The Hanover Insurance Group Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Hanover Insurance Group in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" The Hanover Insurance Group stock.
View analyst ratings for The Hanover Insurance Group or view top-rated stocks.

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The Hanover Insurance Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for The Hanover Insurance Group.

The Hanover Insurance Group, Inc. (NYSE:THG) issued its quarterly earnings data on Thursday, April, 29th. The insurance provider reported $1.66 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.75 by $0.91. The insurance provider earned $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. The Hanover Insurance Group had a trailing twelve-month return on equity of 10.59% and a net margin of 9.72%.
View The Hanover Insurance Group's earnings history.

The Hanover Insurance Group's stock was trading at $106.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, THG shares have increased by 22.3% and is now trading at $129.64.
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The Hanover Insurance Group declared a quarterly dividend on Tuesday, June 1st. Investors of record on Friday, June 11th will be paid a dividend of $0.70 per share on Friday, June 25th. This represents a $2.80 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend is Thursday, June 10th.
View The Hanover Insurance Group's dividend history.

The Hanover Insurance Group pays an annual dividend of $2.80 per share and currently has a dividend yield of 2.05%. The Hanover Insurance Group has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of The Hanover Insurance Group is 30.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Hanover Insurance Group will have a dividend payout ratio of 27.59% next year. This indicates that The Hanover Insurance Group will be able to sustain or increase its dividend.
View The Hanover Insurance Group's dividend history.

The Hanover Insurance Group announced that its Board of Directors has approved a share repurchase plan on Thursday, June 27th 2019, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 3% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

5 brokerages have issued 1-year price targets for The Hanover Insurance Group's shares. Their forecasts range from $117.00 to $166.00. On average, they expect The Hanover Insurance Group's stock price to reach $140.60 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price.
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89 employees have rated The Hanover Insurance Group CEO John C. Roche on Glassdoor.com. John C. Roche has an approval rating of 96% among The Hanover Insurance Group's employees. This puts John C. Roche in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to The Hanover Insurance Group include The Progressive (PGR), The Allstate (ALL), The Travelers Companies (TRV), Cincinnati Financial (CINF), Markel (MKL), Arch Capital Group (ACGL), W. R. Berkley (WRB), Fidelity National Financial (FNF), CNA Financial (CNA), Erie Indemnity (ERIE), Old Republic International (ORI), First American Financial (FAF), RLI (RLI), Selective Insurance Group (SIGI) and AXIS Capital (AXS).
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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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.34%), Franklin Resources Inc. (4.08%), Price T Rowe Associates Inc. MD (3.18%), Alliancebernstein L.P. (2.64%), Massachusetts Financial Services Co. MA (2.66%) and Bank of New York Mellon Corp (2.15%). Company insiders that own The Hanover Insurance Group stock include Ann Kirkpatrick Tripp, Bryan J Salvatore, J Kendall Huber, Mark Joseph Welzenbach and Warren E Barnes.
View institutional ownership trends for The Hanover Insurance Group.

THG stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Victory Capital Management Inc., Millennium Management LLC, Prospector Partners LLC, Thrivent Financial for Lutherans, Citadel Advisors LLC, Ceredex Value Advisors LLC, and William Blair Investment Management LLC. Company insiders that have sold The 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 The Hanover Insurance Group or view top insider-selling stocks.

THG stock was acquired by a variety of institutional investors in the last quarter, including London Co. of Virginia, Franklin Resources Inc., NFJ Investment Group LLC, Wedge Capital Management L L P NC, BlackRock Inc., LSV Asset Management, Geode Capital Management LLC, and Principal Financial Group Inc..
View insider buying and selling activity for The Hanover Insurance Group or or view top insider-buying stocks.

Shares of THG 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 $129.64.

The Hanover Insurance Group has a market capitalization of $4.65 billion and generates $4.83 billion in revenue each year. The insurance provider earns $358.70 million in net income (profit) each year or $9.32 on an earnings per share basis.

The Hanover Insurance Group employs 4,300 workers across the globe.

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

The Hanover Insurance Group is headquartered at 440 LINCOLN ST, WORCESTER MA, 01653.

The 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]