|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||60.31 - 62.56|
|52 Week Range||34.69 - 69.94|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||12.98|
|Earnings Date||Oct 27, 2021 - Nov 01, 2021|
|Forward Dividend & Yield||1.40 (2.26%)|
|Ex-Dividend Date||Aug 31, 2021|
|1y Target Est||74.93|
The Hartford (HIG) delivered earnings and revenue surprises of 75.19% and 5.10%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
HARTFORD, Conn., July 28, 2021--The Hartford (NYSE: HIG) today announced financial results for the second quarter ended June 30, 2021. In the quarter, The Hartford earned $900 million in net income available to common shareholders, or $2.51 per diluted share, and core earnings* of $836 million, or $2.33 per diluted share. Reported results included catastrophe (CAT) losses of $128 million, before tax, Property & Casualty (P&C) favorable prior accident year reserve development (PYD) of $149 millio
Insurance companies are likely to have gained from improved pricing and lower auto claims, partly offset by catastrophe claims in Q2.