|Bid||42.69 x 1300|
|Ask||44.99 x 2200|
|Day's Range||43.40 - 43.95|
|52 Week Range||43.31 - 59.20|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||1.20 (2.74%)|
|1y Target Est||57.47|
Subject to the terms and conditions of the merger agreement, at the effective time of the merger, each eligible share of Navigators common stock will be cancelled and converted into the right to receive $70.00 in cash. The merger remains subject to various closing conditions, including receipt of various regulatory approvals, and is expected to close during the first half of 2019.
The Hartford, a leading provider of disability insurance with a long history of supporting people with disabilities, announced its new Ability Equipped program to significantly improve access to adaptive sports and provide adaptive sports equipment for youth and adults with disabilities across the country. The Hartford’s new Ability Equipped program will provide people with disabilities, who may be recovering from an injury or who would like to become more active, with access to sports programs and essential equipment.
Chris Swift became the CEO of The Hartford Financial Services Group Inc (NYSE:HIG) in 2014. This analysis aims first to contrast CEO compensation with other large companies. Next, we’ll consider Read More...
The market has been volatile as the Federal Reserve continues its rate hikes to normalize interest rates. Small-cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) underperformed the larger S&P 500 ETF (SPY) by about 4 percentage points in October. SEC filings and hedge fund investor letters indicate that […]
Moody's Investors Service ("Moody's") has assigned a Baa3(hyb) rating to $300 million of retail Series G perpetual preferred securities to be issued by The Hartford Financial Services Group, Inc. (HIG) off its shelf registration. Net proceeds from the offering are expected to be used for various purposes, which may include repayment of the company's 6.0% senior notes due January 15, 2019, funding for the acquisition of Navigators Group and other general corporate purposes. According to Moody's, The Hartford's ratings are based on the group's well diversified revenue and earnings streams with strategic focus on P&C insurance, group benefits and mutual funds, efficient underwriting, good product breadth, and multiple distribution channels.
A.M. Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb” to the $300 million 6.0% non-cumulative preferred stock, Series G recently issued by The Hartford Financial Services Group, Inc. (The Hartford) (headquartered in Hartford, CT) [NYSE: HIG]. The outlook assigned to this Credit Rating (rating) is stable. Coverage metrics historically have been within guidelines, but deteriorated in 2017 as a result of various one-time charges.
NEW YORK, Oct. 31, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
The Hartford today announced the offering of 12,000,000 depositary shares, each of which represents a 1/1,000th interest in a share of its 6.000% Non-Cumulative Preferred Stock, Series G, $25,000 liquidation preference per share (equivalent to $25.00 per depositary share). The public offering price is $25.00 per depositary share for an aggregate public offering price of $300 million. The offering is expected to close on November 6, 2018, subject to customary closing conditions.
Hartford Financial's (HIG) Q3 impresses with better P&C underwriting results, an improved Group Benefits business, increased Mutual Funds AUM as well as a lower tax rate.
On a per-share basis, the Hartford, Connecticut-based company said it had profit of $1.19. Earnings, adjusted for non-recurring gains and to account for discontinued operations, were $1.15 per share. The ...
HARTFORD, Conn.-- -- Income from continuing operations, after tax, totaled $427 million compared with third quarter 2017 income from continuing operations, after tax, of $145 million Core earnings* were $418 million, up from $130 million in third quarter 2017, due to higher income from the Commercial Lines, Personal Lines, Group Benefits and Mutual Funds segments, including the favorable impact of ...
The Hartford’s board of directors today declared a quarterly dividend of $0.30 per share of common stock, payable Jan. 2, 2019, to shareholders of record at the close of business on Dec. 3, 2018. Adjustments will be posted to the Investor Relations section of The Hartford’s website on or around Nov. 30, 2018. The Hartford is a leader in property and casualty insurance, group benefits and mutual funds.
WILMINGTON, Del., Oct. 17, 2018 -- Rigrodsky & Long, P.A.: Do you own shares of The Navigators Group, Inc. (NASDAQ GS: NAVG)? Did you purchase any of your shares prior to.
Underscoring that idea was the 2.8% advance International Business Machines (NYSE:IBM) mustered before reporting its quarterly numbers after the closing bell rang … a bet that turned out to be a bad one. Stock charts of Hartford Financial Services Group (NYSE:HIG), Pinnacle West Capital (NYSE:PNW) and Comerica (NYSE:CMA) are worth a closer look as Wednesday’s action begins — mostly because their developing trends are bigger than just the past few days. Hartford Financial Services was a name put under the trading microscope back on Sept. 6, when the stock was toying with a break under a key support level.