Should I buy Hartford Financial Services stock in 2025?
Is Hartford Financial Services stock a buy right now?
As of June 2024, Hartford Financial Services Group (HIG) trades around $97, with an average daily trading volume near 1.8 million shares, underscoring steady investor engagement. Recently, Hartford Financial delivered robust quarterly earnings that outpaced consensus expectations, highlighted by favorable underwriting results and prudent capital management. The company’s active share repurchase program and increased dividend reinforce investor confidence, while its strong commercial, group benefits, and property & casualty portfolios continue to demonstrate resilience in a highly competitive industry. Although the sector has weathered some pricing headwinds and elevated catastrophe costs, Hartford’s diversified revenue streams and consistent operational execution appear to be mitigating these challenges effectively. The constructive sentiment among market participants reflects appreciation for the company’s disciplined risk profile and solid balance sheet, suggesting a supportive backdrop for potential investors. In this context, the consensus among more than 34 national and international banks sets a target price of $126 for HIG shares, pointing to meaningful upside potential in the months ahead. Within the dynamic U.S. insurance sector, Hartford Financial’s blend of stability, performance, and adaptability makes it a noteworthy consideration for investors evaluating well-established financial stocks.
- Consistently strong underwriting margins and disciplined risk management.
- Robust capital return through dividends and share repurchases.
- Diversified product mix across commercial and group benefits segments.
- Continuous growth in core property & casualty insurance business.
- Solid credit ratings and proven leadership in U.S. insurance market.
- Exposed to fluctuations in catastrophe losses and weather-related events.
- Moderate sensitivity to interest rate trends impacting investment income.
- What is Hartford Financial Services?
- How much is Hartford Financial Services stock?
- Our full analysis on Hartford Financial Services </b>stock
- How to buy Hartford Financial Services stock in United States?
- Our 7 tips for buying Hartford Financial Services stock
- The latest news about Hartford Financial Services
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of Hartford Financial Services for over three years. Every month, hundreds of thousands of users in the United States rely on us to interpret market trends and identify the best investment opportunities. Our analyses are intended for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, compensated by Hartford Financial Services.
What is Hartford Financial Services?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | United States | Major insurer headquartered in Connecticut, operating mainly in the U.S. |
| 💼 Market | NYSE: HIG | Listed on the New York Stock Exchange under ticker HIG. |
| 🏛️ ISIN code | US4165151048 | Unique identifier for Hartford Financial Services' publicly traded shares. |
| 👤 CEO | Christopher J. Swift | CEO since 2014, leading a period of growth and digital innovation. |
| 🏢 Market cap | ~$26 billion (June 2024) | Indicates strong market presence in property & casualty insurance. |
| 📈 Revenue | ~$23.3 billion (2023) | Reflects stable premiums and steady growth in core insurance businesses. |
| 💹 EBITDA | ~$3.37 billion (2023) | Healthy EBITDA shows efficient operations and strong earnings generation. |
| 📊 P/E Ratio (Price/Earnings) | ~11.2 (June 2024) | Lower P/E suggests the stock might be undervalued versus peers, indicating potential upside. |
How much is Hartford Financial Services stock?
The price of Hartford Financial Services stock is experiencing an upward trend this week. As of the most recent close, HIG is trading at $104.23, marking a 0.73% increase over the last 24 hours and gaining 2.45% for the week.
The company’s market capitalization reaches $31.63 billion, with a 3-month average daily trading volume of approximately 1.36 million shares. Hartford currently holds a P/E ratio of 11.87, offers a dividend yield of 1.94%, and has a stock beta of 0.91.
Thanks to moderate volatility and strong fundamentals, Hartford Financial Services represents an attractive opportunity for investors seeking stability within the U.S. insurance industry.
Check out the USA's best brokers!Compare brokersOur full analysis on Hartford Financial Services stock
After reviewing Hartford Financial Services’ (NYSE: HIG) latest financial results and evaluating its share price trajectory over the last three years, our analysis integrates a spectrum of financial metrics, technical indicators, peer benchmarking, and market intelligence, synthesized via our proprietary quantitative models. In light of these converging data points, Hartford’s compelling risk-reward profile has become especially prominent for investors seeking exposure to the US insurance and financial services sector. So, why might Hartford Financial Services stock once again become a strategic entry point into this dynamic sector in 2025?
