The Hartford authorized a new $4.2 bln share repurchase program effective Aug. 2026 through 2028
Company says competitive market environment continues to pressure new business growth in Personal Insurance
The Hartford says it is investing in technology, data, AI and risk insights to strengthen its position
Overview
US property & casualty insurer's Q2 core EPS and adjusted net income beat analyst expectations
Net income for Q2 rose 31% yr/yr, driven by higher premiums and investment income
Company authorized new $4.2 bln share repurchase program, up 27% from prior authorization
Key details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Core EPS
Beat
$3.42
$3.22 (12 Analysts)
Q2 EPS
$4.68
Q2 Adjusted Core Earnings
Beat
$945 mln
$898.83 mln (8 Analysts)
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 14 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the multiline insurance & brokers peer group is "buy"
Wall Street's median 12-month price target for Hartford Insurance Group Inc is $146.00, about 3.7% above its July 22 closing price of $140.84
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