12 Best Cheap Stocks to Buy Right Now

7. The Hartford Insurance Group, Inc. (NYSE:HIG)

Upside: 10.32%

Forward P/E: 10.04x

Number of Hedge Fund Holders: 49

The Hartford Insurance Group, Inc. (NYSE:HIG) is one of the Best Cheap Stocks to Buy Right Now.

Hartford Insurance released its Q4-2025 results on January 30, which showed the company beating analyst consensus by posting a fourth-quarter EPS of $4.06 (vs. $3.22 consensus street estimates). The beat was driven by 6.3% YoY Q4 revenue growth (from $6.9 billion to $7.3 billion), as well as an improvement in the company’s expense ratio, which allowed Hartford to deliver $3.8 billion in core earnings, with a return on equity of 19.4%.

As a result of this earnings beat, Roth Capital, on January 30, increased its target price on Hartford Insurance by 12.5%, from $120 up to $135. The firm cited lower catastrophe losses and higher investment yields as key factors in their decision.

Wells Fargo, on February 1, also raised its target price slightly, from $153 up to $156 (+2.0%) and kept an “Overweight” rating on Hartford, citing the earnings beat as well as the improvement in the company’s expense ratios.

On target prices, CNN’s data shows that 14 out of 27 analysts (~52%) covering HIG have a “Buy” rating on the company. The median target price is $149 (with a high of $165), implying an upside of 10.32% (22.17% if using the highest estimate).

The Hartford Insurance Group, Inc. (NYSE:HIG) is an insurance and financial services company operating mainly in the following segments: Commercial Lines (workers’ compensation, property, vehicle, etc. insurance), Group Benefits (life, accident, disability, and retirement insurance), and Hartford Funds (retail investment services). The company was started by Terry Nathaniel on May 10, 1810, and is based in Hartford, CT.