News coverage about Hartford Financial Services Group (NYSE:HIG) has been trending positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hartford Financial Services Group earned a coverage optimism score of 0.49 on Accern’s scale. Accern also assigned news stories about the insurance provider an impact score of 46.559426048479 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
Several research firms recently weighed in on HIG. Wells Fargo & Company set a $55.00 price target on shares of Hartford Financial Services Group and gave the company a “hold” rating in a report on Monday. Goldman Sachs Group began coverage on shares of Hartford Financial Services Group in a report on Monday. They issued a “neutral” rating and a $59.00 price target on the stock. B. Riley reiterated a “neutral” rating on shares of Hartford Financial Services Group in a report on Monday, November 6th. UBS boosted their target price on shares of Hartford Financial Services Group from $60.00 to $62.00 and gave the company a “buy” rating in a report on Wednesday, November 1st. Finally, Zacks Investment Research upgraded shares of Hartford Financial Services Group from a “sell” rating to a “hold” rating in a report on Tuesday, October 24th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $57.54.
Hartford Financial Services Group (HIG) opened at $56.50 on Tuesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.40 and a quick ratio of 0.40. The stock has a market capitalization of $20,486.35, a PE ratio of 15.44, a PEG ratio of 1.67 and a beta of 0.98. Hartford Financial Services Group has a 52-week low of $46.35 and a 52-week high of $58.61.
Hartford Financial Services Group (NYSE:HIG) last posted its quarterly earnings results on Monday, October 23rd. The insurance provider reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.03. Hartford Financial Services Group had a return on equity of 8.21% and a net margin of 2.63%. The firm had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.68 billion. During the same quarter in the previous year, the firm earned $1.06 EPS. Hartford Financial Services Group’s quarterly revenue was down .7% compared to the same quarter last year. research analysts expect that Hartford Financial Services Group will post 3.63 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 1st will be given a $0.25 dividend. This is a positive change from Hartford Financial Services Group’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.77%. Hartford Financial Services Group’s payout ratio is 76.34%.
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Hartford Financial Services Group Company Profile
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