About Hartford Financial Services Group (NYSE:HIG)
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.
Industry, Sector and Symbol
Industry Fire, marine, & casualty insurance
Trailing P/E Ratio19.62
Forward P/E Ratio11.69
Sales & Book Value
Annual Sales$16.97 billion
Price / Sales1.13
Cash Flow$4.0574 per share
Price / Cash13.25
Book Value$37.83 per share
Price / Book1.42
EPS (Most Recent Fiscal Year)$2.74
Return on Equity8.93%
Return on Assets0.61%
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 declared a quarterly dividend on Thursday, May 17th. Shareholders of record on Friday, June 1st will be paid a dividend of $0.25 per share on Monday, July 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date is Thursday, May 31st. 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 program on Tuesday, July 11th 2017, which permits the company to buyback $775,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.
How were Hartford Financial Services Group's earnings last quarter?
Hartford Financial Services Group Inc (NYSE:HIG) announced its earnings results on Thursday, April, 26th. The insurance provider reported $1.27 EPS for the quarter, topping the consensus estimate of $1.07 by $0.20. The insurance provider earned $4.69 billion during the quarter, compared to analysts' expectations of $4.62 billion. Hartford Financial Services Group had a negative net margin of 15.59% and a positive return on equity of 8.93%. Hartford Financial Services Group's revenue was up 12.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.76 EPS. View Hartford Financial Services Group's Earnings History.
When is Hartford Financial Services Group's next earnings date?
What price target have analysts set for HIG?
11 equities research analysts have issued 1 year target prices for Hartford Financial Services Group's shares. Their predictions range from $54.00 to $65.00. On average, they anticipate Hartford Financial Services Group's share price to reach $59.3333 in the next twelve months. View Analyst Ratings for Hartford Financial Services Group.
Who are some of Hartford Financial Services Group's key competitors?
Some companies that are related to Hartford Financial Services Group include Chubb (CB), American International Group (AIG), Tokio Marine (TKOMY), Progressive (PGR), Travelers Companies (TRV), Allstate (ALL), Ms&Ad Insurance Group (MSADY), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Loews (L), Markel (MKL), XL Group (XL), Cna Financial (CNA), Cincinnati Financial (CINF), Arch Capital Group (ACGL) and American Financial Group (AFG).
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 and Pres of Hartford Investment Management Co. & Talcott Resolution (Age 58)
Has Hartford Financial Services Group been receiving favorable news coverage?
Headlines about HIG stock have been trending positive this week, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hartford Financial Services Group earned a media sentiment score of 0.45 on Accern's scale. They also assigned news articles about the insurance provider an impact score of 43.64 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
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 LSV Asset Management (1.58%), Pzena Investment Management LLC (0.12%), Gulf International Bank UK Ltd (0.03%), Public Employees Retirement Association of Colorado (0.02%), Mn Services Vermogensbeheer B.V. (0.02%) and Dynamic Technology Lab Private Ltd (0.01%). Company insiders that own Hartford Financial Services Group stock include Beth Ann Bombara, Brion S Johnson, David C Robinson, H Patrick Swygert, 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 LSV Asset Management, Gulf International Bank UK Ltd, Public Employees Retirement Association of Colorado and Mn Services Vermogensbeheer B.V.. 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?
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 $53.76.
How big of a company is Hartford Financial Services Group?
Hartford Financial Services Group has a market capitalization of $19.25 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.
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 (HIG)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.