The Hanover Insurance Group (THG) Projected to Post Earnings on Wednesday

The Hanover Insurance Group (NYSE:THG - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 30th. Analysts expect The Hanover Insurance Group to post earnings of $3.10 per share and revenue of $1.60 billion for the quarter.

The Hanover Insurance Group (NYSE:THG - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The insurance provider reported $3.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.58 by $0.29. The Hanover Insurance Group had a return on equity of 18.23% and a net margin of 6.98%. The business had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.55 billion. During the same period in the previous year, the business posted $3.08 earnings per share. The firm's revenue for the quarter was up 3.4% compared to the same quarter last year. On average, analysts expect The Hanover Insurance Group to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

The Hanover Insurance Group Price Performance

Shares of The Hanover Insurance Group stock traded up $3.63 during trading on Friday, reaching $166.85. The company's stock had a trading volume of 249,912 shares, compared to its average volume of 248,008. The stock has a 50-day moving average price of $168.25 and a two-hundred day moving average price of $164.56. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.24. The Hanover Insurance Group has a one year low of $130.60 and a one year high of $178.68. The stock has a market capitalization of $5.99 billion, a P/E ratio of 13.89 and a beta of 0.44.

The Hanover Insurance Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were issued a $0.90 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.16%. The Hanover Insurance Group's dividend payout ratio is 29.98%.

Insider Activity

In other news, EVP Bryan J. Salvatore sold 10,526 shares of the business's stock in a transaction dated Wednesday, May 7th. The stock was sold at an average price of $166.60, for a total transaction of $1,753,631.60. Following the completion of the transaction, the executive vice president directly owned 25,864 shares in the company, valued at approximately $4,308,942.40. The trade was a 28.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.50% of the company's stock.

Hedge Funds Weigh In On The Hanover Insurance Group

Institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC grew its position in shares of The Hanover Insurance Group by 1,568.9% in the 1st quarter. NewEdge Advisors LLC now owns 751 shares of the insurance provider's stock valued at $131,000 after purchasing an additional 706 shares during the period. Millennium Management LLC grew its position in shares of The Hanover Insurance Group by 61.0% in the 1st quarter. Millennium Management LLC now owns 88,367 shares of the insurance provider's stock valued at $15,371,000 after purchasing an additional 33,495 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of The Hanover Insurance Group by 6.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 129,031 shares of the insurance provider's stock valued at $22,445,000 after purchasing an additional 7,712 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in shares of The Hanover Insurance Group by 21.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 218,753 shares of the insurance provider's stock valued at $38,052,000 after purchasing an additional 38,905 shares during the period. 86.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on THG. JMP Securities boosted their price objective on The Hanover Insurance Group from $175.00 to $185.00 and gave the stock a "market outperform" rating in a report on Thursday, May 1st. Piper Sandler boosted their price objective on The Hanover Insurance Group from $190.00 to $205.00 and gave the stock an "overweight" rating in a report on Tuesday, April 1st. Keefe, Bruyette & Woods raised The Hanover Insurance Group from a "market perform" rating to an "outperform" rating and set a $188.00 price objective for the company in a report on Wednesday, July 9th. Morgan Stanley boosted their price objective on The Hanover Insurance Group from $163.00 to $170.00 and gave the stock an "equal weight" rating in a report on Monday, May 19th. Finally, Wall Street Zen raised The Hanover Insurance Group from a "hold" rating to a "buy" rating in a report on Wednesday, April 30th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $181.38.

The Hanover Insurance Group Company Profile

The Hanover Insurance Group, Inc, through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, and other commercial lines coverage.