NYSE:THG - Hanover 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 (WHO). Since then, THG shares have decreased by 14.0% and is now trading at $91.14. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanover Insurance Group in the last year. There are currently 2 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, April 28th 2020. View our earnings forecast for Hanover Insurance Group.

Hanover Insurance Group will be holding an earnings conference call on Tuesday, April 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) posted its quarterly earnings data on Tuesday, February, 4th. The insurance provider reported $2.01 EPS for the quarter, topping analysts' consensus estimates of $1.93 by $0.08. The insurance provider earned $1.22 billion during the quarter, compared to analyst estimates of $1.21 billion. Hanover Insurance Group had a net margin of 8.69% and a return on equity of 11.17%. During the same period in the prior year, the firm posted $1.51 earnings per share. View Hanover Insurance Group's earnings history.

Hanover Insurance Group declared a quarterly dividend on Wednesday, February 26th. Stockholders 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 2.85%. The ex-dividend date of this dividend is Thursday, March 12th. View Hanover Insurance Group's dividend history.

Hanover Insurance Group declared that its Board of Directors has authorized a share 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 repurchase up to 3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its stock is undervalued.

2 analysts have issued 1-year target prices for Hanover Insurance Group's stock. Their forecasts range from $130.00 to $145.00. On average, they expect Hanover Insurance Group's share price to reach $137.50 in the next year. This suggests a possible upside of 50.9% from the stock's current price. View analysts' price targets for Hanover Insurance Group.

News coverage about THG stock has been trending negative on Sunday, InfoTrie reports. The research firm identifies positive and negative 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 media sentiment score of -2.1 on InfoTrie's scale. They also assigned news coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutHanover Insurance Group.

Hanover Insurance Group saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 678,800 shares, an increase of 18.3% from the February 27th total of 573,600 shares. Based on an average daily volume of 253,700 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.8% 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), Cincinnati Financial (CINF), Arch Capital Group (ACGL), W. R. Berkley (WRB), Cna Financial (CNA), Fidelity National Financial (FNF), Erie Indemnity (ERIE), First American Financial (FAF), Old Republic International (ORI), RLI (RLI) and Axis Capital (AXS).

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), QUALCOMM (QCOM), Pfizer (PFE), Weyerhaeuser (WY), Exxon Mobil (XOM), Costco Wholesale (COST), Gilead Sciences (GILD), Huntington Bancshares (HBAN) and Intel (INTC).

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 number of institutional and retail investors. Top institutional investors include State Street Corp (3.01%), Franklin Resources Inc. (2.54%), Franklin Resources Inc. (2.60%), Janus Henderson Group PLC (2.33%), Macquarie Group Ltd. (2.09%) and Macquarie Group Ltd. (2.09%). Company insiders that own Hanover Insurance Group stock include Ann Kirkpatrick Tripp, Bryan J Salvatore, J Kendall Huber, Mark Joseph Welzenbach, Mark Leo Berthiaume, 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 Victory Capital Management Inc., Victory Capital Management Inc., Massachusetts Financial Services Co. MA, Scout Investments Inc., Lord Abbett & CO. LLC, Nuveen Asset Management LLC, William Blair Investment Management LLC, and Copper Rock Capital Partners LLC. 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, Richard W Lavey, 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 Norges Bank, Vaughan Nelson Investment Management L.P., First Trust Advisors LP, Bank of New York Mellon Corp, Panagora Asset Management Inc., Janus Henderson Group PLC, Robeco Institutional Asset Management B.V., and Hennessy Advisors Inc.. 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 $91.14.

Hanover Insurance Group has a market capitalization of $3.50 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. View additional information about Hanover Insurance Group.

The official website for Hanover Insurance Group is http://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]