HIG - The Hartford Financial Services Group, Inc.

NYSE - NYSE Delayed Price. Currency in USD
46.21
-0.47 (-1.01%)
At close: 4:01PM EST
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Previous Close46.68
Open46.47
Bid44.76 x 1800
Ask46.99 x 800
Day's Range46.01 - 46.88
52 Week Range40.54 - 59.20
Volume2,312,822
Avg. Volume3,128,788
Market Cap16.577B
Beta (3Y Monthly)0.67
PE Ratio (TTM)N/A
EPS (TTM)-5.85
Earnings DateFeb 4, 2019
Forward Dividend & Yield1.20 (2.60%)
Ex-Dividend Date2018-11-30
1y Target Est55.89
Trade prices are not sourced from all markets
  • Markityesterday

    See what the IHS Markit Score report has to say about Hartford Financial Services Group Inc.

    # Hartford Financial Services Group Inc ### NYSE:HIG View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for HIG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting HIG. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding HIG totaled $960 million. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. HIG credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • GlobeNewswireyesterday

    Detailed Research: Economic Perspectives on Inovalon, Merit Medical, Senseonics, Ocular Therapeutix, The Hartford Financial Services Group, and Synopsys — What Drives Growth in Today's Competitive Landscape

    NEW YORK, Jan. 22, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Business Wire6 days ago

    Forbes Ranks The Hartford No. 1 Among Property-Casualty Insurers In List Of America’s Best Employers For Diversity 2019

    The Hartford is the highest ranked property-casualty insurance company in Forbes’ second annual list of America’s Best Employers for Diversity, announced this week. The Hartford ranked 14th overall in the list of 500 companies representing a broad array of industries nationwide. “We are honored to be recognized for our commitment to diversity and inclusion,” said The Hartford’s Chief Diversity & Inclusion Officer, Susan Johnson.

  • Business Wire7 days ago

    The Hartford Named To 2019 Bloomberg Gender-Equality Index

    The Hartford has been named to the 2019 Bloomberg Gender-Equality Index (GEI) for the fourth consecutive year. The Hartford is one of 230 companies commended this year and was included in the inaugural index in 2016. “We are proud to be recognized again for our industry-leading, gender-equality policies and practices,” said The Hartford’s Chief Diversity & Inclusion Officer, Susan Johnson.

  • Markit8 days ago

    See what the IHS Markit Score report has to say about Hartford Financial Services Group Inc.

    # Hartford Financial Services Group Inc ### NYSE:HIG View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for HIG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting HIG. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $9.65 billion over the last one-month into ETFs that hold HIG are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. HIG credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Benzinga9 days ago

    Insider Buys Of The Week: Dish Network, Hartford Financial, Medtronic

    Insider buying can be an encouraging signal for potential investors. A couple of notable CEOs showed up at the buy windows this past week. Some of these share purchases were pursuant to established trading ...

  • GuruFocus.com10 days ago

    Weekly CEO Buys Highlight

    Details the CEO buys this past week for the following companies: Medtronic PLC, OPKO Health, Hartford Financial Services and MyoKardia

  • GuruFocus.com12 days ago

    The Hartford Financial Services Group Inc (HIG) Chairman and CEO Christopher Swift Bought ...

    Chairman and CEO of The Hartford Financial Services Group Inc (NYSE:HIG) Christopher Swift bought 11,423 shares of HIG on 01/10/2019 at an average price of $43.73 a share.

