The Hanover Insurance Group Stock Forecast, Price & News

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 (WHO). Since then, THG shares have decreased by 6.9% and is now trading at $98.67.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The 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 The Hanover Insurance Group.

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

The 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.

The Hanover Insurance Group, Inc. (NYSE:THG) announced its earnings results on Tuesday, July, 28th. The insurance provider reported $1.63 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.13. The insurance provider had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.13 billion. The Hanover Insurance Group had a return on equity of 10.93% and a net margin of 6.39%. The firm's revenue for the quarter was down 5.0% compared to the same quarter last year. During the same period last year, the firm posted $1.88 earnings per share.
View The Hanover Insurance Group's earnings history.

The Hanover Insurance Group announced a quarterly dividend on Tuesday, September 1st. Shareholders of record on Friday, September 11th will be given 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 2.64%. The ex-dividend date of this dividend is Thursday, September 10th.
View The Hanover Insurance Group's dividend history.

The Hanover Insurance Group announced that its board has authorized a share repurchase program on Thursday, June 27th 2019, which permits the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

4 brokerages have issued 12-month price objectives for The Hanover Insurance Group's shares. Their forecasts range from $114.00 to $145.00. On average, they expect The Hanover Insurance Group's stock price to reach $129.00 in the next year. This suggests a possible upside of 30.7% from the stock's current price.
View analysts' price targets for The Hanover Insurance Group.

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

Some companies that are related to The Hanover Insurance Group include Berkshire Hathaway (BRK.B), Progressive (PGR), Travelers Companies (TRV), The Allstate (ALL), Markel (MKL), Cincinnati Financial (CINF), Arch Capital Group (ACGL), W. R. Berkley (WRB), Erie Indemnity (ERIE), Fidelity National Financial (FNF), CNA Financial (CNA), First American Financial (FAF), Old Republic International (ORI), RLI (RLI) 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 investors include Fenimore Asset Management Inc. (0.86%), Peregrine Capital Management LLC (0.18%), Hennessy Advisors Inc. (0.18%), Retirement Systems of Alabama (0.13%), Dividend Assets Capital LLC (0.10%) and Highland Capital Management LLC (0.09%). Company insiders that own The Hanover Insurance Group stock include Ann Kirkpatrick Tripp, Bryan J Salvatore, J Kendall Huber, Mark Joseph Welzenbach, Richard W Lavey 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 Assenagon Asset Management S.A., Hennessy Advisors Inc., Nisa Investment Advisors LLC, Foster & Motley Inc., Highland Capital Management LLC, Crossmark Global Holdings Inc., Regentatlantic Capital LLC, and Retirement Systems of Alabama. 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.

THG stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Fenimore Asset Management Inc., Pacer Advisors Inc., Campbell & CO Investment Adviser LLC, Gradient Investments LLC, Dividend Assets Capital LLC, Envestnet Asset Management Inc., and Uncommon Cents Investing LLC.
View insider buying and selling activity for The 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.

One share of THG stock can currently be purchased for approximately $98.67.

The Hanover Insurance Group has a market capitalization of $3.72 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. 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'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]