Hartford Financial Services Stock Today

HIG Stock  USD 109.03  1.70  1.54%   

Performance

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Odds Of Distress

Less than 3

 
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Hartford Financial is trading at 109.03 as of the 17th of December 2024. This is a 1.54% down since the beginning of the trading day. The stock's lowest day price was 108.51. Hartford Financial has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on July 17, 2024, Representative Rick Larsen of US Congress acquired under $15k worth of Hartford Financial's common stock.
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 289.89 M outstanding shares of which 3.18 M shares are currently shorted by investors with about 2.13 days to cover. More on Hartford Financial Services

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Hartford Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanChristopher Swift
Thematic Ideas
(View all Themes)
Old Names[Highlands Pacific Limited, HIPT Group JSC]
Business ConcentrationMulti-line Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, SP 500 Index, FinTech, Insurance, Financials, Insurance, Insurance—Diversified, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.340.3194
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 Assets72.9 B76.8 B
Notably Down
Slightly volatile
Total Current Assets23.2 B24.4 B
Notably Down
Pretty Stable
Total Cash From Operating Activities3.2 B4.2 B
Way Down
Slightly volatile
Debt Levels
Hartford Financial can leverage 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.
Liquidity
Hartford Financial Services 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. Note however, debt could still be an excellent tool for Hartford to invest in growth at high rates of return.

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 32.49 B. Hartford Financial runs under Insurance sector within Financials industry. The entity has 289.89 M outstanding shares of which 3.18 M shares are currently shorted by investors with about 2.13 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 289.89 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 on July 17, 2024, Representative Rick Larsen of US Congress acquired under $15k worth of Hartford Financial's common stock.
Check Hartford Ownership Details

Hartford Stock Institutional Holders

InstituionRecorded OnShares
Norges Bank2024-06-30
4.1 M
Morgan Stanley - Brokerage Accounts2024-09-30
3.7 M
Ubs Asset Mgmt Americas Inc2024-09-30
3.6 M
Hotchkis & Wiley Capital Management Llc2024-09-30
3.5 M
Massachusetts Financial Services Company2024-09-30
3.4 M
Nordea Investment Mgmt Bank Demark A/s2024-09-30
3.4 M
Northern Trust Corp2024-09-30
M
Diamond Hill Capital Management Inc2024-09-30
M
Legal & General Group Plc2024-09-30
2.9 M
Vanguard Group Inc2024-09-30
37.2 M
Blackrock Inc2024-06-30
25.5 M
View Hartford Financial Diagnostics

Hartford Financial Historical Income Statement

At this time, Hartford Financial's EBIT is most likely to increase significantly in the upcoming years. The Hartford Financial's current EBITDA is estimated to increase to about 4 B, while Total Revenue is projected to decrease to roughly 21.5 B. View More Fundamentals

Hartford Stock Against Markets

Hartford Financial Corporate Directors

Robert AllardiceIndependent DirectorProfile
Greig WoodringIndependent DirectorProfile
Trevor FetterLead Director, Independent DirectorProfile
Larry ShonIndependent DirectorProfile
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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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Is Multi-line Insurance space 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
0.225
Dividend Share
1.88
Earnings Share
9.84
Revenue Per Share
87.921
Quarterly Revenue Growth
0.095
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.