The Hartford Financial Services Group (HIG) Projected to Post Earnings on Thursday

The Hartford Financial Services Group (NYSE:HIGGet Free Report) is expected to be issuing its quarterly earnings data after the market closes on Thursday, January 30th. Analysts expect the company to announce earnings of $2.68 per share and revenue of $6,960,786.02 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

The Hartford Financial Services Group Stock Down 0.4 %

Shares of HIG opened at $111.57 on Thursday. The company has a market capitalization of $32.34 billion, a P/E ratio of 11.18, a PEG ratio of 0.81 and a beta of 0.98. The Hartford Financial Services Group has a one year low of $85.34 and a one year high of $124.90. The business’s 50 day simple moving average is $113.80 and its 200-day simple moving average is $112.93. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.32 and a quick ratio of 0.32.

Insider Transactions at The Hartford Financial Services Group

In other The Hartford Financial Services Group news, EVP Adin M. Tooker sold 6,865 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $117.04, for a total value of $803,479.60. Following the sale, the executive vice president now directly owns 25,820 shares in the company, valued at approximately $3,021,972.80. This trade represents a 21.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.60% of the company’s stock.

Wall Street Analysts Forecast Growth

HIG has been the topic of several research analyst reports. BMO Capital Markets increased their target price on The Hartford Financial Services Group from $100.00 to $141.00 and gave the stock a “market perform” rating in a report on Wednesday, November 27th. Jefferies Financial Group raised their price objective on shares of The Hartford Financial Services Group from $113.00 to $127.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Barclays upgraded shares of The Hartford Financial Services Group from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $130.00 to $135.00 in a research report on Monday, January 6th. JPMorgan Chase & Co. raised their price target on shares of The Hartford Financial Services Group from $122.00 to $125.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Finally, Wells Fargo & Company reduced their price objective on The Hartford Financial Services Group from $134.00 to $130.00 and set an “overweight” rating on the stock in a report on Tuesday, January 14th. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $122.28.

Check Out Our Latest Stock Report on HIG

The Hartford Financial Services Group Company Profile

(Get Free Report)

The Hartford Financial Services Group, Inc, together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers.

See Also

Earnings History for The Hartford Financial Services Group (NYSE:HIG)

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