How to buy The Hanover Insurance Group stock | $134.34

The Hanover Insurance Group Inc is an insurance-property & casualty business based in the US. The Hanover Insurance Group shares (THG) are listed on the NYSE and all prices are listed in US Dollars. The Hanover Insurance Group employs 4,300 staff and has a trailing 12-month revenue of around 0.00.

The Hanover Insurance Group stock price (NYSE: THG)

Use our graph to track the performance of THG stocks over time.

The Hanover Insurance Group shares at a glance

• Key figures

Information last updated 2021-10-11.

Latest market close	$134.34
52-week range	$91.18 - $142.34
50-day moving average	$135.32
200-day moving average	$136.32
Wall St. target price	$151.67
PE ratio	10.0258
Dividend yield	$2.75 (2.01%)
Earnings per share (TTM)	$13.59

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Is it a good time to buy The Hanover Insurance Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

The Hanover Insurance Group price performance over time

Historical closes compared with the close of $134.34 from 2021-10-15

1 week (2021-10-08)	-1.39%
1 month (2021-09-17)	2.75%
3 months (2021-07-16)	-1.86%
6 months (2021-04-16)	0.18%

1 year (2020-10-16)	37.93%
2 years (2019-10-17)	-1.25%
3 years (2018-10-17)	18.25%
5 years (2016-10-17)	70.07%

Is The Hanover Insurance Group under- or over-valued?

Valuing The Hanover Insurance Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of The Hanover Insurance Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

The Hanover Insurance Group's P/E ratio

The Hanover Insurance Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, The Hanover Insurance Group shares trade at around 10x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

The Hanover Insurance Group's EBITDA

The Hanover Insurance Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $688 million.

The EBITDA is a measure of a The Hanover Insurance Group's overall financial performance and is widely used to measure a its profitability.

The Hanover Insurance Group financials

Revenue TTM	$5.1 billion
Operating margin TTM	13.1%
Gross profit TTM	$1 billion
Return on assets TTM	3.16%
Return on equity TTM	16.31%
Profit margin	9.85%
Book value	$88.10
Market capitalisation	$4.9 billion

TTM: trailing 12 months

Shorting The Hanover Insurance Group shares

There are currently 410,684 The Hanover Insurance Group shares held short by investors – that's known as The Hanover Insurance Group's "short interest". This figure is 13.3% down from 473,887 last month.

There are a few different ways that this level of interest in shorting The Hanover Insurance Group shares can be evaluated.

The Hanover Insurance Group's "short interest ratio" (SIR)

The Hanover Insurance Group's "short interest ratio" (SIR) is the quantity of The Hanover Insurance Group shares currently shorted divided by the average quantity of The Hanover Insurance Group shares traded daily (recently around 110102.94906166). The Hanover Insurance Group's SIR currently stands at 3.73. In other words for every 100,000 The Hanover Insurance Group shares traded daily on the market, roughly 3730 shares are currently held short.

However The Hanover Insurance Group's short interest can also be evaluated against the total number of The Hanover Insurance Group shares, or, against the total number of tradable The Hanover Insurance Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case The Hanover Insurance Group's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 The Hanover Insurance Group shares in existence, roughly 10 shares are currently held short) or 0.0116% of the tradable shares (for every 100,000 tradable The Hanover Insurance Group shares, roughly 12 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against The Hanover Insurance Group.

Find out more about how you can short The Hanover Insurance Group stock.

The Hanover Insurance Group share dividends

Dividend payout ratio: 28.03% of net profits

Recently The Hanover Insurance Group has paid out, on average, around 28.03% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.06% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), The Hanover Insurance Group shareholders could enjoy a 2.06% return on their shares, in the form of dividend payments. In The Hanover Insurance Group's case, that would currently equate to about $2.75 per share.

While The Hanover Insurance Group's payout ratio might seem fairly standard, it's worth remembering that The Hanover Insurance Group may be investing much of the rest of its net profits in future growth.

The Hanover Insurance Group's most recent dividend payout was on 23 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 8 September 2021 (the "ex-dividend date").

The Hanover Insurance Group share price volatility

Over the last 12 months, The Hanover Insurance Group's shares have ranged in value from as little as $91.1842 up to $142.3401. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while The Hanover Insurance Group's is 0.9667. This would suggest that The Hanover Insurance Group's shares are less volatile than average (for this exchange).

The Hanover Insurance Group overview

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, and other miscellaneous coverages. The Other segment offers investment management and advisory services to institutions, pension funds, and other organizations. The company markets its products and services through independent agents and brokers.

Frequently asked questions

What percentage of The Hanover Insurance Group is owned by insiders or institutions?
Currently 0.805% of The Hanover Insurance Group shares are held by insiders and 87.298% by institutions. How many people work for The Hanover Insurance Group?
Latest data suggests 4,300 work at The Hanover Insurance Group. When does the fiscal year end for The Hanover Insurance Group?
The Hanover Insurance Group's fiscal year ends in December. Where is The Hanover Insurance Group based?
The Hanover Insurance Group's address is: 440 Lincoln Street, Worcester, MA, United States, 01653 What is The Hanover Insurance Group's ISIN number?
The Hanover Insurance Group's international securities identification number is: US4108671052 What is The Hanover Insurance Group's CUSIP number?
The Hanover Insurance Group's Committee on Uniform Securities Identification Procedures number is: 019754100