The Hanover Insurance Group Stock Forecast, Price & News

3 Wall Street research 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 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" The Hanover Insurance Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in THG, but not buy additional shares or sell existing shares.
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3 equities research analysts have issued 12 month price targets for The Hanover Insurance Group's stock. Their THG stock forecasts range from $144.00 to $155.00. On average, they anticipate The Hanover Insurance Group's share price to reach $149.50 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price.
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The Hanover Insurance Group's stock was trading at $131.06 on January 1st, 2022. Since then, THG stock has increased by 11.6% and is now trading at $146.24.
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The Hanover Insurance Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
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The Hanover Insurance Group will be holding an earnings conference call on Wednesday, August 3rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

The Hanover Insurance Group, Inc. (NYSE:THG) issued its earnings results on Tuesday, May, 3rd. The insurance provider reported $3.26 EPS for the quarter, topping the consensus estimate of $3.00 by $0.26. The insurance provider earned $1.31 billion during the quarter, compared to analyst estimates of $1.24 billion. The Hanover Insurance Group had a net margin of 8.16% and a trailing twelve-month return on equity of 12.25%. The company's quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.66 earnings per share.
View The Hanover Insurance Group's earnings history.

The Hanover Insurance Group declared a quarterly dividend on Wednesday, June 1st. Stockholders of record on Friday, June 10th will be paid a dividend of $0.75 per share on Friday, June 24th. This represents a $3.00 annualized dividend and a yield of 2.05%. The ex-dividend date is Thursday, June 9th.
View The Hanover Insurance Group's dividend history.

The Hanover Insurance Group(NYSE:THG) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.03%. The Hanover Insurance Group has been increasing its dividend for 18 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 25.23%. 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 25.21% 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.

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 Progressive (PGR), Travelers Companies (TRV), Allstate (ALL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Markel (MKL), Arch Capital Group (ACGL), CNA Financial (CNA), Fidelity National Financial (FNF), Old Republic International (ORI), First American Financial (FAF), RLI (RLI), Selective Insurance Group (SIGI), AXIS Capital (AXS) and White Mountains Insurance Group (WTM).
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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."

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 $146.24.

The Hanover Insurance Group (NYSE:THG) has a market capitalization of $5.20 billion and generates $5.23 billion in revenue each year. The insurance provider earns $418.70 million in net income (profit) each year or $11.89 on an earnings per share basis.

The Hanover Insurance Group employs 4,400 workers across the globe.

The Hanover Insurance Group's mailing address is 440 LINCOLN ST, WORCESTER MA, 01653. The official website for The Hanover Insurance Group is www.hanover.com. The insurance provider can be reached via phone at (508) 855-1000, via email at olukasheva@hanover.com, or via fax at 508-855-8078.