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NYSE:THGHanover Insurance Group Stock Price, Forecast & News

$103.13
+1.28 (+1.26 %)
(As of 08/5/2020 04:00 PM ET)
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Today's Range
$102.36
Now: $103.13
$104.05
50-Day Range
$95.63
MA: $99.50
$102.70
52-Week Range
$75.11
Now: $103.13
$144.71
Volume135,649 shs
Average Volume313,389 shs
Market Capitalization$3.89 billion
P/E Ratio13.41
Dividend Yield2.55%
Beta0.86
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.40 out of 5 stars


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$9.38 per share
Book Value$81.40 per share

Profitability

Net Income$425.10 million

Miscellaneous

Employees4,300
Market Cap$3.89 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$103.13
+1.28 (+1.26 %)
(As of 08/5/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 Coronavirus reached pandemic status according to the World Health Organization. Since then, THG shares have decreased by 2.7% and is now trading at $103.13.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of Hanover Insurance Group?

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
.

When is Hanover Insurance Group's next earnings date?

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
.

How were Hanover Insurance Group's earnings last quarter?

Hanover Insurance Group Inc (NYSE:THG) issued its quarterly earnings results on Tuesday, July, 28th. The insurance provider reported $1.63 EPS for the quarter, beating the Zacks' consensus estimate of $1.50 by $0.13. The insurance provider had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.13 billion. Hanover Insurance Group had a return on equity of 10.93% and a net margin of 6.39%. Hanover Insurance Group's revenue was down 5.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.88 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 announced 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 2.52%. The ex-dividend date of this dividend is Thursday, June 11th.
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 initiated a stock buyback plan on Thursday, June 27th 2019, which allows the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 3% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

What price target have analysts set for THG?

3 equities research analysts have issued 12 month price targets for Hanover Insurance Group's shares. 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 29.0% from the stock's current price.
View analysts' price targets for Hanover Insurance Group
.

Has Hanover Insurance Group been receiving favorable news coverage?

Media headlines about THG stock have been trending negative on Thursday, according to InfoTrie Sentiment Analysis. 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 companies on a scale of negative five to five, with scores closest to five being the most favorable. Hanover Insurance Group earned a news impact score of -2.0 on InfoTrie's scale. They also gave headlines about the insurance provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about Hanover Insurance Group
.

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

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 many different institutional and retail investors. Top institutional shareholders include First Trust Advisors LP (1.36%), Principal Financial Group Inc. (0.97%), Fenimore Asset Management Inc. (0.74%), Russell Investments Group Ltd. (0.46%), Hancock Whitney Corp (0.42%) and Assenagon Asset Management S.A. (0.29%). 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
.

Which major investors are selling Hanover Insurance Group stock?

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, Hennessy Advisors Inc., Stone Ridge Asset Management LLC, and First Quadrant L P CA. 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, and Warren E Barnes.
View insider buying and selling activity for Hanover Insurance Group
.

Which major investors are buying Hanover Insurance Group stock?

THG stock was purchased 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., First Trust Advisors LP, Fenimore Asset Management Inc., LSV Asset Management, and Russell Investments Group Ltd..
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 $103.13.

How big of a company is Hanover Insurance Group?

Hanover Insurance Group has a market capitalization of $3.89 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.

What is Hanover Insurance Group's official website?

The official website for Hanover Insurance Group is 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]

This page was last updated on 8/6/2020 by MarketBeat.com Staff

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