Market Summary
USD65.54-1.62
Market Closed-2.41%
HIG Alerts
HIG Stock Price
HIG RSI Chart
HIG Valuation
HIG Price/Sales (Trailing)
HIG Profitability
HIG Fundamentals
HIG Revenue
HIG Earnings
Price Action
52 Week Range
60.1779.44
(Low)(High)
Last 7 days
-4.5%
Last 30 days
-15.3%
Last 90 days
-13.9%
Trailing 12 Months
-7.0%
HIG Financial Health
HIG Investor Care
Peers (Alternatives to Hartford Financial Services Group)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
PGR | 80.0B | 49.6B | -4.01% | 20.05% | 110.87 | 1.61 | 4.00% | -78.47% |
TRV | 38.2B | 36.9B | -11.15% | -7.91% | 13.44 | 1.04 | 5.94% | -22.39% |
AIG | 36.2B | 56.4B | -20.51% | -22.77% | 3.52 | 0.64 | 8.41% | 9.46% |
ALL | 28.0B | 51.4B | -20.85% | -21.89% | -19.76 | 0.54 | 1.63% | -195.35% |
RE | 23.9B | 12.1B | -10.37% | 19.27% | 40.06 | 1.98 | 1.63% | -56.71% |
HIG | 23.3B | 22.4B | -15.30% | -7.04% | 11.93 | 1.05 | -0.13% | -23.26% |
Y | 11.4B | 6.8B | 0.57% | 29.95% | 32.11 | 0.97 | -36.57% | -61.35% |
AFG | 10.0B | 7.0B | -11.49% | -11.97% | 11.1 | 1.42 | 7.45% | -54.99% |
| MID-CAP | ||||||||
RNR | 8.3B | 6.3B | -9.57% | 27.04% | -7.81 | 1.31 | 21.94% | -2542.77% |
ESGR | 3.9B | - | -9.60% | -15.68% | -4.04 | 4.2 | -80.45% | -283.49% |
| SMALL-CAP | ||||||||
HMN | 1.3B | 1.4B | -11.48% | -19.13% | -518.3 | 0.97 | 3.97% | -101.82% |
PLMR | 1.3B | 327.1M | -8.64% | -12.50% | 25.56 | 4.08 | 39.88% | 13.79% |
PRA | 953.5M | 1.1B | -9.34% | -30.31% | -2.4K | 0.86 | -1.58% | -100.28% |
JRVR | 773.0M | 813.7M | -6.65% | -1.39% | 24.96 | 0.95 | 5.28% | 117.92% |
Financials for Hartford Financial Services Group
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 0.9% | 22,362 | 22,162 | 22,268 | 22,484 | 22,390 |
| S&GA Expenses | -0.7% | 4,830 | 4,865 | 4,862 | 4,842 | 4,779 |
| EBITDA | -6.2% | 3,096 | 3,301 | 3,476 | 4,049 | - |
| EBITDA Margin | -7.0% | 0.14* | 0.15* | 0.19* | 0.18* | - |
| Earnings Before Taxes | -6.9% | 2,258 | 2,426 | 2,578 | 3,136 | 2,896 |
| EBT Margin | -7.8% | 0.10* | 0.11* | 0.14* | 0.14* | - |
| Interest Expenses | -5.3% | 213 | 225 | 233 | 239 | 234 |
| Net Income | -7.2% | 1,815 | 1,955 | 2,098 | 2,561 | 2,365 |
| Net Income Margin | -8.0% | 0.08* | 0.09* | 0.12* | 0.11* | - |
| Free Cahsflow | -3.3% | 3,833 | 3,965 | 3,736 | 3,622 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 1.7% | 73,022 | 71,801 | 72,402 | 75,252 | 76,578 |
| Cash Equivalents | 20.7% | 344 | 285 | 348 | 306 | 337 |
| Net PPE | -1.5% | 927 | 941 | 970 | 995 | 1,027 |
| Goodwill | 0% | 1,911 | 1,911 | 1,911 | 1,911 | 1,911 |
| Liabilities | 0.9% | 59,391 | 58,846 | 58,176 | 59,355 | 58,735 |
| . Short Term Borrowings | Infinity% | 591 | - | - | - | - |
| Long Term Debt | 0.0% | 4,357 | 4,356 | 4,355 | 4,354 | 4,944 |
| Shareholder's Equity | 5.2% | 13,631 | 12,955 | 14,226 | 15,897 | 17,843 |
| Retained Earnings | 2.7% | 17,048 | 16,598 | 16,388 | 16,077 | 15,764 |
| Additional Paid-In Capital | -42.2% | 1,895 | 3,277 | 3,264 | 3,249 | 3,309 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -2.9% | 4,008 | 4,128 | 3,899 | 3,763 | 4,093 |
| Cashflow From Investing | 10.3% | -1,277 | -1,423 | -1,500 | -1,890 | -2,466 |
| Cashflow From Financing | 5.6% | -2,710 | -2,871 | -2,421 | -1,901 | -1,581 |
| Dividend Payments | 0.6% | 506 | 503 | 500 | 499 | 485 |
| Buy Backs | -8.8% | 1,550 | 1,700 | 1,861 | 1,979 | 1,702 |
Risks for HIG
What is the probability of a big loss on HIG?
