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

$58.10
-1.38 (-2.32 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$57.86
Now: $58.10
$59.81
50-Day Range
$56.59
MA: $57.78
$59.58
52-Week Range
$40.54
Now: $58.10
$59.81
Volume1.86 million shs
Average Volume2.08 million shs
Market Capitalization$21.01 billion
P/E Ratio13.42
Dividend Yield2.02%
Beta0.67
The Hartford Financial Services Group, Inc, through its subsidiaries, provides insurance and financial services to individual and business customers in the United States. Its Commercial Lines segment offers workers' compensation, property, automobile, marine, livestock, liability, and umbrella coverages; and customized insurance products and risk management services, including professional liability, bond, surety, and specialty casualty coverages. Read More…

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryMulti-line Insurance
SectorFinance
CUSIP41651510
Phone860-547-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$18.96 billion
Cash Flow$5.7525 per share
Book Value$41.37 per share

Profitability

Net Income$1.81 billion

Miscellaneous

Employees18,500
Market Cap$21.01 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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, July 18th. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.30 per share on Tuesday, October 1st. This represents a $1.20 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend is Friday, August 30th. View Hartford Financial Services Group's Dividend History.

How will Hartford Financial Services Group's stock buyback program work?

Hartford Financial Services Group announced that its Board of Directors has approved a stock repurchase program on Monday, February 4th 2019, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5.9% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its stock is undervalued.

How were Hartford Financial Services Group's earnings last quarter?

Hartford Financial Services Group Inc (NYSE:HIG) issued its quarterly earnings results on Thursday, August, 1st. The insurance provider reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.11 by $0.22. The insurance provider earned $5.09 billion during the quarter, compared to analyst estimates of $5.07 billion. Hartford Financial Services Group had a return on equity of 12.44% and a net margin of 8.36%. The company's revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.13 EPS. 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, October 24th 2019. View Earnings Estimates for Hartford Financial Services Group.

What price target have analysts set for HIG?

14 brokerages have issued 12 month price targets for Hartford Financial Services Group's shares. Their forecasts range from $53.00 to $70.00. On average, they expect Hartford Financial Services Group's stock price to reach $62.1667 in the next year. This suggests a possible upside of 7.0% 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?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hartford Financial Services Group in the last year. There are currently 3 hold ratings and 11 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. According to Zacks Investment Research, "Hartford Financial's shares have outperformed its industry year to date.  Its strategic initiatives pave the way for long-term growth. Moreover, its investment results are impressive. 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. The acqusition of Navigators will expand its business profile and will lead to long term growth. Its first-quarter 2019 adjusted operating earnings of $1.39 per share beat the Zacks Consensus Estimate by 12% as well as improved 9.4% year over year, backed by stronger core earnings in Group Benefits and lower Corporate core losses. However, the company is exposed to catastrophic loss, weighing down its margins. Moreover, softness in Personal Lines segment for the past few years remains a major headwind. Escalating expenses is another concern for the company." (5/20/2019)
  • 2. 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)

Has Hartford Financial Services Group been receiving favorable news coverage?

Press coverage about HIG stock has been trending positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hartford Financial Services Group earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned news coverage about the insurance provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the near term. View News Stories for Hartford Financial Services Group.

Are investors shorting Hartford Financial Services Group?

Hartford Financial Services Group saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 4,725,200 shares, an increase of 5.0% from the June 30th total of 4,498,300 shares. Based on an average trading volume of 2,100,000 shares, the short-interest ratio is currently 2.3 days. Approximately 1.3% of the shares of the stock are sold short. View Hartford Financial Services Group's Current Options Chain.

Who are some of Hartford Financial Services Group's key competitors?

What other stocks do shareholders of Hartford Financial Services Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hartford Financial Services Group investors own include Intel (INTC), General Electric (GE), Bank of America (BAC), AT&T (T), Ford Motor (F), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Wells Fargo & Co (WFC), Citigroup (C) and EnLink Midstream (ENLC).

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 58)
  • Mr. Douglas Graham Elliot, Pres (Age 59)
  • Ms. Beth A. Bombara Costello, Exec. VP & CFO (Age 51)
  • Mr. William A. Bloom, Exec. VP of Operations, Technology & Data (Age 55)
  • Mr. Brion Scott Johnson C.F.A., CFA, Exec. VP & Chief Investment Officer (Age 59)

Who are Hartford Financial Services Group's major shareholders?

Hartford Financial Services Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.79%), BlackRock Inc. (8.31%), BlackRock Inc. (8.31%), Invesco Ltd. (4.41%), Bank of New York Mellon Corp (1.56%) and LSV Asset Management (1.53%). Company insiders that own Hartford Financial Services Group stock include Beth Ann Bombara, Beth Ann Costello, Brion S Johnson, Christopher Swift, David C Robinson, 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.

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 D. E. Shaw & Co. Inc., Carlson Capital L P, Quest Capital Management Inc. ADV, Balyasny Asset Management LLC, Renaissance Technologies LLC, Bank of America Corp DE, Point72 Asset Management L.P. and Diamond Hill Capital Management Inc.. Company insiders that have sold Hartford Financial Services Group company stock in the last year include Beth Ann Costello, Brion S Johnson, David C Robinson, Martha Gervasi, Robert B Allardice III, Robert W Paiano and William A Bloom. 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 Nuveen Asset Management LLC, BlackRock Inc., BlackRock Inc., Robeco Institutional Asset Management B.V., Bank of New York Mellon Corp, Banco Santander S.A., TD Asset Management Inc. and Vanguard Group Inc.. 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.

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 $58.10.

How big of a company is Hartford Financial Services Group?

Hartford Financial Services Group has a market capitalization of $21.01 billion and generates $18.96 billion in revenue each year. The insurance provider earns $1.81 billion in net income (profit) each year or $4.33 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.

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:  2.6 out of 5 (star star)
Outperform Votes:  522 (Vote Outperform)
Underperform Votes:  467 (Vote Underperform)
Total Votes:  989
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 8/23/2019 by MarketBeat.com Staff

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