The Hanover Insurance Group, Inc. (THG)

NYSE: THG · IEX Real-Time Price · USD
133.63
-0.63 (-0.47%)
Feb 28, 2024, 3:28 PM EST - Market open
-0.47%
Market Cap 4.82B
Revenue (ttm) 5.99B
Net Income (ttm) 35.30M
Shares Out 35.80M
EPS (ttm) 0.93
PE Ratio 143.58
Forward PE 13.54
Dividend $3.40 (2.54%)
Ex-Dividend Date Mar 14, 2024
Volume 82,372
Open 134.26
Previous Close 134.26
Day's Range 133.38 - 134.64
52-Week Range 103.83 - 141.14
Beta 0.69
Analysts Buy
Price Target 142.80 (+6.86%)
Earnings Date Jan 31, 2024

About THG

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 P&C, such as program business, spec... [Read more]

Sector Financials
IPO Date Oct 10, 1995
Employees 4,800
Stock Exchange NYSE
Ticker Symbol THG
Full Company Profile

Financial Performance

In 2023, THG's revenue was $5.99 billion, an increase of 9.60% compared to the previous year's $5.47 billion. Earnings were $35.30 million, a decrease of -69.57%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for THG stock is "Buy." The 12-month stock price forecast is $142.8, which is an increase of 6.86% from the latest price.

Price Target
$142.8
(6.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.85 Per Common Share

WORCESTER, Mass. , Feb. 26, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.85 per share on the issued...

1 day ago - PRNewsWire

Forbes Ranks The Hanover Among America's Best Employers

Company recognized for the ninth consecutive year WORCESTER, Mass. , Feb. 14, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has been named one of "America's Bes...

14 days ago - PRNewsWire

The Hanover and its Employees Contribute $1.5 Million to United Way, Other Nonprofits

WORCESTER, Mass. , Feb. 8, 2024 /PRNewswire/ -- Through their annual giving campaign, The Hanover Insurance Group, Inc. (NYSE: THG) and its employees have raised $1.5 million for United Way and other ...

20 days ago - PRNewsWire

The Hanover Insurance Group, Inc. to Present at the Bank of America Securities 2024 Financial Services Conference

WORCESTER, Mass. , Feb. 7, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C.

20 days ago - PRNewsWire

The Hanover Reports Fourth Quarter Net Income and Operating Income of $2.98 and $3.13 per Diluted Share, Respectively; Net and Operating Return on Equity of 18.8% and 15.7%, Respectively

Fourth  Quarter Highlights Combined ratio of 94.2%; combined ratio, excluding catastrophes(1), of 90.2% Catastrophe losses of $57.7 million, or 4.0 points of the combined ratio Net premiums written in...

27 days ago - PRNewsWire

K2 International Launches Aegis Financial Lines with Former Hanover Insurance Group Leader and Achieves Lloyd's Coverholder Status

NEW YORK--(BUSINESS WIRE)--Aegis Financial Lines, a division of Aegis General Insurance Agency, in partnership with sister company K2 Financial announces today the approval of their official coverhold...

7 weeks ago - Business Wire

The Hanover Appoints Mina S. Rona President of Technology and Life Sciences

WORCESTER, Mass. , Jan. 4, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the appointment of Mina S.

7 weeks ago - PRNewsWire

The Hanover Insurance Group, Inc. to Issue Fourth Quarter Financial Results on January 31

WORCESTER, Mass. , Dec. 19, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its fourth quarter and full-year financial results after the market closes on Wednesday,...

2 months ago - PRNewsWire

The Hanover Recognized By Newsweek as Most Responsible Company; Earns Top Score in Human Rights Campaign Foundation's Corporate Equality Index

WORCESTER, Mass. , Dec. 18, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) recently was recognized by Newsweek as one of America's Most Responsible Companies for the third consecut...

2 months ago - PRNewsWire

The Hanover Insurance Group, Inc. Increases Quarterly Dividend to $0.85 Per Common Share

WORCESTER, Mass. , Dec. 4, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has approved an increase in the company's quarterly dividend to $0....

