Wall Street brokerages expect Hartford Financial Services Group Inc (NYSE:HIG) to announce earnings per share (EPS) of $0.65 for the current quarter, Zacks reports. Zero analysts have made estimates for Hartford Financial Services Group’s earnings, with estimates ranging from $0.52 to $1.02. Hartford Financial Services Group posted earnings per share of $0.81 during the same quarter last year, which suggests a negative year over year growth rate of 19.8%. The company is scheduled to issue its next earnings results after the market closes on Monday, February 4th.

According to Zacks, analysts expect that Hartford Financial Services Group will report full year earnings of $4.20 per share for the current year, with EPS estimates ranging from $4.07 to $4.60. For the next year, analysts forecast that the firm will post earnings of $4.99 per share, with EPS estimates ranging from $4.84 to $5.15. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Hartford Financial Services Group.

Hartford Financial Services Group (NYSE:HIG) last announced its quarterly earnings data on Thursday, October 25th. The insurance provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.11. Hartford Financial Services Group had a positive return on equity of 12.20% and a negative net margin of 11.09%. The company had revenue of $4.80 billion for the quarter.

Several brokerages recently issued reports on HIG. Wells Fargo & Co set a $53.00 price objective on Hartford Financial Services Group and gave the stock a “hold” rating in a research note on Wednesday, December 5th. ValuEngine cut Hartford Financial Services Group from a “hold” rating to a “sell” rating in a research note on Wednesday, January 2nd. Credit Suisse Group set a $53.00 price objective on Hartford Financial Services Group and gave the stock a “hold” rating in a research note on Thursday, December 13th. Compass Point began coverage on Hartford Financial Services Group in a research note on Tuesday, January 15th. They issued a “buy” rating and a $58.00 price objective on the stock. Finally, Buckingham Research set a $58.00 price objective on Hartford Financial Services Group and gave the stock a “buy” rating in a research note on Monday, October 29th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $56.92.

NYSE:HIG traded up $0.03 during midday trading on Friday, hitting $46.24. The stock had a trading volume of 22,004 shares, compared to its average volume of 2,287,508. Hartford Financial Services Group has a one year low of $40.54 and a one year high of $59.20. The stock has a market cap of $16.75 billion, a P/E ratio of 16.86, a price-to-earnings-growth ratio of 0.98 and a beta of 0.77. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.33.

In other Hartford Financial Services Group news, EVP David C. Robinson sold 2,395 shares of the stock in a transaction on Wednesday, October 31st. The stock was sold at an average price of $45.62, for a total transaction of $109,259.90. Following the sale, the executive vice president now owns 19,003 shares of the company’s stock, valued at approximately $866,916.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Julie Richardson bought 5,000 shares of the company’s stock in a transaction on Tuesday, December 11th. The shares were bought at an average cost of $41.44 per share, for a total transaction of $207,200.00. Following the transaction, the director now directly owns 17,213 shares in the company, valued at approximately $713,306.72. The disclosure for this purchase can be found here. 1.50% of the stock is currently owned by company insiders.

Several institutional investors have recently bought and sold shares of HIG. FMR LLC grew its stake in shares of Hartford Financial Services Group by 1.8% during the 2nd quarter. FMR LLC now owns 10,496,071 shares of the insurance provider’s stock worth $536,664,000 after acquiring an additional 184,389 shares in the last quarter. Raymond James & Associates grew its stake in shares of Hartford Financial Services Group by 5.6% during the 2nd quarter. Raymond James & Associates now owns 121,207 shares of the insurance provider’s stock worth $6,197,000 after acquiring an additional 6,442 shares in the last quarter. Morgan Stanley grew its stake in shares of Hartford Financial Services Group by 7.5% during the 2nd quarter. Morgan Stanley now owns 945,844 shares of the insurance provider’s stock worth $48,363,000 after acquiring an additional 65,604 shares in the last quarter. Marshall Wace LLP bought a new position in shares of Hartford Financial Services Group during the 2nd quarter worth approximately $561,000. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp bought a new position in shares of Hartford Financial Services Group during the 2nd quarter worth approximately $1,053,000. 89.24% of the stock is owned by hedge funds and other institutional investors.

About Hartford Financial Services Group

The Hartford Financial Services Group, Inc, through its subsidiaries, provides insurance and financial services to individual and business customers in the United States. It operates through five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Mutual Funds.

Featured Story: What are the Benefits of Index Funds?

Get a free copy of the Zacks research report on Hartford Financial Services Group (HIG)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Hartford Financial Services Group (NYSE:HIG)

Receive News & Ratings for Hartford Financial Services Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hartford Financial Services Group and related companies with MarketBeat.com's FREE daily email newsletter.