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Financial Services - Insurance - Property & Casualty - NYSE - US
$ 163.48
0.858 %
$ 5.89 B
Market Cap
16.22
P/E
1. INTRINSIC VALUE

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 three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers' compensation insurance products, as well as management and professional liability, marine, specialty industrial and commercial property, monoline general liability, surety, umbrella, fidelity, crime, and other commercial coverages. The Personal Lines segment provides 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.[ Read More ]

The intrinsic value of one THG stock under the base case scenario is HIDDEN Compared to the current market price of 163 USD, The Hanover Insurance Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart THG

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FINANCIALS
5.99 B REVENUE
9.60%
48 M OPERATING INCOME
-72.93%
33.5 M NET INCOME
-71.12%
362 M OPERATING CASH FLOW
-49.92%
-228 M INVESTING CASH FLOW
54.98%
-122 M FINANCING CASH FLOW
13.16%
1.57 B REVENUE
1.86%
102 M OPERATING INCOME
70.45%
102 M NET INCOME
152.97%
395 M OPERATING CASH FLOW
182.94%
-278 M INVESTING CASH FLOW
-634.83%
-26.7 M FINANCING CASH FLOW
6.64%
Balance Sheet Decomposition The Hanover Insurance Group, Inc.
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Current Assets 2.02 B
Cash & Short-Term Investments 316 M
Receivables 1.71 B
Other Current Assets 0
Non-Current Assets 778 M
Long-Term Investments 426 M
PP&E 0
Other Non-Current Assets 352 M
Current Liabilities 6.09 B
Accounts Payable 64.3 M
Short-Term Debt 0
Other Current Liabilities 6.03 B
Non-Current Liabilities 11.4 B
Long-Term Debt 783 M
Other Non-Current Liabilities 10.6 B
EFFICIENCY
Earnings Waterfall The Hanover Insurance Group, Inc.
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Revenue 5.99 B
Cost Of Revenue -18 M
Gross Profit 6.01 B
Operating Expenses 5.96 B
Operating Income 48 M
Other Expenses 14.5 M
Net Income 33.5 M
RATIOS
100.30% GROSS MARGIN
100.30%
0.80% OPERATING MARGIN
0.80%
0.59% NET MARGIN
0.59%
1.43% ROE
1.43%
0.24% ROA
0.24%
1.20% ROIC
1.20%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis The Hanover Insurance Group, Inc.
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Net Income 33.5 M
Depreciation & Amortization 6.3 M
Capital Expenditures -11.9 M
Stock-Based Compensation 31.1 M
Change in Working Capital 272 M
Others 517 M
Free Cash Flow 350 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets The Hanover Insurance Group, Inc.
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Wall Street analysts predict an average 1-year price target for THG of $156 , with forecasts ranging from a low of $126 to a high of $170 .
THG Lowest Price Target Wall Street Target
126 USD -22.93%
THG Average Price Target Wall Street Target
156 USD -4.58%
THG Highest Price Target Wall Street Target
170 USD 3.99%
4. DIVIDEND ANALYSIS
0.57% DIVIDEND YIELD
0.85 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership The Hanover Insurance Group, Inc.
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Sold
0-3 MONTHS
7.85 M USD 4
3-6 MONTHS
148 K USD 1
6-9 MONTHS
248 K USD 2
9-12 MONTHS
65.6 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
6 days ago
Nov 11, 2024
Sell 226 K USD
BARNES WARREN E.
