The Hartford Financial Services Group (HIG) has shown impressive financial robustness. It hit a 52-week high of $112.74 and provided a solid return of 116% to investors over the past five years. Recently, Hartford delivered outstanding Q2 2024 financial performance and surpassed analyst earnings estimates for Q1. This has led to a growth in short interest. The company has announced quarterly dividends of $0.47 per share of common stock and $375 per share of Series G preferred stock, thereby evidencing its ongoing commitment to shareholder returns. While there were a few instances of insider stock sell-offs, numerous entities have shown interest in acquiring more shares of HIG. The company has recently announced leadership changes and acquisitions. It exited annuity and life insurance businesses, but shows promises in areas like mental health and auto insurance rates. Lastly, the commentary around HIG says that the stock can climb even higher.
The Hartford Financial Services Group HIG News Analytics from Thu, 30 Nov 2017 08:00:00 GMT to Sun, 25 Aug 2024 14:14:17 GMT -
Rating 8
- Innovation 7
- Rumor 4
