HIG 📈 Hartford Financial Services - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4165151048

HIG: Life Insurance, Disability Insurance, Auto Insurance, Homeowners Insurance

The Hartford Financial Services Group, Inc. is a leading insurance and financial services provider with a rich history dating back to 1810. Headquartered in Hartford, Connecticut, the company offers a diverse range of insurance and financial products to individuals and businesses in the United States, the United Kingdom, and internationally.

The company's Commercial Lines segment provides a comprehensive suite of insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance. These products are distributed through a network of regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. This segment caters to the insurance needs of businesses, helping them manage risks and protect their assets.

The Personal Lines segment focuses on providing automobile, homeowners, and personal umbrella coverages to individuals. These products are offered through direct-to-consumer channels, such as online platforms and call centers, as well as through independent agents who can provide personalized advice and guidance. This segment helps individuals protect their personal assets and manage risks associated with everyday life.

The Property & Casualty Other Operations segment specializes in providing coverage for asbestos and environmental exposures. This segment caters to businesses and individuals who require specialized insurance products to manage unique risks associated with environmental hazards and asbestos-related liabilities.

The Group Benefits segment offers a range of group life, disability, and other group coverages to members of employer groups, associations, and affinity groups. These products are distributed through direct insurance policies, reinsurance to other insurance companies, and partnerships with brokers, consultants, third-party administrators, trade associations, and private exchanges. This segment also provides disability underwriting, administration, and claims processing services to self-funded employer plans, as well as leave management solutions. The goal of this segment is to help employers provide valuable benefits to their employees while managing costs and administrative burdens.

The Hartford Funds segment is a leading provider of managed mutual funds and exchange-traded funds across various asset classes. These investment products are distributed through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers. The segment also offers investment management, distribution, and administrative services, such as product design, implementation, and oversight. This segment helps individuals and institutions achieve their investment goals by providing access to a range of investment products and services.

With a long history of providing insurance and financial services, The Hartford Financial Services Group, Inc. has established itself as a trusted and reliable partner for individuals and businesses. The company's commitment to innovation, customer service, and risk management has enabled it to maintain a strong presence in the insurance and financial services industry.

Additional Sources for HIG Stock

HIG Stock Overview

Market Cap in USD 35,746m
Sector Financial Services
Industry Insurance - Property & Casualty
GiC Industry Insurance
TER 0.00%
IPO / Inception 1995-12-20

HIG Stock Ratings

Growth 5y 86.2%
Fundamental 87.9%
Dividend 57.6%
Rel. Performance Sector 1.01
Analysts 3.63/5
Fair Price Momentum 137.55 USD
Fair Price DCF 484.34 USD

HIG Dividends

Dividend Yield 12m 1.59%
Yield on Cost 5y 3.58%
Annual Growth 5y 7.78%
Payout Consistency 95.03%

HIG Growth Ratios

Growth Correlation 3m 40.3%
Growth Correlation 12m 95.7%
Growth Correlation 5y 93.4%
CAGR 5y 17.59%
CAGR/Mean DD 5y 1.74
Sharpe Ratio 12m 2.16
Alpha 20.72
Beta 1.08
Volatility 19.30%
Current Volume 1821.8k
Average Volume 20d 1398.5k
What is the price of HIG stocks?
As of December 03, 2024, the stock is trading at USD 121.22 with a total of 1,821,774 shares traded.
Over the past week, the price has changed by +0.18%, over one month by +9.51%, over three months by +4.78% and over the past year by +56.93%.
Is Hartford Financial Services a good stock to buy?
Yes, based on ValueRay Fundamental Analyses, Hartford Financial Services (NYSE:HIG) is currently (December 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 87.93 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of HIG as of December 2024 is 137.55. This means that HIG is currently undervalued and has a potential upside of +13.47% (Margin of Safety).
Is HIG a buy, sell or hold?
Hartford Financial Services has received a consensus analysts rating of 3.63. Therefor, it is recommend to hold HIG.
  • Strong Buy: 4
  • Buy: 4
  • Hold: 11
  • Sell: 0
  • Strong Sell: 0
What are the forecast for HIG stock price target?
According to ValueRays Forecast Model, HIG Hartford Financial Services will be worth about 152.2 in December 2025. The stock is currently trading at 121.22. This means that the stock has a potential upside of +25.59%.
Issuer Forecast Upside
Wallstreet Target Price 129.3 6.7%
Analysts Target Price 85.5 -29.5%
ValueRay Target Price 152.2 25.6%