The Hanover Insurance Group (THG) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Hanover Insurance Group in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" THG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in THG, but not buy additional shares or sell existing shares.
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7 equities research analysts have issued twelve-month price objectives for The Hanover Insurance Group's shares. Their THG share price forecasts range from $130.00 to $170.00. On average, they anticipate the company's stock price to reach $150.71 in the next twelve months. This suggests a possible upside of 30.9% from the stock's current price.
View analysts price targets for THG or view top-rated stocks among Wall Street analysts.

The Hanover Insurance Group's stock was trading at $135.13 at the beginning of the year. Since then, THG stock has decreased by 14.8% and is now trading at $115.12.
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The Hanover Insurance Group saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 535,000 shares, a drop of 13.5% from the April 30th total of 618,400 shares. Based on an average trading volume of 185,700 shares, the days-to-cover ratio is currently 2.9 days. Approximately 1.5% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our THG earnings forecast.

The Hanover Insurance Group, Inc. (NYSE:THG) issued its quarterly earnings results on Tuesday, May, 2nd. The insurance provider reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.06. The insurance provider had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.47 billion. The Hanover Insurance Group had a negative net margin of 0.01% and a positive trailing twelve-month return on equity of 3.62%. During the same period last year, the business earned $3.26 EPS.

The Hanover Insurance Group announced a quarterly dividend on Monday, February 27th. Shareholders of record on Wednesday, March 15th will be paid a dividend of $0.81 per share on Friday, March 31st. This represents a $3.24 annualized dividend and a yield of 2.81%. The ex-dividend date is Tuesday, March 14th.
Read our dividend analysis for THG.

ETFs with the largest weight of The Hanover Insurance Group (NYSE:THG) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Opus Small Cap Value Plus ETF (OSCV), SPDR S&P Insurance ETF (KIE), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), Invesco S&P MidCap Low Volatility ETF (XMLV) and iShares U.S. Insurance ETF (IAK).

The Hanover Insurance Group (NYSE:THG) pays an annual dividend of $3.24 per share and currently has a dividend yield of 2.91%.
Read our dividend analysis for THG.

89 employees have rated The Hanover Insurance Group Chief Executive Officer John C. Roche on Glassdoor.com. John C. Roche has an approval rating of 96% among the company's employees. This puts John C. Roche in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other The Hanover Insurance Group investors own include Marathon Petroleum (MPC), Phillips 66 (PSX), Wells Fargo & Company (WFC), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), QUALCOMM (QCOM), Walgreens Boots Alliance (WBA), International Business Machines (IBM) and Johnson & Johnson (JNJ).

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

The Hanover Insurance Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.34%), Franklin Resources Inc. (3.72%), State Street Corp (3.18%), Allspring Global Investments Holdings LLC (3.01%), Victory Capital Management Inc. (2.81%) and American Century Companies Inc. (2.40%). Insiders that own company stock include Ann Kirkpatrick Tripp, Austin D Kim, Bryan J Salvatore, Jane D Carlin, Jeffrey M Farber, John C Roche, Mark Joseph Welzenbach, Richard W Lavey, Richard W Lavey and Warren E Barnes.
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Shares of THG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of THG stock can currently be purchased for approximately $115.12.

The Hanover Insurance Group (NYSE:THG) has a market capitalization of $4.11 billion and generates $5.47 billion in revenue each year. The insurance provider earns $116 million in net income (profit) each year or ($0.03) on an earnings per share basis.

The company employs 4,600 workers across the globe.

The Hanover Insurance Group's mailing address is 440 LINCOLN ST, WORCESTER MA, 01653. The official website for the company is www.hanover.com. The insurance provider can be reached via phone at (508) 855-1000, via email at olukasheva@hanover.com, or via fax at 508-855-8078.