40%
Probability that Hartford Financial Services Group stock will be more than 20% underwater in next one year
19.6%
Probability that Hartford Financial Services Group stock will be more than 30% underwater in next one year.
18.5%
Probability that Hartford Financial Services Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does HIG drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Hartford Financial Services Group was unfortunately bought at previous high price.
Drawdowns
Returns for HIG
Cumulative Returns on HIG
11.8%
10-Year Cumulative Returns
7.5%
7-Year Cumulative Returns
7.6%
5-Year Cumulative Returns
31.2%
3-Year Cumulative Returns
What are the long-term rolling returns for HIG?
FIve years rolling returns for Hartford Financial Services Group.
Annualized Returns
Which funds bought or sold HIG recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 19.85 | 659,627 | 2,055,630 | 0.06% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -2.85 | 7,764,410 | 48,783,400 | 0.05% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 22.59 | 2,980,000 | 8,929,000 | 0.04% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 98,579 | 98,579 | -% |
2023-02-28 | Voya Investment Management LLC | added | 0.09 | 5,453,880 | 29,646,900 | 0.04% |
2023-02-27 | ST GERMAIN D J CO INC | new | - | 53,839 | 53,839 | 0.02% |
2023-02-27 | Parallax Volatility Advisers, L.P. | new | - | 2,922,720 | 2,922,720 | -% |
2023-02-24 | National Pension Service | reduced | -5.47 | 5,007,380 | 39,753,600 | 0.08% |
2023-02-24 | NATIXIS | added | 33.42 | 780,362 | 2,013,360 | 0.01% |
2023-02-24 | SRS Capital Advisors, Inc. | unchanged | - | 358 | 2,358 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
HIG Alerts
Hartford Financial Services Group News
Schedule 13G FIlings of Hartford Financial Services Group
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | price t rowe associates inc /md/ | 7.8% | 24,771,975 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 12.43% | 39,535,660 | SC 13G/A | |
| Feb 07, 2023 | blackrock inc. | 7.7% | 24,543,083 | SC 13G/A | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 6.3% | 21,702,336 | SC 13G | |
| Feb 14, 2022 | state street corp | 6.02% | 20,504,713 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 11.69% | 39,787,394 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 7.6% | 25,991,605 | SC 13G/A | |
| Jan 12, 2022 | jpmorgan chase & co | 5.5% | 18,932,591 | SC 13G/A | |
| Feb 12, 2021 | state street corp | 5.51% | 19,738,870 | SC 13G | |
| Feb 10, 2021 | vanguard group inc | 10.86% | 38,908,481 | SC 13G/A |
HIG Fair Value
Recent SEC filings of Hartford Financial Services Group
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 08, 2023 | 3 | Insider Trading | |
| Mar 08, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for HIG
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-06 | Stepnowski Amy | sold | -26,070 | 77.59 | -336 | evp |
2023-03-01 | Costello Beth Ann | gifted | - | - | -5,000 | evp and cfo |
2023-03-01 | Costello Beth Ann | sold | -3,029,640 | 77.8528 | -38,915 | evp and cfo |
2023-03-01 | Costello Beth Ann | acquired | 1,605,240 | 41.25 | 38,915 | evp and cfo |
2023-03-01 | Bennett Jonathan R | sold | -304,744 | 77.86 | -3,914 | evp |
2023-02-28 | Swift Christopher | acquired | 1,240,580 | 35.83 | 34,624 | chairman and ceo |
2023-02-28 | Swift Christopher | sold | -2,711,880 | 78.3236 | -34,624 | chairman and ceo |
2023-02-27 | Lewis Scott R. | sold (taxes) | -133,874 | 77.97 | -1,717 | svp and controller |
2023-02-27 | Soni Deepa | sold (taxes) | -142,373 | 77.97 | -1,826 | executive vice president |
2023-02-27 | Stepnowski Amy | sold (taxes) | -107,521 | 77.97 | -1,379 | evp |
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. Its Commercial Lines segment offers workers' compensation, property, automobile, liability, umbrella, bond, marine, livestock, and reinsurance; and customized insurance products and risk management services, including professional liability, bond, surety, and specialty casualty coverages through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers investment products for retail and retirement accounts; exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers; and investment management and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.
