Hartford Financial Services Group (NYSE: HIG) is one of 20 publicly-traded companies in the “Multiline Insurance & Brokers” industry, but how does it compare to its competitors? We will compare Hartford Financial Services Group to similar businesses based on the strength of its earnings, dividends, institutional ownership, risk, valuation, profitability and analyst recommendations.
Insider and Institutional Ownership
88.6% of Hartford Financial Services Group shares are owned by institutional investors. Comparatively, 62.1% of shares of all “Multiline Insurance & Brokers” companies are owned by institutional investors. 1.5% of Hartford Financial Services Group shares are owned by insiders. Comparatively, 15.4% of shares of all “Multiline Insurance & Brokers” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
This table compares Hartford Financial Services Group and its competitors revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Hartford Financial Services Group||$18.30 billion||$896.00 million||41.71|
|Hartford Financial Services Group Competitors||$11.13 billion||$534.17 million||143.88|
Hartford Financial Services Group has higher revenue and earnings than its competitors. Hartford Financial Services Group is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Risk & Volatility
Hartford Financial Services Group has a beta of 0.98, suggesting that its share price is 2% less volatile than the S&P 500. Comparatively, Hartford Financial Services Group’s competitors have a beta of 1.28, suggesting that their average share price is 28% more volatile than the S&P 500.
This is a breakdown of current recommendations and price targets for Hartford Financial Services Group and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Hartford Financial Services Group||0||5||6||0||2.55|
|Hartford Financial Services Group Competitors||89||559||687||21||2.47|
Hartford Financial Services Group presently has a consensus target price of $56.82, suggesting a potential upside of 3.99%. As a group, “Multiline Insurance & Brokers” companies have a potential upside of 10.13%. Given Hartford Financial Services Group’s competitors higher probable upside, analysts plainly believe Hartford Financial Services Group has less favorable growth aspects than its competitors.
Hartford Financial Services Group pays an annual dividend of $1.00 per share and has a dividend yield of 1.8%. Hartford Financial Services Group pays out 76.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Multiline Insurance & Brokers” companies pay a dividend yield of 2.0% and pay out 50.5% of their earnings in the form of a dividend. Hartford Financial Services Group has increased its dividend for 4 consecutive years. Hartford Financial Services Group lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.
This table compares Hartford Financial Services Group and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Hartford Financial Services Group||2.63%||8.21%||0.62%|
|Hartford Financial Services Group Competitors||6.30%||12.12%||2.73%|
Hartford Financial Services Group competitors beat Hartford Financial Services Group on 10 of the 15 factors compared.
Hartford Financial Services Group Company Profile
The Hartford Financial Services Group, Inc. is a holding company for insurance and financial services subsidiaries. The Company’s segments include Commercial Lines, which provides workers’ compensation, property, automobile, marine, livestock, liability and umbrella coverages primarily throughout the United States; Personal Lines, which provides automobile, homeowners and personal umbrella coverages to individuals across the United States; Group Benefits, which provides group life, accident and disability coverage, and other products and services; Property & Casualty Other Operations, which includes certain property and casualty operations; Mutual Funds, which provides investment management, administration, product distribution and related services to investors; Talcott Resolution, which consists of the run-off of the Company’s the United States individual and institutional annuity, and Private Placement Life Insurance (PPLI) businesses, and Corporate.
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