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The Hartford Insurance Group, Inc. — Intrinsic Value & Fair Price

HIG
NYSEFinancial ServicesInsurance - DiversifiedCIK 0000874766thehartford.comAbout HIG
Last close · Oct 16, 2026135.12+2.31 (+1.74%)
Market cap$36.6B
Model value · P/B · justified
143.01
Hartford closed at $135.12 — undervalued by 6% vs model.
125.14the model's range166.85

P/B · justified leads for an insurer. From the justified price to book.

Other models
60.22 – 158.90
Wall St. target
148.50 9% below
Below model, 1y
20 of 20 days

Price and model value

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What the marks mean
Daily close

Dividends

Quarterly · as of Oct 16, 2026
Yield, trailing 12 months
1.78%
Past 2 years
low 1.50%high 1.96%
Dividends per share, a year at a time
$1.38Aug ’21$1.54Aug ’22$1.70Aug ’23$1.88Sep ’24$2.08Sep ’25$2.40TTM
Dividends / earnings, FY2025
15.4%
Raised
13 years in a row
Growth, 5 yrs
11.8% a year
Last change
+15.4% · Dec 2025
Every payment, with ex-dates · latest $0.60, paid Oct 2, 2026

Research on HIG

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How it is valued

Valued asInsurer
Low/slowing growth (~4% recent)High profitability (255% net margin)Pays dividendsHighly cyclical earningsStrong FCF yield (15.7%)
What growth the price implies: the reverse DCF

Key figures

FY2025 · chosen for insurers
Price / book
2.0×
Return on equity
20.2%
P/E
10.1×
Dividend yield, TTM
1.78%
Payout ratio
16.0%
Debt / equity
0.2
On the lists: #17 Lowest P/E
Full financials

Analyst actions

third-party, quoted
10-12Truist Financial · target137.00
09-16Mizuho · “Neutral” from “Outperform”downgrade
07-15Piper Sandler · “Neutral” from “Overweight”downgrade
07-15Piper Sandler · target146.00
Ratings, targets and estimates

The weekly

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About Hartford

The Hartford Insurance 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. It operates through Business Insurance, Personal Insurance, Property & Casualty Other Operations, Employee Benefits and Hartford Funds. The company offers insurance coverage, 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 also provides automobiles, homeowners, and personal umbrella coverages. The Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. In addition, it 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; leave management solution; distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Further, the company 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, 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.

CEO
Christopher J. Swift
Headquarters
Hartford, CT
Employees
19,200
IPO
1995-12-15
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.