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. Since then, THG shares have decreased by 6.4% and is now trading at $99.22. 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 Wednesday, July 29th 2020. View our earnings forecast for Hanover Insurance Group.

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

Hanover Insurance Group announced a quarterly dividend on Friday, May 29th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date is Thursday, June 11th. View Hanover Insurance Group's dividend history.

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

3 brokers have issued 1-year target prices 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 34.0% from the stock's current price. View analysts' price targets for Hanover Insurance Group.

Media headlines about THG stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hanover Insurance Group earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Hanover Insurance Group.

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."

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 $99.22.

Hanover Insurance Group has a market capitalization of $3.77 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]