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

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$41.80 +0.46 (+1.11 %)
(As of 12/12/2018 12:08 PM ET)
Previous Close$41.34
Today's Range$41.59 - $42.00
52-Week Range$40.59 - $59.20
Volume54,636 shs
Average Volume2.39 million shs
Market Capitalization$14.93 billion
P/E Ratio15.26
Dividend Yield2.88%
Beta0.92
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 Ratio15.26
Forward P/E Ratio9.41
P/E Growth0.99

Sales & Book Value

Annual Sales$16.97 billion
Price / Sales0.88
Cash Flow$4.0741 per share
Price / Cash Flow10.26
Book Value$37.83 per share
Price / Book1.10

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$14.93 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 announced a quarterly dividend on Thursday, October 18th. Shareholders of record on Monday, December 3rd will be paid a dividend of $0.30 per share on Wednesday, January 2nd. This represents a $1.20 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date 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 has approved a share repurchase plan 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 purchase up to 5% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors 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 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.

How can I listen to Hartford Financial Services Group's earnings call?

Hartford Financial Services Group will be holding an earnings conference call on Tuesday, February 5th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for HIG?

12 Wall Street analysts have issued twelve-month target prices for Hartford Financial Services Group's shares. Their predictions range from $52.00 to $60.00. On average, they expect Hartford Financial Services Group's stock price to reach $57.0909 in the next twelve months. This suggests a possible upside of 36.8% 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?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hartford Financial Services Group in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Hartford Financial Services Group.

What are Wall Street analysts saying about Hartford Financial Services Group stock?

Here are some recent quotes from research analysts about Hartford Financial Services Group stock:
  • 1. Wells Fargo & Co analysts commented, "We are not changing our EPS estimates at this time. HIG should preview its fire losses during a conference presentation next week (on 12/5). We expect the shares to not be significantly impacted by the meetings. Our sense is investors are more interested in The Hartford due to its lower valuation but are looking for a catalyst. We see the first catalyst as being either the company points to improved comp trends on its Q4 earnings call in February, or most likely when capital return becomes part of the story in H2 2019. We continue to have a Market Perform rating on the shares." (11/29/2018)
  • 2. According to Zacks Investment Research, "Hartford Financial’s shares have lost in a year’s time, wider than its industry's decline. Moreover, the company has witnessed its 2018 earnings estimates move upward over the past 30 days. Its solid fundamentals are likely to help its shares bounce back going forward. Strategic initiatives pave the way for long-term growth. Moreover, its investment results are impressive on the back of recent interest rate hikes. Its prudent capital management also remains a positive. The company’s performance has improved owing to a sturdy underwriting, strong investment performance and lower tax rates. However, the company is severely exposed to catastrophic loss. Moreover, softness in Personal Lines segment remains a major headwind. Escalating expenses is another concern for the company." (9/5/2018)

Has Hartford Financial Services Group been receiving favorable news coverage?

Media coverage about HIG stock has been trending positive on Wednesday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring 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 coverage optimism score of 2.3 on InfoTrie's scale. They also assigned news coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days.

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 Vanguard Group Inc. (10.34%), JPMorgan Chase & Co. (6.90%), Franklin Resources Inc. (4.51%), FMR LLC (2.77%), Bank of New York Mellon Corp (1.86%) and LSV Asset Management (1.55%). 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 institutional 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 TIAA CREF Investment 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 institutional investors are buying Hartford Financial Services Group stock?

HIG stock was bought by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Diamond Hill Capital Management Inc., Renaissance Technologies LLC, Vanguard Group Inc., Panagora Asset Management Inc., Dimensional Fund Advisors LP, Thrivent Financial for Lutherans and Morgan Stanley. 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 $41.74.

How big of a company is Hartford Financial Services Group?

Hartford Financial Services Group has a market capitalization of $14.93 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:  477 (Vote Outperform)
Underperform Votes:  421 (Vote Underperform)
Total Votes:  898
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 12/12/2018 by MarketBeat.com Staff

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