The Hartford Insurance Group (HIG) and Its Competitors Financial Analysis

The Hartford Insurance Group (NYSE:HIG) is one of 311 public companies in the “Insurance” industry, but how does it weigh in compared to its competitors? We will compare The Hartford Insurance Group to related businesses based on the strength of its dividends, analyst recommendations, valuation, earnings, institutional ownership, profitability and risk.

Analyst Recommendations

This is a breakdown of recent recommendations for The Hartford Insurance Group and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
The Hartford Insurance Group	0	12	5	1	2.39
The Hartford Insurance Group Competitors	3321	15636	16468	738	2.40

The Hartford Insurance Group presently has a consensus price target of $144.69, suggesting a potential upside of 6.62%. As a group, “Insurance” companies have a potential upside of 5.18%. Given The Hartford Insurance Group’s higher probable upside, equities analysts clearly believe The Hartford Insurance Group is more favorable than its competitors.

Volatility & Risk

The Hartford Insurance Group has a beta of 0.49, suggesting that its stock price is 51% less volatile than the S&P 500. Comparatively, The Hartford Insurance Group’s competitors have a beta of -1.51, suggesting that their average stock price is 251% less volatile than the S&P 500.

Dividends

The Hartford Insurance Group pays an annual dividend of $2.68 per share and has a dividend yield of 2.0%. The Hartford Insurance Group pays out 16.2% of its earnings in the form of a dividend. As a group, “Insurance” companies pay a dividend yield of 2.9% and pay out 30.4% of their earnings in the form of a dividend. The Hartford Insurance Group has raised its dividend for 12 consecutive years.

Insider and Institutional Ownership

93.4% of The Hartford Insurance Group shares are owned by institutional investors. Comparatively, 55.9% of shares of all “Insurance” companies are owned by institutional investors. 1.3% of The Hartford Insurance Group shares are owned by company insiders. Comparatively, 13.4% of shares of all “Insurance” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares The Hartford Insurance Group and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
The Hartford Insurance Group	15.85%	20.93%	4.52%
The Hartford Insurance Group Competitors	9.36%	-9.77%	4.23%

Earnings and Valuation

This table compares The Hartford Insurance Group and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
The Hartford Insurance Group	$29.08 billion	$3.84 billion	8.21
The Hartford Insurance Group Competitors	$15.49 billion	$1.70 billion	34.52

The Hartford Insurance Group has higher revenue and earnings than its competitors. The Hartford Insurance 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.

Summary

The Hartford Insurance Group beats its competitors on 10 of the 15 factors compared.

About The Hartford Insurance Group

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. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channels 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 leave management solution. This segment also distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded funds through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.