Definitive Analysis
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

The Hartford Financial Services Group, Inc. (0J3H.L)

Company Dividend Discount ModelIndustry: Insurance - Property & CasualtySector: Financial Services

Valuation Snapshot

Stable Growth$149.43 - $250.53$193.80
Multi-Stage$169.60 - $185.81$177.55
Blended Fair Value$185.68
Current Price$132.64
Upside39.99%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.14%7.02%1.921.821.821.751.651.571.311.181.151.09
YoY Growth--5.30%0.19%4.15%5.86%5.29%19.79%11.14%2.10%5.70%12.06%
Dividend Yield--1.56%1.78%2.62%2.38%2.50%4.87%2.65%2.28%2.55%2.42%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,558.00
(-) Cash Dividends Paid (M)588.00
(=) Cash Retained (M)2,970.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)711.60444.75266.85
Cash Retained (M)2,970.002,970.002,970.00
(-) Cash Required (M)-711.60-444.75-266.85
(=) Excess Retained (M)2,258.402,525.252,703.15
(/) Shares Outstanding (M)289.43289.43289.43
(=) Excess Retained per Share7.808.739.34
LTM Dividend per Share2.032.032.03
(+) Excess Retained per Share7.808.739.34
(=) Adjusted Dividend9.8310.7611.37
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate2.36%3.36%4.36%
Fair Value$149.43$193.80$250.53
Upside / Downside12.66%46.11%88.88%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,558.003,677.593,801.193,928.954,061.014,197.504,323.43
Payout Ratio16.53%31.22%45.92%60.61%75.31%90.00%92.50%
Projected Dividends (M)588.001,148.181,745.342,381.363,058.153,777.753,999.17

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate2.36%3.36%4.36%
Year 1 PV (M)1,042.241,052.431,062.61
Year 2 PV (M)1,438.151,466.381,494.89
Year 3 PV (M)1,781.181,833.891,887.64
Year 4 PV (M)2,076.362,158.702,243.46
Year 5 PV (M)2,328.302,444.272,564.82
PV of Terminal Value (M)40,419.2042,432.5044,525.24
Equity Value (M)49,085.4451,388.1853,778.66
Shares Outstanding (M)289.43289.43289.43
Fair Value$169.60$177.55$185.81
Upside / Downside27.86%33.86%40.09%

High-Yield Dividend Screener

« Prev Page 8 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ACICAmerican Coastal Insurance Corporation4.24%$0.4828.28%
NCDLNuveen Churchill Direct Lending Corp.4.24%$0.5730.88%
ESEversource Energy4.23%$2.8879.84%
ISBCInvestors Bancorp, Inc.4.21%$0.5844.24%
KMIKinder Morgan, Inc.4.21%$1.1795.05%
PWODPenns Woods Bancorp, Inc.4.17%$1.2545.44%
DDSDillard's, Inc.4.16%$26.5071.17%
RLIRLI Corp.4.16%$2.6067.96%
TFCTruist Financial Corporation4.16%$2.0753.19%
RMBIRichmond Mutual Bancorporation, Inc.4.15%$0.5854.33%
PRPermian Resources Corporation4.14%$0.6052.90%
RILYTB. Riley Financial, Inc. 6.00% Senior Notes Due 20284.13%$0.5856.91%
DGICADonegal Group Inc.4.12%$0.8028.85%
AUBNAuburn National Bancorporation, Inc.4.11%$1.0876.62%
FHBFirst Hawaiian, Inc.4.11%$1.0650.97%
PORPortland General Electric Company4.09%$1.9872.28%
NEWTLNewtek Business Services Corp.4.08%$1.0244.14%
NEWTGNewtekOne, Inc. 8.50% Fixed Rate Senior Notes due 20294.06%$1.0244.14%
NEWTZNewtek Business Services Corp. 5.50% Notes Due 20264.05%$1.0244.14%
LKQLKQ Corporation4.04%$1.2144.76%
NWENorthwestern Energy Group Inc4.04%$2.6274.07%
PXDPioneer Natural Resources Company4.00%$10.8054.25%
HAFCHanmi Financial Corporation3.99%$1.0744.22%
KSSKohl's Corporation3.99%$0.8550.52%
APAAPA Corporation3.98%$1.0124.12%
NWNNorthwest Natural Holding Company3.98%$1.8676.25%
HFWAHeritage Financial Corporation3.97%$0.9456.54%
WSBCWesBanco, Inc.3.97%$1.3265.39%
FULTFulton Financial Corporation3.96%$0.7739.22%
REYNReynolds Consumer Products Inc.3.96%$0.9163.16%
MSMMSC Industrial Direct Co., Inc.3.95%$3.3995.14%
RF-PFRegions Financial Corporation3.95%$1.0141.98%
NEWTINewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 20283.94%$0.9942.24%
BOHBank of Hawaii Corporation3.93%$2.6958.42%
DCOMDime Community Bancshares, Inc.3.93%$1.1786.59%
OGEOGE Energy Corp.3.93%$1.6967.72%
ASIEXMultisector Income Fund - Investor Class3.92%$0.3596.64%
ESSEssex Property Trust, Inc.3.90%$10.0376.31%
WABCWestamerica Bancorporation3.90%$1.8639.32%
NJRNew Jersey Resources Corporation3.88%$1.7853.65%
XHRXenia Hotels & Resorts, Inc.3.88%$0.5693.99%
ARTNAArtesian Resources Corporation3.87%$1.2255.68%
FFBCFirst Financial Bancorp.3.87%$0.9738.17%
PNWPinnacle West Capital Corporation3.87%$3.4169.92%
UEUrban Edge Properties3.87%$0.7482.23%
NECBNortheast Community Bancorp, Inc.3.86%$0.8827.20%
SCSCXTouchstone Large Cap Focused Fund Class C3.86%$2.8037.43%
BBWIBath & Body Works, Inc.3.85%$0.8024.18%
BHBBar Harbor Bankshares3.85%$1.2054.11%
UGIUGI Corporation3.85%$1.4547.35%