Log in

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

$35.13
+0.19 (+0.54 %)
(As of 03/29/2020 01:46 AM ET)
Today's Range
$32.08
Now: $35.13
$36.36
50-Day Range
$26.25
MA: $49.08
$59.81
52-Week Range
$19.04
Now: $35.13
$62.75
Volume4.69 million shs
Average Volume4.65 million shs
Market Capitalization$12.59 billion
P/E Ratio6.22
Dividend Yield3.72%
Beta0.72
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. This segment provides its products and services through regional offices, branches, sales and policyholder service centers, independent agents, brokers, and wholesalers. The company's Personal Lines segment offers automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment provides coverage for asbestos and environmental exposures. The company's Group Benefits segment offers group life, and accident and disability coverages, as well as other group coverages to members of employer and affinity groups, and associations through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment provides investment products for retail and retirement accounts; exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers; and investment-management and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.
Read More
Hartford Financial Services Group logo

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$20.74 billion
Cash Flow$6.97 per share
Book Value$44.22 per share

Profitability

Net Income$2.09 billion

Miscellaneous

Employees19,500
Market Cap$12.59 billion
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

Receive HIG News and Ratings via Email

Sign-up to receive the latest news and ratings for HIG and its competitors with MarketBeat's FREE daily newsletter.


Hartford Financial Services Group (NYSE:HIG) Frequently Asked Questions

How has Hartford Financial Services Group's stock been impacted by COVID-19 (Coronavirus)?

Hartford Financial Services Group's stock was trading at $45.13 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HIG stock has decreased by 22.2% and is now trading at $35.13. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Hartford Financial Services Group.

When is Hartford Financial Services Group's next earnings date?

Hartford Financial Services Group is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Hartford Financial Services Group.

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

Hartford Financial Services Group Inc (NYSE:HIG) announced its earnings results on Monday, February, 3rd. The insurance provider reported $1.43 earnings per share for the quarter, topping analysts' consensus estimates of $1.32 by $0.11. The insurance provider had revenue of $5.36 billion for the quarter, compared to analysts' expectations of $5.23 billion. Hartford Financial Services Group had a net margin of 10.05% and a return on equity of 13.60%. The firm's revenue was up 15.7% on a year-over-year basis. During the same quarter last year, the company earned $0.78 earnings per share. View Hartford Financial Services Group's earnings history.

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 Monday, February 3rd. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.325 per share on Thursday, April 2nd. This represents a $1.30 annualized dividend and a yield of 3.70%. The ex-dividend date is Friday, February 28th. This is an increase from Hartford Financial Services Group's previous quarterly dividend of $0.30. 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 of Directors has initiated a stock buyback plan on Monday, February 4th 2019, which allows the company to repurchase $1,000,000,000.00 in outstanding 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 stock is undervalued.

What price target have analysts set for HIG?

14 analysts have issued twelve-month price objectives for Hartford Financial Services Group's shares. Their forecasts range from $55.00 to $70.00. On average, they expect Hartford Financial Services Group's share price to reach $64.00 in the next year. This suggests a possible upside of 82.2% from the stock's current price. View analysts' price targets for Hartford Financial Services Group.

Has Hartford Financial Services Group been receiving favorable news coverage?

News coverage about HIG stock has been trending very negative on Sunday, according to InfoTrie. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Hartford Financial Services Group earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutHartford Financial Services Group.

Are investors shorting Hartford Financial Services Group?

Hartford Financial Services Group saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 4,717,200 shares, an increase of 14.2% from the February 27th total of 4,130,000 shares. Based on an average daily trading volume, of 2,160,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.3% of the shares of the company are short sold. 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 AT&T (T), Verizon Communications (VZ), Intel (INTC), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Home Depot (HD), Cisco Systems (CSCO), Bank of America (BAC), Wells Fargo & Co (WFC) and General Electric (GE).

Who are Hartford Financial Services Group's key executives?

Hartford Financial Services Group's management team includes the following 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)

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."

Who are Hartford Financial Services Group's major shareholders?

Hartford Financial Services Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (5.93%), Franklin Resources Inc. (4.05%), FMR LLC (1.97%), Geode Capital Management LLC (1.74%), LSV Asset Management (1.53%) and Nuveen Asset Management LLC (1.30%). 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, 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 FMR LLC, Amundi Pioneer Asset Management Inc., Bank of New York Mellon Corp, Thrivent Financial for Lutherans, Ceredex Value Advisors LLC, Nuveen Asset Management LLC, Prana Capital Management LP, and Franklin Resources Inc.. 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 activity 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 Norges Bank, AQR Capital Management LLC, Hexavest Inc., Scout Investments Inc., Schroder Investment Management Group, Martingale Asset Management L P, MERIAN GLOBAL INVESTORS UK Ltd, and Clark Capital Management 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 activity 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, Robinhood, 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 $35.13.

How big of a company is Hartford Financial Services Group?

Hartford Financial Services Group has a market capitalization of $12.59 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 19,500 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:  573 (Vote Outperform)
Underperform Votes:  519 (Vote Underperform)
Total Votes:  1,092
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 3/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel