NYSE:HIG - Hartford Financial Services Group Stock Price, News, & Analysis

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$44.07 -1.25 (-2.76 %)
(As of 11/15/2018 07:08 AM ET)
Previous Close$45.32
Today's Range$43.7532 - $45.49
52-Week Range$43.31 - $59.20
Volume3.80 million shs
Average Volume2.34 million shs
Market Capitalization$16.33 billion
P/E Ratio16.08
Dividend Yield2.64%
Beta0.94
The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers in the United States. It operates through five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Mutual Funds. The Commercial Lines segment offers workers' compensation, property, automobile, marine, livestock, liability, and umbrella insurance products, as well as customized insurance products and risk management services, including professional liability, bond, surety, and specialty casualty coverages. The Personal Lines segment provides automobile, homeowners, and personal umbrella coverages to individuals. The Property & Casualty Other Operations segment provides coverage for asbestos and environmental exposures. The Group Benefits segment provides group life, accident and 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 coverages and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. The Mutual Funds segment provides investment products for retail and retirement accounts, as well as exchange-traded products; and investment-management and administrative services, such as product design, implementation, and oversight. The Hartford Financial Services Group, Inc. was founded in 1810 and is headquartered in Hartford, Connecticut.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryMulti-line Insurance
SectorFinance
Current SymbolNYSE:HIG
Previous Symbol
CUSIP41651510
Phone860-547-5000

Debt

Debt-to-Equity Ratio0.33
Current Ratio0.29
Quick Ratio0.29

Price-To-Earnings

Trailing P/E Ratio16.08
Forward P/E Ratio9.32
P/E Growth1.01

Sales & Book Value

Annual Sales$16.97 billion
Price / Sales0.93
Cash Flow$3.9278 per share
Price / Cash11.22
Book Value$35.48 per share
Price / Book1.24

Profitability

EPS (Most Recent Fiscal Year)$2.74
Net Income$-3,131,000,000.00
Net Margins-11.09%
Return on Equity12.20%
Return on Assets1.12%

Miscellaneous

Employees16,400
Outstanding Shares358,730,000
Market Cap$16.33 billion
OptionableOptionable

Hartford Financial Services Group (NYSE:HIG) Frequently Asked Questions

What is Hartford Financial Services Group's stock symbol?

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

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

Hartford Financial Services Group declared a quarterly dividend on Thursday, October 18th. Investors of record on Monday, December 3rd will be given a dividend of $0.30 per share on Wednesday, January 2nd. This represents a $1.20 annualized dividend and a yield of 2.72%. The ex-dividend date of this dividend is Friday, November 30th. View Hartford Financial Services Group's Dividend History.

How will Hartford Financial Services Group's stock buyback program work?

Hartford Financial Services Group declared that its Board of Directors has approved a stock buyback program on Tuesday, July 11th 2017, which authorizes the company to buyback $775,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

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

Hartford Financial Services Group Inc (NYSE:HIG) posted its quarterly earnings results on Thursday, October, 25th. The insurance provider reported $1.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.04 by $0.11. The insurance provider had revenue of $4.80 billion for the quarter. Hartford Financial Services Group had a positive return on equity of 12.20% and a negative net margin of 11.09%. View Hartford Financial Services Group's Earnings History.

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

Hartford Financial Services Group is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Hartford Financial Services Group.

What price target have analysts set for HIG?

11 equities research analysts have issued 12 month price targets for Hartford Financial Services Group's shares. Their forecasts range from $52.00 to $60.00. On average, they expect Hartford Financial Services Group's share price to reach $57.5833 in the next year. This suggests a possible upside of 30.7% from the stock's current price. View Analyst Price Targets for Hartford Financial Services Group.

What is the consensus analysts' recommendation for Hartford Financial Services Group?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hartford Financial Services Group in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Hartford Financial Services Group.

Has Hartford Financial Services Group been receiving favorable news coverage?

Media stories about HIG stock have been trending somewhat positive on Thursday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hartford Financial Services Group earned a coverage optimism score of 1.3 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are some of Hartford Financial Services Group's key competitors?

Who are Hartford Financial Services Group's key executives?

Hartford Financial Services Group's management team includes the folowing people:
  • Mr. Christopher Jerome Swift, Chairman & CEO (Age 57)
  • Mr. Douglas Graham Elliot, Pres (Age 58)
  • Ms. Beth Ann Bombara, Exec. VP & CFO (Age 50)
  • Mr. William A. Bloom, Exec. VP, Operations, Technology & Data (Age 54)
  • Mr. Brion Scott Johnson CFA, Chief Investment Officer (Age 58)

Who are Hartford Financial Services Group's major shareholders?

Hartford Financial Services Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (6.90%), Franklin Resources Inc. (4.51%), FMR LLC (2.77%), Bank of New York Mellon Corp (1.86%), LSV Asset Management (1.55%) and Dimensional Fund Advisors LP (1.27%). Company insiders that own Hartford Financial Services Group stock include Beth Ann Bombara, Brion S Johnson, David C Robinson, Scott R Lewis and Teresa Wynn Roseborough. View Institutional Ownership Trends for Hartford Financial Services Group.

Which major investors are selling Hartford Financial Services Group stock?

HIG stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Janus Henderson Group PLC, TCW Group Inc., York Capital Management Global Advisors LLC, Vaughan Nelson Investment Management L.P., FMR LLC, Mitsubishi UFJ Trust & Banking Corp and Capital Returns Management LLC. Company insiders that have sold Hartford Financial Services Group company stock in the last year include Beth Ann Bombara, Brion S Johnson, David C Robinson and Scott R Lewis. View Insider Buying and Selling for Hartford Financial Services Group.

Which major investors are buying Hartford Financial Services Group stock?

HIG stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Diamond Hill Capital Management Inc., Renaissance Technologies LLC, Panagora Asset Management Inc., Dimensional Fund Advisors LP, American Century Companies Inc., Ceredex Value Advisors LLC and Marathon Asset Management LLP. View Insider Buying and Selling for Hartford Financial Services Group.

How do I buy shares of Hartford Financial Services Group?

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

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

One share of HIG stock can currently be purchased for approximately $44.07.

How big of a company is Hartford Financial Services Group?

Hartford Financial Services Group has a market capitalization of $16.33 billion and generates $16.97 billion in revenue each year. The insurance provider earns $-3,131,000,000.00 in net income (profit) each year or $2.74 on an earnings per share basis. Hartford Financial Services Group employs 16,400 workers across the globe.

What is Hartford Financial Services Group's official website?

The official website for Hartford Financial Services Group is http://www.thehartford.com.

How can I contact Hartford Financial Services Group?

Hartford Financial Services Group's mailing address is ONE HARTFORD PLAZA, HARTFORD CT, 06155. The insurance provider can be reached via phone at 860-547-5000 or via email at [email protected]


MarketBeat Community Rating for Hartford Financial Services Group (NYSE HIG)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  473 (Vote Outperform)
Underperform Votes:  413 (Vote Underperform)
Total Votes:  886
MarketBeat's community ratings are surveys of what our community members think about Hartford Financial Services Group and other stocks. Vote "Outperform" if you believe HIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HIG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/15/2018 by MarketBeat.com Staff

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