NYSE:THGHanover Insurance Group Stock Price, Forecast & News

Hanover Insurance Group's stock was trading at $106.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, THG shares have increased by 1.3% and is now trading at $107.36.
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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanover Insurance Group in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Hanover Insurance Group.

Hanover Insurance Group is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Hanover Insurance Group.

Hanover Insurance Group Inc (NYSE:THG) released its quarterly earnings data on Tuesday, July, 28th. The insurance provider reported $1.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.50 by $0.13. The insurance provider earned $1.08 billion during 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%. The company's quarterly revenue was down 5.0% on a year-over-year basis. During the same period last year, the company earned $1.88 earnings per share.
View Hanover Insurance Group's earnings history.

Hanover Insurance Group announced a quarterly dividend on Friday, May 29th. Investors of record on Friday, June 12th will be given a dividend of $0.65 per share on Friday, June 26th. This represents a $2.60 annualized dividend and a dividend yield of 2.42%. The ex-dividend date is Thursday, June 11th.
View Hanover Insurance Group's dividend history.

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

3 Wall Street analysts 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 share price to reach $133.00 in the next twelve months. This suggests a possible upside of 23.9% from the stock's current price.
View analysts' price targets for Hanover Insurance Group.

News headlines about THG stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hanover Insurance Group earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned news stories 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 stock's share price in the near term.
View the latest news about Hanover Insurance Group.

Hanover Insurance Group saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 693,300 shares, a decrease of 11.8% from the December 31st total of 786,400 shares. Based on an average daily 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 short sold.
View Hanover Insurance Group's Short Interest.

Some companies that are related to Hanover Insurance Group include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Markel (MKL), Cincinnati Financial (CINF), Arch Capital Group (ACGL), W. R. Berkley (WRB), Fidelity National Financial (FNF), Erie Indemnity (ERIE), 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 Hanover Insurance Group investors own include Marathon Petroleum (MPC), AbbVie (ABBV), Pfizer (PFE), QUALCOMM (QCOM), Wells Fargo & Co (WFC), Exxon Mobil (XOM), Phillips 66 (PSX), Cisco Systems (CSCO), Gilead Sciences (GILD) and IBM (IBM).

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

Hanover Insurance Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include First Trust Advisors LP (1.36%), Victory Capital Management Inc. (1.19%), Principal Financial Group Inc. (0.97%), Fenimore Asset Management Inc. (0.74%), Russell Investments Group Ltd. (0.46%) and Hancock Whitney Corp (0.42%). Company insiders that own 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 Hanover Insurance Group.

THG stock was sold by a variety of institutional investors in the last quarter, including Comerica Bank, Pzena Investment Management LLC, WINTON GROUP Ltd, DekaBank Deutsche Girozentrale, Hancock Whitney Corp, New York State Common Retirement Fund, Hennessy Advisors Inc., and Stone Ridge Asset Management LLC. Company insiders that have sold 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 Hanover Insurance Group.

THG stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Principal Financial Group Inc., Victory Capital Management Inc., First Trust Advisors LP, Fenimore Asset Management Inc., and LSV Asset Management.
View insider buying and selling activity for 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 $107.36.

Hanover Insurance Group has a market capitalization of $4.05 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.

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

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]