Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy The Hanover Insurance Group (THG) stock

Learn how to easily invest in The Hanover Insurance Group stock.

The Hanover Insurance Group, Inc
NYSE: THG - USD
INSURANCE-PROPERTY & CASUALTY
$132.55
+$1.26 (+0.96%)

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.

How to buy shares in The Hanover Insurance Group

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – THG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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

Information last updated 2021-07-23.
Latest market close$140.31
52-week range$86.27 - $142.48
50-day moving average $136.32
200-day moving average $129.73
Wall St. target price$153.20
PE ratio 10.1805
Dividend yield $2.7 (2.06%)
Earnings per share (TTM) $13.02

Buy The Hanover Insurance Group shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $3.00 and $300 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
$0
Stocks, ETFs
N/A
$0 per month
Download and sign up with Public.com; approved accounts receive a free stock slice worth up to $70, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
Robinhood
$0
Stocks, Options, ETFs
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Moomoo
$0 for US stocks
Stocks, Options, ETFs
$0
$0 per year
N/A
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

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 $140.31 from 2021-06-08

1 week (2021-07-13) N/A
1 month (2021-06-24) 3.47%
3 months (2021-04-20) N/A
6 months (2021-01-20) N/A
1 year (2020-07-20) N/A
2 years (2019-07-20) N/A
3 years (2018-07-20) N/A
5 years (2016-07-20) 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 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 $672.1 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 $5.1 billion
Operating margin TTM 12.96%
Gross profit TTM $1 billion
Return on assets TTM 3.18%
Return on equity TTM 17.07%
Profit margin 9.72%
Book value $84.17
Market capitalisation $4.8 billion

TTM: trailing 12 months

Shorting The Hanover Insurance Group shares

There are currently 493,960 The Hanover Insurance Group shares held short by investors – that's known as The Hanover Insurance Group's "short interest". This figure is 14.1% up from 432,768 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 180277.37226277). The Hanover Insurance Group's SIR currently stands at 2.74. In other words for every 100,000 The Hanover Insurance Group shares traded daily on the market, roughly 2740 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 0.0139% of the tradable shares (for every 100,000 tradable The Hanover Insurance Group shares, roughly 14 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

31%

Dividend payout ratio: 31.36% of net profits

Recently The Hanover Insurance Group has paid out, on average, around 31.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.13% 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 2.13% return on their shares, in the form of dividend payments. In The Hanover Insurance Group's case, that would currently equate to about $2.7 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 24 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 9 June 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 $86.2747 up to $142.4787. A popular way to gauge a stock's volatility is its "beta".

THG.US volatility(beta: 0.95)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 0.945. 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 0.8% of The Hanover Insurance Group shares are held by insiders and 87.748% 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

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site