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U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
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U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Liverpool owner FSG announces minority investment by New York equity firm
3 Reasons Micron is a Buy on Market Weakness
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Nursing Home REITs: The Surprise Heroes of High Yield Investing
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Liverpool owner FSG announces minority investment by New York equity firm
3 Reasons Micron is a Buy on Market Weakness
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Nursing Home REITs: The Surprise Heroes of High Yield Investing
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Liverpool owner FSG announces minority investment by New York equity firm
3 Reasons Micron is a Buy on Market Weakness
NYSE:HIG

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

$72.12
+0.41 (+0.57%)
(As of 09/28/2023 ET)
Compare
Today's Range
$71.67
$72.42
50-Day Range
$71.03
$76.07
52-Week Range
$61.89
$79.44
Volume
1.17 million shs
Average Volume
1.19 million shs
Market Capitalization
$22.06 billion
P/E Ratio
11.59
Dividend Yield
2.36%
Price Target
$85.46

The Hartford Financial Services Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
18.5% Upside
$85.46 Price Target
Short Interest
Healthy
1.00% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.71
Upright™ Environmental Score
News Sentiment
1.01mentions of The Hartford Financial Services Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$326,053 Sold Last Quarter
Proj. Earnings Growth
21.28%
From $7.80 to $9.46 Per Share

Overall MarketRank

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

2.66 out of 5 stars

Finance Sector

233rd out of 868 stocks

Fire, Marine, & Casualty Insurance Industry

13th out of 47 stocks


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.

HIG Price History

HIG Stock News Headlines

U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
Hartford Financial: Cheap With Catalysts
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
Wells Fargo Sticks to Its Buy Rating for Hartford Financial (HIG)
RBC Capital Sticks to Its Hold Rating for Hartford Financial (HIG)
5 Reasons To Be Bullish On The Hartford Financial
See More Headlines
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HIG Company Calendar

Ex-Dividend for 7/5 Dividend
5/31/2023
Dividend Payable
7/05/2023
Last Earnings
7/27/2023
Ex-Dividend for 10/3 Dividend
8/31/2023
Today
9/29/2023
Dividend Payable
10/03/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$85.46
High Stock Price Forecast
$104.00
Low Stock Price Forecast
$71.00
Forecasted Upside/Downside
+18.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
$1.82 billion
Pretax Margin
10.56%

Debt

Sales & Book Value

Annual Sales
$22.36 billion
Cash Flow
$9.51 per share
Book Value
$41.80 per share

Miscellaneous

Free Float
300,312,000
Market Cap
$22.06 billion
Optionable
Optionable
Beta
0.86

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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













HIG Stock - Frequently Asked Questions

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

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Hartford Financial Services Group in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research 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 forecast for 2023?

12 analysts have issued 1 year target prices for The Hartford Financial Services Group's stock. Their HIG share price forecasts range from $71.00 to $104.00. On average, they anticipate the company's stock price to reach $85.46 in the next twelve months. This suggests a possible upside of 18.5% 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 on January 1st, 2023. Since then, HIG shares have decreased by 4.9% and is now trading at $72.12.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 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) released its quarterly earnings data on Thursday, July, 27th. The insurance provider reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.03. The insurance provider had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.09 billion. The Hartford Financial Services Group had a net margin of 8.53% and a trailing twelve-month return on equity of 17.54%.
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 declared a quarterly dividend on Wednesday, July 19th. Stockholders of record on Friday, September 1st will be given a dividend of $0.425 per share on Tuesday, October 3rd. This represents a $1.70 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Thursday, August 31st.
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 $1.70 per share and currently has a dividend yield of 2.36%. 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 27.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HIG will have a dividend payout ratio of 17.97% 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).

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."

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 $72.12.

How much money does The Hartford Financial Services Group make?

The Hartford Financial Services Group (NYSE:HIG) has a market capitalization of $22.06 billion and generates $22.36 billion in revenue each year. The insurance provider earns $1.82 billion in net income (profit) each year or $6.22 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 9/29/2023 by MarketBeat.com Staff

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