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

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

Hartford Financial Services Group announced a quarterly dividend on Monday, February 3rd. Shareholders of record on Monday, March 2nd will be given a dividend of $0.325 per share on Thursday, April 2nd. This represents a $1.30 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from Hartford Financial Services Group's previous quarterly dividend of $0.30. View Hartford Financial Services Group's Dividend History.

Hartford Financial Services Group announced that its Board of Directors has authorized a share buyback plan on Monday, February 4th 2019, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 5.9% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

Hartford Financial Services Group Inc (NYSE:HIG) posted its earnings results on Monday, February, 3rd. The insurance provider reported $1.43 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.32 by $0.11. The insurance provider had revenue of $5.36 billion for the quarter, compared to the consensus estimate of $5.23 billion. Hartford Financial Services Group had a net margin of 10.05% and a return on equity of 13.60%. Hartford Financial Services Group's quarterly revenue was up 15.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.78 EPS. View Hartford Financial Services Group's Earnings History.

Hartford Financial Services Group is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Hartford Financial Services Group.

11 Wall Street analysts have issued 12 month price objectives for Hartford Financial Services Group's shares. Their forecasts range from $61.00 to $70.00. On average, they expect Hartford Financial Services Group's share price to reach $66.20 in the next year. This suggests a possible upside of 32.3% from the stock's current price. View Analyst Price Targets 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.

News coverage about HIG stock has trended extremely negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hartford Financial Services Group earned a media sentiment score of -4.4 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Hartford Financial Services Group.

Hartford Financial Services Group saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 3,640,000 shares, an increase of 9.3% from the January 15th total of 3,330,000 shares. Based on an average daily volume of 1,860,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.0% of the shares of the stock are short sold. View Hartford Financial Services Group's Current Options Chain.

Some companies that are related to Hartford Financial Services Group include American International Group (AIG), Loews (L), American Financial Group (AFG), Assurant (AIZ), Kemper (KMPR), American National Insurance (ANAT), Genworth Financial (GNW) and Horace Mann Educators (HMN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hartford Financial Services Group investors own include Intel (INTC), AT&T (T), Verizon Communications (VZ), Walt Disney (DIS), Home Depot (HD), Bank of America (BAC), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), General Electric (GE) and Wells Fargo & Co (WFC).

Hartford Financial Services Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (5.93%), Franklin Resources Inc. (4.02%), FMR LLC (1.97%), Geode Capital Management LLC (1.74%), LSV Asset Management (1.53%) and Diamond Hill Capital Management Inc. (1.20%). Company insiders that own Hartford Financial Services Group stock include Beth Ann Bombara, Beth Ann Costello, Brion S Johnson, Christopher Swift, David C Robinson, Jonathan R Bennett, Julie Richardson, Martha Gervasi, Robert B Allardice III, Robert W Paiano, Scott R Lewis, Trevor Fetter and William A Bloom. View Institutional Ownership Trends for Hartford Financial Services Group.

HIG stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Amundi Pioneer Asset Management Inc., Bank of New York Mellon Corp, Thrivent Financial for Lutherans, Ceredex Value Advisors LLC, Prana Capital Management LP, Franklin Resources Inc. and PGGM Investments. Company insiders that have sold Hartford Financial Services Group company stock in the last year include Beth Ann Costello, Brion S Johnson, Christopher Swift, David C Robinson, Jonathan R Bennett, Martha Gervasi, Robert B Allardice III, Robert W Paiano and William A Bloom. View Insider Buying and Selling for Hartford Financial Services Group.

HIG stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Hexavest Inc., Scout Investments Inc., Schroder Investment Management Group, Martingale Asset Management L P, MERIAN GLOBAL INVESTORS UK Ltd, Clark Capital Management Group Inc. and M&G Investment Management Ltd.. Company insiders that have bought Hartford Financial Services Group stock in the last two years include Christopher Swift, Julie Richardson and Trevor Fetter. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of HIG stock can currently be purchased for approximately $50.05.

Hartford Financial Services Group has a market capitalization of $17.93 billion and generates $20.74 billion in revenue each year. The insurance provider earns $2.09 billion in net income (profit) each year or $5.65 on an earnings per share basis. Hartford Financial Services Group employs 18,500 workers across the globe.View Additional Information About Hartford Financial Services Group.

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

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]