The Hartford Financial Services Group, Inc.
Hartford Financial Services Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$69.56|
|52 Week High||US$34.69|
|52 Week Low||US$71.31|
|1 Month Change||5.51%|
|3 Month Change||14.31%|
|1 Year Change||86.74%|
|3 Year Change||36.61%|
|5 Year Change||62.64%|
|Change since IPO||179.64%|
Recent News & Updates
Is Now The Time To Put Hartford Financial Services Group (NYSE:HIG) On Your Watchlist?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Hartford Financial: Making Its Go-It-Alone Case, But The Market Hasn't Really Rewarded It
Hartford posted significantly better than expected second quarter earnings, with a well-mixed contribution of higher investment income, better attritional losses, lower cats, reserve developments, premium growth, and expense efficiency. The Hartford Next efficiency program has a legitimate chance to drive meaningful cost savings, including pushing the expense ratio below 30% and driving ROE toward 13%-14% depending upon capital returns. Core long-term earnings growth of 5% and near-term ROE in the 11.5% to 12.75% range can support a fair value in the mid-$70s and double-digit longer-term returns.
Time To Worry? Analysts Just Downgraded Their The Hartford Financial Services Group, Inc. (NYSE:HIG) Outlook
One thing we could say about the analysts on The Hartford Financial Services Group, Inc. ( NYSE:HIG ) - they aren't...
|HIG||US Insurance||US Market|
Return vs Industry: HIG exceeded the US Insurance industry which returned 35.9% over the past year.
Return vs Market: HIG exceeded the US Market which returned 33.8% over the past year.
Stable Share Price: HIG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HIG's weekly volatility (3%) has been stable over the past year.
About the Company
The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, continental Europe, and internationally. Its Commercial Lines segment offers workers’ compensation, property, automobile, liability, umbrella, bond, marine, livestock, and reinsurance; and customized insurance products and risk management services, including professional liability, bond, surety, and specialty casualty coverages 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 channel and independent agents.
Hartford Financial Services Group Fundamentals Summary
|HIG fundamental statistics|
Is HIG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HIG income statement (TTM)|
|Cost of Revenue||US$13.90b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||5.96|
|Net Profit Margin||9.97%|
How did HIG perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is Hartford Financial Services Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HIG ($69.56) is trading below our estimate of fair value ($136.27)
Significantly Below Fair Value: HIG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HIG is poor value based on its PE Ratio (11.3x) compared to the US Insurance industry average (9.5x).
PE vs Market: HIG is good value based on its PE Ratio (11.3x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: HIG is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: HIG is overvalued based on its PB Ratio (1.3x) compared to the US Insurance industry average (1.1x).
How is Hartford Financial Services Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HIG's forecast earnings growth (8.7% per year) is above the savings rate (2%).
Earnings vs Market: HIG's earnings (8.7% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: HIG's earnings are forecast to grow, but not significantly.
Revenue vs Market: HIG's revenue (2.6% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: HIG's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HIG's Return on Equity is forecast to be low in 3 years time (13.4%).
How has Hartford Financial Services Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HIG has high quality earnings.
Growing Profit Margin: HIG's current net profit margins (10%) are higher than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: HIG's earnings have grown significantly by 27.7% per year over the past 5 years.
Accelerating Growth: HIG's earnings growth over the past year (18.4%) is below its 5-year average (27.7% per year).
Earnings vs Industry: HIG earnings growth over the past year (18.4%) underperformed the Insurance industry 76%.
Return on Equity
High ROE: HIG's Return on Equity (11.8%) is considered low.
How is Hartford Financial Services Group's financial position?
Financial Position Analysis
Short Term Liabilities: HIG's short term assets ($15.1B) exceed its short term liabilities ($7.4B).
Long Term Liabilities: HIG's short term assets ($15.1B) do not cover its long term liabilities ($49.1B).
Debt to Equity History and Analysis
Debt Level: HIG's debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: HIG's debt to equity ratio has reduced from 31.3% to 24.2% over the past 5 years.
Debt Coverage: HIG's debt is well covered by operating cash flow (95.3%).
Interest Coverage: HIG's interest payments on its debt are well covered by EBIT (15.1x coverage).
What is Hartford Financial Services Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HIG's dividend (2.01%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: HIG's dividend (2.01%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: HIG's dividends per share have been stable in the past 10 years.
Growing Dividend: HIG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.6%), HIG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HIG's dividends in 3 years are forecast to be well covered by earnings (21.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Swift (60 yo)
Mr. Christopher Jerome Swift, also known as Chris, serves as the Director of Citizens Financial Group, Inc since February 1, 2021. He serves as Director of Citizens Bank, National Association. He has been...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD11.81M) is about average for companies of similar size in the US market ($USD11.36M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Experienced Management: HIG's management team is seasoned and experienced (6.7 years average tenure).
Experienced Board: HIG's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HIG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Hartford Financial Services Group, Inc.'s employee growth, exchange listings and data sources
- Name: The Hartford Financial Services Group, Inc.
- Ticker: HIG
- Exchange: NYSE
- Founded: NaN
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: US$24.150b
- Shares outstanding: 347.19m
- Website: https://www.thehartford.com
Number of Employees
- The Hartford Financial Services Group, Inc.
- One Hartford Plaza
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 22:02|
|End of Day Share Price||2021/09/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.