The Hartford Financial Services Group, Inc. (HIG)
- Previous Close
99.86 - Open
99.77 - Bid 88.70 x 800
- Ask 97.00 x 800
- Day's Range
98.47 - 100.07 - 52 Week Range
67.05 - 103.64 - Volume
1,972,600 - Avg. Volume
1,854,762 - Market Cap (intraday)
29.459B - Beta (5Y Monthly) --
- PE Ratio (TTM)
12.43 - EPS (TTM)
7.97 - Earnings Date Apr 26, 2024
- Forward Dividend & Yield 1.88 (1.90%)
- Ex-Dividend Date Mar 1, 2024
- 1y Target Est
109.08
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, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channels and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, 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 and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and leave management solution. This segment also distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded funds through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.
www.thehartford.com18,700
Full Time Employees
December 31
Fiscal Year Ends
Sector
Insurance - Property & Casualty
Industry
Recent News: HIG
Performance Overview: HIG
Trailing total returns as of 4/25/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: HIG
Valuation Measures
Market Cap
29.46B
Enterprise Value
34.03B
Trailing P/E
12.43
Forward P/E
9.52
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
1.27
Price/Book (mrq)
1.96
Enterprise Value/Revenue
1.40
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
10.86%
Return on Assets (ttm)
2.93%
Return on Equity (ttm)
18.26%
Revenue (ttm)
25.06B
Net Income Avi to Common (ttm)
2.7B
Diluted EPS (ttm)
7.97
Balance Sheet and Cash Flow
Total Cash (mrq)
3.25B
Total Debt/Equity (mrq)
28.21%
Levered Free Cash Flow (ttm)
5.62B
Research Analysis: HIG
Company Insights: HIG
Fair Value
Dividend Score
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Insider Sentiment Score
Research Reports: HIG
Analyst Report: Hartford Finl Servs Grp Inc
Hartford Financial Services Group Inc., is a leading multiline insurance company. The company distributes its insurance products and other financial services through independent agencies. The shares are a component of the S&P 500.
RatingPrice TargetMarket Digest: MKL, CHH, COF, DFS, HIG, LNT, MAN, TWLO, FOXA
We've seen growing evidence of rotation away from mega-cap tech. Indeed, even a textbook 'impressive' beat can lead to a 'sell the news' reaction for these stocks. Betting on more near-term upside from these stocks, no matter what they report, is a tough technical game as they all have extreme 14-day and 14-week Relative Strength Index (RSI) readings in the high 70s to mid-80s.
Daily Spotlight: Values in Financials and Information Technology
Each month we take a close look at an aspect of sector investing. This month, we are examining growth and valuation. Investors hunting for stocks that reasonably balance long-term growth prospects and current value characteristics might want to look at companies in the Financial Services, Technology, and Industrial sectors. These are among the industry groups that are selling for (price/earnings)/(growth+yield) ratios at or below the S&P 500's ratio of 2.0. To generate the PEGY ratios, we use the P/E ratio for each sector based on forward earnings for the numerator. For the denominator, we average the growth rates for the past five years along with two years of forward estimates, in order to achieve a smoother and less-volatile trend of earnings growth. We then add the current yield, to approximate total return. As an example, the current S&P 500 P/E ratio is 17, the current yield is 1.6%, and the forecast five-year growth rate is 7.1%. The formula is 17/(1.6+7.1)=2.0. Premium-valued sectors with low growth rates include the Consumer Staples and Utilities industries. Based on our analysis of growth rates and valuations, along with other factors, we have established our current over-weight sectors as Technology, Financial, Consumer Discretionary and Communication Services. Our under-weight sectors are Energy and Consumer Staples. Our Market-Weight sectors are Healthcare, Industrial, Utilities, Real Estate, and Basic Materials.
Analyst Report: Hartford Finl Servs Grp Inc
Hartford Financial Services Group Inc., is a leading multiline insurance company. The company distributes its insurance products and other financial services through independent agencies. The shares are a component of the S&P 500.
RatingPrice Target