48.89 0.00 (0.00%)
After hours: 5:31PM EST
|Bid||39.50 x 800|
|Ask||52.40 x 1800|
|Day's Range||48.65 - 49.07|
|52 Week Range||40.54 - 56.13|
|Beta (3Y Monthly)||0.61|
|PE Ratio (TTM)||9.89|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||1.20 (2.44%)|
|1y Target Est||56.67|
Hartford Financial Services Group Inc provides insurance and financial services to individual and business customers in the United States. The dividend yield of The Hartford Financial Services Group Inc stocks is 2.24%. The Hartford Financial Services Group Inc had annual average EBITDA growth of 8.70% over the past five years.
The Hartford’s board of directors today declared a quarterly dividend of $0.30 per share of common stock, payable April 1, 2019, to shareholders of record at the close of business on March 4, 2019. Adjustments will be posted to the Investor Relations section of The Hartford’s website on or around March 1, 2019. The board also declared a dividend of $375 on each of the Series G preferred stock (equivalent to $0.375 per depository share) payable on May 15, 2019, to shareholders of record at the close of business on May 1, 2019.
Banking on an growing interest rate and strategic initiatives, Hartford Financial (HIG) promises to garner hefty returns for investors.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! The most recent earnings release The HartfordRead More...
Hartford Financial's (HIG) Q4 benefits from core earnings in Group Benefits and Hartford Funds, partly offset by underwriting loss in property and casualty segment.
Here are some of the companies with shares expected to trade actively in Tuesday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
The Hartford, Connecticut-based company said it had net income of 52 cents per share. Earnings, adjusted for non-recurring costs, came to 78 cents per share. The results exceeded Wall Street expectations. ...
Hartford Financial's (HIG) fourth-quarter earnings are expected to suffer due to catastrophe loss. However, strong segmental results are likely to drive premiums.
HARTFORD, Conn.-- -- Fourth quarter 2018 income from continuing operations, after tax, totaled $196 million compared with a loss from continuing operations, after tax, of $558 million in fourth quarter 2017, which included an $877 million charge related to U.S. corporate tax reform Fourth quarter 2018 core earnings* of $284 million decreased slightly from $293 million in fourth quarter 2017 as higher ...
is expected to report earnings of $1.27 a share on sales of $2.7 billion after the market closes Feb. 4, based on a FactSet survey of 24 analysts. The stock has risen 2.2% since the company last reported earnings on Nov. 2. Quarterly estimates have fallen 1.5 cents a share in the past month.
The Hartford announced the new operating model and organizational structure that will be effective upon the closing of its pending acquisition of The Navigators Group, Inc. Navigators operations, along with The Hartford’s current Specialty Commercial and Middle Market businesses, will be aligned around two new market-facing businesses – Global Specialty and Middle & Large Commercial. The acquisition is subject to regulatory approval and expected to close in late March or April. “We are pleased with our progress on the integration planning and excited about our growth opportunities post-close,” said The Hartford’s President Doug Elliot.
# 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 email@example.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.
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,.
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.
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.
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 ...
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.
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.