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NYSE:THG - Hanover Insurance Group Stock Price, Forecast & News

$137.51
-0.12 (-0.09 %)
(As of 02/20/2020 06:12 AM ET)
Today's Range
$137.05
Now: $137.51
$138.33
50-Day Range
$136.20
MA: $137.93
$140.54
52-Week Range
$113.08
Now: $137.51
$144.71
Volume227,510 shs
Average Volume210,309 shs
Market Capitalization$5.42 billion
P/E Ratio13.12
Dividend Yield1.89%
Beta0.52
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. Read More…

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$7.70 per share
Book Value$74.03 per share

Profitability

Net Income$425.10 million

Miscellaneous

Employees4,200
Market Cap$5.42 billion
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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Hanover Insurance Group (NYSE:THG) Frequently Asked Questions

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

Hanover Insurance Group declared a quarterly dividend on Thursday, December 5th. Stockholders of record on Monday, December 16th will be given a dividend of $0.65 per share on Friday, December 27th. This represents a $2.60 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Hanover Insurance Group's previous quarterly dividend of $0.41. View Hanover Insurance Group's Dividend History.

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

Hanover Insurance Group declared that its board has initiated a share repurchase plan on Thursday, June 27th 2019, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 3% of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its shares are undervalued.

How were Hanover Insurance Group's earnings last quarter?

Hanover Insurance Group Inc (NYSE:THG) announced its earnings results on Tuesday, February, 4th. The insurance provider reported $2.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.93 by $0.08. The insurance provider earned $1.22 billion during the quarter, compared to analysts' expectations of $1.21 billion. Hanover Insurance Group had a return on equity of 11.17% and a net margin of 8.69%. During the same quarter last year, the business posted $1.51 earnings per share. View Hanover Insurance Group's Earnings History.

When is Hanover Insurance Group's next earnings date?

Hanover Insurance Group is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Hanover Insurance Group.

What price target have analysts set for THG?

2 brokers have issued twelve-month target prices for Hanover Insurance Group's stock. Their forecasts range from $118.71 to $145.00. On average, they anticipate Hanover Insurance Group's share price to reach $131.86 in the next twelve months. This suggests that the stock has a possible downside of 4.1%. View Analyst Price Targets for Hanover Insurance Group.

What is the consensus analysts' recommendation for Hanover Insurance Group?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanover Insurance Group in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Hanover Insurance Group.

Has Hanover Insurance Group been receiving favorable news coverage?

Media stories about THG stock have trended extremely negative recently, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hanover Insurance Group earned a daily sentiment score of -4.6 on InfoTrie's scale. They also gave news coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Hanover Insurance Group.

Are investors shorting Hanover Insurance Group?

Hanover Insurance Group saw a drop in short interest in January. As of January 31st, there was short interest totalling 693,300 shares, a drop of 11.8% from the January 15th total of 786,400 shares. Based on an average trading volume of 253,800 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.8% of the shares of the stock are sold short. View Hanover Insurance Group's Current Options Chain.

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), Wells Fargo & Co (WFC), QUALCOMM (QCOM), Pfizer (PFE), Weyerhaeuser (WY), Exxon Mobil (XOM), Costco Wholesale (COST), Gilead Sciences (GILD), Huntington Bancshares (HBAN) and Intel (INTC).

Who are Hanover Insurance Group's key executives?

Hanover Insurance Group's management team includes the folowing 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)

Who are Hanover Insurance Group's major shareholders?

Hanover Insurance Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (3.01%), Franklin Resources Inc. (2.54%), Janus Henderson Group PLC (2.33%), Bank of New York Mellon Corp (1.93%), Massachusetts Financial Services Co. MA (1.66%) and AJO LP (1.50%). Company insiders that own Hanover Insurance Group stock include Ann Kirkpatrick Tripp, Bryan J Salvatore, J Kendall Huber, Mark Joseph Welzenbach, Mark Leo Berthiaume, Richard W Lavey and Warren E Barnes. View Institutional Ownership Trends for Hanover Insurance Group.

Which institutional investors are selling Hanover Insurance Group stock?

THG stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Massachusetts Financial Services Co. MA, Scout Investments Inc., Lord Abbett & CO. LLC, William Blair Investment Management LLC, Copper Rock Capital Partners LLC and MERIAN GLOBAL INVESTORS UK Ltd. Company insiders that have sold Hanover Insurance Group company stock in the last year include Ann Kirkpatrick Tripp, Bryan J Salvatore, J Kendall Huber, Mark Joseph Welzenbach, Richard W Lavey and Warren E Barnes. View Insider Buying and Selling for Hanover Insurance Group.

Which institutional investors are buying Hanover Insurance Group stock?

THG stock was bought by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., First Trust Advisors LP, Bank of New York Mellon Corp, Panagora Asset Management Inc., Janus Henderson Group PLC, Robeco Institutional Asset Management B.V., Hennessy Advisors Inc. and Pzena Investment Management LLC. View Insider Buying and Selling for Hanover Insurance Group.

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 $137.51.

How big of a company is Hanover Insurance Group?

Hanover Insurance Group has a market capitalization of $5.42 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 4,200 workers across the globe.View Additional Information About Hanover Insurance Group.

What is Hanover Insurance Group's official website?

The official website for Hanover Insurance Group is http://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]


MarketBeat Community Rating for Hanover Insurance Group (NYSE THG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  317 (Vote Outperform)
Underperform Votes:  382 (Vote Underperform)
Total Votes:  699
MarketBeat's community ratings are surveys of what our community members think about Hanover Insurance Group and other stocks. Vote "Outperform" if you believe THG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe THG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/20/2020 by MarketBeat.com Staff

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