With 1.86 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.42 million shares. During the session, the Insurance – Property & Casualty company that operates in wider Financial sector, reached to the highest price of $116.32 whereas the lowest price it dropped to was $113.84. The 52-week range on HIG shows that it touched its highest point at $115.08 and its lowest point at $68.82 during that stretch. It currently has a 1-year price target of $117.70. With its current market cap of 34.03 billion, HIG has annualized dividend of $1.83 while the current yield stands at 1.58%. Beta for the stock currently stands at 0.92.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HIG was up-trending over the past week, with a rise of 4.02%, but this was up by 4.72% over a month. Three-month performance surged to 14.73% while six-month performance rose 21.19%. The stock gained 60.67% in the past year, while it has gained 44.50% so far this year. A look at the trailing 12-month EPS for HIG yields 9.51 with Next year EPS estimates of 11.59. For the next quarter, that number is 2.52. This implies an EPS growth rate of 13.93% for this year and 14.59% for next year. EPS is expected to grow by 10.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.66%.
Float and Shares Shorts:
At present, 298.47 million HIG shares are outstanding with a float of 292.01 million shares on hand for trading. On 2024-08-15, short shares totaled 4.25 million, which was 145.00000500000002 higher than short shares on 1721001600. In addition to Mr. Christopher Jerome Swift CPA as the firm’s Chairman & CEO, Ms. Beth A. Costello serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.95128 of HIG’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HIG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