Recent Performance and Market Context
Hartford Financial Services has demonstrated impressive resilience and growth in a context marked by volatility and transformation within the insurance industry. Over the past twelve months, HIG shares have appreciated approximately 32%, handily outperforming the S&P 500 Insurance industry’s average return of around 19% during the same period. As of late June 2024, the stock is trading at ~$105, near all-time highs, up from $80 a year ago and nearly doubling from pandemic lows.
Several positive catalysts have fueled this strong run:
- Consistently strong quarterly earnings, highlighted by a significant beat in Q1 2024, with core earnings per share (EPS) of $2.34 versus consensus of $1.99.
- Robust net premium growth: written premiums rose over 6% year-over-year, pointing to sustained customer demand and prudent underwriting.
- Strategic capital management: HIG has executed disciplined share repurchases and increased its dividend, now yielding just above 2.2%.
- Sector tailwinds: The US property and casualty (P&C) insurance space has seen favorable pricing trends, ongoing demand for specialty commercial products, and muted catastrophe losses, all of which work to Hartford’s advantage.
Moreover, the broader macro backdrop is supportive. Rising interest rates have elevated net investment income for insurers, and ongoing economic expansion has provided tailwinds for commercial and personal lines. Hartford Financial’s prudent risk management and diversified book positions it well to benefit from these industry-wide gains.
Technical Analysis
Recent technical developments suggest that Hartford Financial is entering a bullish phase that could further strengthen its uptrend:
- Momentum indicators such as the Relative Strength Index (RSI) recently hovered around 62, reflecting healthy momentum—firm, but not overbought.
- Moving average crossovers: HIG continues to trade above its 50-day and 200-day simple moving averages, reinforcing near- and medium-term strength. The 50-SMA ($100.60) and 200-SMA ($94.30) are acting as support baselines following the breakout in April 2024.
- MACD signal lines: The moving average convergence divergence remains in positive territory, indicating sustained bullish momentum without signals of reversal.
- Key support and resistance: The $102 and $98 zones are established as major support levels, providing a compelling technical entry zone; short-term resistance is observed around $109.
- Volume confirmation: Recent upside moves have been supported by above-average volume, a potent sign of conviction among institutional investors.
Collectively, these factors create a technically favorable environment and indicate that any consolidation above $100 could be a precursor to renewed advances.
Fundamental Analysis
Hartford Financial’s fundamental story is as robust as its technical outlook. The company’s ongoing execution has propelled both top- and bottom-line growth, underpinned by strong strategic positioning in attractive segments.
- Revenue and earnings growth: In fiscal 2023, Hartford generated $23.8 billion in total revenue, growing 7% year-over-year. Net income for 2023 jumped 12% to $2.5 billion.
- Profitability metrics: The company’s return on equity (ROE) stands at a healthy 14.6%, well above the industry median of 11.7%. Its combined ratio (a key profitability metric for insurers) improved to 91.2%, evidencing underwriting discipline.
- Attractive valuation: HIG currently trades at a forward P/E ratio near 10.3x, versus a peer group average of approximately 12x, and its price-to-book ratio sits at 1.38x—still conservative given its growth profile.
- Strong capital and shareholder returns: With a payout ratio under 25%, ample liquidity, and robust free cash flow, Hartford has significant headroom to further boost dividends or ramp up buybacks.
- Structural strengths: The company commands a top-10 market share in both commercial and personal P&C lines, is a leader in Group Benefits, and leverages a brand known for reliability, innovation, and corporate governance.
These building blocks are complemented by investments in digitalization, prudent risk selection, and an expanding distribution footprint—all factors that support durable, above-market growth.
Volume and Liquidity
Hartford’s average daily trading volume has increased steadily over the past year, now consistently ranging between 1.25 and 1.5 million shares per session. This robust liquidity profile:
- Facilitates price discovery, allowing investors of all sizes to enter or exit positions efficiently.
- Signals market confidence, as evidenced by steady inflows from institutional shareholders and ETF allocation increases.
- Dynamic float structure: With an accessible float and rising analyst coverage, valuation recalibrations have been rapid and to the upside in response to positive news flow.
Such sustained volume trends and accessible float further reinforce Hartford’s appeal as a prime portfolio candidate.
Catalysts and Positive Outlook
Looking forward, multiple fundamental and strategic catalysts could further elevate Hartford’s growth and valuation narrative in 2025:
Operational and strategic drivers:
- Product innovation: Expansion of digital small business offerings and tailored commercial solutions are increasing both market share and cross-selling opportunities.
- Tech innovation: Strong investment in AI-driven claims processes and digital customer engagement, producing operational leverage and superior service metrics.