3 months ago - PRNewsWire

The Hanover Appoints Stephen P. Marohn President, Specialty Property and Casualty

WORCESTER, Mass. , Nov. 20, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Stephen P.

3 months ago - PRNewsWire

The Hanover Reports Third Quarter Results

Third  Quarter Highlights Combined ratio of 104.4%; combined ratio, excluding catastrophes(1), of 90.7% Catastrophe losses of $195.8 million, or 13.7 points of the combined ratio, driven by severe con...

4 months ago - PRNewsWire

The Hanover's 2023 Report Finds Businesses Lack Protection and Recovery Plans Against Cyber Attacks

Only 7% of small to mid-sized businesses think it's very likely that they will experience a cyber incident in the next 12 months WORCESTER, Mass. , Oct. 23, 2023 /PRNewswire/ -- The Hanover Insurance ...

4 months ago - PRNewsWire

The Hanover Estimates Third Quarter Catastrophe Losses and Preliminary Results

WORCESTER, Mass. , Oct. 18, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced a preliminary estimate for third quarter 2023 catastrophe losses of $195.8 million, befor...

4 months ago - PRNewsWire

The Hanover Finds Homeowners Vulnerable to the Threat of Water-Related Damage

Only 17% of homeowners have water sensors despite the high risk of loss WORCESTER, Mass. , Sept. 28, 2023 /PRNewswire/ -- New research highlights the lack of homeowner preparedness for non-weather-rel...

5 months ago - PRNewsWire

The Hanover Insurance Group, Inc. to Issue Third Quarter Financial Results on November 1

WORCESTER, Mass. , Sept. 27, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its third quarter financial results after the market closes on Wednesday, November 1.

5 months ago - PRNewsWire

The Hanover Recognized on TIME's List of World's Best Companies; Newsweek's List of America's Best Customer Service Organizations

WORCESTER, Mass. , Sept. 13, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) recently was recognized by TIME as one of the World's Best Companies and by Newsweek as one of America's...

6 months ago - PRNewsWire

The Hanover Appoints Stephanie E. Seibold and Arthur J.

WORCESTER, Mass. , Sept. 7, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Stephanie E.

6 months ago - PRNewsWire

The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.81 Per Common Share

WORCESTER, Mass. , Sept. 5, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.81 per share on the issued...

6 months ago - PRNewsWire

Insurance companies in the spotlight as Hurricane Idalia approaches Florida

Stocks with exposure to the insurance and reinsurance businesses were in the spotlight on Wednesday as Florida's upper Gulf Coast prepared for the landfall of Hurricane Idalia as a Category 4 storm. P...

Other symbols: ACGLAJGALLAONCBEGPGR
6 months ago - Market Watch

The Hanover Insurance Group to Present at the Keefe, Bruyette & Woods Insurance Conference on September 7

WORCESTER, Mass. , Aug. 22, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C.

6 months ago - PRNewsWire

The Hanover Appoints Charles F. Hamann to President of Small Commercial

WORCESTER, Mass. , Aug. 17, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has appointed Charles (Chip) F.

6 months ago - PRNewsWire

The Hanover Reports Second Quarter Results

Second  Quarter Highlights Combined ratio of 111.3%; combined ratio, excluding catastrophes(1), of 92.8% Catastrophe losses of $261.6 million, or 18.5 points of the combined ratio, driven by several c...

7 months ago - PRNewsWire

2 Butchered British Stocks That May Offer Value

The United Kingdom is known for many things: the Royal Family, tea and, of course, “cheap” stocks. For example, the main index in the U.K., the FTSE 100, has a trailing 12-month price-earnings ratio o...

7 months ago - GuruFocus

The Hanover Estimates Second Quarter Catastrophe Losses and Preliminary Results

WORCESTER, Mass. , July 20, 2023 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced a preliminary estimate for second quarter catastrophe losses of approximately $262 millio...

7 months ago - PRNewsWire