Hanover Insurance
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
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1,538% more call options, than puts
Call options by funds: $3.05M | Put options by funds: $186K
137% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 27
21% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 121
7% more capital invested
Capital invested by funds: $4.59B [Q3] → $4.9B (+$310M) [Q4]
7% more funds holding
Funds holding: 371 [Q3] → 396 (+25) [Q4]
0.63% more ownership
Funds ownership: 87.62% [Q3] → 88.26% (+0.63%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$170
9%
upside
Avg. target
$176
13%
upside
High target
$180
15%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
Keefe, Bruyette & Woods Meyer Shields 62% 1-year accuracy 69 / 112 met price target | 14%upside $179 | Market Perform Maintained | 10 Feb 2025 |
Morgan Stanley Bob Huang 72% 1-year accuracy 13 / 18 met price target | 9%upside $170 | Equal-Weight Maintained | 6 Feb 2025 |
BMO Capital Michael Zaremski 71% 1-year accuracy 17 / 24 met price target | 15%upside $180 | Outperform Maintained | 19 Dec 2024 |
Financial journalist opinion
Based on 9 articles about THG published over the past 30 days
Positive
Zacks Investment Research
18 hours ago
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?
Neutral
Seeking Alpha
2 weeks ago
The Hanover Insurance Group, Inc. (THG) Q4 2024 Earnings Call Transcript
The Hanover Insurance Group, Inc. (NYSE:THG ) Q4 2024 Earnings Conference Call February 5, 2025 10:00 AM ET Company Participants Oksana Lukasheva - Senior Vice President, Corporate Finance Jack Roche - President & Chief Executive Officer Jeff Farber - Chief Financial Officer Dick Lavey - President, Agency Markets Bryan Salvatore - President, Specialty Lines Conference Call Participants Bob Huang - Morgan Stanley Michael Phillips - Oppenheimer Paul Newsome - Piper Sandler Meyer Shields - KBW Bob Farnam - Janney Operator Good day, and welcome to The Hanover Insurance Group's Fourth Quarter of 2024 Earnings Conference Call. My name is Joe and I will be your operator for today's call.
Positive
Zacks Investment Research
2 weeks ago
Are You Looking for a High-Growth Dividend Stock?
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?
Positive
Zacks Investment Research
2 weeks ago
Hanover Insurance (THG) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Hanover Insurance (THG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
2 weeks ago
Hanover Insurance Group (THG) Q4 Earnings Beat Estimates
Hanover Insurance Group (THG) came out with quarterly earnings of $5.32 per share, beating the Zacks Consensus Estimate of $3.45 per share. This compares to earnings of $3.13 per share a year ago.
Neutral
PRNewsWire
2 weeks ago
The Hanover Reports Record Fourth Quarter Net Income and Operating Income of $4.59 and $5.32 per Diluted Share, Respectively; Full Year Net Income and Operating Income of $11.70 and $13.34 per Diluted Share, Respectively
Fourth Quarter Highlights Net and operating return on equity(1) of 23.5% and 24.4%, respectively Combined ratio of 89.2%; combined ratio, excluding catastrophes(2), of 87.5% Catastrophe losses of $26.0 million, or 1.7 points of the combined ratio Net premiums written increase of 7.4%* Renewal price increases(3) of 14.2% in Personal Lines, 11.8% in Core Commercial, and 9.5% in Specialty Rate increases(3) of 13.1% in Personal Lines, 9.2% in Core Commercial, and 6.1% in Specialty Loss and loss adjustment expense (LAE) ratio of 56.9%, 6.7 points below the prior-year quarter Current accident year loss and LAE ratio, excluding catastrophes(4), of 56.9%, 3.3 points below the prior-year quarter, led by outstanding improvement in Personal Lines Net investment income of $100.7 million, up 23.4% from the prior-year quarter On December 2, 2024, the Board of Directors approved an increase of 5.9% to the regular quarterly dividend Full Year Highlights Net and operating return on equity of 16.1% and 15.8%, respectively Combined ratio of 94.8%; combined ratio, excluding catastrophes, of 88.4% Catastrophe losses of $375.9 million, or 6.4 points of the combined ratio Net premiums written of $6.1 billion, an increase of 4.7% Loss and LAE ratio of 63.5%, 9.5 points below the prior year Current accident year loss and LAE ratio, excluding catastrophes, of 58.2%, 2.9 points below the prior year Net investment income of $372.6 million, up 12.2% from 2023, driven primarily by higher bond reinvestment rates and higher cashflows, partially offset by lower partnership income; net investment income from fixed maturities up 14.5% in 2024 Book value per share increased 14.9% from December 31, 2023; excluding net unrealized depreciation on fixed maturity investments, net of tax, book value per share(5) increased 10.4% WORCESTER, Mass. , Feb. 4, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $167.9 million, or $4.59 per diluted share, in the fourth quarter of 2024, compared to $107.9 million, or $2.98 per diluted share, in the prior-year quarter.
Neutral
PRNewsWire
3 weeks ago
The Hanover and its Employees Contribute Over $1.5 Million to Nonprofits Across the Country
WORCESTER, Mass. , Jan. 29, 2025 /PRNewswire/ -- Through its annual giving campaign, The Hanover Insurance Group, Inc. (NYSE: THG) and its employees raised over $1.5 million for nonprofit organizations across the country, including United Way, Feeding America, Boys & Girls Clubs of America, American Red Cross and Insurance Industry Charitable Foundation.
Neutral
PRNewsWire
3 weeks ago
The Hanover Insurance Group, Inc. to Present at the Bank of America Securities 2025 Financial Services Conference
WORCESTER, Mass. , Jan. 28, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced John C.
Positive
Zacks Investment Research
3 weeks ago
Hanover Insurance Group (THG) Earnings Expected to Grow: Should You Buy?
Hanover Insurance (THG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
PRNewsWire
1 month ago
The Hanover Recognized by Newsweek and the Human Rights Campaign Foundation
WORCESTER, Mass. , Jan. 16, 2025 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) recently has been recognized by Newsweek as one of America's Most Responsible Companies and by the Human Rights Campaign Foundation with a score of 100 on its Corporate Equality Index.
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