  • 3 Insurance Stocks to Invest In Now
    InvestorPlace13 days ago

    3 Insurance Stocks to Invest In Now

    At the moment, insurance stocks look like an intriguing group for value investors looking for stocks to buy. Financials across the board have fallen, with several insurers hitting multi-year lows in the past few months. Yet, looking forward, there are reasons to expect the group to outperform. Interest rates should rise, recent Fed commentary aside, and financials and insurers typically win when that happens. Higher rates mean higher returns on an insurance company's 'float' -- and more profits for shareholders. Insurance stocks also are defensive -- an attractive characteristic in a volatile market. And while investor attention since the US election has been focused on high-growth tech and booming cyclicals, there's a case that insurers simply have been forgotten. In a more cautious market, that should no longer be the case. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors All told, the insurance group looks intriguing. Investors can play the space through ETFs such as the SPDR S&P Insurance ETF (NYSEARCA:KIE). But these three insurance stocks to buy should get at least a long look as well. Source: Shutterstock ### The Hartford Financial Services Group (HIG) The case for The Hartford Financial Services Group (NYSE:HIG) is reasonably simple. First, HIG stock is cheap, trading at less than 9x 2019 EPS estimates. Even in the context of a sector that usually gets low multiple, that valuation looks far too conservative. Hartford also has benefits on the way from its pending acquisition of The Navigators Group (NASDAQ:NAVG), a marine-focused insurer. With 2020 EPS - boosted by a full year of Navigators Group financials - likely to clear $5, HIG trades at something like 8x earnings while offering a dividend yield that could reach 3% next year. There are risk. First, Hartford's property and casualty business has benefited from lower catastrophe costs of late - which may reverse. The company's mutual fund business gives it exposure to the equity markets - which have been roiled of late. And competition remains intense, which can pressure both pricing and revenue. Still, with HIG touching a 30-month low last month, much of the bad news looks priced in. Sector-wide and M&A tailwinds are not. At the moment, HIG looks like one of the better "buy the dip" candidates among financials. Source: Pictures of Money via Flickr ### Chubb (CB) The case for Chubb (NYSE:CB) is similar to that for HIG - with perhaps lower risk and lower rewards. Like The Hartford, Chubb is a property and casualty insurer. Like HIG, CB stock has pulled back, dropping 18%+ from early 2018 highs and touching a multi-year low late last year. But Chubb is larger - and could potentially take market share from smaller players like The Hartford. Chubb also has a long history of being more conservative - which gives some comfort as its price-to-book ratio nears 1.1x. * 7 Stocks to Buy That Are Run By Billionaires With a dividend yield of 2.3%, CB isn't going to make investors rich overnight. But there's a nice case here of a fair - and maybe cheap - price for a wonderful business. Chubb increases its dividend every year, generally grows earnings, and should hold up even if broad markets take another leg down. It's a nice combination for near-term - and long-term - outperformance. Source: Shutterstock ### MetLife (MET) Investors looking for more risk, and higher potential gains, in financials and insurers should look to MetLife (NYSE:MET). MetLife ran into trouble beginning in late 2017. The company said it had lost some 600,000 customers who were owed pension payments, which sparked investigations from state regulators. A month later, the company had to delay its earnings report as it disclosed material weakness in internal controls. For an insurer, that type of error obviously raises red flags: MET stock unsurprisingly slid on the news. And MET stock has continued sliding for much of 2018. But the news actually has been better. Earnings, starting with a Q4 report that answered at least some of the concerns, have been solid. The pension issue appears mostly resolved. A new CEO will bring fresh eyes next year. Meanwhile, MET stock trades at a noted discount to past valuation, with price-to-book just 0.84x and the dividend yield near 4%. Again, this is a high-risk play by the standards of the insurance space. There's the obvious "never one cockroach" concern after the accounting issues. But the rewards here are big too: if MetLife can convince investors it's back on track, shareholders will be getting not just a strong dividend, but a stock that has appreciated nicely. As of this writing, Vince Martin has no positions in any securities mentioned. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post 3 Insurance Stocks to Invest In Now appeared first on InvestorPlace.

  • 4 Insurers Set for Q4 Earnings Beat on Multiple Tailwinds
    Zacks13 days ago

    4 Insurers Set for Q4 Earnings Beat on Multiple Tailwinds

    We zero in on four insurance stocks that are poised to exceed expectations in Q4 despite California wildfires weighing on underwriting profitability.

  • Markit14 days ago

    See what the IHS Markit Score report has to say about Hartford Financial Services Group Inc.

    # Hartford Financial Services Group Inc ### NYSE:HIG View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for HIG with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting HIG. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding HIG is favorable, with net inflows of $17.22 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. HIG credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Reuters21 days ago

    Global reinsurance prices fall despite big catastrophe losses - JLT Re

    Reinsurance prices, chiefly set in two batches at the beginning of January and July, have fallen in recent years as traditional reinsurers face competition from new players and products such as catastrophe bonds. JLT Re said rate increases were restricted to categories which had suffered substantial losses or where performance had worsened. "Despite another active catastrophe year in the United States, property-catastrophe rate changes were modest," said Ed Hochberg, chief executive officer of JLT Re in North America.

  • Reuters21 days ago

    Global reinsurance prices fall despite big catastrophe losses- JLT Re

    JLT Re's global property-catastrophe reinsurance index fell 1.2 percent at the key Jan. 1 policy renewal season, the broker said on Wednesday, dashing the industry's hopes of higher reinsurance premiums after the second straight year of big losses. Reinsurance prices have fallen in recent years as traditional reinsurers face competition from new players and products such as catastrophe bonds, but industry giants were hoping for higher rates after facing the most costly quarter on record in 2017. "Despite another active catastrophe year in the United States, property-catastrophe rate changes were modest," said Ed Hochberg, chief executive officer of JLT Re in North America.

