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

$133.37
+0.31 (+0.23 %)
(As of 08/19/2019 04:00 PM ET)
Today's Range
$132.47
Now: $133.37
$134.2950
50-Day Range
$127.36
MA: $130.04
$133.29
52-Week Range
$104.59
Now: $133.37
$134.29
Volume197,365 shs
Average Volume243,839 shs
Market Capitalization$5.28 billion
P/E Ratio19.64
Dividend Yield1.80%
Beta0.62
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. Read More…

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$4.49 billion
Cash Flow$7.8545 per share
Book Value$74.36 per share

Profitability

Net Income$391 million

Miscellaneous

Employees4,200
Market Cap$5.28 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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Hanover Insurance Group (NYSE:THG) Frequently Asked Questions

What is Hanover Insurance Group's stock symbol?

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

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 Tuesday, May 14th. Shareholders of record on Monday, June 10th will be paid a dividend of $0.60 per share on Friday, June 28th. This represents a $2.40 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date of this dividend is Friday, June 7th. 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 share buyback plan on Thursday, June 27th 2019, which permits the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy 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.

How were Hanover Insurance Group's earnings last quarter?

Hanover Insurance Group Inc (NYSE:THG) issued its quarterly earnings results on Wednesday, July, 31st. The insurance provider reported $1.88 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.83 by $0.05. The insurance provider earned $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. Hanover Insurance Group had a return on equity of 10.44% and a net margin of 8.97%. Hanover Insurance Group's quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.20 earnings per share. View Hanover Insurance Group's Earnings History.

When is Hanover Insurance Group's next earnings date?

Hanover Insurance Group is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Hanover Insurance Group.

What price target have analysts set for THG?

3 Wall Street analysts have issued 12-month target prices for Hanover Insurance Group's stock. Their forecasts range from $118.71 to $133.00. On average, they anticipate Hanover Insurance Group's share price to reach $125.8550 in the next twelve months. This suggests that the stock has a possible downside of 5.6%. View Analyst Price Targets for Hanover Insurance Group.

What is the consensus analysts' recommendation for 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.

Has Hanover Insurance Group been receiving favorable news coverage?

News coverage about THG stock has been trending negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news 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 news impact score of -2.3 on InfoTrie's scale. They also assigned news articles about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Hanover Insurance Group.

Are investors shorting Hanover Insurance Group?

Hanover Insurance Group saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 412,200 shares, a drop of 10.0% from the June 30th total of 457,900 shares. Based on an average daily trading volume, of 224,800 shares, the short-interest ratio is presently 1.8 days. Currently, 1.0% of the company's shares are sold short. 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 QUALCOMM (QCOM), Red Hat (RHT), Marathon Petroleum (MPC), Wells Fargo & Co (WFC), Costco Wholesale (COST), Intel (INTC), Lululemon Athletica (LULU), Ross Stores (ROST), Sapiens International (SPNS) and Skyworks Solutions (SWKS).

Who are Hanover Insurance Group's key executives?

Hanover Insurance Group's management team includes the folowing 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)

Who are Hanover Insurance Group's major shareholders?

Hanover Insurance Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.22%), BlackRock Inc. (9.30%), Invesco Ltd. (2.81%), Victory Capital Management Inc. (2.45%), Price T Rowe Associates Inc. MD (2.42%) and Janus Henderson Group PLC (1.97%). Company insiders that own Hanover Insurance Group stock include Ann Kirkpatrick Tripp, Bryan J Salvatore, Christine Bilotti-Peterson, J Kendall Huber, Mark Joseph Welzenbach, Mark Leo Berthiaume, Mark Lowell Keim, 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 Renaissance Technologies LLC, Citadel Advisors LLC, Victory Capital Management Inc., WINTON GROUP Ltd, Price T Rowe Associates Inc. MD, William Blair Investment Management LLC, Monarch Partners Asset Management LLC and Pzena Investment Management 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 for Hanover Insurance Group.

Which institutional investors are buying Hanover Insurance Group stock?

THG stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Vanguard Group Inc., Fenimore Asset Management Inc., Prudential Financial Inc., Man Group plc, DekaBank Deutsche Girozentrale, APG Asset Management N.V. and Allianz Asset Management GmbH. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Hanover Insurance Group's stock price today?

One share of THG stock can currently be purchased for approximately $133.37.

How big of a company is Hanover Insurance Group?

Hanover Insurance Group has a market capitalization of $5.28 billion and generates $4.49 billion in revenue each year. The insurance provider earns $391 million in net income (profit) each year or $6.79 on an earnings per share basis. Hanover Insurance Group employs 4,200 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:  298 (Vote Outperform)
Underperform Votes:  343 (Vote Underperform)
Total Votes:  641
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 8/19/2019 by MarketBeat.com Staff

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