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. Investors 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 annualized dividend and a yield of 2.50%. The ex-dividend date is Friday, February 28th. This is a boost from Hartford Financial Services Group's previous quarterly dividend of $0.30. View Hartford Financial Services Group's Dividend History.

Hartford Financial Services Group declared that its Board of Directors has approved a share buyback plan on Monday, February 4th 2019, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 5.9% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

Hartford Financial Services Group Inc (NYSE:HIG) released its quarterly earnings data on Monday, February, 3rd. The insurance provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.32 by $0.11. The insurance provider had revenue of $5.36 billion for the quarter, compared to analyst estimates 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 quarter in the prior year, the company 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 equities research analysts have issued twelve-month price targets for Hartford Financial Services Group's shares. Their forecasts range from $61.00 to $70.00. On average, they anticipate Hartford Financial Services Group's share price to reach $66.20 in the next twelve months. This suggests a possible upside of 27.4% 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.

Media stories about HIG stock have trended negative on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hartford Financial Services Group earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned headlines about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Hartford Financial Services Group.

Hartford Financial Services Group saw a increase in short interest during 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 short-interest ratio is currently 2.0 days. Currently, 1.0% of the company's shares are sold short. 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 institutional and retail 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 $51.96.

Hartford Financial Services Group has a market capitalization of $18.61 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]