  • 3 Hartford Mutual Funds for Healthy Returns
    Zackslast month

    3 Hartford Mutual Funds for Healthy Returns

    Below we share with you three top-ranked Hartford mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy).

  • See what the IHS Markit Score report has to say about Hartford Financial Services Group Inc.
    Markitlast month

    See what the IHS Markit Score report has to say about Hartford Financial Services Group Inc.

    Hartford Financial Services Group Inc NYSE:HIG

  • Zackslast month

    Hartford Financial (HIG) Introduces Insurance Product Line

    Hartford Financial (HIG) launches credit and political risk insurance products for conserving customer interests.

  • Business Wirelast month

    The Hartford Declares Quarterly Dividend Of $412.50 Per Share Of Series G Preferred Stock

    The Hartford’s board of directors today declared a dividend of $412.50 on each share of the Series G preferred stock (equivalent to $0.4125 per depository share) payable on Feb. 15, 2019, to shareholders of record at the close of business on Feb. 1, 2019. The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity.

  • Business Wirelast month

    The Hartford Launches Credit and Political Risk Insurance Products

    The Hartford has announced the launch of its new credit and political risk insurance products that are designed to help corporations, financial institutions and private equity firms with international exposures manage their credit and political risks. “Operating in emerging markets can bring a number of political risks, such as acts of expropriation or confiscation of assets by a foreign government, that are not typically covered under a company’s global insurance policies,” said Jared Kotler, head of The Hartford’s credit and political risk insurance (CPRI) practice. “Expanding our product capabilities to include credit and political risk insurance helps The Hartford better meet the holistic needs of its customers operating globally.

  • See what the IHS Markit Score report has to say about Hartford Financial Services Group Inc.
    Markitlast month

    See what the IHS Markit Score report has to say about Hartford Financial Services Group Inc.

    Hartford Financial Services Group Inc NYSE:HIG

  • Business Wirelast month

    The Hartford Named One Of America’s Most ‘JUST’ Companies

    The Hartford was named to the 2018 JUST 100 list by Forbes and JUST Capital. The list is a ranking of the top 100 publicly-traded, U.S. corporations that, according to Forbes, produce quality goods, treat customers well, minimize environmental impact, support the communities they operate in, commit to ethical and diverse leadership, and above all, treat workers well. “At The Hartford, we are proud of our history of doing the right thing and engaging on issues when we can make a difference and influence change,” said The Hartford’s head of Corporate Sustainability Diane Cantello.

  • GlobeNewswirelast month

    Recent Analysis Shows Wynn Resorts, Xerox, Microchip Technology, TransUnion, Aflac, and The Hartford Financial Services Group Market Influences — Renewed Outlook, Key Drivers of Growth

    NEW YORK, Dec. 10, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • The Hartford Financial Services Group, Inc. (HIG): Billionaires Love This Dividend Stock
    Insider Monkeylast month

    The Hartford Financial Services Group, Inc. (HIG): Billionaires Love This Dividend Stock

    There are several ways to beat the market, and investing in small cap stocks has historically been one of them. We like to improve the odds of beating the market further by examining what famous hedge fund operators such as Carl Icahn and George Soros think. Those hedge fund operators make billions of dollars each […]

  • Hartford Financial Provides Q4 Catastrophe Loss Estimates
    Zacks2 months ago

    Hartford Financial Provides Q4 Catastrophe Loss Estimates

    Hartford Financial (HIG) announces fourth-quarter current accident year after-tax impact of $275-$290 million.

  • AIG to Incur Catastrophe Loss: Will the Stock Sink Further?
    Zacks2 months ago

    AIG to Incur Catastrophe Loss: Will the Stock Sink Further?

    AIG might witness a dent in its profitability due to weather-related losses.

  • MarketWatch2 months ago

    Hartford Financial sees net catastrophe impact of up to $365 million in the fourth quarter

    Hartford Financial Services Group Inc. said Wednesday it expects a fourth-quarter current accident year net catastrophe impact of $350 million to $365 million, due primarily to the Camp Fire in California. Other catastrophes include the Woolsey fire in California and Hurricane Michael. The after-tax impact is estimated at $275 million to $290 million. The property and casualty insurance company's stock has lost 14.5% over the past three months, while the SPDR S&P Insurance ETF has slipped 6.7% and the S&P 500 has given up 6.5%.