NYSE:THGHanover Insurance Group Stock Price, Forecast & News

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. Since then, THG shares have decreased by 6.9% and is now trading at $98.71. 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 results on Tuesday, April, 28th. The insurance provider reported $2.23 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.20. The insurance provider earned $1.14 billion during the quarter, compared to the consensus estimate of $1.15 billion. Hanover Insurance Group had a net margin of 5.56% and a return on equity of 11.56%. Hanover Insurance Group's revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.96 EPS. 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 paid a dividend of $0.65 per share on Friday, June 26th. This represents a $2.60 annualized dividend and a yield of 2.63%. 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 has initiated a stock buyback program on Thursday, June 27th 2019, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its stock is undervalued.

3 analysts have issued twelve-month price targets for Hanover Insurance Group's stock. Their forecasts range from $114.00 to $145.00. On average, they expect Hanover Insurance Group's share price to reach $133.00 in the next year. This suggests a possible upside of 34.7% from the stock's current price. View analysts' price targets for Hanover Insurance Group.

Media coverage about THG stock has been trending negative on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive 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 five, with scores nearest to five being the most favorable. Hanover Insurance Group earned a media sentiment score of -2.5 on InfoTrie's scale. They also gave media headlines about the insurance provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the company's share price in the near term. 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 $98.71.

Hanover Insurance Group has a market capitalization of $3.75 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]