NYSE:THGHanover Insurance Group Stock Price, Forecast & News

Hanover Insurance Group's stock was trading at $106.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, THG shares have decreased by 9.8% and is now trading at $95.63. 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) posted its quarterly earnings results on Tuesday, April, 28th. The insurance provider reported $2.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 return on equity of 11.56% and a net margin of 5.56%. The company's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period last year, the business earned $1.96 earnings per share. View Hanover Insurance Group's earnings history.

Hanover Insurance Group declared a quarterly dividend on Friday, May 29th. Investors of record on Friday, June 12th will be given a dividend of $0.65 per share on Friday, June 26th. This represents a $2.60 annualized dividend and a yield of 2.72%. The ex-dividend date is Thursday, June 11th. View Hanover Insurance Group's dividend history.

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

3 Wall Street analysts have issued twelve-month price targets for Hanover Insurance Group's shares. Their forecasts range from $114.00 to $145.00. On average, they expect Hanover Insurance Group's share price to reach $133.00 in the next twelve months. This suggests a possible upside of 39.1% from the stock's current price. View analysts' price targets for Hanover Insurance Group.

News headlines about THG stock have been trending very negative this week, according to InfoTrie. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hanover Insurance Group earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned media headlines about the insurance provider a news buzz of 0.0 out of 10, indicating 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 trading volume of 295,700 shares, the short-interest ratio is presently 2.3 days. Currently, 1.8% of the company's stock 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), Travelers Companies (TRV), Allstate (ALL), 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."

Hanover Insurance Group's stock is owned by many different retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.07%). 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 acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management 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 $95.63.

Hanover Insurance Group has a market capitalization of $3.63 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]