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

$91.14
-2.76 (-2.94 %)
(As of 03/29/2020 02:48 AM ET)
Today's Range
$88.87
Now: $91.14
$94.25
50-Day Range
$83.67
MA: $117.94
$138.70
52-Week Range
$75.11
Now: $91.14
$144.71
Volume277,708 shs
Average Volume404,239 shs
Market Capitalization$3.50 billion
P/E Ratio8.70
Dividend Yield2.77%
Beta0.67
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.
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Hanover Insurance Group logo

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$8.98 per share
Book Value$74.03 per share

Profitability

Net Income$425.10 million

Miscellaneous

Employees4,300
Market Cap$3.50 billion
Next Earnings Date4/28/2020 (Confirmed)
OptionableOptionable

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Hanover Insurance Group (NYSE:THG) Frequently Asked Questions

How has Hanover Insurance Group's stock 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 (WHO). Since then, THG shares have decreased by 14.0% and is now trading at $91.14. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Hanover Insurance Group's next earnings date?

Hanover Insurance Group is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 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, April 28th 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) posted its quarterly earnings data on Tuesday, February, 4th. The insurance provider reported $2.01 EPS for the quarter, topping analysts' consensus estimates of $1.93 by $0.08. The insurance provider earned $1.22 billion during the quarter, compared to analyst estimates of $1.21 billion. Hanover Insurance Group had a net margin of 8.69% and a return on equity of 11.17%. During the same period in the prior year, the firm posted $1.51 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 Wednesday, February 26th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.65 per share on Friday, March 27th. This represents a $2.60 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend is Thursday, March 12th. View Hanover Insurance Group's dividend history.

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

Hanover Insurance Group declared that its Board of Directors 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 repurchase up to 3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its stock is undervalued.

What price target have analysts set for THG?

2 analysts have issued 1-year target prices for Hanover Insurance Group's stock. Their forecasts range from $130.00 to $145.00. On average, they expect Hanover Insurance Group's share price to reach $137.50 in the next year. This suggests a possible upside of 50.9% from the stock's current price. View analysts' price targets for Hanover Insurance Group.

Has Hanover Insurance Group been receiving favorable news coverage?

News coverage about THG stock has been trending negative on Sunday, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hanover Insurance Group earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutHanover Insurance Group.

Are investors shorting Hanover Insurance Group?

Hanover Insurance Group saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 678,800 shares, an increase of 18.3% from the February 27th total of 573,600 shares. Based on an average daily volume of 253,700 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.8% of the company's shares are short sold. 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 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."

Who are Hanover Insurance Group's major shareholders?

Hanover Insurance Group's stock is owned by a number of institutional and retail investors. Top institutional investors include State Street Corp (3.01%), Franklin Resources Inc. (2.54%), Franklin Resources Inc. (2.60%), Janus Henderson Group PLC (2.33%), Macquarie Group Ltd. (2.09%) and Macquarie Group Ltd. (2.09%). 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, Nuveen Asset Management LLC, William Blair Investment Management LLC, and Copper Rock Capital Partners LLC. 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 activity for Hanover Insurance Group.

Which institutional investors are buying Hanover Insurance Group stock?

THG stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, 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., and Hennessy Advisors Inc.. View insider buying and selling activity 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 $91.14.

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. 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:  320 (Vote Outperform)
Underperform Votes:  389 (Vote Underperform)
Total Votes:  709
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 3/29/2020 by MarketBeat.com Staff

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