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HIG

Analyzing Hartford Financial Services (HIG) Stock

Join us for a quick overview of Hartford Financial Services, a Property & Casualty Insurance company whose shares moved 0.4% today. Here are some facts about the stock that should help you see the bigger picture:

  • Hartford Financial Services has moved 10.5% over the last year, and the S&P 500 logged a change of 11.7%

  • HIG has an average analyst rating of buy and is -4.74% away from its mean target price of $142.06 per share

  • Its trailing earnings per share (EPS) is $12.22

  • Hartford Financial Services has a trailing 12 month Price to Earnings (P/E) ratio of 11.1 while the S&P 500 average is 29.3

  • Its forward earnings per share (EPS) is $11.61 and its forward P/E ratio is 11.7

  • The company has a Price to Book (P/B) ratio of 2.09 in contrast to the S&P 500's average ratio of 4.74

  • Hartford Financial Services is part of the Finance sector, which has an average P/E ratio of 15.92 and an average P/B of 1.78

  • HIG has reported YOY quarterly earnings growth of 47.3% and gross profit margins of 0.4%

  • The company has a free cash flow of $5.64 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • The Hartford Insurance Group, Inc., together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Business Insurance segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Insurance segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channels and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Employee Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and leave management solution. This segment also distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded funds through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The Hartford Insurance Group, Inc. was founded in 1810 and is headquartered in Hartford, Connecticut.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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