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

$134.58
+3.68 (+2.81%)
(As of 07/26/2024 ET)
Today's Range
$131.11
$134.79
50-Day Range
$120.89
$137.59
52-Week Range
$103.82
$138.30
Volume
247,145 shs
Average Volume
173,434 shs
Market Capitalization
$4.84 billion
P/E Ratio
30.17
Dividend Yield
2.53%
Price Target
$146.00

The Hanover Insurance Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
8.5% Upside
$146.00 Price Target
Short Interest
Healthy
1.40% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.35mentions of The Hanover Insurance Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$283,928 Sold Last Quarter
Proj. Earnings Growth
24.67%
From $10.74 to $13.39 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.49 out of 5 stars

Finance Sector

371st out of 898 stocks

Fire, Marine, & Casualty Insurance Industry

28th out of 54 stocks

THG stock logo

About The Hanover Insurance Group Stock (NYSE:THG)

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. The Specialty segment provides professional and executive Lines, marine, and surety and other, as well as specialty property and casualty, such as program business, specialty industrial business, excess and surplus business, and specialty general liability coverage. The Personal Lines segment offers personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment advisory services to institutions, insurance companies, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.

THG Stock Price History

THG Stock News Headlines

The Hanover Publishes Second Sustainability Report
Brace Yourself: Experts calling for Bitcoin to hit $100k
For the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.
The Hanover Insurance Group (THG) Set to Post Earnings on Wednesday
Hanover Insurance (THG) Receives a Hold from KBW
Brace Yourself: Experts calling for Bitcoin to hit $100k
For the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.
The Hanover Insurance Group Inc
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 6/28 Dividend
6/13/2024
Dividend Payable
6/28/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
CUSIP
41086710
Employees
4,800
Year Founded
1852

Price Target and Rating

Average Stock Price Target
$146.00
High Stock Price Target
$165.00
Low Stock Price Target
$126.00
Potential Upside/Downside
+8.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$35.30 million
Pretax Margin
3.34%

Debt

Sales & Book Value

Annual Sales
$5.99 billion
Cash Flow
$2.02 per share
Book Value
$68.94 per share

Miscellaneous

Free Float
35,080,000
Market Cap
$4.83 billion
Optionable
Optionable
Beta
0.68

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Key Executives

  • Mr. John Conner Roche (Age 60)
    President, CEO & Director
    Comp: $3.12M
  • Mr. Jeffrey Mark FarberMr. Jeffrey Mark Farber (Age 59)
    Executive VP & CFO
    Comp: $1.75M
  • Mr. Dennis Francis Kerrigan Jr. (Age 59)
    Executive VP, Assistant Secretary & Chief Legal Officer
    Comp: $1.04M
  • Mr. Richard William Lavey (Age 56)
    Executive VP & President of Hanover Agency Markets
    Comp: $1.42M
  • Mr. Bryan James SalvatoreMr. Bryan James Salvatore (Age 59)
    Executive VP & President of Specialty
    Comp: $1.37M
  • Ms. Lindsay France Greenfield
    Senior VP & Chief investment Officer
  • Mr. Warren Ellison Barnes (Age 62)
    Senior VP, Corporate Controller & Principal Accounting Officer
  • Ms. Oksana Lukasheva
    Senior Vice President of Corporate Finance
  • Ms. Mina S. Rona
    President of Technology & Life Sciences
  • Mr. Willard Ty-Lunn Lee (Age 54)
    Executive VP, Chief Information & Innovation Officer

THG Stock Analysis - Frequently Asked Questions

How have THG shares performed this year?

The Hanover Insurance Group's stock was trading at $121.42 at the beginning of the year. Since then, THG shares have increased by 10.8% and is now trading at $134.58.
View the best growth stocks for 2024 here
.

How were The Hanover Insurance Group's earnings last quarter?

The Hanover Insurance Group, Inc. (NYSE:THG) released its earnings results on Wednesday, May, 1st. The insurance provider reported $3.13 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.47. The insurance provider had revenue of $1.55 billion for the quarter, compared to analysts' expectations of $1.56 billion. The Hanover Insurance Group had a trailing twelve-month return on equity of 7.00% and a net margin of 2.67%.

What is John C. Roche's approval rating as The Hanover Insurance Group's CEO?

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.

Does The Hanover Insurance Group have any subsidiaries?

The following companies are subsidiaries of The Hanover Insurance Group: Verlan Holdings Inc., Chaucer Holdings plc, Campania Holding Company Inc., AIX Holdings Inc., Professionals Direct Inc., 440 Lincoln Street Holding Company LLC, AIXHI LLC, and others.

Who are The Hanover Insurance Group's major shareholders?

Top institutional investors of The Hanover Insurance Group include Allspring Global Investments Holdings LLC (2.76%), Boston Trust Walden Corp (1.02%), Bank of New York Mellon Corp (1.00%) and Leeward Investments LLC MA (0.43%). Insiders that own company stock include John C Roche, Mark Joseph Welzenbach, Bryan J Salvatore, Willard T Lee, Warren E Barnes, Richard W Lavey, Jane D Carlin and Jeffrey M Farber.
View institutional ownership trends
.

How do I buy shares of The Hanover Insurance Group?

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

What other stocks do shareholders of The Hanover Insurance Group own?

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

This page (NYSE:THG) was last updated on 7/26/2024 by MarketBeat.com Staff

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