Hartford Financial Services Group Inc. - FXDFR DB REDEEM 15/04/2042 USD 25

Hartford Financial Services Group Inc. - FXDFR DB REDEEM 15/04/2042 USD 25

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Market Cap$38.9B
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P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Hartford Financial Services Group Inc. - FXDFR DB REDEEM 15/04/2042 USD 25Hartford Financial Services Group Inc. - FXDFR DB REDEEM 15/04/2042 USD 259.11.63%22%0.20.2

Earnings Call Q2 2026

July 24, 2026 - AI Summary

Strong overall performance + capital return (good/surprising): - Q2 core earnings: $945M ($3.42/share) with trailing 12-month ROE (core) of 18.7%. - Book value per share ex-AOCI: $78.91, up 7% vs. year-end and 15% vs. a year ago. - Board approved new $4.2B share repurchase authorization (through Dec 2028); existing authorization still had ~$650M remaining as of June 30. - Q2 buybacks: $450M (3.4M shares). Company expects ~$475M/quarter for the rest of 2026. - Strategic “monetize noncore” surprise/positive: agreement to sell Hartford Funds to Wellington Management, expected to generate cash proceeds supporting buybacks.
Business Insurance remains profitable with disciplined underwriting (good): - Business Insurance Q2: written premium +5%; underlying combined ratio 89.3. - Small business: premium +7%, combined ratio 86.5 (excellent execution; growth helped by double-digit increases in package and ENS). - Middle & large: premium +4%, combined ratio 95.3 (includes normal volatility; management cited elevated non-cat property losses from a few large fires). - Global Specialty: premium +4%, combined ratio 85.8 (up vs prior year mainly due to higher international loss ratio and higher expense ratio driven by technology costs).
Pricing/market dynamics: holding up overall, but property moderated + competition pressures (mixed/challenges): - Business insurance renewal pricing (ex WC): +5.8% in Q2 (relatively consistent). - Commercial auto & general liability pricing still strong and above loss trend; Umbrella/excess had some of the highest increases. - Property remains profitable but pricing moderated; management says aggregate property pricing for small business package and middle market general industries is still in the mid-single digits. - Management expectation: small renewal pricing ~7%, middle market ex-comp ~4.4% (down vs earlier quarter), indicating competitive pressure—especially in middle/large.

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$25.01

Current Fair Value

0% upside

Overvalued by 0% based on the discounted cash flow analysis.

Share Statistics

Market cap$38.90 Billion
Enterprise Value$43.15 Billion
Dividend Yield$1.97 (1.63%)
Earnings per Share$0.01
Beta0.07
Outstanding Shares278,300,000

Return

Return on Equity22.23%ROE
Return on Assets4.96%
Return on Invested Capital3.24%

Valuation & Multiples

P/E Ratio9.09P/E Ratio
PEG29.85PEG
Price to Sales0.24Price to Sales
Price to Book Ratio0.36Price to Book Ratio
Enterprise Value to Revenue1.49
Enterprise Value to EBIT15.25
Enterprise Value to Net Income9
Total Debt to Enterprise0.1
Debt to Equity0.22Debt to Equity

Revenue Sources

No data

Insider Trades

Institutional Sentiment (Put/Call)

No data available for the latest quarter.

Institutional Ownership

No data available for the latest quarter.

ESG Score

No data

About Hartford Financial Services Group Inc.

18,500 employees
CEO: Christopher Swift