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 stock has decreased by 11.4% and is now trading at $93.89. View which stocks have been most impacted by Coronavirus.

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 Tuesday, July 28th 2020. View our earnings forecast for Hanover Insurance Group.

Hanover Insurance Group will be holding an earnings conference call on Tuesday, July 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.

Hanover Insurance Group Inc (NYSE:THG) announced its quarterly earnings data on Tuesday, April, 28th. The insurance provider reported $2.23 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.03 by $0.20. The insurance provider earned $1.14 billion during the quarter, compared to analysts' expectations of $1.15 billion. Hanover Insurance Group had a net margin of 5.56% and a return on equity of 11.56%. The business's revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.96 EPS. View Hanover Insurance Group's earnings history.

Hanover Insurance Group declared a quarterly dividend on Friday, May 29th. Stockholders of record on Friday, June 12th will be paid a dividend of $0.65 per share on Friday, June 26th. This represents a $2.60 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend is Thursday, June 11th. View Hanover Insurance Group's dividend history.

Hanover Insurance Group declared that its Board of Directors has approved a stock buyback program on Thursday, June 27th 2019, which allows the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.

3 analysts have issued 1-year target prices for Hanover Insurance Group's stock. Their forecasts range from $114.00 to $145.00. On average, they expect Hanover Insurance Group's stock price to reach $133.00 in the next year. This suggests a possible upside of 41.7% from the stock's current price. View analysts' price targets for Hanover Insurance Group.

News articles about THG stock have trended negative on Thursday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of 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 negative five to positive five, with scores nearest to five being the most favorable. Hanover Insurance Group earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave press 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 effect on the stock's share price in the near future. View the latest news about Hanover Insurance Group.

Hanover Insurance Group saw a increase in short interest in June. As of June 30th, there was short interest totaling 667,200 shares, an increase of 92.1% from the June 15th total of 347,400 shares. Based on an average trading volume of 295,700 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.8% of the shares of the company are short sold. View Hanover Insurance Group's Current Options Chain.

Some companies that are related to Hanover Insurance Group include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Markel (MKL), Arch Capital Group (ACGL), Cincinnati Financial (CINF), 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). View all competitors.

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), Pfizer (PFE), QUALCOMM (QCOM), Exxon Mobil (XOM), AbbVie (ABBV), IBM (IBM), International Paper (IP), AT&T (T) and Verizon Communications (VZ).

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 variety of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.07%). 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 bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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 $93.89.

Hanover Insurance Group has a market capitalization of $3.57 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]