The Hanover Insurance Group, Inc. (THG)
| Market Cap | 4.75B |
| Revenue (ttm) | 5.99B |
| Net Income (ttm) | 35.30M |
| Shares Out | 35.82M |
| EPS (ttm) | 0.93 |
| PE Ratio | 142.60 |
| Forward PE | 12.58 |
| Dividend | $3.40 (2.56%) |
| Ex-Dividend Date | Mar 14, 2024 |
| Volume | 196,012 |
| Open | 132.56 |
| Previous Close | 133.52 |
| Day's Range | 131.86 - 134.03 |
| 52-Week Range | 103.83 - 138.00 |
| Beta | 0.67 |
| Analysts | Buy |
| Price Target | 143.80 (+8.43%) |
| Earnings Date | May 1, 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 property and casualty, such as prog... [Read more]
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 StatementsAnalyst Forecast
According to 6 analysts, the average rating for THG stock is "Buy." The 12-month stock price forecast is $143.8, which is an increase of 8.43% from the latest price.
News
The Hanover Reveals Results of its 2024 Small Business Risk Report: A Focus on Workers' Compensation
Research offers insights into small business owners' insurance buying habits and risk exposures related to workers' compensation WORCESTER, Mass. , April 22, 2024 /PRNewswire/ -- With workers' compens...
The Hanover Insurance Group, Inc. to Hold Annual Meeting of Shareholders on May 14
WORCESTER, Mass. , April 15, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) will hold its annual meeting of shareholders on Tuesday, May 14, 2024, at 9:00 a.m.
Russell Innovation Center for Entrepreneurs and The Hanover Announce Exclusive Insurance-Based Programming
New programming designed to support Black entrepreneurs WORCESTER, Mass. , April 3, 2024 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE) and The Hanover Insurance Group, Inc. (N...
The Hanover Insurance Group, Inc. to Issue First Quarter Financial Results on May 1
WORCESTER, Mass. , March 19, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its first quarter financial results after the market closes on Wednesday, May 1, 2024.
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...
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...
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 ...
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.
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...
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...
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.
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,...
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...
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....
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.
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...
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 ...
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...
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...
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.
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...
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.
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...
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...
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.