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The Hanover Insurance Group Inc (THG)

NYSE
Currency in USD
163.04
-1.97(-1.19%)
Real-time Data
THG Scorecard
Full Analysis
Has raised its dividend for 3 consecutive years
Fair Value
Day's Range
163.04164.52
52 wk Range
119.36166.13
Key Statistics
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Prev. Close
165.01
Open
164.52
Day's Range
163.04-164.52
52 wk Range
119.36-166.13
Volume
6.26K
Average Volume (3m)
186.45K
1-Year Change
31.91%
Book Value / Share
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Fair Value
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Fair Value Upside
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THG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
172.33
Upside
+5.70%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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The Hanover Insurance Group Inc Company Profile

The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers’ compensation, and other commercial lines coverage. The Specialty segment provides professional and executive Lines, marine, and surety and other, as well as specialty property and casualty, such as program business, specialty industrial business, excess and surplus business, and specialty general liability coverage. The Personal Lines segment offers personal automobile and homeowner’s coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment advisory services to institutions, insurance companies, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.

Industry
Insurance
Sector
Financial
Employees
4600

The Hanover Insurance Group Inc SWOT Analysis


Financial Resilience
The Hanover Insurance Group outperforms expectations with Q3 2024 operating EPS of $3.05, showcasing strong performance across business segments
Segment Dynamics
Explore THG's robust Core Commercial and Specialty segments, balanced by strategic improvements in Personal Lines, particularly in Auto insurance
Strategic Pricing
Delve into THG's pricing power and targeted underwriting actions, driving improved margins while navigating short-term growth challenges
Market Outlook
Analysts set price targets ranging from $160 to $175, reflecting confidence in THG's ability to manage risks and capitalize on market opportunities
Read full SWOT analysis
THG Full Pro Research
Institutional-Grade Stock Analysis
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Financial health at a glance
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The Hanover Insurance Group Inc Earnings Call Summary for Q4/2024

  • Q3 operating income of $3.5 per share, 14.4% ROE; ex-catastrophe combined ratio at 88.3%, beating 90-91% guidance
  • Personal Lines grew 6.8%, led by auto; Specialty segment saw combined ratio increase due to higher expenses
  • Company expects to exceed original combined ratio guidance for the year; projects >6% net written premium growth in Q4
  • Anticipates maintaining combined ratio below 90% in Q4; targets 30.5% expense ratio by 2025
  • Management confident in trajectory, driven by margin improvements, diversification, and strategic pricing adjustments
Last Updated: 2024-11-03, 06:08 a/m
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Compare THG to Peers and Sector

Metrics to compare
THG
Peers
Sector
Relationship
P/E Ratio
16.3x22.2x8.7x
PEG Ratio
0.030.150.03
Price/Book
2.1x1.1x1.0x
Price / LTM Sales
1.0x0.6x2.8x
Upside (Analyst Target)
6.1%−0.8%10.6%
Fair Value Upside
Unlock10.4%2.8%Unlock

Analysts' Recommendations

4 Buy
2 Hold
0 Sell
Ratings:
6 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 172.33

(+5.70% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 10.21
Dividend Yield
2.06%
Industry Median 2.43%
Annualized payout
3.4000
Paid quarterly
5-Years Growth
+7.21%
Growth Streak

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FAQ

What Is the The Hanover Insurance (THG) Stock Price Today?

The The Hanover Insurance stock price today is 163.04

What Stock Exchange Does The Hanover Insurance Trade On?

The Hanover Insurance is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for The Hanover Insurance?

The stock symbol for The Hanover Insurance is "THG."

Does The Hanover Insurance Pay Dividends? What’s The Current Dividend Yield?

The The Hanover Insurance dividend yield is 2.06%.

What Is the The Hanover Insurance Market Cap?

As of today, The Hanover Insurance market cap is 5.89B.

What is The Hanover Insurance Earnings Per Share?

The The Hanover Insurance EPS is 10.21.

What Is the Next The Hanover Insurance Earnings Date?

The Hanover Insurance will release its next earnings report on Jan 29, 2025.

From a Technical Analysis Perspective, Is THG a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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