Hartford Financial Services Group Inc. (HIG) Stock Forecast & Predictions

Hartford Financial Services Group Inc. HIG: $72.45

1 Hartford Plz, Hartford, Connecticut, US. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.thehartford.com

  • Market Cap$24.66B
  • Change (52 Weeks)43.47%
  • Low (52 Weeks)$46.39
  • Hartford Financial Services Group Inc. (HIG) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Hartford Financial Services Group Inc. (HIG) is based on 24 Institutional Analyst Ratings where 58.33% are on Strong Buy, 16.67% on Moderate Buy, 25.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 24 Institutional Analysts, majority recommended HIG stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Hartford Financial Services Group Inc..

    Hartford Financial Services Group Inc. (HIG) Stock Price Prediction By Analysts


    HighLowAverage
    $97.65$77.77$84.41
    $84.4116.5% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for HIG set by the institutional analysts is $84.41 where High Estimate is $97.65, Median $83.13 and Low $77.77.

    The average price target for HIG by Institutional Analysts is $84.41, which is 16.5% Upside from the current price. So according to the Institutional Analysts, HIG Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Hartford Financial Services Group Inc. (HIG) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyEqual-WeightMaintained
    Wells FargoOverweightMaintained
    Goldman SachsBuyInitiated
    JefferiesHoldInitiated
    Wells FargoOverweightMaintained
    RBC CapitalSector PerformMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Wells FargoOverweightMaintained
    Credit SuisseOutperformMaintained
    Wolfe ResearchPeer PerformInitiated
    B of A SecuritiesBuyUpgraded
    Raymond JamesOutperformMaintained
    BarclaysOverweightMaintained
    MKM PartnersNeutralDowngraded
    Credit SuisseOutperformUpgraded
    Raymond JamesOutperformInitiated
    Morgan StanleyOverweightMaintained
    JP MorganOverweightUpgraded
    Morgan StanleyOverweightMaintained
    BarclaysOverweightInitiated
    B of A SecuritiesBuyReiterated
    Credit SuisseNeutralMaintained
    RBC CapitalSector PerformMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyOverweightMaintained
    Wells FargoOverweightMaintained
    MKM PartnersBuyMaintained
    Deutsche BankBuyMaintained
    RBC CapitalSector PerformMaintained
    Piper SandlerOverweightMaintained
    Wells FargoOverweightUpgraded
    Morgan StanleyEqual-WeightMaintained
    Argus ResearchBuyUpgraded
    BuckinghamNeutralDowngraded
    CitigroupNeutralInitiated
    RBC CapitalSector PerformDowngraded
    Morgan StanleyEqual-WeightMaintained
    RBC CapitalOutperformMaintained
    Evercore ISI GroupOutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Buckingham ResearchBuyMaintained
    UBSBuyMaintained
    B. RileyBuyMaintained
    Goldman SachsBuyUpgraded
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Compass PointBuyInitiated
    Credit SuisseNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    BarclaysOverweightMaintained
    BuckinghamBuyMaintained
    Wells FargoMarket PerformMaintained
    B. Riley FBRBuyUpgraded
    Sandler O'NeillBuyInitiated
    Credit SuisseNeutralInitiated
    B. Riley FBRNeutralMaintained
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    CitigroupNeutralInitiated
    Credit SuisseOutperformUpgraded
    Goldman SachsNeutralInitiated
    UBSBuyMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Deutsche BankBuyInitiated
    Credit SuisseNeutralDowngraded
    RBC CapitalOutperformUpgraded
    FBR CapitalMarket PerformDowngraded
    Bank of AmericaNeutralDowngraded
    Credit SuisseOutperformInitiated
    BarclaysOverweightMaintained
    Atlantic EquitiesNeutralDowngraded
    UBSBuyMaintained
    Keefe Bruyette & WoodsOutperformMaintained
    BarclaysOverweightMaintained
    Wells FargoMarket PerformDowngraded
    FBR CapitalOutperformMaintained
    Atlantic EquitiesOverweightUpgraded
    NomuraNeutralInitiated
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    Atlantic EquitiesNeutralDowngraded
    Goldman SachsBuyInitiated
    UBSBuyMaintained
    BarclaysOverweightMaintained
    Keefe Bruyette & WoodsOutperformMaintained
    CitigroupNeutralMaintained
    Keefe Bruyette & WoodsOutperformMaintained
    Credit SuisseOutperformMaintained
    Sterne AgeeBuyMaintained
    BarclaysOverweightMaintained
    FBR CapitalOutperformUpgraded
    Keefe Bruyette & WoodsOutperformMaintained
    Keefe, Bruyette & WoodsOutperformUpgraded
    Wells FargoOutperformUpgraded
    Keefe Bruyette & WoodsMarket PerformDowngraded
    BarclaysOverweightUpgraded
    UBSBuyMaintained
    Credit SuisseOutperformMaintained
    Bank of AmericaBuyMaintained
    FBR CapitalMarket PerformDowngraded
    CitigroupBuyInitiated
    CitigroupBuyInitiated
    BarclaysEqual-WeightMaintained
    Stifel NicolausBuyMaintained
    MKM PartnersBuyInitiated
    BarclaysEqual-WeightMaintained
    Bank of AmericaBuyMaintained
    BarclaysEqual-WeightMaintained
    JP MorganNeutralMaintained
    BarclaysEqual-WeightMaintained
    Stifel NicolausBuyUpgraded
    UBSBuyMaintained

    Hartford Financial Services Group Inc. (HIG) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.632
    The average consensus EPS for HIG is $1.632 with a high estimate of $1.932 and Low of $1.411 for the period 2022-03-31 and based on 17 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.26$0.87262021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.5682021-12-31
    $1.26$0.87262021-09-30
    $2.33$1.35352021-06-30
    $0.56$0.62942021-03-31
    $1.76$1.34532020-12-31
    $1.46$0.90812020-09-30
    $1.22$1.23132020-06-30
    $1.34$1.36432020-03-31
    $1.43$1.3292019-12-31
    $1.5$1.24792019-09-30
    $1.33$1.15222019-06-30
    $1.39$1.2492019-03-31
    $0.78$0.57942018-12-31
    $1.15$1.06582018-09-30
    $1.13$1.04212018-06-30
    $1.27$1.08712018-03-31
    $0.81$0.77252017-12-31
    $0.6$0.57972017-09-30
    $1.04$0.94962017-06-30
    $1$1.00392017-03-31
    $1.08$0.94452016-12-31
    $1.06$0.95532016-09-30
    $0.31$0.80362016-06-30
    $0.95$1.02092016-03-31
    $1.07$0.99372015-12-31
    $0.86$0.99852015-09-30
    $0.91$0.77252015-06-30
    $1.04$0.97632015-03-31
    $0.96$0.9422014-12-31
    $1.06$0.83492014-09-30
    $0.31$0.6822014-06-30
    $1.18$0.93732014-03-31
    $0.94$0.90662013-12-31
    $1.03$0.84122013-09-30
    $0.66$0.71372013-06-30
    $0.92$0.83272013-03-31
    $0.54$0.30672012-12-31
    $0.78$0.83772012-09-30
    $0.23$0.45772012-06-30
    $1.25$0.91752012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).