The Hartford Financial Services Group Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Hartford Financial Services Group in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" The Hartford Financial Services Group stock.
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The Hartford Financial Services Group saw a drop in short interest in the month of May. As of May 28th, there was short interest totaling 3,390,000 shares, a drop of 28.3% from the May 13th total of 4,730,000 shares. Based on an average daily trading volume, of 3,480,000 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.0% of the shares of the company are short sold.
View The Hartford Financial Services Group's Short Interest.

The Hartford Financial Services Group is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for The Hartford Financial Services Group.

The Hartford Financial Services Group, Inc. (NYSE:HIG) announced its quarterly earnings data on Thursday, April, 22nd. The insurance provider reported $0.56 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.75 by $0.19. The insurance provider had revenue of $5.30 billion for the quarter, compared to analysts' expectations of $5.18 billion. The Hartford Financial Services Group had a trailing twelve-month return on equity of 10.43% and a net margin of 8.21%. The Hartford Financial Services Group's revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.34 EPS.
View The Hartford Financial Services Group's earnings history.

The Hartford Financial Services Group's stock was trading at $45.13 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HIG stock has increased by 37.7% and is now trading at $62.15.
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The Hartford Financial Services Group declared a quarterly dividend on Thursday, May 20th. Shareholders of record on Tuesday, June 1st will be paid a dividend of $0.35 per share on Friday, July 2nd. This represents a $1.40 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Friday, May 28th.
View The Hartford Financial Services Group's dividend history.

The Hartford Financial Services Group pays an annual dividend of $1.40 per share and currently has a dividend yield of 2.30%. The Hartford Financial Services Group does not yet have a strong track record of dividend growth. The dividend payout ratio of The Hartford Financial Services Group is 24.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Hartford Financial Services Group will have a dividend payout ratio of 20.93% next year. This indicates that The Hartford Financial Services Group will be able to sustain or increase its dividend.
View The Hartford Financial Services Group's dividend history.

The Hartford Financial Services Group announced that its Board of Directors has initiated a share repurchase program on Thursday, December 17th 2020, which authorizes the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 8.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

9 equities research analysts have issued 12 month target prices for The Hartford Financial Services Group's shares. Their forecasts range from $51.00 to $82.00. On average, they anticipate The Hartford Financial Services Group's share price to reach $70.64 in the next year. This suggests a possible upside of 13.7% from the stock's current price.
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839 employees have rated The Hartford Financial Services Group CEO Christopher Swift on Glassdoor.com. Christopher Swift has an approval rating of 89% among The Hartford Financial Services Group's employees.

Some companies that are related to The Hartford Financial Services Group include American International Group (AIG), Loews (L), American Financial Group (AFG), Assurant (AIZ), Kemper (KMPR), American National Group (ANAT), Genworth Financial (GNW) and Horace Mann Educators (HMN).
View all of HIG's competitors.

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), The 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).

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

The Hartford Financial Services Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.17%), Price T Rowe Associates Inc. MD (3.99%), Diamond Hill Capital Management Inc. (1.96%), Geode Capital Management LLC (1.75%), Dimensional Fund Advisors LP (1.60%) and LSV Asset Management (1.44%). Company insiders that own The Hartford Financial Services Group stock include Beth Ann Costello, Brion S Johnson, Christopher Swift, David C Robinson, Douglas G Elliot, Jonathan R Bennett, Martha Gervasi, Robert B Allardice III, Robert W Paiano, Trevor Fetter and William A Bloom.
View institutional ownership trends for The Hartford Financial Services Group.

HIG stock was sold by a variety of institutional investors in the last quarter, including Viking Global Investors LP, Amundi Asset Management US Inc., D. E. Shaw & Co. Inc., Ceredex Value Advisors LLC, Morgan Stanley, Man Group plc, Janus Henderson Group PLC, and Ensign Peak Advisors Inc. Company insiders that have sold The Hartford Financial Services Group company stock in the last year include Christopher Swift, Douglas G Elliot, Jonathan R Bennett, and William A Bloom.
View insider buying and selling activity for The Hartford Financial Services Group or view top insider-selling stocks.

HIG stock was acquired by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Ameriprise Financial Inc., BlackRock Inc., Nuance Investments LLC, Assenagon Asset Management S.A., Davidson Kempner Capital Management LP, Davidson Kempner Capital Management LP, and Credit Suisse AG. Company insiders that have bought The Hartford Financial Services Group stock in the last two years include Christopher Swift, and Trevor Fetter.
View insider buying and selling activity for The Hartford Financial Services Group or or view top insider-buying stocks.

Shares of HIG 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.
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One share of HIG stock can currently be purchased for approximately $62.15.

The Hartford Financial Services Group has a market capitalization of $22.20 billion and generates $20.52 billion in revenue each year. The insurance provider earns $1.74 billion in net income (profit) each year or $5.78 on an earnings per share basis.

The Hartford Financial Services Group employs 18,500 workers across the globe.

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.

The Hartford Financial Services Group was founded in 1810.

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

The Hartford Financial Services Group is headquartered at ONE HARTFORD PLAZA, HARTFORD CT, 06155.

The 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]