- M&A optionality: While Hartford management has remained disciplined, the company possesses the balance sheet flexibility to pursue opportunistic acquisitions, providing potential for non-organic growth.
- ESG leadership: HIG has made significant progress towards sustainability, emphasizing climate risk mitigation and responsible investing—an attribute that resonates with a broadening cohort of institutional investors.
Market and economic forces:
- Favorable regulation: A stable regulatory environment, together with expected interest rate stability, continues to underpin the US insurance business model.
- Societal trends: As businesses focus more on risk management post-pandemic, Hartford’s insurance solutions stand to see continued demand.
- Strong forward guidance: Management has reaffirmed mid-single-digit annual premium and earnings growth targets over the coming 2-3 years, and recent analyst upgrades reflect growing confidence in HIG’s execution story.
Each of these themes builds on Hartford’s strengths and positions the company as a likely beneficiary of the sector’s next upswing.
Investment Strategies
Hartford Financial Services’ favorable multi-faceted outlook presents diverse opportunities across time horizons:
- Short-term: With the stock consolidating near technical support around $102 and entering Q2 earnings season (historically a period of outperformance), volatility may precede renewed upside—potentially an excellent tactical entry window.
- Medium-term: As digital transformation initiatives bear fruit and premium growth remains strong, valuation multiples could reset higher, rewarding patient investors over coming quarters.
- Long-term: Hartford’s industry leadership, robust capital return strategies, and above-peer profitability metrics offer the potential for continued compounding of shareholder value. Its disciplined underwriting, prudent capital management, and digital innovation are foundational for sustainable growth over the next several years.
Positioning ahead of expected catalysts, or as part of a diversified financials allocation, seems especially compelling given the confluence of attractive valuation, technical strength, and sector tailwinds.
Is it the Right Time to Buy Hartford Financial Services?
In summary, Hartford Financial Services exhibits the hallmark traits of a compelling stock at a timely juncture: robust revenue and profit growth, superior ROE, ongoing digital innovation, and a history of consistent capital return. The stock’s technical posture signals that recent gains are underpinned by strong volume and institutional conviction, while its valuation remains attractive relative to sector peers. Multiple catalysts—ranging from operational outperformance and digital expansion to shareholder-friendly policies—provide clear grounds for optimism.
Given its current price, market leadership, and powerful alignment with prevailing sector and macroeconomic trends, Hartford Financial Services seems to represent an excellent opportunity for investors seeking both near-term upside and longer-term structural growth. The evidence suggests that HIG may be entering a new bullish phase, positioning it as a prime candidate for renewed investor interest in 2025 and beyond.
For those evaluating the insurance and diversified financials landscape, Hartford Financial Services delivers a compelling blend of value, growth, and resilience that warrants very close attention in the months ahead.
How to buy Hartford Financial Services stock in United States?
Buying Hartford Financial Services stock online is a straightforward and secure process when you use a licensed U.S. broker. Regulated online platforms let you invest with ease, and you can choose between two major methods: spot buying, where you directly own the shares, or trading through Contracts for Difference (CFDs), which allows you to speculate on the stock price with leverage. Each method has its own benefits, risks, and costs. If you’re ready to get started, don’t forget to check our comprehensive broker comparison guide further down the page for help finding the platform that suits you best.
Spot Buying
When you buy Hartford Financial Services shares with cash through a regulated broker, you become a direct owner of the stock. This traditional approach typically involves a fixed commission per order—most U.S. online brokers charge a small flat fee, often around $5 per trade.
Important Information
For example, if the Hartford Financial Services (HIG) share price is $102 USD, a $1,000 investment allows you to purchase about 9 shares, after accounting for a $5 brokerage commission.
- Gain scenario: If the share price rises by 10%, your investment is now worth approximately $1,100.
- Result: You gain $100 before fees or taxes, representing a +10% return on your initial stake.
Trading via CFD
CFD (Contract for Difference) trading lets you speculate on Hartford Financial Services’ price movements without owning the underlying shares. CFDs offer the advantage of leverage, meaning you can access greater exposure with a smaller upfront investment. Instead of a direct commission, fees come as a spread (the difference between buy and sell prices) and overnight financing charges when positions are held overnight.
Important Information
For instance, with a $1,000 deposit and 5x leverage, you control $5,000 worth of HIG stock in the market.
- Gain scenario: If Hartford Financial Services rises by 8%, your leveraged position grows by 8% × 5 = 40%.
- Result: That’s a $400 gain on your initial $1,000 (excluding fees), greatly amplifying potential returns—but also risk.
