Financial Services Group (NYSE:HIG) and RLI (NYSE:RLI)
May 8, 2023 | marketwatch.com
Hartford Financial Services Group Inc. stock rises Monday, outperforms market
May 5, 2023 | marketwatch.com
Hartford Financial Services Group Inc. stock rises Friday, outperforms market
May 5, 2023 | americanbankingnews.com
888 Reaffirms Reiterates Rating for The Hartford Financial Services Group (NYSE:HIG)
May 3, 2023 | finance.yahoo.com
The Hartford To Host Virtual Annual Meeting Of Shareholders On May 17
May 2, 2023 | americanbankingnews.com
The Hartford Financial Services Group (NYSE:HIG) PT Raised to $101.00 at Piper Sandler
May 1, 2023 | msn.com
Unusual Call Option Trade in Hartford Financial Services Group (HIG) Worth $34.00K
May 1, 2023 | markets.businessinsider.com
RBC Capital Reaffirms Their Hold Rating on Hartford Financial (HIG)
May 1, 2023 | americanbankingnews.com
Short Interest in The Hartford Financial Services Group, Inc. (NYSE:HIG) Declines By 7.4%
April 29, 2023 | finance.yahoo.com
Q1 2023 Hartford Financial Services Group Inc Earnings Call
April 28, 2023 | markets.businessinsider.com
Hartford Financial (HIG) Gets a Buy from Barclays
April 27, 2023 | finance.yahoo.com
The Hartford Announces First Quarter 2023 Financial Results
April 26, 2023 | finance.yahoo.com
Will Rising Costs Dampen Hartford's (HIG) Q1 Earnings Growth?
See More Headlines

HIG Price History

HIG Company Calendar

Ex-Dividend for 4/4 Dividend
3/03/2023
Dividend Payable
4/04/2023
Last Earnings
4/27/2023
Ex-Dividend for 7/5 Dividend
5/31/2023
Today
6/05/2023
Dividend Payable
7/05/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Insurance—Diversified
Sub-Industry
Multi-line Insurance
Sector
Financial Services
Current Symbol
NYSE:HIG
CUSIP
41651510
CIK
874766
Web
www.thehartford.com
Phone
(860) 547-5000
Fax
888-322-8444
Employees
18,800
Year Founded
1810

Price Target and Rating

Average Stock Price Forecast
$86.15
High Stock Price Forecast
$104.00
Low Stock Price Forecast
$77.00
Forecasted Upside/Downside
+23.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
13 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$5.81
Trailing P/E Ratio
12.04
Forward P/E Ratio
8.84
P/E Growth
1.27
Net Income
$1.82 billion
Net Margins
8.33%
Pretax Margin
10.36%
Return on Equity
18.45%
Return on Assets
3.41%

Debt

Debt-to-Equity Ratio
0.31
Current Ratio
0.32
Quick Ratio
0.32

Sales & Book Value

Annual Sales
$22.36 billion
Price / Sales
0.97
Cash Flow
$9.43 per share
Price / Cash Flow
7.42
Book Value
$41.80 per share
Price / Book
1.67

Miscellaneous

Outstanding Shares
310,230,000
Free Float
304,030,000
Market Cap
$21.70 billion
Optionable
Optionable
Beta
0.86

Social Links


Key Executives

  • Mr. Christopher Jerome Swift CPA (Age 62)
    Chairman & CEO
    Comp: $5.93M
  • Ms. Beth A. CostelloMs. Beth A. Costello (Age 55)
    Exec. VP & CFO
    Comp: $2.75M
  • Ms. Deepa Soni (Age 53)
    Exec. VP, Head of Technology, Data, Analytics & Information Security and Chief Inf. Officer
    Comp: $1.73M
  • Mr. David C. RobinsonMr. David C. Robinson (Age 57)
    Exec. VP & Gen. Counsel
    Comp: $1.89M
  • Mr. John J. Kinney (Age 51)
    Exec. VP and Head of Claims & Operations
  • Ms. Amy Marie Stepnowski (Age 54)
    Exec. VP & Chief Investment Officer
  • Mr. Allison Gayle Niderno (Age 43)
    Sr. VP, Controller & Principal Accounting Officer
  • Ms. Susan Spivak Bernstein
    Sr. Investor Relations Officer
  • Ms. Claire H. Burns (Age 54)
    Chief Marketing & Communications Officer
  • Mr. Adin Morris Tooker (Age 53)
    EVP, Middle and Large Commercial, Global Specialty and Sales & Distribution

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













HIG Stock - Frequently Asked Questions

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

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Hartford Financial Services Group in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HIG shares.
View HIG analyst ratings or view top-rated stocks.

