2-May-2024
Hanover Insurance (THG) Gets a Buy from Oppenheimer
TipRanks (Thu, 2-May 8:20 AM ET)
JMP Securities Keeps Their Buy Rating on Hanover Insurance (THG)
TipRanks (Thu, 2-May 1:46 AM ET)
KBW Remains a Hold on Hanover Insurance (THG)
TipRanks (Thu, 2-May 1:28 AM ET)
Hanover Insurance Non-GAAP EPS of $3.08 beats by $0.38, revenue of $1.55B beats by $70M
Seeking Alpha News (Wed, 1-May 5:36 PM ET)
PRNewswire (Wed, 1-May 4:05 PM ET)
The Hanover Reveals Results of its 2024 Small Business Risk Report: A Focus on Workers' Compensation
PRNewswire (Mon, 22-Apr 10:00 AM ET)
The Hanover Insurance Group, Inc. to Hold Annual Meeting of Shareholders on May 14
PRNewswire (Mon, 15-Apr 10:02 AM ET)
PRNewswire (Wed, 3-Apr 1:00 PM ET)
The Hanover Insurance Group, Inc. to Issue First Quarter Financial Results on May 1
PRNewswire (Tue, 19-Mar 10:00 AM ET)
The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.85 Per Common Share
PRNewswire (Mon, 26-Feb 3:53 PM ET)
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.
Hanover Insurance Group trades on the NYSE stock market under the symbol THG.
As of May 2, 2024, THG stock price declined to $130.68 with 381,048 million shares trading.
THG has a beta of 0.20, meaning it tends to be less sensitive to market movements. THG has a correlation of 0.02 to the broad based SPY ETF.
THG has a market cap of $4.68 billion. This is considered a Mid Cap stock.
Last quarter Hanover Insurance Group reported $1 billion in Revenue and $3.08 earnings per share. This fell short of revenue expectation by $-16 million and exceeded earnings estimates by $.37.
In the last 3 years, THG stock traded as high as $155.55 and as low as $103.83.
The top ETF exchange traded funds that THG belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.
THG has underperformed the market in the last year with a return of +12.1%, while the SPY ETF gained +23.2%. In the last 3 month period, THG fell short of the market, returning +0.1%, while SPY returned +3.6%. However, in the most recent 2 weeks THG has outperformed the stock market by returning +3.2%, while SPY returned +0.9%.
THG support price is $129.35 and resistance is $132.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that THG stock will trade within this expected range on the day.