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 stock has 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) released its quarterly earnings data on Tuesday, April, 28th. The insurance provider reported $2.23 EPS for the quarter, topping the Zacks' consensus estimate of $2.03 by $0.20. The insurance provider earned $1.14 billion during the quarter, compared to analyst estimates of $1.15 billion. Hanover Insurance Group had a return on equity of 11.56% and a net margin of 5.56%. The company's revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.96 EPS. View Hanover Insurance Group's earnings history.

Hanover Insurance Group declared a quarterly dividend on Friday, May 29th. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Thursday, June 11th. View Hanover Insurance Group's dividend history.

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

3 analysts have issued 12 month price targets for Hanover Insurance Group's stock. Their forecasts range from $114.00 to $145.00. On average, they anticipate Hanover Insurance Group's stock price to reach $133.00 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price. View analysts' price targets for Hanover Insurance Group.

News stories about THG stock have been trending negative this week, according to InfoTrie Sentiment. The research firm ranks 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 -5 to 5, with scores nearest to five being the most favorable. Hanover Insurance Group earned a news impact score of -2.1 on InfoTrie's scale. They also gave headlines 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 company's share price in the near term. 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 daily volume of 295,700 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.8% of the company's shares are sold short. 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."

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]