The Hartford(HIG)

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Unveiling The Hartford (HIG) Q3 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-10-21 14:21
Analysts on Wall Street project that The Hartford (HIG) will announce quarterly earnings of $2.49 per share in its forthcoming report, representing an increase of 8.7% year over year. Revenues are projected to reach $4.62 billion, increasing 9.7% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimate ...
Hartford Financial: A Massive Rally, And The Earnings Story Is Still There
Seeking Alpha· 2024-09-10 06:12
DenisTangneyJr/E+ via Getty Images Insurance equities have been one of the leading areas of the US stock market so far this year. The iShares US Insurance ETF (IAK) is higher by 27% even after a modest pullback to begin September, outpacing the S&P 500 by more than 12 percentage points. More broadly, Financials stocks, as measured by the SPDR Financials Select Sector ETF (XLF) have been a second-half winner as the growth trade has taken a backseat to value. Digging into the insurance slice of Financials, I ...
Hartford Financial: Bullish On ROE Expansion Potential And Appealing Shareholder Yield
Seeking Alpha· 2024-09-09 13:43
Warchi/E+ via Getty Images The Hartford Financial Services Group, Inc.'s (NYSE:HIG) shares are still assigned a Buy investment rating. HIG's ROE has the potential to go higher as the company grows its revenue derived from the higher-ROE Property & Casualty or P&C segment. The stock's capital return has been boosted by a new buyback program, which means that its forward shareholder yield could be as high as 6.4%. My latest update highlights Hartford Financial's ROE improvement potential and attractive shareh ...
Hartford Financial (HIG) Q2 Earnings Beat on Commercial Lines
ZACKS· 2024-07-26 17:46
Zacks Rank & Stocks to Consider The Zacks Consensus Estimate for PLMR's second-quarter 2024 earnings is pegged at $1.11 per share, which indicates an improvement of 29.1% from the year-ago quarter's reported figure. Prudential Financial's earnings beat estimates in one of the trailing four quarters and missed the mark thrice, the average surprise being 0.23%. Revenues of $16 million remained flat year over year in the second quarter. Debt amounted to $4.4 billion, which inched up marginally from the figure ...
The Hartford(HIG) - 2024 Q2 - Earnings Call Transcript
2024-07-26 15:23
The Hartford Financial Services Group, Inc. (NYSE:HIG) Q2 2024 Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants Susan Spivak - Senior Vice President, Investor Relations Chris Swift - Chairman and Chief Executive Officer Beth Costello - Chief Financial Officer Morris Tooker - Head of Enterprise Sales & Distribution, Global Specialty, and Middle & Large Commercial Jonathan Bennett - Head of Group Benefits Conference Call Participants Elyse Greenspan - Wells Fargo Andrew Kligerman - TD Co ...
The Hartford(HIG) - 2024 Q2 - Earnings Call Presentation
2024-07-26 13:20
91.2 90.2 90.1 89.8 84.7 3.0 1.8 2.3 2.4 31.3 31.5 30.7 30.2 31.1 CAY CATs and PYD Expense Ratio 56.8 56.6 56.6 56.1 56.1 CAY Losses and LAE4 Before CATs (1-9) 2Q23 3Q23 2Q24 4Q23 1Q24 Middle & Large Commercial 107.9 1 Denotes financial measure not calculated based on GAAP 9 ($ in millions) Core earnings ROE of 17.4% versus 13.6% in 2Q23 Book Value Per Diluted Share (ex. AOCI) Book Value Per Diluted Share (BVPS) Capital Returned to Stockholders Book value per diluted share of $51.43 increased from $49.43 at ...
The Hartford (HIG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-07-25 23:31
The Hartford (HIG) reported $4.46 billion in revenue for the quarter ended June 2024, representing a year-overyear increase of 9.4%. EPS of $2.50 for the same period compares to $1.88 a year ago. The reported revenue represents a surprise of -0.65% over the Zacks Consensus Estimate of $4.49 billion. With the consensus EPS estimate being $2.26, the EPS surprise was +10.62%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...
The Hartford(HIG) - 2024 Q2 - Quarterly Report
2024-07-25 20:17
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) Delaware 13-3317783 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) One Hartford Plaza, Hartford, Connecticut 06155 (Address of principal executive offices) (Zip Code) (860) 547-5000 (Registrant's telephone number, including area code) 1 Non-accelerated filer ☐Smaller reporting company ☐ Emerging growth company ☐ ...
The Hartford(HIG) - 2024 Q2 - Quarterly Results
2024-07-25 20:16
THE HARTFORD FINANCIAL SERVICES GROUP, INC. Common stock and preferred stock of The Hartford Financial Services Group, Inc. are traded on the New York Stock Exchange under the symbols "HIG" and "HIG PR G", respectively. This report is for information purposes only. It should be read in conjunction with documents filed by The Hartford Financial Services Group, Inc. with the U.S. Securities and Exchange Commission, including, without limitation, the most recent Annual Report on Form 10-K and Quarterly Reports ...
HIG Stock Is Up 26% YTD, Is It Now Fairly Valued?
Forbes· 2024-06-05 09:00
BRAZIL - 2023/09/03: In this photo illustration, the Hartford Financial Services logo is displayed ... [+] on a smartphone screen. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Hartford Financial's stock (NYSE: HIG) has gained approximately 26% YTD as compared to the 11% rise in the S&P500 index over the same period. In sharp contrast, Hartford Financial's peer Travelers (NYSE: TRV) stock was up only 10% YTD. Overall, at the current ...