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 shares have decreased by 5.4% and is now trading at $100.35. 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 Wednesday, July 29th 2020. View our earnings forecast for Hanover Insurance Group.

Hanover Insurance Group Inc (NYSE:THG) announced its quarterly earnings data on Tuesday, April, 28th. The insurance provider reported $2.23 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.03 by $0.20. The insurance provider had revenue of $1.14 billion for 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%. The company's quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.96 EPS. View Hanover Insurance Group's earnings history.

Hanover Insurance Group declared a quarterly dividend on Wednesday, February 26th. Investors of record on Friday, March 13th will be paid a dividend of $0.65 per share on Friday, March 27th. This represents a $2.60 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend is Thursday, March 12th. View Hanover Insurance Group's dividend history.

Hanover Insurance Group announced that its board has approved a stock repurchase program on Thursday, June 27th 2019, which permits the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

3 analysts have issued 12 month price objectives for Hanover Insurance Group's stock. Their forecasts range from $85.00 to $145.00. On average, they expect Hanover Insurance Group's share price to reach $123.33 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price. View analysts' price targets for Hanover Insurance Group.

News stories about THG stock have trended extremely negative recently, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. 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 coverage optimism score of -4.6 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the near term. View the latest news aboutHanover Insurance Group.

Hanover Insurance Group saw a decline in short interest in May. As of May 15th, there was short interest totaling 457,500 shares, a decline of 10.8% from the April 30th total of 512,700 shares. Based on an average trading volume of 307,000 shares, the short-interest ratio is presently 1.5 days. Currently, 1.2% of the company's shares are short sold. 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), W. R. Berkley (WRB), Cincinnati Financial (CINF), 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."

Hanover Insurance Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.14%), State Street Corp (3.08%), Janus Henderson Group PLC (2.49%), Franklin Resources Inc. (2.46%), Bank of New York Mellon Corp (1.96%) and Invesco Ltd. (1.91%). Company insiders that own 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 Hanover Insurance Group.

THG stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., AJO LP, BlackRock Inc., Advisory Research Inc., WINTON GROUP Ltd, Pzena Investment Management LLC, Principal Financial Group Inc., and Franklin Resources Inc.. 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, and Warren E Barnes. View insider buying and selling activity for Hanover Insurance Group.

THG stock was acquired by a variety of institutional investors in the last quarter, including FDx Advisors Inc., FDx Advisors Inc., Vaughan Nelson Investment Management L.P., Wellington Management Group LLP, Fenimore Asset Management Inc., First Trust Advisors LP, Engineers Gate Manager LP, and Hancock Whitney Corp. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of THG stock can currently be purchased for approximately $100.35.

Hanover Insurance Group has a market capitalization of $3.81 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]