Research Analysts Issue Forecasts for HIG FY2026 Earnings

The Hartford Insurance Group, Inc. (NYSE:HIGFree Report) – Stock analysts at DOWLING & PARTN issued their FY2026 earnings per share estimates for The Hartford Insurance Group in a research note issued to investors on Wednesday, May 20th. DOWLING & PARTN analyst D. Lukpanov forecasts that the insurance provider will post earnings of $13.50 per share for the year. The consensus estimate for The Hartford Insurance Group’s current full-year earnings is $13.14 per share. DOWLING & PARTN also issued estimates for The Hartford Insurance Group’s FY2027 earnings at $14.25 EPS.

HIG has been the subject of a number of other research reports. Weiss Ratings cut The Hartford Insurance Group from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Wednesday. Wells Fargo & Company raised their price objective on shares of The Hartford Insurance Group from $156.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. Barclays reduced their price objective on shares of The Hartford Insurance Group from $159.00 to $156.00 and set an “overweight” rating for the company in a research note on Friday, April 24th. Mizuho raised their price objective on shares of The Hartford Insurance Group from $158.00 to $159.00 and gave the company an “outperform” rating in a research note on Tuesday, April 28th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and set a $149.00 price objective (down from $163.00) on shares of The Hartford Insurance Group in a research note on Monday, March 30th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, The Hartford Insurance Group currently has an average rating of “Moderate Buy” and a consensus target price of $149.31.

Get Our Latest Stock Analysis on HIG

The Hartford Insurance Group Trading Down 2.1%

NYSE HIG opened at $128.98 on Friday. The stock’s 50 day moving average is $135.58 and its 200 day moving average is $136.06. The firm has a market capitalization of $35.36 billion, a PE ratio of 9.06, a P/E/G ratio of 2.37 and a beta of 0.50. The Hartford Insurance Group has a twelve month low of $119.61 and a twelve month high of $144.50. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.24.

The Hartford Insurance Group (NYSE:HIGGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The insurance provider reported $3.09 earnings per share for the quarter, missing the consensus estimate of $3.39 by ($0.30). The Hartford Insurance Group had a net margin of 14.10% and a return on equity of 22.52%. The firm had revenue of $7.23 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the prior year, the firm earned $2.20 earnings per share. The company’s revenue for the quarter was up 6.1% compared to the same quarter last year.

Hedge Funds Weigh In On The Hartford Insurance Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Cornerstone Planning Group LLC boosted its holdings in shares of The Hartford Insurance Group by 707.7% in the third quarter. Cornerstone Planning Group LLC now owns 210 shares of the insurance provider’s stock worth $26,000 after buying an additional 184 shares during the last quarter. First Pacific Financial purchased a new position in shares of The Hartford Insurance Group in the first quarter worth approximately $26,000. JPL Wealth Management LLC purchased a new position in shares of The Hartford Insurance Group in the third quarter worth approximately $26,000. United Financial Planning Group LLC purchased a new position in shares of The Hartford Insurance Group in the third quarter worth approximately $29,000. Finally, Phillip James Consulting Co. purchased a new stake in The Hartford Insurance Group in the first quarter worth about $29,000. Hedge funds and other institutional investors own 93.42% of the company’s stock.

Insider Buying and Selling

In related news, EVP Lori A. Rodden sold 40,693 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $138.05, for a total transaction of $5,617,668.65. Following the completion of the sale, the executive vice president owned 25,392 shares in the company, valued at approximately $3,505,365.60. This represents a 61.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.30% of the company’s stock.

The Hartford Insurance Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Monday, June 1st will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Monday, June 1st. The Hartford Insurance Group’s dividend payout ratio is 16.87%.

About The Hartford Insurance Group

(Get Free Report)

The Hartford Financial Services Group, commonly known as The Hartford, is a U.S.-based insurance and investment company that provides a broad range of commercial and personal insurance products and employee benefits. Its core businesses include property and casualty insurance for businesses and individuals, group benefits such as group life, disability and dental plans, and retirement and investment solutions offered through affiliated asset-management operations. The company also delivers risk management, claims-handling and loss-prevention services designed to support policyholders across a variety of industries.

Founded in Hartford, Connecticut, in 1810, The Hartford is one of the oldest insurance organizations in the United States and has a long history of underwriting and product development across multiple insurance lines.

See Also

Earnings History and Estimates for The Hartford Insurance Group (NYSE:HIG)

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