Financial Services -
Insurance - Diversified - NYSE - US
$ 109.83
-3.29 %
$ 31.3 B
Market Cap
10.61
P/E
1. INTRINSIC VALUE
Balance Sheet
The Hartford Financial Services Group, Inc.
| Current Assets | 10.2 B |
| Cash & Short-Term Investments | 4.25 B |
| Receivables | 6 B |
| Other Current Assets | 0 |
| Non-Current Assets | 3.44 B |
| Long-Term Investments | 55.1 B |
| PP&E | 888 M |
| Other Non-Current Assets | -52.6 B |
| Current Liabilities | 614 M |
| Accounts Payable | 614 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 63.9 B |
| Long-Term Debt | 4.37 B |
| Other Non-Current Liabilities | 59.5 B |
EFFICIENCY
Earnings Waterfall
The Hartford Financial Services Group, Inc.
| Revenue | 26.5 B |
| Cost Of Revenue | 0 |
| Gross Profit | 26.5 B |
| Operating Expenses | 26.4 B |
| Operating Income | 0 |
| Other Expenses | -3.11 B |
| Net Income | 3.11 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
The Hartford Financial Services Group, Inc.
| Net Income | 3.11 B |
| Depreciation & Amortization | 2.28 B |
| Capital Expenditures | -145 M |
| Stock-Based Compensation | 22 M |
| Change in Working Capital | 0 |
| Others | 3.18 B |
| Free Cash Flow | 5.76 B |
Wall Street Analysts Price Targets
The Hartford Financial Services Group, Inc.
Wall Street analysts predict an average 1-year price target for HIG of $121 , with forecasts ranging from
a
low of
$110 to a high of $141 .
HIG Lowest Price Target
Wall Street Target
110 USD
0.15%
HIG Average Price Target
Wall Street Target
121 USD
10.34%
HIG Highest Price Target
Wall Street Target
141 USD
28.38%
4. DIVIDEND
ANALYSIS
0.44%
DIVIDEND YIELD
0.52 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
The Hartford Financial Services Group, Inc.
Sold
0-3 MONTHS
15.1 M USD 3
3-6 MONTHS
3.04 M USD 2
6-9 MONTHS
1.89 M USD 2
9-12 MONTHS
10.3 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
The Hartford Expands Roles For Two Key Executives
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford has expanded the roles of two key executives and announced a new organizational structure for its Technology and Operations functions. Shekar Pannala was named the company's chief information officer and leads Technology, as well as cyber security, infrastructure and cloud modernization. Jeffery Hawkins was named chief data, AI and operations officer. In addition to his work overseeing data, analytics and AI, Hawkins now leads Operations. Both Pann.
businesswire.com
- 1 week ago
Is the Options Market Predicting a Spike in Hartford Financial (HIG) Stock?
Investors need to pay close attention to Hartford Financial (HIG) stock based on the movements in the options market lately.
zacks.com
- 1 month ago
Stock Picks From Seeking Alpha's January 2025 New Analysts
In January, Seeking Alpha welcomed 29 new analysts. This article introduces them and showcases some of their top picks. Analysts highlighted include The Conservative Investor recommending Dassault Aviation, Christopher Gray on ASML Holding, and Inflexio Research on Bragg Gaming Group, all rated as Buys. Analysts' diverse backgrounds span sectors like technology, finance, and consumer staples, with investment strategies focusing on value, growth, and special situations.
seekingalpha.com
- 2 months ago
The Hartford Financial Services Group, Inc. (HIG) Q4 2024 Earnings Call Transcript
The Hartford Financial Services Group, Inc. (NYSE:HIG ) Q4 2024 Earnings Conference Call January 31, 2024 9:00 AM ET Company Participants Susan Spivak Bernstein - Senior Vice President of Investor Relations Christopher J. Swift - Chairman and Chief Executive Officer Beth Costello - Chief Financial Officer Morris Tooker - President Mike Fish - Head of Group Benefits Melinda Thompson - Head of Personal Lines Conference Call Participants Andrew Kligerman - TD Securities Brian Meredith - UBS Elyse Greenspan - Wells Fargo Bob Huang - Morgan Stanley Josh Shanker - Bank of America David Motemaden - Evercore ISI Gregory Peters - Raymond James Operator Good morning and welcome to the Hartford Financial Fourth Quarter and Full-Year 2024 Results Conference Call and Webcast.
