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

Company Overview

The Hanover Insurance Group, Inc. (NYSE: THG) is a property and casualty insurance company that provides a range of commercial and personal insurance products. Through its subsidiary companies, Hanover offers coverage for businesses of all sizes, including workers’ compensation, general liability, commercial auto, and professional liability. On the personal lines side, the company underwrites homeowners, personal auto, flood, and umbrella policies designed to meet the needs of individuals and families.

In addition to its core commercial and personal insurance offerings, Hanover maintains a specialty arm that focuses on niche markets through tailored product solutions. This specialty segment provides coverage for healthcare providers, surety bonds, nonprofit organizations, and other industry-specific exposures. The company also participates in reinsurance operations and partners with third‐party administrators to deliver customized risk management services.

Founded in 1852 and headquartered in Worcester, Massachusetts, Hanover has grown into a national insurer with operations spanning the United States and select international markets. The company employs a network of regional offices and independent agents to distribute its products, emphasizing local expertise and customer service. Over its long history, Hanover has adapted to changing market needs by expanding its product portfolio and investing in technology platforms to streamline policy administration and claims processing.

Leadership at Hanover is headed by John J. Roche, who serves as President and Chief Executive Officer. Under his direction, the company has focused on disciplined underwriting, balanced growth, and the development of digital initiatives to enhance customer engagement. Hanover’s board of directors and senior management team bring experience in insurance, finance, and risk management, positioning the firm to navigate evolving industry challenges and pursue strategic opportunities.

Key Stats

• Today's Range: $180.13 to $182.25
• 50-Day Range: $163.22 to $182.53
• 52-Week Range: $142.48 to $183.39
• Volume: 147,334 shs
• Average Volume: 244,997 shs
• Market Capitalization: $6.50 billion
• P/E Ratio: 11.96
• Dividend Yield: 1.98%
• Price Target: $185.13
• Consensus Rating: Moderate Buy

The Hanover Insurance Group Stock Analysis - MarketRank™

The Hanover Insurance Group scored higher than 70% of companies evaluated by MarketBeat, and ranked 504th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

The Hanover Insurance Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for The Hanover Insurance Group is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

The Hanover Insurance Group has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.60%

Earnings Growth

Earnings for The Hanover Insurance Group are expected to grow by 9.60% in the coming year, from $14.37 to $15.75 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of The Hanover Insurance Group is 11.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 281.83.

Price to Earnings Ratio vs. Sector

The P/E ratio of The Hanover Insurance Group is 11.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 245.23.

Price to Book Value per Share Ratio

The Hanover Insurance Group has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.69% of the float of The Hanover Insurance Group has been sold short.

Short Interest Ratio / Days to Cover

The Hanover Insurance Group has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in The Hanover Insurance Group has recently increased by 9.39%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

The Hanover Insurance Group pays a meaningful dividend of 1.98%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

The Hanover Insurance Group has been increasing its dividend for 20 years.

Dividend Coverage

The dividend payout ratio of The Hanover Insurance Group is 23.70%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, The Hanover Insurance Group will have a dividend payout ratio of 22.86% next year. This indicates that The Hanover Insurance Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.69% of the float of The Hanover Insurance Group has been sold short.

Short Interest Ratio / Days to Cover

The Hanover Insurance Group has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in The Hanover Insurance Group has recently increased by 9.39%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.62

News Sentiment

The Hanover Insurance Group has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for The Hanover Insurance Group this week, compared to 9 articles on an average week.

Search Interest

Only 2 people have searched for THG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

3 people have added The Hanover Insurance Group to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, The Hanover Insurance Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.50% of the stock of The Hanover Insurance Group is held by insiders.

Percentage Held by Institutions

86.61% of the stock of The Hanover Insurance Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

THG Stock Analysis - Frequently Asked Questions

How have THG shares performed this year?

The Hanover Insurance Group's stock was trading at $154.66 at the beginning of 2025. Since then, THG shares have increased by 17.5% and is now trading at $181.7320.

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

The Hanover Insurance Group, Inc. (NYSE:THG) released its quarterly earnings data on Wednesday, July, 30th. The insurance provider reported $4.35 EPS for the quarter, beating the consensus estimate of $3.07 by $1.28. The Hanover Insurance Group's revenue for the quarter was up 3.1% on a year-over-year basis.
Read the conference call transcript.

Does The Hanover Insurance Group have any subsidiaries?

The Hanover Insurance Group subsidiaries include 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 more.

Who are The Hanover Insurance Group's major shareholders?

Top institutional shareholders of The Hanover Insurance Group include GAMMA Investing LLC. Insiders that own company stock include John C Roche, Jeffrey M Farber, Richard W Lavey, Bryan J Salvatore, Mark Joseph Welzenbach, Willard T Lee, Warren E Barnes, Kathy S Lane and Jane D Carlin.
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.

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 NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM), Visa (V) and Broadcom (AVGO).

Company Calendar

• Last Earnings: 7/30/2025
• Record date for 9/26 Dividend: 9/12/2025
• Ex-Dividend for 9/26 Dividend: 9/12/2025
• Dividend Payable: 9/26/2025
• Today: 10/02/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: INS - PROP&CASLTY
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NYSE:THG
• CIK: 944695
• Web: www.hanover.com
• Phone: (508) 855-1000
• Fax: 508-855-8078
• Employees: 4,900
• Year Founded: 1852

Price Target and Rating

• Average Price Target for The Hanover Insurance Group: $185.13
• High Price Target: $205.00
• Low Price Target: $170.00
• Potential Upside/Downside: +1.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $15.19
• Trailing P/E Ratio: 11.96
• Forward P/E Ratio: 12.65
• P/E Growth: N/A
• Net Income: $426 million
• Net Margins: 8.67%
• Pretax Margin: 10.93%
• Return on Equity: 20.24%
• Return on Assets: 3.92%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 0.37
• Quick Ratio: 0.37

Sales & Book Value

• Annual Sales: $6.24 billion
• Price / Sales: 1.04
• Cash Flow: $13.73 per share
• Price / Cash Flow: 13.24
• Book Value: $78.87 per share
• Price / Book: 2.30

Miscellaneous

• Outstanding Shares: 35,770,000
• Free Float: 34,876,000
• Market Cap: $6.50 billion
• Optionable: Optionable
• Beta: 0.44