earnings
confidence high
sentiment positive
materiality 0.85
Hartford Q3 net income jumps 93% to $645M; dividend raised 11%
HARTFORD INSURANCE GROUP, INC.
2023-Q3 EPS reported
$5.48
revenue$18,127,000,000
- Net income $645M ($2.09 diluted EPS) vs $334M ($1.02) YoY, +93%.
- Core earnings $708M ($2.29 EPS) vs $472M ($1.45) YoY, +50%.
- P&C written premiums rose 8%; Commercial Lines combined ratio 90.2.
- Returned $481M to shareholders: $350M buybacks, $131M dividends in Q3.
- Increased quarterly common dividend 11% to $0.47/share, payable Jan 3, 2024.