The Hartford Financial Services Group, Inc. (HIG)
| Market Cap | 31.73B |
| Revenue (ttm) | 26.08B |
| Net Income (ttm) | 3.01B |
| Shares Out | 289.89M |
| EPS (ttm) | 9.97 |
| PE Ratio | 10.98 |
| Forward PE | 9.69 |
| Dividend | $2.08 (1.90%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 1,577,018 |
| Open | 106.65 |
| Previous Close | 107.06 |
| Day's Range | 106.11 - 109.76 |
| 52-Week Range | 79.19 - 124.90 |
| Beta | 0.95 |
| Analysts | Buy |
| Price Target | 122.65 (+12.04%) |
| Earnings Date | Jan 30, 2025 |
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 $24.55 billion, an increase of 9.83% 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 $122.65, which is an increase of 12.04% from the latest price.
News
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 Expands Partnership With Workday To Provide Simpler, More Personalized Wellness Experiences
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford, a leading provider of employee benefits and absence management services, has been named a strategic Workday Wellness partner.
14 Upcoming Dividend Increases, Including A King
Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend inc...
The Hartford: A Safe Insurer To Keep Buying As Indicators Show Growth & Low Debt
The Hartford Financial gets its buy rating from January reaffirmed. This established firm has a diversified business model including growth indicators in insurance, group benefits, and mutual funds. W...
The Hartford Announces New Leadership Appointments In Global Specialty
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford has expanded Michael Garrison's role to include the International division, along with his current responsibilities as head of the company's U.S. wholesa...
The Hartford Financial Services Group, Inc. (HIG) Q3 2024 Earnings Call Transcript
The Hartford Financial Services Group, Inc. (NYSE:HIG) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants Susan Spivak Bernstein - Senior Vice President, Investor Relat...
Hartford Financial third-quarter profit rises on underwriting gains, investment income
Insurance firm Hartford Financial Services posted an 18% rise in third-quarter profit on Thursday, as the company benefited from strong underwriting gains in its property & casualty (P&C) segment and ...
The Hartford Announces Excellent Third Quarter 2024 Financial Performance
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the third quarter ended Sept. 30, 2024. "The Hartford delivered an excellent quarter with a trailing 12...
AM Best Assigns Indicative Issue Credit Ratings to The Hartford Financial Services Group, Inc.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned indicative Long-Term Issue Credit Ratings of “a-” (Excellent) to senior unsecured issues, “bbb+” (Good) to senior subordinated issues ...
Our Top 10 Dividend Growth Stocks - September 2024
This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and...
Hartford Financial: A Massive Rally, And The Earnings Story Is Still There
Hartford Financial: A Massive Rally, And The Earnings Story Is Still There
Hartford Financial: Bullish On ROE Expansion Potential And Appealing Shareholder Yield
Hartford Financial's ROE has the potential to go higher, if the proportion of revenue contributed by the high-ROE Property & Casualty segment increases going forward. The new $3.3 billion share buybac...
Top 5 Financials Stocks That May Fall Off A Cliff This Month
As of July 29, 2024, five stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The Hartford Financial Services Group, Inc. (HIG) Q2 2024 Earnings Call Transcript
The Hartford Financial Services Group, Inc. (NYSE:HIG) Q2 2024 Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants Susan Spivak - Senior Vice President, Investor Relations Chris Sw...
The Hartford Announces Outstanding Second Quarter 2024 Financial Performance
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the second quarter ended June 30, 2024. “The Hartford's second quarter 2024 financial results were outs...
Our Top 10 Dividend Growth Stocks: July 2024
This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and...
Hartford Financial Services Group Digital Transformation Strategy Analysis 2024: Accelerators, Incubators, and Other Innovation Programs
Dublin, July 04, 2024 (GLOBE NEWSWIRE) -- The "Hartford Financial Services Group Inc. - Digital transformation strategies" company profile has been added to ResearchAndMarkets.com's offering. This rep...
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...