SVP & Princpl. Accntg. Officer
- 1392
162.23 USD
1 week ago
Nov 08, 2024
Sell 942 K USD
FARBER JEFFREY M
Executive Vice President
- 5886
160.05 USD
6 days ago
Nov 11, 2024
Sell 70.5 K USD
FARBER JEFFREY M
Executive Vice President
- 438
160.976 USD
6 days ago
Nov 11, 2024
Sell 665 K USD
FARBER JEFFREY M
Executive Vice President
- 4098
162.25 USD
6 days ago
Nov 11, 2024
Sell 257 K USD
FARBER JEFFREY M
Executive Vice President
- 1578
163.03 USD
4 weeks ago
Oct 18, 2024
Sell 1.86 M USD
FARBER JEFFREY M
Executive Vice President
- 12000
155.0788 USD
1 month ago
Oct 16, 2024
Sell 237 K USD
FARBER JEFFREY M
Executive Vice President
- 1574
150.489 USD
1 month ago
Oct 16, 2024
Sell 170 K USD
FARBER JEFFREY M
Executive Vice President
- 1125
151.4177 USD
1 month ago
Oct 10, 2024
Sell 22.7 K USD
FARBER JEFFREY M
Executive Vice President
- 151
150.0066 USD
1 month ago
Oct 15, 2024
Sell 677 K USD
FARBER JEFFREY M
Executive Vice President
- 4500
150.3476 USD
1 month ago
Oct 15, 2024
Sell 45.4 K USD
FARBER JEFFREY M
Executive Vice President
- 300
151.27 USD
1 month ago
Oct 01, 2024
Sell 45 K USD
FARBER JEFFREY M
Executive Vice President
- 300
150.025 USD
2 months ago
Sep 17, 2024
Sell 45 K USD
FARBER JEFFREY M
Executive Vice President
- 300
150 USD
1 month ago
Sep 18, 2024
Sell 383 K USD
FARBER JEFFREY M
Executive Vice President
- 2550
150.04 USD
1 month ago
Sep 19, 2024
Sell 180 K USD
FARBER JEFFREY M
Executive Vice President
- 1200
150.11 USD
2 months ago
Aug 30, 2024
Sell 282 K USD
LAVEY RICHARD W
Executive Vice President
- 1950
144.58 USD
2 months ago
Aug 30, 2024
Sell 181 K USD
LAVEY RICHARD W
Executive Vice President
- 1243
145.41 USD
2 months ago
Aug 29, 2024
Sell 1.22 M USD
LAVEY RICHARD W
Executive Vice President
- 8468
144.01 USD
2 months ago
Aug 30, 2024
Sell 24.2 K USD
LAVEY RICHARD W
Executive Vice President
- 165
146.48 USD
2 months ago
Aug 26, 2024
Sell 69.1 K USD
BARNES WARREN E.
SVP & Princpl. Accntg. Officer
- 500
138.25 USD
2 months ago
Aug 21, 2024
Sell 253 K USD
LANE KATHY S
Director
- 1884
134.23 USD
5 months ago
May 24, 2024
Sell 148 K USD
Carlin Jane D
Director
- 1119
132.2491 USD
6 months ago
May 07, 2024
Sell 136 K USD
Lee Willard T
Executive Vice President
- 1000
135.94 USD
8 months ago
Feb 27, 2024
Sell 112 K USD
BARNES WARREN E.
SVP & Princpl. Accntg. Officer
- 840
133.87 USD
9 months ago
Feb 02, 2024
Sell 65.6 K USD
BARNES WARREN E.
SVP & Princpl. Accntg. Officer
- 500
131.144 USD
1 year ago
Aug 07, 2023
Sell 142 K USD
Carlin Jane D
Director
- 1246
114.0366 USD
1 year ago
Mar 01, 2023
Sell 119 K USD
BARNES WARREN E.
SVP &Princpl. Accntg. Officer
- 862
138.51 USD
2 years ago
Nov 04, 2022
Sell 252 K USD
Welzenbach Mark Joseph
Executive Vice President
- 1773
142.036 USD
2 years ago
Nov 04, 2022
Sell 129 K USD
Welzenbach Mark Joseph
Executive Vice President
- 900
143.0183 USD
2 years ago
Nov 04, 2022
Sell 380 K USD
Welzenbach Mark Joseph
Executive Vice President
- 2673
142.21 USD
2 years ago
Aug 19, 2022
Sell 129 K USD
Carlin Jane D
director:
- 946
136.645 USD
2 years ago
Apr 21, 2022
Sell 143 K USD
Roche John C
President and CEO
- 922
155.2416 USD
2 years ago
Mar 28, 2022
Sell 680 K USD
Roche John C
President and CEO
- 4533
150.0894 USD
2 years ago
Mar 25, 2022
Sell 410 K USD
Roche John C
President and CEO
- 2725
150.474 USD
2 years ago
Mar 17, 2022
Sell 902 K USD
Roche John C
President and CEO
- 6193
145.651 USD
2 years ago
Mar 17, 2022
Sell 156 K USD
Roche John C
President and CEO
- 1065
146.2091 USD
2 years ago
Mar 07, 2022
Sell 90.7 K USD
BARNES WARREN E.
SVP &Princpl. Accntg. Officer
- 649
139.74 USD
2 years ago
Mar 02, 2022
Sell 472 K USD
LAVEY RICHARD W
Executive Vice President
- 3341
141.155 USD
2 years ago
Mar 02, 2022
Sell 834 K USD
LAVEY RICHARD W
Executive Vice President
- 5912
141.0261 USD
2 years ago
Feb 28, 2022
Sell 97.4 K USD
BARNES WARREN E.
SVP & Princpl. Accntg. Officer
- 696
140 USD
2 years ago
Feb 28, 2022
Sell 283 K USD
BARNES WARREN E.
