Log in
NYSE:THG

Hanover Insurance Group Stock Forecast, Price & News

$92.79
+2.20 (+2.43 %)
(As of 09/28/2020 12:00 AM ET)
Add
Compare
Today's Range
$91.93
Now: $92.79
$94.08
50-Day Range
$89.10
MA: $99.68
$107.36
52-Week Range
$75.11
Now: $92.79
$144.71
Volume215,702 shs
Average Volume275,166 shs
Market Capitalization$3.50 billion
P/E Ratio12.07
Dividend Yield2.87%
Beta0.85
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates in three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, umbrella, healthcare, mono-line general liability, and miscellaneous commercial property insurance products; and other commercial coverages, including inland marine, specialty program business, management and professional liability, surety, and specialty property. The Personal Lines segment provides personal automobile and homeowner's coverages, as well as other personal coverages, such as personal inland marine, umbrella, fire, personal watercraft, earthquake, and other miscellaneous coverages. The Other segment offers investment management and advisory services to institutions, pension funds, and other organizations. The company markets its products and services through independent agents and brokers. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
Read More
Hanover Insurance Group logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.36 out of 5 stars


Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP41086710
Phone508-855-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.89 billion
Cash Flow$9.01 per share
Book Value$74.03 per share

Profitability

Net Income$425.10 million

Miscellaneous

Employees4,300
Market Cap$3.50 billion
Next Earnings Date10/27/2020 (Confirmed)
OptionableOptionable
$92.79
+2.20 (+2.43 %)
(As of 09/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive THG News and Ratings via Email

Sign-up to receive the latest news and ratings for THG and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Hanover Insurance Group (NYSE:THG) Frequently Asked Questions

How has Hanover Insurance Group's stock price been impacted by COVID-19 (Coronavirus)?

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. Since then, THG shares have decreased by 12.5% and is now trading at $92.79.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Hanover Insurance Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanover Insurance Group in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Hanover Insurance Group
.

When is Hanover Insurance Group's next earnings date?

Hanover Insurance Group is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
View our earnings forecast for Hanover Insurance Group
.

How can I listen to Hanover Insurance Group's earnings call?

Hanover Insurance Group will be holding an earnings conference call on Tuesday, October 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Hanover Insurance Group's earnings last quarter?

Hanover Insurance Group Inc (NYSE:THG) released its quarterly earnings data on Tuesday, July, 28th. The insurance provider reported $1.63 EPS for the quarter, beating the Thomson Reuters' 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 was down 5.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.88 earnings per share.
View Hanover Insurance Group's earnings history
.

How often does Hanover Insurance Group pay dividends? What is the dividend yield for Hanover Insurance Group?

Hanover Insurance Group declared a quarterly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be paid a dividend of $0.65 per share on Friday, September 25th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date is Thursday, September 10th.
View Hanover Insurance Group's dividend history
.

How will Hanover Insurance Group's stock buyback program work?

Hanover Insurance Group announced that its Board of Directors has initiated a stock buyback program on Thursday, June 27th 2019, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 3% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

What price target have analysts set for THG?

4 brokerages have issued 12-month price targets for Hanover Insurance Group's stock. Their forecasts range from $114.00 to $145.00. On average, they anticipate Hanover Insurance Group's stock price to reach $129.00 in the next twelve months. This suggests a possible upside of 39.0% from the stock's current price.
View analysts' price targets for Hanover Insurance Group
.

Are investors shorting Hanover Insurance Group?

Hanover Insurance Group saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 325,800 shares, a decline of 11.3% from the August 31st total of 367,300 shares. Based on an average trading volume of 256,000 shares, the short-interest ratio is presently 1.3 days. Currently, 0.9% of the company's stock are short sold.
View Hanover Insurance Group's Short Interest
.

Who are some of Hanover Insurance Group's key competitors?

What other stocks do shareholders of Hanover Insurance Group own?

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 & Company (WFC), Exxon Mobil (XOM), Cisco Systems (CSCO), Gilead Sciences (GILD), IBM (IBM) and Phillips 66 (PSX).

Who are Hanover Insurance Group's key executives?

Hanover Insurance Group's management team includes the following people:
  • Mr. John Conner Roche, Pres, CEO & Director (Age 55)
  • Mr. Jeffrey Mark Farber, Exec. VP & CFO (Age 54)
  • Mr. J. Kendall Huber, Exec. VP, Gen. Counsel & Assistant Sec. (Age 64)
  • Mr. Richard William Lavey, Exec. VP & Pres of Hanover Agency Markets (Age 51)
  • Mr. Bryan James Salvatore, Exec. VP & Pres of Specialty (Age 54)

What is Hanover Insurance Group's stock symbol?

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

How do I buy shares of 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.

What is Hanover Insurance Group's stock price today?

One share of THG stock can currently be purchased for approximately $92.79.

How big of a company is Hanover Insurance Group?

Hanover Insurance Group has a market capitalization of $3.50 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.

What is Hanover Insurance Group's official website?

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

How can I contact Hanover Insurance Group?

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]

This page was last updated on 9/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.