The Hartford Financial Services Group, Inc. (HIG)
| Market Cap | 29.58B |
| Revenue (ttm) | 25.04B |
| Net Income (ttm) | 2.70B |
| Shares Out | 295.76M |
| EPS (ttm) | 8.78 |
| PE Ratio | 11.39 |
| Forward PE | 9.56 |
| Dividend | $1.88 (1.88%) |
| Ex-Dividend Date | Jun 3, 2024 |
| Volume | 1,605,498 |
| Open | 98.99 |
| Previous Close | 99.89 |
| Day's Range | 98.96 - 100.19 |
| 52-Week Range | 68.82 - 105.20 |
| Beta | 0.93 |
| Analysts | Buy |
| Price Target | 106.24 (+6.21%) |
| Earnings Date | Jul 25, 2024 |
About HIG
The Hartford Financial Services Group, Inc., together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, indep... [Read more]
Financial Performance
In 2023, HIG's revenue was $24.53 billion, an increase of 9.68% compared to the previous year's $22.36 billion. Earnings were $2.48 billion, an increase of 38.10%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for HIG stock is "Buy." The 12-month stock price forecast is $106.24, which is an increase of 6.21% from the latest price.
News
AM Best Revises Issuer Credit Rating Outlook to Positive for The Hartford Financial Services Group, Inc. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICRs) and affirmed the Long-Term ICR of “a-” (Ex...
The Hartford's Future of Benefits Study: Generational Perspectives On The Workplace From Boomers to Zoomers
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford's fifth annual Future of Benefits Study, released today, reveals different generational perspectives about workplace productivity, employee benefits, per...
HIG Stock Is Up 26% YTD, Is It Now Fairly Valued?
Hartford Financial's stock (NYSE: HIG) has gained approximately 26% YTD as compared to the 11% rise in the S&P500 index over the same period. In sharp contrast, Hartford Financial's peer Travelers (NY...
The Hartford Appoints Kathleen Winters To Its Board Of Directors
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford today announced the appointment of Kathleen Winters to the company's board of directors, effective July 1, 2024. She will serve on the board's Finance, I...
The Hartford Introduces New Mental Health Resource For Its Group Benefits Customers In The Health Care Industry
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford, a leading provider of employee benefits and leave management, is collaborating with Marvin Behavioral Health1 to provide The Hartford's life and disabil...
The Hartford Declares Quarterly Dividends Of $0.47 Per Share Of Common Stock And $375 Per Share Of Series G Preferred Stock
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford's Board of Directors declared a dividend of $0.47 per share of common stock, payable July 2 to common stock shareholders of record at the close of busine...
The Hartford To Host Virtual Annual Meeting Of Shareholders On May 15
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford will host a virtual annual meeting of shareholders at 12:30 p.m. EDT, Wednesday, May 15. Shareholders of record at the close of business on March 18, 202...
The Hartford Announces Strong First Quarter 2024 Financial Performance
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the first quarter ended March 31, 2024. "The Hartford's first quarter 2024 financial results were excel...
More frequent and extreme weather events pose increasing risks to employee health and business performance
Risk analysis conducted by the newly formed National Commission on Climate and Workforce Health highlights need to bolster people, business, and economic resilience CEOs acknowledge extreme weather wi...
The Hartford And Active Minds Collaborate To Support The Mental Health Of Young Adults
HARTFORD, Conn.--(BUSINESS WIRE)-- #MentalHealth--The Hartford and Active Minds are collaborating to better support the mental health of the youngest generation in the workplace.
TD Cowen's Andrew Kligerman breaks down why drivers are seeing skyrocketing car insurance rates
Andrew Kligerman, TD Cowen managing director, joins 'Power Lunch' to discuss the increase in auto insurance and how it's impacted consumers.
Up 19% YTD, What To Expect From Hartford Financial Stock?
Hartford Financial's stock (NYSE: HIG) has gained approximately 19% YTD as compared to the 6% rise in the S&P500 index over the same period. Further, at the current price of $96 per share, it is tradi...
The Hartford Announces Outstanding Fourth Quarter And Full Year 2023 Financial Results
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the fourth quarter and year ended Dec. 31, 2023. “Fourth quarter and full year 2023 results were simply...
The Hartford Declares Quarterly Dividend Of $375 Per Share Of Series G Preferred Stock
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford's Board of Directors today declared a dividend of $375 on each of the Series G preferred stock (equivalent to $0.375 per depository share) payable on Feb...
The Hartford Announces Third Quarter 2023 Financial Results
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the quarter ended Sept. 30, 2023. “The Hartford continues to deliver strong financial performance with ...
Hartford Financial Stock Lost 4% YTD, Is Correction In The Cards?
Hartford Financial's stock (NYSE: HIG) has lost approximately 4% YTD as compared to the 12% rise in the S&P500 index over the same period.
The Hartford Announces Second Quarter 2023 Financial Results
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the quarter ended June 30, 2023. “The Hartford delivered another strong quarter in a dynamic market env...
The Hartford Declares Quarterly Dividends Of $0.425 Per Share Of Common Stock And $375 Per Share Of Series G Preferred Stock
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford's Board of Directors today declared a dividend of $0.425 per share of common stock, payable Oct. 3, to common stock shareholders of record at the close o...
Hartford Financial Stock Is Undervalued
Hartford Financial's stock (NYSE: HIG) has lost roughly 7% YTD as compared to the 13% rise in the S&P500 index over the same period.
The Hartford Announces First Quarter 2023 Financial Results
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the quarter ended March 31, 2023. "We are pleased to report The Hartford delivered a trailing 12-month ...
The Hartford Announces Preliminary Results For First Quarter 2023
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced preliminary earnings estimates for first quarter 2023, including net income available to common stockholders of $530 million,...
Is Hartford Financial Stock Fairly Priced?
Hartford Financial's stock (NYSE: HIG) has lost approximately 13% YTD as compared to the 3% rise in the S&P500 index over the same period.
The Hartford Announces Fourth Quarter And Full Year 2022 Financial Results
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the fourth quarter and year ended Dec. 31, 2022.
The Hartford Named To 2023 Bloomberg Gender-Equality Index For Eighth Consecutive Year
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford announced that it is included in the 2023 Bloomberg Gender-Equality Index (GEI). This marks the eighth consecutive year The Hartford has been named to ...
The Hartford Names Hank Dominioni Head Of Northeast Division Sales And Underwriting For Middle And Large Commercial
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford has appointed Hank Dominioni head of sales and underwriting for its Middle and Large Commercial Businesses' Northeast Division. In his new role, Domini...