SVP & Princpl. Accntg. Officer
- 2019
140 USD
2 years ago
Feb 04, 2022
Sell 1.44 M USD
Welzenbach Mark Joseph
Executive Vice President
- 10377
138.5 USD
2 years ago
Feb 04, 2022
Sell 658 K USD
Welzenbach Mark Joseph
Executive Vice President
- 4686
140.4246 USD
2 years ago
Nov 30, 2021
Bought 434 K USD
FARBER JEFFREY M
Executive Vice President
+ 3506
123.842 USD
2 years ago
Nov 30, 2021
Bought 184 K USD
FARBER JEFFREY M
Executive Vice President
+ 1494
123.0187 USD
3 years ago
Aug 20, 2021
Sell 140 K USD
Carlin Jane D
Director
- 980
142.6612 USD
3 years ago
Aug 11, 2021
Sell 703 K USD
LAVEY RICHARD W
Executive Vice President
- 5000
140.685 USD
3 years ago
Aug 06, 2021
Sell 909 K USD
Roche John C
President and CEO
- 6684
136.0592 USD
3 years ago
Aug 09, 2021
Sell 690 K USD
Roche John C
President and CEO
- 5000
138 USD
3 years ago
Aug 06, 2021
Sell 343 K USD
LAVEY RICHARD W
Executive Vice President
- 2500
137.3432 USD
3 years ago
Aug 02, 2021
Sell 522 K USD
Salvatore Bryan J
Executive Vice President
- 3871
134.8326 USD
3 years ago
Aug 02, 2021
Sell 125 K USD
Salvatore Bryan J
Executive Vice President
- 920
135.8973 USD
3 years ago
Aug 02, 2021
Sell 110 K USD
Salvatore Bryan J
Executive Vice President
- 800
136.9174 USD
3 years ago
Jul 30, 2021
Sell 828 K USD
Welzenbach Mark Joseph
Executive Vice President
- 6065
136.5303 USD
3 years ago
Jun 01, 2021
Sell 599 K USD
Salvatore Bryan J
Executive Vice President
- 4291
139.5369 USD
3 years ago
Jun 01, 2021
Sell 182 K USD
Salvatore Bryan J
Executive Vice President
- 1300
140.2435 USD
3 years ago
May 14, 2021
Sell 356 K USD
Tripp Ann Kirkpatrick
Executive Vice President
- 2500
142.5613 USD
3 years ago
May 03, 2021
Sell 649 K USD
Welzenbach Mark Joseph
Executive Vice President
- 4645
139.8238 USD
3 years ago
May 03, 2021
Sell 399 K USD
Tripp Ann Kirkpatrick
Executive Vice President
- 2833
141.0094 USD
3 years ago
May 03, 2021
Sell 182 K USD
Lee Willard T
Executive Vice President
- 1299
140.23 USD
3 years ago
May 03, 2021
Sell 197 K USD
Lee Willard T
Executive Vice President
- 1408
140.202 USD
3 years ago
May 03, 2021
Sell 157 K USD
BARNES WARREN E.
SVP & Princpl. Accntg. Officer
- 1127
139.0446 USD
3 years ago
May 03, 2021
Sell 116 K USD
BARNES WARREN E.
SVP & Princpl. Accntg. Officer
- 827
140.2279 USD
3 years ago
May 03, 2021
Sell 14.1 K USD
BARNES WARREN E.
SVP & Princpl. Accntg. Officer
- 100
141 USD
3 years ago
May 03, 2021
Sell 141 USD
BARNES WARREN E.
SVP & Princpl. Accntg. Officer
- 1
141.02 USD
3 years ago
Mar 03, 2021
Sell 165 K USD
Lee Willard T
Senior Vice President
- 1370
120.391 USD
3 years ago
Mar 03, 2021
Sell 76.7 K USD
Lee Willard T
Senior Vice President
- 638
120.222 USD
3 years ago
Mar 02, 2021
Sell 209 K USD
Salvatore Bryan J
Executive Vice President
- 1752
119.3365 USD
3 years ago
Mar 02, 2021
Sell 461 K USD
Salvatore Bryan J
Executive Vice President
- 3840
120.0454 USD
3 years ago
Mar 02, 2021
Sell 76.1 K USD
BARNES WARREN E.
