Hartford Financial Services Stock Today

HIG Stock  USD 102.30  1.40  1.39%   

Performance

38 of 100

 
Low
 
High
Very Strong

Odds Of Distress

Less than 1

 
100  
 
Zero
Very Small
Hartford Financial is trading at 102.30 as of the 28th of March 2024. This is a 1.39 percent increase since the beginning of the trading day. The stock's lowest day price was 101.28. Hartford Financial has a very small chance of experiencing financial distress in the next few years and had a very strong performance during the last 90 days. Equity ratings for Hartford Financial Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
20th of December 1995
Category
Financial Services
Classification
Financials
The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. The company was founded in 1810 and is headquartered in Hartford, Connecticut. The company has 297.35 M outstanding shares of which 3.61 M shares are currently shorted by investors with about 1.89 days to cover. More on Hartford Financial Services

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Hartford Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hartford Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hartford Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Hartford Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hartford Financial's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanAlan Kreczko
Thematic IdeaFinTech (View all Themes)
Old NameHighlands Pacific Limited
Business ConcentrationMulti-line Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, SP 500 Index, FinTech, Financials, Insurance, Insurance—Diversified, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Hartford Financial report their recommendations after researching Hartford Financial's financial statements, talking to executives and customers, or listening in on Hartford Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hartford Financial. The Hartford consensus assessment is calculated by taking the average forecast from all of the analysts covering Hartford Financial.
Financial Strength
Based on the analysis of Hartford Financial's profitability, liquidity, and operating efficiency, Hartford Financial Services is performing exceptionally good at the present time. It has a great chance to report excellent financial results in April. Financial strength of Hartford Financial is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.370.3499
Notably Up
Slightly volatile
Gross Profit Margin0.880.9
Fairly Down
Very volatile
Net Debt3.6 B4.2 B
Fairly Down
Very volatile
Total Current Liabilities33.5 B35.2 B
Notably Down
Slightly volatile
Non Current Liabilities Total20.5 B19.6 B
Sufficiently Up
Slightly volatile
Total Assets66.6 B70.1 B
Notably Down
Slightly volatile
Total Current Assets11 B11.6 B
Notably Down
Pretty Stable
Total Cash From Operating Activities3.2 B4.2 B
Way Down
Slightly volatile
Hartford Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hartford Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Hartford Financial's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Hartford Financial's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hartford Financial's financial leverage. It provides some insight into what part of Hartford Financial's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Hartford Financial's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Hartford Financial deploys its capital and how much of that capital is borrowed.
Liquidity
Hartford Financial cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 4.36 B in debt with debt to equity (D/E) ratio of 0.31, which is OK given its current industry classification. Hartford Financial has a current ratio of 1.87, which is typical for the industry and considered as normal. Debt can assist Hartford Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Hartford Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hartford Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hartford to invest in growth at high rates of return. When we think about Hartford Financial's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

2.99 Billion
Hartford Financial Services (HIG) is traded on New York Stock Exchange in USA. It is located in One Hartford Plaza, Hartford, CT, United States, 06155 and employs 18,700 people. Hartford Financial is listed under Multi-line Insurance category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 30 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hartford Financial's market, we take the total number of its shares issued and multiply it by Hartford Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hartford Financial runs under Insurance sector within Financials industry. The entity has 297.35 M outstanding shares of which 3.61 M shares are currently shorted by investors with about 1.89 days to cover. Hartford Financial Services has about 2.78 B in cash with 4.22 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.61.
Check Hartford Financial Probability Of Bankruptcy
Ownership Allocation
Hartford Financial Services has a total of 297.35 Million outstanding shares. The majority of Hartford Financial outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Hartford Financial to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Hartford Financial Services. Please pay attention to any change in the institutional holdings of Hartford Financial as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Hartford Ownership Details

Hartford Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Hartford Financial jumping above the current price in 90 days from now is nearly 4.54%. The Hartford Financial Services probability density function shows the probability of Hartford Financial stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Hartford Financial has a beta of 0.4014. This usually indicates as returns on the market go up, Hartford Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hartford Financial Services will be expected to be much smaller as well. Additionally, hartford Financial Services has an alpha of 0.3418, implying that it can generate a 0.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 102.3HorizonTargetOdds Above 102.3
95.42%90 days
 102.30 
4.54%
Based on a normal probability distribution, the odds of Hartford Financial to move above the current price in 90 days from now is nearly 4.54 (This Hartford Financial Services probability density function shows the probability of Hartford Stock to fall within a particular range of prices over 90 days) .

Hartford Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Hartford Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hartford Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hartford Financial's value.
InstituionRecorded OnShares
Lsv Asset Management2023-12-31
4.8 M
Massachusetts Financial Services Company2023-12-31
4.5 M
Norges Bank2023-12-31
3.5 M
Ameriprise Financial Inc2023-12-31
3.4 M
Morgan Stanley - Brokerage Accounts2023-12-31
3.4 M
Northern Trust Corp2023-12-31
3.4 M
Diamond Hill Capital Management Inc2023-12-31
3.3 M
Legal & General Group Plc2023-12-31
3.2 M
Royal Bank Of Canada2023-12-31
3.2 M
Vanguard Group Inc2023-12-31
38.8 M
Blackrock Inc2023-12-31
25.3 M
View Hartford Financial Diagnostics

Hartford Financial Historical Income Statement

Hartford Financial Services Income Statement is one of the three primary financial statements used for reporting Hartford's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hartford Financial revenue and expense. Hartford Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Hartford Financial's Income Before Tax is most likely to increase significantly in the upcoming years. The Hartford Financial's current Total Other Income Expense Net is estimated to increase to about 3.2 B, while Total Revenue is projected to decrease to roughly 21.5 B. View More Fundamentals

Hartford Stock Against Markets

Picking the right benchmark for Hartford Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hartford Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hartford Financial is critical whether you are bullish or bearish towards Hartford Financial Services at a given time. Please also check how Hartford Financial's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hartford Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Hartford Financial Corporate Directors

Hartford Financial corporate directors refer to members of a Hartford Financial board of directors. The board of directors generally takes responsibility for the Hartford Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hartford Financial's board members must vote for the resolution. The Hartford Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert AllardiceIndependent DirectorProfile
Julie RichardsonIndependent DirectorProfile
Charles StraussIndependent DirectorProfile
Patrick SwygertIndependent DirectorProfile

How to buy Hartford Stock?

Before investing in Hartford Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hartford Financial. To buy Hartford Financial stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hartford Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Hartford Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Hartford Financial Services stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Hartford Financial Services stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Hartford Financial Services, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hartford Stock please use our How to Invest in Hartford Financial guide.

Already Invested in Hartford Financial Services?

The danger of trading Hartford Financial Services is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hartford Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hartford Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hartford Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hartford Financial is a strong investment it is important to analyze Hartford Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hartford Financial's future performance. For an informed investment choice regarding Hartford Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Hartford Financial's price analysis, check to measure Hartford Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hartford Financial is operating at the current time. Most of Hartford Financial's value examination focuses on studying past and present price action to predict the probability of Hartford Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hartford Financial's price. Additionally, you may evaluate how the addition of Hartford Financial to your portfolios can decrease your overall portfolio volatility.
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Is Hartford Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hartford Financial. If investors know Hartford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hartford Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.374
Dividend Share
1.745
Earnings Share
7.97
Revenue Per Share
79.951
Quarterly Revenue Growth
0.064
The market value of Hartford Financial is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Financial's value that differs from its market value or its book value, called intrinsic value, which is Hartford Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Financial's market value can be influenced by many factors that don't directly affect Hartford Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.