[Bloomberg] Hartford Financial Services Group Inc (NYSE:HIG), Chief Executive Officer Christopher Swift was named to the additional post of chairman in a transition that occurred earlier than the insurer had initially planned.
Swift, 53, replaces former CEO Liam McGee, 60, as chairman, according to a statement today from Hartford, the insurer based in the Connecticut city of the same name. The company said in June that McGee would serve as chairman until the 2015 shareholders’ meeting. The annual gatherings are usually held in May. To view the full article click here.
Hartford Financial Services Group Inc (NYSE:HIG), On 10/27/2014, HIG reported 3 quarter 2014 earnings of $1.06 per share. This result beat the $0.83 consensus of the 18 analysts covering the company and beat last year’s 3 quarter results by 2.91%.
The next confirmed earnings announcement is expected on 02/02/2015.
Insufficient price earnings data. HIG’s PE ratio is above average for the Insurance (Prop. & Casualty) industry and signals that investors are willing to pay a premium for this stock.
Hartford Financial Services Group Inc (HIG)‘s PE ratio is among the lowest of any stock in the Semiconductors industry and signals that investors have not been willing to pay a premium for this company’s business prospects. Additionally, during the past year, earnings growth has outpaced its historical five year growth rate.
In terms of ratings, there are seventeen analysts that cover the stock which have provided Q4 2014 earnings per share estimates. The consensus anticipated number for the upcoming quarter is $0.92. The highest estimate is $1.05 while the lowest is $0.88. The company has a one year EPS growth rate of 290.90%.
About Hartford Financial Services
Hartford Financial Services Group Inc (HIG) is a holding company for insurance and financial services subsidiaries that provide property and casualty and life insurance, as well as investment products to both individual and business customers in the United States. The Company’s segments include Property & Casualty Commercial, which provides workers’ compensation, property, automobile, marine, livestock, liability and umbrella coverages; Consumer Markets, which offers automobile, homeowners and personal umbrella coverages; Property & Casualty Other Operations, which includes property and casualty operations; Group Benefits, which provides group life, accident and disability coverage; Mutual Funds, which offers mutual funds for retail and retirement accounts, and Talcott Resolution, which comprises runoff business from the Company’s individual annuity, the retained Japan fixed payout annuity liabilities, institutional and private-placement life insurance businesses.