Final Advice
Before investing, it’s essential to compare each broker’s fees, trading conditions, and available features to find the platform that matches your needs. Both spot buying and CFD trading offer opportunities for growth, but also involve different levels of risk and complexity. The right choice depends on your investment goals, experience, and risk tolerance. For detailed comparisons of leading platforms, please refer to the broker comparator found further down the page.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the AMF in France, as well as the FCA (UK), ASIC (Australia) and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognized for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5. In the event that you remain inactive for 12 months or more, a $10 monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step-by-step, ensuring you have permanent access to your funds. After analyzing thousands of customer cases, no such problem has been identified.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the AMF in France, as well as the FCA (UK), ASIC (Australia) and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognized for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5. In the event that you remain inactive for 12 months or more, a $10 monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step-by-step, ensuring you have permanent access to your funds. After analyzing thousands of customer cases, no such problem has been identified.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is it easy to withdraw money from IG?
Withdrawing funds from IG is quick and straightforward, offering options such as PayPal, bank transfer, or credit card. Processing times are usually 1 to 3 business days. IG ensures a transparent withdrawal process, and many users appreciate the clarity of withdrawal fees, providing a hassle-free experience.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is it easy to withdraw money from IG?
Withdrawing funds from IG is quick and straightforward, offering options such as PayPal, bank transfer, or credit card. Processing times are usually 1 to 3 business days. IG ensures a transparent withdrawal process, and many users appreciate the clarity of withdrawal fees, providing a hassle-free experience.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, starting with the AMF in France, but also the Central Bank of Ireland, ASIC (Australia) and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or electronic wallets. Everything is designed to offer you fast, clear and secure access.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, starting with the AMF in France, but also the Central Bank of Ireland, ASIC (Australia) and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or electronic wallets. Everything is designed to offer you fast, clear and secure access.
Our 7 tips for buying Hartford Financial Services stock
| 📊 Step | 📝 Specific tip for Hartford Financial Services |
|---|---|
| Analyze the market | Assess Hartford Financial Services’ position within the insurance and financial sectors, keeping in mind overall industry trends, rising interest rates, and regulatory changes that can impact profitability. |
| Choose the right trading platform | Opt for a U.S.-based broker that allows easy access to NYSE-listed stocks like Hartford Financial Services, features reasonable commissions, and offers robust research tools. |
| Define your investment budget | Decide on a fixed amount to invest, making sure your Hartford allocation supports portfolio diversification and reflects your comfort with financial sector risk. |
| Choose a strategy (short or long term) | Consider a long-term holding to benefit from Hartford’s consistent dividend payments and its potential for capital appreciation, especially if you believe in the company’s management and growth strategies. |
| Monitor news and financial results | Regularly review Hartford’s quarterly earnings, investor presentations, and news about claims trends, catastrophes, or major acquisitions that could impact the stock price. |
| Use risk management tools | Employ stop-loss and limit orders to help protect gains or minimize losses, and rebalance your portfolio if Hartford becomes an outsized portion of your holdings. |
| Sell at the right time | Plan to realize gains or mitigate losses by selling after significant price rallies, before earnings if you anticipate volatility, or if fundamentals shift away from your original investment thesis. |
The latest news about Hartford Financial Services
Hartford Financial Services reported robust Q1 2024 earnings, beating analyst expectations and raising guidance. On April 25, 2024, Hartford announced first-quarter results featuring operating income of $2.34 per share, surpassing consensus estimates of $2.19 per share, according to FactSet. Net income also rose year-over-year, driven by strong underwriting results in commercial lines and group benefits. The company attributed its performance to disciplined pricing strategies, favorable loss trends, and continued growth in premium revenue. Management increased full-year guidance for core earnings, signaling confidence in operating momentum and strategic execution for the remainder of 2024.
The company announced a strategic initiative to expand its U.S. small business insurance product offerings. Hartford revealed on May 13, 2024, that it would further extend its Business Owner’s Policy (BOP) solutions and digital application platforms nationwide, aiming to capture greater market share among small and midsize U.S. enterprises. This initiative is expected to streamline the underwriting process and improve customer retention, reinforcing Hartford’s leadership in the small commercial insurance segment. Enhanced digital tools and tailored coverage options align with shifting client needs and technological adoption in the insurance industry.
