|Bid||37.52 x 800|
|Ask||37.54 x 800|
|Day's Range||37.33 - 38.01|
|52 Week Range||19.04 - 62.75|
|Beta (5Y Monthly)||0.97|
|PE Ratio (TTM)||7.99|
|Earnings Date||Jul 30, 2020|
|Forward Dividend & Yield||1.30 (3.39%)|
|Ex-Dividend Date||May 29, 2020|
|1y Target Est||49.86|
The Hartford has appointed Amy Stepnowski to the positions of Chief Investment Officer of The Hartford and President of Hartford Investment Management Company (HIMCO) effective Aug. 1. She will succeed Brion Johnson who will remain with the company in an advisory capacity through the end of the year.
Below we share with you three top-ranked Hartford mutual funds. Each has earned a Zacks Mutual Fund Rank 1 (Strong Buy) or 2 (Buy).
Hartford Financial (HIG) and units' rating action reflects strong balance sheet, operational excellence and effective enterprise risk management.
AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" and the Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of The Hartford Financial Services Group, Inc. (The Hartford) [NYSE: HIG], which is the ultimate parent of the companies hereinafter mentioned. AM Best also has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term ICRs of "aa-" of Hartford Fire Insurance Company and its pooling subsidiaries and affiliates, collectively known as the Hartford Insurance Group. Concurrently, AM Best has upgraded the FSR to A+ (Superior) from A (Excellent) and the Long-Term ICR to "aa-" from "a+" of Hartford Life and Accident Insurance Company (HLA), reflective of it receiving full rating enhancement to the Hartford Insurance Group, driven by its growing contribution to consolidated revenue and earnings and the overall diversification it provides. The outlook of these Credit Ratings (ratings) is stable. All of the above companies are headquartered in Hartford, CT.
The Hartford announced that William H. Steinberg joined the company as head of wholesale property for Navigators, a brand of The Hartford. Steinberg reports to Vince Tizzio, head of the Global Specialty business at The Hartford.
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]
The Hartford announced an extension of its long-standing auto and home insurance program for AARP members until Jan. 1, 2033.
Buying insurance can seem overwhelming. Few people do it enough to get really good at it. Investing in insurance can feel daunting, too, but it doesn’t have to be.
Shares of property and casualty insurers such as Hartford and Chubb typically rally after catastrophic events as the industry raises its rates.
The Hartford (HIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Hartford Financial Services Group (NYSE:HIG) has had a rough three months with its share price down 36%. But if you...
The Hartford’s board of directors today declared a dividend of $0.325 per share of common stock, payable July 2, 2020, to common stock shareholders of record at the close of business on June 1, 2020.
Global insurers are well capitalized to absorb the hit from rising claims and costs related to the COVID-19 pandemic, ratings agency AM Best said on Monday, citing a stress test it conducted to gauge the immediate impact of outbreak on insurers' financial strength. AM Best said most rated insurers and reinsurers performed well in its stress test and their capital levels provided an adequate buffer against a potential shock to their balance sheets. Sensitivity to the COVID-19 pandemic was greater for life and health insurers with high asset and mortality risks, insurers with material exposures to mortgage loans, carriers operating in domiciles in higher country-risk tiers and companies with smaller capital bases.
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]
The Hartford Financial Services Group (NYSE: HIG) reported its first-quarter financial results Thursday after the close, and the numbers were a mixed bag -- the insurer's net income fell, but it did beat analysts' consensus estimate. Net income was down 57% in the quarter to $268 million, with earnings per share at $0.74. Core earnings, which the company uses to gauge operating performance, was down 4% year over year to $485 million, or $1.34 per share, but beat estimates.
A prominent Los Angeles nonprofit that advocates for human rights and fights anti-Semitism sued Chubb Ltd on Wednesday to ensure it will obtain insurance coverage after being forced to close because of the COVID-19 pandemic. The Simon Wiesenthal Center said Los Angeles Mayor Eric Garcetti's March 19 stay-at-home order effectively cut off its ability to generate income, and entitled it to "business interruption" coverage under its August 2019 Chubb policy. Among the events affected were a tribute dinner honoring the actor George Clooney and his wife Amal, an address by U.S. Secretary of State Mike Pompeo at the center's Museum of Tolerance, and several fundraisers.
The Hartford will host a virtual annual meeting of shareholders at 12:30 p.m. EDT, Wednesday, May 20. The company’s Board of Directors considered public health concerns resulting from COVID-19, and protocols issued by federal, state and local governments, in its decision to host a virtual meeting rather than offering an option to attend in-person. For the health and safety of shareholders, the meeting will be solely by means of remote communication via audio webcast.
Today we'll take a closer look at The Hartford Financial Services Group, Inc. (NYSE:HIG) from a dividend investor's...