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How to buy The Hanover Insurance Group stock | 117.56

Own The Hanover Insurance Group stock in just a few minutes.

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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 USD$4.8 billion.

How to buy shares in The Hanover Insurance Group

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for The Hanover Insurance Group. Find the stock by name or ticker symbol: THG. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until The Hanover Insurance Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$117.56, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of The Hanover Insurance Group, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of The Hanover Insurance Group. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted The Hanover Insurance Group's share price?

Since the stock market crash in March caused by coronavirus, The Hanover Insurance Group's share price has had significant negative movement.

Its last market close was USD$117.56, which is 14.00% down on its pre-crash value of USD$136.7 and 56.52% up on the lowest point reached during the March crash when the shares fell as low as USD$75.11.

If you had bought USD$1,000 worth of The Hanover Insurance Group shares at the start of February 2020, those shares would have been worth USD$600.75 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$844.08.

The Hanover Insurance Group share price

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

The Hanover Insurance Group shares at a glance

Information last updated 2020-11-26.
Latest market close USD$117.56
52-week range USD$74.1717 - USD$142.026
50-day moving average USD$103.9331
200-day moving average USD$100.5046
Wall St. target price USD$122.75
PE ratio 14.6417
Dividend yield USD$2.6 (2.2%)
Earnings per share (TTM) USD$7.838

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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 $117.56 from 2020-11-16

1 week (2020-11-19) N/A
1 month (2020-10-30) 22.89%
3 months (2020-08-26) N/A
6 months (2020-05-26) N/A
1 year (2019-11-26) N/A
2 years (2018-11-26) N/A
3 years (2017-11-26) N/A
5 years (2015-11-26) N/A

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 15x. In other words, The Hanover Insurance Group shares trade at around 15x 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 USD$434.1 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 USD$4.8 billion
Operating margin TTM 8.68%
Gross profit TTM USD$1.1 billion
Return on assets TTM 2%
Return on equity TTM 9.81%
Profit margin 6.35%
Book value $84.358
Market capitalisation USD$4.3 billion

TTM: trailing 12 months

Shorting The Hanover Insurance Group shares

There are currently 390,501 The Hanover Insurance Group shares held short by investors – that's known as The Hanover Insurance Group's "short interest". This figure is 6.3% up from 367,367 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 233832.93413174). The Hanover Insurance Group's SIR currently stands at 1.67. In other words for every 100,000 The Hanover Insurance Group shares traded daily on the market, roughly 1670 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 0.0123% 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

61%

Dividend payout ratio: 61.22% of net profits

Recently The Hanover Insurance Group has paid out, on average, around 61.22% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.2% 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 2.2% return on their shares, in the form of dividend payments. In The Hanover Insurance Group's case, that would currently equate to about $2.6 per share.

The Hanover Insurance Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The Hanover Insurance Group's most recent dividend payout was on 25 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 10 September 2020 (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 $74.1717 up to $142.026. A popular way to gauge a stock's volatility is its "beta".

THG.US volatility(beta: 0.83)Avg. volatility(beta: 1.00)LowHigh

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 0.8286. 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 in three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, and workers' compensation, as well as management and professional liability, marine, general liability, specialty industrial and commercial property, mono-line 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 inland marine, umbrella, 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. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.

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