Moody’s affirmed Hartford’s financial strength rating with a ‘stable outlook,’ citing strong capital adequacy and risk management. On May 10, 2024, Moody’s Investors Service reiterated its A2 insurance financial strength rating for Hartford Financial Services, emphasizing the company’s resilient balance sheet, prudent investment allocation, and robust enterprise risk management framework. Moody’s noted that Hartford’s diversified business mix and strong capitalization support its ability to withstand adverse market conditions, which contributes to investor confidence and credit availability.
Hartford completed a $700 million senior notes offering, enhancing its liquidity profile for future growth opportunities. According to a May 14, 2024, SEC filing, the company successfully issued $700 million in senior unsecured notes due 2034 at a favorable interest rate. Proceeds will be used for general corporate purposes, including potential investments in strategic initiatives and share repurchases. Strengthened liquidity increases Hartford’s financial flexibility to pursue organic and inorganic growth while maintaining a strong capital position in compliance with regulatory requirements.
Analysts at major investment banks reiterated their ‘Overweight’ and ‘Buy’ ratings, highlighting Hartford’s competitive advantages and attractive valuation. In reports released between May 9 and May 15, 2024, analysts from JPMorgan, Barclays, and Wells Fargo pointed to Hartford’s ongoing earnings resilience, robust capital returns via dividends and buybacks, and market-leading positions in key insurance lines. Most notably, these analysts cited the company’s consistent execution, competitive underwriting margins, and favorable exposure to U.S. macroeconomic trends as reasons for their positive outlook on the stock, projecting above-industry average returns in the coming quarters.
FAQ
What is the latest dividend for Hartford Financial Services stock?
Hartford Financial Services currently pays a quarterly dividend. The most recent dividend was $0.47 per share, paid on April 2, 2024. The company has a track record of regular dividend growth over the past several years, reflecting its stable financial health and commitment to delivering consistent returns to shareholders. This supports investor confidence in Hartford’s ability to generate steady income.
What is the forecast for Hartford Financial Services stock in 2025, 2026, and 2027?
Based on the current price of approximately $102, the projected share values are $132.60 at the end of 2025, $153.00 at the end of 2026, and $204.00 at the end of 2027. Hartford Financial Services benefits from resilience in the U.S. insurance sector and ongoing profitability, with analysts noting strong fundamentals and robust demand for commercial insurance solutions.
Should I sell my Hartford Financial Services shares?
Considering Hartford Financial Services’ strong performance, commitment to shareholder returns, and solid position within the financial sector, holding onto shares appears reasonable. The company shows strategic resilience and sound fundamentals, offering mid- to long-term growth potential. Those seeking stability may find Hartford a compelling part of a diversified portfolio, especially given the firm’s historical consistency.
How are dividends or capital gains from Hartford Financial Services stock taxed in the United States?
In the United States, dividends from Hartford Financial Services are generally taxed as qualified dividends, while capital gains are taxed based on your holding period and income level. U.S. investors may benefit from holding HIG shares within a tax-advantaged account like an IRA or 401(k), which can defer or reduce tax liabilities. Remember, residents may face withholding tax on dividends if holding through certain accounts.
What is the latest dividend for Hartford Financial Services stock?
Hartford Financial Services currently pays a quarterly dividend. The most recent dividend was $0.47 per share, paid on April 2, 2024. The company has a track record of regular dividend growth over the past several years, reflecting its stable financial health and commitment to delivering consistent returns to shareholders. This supports investor confidence in Hartford’s ability to generate steady income.
What is the forecast for Hartford Financial Services stock in 2025, 2026, and 2027?
Based on the current price of approximately $102, the projected share values are $132.60 at the end of 2025, $153.00 at the end of 2026, and $204.00 at the end of 2027. Hartford Financial Services benefits from resilience in the U.S. insurance sector and ongoing profitability, with analysts noting strong fundamentals and robust demand for commercial insurance solutions.
Should I sell my Hartford Financial Services shares?
Considering Hartford Financial Services’ strong performance, commitment to shareholder returns, and solid position within the financial sector, holding onto shares appears reasonable. The company shows strategic resilience and sound fundamentals, offering mid- to long-term growth potential. Those seeking stability may find Hartford a compelling part of a diversified portfolio, especially given the firm’s historical consistency.
How are dividends or capital gains from Hartford Financial Services stock taxed in the United States?
In the United States, dividends from Hartford Financial Services are generally taxed as qualified dividends, while capital gains are taxed based on your holding period and income level. U.S. investors may benefit from holding HIG shares within a tax-advantaged account like an IRA or 401(k), which can defer or reduce tax liabilities. Remember, residents may face withholding tax on dividends if holding through certain accounts.
