NYSE:THGHanover Insurance Group Stock Price, Forecast & News

Hanover Insurance Group's stock was trading at $106.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, THG shares have increased by 1.0% and is now trading at $107.12.
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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanover Insurance Group in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Hanover Insurance Group.

Hanover Insurance Group is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Hanover Insurance Group.

Hanover Insurance Group Inc (NYSE:THG) posted its quarterly earnings results on Tuesday, July, 28th. The insurance provider reported $1.63 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.50 by $0.13. The insurance provider had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.13 billion. Hanover Insurance Group had a return on equity of 10.93% and a net margin of 6.39%. Hanover Insurance Group's revenue for the quarter was down 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.88 earnings per share.
View Hanover Insurance Group's earnings history.

Hanover Insurance Group announced a quarterly dividend on Friday, May 29th. Investors of record on Friday, June 12th will be given a dividend of $0.65 per share on Friday, June 26th. This represents a $2.60 annualized dividend and a yield of 2.43%. The ex-dividend date is Thursday, June 11th.
View Hanover Insurance Group's dividend history.

Hanover Insurance Group declared that its board has authorized a stock buyback program on Thursday, June 27th 2019, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its stock is undervalued.

3 brokerages have issued 12 month target prices for Hanover Insurance Group's stock. Their forecasts range from $114.00 to $145.00. On average, they anticipate Hanover Insurance Group's share price to reach $133.00 in the next year. This suggests a possible upside of 24.2% from the stock's current price.
View analysts' price targets for Hanover Insurance Group.

Media stories about THG stock have trended negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hanover Insurance Group earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media coverage about the insurance provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.
View the latest news about Hanover Insurance Group.

Hanover Insurance Group saw a decline in short interest during the month of February. As of February 15th, there was short interest totaling 530,000 shares, a decline of 11.4% from the January 31st total of 597,900 shares. Based on an average daily volume of 239,400 shares, the short-interest ratio is presently 2.2 days. Currently, 1.4% of the shares of the company are sold short.
View Hanover Insurance Group's Short Interest.

Some companies that are related to Hanover Insurance Group include Berkshire Hathaway (BRK.B), Progressive (PGR), Travelers Companies (TRV), Allstate (ALL), Markel (MKL), Cincinnati Financial (CINF), Arch Capital Group (ACGL), W. R. Berkley (WRB), Fidelity National Financial (FNF), Erie Indemnity (ERIE), Cna Financial (CNA), First American Financial (FAF), Old Republic International (ORI), RLI (RLI) and Axis Capital (AXS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Hanover Insurance Group investors own include Marathon Petroleum (MPC), AbbVie (ABBV), Pfizer (PFE), QUALCOMM (QCOM), Wells Fargo & Co (WFC), Exxon Mobil (XOM), Phillips 66 (PSX), Cisco Systems (CSCO), Gilead Sciences (GILD) and IBM (IBM).

Hanover Insurance Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "THG."

Hanover Insurance Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Macquarie Group Ltd. (2.49%), First Trust Advisors LP (1.36%), Victory Capital Management Inc. (1.19%), Principal Financial Group Inc. (0.97%), Fenimore Asset Management Inc. (0.74%) and Ceredex Value Advisors LLC (0.60%). Company insiders that own Hanover Insurance Group stock include Ann Kirkpatrick Tripp, Bryan J Salvatore, J Kendall Huber, Mark Joseph Welzenbach, Richard W Lavey and Warren E Barnes.
View institutional ownership trends for Hanover Insurance Group.

THG stock was sold by a variety of institutional investors in the last quarter, including Comerica Bank, Pzena Investment Management LLC, WINTON GROUP Ltd, Natixis Advisors L.P., DekaBank Deutsche Girozentrale, Hancock Whitney Corp, New York State Common Retirement Fund, and Hennessy Advisors Inc.. Company insiders that have sold Hanover Insurance Group company stock in the last year include Ann Kirkpatrick Tripp, Bryan J Salvatore, Mark Joseph Welzenbach, and Warren E Barnes.
View insider buying and selling activity for Hanover Insurance Group.

THG stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Macquarie Group Ltd., Principal Financial Group Inc., Victory Capital Management Inc., First Trust Advisors LP, and Fenimore Asset Management Inc..
View insider buying and selling activity for Hanover Insurance Group.

Shares of THG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of THG stock can currently be purchased for approximately $107.12.

Hanover Insurance Group has a market capitalization of $4.04 billion and generates $4.89 billion in revenue each year. The insurance provider earns $425.10 million in net income (profit) each year or $8.16 on an earnings per share basis. Hanover Insurance Group employs 4,300 workers across the globe.

The official website for Hanover Insurance Group is www.hanover.com.

Hanover Insurance Group's mailing address is 440 LINCOLN ST, WORCESTER MA, 01653. The insurance provider can be reached via phone at 508-855-1000 or via email at [email protected]