seekingalpha.com
- 2 months ago
Hartford Financial Q4 Earnings Beat on P&C Earned Premiums Growth
HIG's fourth-quarter earnings benefit from rising premiums, net investment income, and well-performing Personal Lines business.
zacks.com
- 2 months ago
The Hartford (HIG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for The Hartford (HIG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 2 months ago
The Hartford Announces Outstanding Results For The Fourth Quarter and Full Year 2024
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the fourth quarter and year ended Dec. 31, 2024. “The Hartford delivered an outstanding year with a core earnings ROE of 16.7 percent,” said The Hartford's Chairman and CEO Christopher Swift. “Results were driven by sustained momentum in Commercial Lines, which once again generated strong top-line growth at highly profitable margins, significant progress in Personal Lines toward restoring target pro.
businesswire.com
- 2 months ago
Will Rising Costs Dampen Hartford Financial's Q4 Earnings Growth?
HIG's fourth-quarter results are expected to benefit from rising premiums and higher investment income, although higher expenses may have offset the positives.
zacks.com
- 2 months ago
Insurance Fallout Of The California Fires
Climate change and extreme weather events, particularly wildfires, are increasingly impacting the profitability of Property & Casualty insurance companies. Insurance companies are adapting by raising prices, being more selective in underwriting, or exiting high-risk markets like California due to severe losses and regulatory constraints. The recent LA wildfires are expected to be the costliest in U.S. history, significantly impacting insurers, especially Mercury General, due to its high concentration in California.
seekingalpha.com
- 2 months ago
The Hartford Announces Appointment Of A. Morris ‘Mo' Tooker As Company President
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford appointed Tooker as the company's president. In this new role, he will add Personal Lines to his current position overseeing Small Commercial, Middle & Large Commercial and Global Specialty, as well as Enterprise Sales & Distribution and Risk Services. This will align all of the company's property-and-casualty businesses under his leadership. In addition, Tooker will also be responsible for stewarding a number of enterprise-wide initiatives.
businesswire.com
- 3 months ago
Up 30% Last Year, What's Next For Travelers Stock?
Travelers' stock (NYSE: TRV) has gained about 30% since the start of 2024, versus the S&P 500 which remains up by 25% over the same period. In comparison, Travelers' peer, Hartford Financial (NYSE: HIG) has witnessed an even stronger performance rising by about 39% over the same period.
forbes.com
- 3 months ago
What's Happening With Hartford Stock?
Hartford Financial's stock (NYSE: HIG) has gained approximately 39% since early 2024, compared to the 23% increase in the S&P500 index over the same period. In comparison, Hartford Financial's peer Travelers (NYSE: TRV) stock was up about 30% over the same period.
forbes.com
- 3 months ago
8. Profile
Summary
The Hartford Financial Services Group, Inc. HIG
COUNTRY
US
INDUSTRY
Insurance - Diversified
MARKET CAP
$ 31.3 B
Dividend Yield
0.44%
Description
The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, 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. 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 a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers investment products for retail and retirement accounts; exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers; and investment management and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.
Contact
One Hartford Plaza, Hartford, CT, 06155
https://www.thehartford.com
IPO
Date
Dec. 15, 1995
Employees
19100
Officers
Mr. Paul Hiscox
Chief Sales & Underwriting Officer of Personal Lines
Mr. Mark Azzolino
Head of Global Specialty Digital Solutions
Ms. Lynn Kennedy
Head of Sales & Distribution of Small Commercial
Mr. Hayes Henderson
Head of Sales & Relationship Management for Group Benefits
Ms. Karen Raftery
Head of the New Group Benefits Vertical
Ms. Laura Hamilton
Head of Western Division
Mr. Allison Gayle Niderno
Senior Vice President, Controller & Principal Accounting Officer
Mr. Stephen Deane
Chief Claims Officer
Ms. Beth A. Costello CPA
Chief Financial Officer
Mr. Christopher Jerome Swift CPA
Chairman & Chief Executive Officer