The Hanover Insurance Group Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Hanover Insurance Group in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" The Hanover Insurance Group stock.
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The Hanover Insurance Group saw a increase in short interest in February. As of February 12th, there was short interest totaling 390,500 shares, an increase of 28.5% from the January 28th total of 304,000 shares. Based on an average daily trading volume, of 187,100 shares, the short-interest ratio is presently 2.1 days. Currently, 1.1% of the company's shares are short sold.
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The Hanover Insurance Group is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for The Hanover Insurance Group.

The Hanover Insurance Group, Inc. (NYSE:THG) posted its quarterly earnings data on Tuesday, February, 2nd. The insurance provider reported $3.02 EPS for the quarter, beating the consensus estimate of $2.18 by $0.84. The insurance provider had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.14 billion. The Hanover Insurance Group had a net margin of 6.35% and a trailing twelve-month return on equity of 10.90%. The Hanover Insurance Group's revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.01 EPS.
View The Hanover Insurance Group's earnings history.

The 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 (WHO). Since then, THG shares have increased by 15.4% and is now trading at $122.35.
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The Hanover Insurance Group announced a quarterly dividend on Monday, March 1st. Investors of record on Friday, March 12th will be paid a dividend of $0.70 per share on Friday, March 26th. This represents a $2.80 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Thursday, March 11th.
View The Hanover Insurance Group's dividend history.

The Hanover Insurance Group pays an annual dividend of $2.80 per share and currently has a dividend yield of 2.31%. The Hanover Insurance Group has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of The Hanover Insurance Group is 34.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Hanover Insurance Group will have a dividend payout ratio of 32.00% next year. This indicates that The Hanover Insurance Group will be able to sustain or increase its dividend.
View The Hanover Insurance Group's dividend history.

The Hanover Insurance Group announced that its Board of Directors has authorized a stock repurchase plan on Thursday, June 27th 2019, which authorizes the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.

4 brokers have issued 12 month price objectives for The Hanover Insurance Group's stock. Their forecasts range from $114.00 to $140.00. On average, they expect The Hanover Insurance Group's stock price to reach $125.25 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
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89 employees have rated The Hanover Insurance Group CEO John C. Roche on Glassdoor.com. John C. Roche has an approval rating of 96% among The Hanover Insurance Group's employees. This puts John C. Roche in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to The Hanover Insurance Group include Berkshire Hathaway (BRK.B), The Progressive (PGR), The Travelers Companies (TRV), The Allstate (ALL), Cincinnati Financial (CINF), Markel (MKL), Arch Capital Group (ACGL), W. R. Berkley (WRB), CNA Financial (CNA), Fidelity National Financial (FNF), Erie Indemnity (ERIE), Old Republic International (ORI), First American Financial (FAF), RLI (RLI) and Selective Insurance Group (SIGI).
View all of THG's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other The Hanover Insurance Group investors own include Marathon Petroleum (MPC), Phillips 66 (PSX), Wells Fargo & Company (WFC), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), QUALCOMM (QCOM), Walgreens Boots Alliance (WBA), International Business Machines (IBM) and Johnson & Johnson (JNJ).

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

The Hanover Insurance Group's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.64%), Price T Rowe Associates Inc. MD (2.91%), Alliancebernstein L.P. (2.62%), Janus Henderson Group PLC (2.60%), Bank of New York Mellon Corp (2.14%) and Wells Fargo & Company MN (1.91%). Company insiders that own The 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 The Hanover Insurance Group.

THG stock was sold by a variety of institutional investors in the last quarter, including AJO LP, Ceredex Value Advisors LLC, Victory Capital Management Inc., Emerald Advisers LLC, First Trust Advisors LP, BlackRock Inc., Voloridge Investment Management LLC, and Janus Henderson Group PLC.
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THG stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Brown Advisory Inc., Fuller & Thaler Asset Management Inc., Lazard Asset Management LLC, Peregrine Capital Management LLC, Kestrel Investment Management Corp, Panagora Asset Management Inc., and Fenimore Asset Management Inc..
View insider buying and selling activity for The Hanover Insurance Group or or view top insider-buying stocks.

Shares of THG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of THG stock can currently be purchased for approximately $122.35.

The Hanover Insurance Group has a market capitalization of $4.45 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.

The Hanover Insurance Group employs 4,300 workers across the globe.

The official website for The Hanover Insurance Group is www.hanover.com.

The Hanover Insurance Group is headquartered at 440 LINCOLN ST, WORCESTER MA, 01653.

The 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]