Home | Breaking Out | AI powered stock trade ideas | Bullish Engulfing | Market Signals | New Green Signal Stocks | Recent Red Arrow Top Signals | Recent Green Arrow Bottom Signals | Near Term Bottom Signals | Green Stocks with Most Upside to Analyst Target Price | New Long Term Green AI Signals | Big Tech Stocks | ETF Sector SPDRs | Solar Stocks | Chip Stocks | Airline Stocks | Social Media Stocks | Oil Stocks| Discount Store Stocks | Entertainment Stocks | EV Stocks | Restaurant Stocks | Heavy Equipment Stocks | Aerospace Stocks | Home Builders | Bank Stock Signals | Cruise Ship Stock Signals | Mining Stocks | Free AI Portfolio Analyzer | How to Read and Trade AI Powered Stock Charts| Stock Charts AI top 50 Stocks

Recently Featured Stock Charts
86% AI Stock Prediction Accuracy
Enter Stock Symbol to View AI powered Stock Chart

StockChartsAI.com

All Chart Prices Delayed at least 15 minutes

Before accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.


Stock Charts AI Power Rank: 9.6
Power Rank trend -> Rising

Last Price: 109.63 - Change: 7.3 - Change %: 7.1338
07/26/2024 16:10:00 EST

Hartford Financial Services Group (HIG)

Industry: Insurance - Property & Casualty

Price Support Resistance

In the past 20 trading days, HIG has been trading in a range between $105.06 and $98.71 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.

HIG is breaking above top of the recent 20 day range at $105.06 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.

Upside / Downside Potential

Hartford Financial Services Group $HIG entered a Green zone 5 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $85.5, a potential down side of -22.01% from the recent price of 109.63. The stock is trading -2.46% (potential upside) below its 52 week high of $106.93 and 61.79 % (potential downside) above its 52 week low of $67.76 - based on the recent price.

Company Summary

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.

HIG Website

News

Hartford Financial (HIG) Q2 Earnings Beat on Commercial Lines
Hartford Financial's (HIG) quarterly earnings benefit from a strong Group Benefits and Commercial Lines performance. However, rising expenses partially offset the positives.
Source: Zacks Investment Research
Fri, 26 Jul 2024 13:46:19 -0400
Sentiment: Positive
The Hartford Financial Services Group, Inc. (HIG) Q2 2024 Earnings Call Transcript
The Hartford Financial Services Group, Inc. (NYSE:HIG ) Q2 2024 Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants Susan Spivak - Senior Vice President, Investor Relations Chris Swift - Chairman and Chief Executive Officer Beth Costello - Chief Financial Officer Morris Tooker - Head of Enterprise Sales & Distribution, Global Specialty, and Middle & Large Commercial Jonathan Bennett - Head of Group Benefits Conference Call Participants Elyse Greenspan - Wells Fargo Andrew Kligerman - TD Cowen Brian Meredith - UBS Financial Gregory Peters - Raymond James Josh Shanker - Bank of America Yaron Kinar - Jefferies Peter Knudsen - Evercore ISI Operator Thank you for standing by, and welcome to The Hartford Financial Second Quarter 2024 Results Conference Call and Webcast. All lines have been placed on mute to prevent any background noise.
Source: Seeking Alpha
Fri, 26 Jul 2024 11:23:08 -0400
Sentiment: Neutral
The Hartford (HIG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for The Hartford (HIG) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Source: Zacks Investment Research
Thu, 25 Jul 2024 19:31:45 -0400
Sentiment: Neutral
The Hartford Announces Outstanding Second Quarter 2024 Financial Performance
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford (NYSE: HIG) today announced financial results for the second quarter ended June 30, 2024. “The Hartford's second quarter 2024 financial results were outstanding with a trailing 12-month core earnings ROE of 17.4 percent,” said The Hartford's Chairman and CEO Christopher Swift. “Commercial Lines maintained robust top-line growth at highly profitable margins. Personal Lines continues to make great strides towards restoring target profitability in aut.
Source: Business Wire
Thu, 25 Jul 2024 16:15:00 -0400
Sentiment: Neutral
Can Hartford Financial (HIG) Counter Rising Costs in Q2 Earnings?
Hartford Financial's (HIG) Q2 results are likely to reflect benefits of new business growth and favorable retention rates in the Commercial Lines unit, partly offset by an elevated expense level.
Source: Zacks Investment Research
Tue, 23 Jul 2024 14:40:17 -0400
Sentiment: Positive
Instituions Institution %: 95.103
Last QTR Institution change: -5125171

Insiders
Insiders %: 0.311
Insiders Purchases last QTR: 0
Insiders Sales last QTR: 523718
Insiders Net last QTR: -523718

Analyst Ratings
Target Price: 85.5
Overall Rating: 3.8
Strong Buys (5): 6
Buys (4): 4
Holds (3): 10
Sells (2): 0
Strong Sells (1): 0

Technicals
52 Week Hi: 109.68
52 Week Low: 67.7551
Beta: 0.919
50 Day MA: 101.6022
200 Day MA: 90.8581

Earnings / Revenue Trends
Qtr Earnings Growth YOY: 0.41
Qtr Revenue Growth YOY: 0.072
Forward PE: 9.3985
Trailing PE: 11.54

Benefits of StockChartsAI.com System:

  • Get a Daily List of Stocks Starting New Trends
  • Upload Your Stocks to Quickly See and Track Signals
  • Easy to Understand AI Stock Signals
  • Analysis of Historical Signal Trend Analysis for each stock
  • Search/View AI Stock Signals of Russel 1000 Stocks
  • Easy to Understand AI Stock Signals
  • And MUCH MUCH more!

1000

Stock Analyzed Each Night

Portfolio

Easily Upload Track Your Stocks

Trends

See Lists of Stocks Starting New Trends

The information contained on this website is solely for educational purposes, and does not constitute investment advice. The risk of trading in securities markets can be substantial. By accessing this site, you agree we are not liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance you may place upon such information from this site. Stocks, Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stock, futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. Individual results may vary, and testimonials are not claimed to represent typical results. All testimonials are by real people, and may not reflect the typical purchaser’s experience, and are not intended to represent or guarantee that anyone will achieve the same or similar results. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.