Hartford Insurance (HIG)
Market Price (10/15/2025): $131.18 | Market Cap: $37.2 BilSector: Financials | Industry: Property & Casualty Insurance
Hartford Insurance (HIG)
Market Price (10/15/2025): $131.18Market Cap: $37.2 BilSector: FinancialsIndustry: Property & Casualty Insurance
Investment Highlights
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.9%, FCF Yield is 15% | Trading close to highsDist 52W High is -2.6%, Dist 3Y High is -2.6% | |
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -45% | ||
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21%, CFO LTM is 5.8 Bil, FCF LTM is 5.7 Bil | ||
Low stock price volatilityVol 12M is 23% |
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.9%, FCF Yield is 15% |
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -45% |
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21%, CFO LTM is 5.8 Bil, FCF LTM is 5.7 Bil |
Low stock price volatilityVol 12M is 23% |
Trading close to highsDist 52W High is -2.6%, Dist 3Y High is -2.6% |
Market Valuation & Key Metrics
HIG Stock
Price Returns Compared
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
---|---|---|---|---|---|---|---|
Returns | |||||||
HIG Return | -17% | 44% | 12% | 9% | 39% | 21% | 141% |
Peers Return | -6% | 31% | 12% | 3% | 32% | 10% | 105% |
S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 13% | 103% |
Monthly Win Rates [3] | |||||||
HIG Win Rate | 58% | 58% | 50% | 67% | 67% | 67% | |
Peers Win Rate | 52% | 58% | 60% | 57% | 65% | 62% | |
S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 67% | |
Max Drawdowns [4] | |||||||
HIG Max Drawdown | -57% | -2% | -11% | -13% | 0% | -3% | |
Peers Max Drawdown | -47% | -4% | -9% | -21% | -1% | -11% | |
S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: ALL, MET, PRU, WRB, CINF. See HIG Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/14/2025 (YTD)
Downturns Compared
Event | HIG | S&P 500 |
---|---|---|
2022 Inflation Shock | ||
% Loss | -19.5% | -25.4% |
% Gain to Breakeven | 24.3% | 34.1% |
Time to Breakeven | 58 days | 464 days |
2020 Covid Pandemic | ||
% Loss | -57.1% | -33.9% |
% Gain to Breakeven | 133.2% | 51.3% |
Time to Breakeven | 365 days | 148 days |
2018 Correction | ||
% Loss | -31.0% | -19.8% |
% Gain to Breakeven | 45.0% | 24.7% |
Time to Breakeven | 238 days | 120 days |
2008 Global Financial Crisis | ||
% Loss | -96.6% | -56.8% |
% Gain to Breakeven | 2828.7% | 131.3% |
Time to Breakeven | 5621 days | 1480 days |
How Low Can It Go?
Hartford Insurance's stock fell -19.5% during the 2022 Inflation Shock from a high on 4/13/2022. A -19.5% loss requires a 24.3% gain to breakeven.
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About Hartford Insurance (HIG)
The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers workers' compensation, property, automobile, liability, umbrella, bond, marine, livestock, and reinsurance; and customized insurance products and risk management services, including professional liability, bond, surety, and specialty casualty coverages through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers investment products for retail and retirement accounts; exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers; and investment management and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.
Latest Trefis Analyses
Trade Ideas
Select past trade ideas related to HIG and Property & Casualty Insurance.
Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
---|---|---|---|---|---|---|---|
09302025 | HLNE | Hamilton Lane | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -7.3% | -7.3% | -12.3% |
09302025 | CNS | Cohen & Steers | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 2.2% | 2.2% | -1.6% |
09262025 | JKHY | Jack Henry & Associates | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 3.2% | 3.2% | -2.1% |
09192025 | FDS | FactSet Research Systems | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.2% | -1.2% | -4.9% |
09052025 | IBKR | Interactive Brokers | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 15.3% | 15.3% | 0.0% |
Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
---|---|---|---|---|---|---|---|
09302025 | HLNE | Hamilton Lane | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -7.3% | -7.3% | -12.3% |
09302025 | CNS | Cohen & Steers | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 2.2% | 2.2% | -1.6% |
09262025 | JKHY | Jack Henry & Associates | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 3.2% | 3.2% | -2.1% |
09192025 | FDS | FactSet Research Systems | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.2% | -1.2% | -4.9% |
09052025 | IBKR | Interactive Brokers | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 15.3% | 15.3% | 0.0% |
See Trefis Trade Ideas for more.
