With 1.28 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.62 million shares. During the session, the Insurance – Property & Casualty company that operates in wider Financial sector, reached to the highest price of $114.42 whereas the lowest price it dropped to was $112.55. The 52-week range on HIG shows that it touched its highest point at $124.90 and its lowest point at $89.04 during that stretch. It currently has a 1-year price target of $128.50. With its current market cap of 32.90 billion, HIG has annualized dividend of $1.93 while the current yield stands at 1.70%. HIG paid its most recent dividend on 1733097600, while the ex-dividend date for that was 1733097600. Beta for the stock currently stands at 0.92.
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 down-trending over the past week, with a drop of -0.68%, but this was up by 4.45% over a month. Three-month performance surged to 2.09% while six-month performance rose 7.96%. The stock gained 26.02% in the past year, while it has gained 3.73% so far this year. A look at the trailing 12-month EPS for HIG yields 10.36 with Next year EPS estimates of 12.79. For the next quarter, that number is 2.37. This implies an EPS growth rate of 9.59% for this year and 13.30% for next year. EPS is expected to grow by 11.35% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.84%.
Float and Shares Shorts:
At present, 289.89 million HIG shares are outstanding with a float of 288.88 million shares on hand for trading. On 2025-01-15, short shares totaled 3.82 million, which was 132.00001 higher than short shares on 1734048000. In addition to Mr. Christopher Jerome Swift CPA as the firm’s Chairman & CEO, Ms. Beth A. Costello CPA serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.94848996 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 7 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HIG analysts setting a high price target of 144.0 and a low target of 115.0, the average target price over the next 12 months is 128.5294. Based on these targets, HIG could surge 26.89% to reach the target high and rise by 1.34% to reach the target low. Reaching the average price target will result in a growth of 13.26% from current levels.
Analysts have provided yearly estimates in a range of $10.20707 being high and $9.79879 being low. For HIG, this leads to a yearly average estimate of $10.01787. Based on analyst estimates, the high estimate for the next quarter is $3.1 and the low estimate is $2.45. The average estimate for the next quarter is thus $2.85.
