The Hartford Financial Services Group, Inc. More Details
No risks detected for HIG from our risk checks.
Excellent balance sheet established dividend payer.
Share Price & News
How has Hartford Financial Services Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HIG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: HIG's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: HIG exceeded the US Insurance industry which returned 62.3% over the past year.
Return vs Market: HIG exceeded the US Market which returned 52.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hartford Financial Services Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhy The Hartford Financial Services Group, Inc. (NYSE:HIG) Is A Top Dividend Stock
2 months ago | Simply Wall StHere's What We Like About Hartford Financial Services Group's (NYSE:HIG) Upcoming Dividend
2 months ago | Simply Wall StWho Has Been Buying The Hartford Financial Services Group, Inc. (NYSE:HIG) Shares?
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 ($66.89) is trading below our estimate of fair value ($124.15)
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 (14.2x) compared to the US Insurance industry average (13.6x).
PE vs Market: HIG is good value based on its PE Ratio (14.2x) compared to the US market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: HIG is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: HIG is overvalued based on its PB Ratio (1.4x) 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 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HIG's forecast earnings growth (17.7% per year) is above the savings rate (2%).
Earnings vs Market: HIG's earnings (17.7% per year) are forecast to grow faster than the US market (15.7% per year).
High Growth Earnings: HIG's earnings are forecast to grow, but not significantly.
Revenue vs Market: HIG's revenue (2.4% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: HIG's revenue (2.4% 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%).
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 (8.1%) are lower than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: HIG's earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: HIG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HIG had negative earnings growth (-0.9%) over the past year, making it difficult to compare to the Insurance industry average (25.8%).
Return on Equity
High ROE: HIG's Return on Equity (9.7%) is considered low.
How is Hartford Financial Services Group's financial position?
Financial Position Analysis
Short Term Liabilities: HIG's short term assets ($14.8B) exceed its short term liabilities ($7.2B).
Long Term Liabilities: HIG's short term assets ($14.8B) do not cover its long term liabilities ($49.3B).
Debt to Equity History and Analysis
Debt Level: HIG's debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: HIG's debt to equity ratio has reduced from 31.9% to 23.6% over the past 5 years.
Debt Coverage: HIG's debt is well covered by operating cash flow (103.7%).
Interest Coverage: HIG's interest payments on its debt are well covered by EBIT (12.3x coverage).
What is Hartford Financial Services Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HIG's dividend (2.09%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: HIG's dividend (2.09%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: HIG's dividends per share have been stable in the past 10 years.
Growing Dividend: HIG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.1%), HIG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HIG's dividends in 3 years are forecast to be well covered by earnings (22.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Swift (59 yo)
Mr. Christopher Jerome Swift, also known as Chris, serves as the Director of Citizens Financial Group, Inc since February 1, 2021. He has been the Chairman and Director of The Hartford Financial Services G...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD11.81M) is about average for companies of similar size in the US market ($USD11.15M).
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 (5.9 years average tenure).
Experienced Board: HIG's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Hartford Financial Services Group, Inc.'s company bio, 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$23.825b
- Shares outstanding: 357.19m
- Website: https://www.thehartford.com
Number of Employees
- The Hartford Financial Services Group, Inc.
- One Hartford Plaza
- United States
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....
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/06 22:33|
|End of Day Share Price||2021/05/06 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.