What is The Hartford Financial Services Group's stock price forecast for 2023?

13 brokers have issued twelve-month price objectives for The Hartford Financial Services Group's shares. Their HIG share price forecasts range from $77.00 to $104.00. On average, they expect the company's stock price to reach $86.15 in the next twelve months. This suggests a possible upside of 23.2% from the stock's current price.
View analysts price targets for HIG or view top-rated stocks among Wall Street analysts.

How have HIG shares performed in 2023?

The Hartford Financial Services Group's stock was trading at $75.83 at the start of the year. Since then, HIG stock has decreased by 7.8% and is now trading at $69.94.
View the best growth stocks for 2023 here.

Are investors shorting The Hartford Financial Services Group?

The Hartford Financial Services Group saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,830,000 shares, a decline of 5.7% from the April 15th total of 3,000,000 shares. Based on an average daily volume of 2,230,000 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.9% of the company's shares are sold short.
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, July 27th 2023.
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 Thursday, April, 27th. The insurance provider reported $1.68 EPS for the quarter, meeting analysts' consensus estimates of $1.68. The insurance provider earned $5.91 billion during the quarter, compared to analysts' expectations of $5.70 billion. The Hartford Financial Services Group had a net margin of 8.33% and a trailing twelve-month return on equity of 18.45%. The Hartford Financial Services Group's quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.66 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, May 17th. Shareholders of record on Thursday, June 1st will be given a dividend of $0.425 per share on Wednesday, July 5th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date is Wednesday, May 31st.
Read our dividend analysis for HIG.

What ETFs hold The Hartford Financial Services Group's stock?

ETFs with the largest weight of The Hartford Financial Services Group (NYSE:HIG) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), iShares U.S. Insurance ETF (IAK), VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV), SPDR S&P Insurance ETF (KIE), Nuveen ESG Mid-Cap Value ETF (NUMV), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Fidelity Women's Leadership ETF (FDWM) and Invesco Zacks Mid-Cap ETF (CZA).

Is The Hartford Financial Services Group a good dividend stock?

The Hartford Financial Services Group (NYSE:HIG) pays an annual dividend of $1.70 per share and currently has a dividend yield of 2.41%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HIG will have a dividend payout ratio of 17.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HIG.

What guidance has The Hartford Financial Services Group issued on next quarter's earnings?

The Hartford Financial Services Group issued an update on its first quarter 2023 earnings guidance on Monday, April, 17th. The company provided earnings per share (EPS) guidance of $1.68-$1.68 for the period, compared to the consensus earnings per share estimate of $1.54. The company issued revenue guidance of -.

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).

What is The Hartford Financial Services Group's stock symbol?

The Hartford Financial Services Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIG."

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 shareholders include Price T Rowe Associates Inc. MD (8.42%), BlackRock Inc. (7.97%), State Street Corp (5.57%), FMR LLC (3.93%), Geode Capital Management LLC (2.11%) and Dimensional Fund Advisors LP (1.84%). Insiders that own company stock include Adin M Tooker, 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, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is The Hartford Financial Services Group's stock price today?

One share of HIG stock can currently be purchased for approximately $69.94.

How much money does The Hartford Financial Services Group make?

The Hartford Financial Services Group (NYSE:HIG) has a market capitalization of $21.70 billion and generates $22.36 billion in revenue each year. The insurance provider earns $1.82 billion in net income (profit) each year or $5.81 on an earnings per share basis.

How many employees does The Hartford Financial Services Group have?

The company employs 18,800 workers across the globe.

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
How can I contact The Hartford Financial Services Group?

The Hartford Financial Services Group's mailing address is ONE HARTFORD PLAZA, HARTFORD CT, 06155. The official website for the company is www.thehartford.com. The insurance provider can be reached via phone at (860) 547-5000, via email at investorrelations@thehartford.com, or via fax at 888-322-8444.

This page (NYSE:HIG) was last updated on 6/5/2023 by MarketBeat.com Staff

My Account -