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NYSE:THGHanover Insurance Group Stock Price, Forecast & News

$98.71
-0.51 (-0.51 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$98.63
Now: $98.71
$101.53
50-Day Range
$85.55
MA: $99.97
$113.09
52-Week Range
$75.11
Now: $98.71
$144.71
Volume235,986 shs
Average Volume291,898 shs
Market Capitalization$3.75 billion
P/E Ratio15.26
Dividend Yield2.63%
Beta0.89
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates in three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, umbrella, healthcare, mono-line general liability, and miscellaneous commercial property insurance products; and other commercial coverages, including inland marine, specialty program business, management and professional liability, surety, and specialty property. The Personal Lines segment provides personal automobile and homeowner's coverages, as well as other personal coverages, such as personal inland marine, umbrella, fire, personal watercraft, earthquake, and other miscellaneous coverages. The Other segment offers investment management and advisory services to institutions, pension funds, and other organizations. The company markets its products and services through independent agents and brokers. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.40 out of 5 stars


Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP41086710
Phone508-855-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.89 billion
Cash Flow$9.26 per share
Book Value$74.03 per share

Profitability

Net Income$425.10 million

Miscellaneous

Employees4,300
Market Cap$3.75 billion
Next Earnings Date7/28/2020 (Confirmed)
OptionableOptionable

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Hanover Insurance Group (NYSE:THG) Frequently Asked Questions

How has Hanover Insurance Group's stock been impacted by COVID-19 (Coronavirus)?

Hanover Insurance Group's stock was trading at $106.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, THG stock has decreased by 6.9% and is now trading at $98.71. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Hanover Insurance Group?

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.

When is Hanover Insurance Group's next earnings date?

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.

How can I listen to Hanover Insurance Group's earnings call?

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.

How were Hanover Insurance Group's earnings last quarter?

Hanover Insurance Group Inc (NYSE:THG) released its quarterly earnings results on Tuesday, April, 28th. The insurance provider reported $2.23 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.03 by $0.20. The insurance provider earned $1.14 billion during the quarter, compared to analysts' expectations 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 quarter in the previous year, the firm posted $1.96 earnings per share. View Hanover Insurance Group's earnings history.

How often does Hanover Insurance Group pay dividends? What is the dividend yield for Hanover Insurance Group?

Hanover Insurance Group announced a quarterly dividend on Friday, May 29th. Shareholders 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 2.63%. The ex-dividend date is Thursday, June 11th. View Hanover Insurance Group's dividend history.

How will Hanover Insurance Group's stock buyback program work?

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

What price target have analysts set for THG?

3 equities research analysts have issued twelve-month target prices for Hanover Insurance Group's shares. Their forecasts range from $114.00 to $145.00. On average, they expect Hanover Insurance Group's stock price to reach $133.00 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price. View analysts' price targets for Hanover Insurance Group.

Has Hanover Insurance Group been receiving favorable news coverage?

News headlines about THG stock have trended negative on Monday, according to InfoTrie. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hanover Insurance Group earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned news articles about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press 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.

Are investors shorting 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 daily volume of 295,700 shares, the short-interest ratio is currently 2.3 days. Currently, 1.8% of the shares of the company are short sold. View Hanover Insurance Group's Current Options Chain.

Who are some of Hanover Insurance Group's key competitors?

What other stocks do shareholders of Hanover Insurance Group own?

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).

Who are Hanover Insurance Group's key executives?

Hanover Insurance Group's management team includes the following people:
  • Mr. John Conner Roche, Pres, CEO & Director (Age 55)
  • Mr. Jeffrey Mark Farber, Exec. VP & CFO (Age 54)
  • Mr. J. Kendall Huber, Exec. VP, Gen. Counsel & Assistant Sec. (Age 64)
  • Mr. Richard William Lavey, Exec. VP & Pres of Hanover Agency Markets (Age 51)
  • Mr. Bryan James Salvatore, Exec. VP & Pres of Specialty (Age 54)

What is Hanover Insurance Group's stock symbol?

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

How do I buy shares of 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.

What is Hanover Insurance Group's stock price today?

One share of THG stock can currently be purchased for approximately $98.71.

How big of a company is Hanover Insurance Group?

Hanover Insurance Group has a market capitalization of $3.75 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.

What is Hanover Insurance Group's official website?

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

How can I contact Hanover Insurance Group?

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]

This page was last updated on 7/6/2020 by MarketBeat.com Staff

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