Hartford Financial Services Group Inc (HIG) concluded trading on Thursday at a closing price of $110.92, with 3.07 million shares of worth about $340.01 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.23% during that period and on December 12, 2024 the price saw a loss of about -1.87%. Currently the company’s common shares owned by public are about 290.82M shares, out of which, 288.89M shares are available for trading.
Stock saw a price change of -8.50% in past 5 days and over the past one month there was a price change of -5.92%. Year-to-date (YTD), HIG shares are showing a performance of 37.99% which increased to 38.98% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $78.33 but also hit the highest price of $124.90 during that period. The average intraday trading volume for Hartford Financial Services Group Inc shares is 1.49 million. The stock is currently trading -6.62% below its 20-day simple moving average (SMA20), while that difference is down -5.51% for SMA50 and it goes to 3.09% higher than SMA200.
Hartford Financial Services Group Inc (NYSE: HIG) currently have 290.82M outstanding shares and institutions hold larger chunk of about 93.35% of that.
The stock has a current market capitalization of $32.15B and its 3Y-monthly beta is at 0.95. PE ratio of stock for trailing 12 months is 11.11, while it has posted earnings per share of $9.98 in the same period. Its PEG reads 0.92 while making debt-to-equity ratio of 0.26. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HIG, volatility over the week remained 2.94% while standing at 1.79% over the month.
Stock’s fiscal year EPS is expected to rise by 13.26% while it is estimated to increase by 15.50% in next year. EPS is likely to shrink at an annualized rate of 12.07% for next 5-years, compared to annual growth of 12.66% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on October 04, 2024 offering a Neutral rating for the stock and assigned a target price range of between $113 and $121 to it. Coverage by Barclays stated Hartford Financial Services Group Inc (HIG) stock as an Equal weight in their note to investors on September 05, 2024, suggesting a price target of $130 for the stock. On June 28, 2024, Citigroup Downgrade their recommendations, while on January 10, 2024, TD Cowen Initiated their ratings for the stock with a price target of $132. Stock get a Neutral rating from JP Morgan on January 08, 2024.