SVP & Princpl. Accntg. Officer
- 639
119.12 USD
7. News
The Hanover Insurance Group, Inc. (THG) Q3 2024 Earnings Call Transcript The Hanover Insurance Group, Inc. (THG) Q3 2024 Earnings Call Transcript seekingalpha.com - 2 weeks ago
Hanover Insurance (THG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates The headline numbers for Hanover Insurance (THG) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 weeks ago
Hanover Insurance Group (THG) Beats Q3 Earnings Estimates Hanover Insurance Group (THG) came out with quarterly earnings of $3.05 per share, beating the Zacks Consensus Estimate of $2.65 per share. This compares to earnings of $0.19 per share a year ago. zacks.com - 2 weeks ago
The Hanover Reports Excellent Third Quarter Net Income and Operating Income of $2.80 and $3.05 per Diluted Share, Respectively; Net and Operating Return on Equity of 15.0% and 14.4%, Respectively Third  Quarter Highlights Combined ratio of 95.5%; combined ratio, excluding catastrophes(1), of 88.3% Catastrophe losses of $105.9 million, or 7.2 points of the combined ratio Net premiums written increase of 4.2%* Renewal price increases(2) of 15.4% in Personal Lines, 12.9% in Core Commercial and 10.1% in Specialty Rate increases(2) of 14.4% in Personal Lines, 10.0% in Core Commercial and 7.6% in Specialty Loss and loss adjustment expense (LAE) ratio of 64.5%, 9.7 points below the prior-year quarter Current accident year loss and LAE ratio, excluding catastrophes(3), of 58.2%, 2.4 points below the prior-year quarter, led by strong improvement in Personal Lines Net investment income of $91.8 million, up 9.0% from the prior-year quarter, primarily due to higher bond reinvestment yields; net investment income from fixed maturities up 15.4% from the prior-year quarter Book value per share of $79.90, up 12.6% from June 30, 2024, driven by unrealized gains on the fixed maturity portfolio, as well as strong earnings WORCESTER, Mass. , Oct. 30, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today reported net income of $102.1 million, or $2.80 per diluted share, in the third quarter of 2024, compared to net income of $8.6 million, or $0.24 per diluted share, in the prior-year quarter. prnewswire.com - 2 weeks ago
Hanover Insurance Group (THG) Earnings Expected to Grow: Should You Buy? Hanover Insurance (THG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 weeks ago
The Best Financial Stocks to Buy Financial stocks play a critical role in the economy and are a key component of any well-rounded portfolio. kiplinger.com - 1 month ago
RLI Corp. and Hanover Insurance: Which P&C Insurer Has an Edge? Let's see how RLI and THG fare in terms of some of the key metrics. zacks.com - 1 month ago
THG Stock Trading at a Premium to Industry: Should You 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. zacks.com - 1 month ago
The Hanover Insurance: Q2 Improvement And Future Growth Indicators Hanover Insurance Group showed Q2 top and bottom-line growth as well as indicators of future growth and a positive analyst EPS consensus. The dividend yield of 2.3% beats key peers and the firm has a 5-year steady dividend growth history, and indicators of dividend sustainability supported by positive cash flow. The firm is exposed to a diversified, investment-grade asset portfolio that could be impacted by Fed decisions on interest rates. seekingalpha.com - 1 month ago
Why Hanover Insurance Group (THG) is a Great Dividend Stock Right Now 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? zacks.com - 1 month ago
Boohoo and THG Group shares have imploded: buy the dip? Boohoo (LON: BOO) and THG Group (LON: THG) shares have imploded in the past few years, costing investors billions of pounds. THG, formerly known as The Hut Group, tumbled to 50.75p, its lowest point since January 2023. invezz.com - 1 month ago
The Hanover Insurance Group, Inc. to Issue Third Quarter Financial Results on October 30 WORCESTER, Mass., Sept. 23, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) expects to issue its third quarter financial results after the market closes on Wednesday, October 30. prnewswire.com - 1 month ago
8. Profile Summary

The Hanover Insurance Group, Inc. THG

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COUNTRY US
INDUSTRY Insurance - Property & Casualty
MARKET CAP $ 5.89 B
Dividend Yield 0.57%
Description 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 three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers' compensation insurance products, as well as management and professional liability, marine, specialty industrial and commercial property, monoline general liability, surety, umbrella, fidelity, crime, and other commercial coverages. The Personal Lines segment provides 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 management services to institutions, 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.
Contact 440 Lincoln Street, Worcester, MA, 01653 https://www.hanover.com
IPO Date Oct. 11, 1995
Employees 4800
Officers Mr. Willard Ty-Lunn Lee Executive Vice President, Chief Information & Innovation Officer Ms. Oksana Lukasheva Senior Vice President of Corporate Finance Mr. Dennis Francis Kerrigan Jr. Executive Vice President, Assistant Secretary & Chief Legal Officer Mr. Bryan James Salvatore Executive Vice President & President of Specialty Mr. Warren Ellison Barnes Senior Vice President, Corporate Controller & Principal Accounting Officer Ms. Mina S. Rona President of Technology & Life Sciences Mr. Richard William Lavey Executive Vice President & President of Hanover Agency Markets Mr. John Conner Roche President, Chief Executive Officer & Director Ms. Lindsay France Greenfield Senior Vice President & Chief investment Officer Mr. Jeffrey Mark Farber Executive Vice President & Chief Financial Officer