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Hartford Insurance
Financials
Median | |
---|---|
Name | |
Mkt Price | 117.44 |
Mkt Cap | 37.0 |
Rev LTM | 43,940 |
Op Inc LTM | - |
FCF LTM | 4,562 |
FCF 3Y Avg | 5,352 |
CFO LTM | 4,663 |
CFO 3Y Avg | 5,446 |
Growth & Margins
Median | |
---|---|
Name | |
Rev Chg LTM | 8.7% |
Rev Chg 3Y Avg | 8.9% |
Rev Chg Q | 6.7% |
QoQ Delta Rev Chg LTM | 1.6% |
Op Mgn LTM | - |
Op Mgn 3Y Avg | - |
QoQ Delta Op Mgn LTM | - |
CFO/Rev LTM | 21.3% |
CFO/Rev 3Y Avg | 19.6% |
FCF/Rev LTM | 21.0% |
FCF/Rev 3Y Avg | 19.3% |
Valuation
Median | |
---|---|
Name | |
Mkt Cap | 37.0 |
P/S | 1.1 |
P/EBIT | 8.7 |
P/E | 13.3 |
P/CFO | 7.6 |
Total Yield | 10.4% |
Dividend Yield | 2.0% |
FCF Yield 3Y Avg | 15.5% |
D/E | 0.1 |
Net D/E | -0.6 |
Returns
Median | |
---|---|
Name | |
1M Rtn | 2.2% |
3M Rtn | 9.5% |
6M Rtn | 14.3% |
12M Rtn | 12.3% |
3Y Rtn | 71.7% |
1M Excs Rtn | 2.2% |
3M Excs Rtn | 2.5% |
6M Excs Rtn | -9.6% |
12M Excs Rtn | -0.1% |
3Y Excs Rtn | -5.0% |
Segment Financials
Revenue by Segment
$ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Commercial Lines | 11,682 | 10,610 | 9,575 | 8,940 | 8,325 |
Group Benefits | 6,515 | 6,057 | 5,687 | 5,536 | 5,603 |
Personal Lines | 3,117 | 2,979 | 2,986 | 3,042 | 3,235 |
Net investment income | 2,305 | 2,177 | 2,313 | 1,846 | 1,951 |
Hartford Funds | 973 | 1,044 | 1,189 | 989 | 999 |
Other revenues | 84 | 73 | 81 | 126 | 170 |
Corporate | 39 | 49 | 50 | 58 | 60 |
Property & Casualty (P&C) Other Operations | 0 | 0 | 0 | 2 | |
Net realized losses | -188 | -627 | 509 | -14 | 395 |
Total | 24,527 | 22,362 | 22,390 | 20,523 | 20,740 |
$ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Commercial Lines | 2,085 | 1,624 | 1,757 | 856 | 1,192 |
Group Benefits | 535 | 327 | 256 | 383 | 536 |
Hartford Funds | 174 | 162 | 217 | 170 | 149 |
Personal Lines | -39 | 91 | 385 | 718 | 318 |
Corporate | -121 | -195 | -149 | -222 | |
Property & Casualty (P&C) Other Operations | -130 | -190 | -95 | -168 | 61 |
Preferred stock dividends | -21 | -21 | 21 | ||
Total | 2,504 | 1,819 | 2,350 | 1,716 | 2,277 |
$ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Commercial Lines | 49,711 | 45,482 | 42,041 | ||
Group Benefits | 13,697 | 14,732 | 14,595 | ||
Personal Lines | 5,579 | 5,969 | 6,310 | ||
Property & Casualty (P&C) Other Operations | 4,235 | 3,505 | 3,560 | ||
Corporate | 2,874 | 3,761 | 3,677 | ||
Mutual Funds/Hartford Funds | 684 | ||||
Hartford Funds | 662 | 634 | |||
Total | 76,780 | 74,111 | 70,817 |
Returns Analyses
Earnings Returns History
Expand for MoreForward Returns | |||
---|---|---|---|
Earnings Date | 1D Returns | 5D Returns | 21D Returns |
7/28/2025 | 2.8% | 4.1% | 10.0% |
4/24/2025 | -0.4% | 2.2% | 8.1% |
1/30/2025 | -2.4% | -0.7% | 5.3% |
10/24/2024 | -6.8% | -8.3% | 0.2% |
7/25/2024 | 7.1% | 7.1% | 10.1% |
4/25/2024 | -3.8% | -1.6% | 2.2% |
2/1/2024 | 3.7% | 3.1% | 9.4% |
10/26/2023 | -2.1% | 2.4% | 9.1% |
... | |||
SUMMARY STATS | |||
# Positive | 11 | 16 | 18 |
# Negative | 13 | 8 | 6 |
Median Positive | 2.8% | 3.2% | 6.5% |
Median Negative | -2.3% | -1.8% | -6.3% |
Max Positive | 7.1% | 7.1% | 15.1% |
Max Negative | -6.8% | -8.3% | -9.8% |
SEC Filings
Expand for MoreReport Date | Filing Date | Filing |
---|---|---|
6302025 | 7282025 | 10-Q 6/30/2025 |
3312025 | 4242025 | 10-Q 3/31/2025 |
12312024 | 2212025 | 10-K 12/31/2024 |
9302024 | 10242024 | 10-Q 9/30/2024 |
6302024 | 7252024 | 10-Q 6/30/2024 |
3312024 | 4252024 | 10-Q 3/31/2024 |
12312023 | 2232024 | 10-K 12/31/2023 |
9302023 | 10262023 | 10-Q 9/30/2023 |
6302023 | 7272023 | 10-Q 6/30/2023 |
3312023 | 4272023 | 10-Q 3/31/2023 |
12312022 | 2242023 | 10-K 12/31/2022 |
9302022 | 10272022 | 10-Q 9/30/2022 |
6302022 | 7282022 | 10-Q 6/30/2022 |
3312022 | 4282022 | 10-Q 3/31/2022 |
12312021 | 2182022 | 10-K 12/31/2021 |
9302021 | 10282021 | 10-Q 9/30/2021 |
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