Hanover Insurance
THG

$145.56

0.29%

Market Cap: $5.24B

About: The Hanover Insurance Group Inc is a holding company whose primary business is offering property and casualty insurance products and services. The company markets itself through independent agents and brokers in the United States while conducting business internationally through a wholly owned subsidiary, Chaucer Holdings Limited, domiciled in the United Kingdom. The company conducts business operations through three operating segments: Commercial Lines, Personal Lines, and Other. The company operates an investment portfolio that is exposed to fixed-income securities.

Employees: 4,800

Financials Fire, Marine & Casualty Insurance

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

82% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 28

14.61% more ownership

Funds ownership: 72.97% [Q1] → 87.58% (+14.61%) [Q2]

7% more funds holding

Funds holding: 342 [Q1] → 365 (+23) [Q2]

3% more repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 127

8% less capital invested

Capital invested by funds: $4.27B [Q1] → $3.95B (-$322M) [Q2]

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Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$144

1%

downside

Avg. target

$156

7%

upside

High target

$162

11%

upside

4 analyst ratings

2 positive

50%

2 neutral

50%

0 negative

0%

Keefe, Bruyette & Woods Meyer Shields 79% 1-year accuracy 62 / 78 met price target	1%downside $144	Market Perform Maintained	13 Aug 2024
B of A Securities Grace Carter 83% 1-year accuracy 5 / 6 met price target	9%upside $158	Neutral Maintained	6 Aug 2024
Piper Sandler Paul Newsome 89% 1-year accuracy 50 / 56 met price target	11%upside $162	Overweight Maintained	2 Aug 2024
JMP Securities Matthew Carletti 78% 1-year accuracy 46 / 59 met price target	10%upside $160	Market Outperform Maintained	1 Aug 2024

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Financial journalist opinion

Based on 5 articles about THG published over the past 30 days

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

WORCESTER, Mass. , Sept. 3, 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 and outstanding common stock of the company, payable September 27, 2024, to shareholders of record at the close of business on September 13, 2024.

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

Zacks Investment Research

Hanover Insurance Group Stock Near 52-Week High: Time to Buy?

THG stands to gain from growth in the Core Commercial and Specialty segments, stable retention, better pricing, strong market presence and solid capital position.

Hanover Insurance Group Stock Near 52-Week High: Time to Buy?

The Hanover Insurance Group to Present at theKeefe, Bruyette & Woods Insurance Conference on September 5

WORCESTER, Mass. , Aug. 22, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C.

The Hanover Insurance Group to Present at theKeefe, Bruyette & Woods Insurance Conference on September 5

Zacks Investment Research

Hanover Insurance Group (THG) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Hanover Insurance Group (THG) have what it takes?

Hanover Insurance Group (THG) is a Top Dividend Stock Right Now: Should You Buy?

The Hanover Enhances Workers' Compensation Claim Services with Expanded Work Safe Program

WORCESTER, Mass. , Aug. 15, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced the expansion of Hanover Work Safe, a portfolio of value-added services designed to deliver a personalized approach to worker safety.

The Hanover Enhances Workers' Compensation Claim Services with Expanded Work Safe Program

Zacks Investment Research

Hanover Insurance Group (THG) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Hanover Insurance Group (THG) have what it takes?

Hanover Insurance Group (THG) Could Be a Great Choice

The Hanover Insurance Group, Inc (THG) Q2 2024 Earnings Call Transcript

The Hanover Insurance Group, Inc (NYSE:THG ) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Oksana Lukasheva - Senior Vice President of Corporate Finance John Roche - Chief Executive Officer & President Jeff Farber - Chief Financial Officer Richard Lavey - Executive VP & President of Hanover Agency Markets Bryan Salvatore - Executive VP & President of Specialty Conference Call Participants Michael Phillips - Oppenheimer Mike Zaremski - BMO Paul Newsome - Piper Sandler Grace Carter - Bank of America Meyer Shields - KBW Bob Farnam - Janney Operator Good day, and welcome to the Hanover Insurance Group's Second Quarter Earnings Conference Call. My name is Betsy, and I'll be your operator for today's call.

The Hanover Insurance Group, Inc (THG) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Compared to Estimates, Hanover Insurance (THG) Q2 Earnings: A Look at Key Metrics

Although the revenue and EPS for Hanover Insurance (THG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Hanover Insurance (THG) Q2 Earnings: A Look at Key Metrics

Zacks Investment Research

Hanover Insurance Group (THG) Meets Q2 Earnings Estimates

Hanover Insurance Group (THG) came out with quarterly earnings of $1.88 per share, in line with the Zacks Consensus Estimate. This compares to loss of $1.91 per share a year ago.

Hanover Insurance Group (THG) Meets Q2 Earnings Estimates

The Hanover Reports Strong Second Quarter Net Income and Operating Income of $1.12 and $1.88 per Diluted Share, Respectively

Second Quarter Highlights Combined ratio of 99.2%; combined ratio, excluding catastrophes(1), of 88.5% Catastrophe losses of $157.1 million, or 10.7 points of the combined ratio Net premiums written increase of 5.1%* Renewal price increases(2) of 18.5% in Personal Lines, 11.7% in Core Commercial and 11.7% in Specialty Rate increases(2) of 16.6% in Personal Lines, 9.3% in Core Commercial and 8.2% in Specialty Loss and loss adjustment expense (LAE) ratio of 68.4%, 12.3 points below the prior-year quarter Current accident year loss and LAE ratio, excluding catastrophes(3), of 58.9%, 3.4 points below the prior-year quarter, with improvement in each major segment Net investment income of $90.4 million, up 3.2% from the prior-year quarter; excluding partnership income(4), net investment income grew 19.5% Book value per share of $70.96, up 1.1% from March 31, 2024, driven by earnings in the quarter, net of dividends WORCESTER, Mass. , July 31, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $40.5 million, or $1.12 per diluted share, in the second quarter of 2024, compared to a net loss of $69.2 million, or $1.94 per basic share, in the prior-year quarter.

The Hanover Reports Strong Second Quarter Net Income and Operating Income of $1.12 and $1.88 per Diluted Share, Respectively

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