The Hanover Insurance Stock Today
| THG Stock | USD 162.74 0.44 0.27% |
Performance17 of 100
| Odds Of DistressLess than 8
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Hanover Insurance is trading at 162.74 as of the 21st of November 2024. This is a 0.27 percent increase since the beginning of the trading day. The stock's lowest day price was 160.88. Hanover Insurance has only a 8 % chance of going through financial distress over the next few years and had a solid performance during the last 90 days. Equity ratings for The Hanover Insurance are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Insurance | IPO Date 10th of October 1995 | Category Financial Services | Classification Financials |
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts. The company has 36.03 M outstanding shares of which 248.28 K shares are at this time shorted by investors with about 1.44 days to cover. More on The Hanover Insurance
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Moving against Hanover Stock
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Hanover Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Cynthia Egan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Insurance Providers (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | THAKRAL ORD/UN | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Property & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, Stock Exchange Of, SP Midcap 400, SET Total Return, SET100 Index, Insurance Providers, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsHanover Insurance can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hanover Insurance's financial leverage. It provides some insight into what part of Hanover Insurance's total assets is financed by creditors.
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The Hanover Insurance (THG) is traded on New York Stock Exchange in USA. It is located in 440 Lincoln Street, Worcester, MA, United States, 01653 and employs 4,800 people. Hanover Insurance is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.88 B. Hanover Insurance runs under Insurance sector within Financials industry. The entity has 36.03 M outstanding shares of which 248.28 K shares are at this time shorted by investors with about 1.44 days to cover.
The Hanover Insurance has about 305 M in cash with 361.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.63.
Check Hanover Insurance Probability Of Bankruptcy
Ownership AllocationThe Hanover Insurance has a total of 36.03 Million outstanding shares. The majority of Hanover Insurance outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Hanover Insurance to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in The Hanover Insurance. Please pay attention to any change in the institutional holdings of Hanover Insurance as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Hanover Ownership Details
Hanover Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 793.9 K | |
| Ameriprise Financial Inc | 2024-06-30 | 681.7 K | |
| Alliancebernstein L.p. | 2024-06-30 | 663 K | |
| Geode Capital Management, Llc | 2024-06-30 | 643.5 K | |
| Fuller & Thaler Asset Management Inc | 2024-09-30 | 621.4 K | |
| International Assets Investment Management, Llc | 2024-09-30 | 552.5 K | |
| Macquarie Group Ltd | 2024-06-30 | 539.6 K | |
| London Company Of Virginia | 2024-06-30 | 444.9 K | |
| Norges Bank | 2024-06-30 | 432.5 K | |
| Vanguard Group Inc | 2024-09-30 | 3.6 M | |
| Blackrock Inc | 2024-06-30 | 3.3 M |
Hanover Insurance Historical Income Statement
Hanover Stock Against Markets
Hanover Insurance Corporate Directors
| Martin Hughes | Independent Director | Profile | |
| Harriett Taggart | Independent Director | Profile | |
| Theodore Bunting | Independent Director | Profile | |
| Wendell Knox | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanover Insurance. If investors know Hanover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanover Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 10.656 | Dividend Share 3.4 | Earnings Share 10.03 | Revenue Per Share 172.438 | Quarterly Revenue Growth 0.032 |
The market value of Hanover Insurance is measured differently than its book value, which is the value of Hanover that is recorded on the company's balance sheet. Investors also form their own opinion of Hanover Insurance's value that differs from its market value or its book value, called intrinsic value, which is Hanover Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanover Insurance's market value can be influenced by many factors that don't directly affect Hanover Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanover Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanover Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.