HIG Income Statement
2022-12-31Consolidated Statements of Operations - USD ($) $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Revenues | |||
| Earned premiums | $ 19,390 | $ 17,999 | $ 17,288 |
| Fee income | 1,349 | 1,488 | 1,277 |
| Net investment income | 2,177 | 2,313 | 1,846 |
| Net realized gains (losses) | (627) | 509 | (14) |
| Other revenues | 73 | 81 | 126 |
| Total revenues | 22,362 | 22,390 | 20,523 |
| Benefits, losses and expenses | |||
| Benefits, losses and loss adjustment expenses | 13,142 | 12,729 | 11,805 |
| Amortization of deferred policy acquisition costs ("DAC") | 1,835 | 1,680 | 1,706 |
| Insurance operating costs and other expenses | 4,830 | 4,779 | 4,480 |
| Interest expense | 213 | 234 | 236 |
| Amortization of other intangible assets | 71 | 71 | 72 |
| Restructuring and other costs | 13 | 1 | 104 |
| Total benefits, losses and expenses | 20,104 | 19,494 | 18,403 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | 2,258 | 2,896 | 2,120 |
| Income tax expense | 443 | 531 | 383 |
| Net income | 1,815 | 2,365 | 1,737 |
| Preferred stock dividends | 21 | 21 | 21 |
| Net income available to common stockholders | $ 1,794 | $ 2,344 | $ 1,716 |
| Earnings per common share | |||
| Net income (loss) Basic | $ 5.52 | $ 6.71 | $ 4.79 |
| Net income (loss) Diluted | $ 5.44 | $ 6.62 | $ 4.76 |
HIG Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Investments: | ||
| Fixed maturities, AFS, at fair value (amortized cost of $39,533 and $40,788, and ACL of $12 and $1) | $ 36,231 | $ 42,847 |
| Fixed maturities, at fair value using the fair value option ("FVO") | 333 | 160 |
| Equity securities, at fair value | 1,801 | 2,094 |
| Financing Receivable, after Allowance for Credit Loss | 6,000 | 5,383 |
| Limited partnerships and other alternative investments | 4,177 | 3,353 |
| Other investments | 159 | 215 |
| Short-term investments | 3,859 | 3,697 |
| Total investments | 52,560 | 57,749 |
| Cash | 229 | 205 |
| Restricted Cash | 115 | 132 |
| Premiums receivable and agents' balances (net of ACL of $109 and $105) | 4,949 | 4,445 |
| Reinsurance recoverables (net of allowance for uncollectible reinsurance of $105 and $99) | 6,966 | 6,523 |
| Deferred policy acquisition costs | 1,002 | 881 |
| Deferred income taxes, net | 1,449 | 270 |
| Goodwill | 1,911 | 1,911 |
| Property and equipment, net | 927 | 1,027 |
| Other intangible assets, net | 778 | 858 |
| Other assets | 2,136 | 2,577 |
| Total assets | 73,022 | 76,578 |
| Liabilities | ||
| Unpaid losses and loss adjustment expenses | 41,243 | 39,659 |
| Reserve for future policy benefits | 561 | 596 |
| Other policyholder funds and benefits payable | 658 | 687 |
| Unearned premiums | 7,815 | 7,194 |
| Long-term debt | 4,357 | 4,944 |
| Other liabilities | 4,757 | 5,655 |
| Total liabilities | 59,391 | 58,735 |
| Stockholders’ Equity | ||
| Preferred stock, $0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at December 31, 2022 and December 31, 2021, aggregate liquidation preference of $345 | 334 | 334 |
| Common Stock, Value, Issued | 3 | 4 |
| Additional paid-in capital | 1,895 | 3,309 |
| Retained earnings | 17,048 | 15,764 |
| Treasury Stock, Value | (1,773) | (1,740) |
| Accumulated other comprehensive income (loss), net of tax | (3,876) | 172 |
| Total stockholders' equity | 13,631 | 17,843 |
| Total liabilities and stockholders’ equity | $ 73,022 | $ 76,578 |